IPAY vs. VTI
Compare and contrast key facts about ETFMG Prime Mobile Payments ETF (IPAY) and Vanguard Total Stock Market ETF (VTI).
IPAY and VTI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IPAY is a passively managed fund by ETFMG that tracks the performance of the Prime Mobile Payments Index. It was launched on Jul 15, 2015. VTI is a passively managed fund by Vanguard that tracks the performance of the CRSP US Total Market Index. It was launched on May 24, 2001. Both IPAY and VTI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IPAY or VTI.
Key characteristics
| IPAY | VTI | |
|---|---|---|
| YTD Return | 25.64% | 25.21% |
| 1Y Return | 42.74% | 33.95% |
| 3Y Return (Ann) | -3.48% | 8.40% |
| 5Y Return (Ann) | 4.06% | 14.97% |
| Sharpe Ratio | 2.23 | 2.76 |
| Sortino Ratio | 3.06 | 3.68 |
| Omega Ratio | 1.37 | 1.51 |
| Calmar Ratio | 0.99 | 4.00 |
| Martin Ratio | 7.90 | 17.66 |
| Ulcer Index | 5.60% | 1.94% |
| Daily Std Dev | 19.82% | 12.43% |
| Max Drawdown | -51.75% | -55.45% |
| Current Drawdown | -20.04% | -1.18% |
Correlation
The correlation between IPAY and VTI is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IPAY vs. VTI - Performance Comparison
The year-to-date returns for both stocks are quite close, with IPAY having a 25.64% return and VTI slightly lower at 25.21%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IPAY vs. VTI - Expense Ratio Comparison
IPAY has a 0.75% expense ratio, which is higher than VTI's 0.03% expense ratio.
Risk-Adjusted Performance
IPAY vs. VTI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETFMG Prime Mobile Payments ETF (IPAY) and Vanguard Total Stock Market ETF (VTI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
IPAY vs. VTI - Dividend Comparison
IPAY's dividend yield for the trailing twelve months is around 0.09%, less than VTI's 1.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPAY ETFMG Prime Mobile Payments ETF | 0.09% | 0.09% | 0.00% | 0.00% | 0.00% | 0.03% | 0.66% | 0.03% | 0.49% | 0.00% | 0.00% | 0.00% |
VTI Vanguard Total Stock Market ETF | 1.27% | 1.44% | 1.67% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% | 1.76% | 1.74% |
Drawdowns
IPAY vs. VTI - Drawdown Comparison
The maximum IPAY drawdown since its inception was -51.75%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for IPAY and VTI. For additional features, visit the drawdowns tool.
Volatility
IPAY vs. VTI - Volatility Comparison
ETFMG Prime Mobile Payments ETF (IPAY) has a higher volatility of 8.10% compared to Vanguard Total Stock Market ETF (VTI) at 4.05%. This indicates that IPAY's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.