IPAY vs. XLF
Compare and contrast key facts about ETFMG Prime Mobile Payments ETF (IPAY) and Financial Select Sector SPDR Fund (XLF).
IPAY and XLF 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. XLF is a passively managed fund by State Street that tracks the performance of the Financial Select Sector Index. It was launched on Dec 16, 1998. Both IPAY and XLF 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 XLF.
Key characteristics
| IPAY | XLF | |
|---|---|---|
| YTD Return | 25.64% | 33.53% |
| 1Y Return | 42.74% | 45.44% |
| 3Y Return (Ann) | -3.48% | 9.36% |
| 5Y Return (Ann) | 4.06% | 13.03% |
| Sharpe Ratio | 2.23 | 3.36 |
| Sortino Ratio | 3.06 | 4.72 |
| Omega Ratio | 1.37 | 1.61 |
| Calmar Ratio | 0.99 | 3.48 |
| Martin Ratio | 7.90 | 23.97 |
| Ulcer Index | 5.60% | 1.93% |
| Daily Std Dev | 19.82% | 13.75% |
| Max Drawdown | -51.75% | -82.69% |
| Current Drawdown | -20.04% | -0.50% |
Correlation
The correlation between IPAY and XLF is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IPAY vs. XLF - Performance Comparison
In the year-to-date period, IPAY achieves a 25.64% return, which is significantly lower than XLF's 33.53% return. 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. XLF - Expense Ratio Comparison
IPAY has a 0.75% expense ratio, which is higher than XLF's 0.13% expense ratio.
Risk-Adjusted Performance
IPAY vs. XLF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETFMG Prime Mobile Payments ETF (IPAY) and Financial Select Sector SPDR Fund (XLF). 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. XLF - Dividend Comparison
IPAY's dividend yield for the trailing twelve months is around 0.09%, less than XLF's 1.34% 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% |
XLF Financial Select Sector SPDR Fund | 1.34% | 1.71% | 2.04% | 1.63% | 2.03% | 1.86% | 2.09% | 1.48% | 1.63% | 1.95% | 1.61% | 1.47% |
Drawdowns
IPAY vs. XLF - Drawdown Comparison
The maximum IPAY drawdown since its inception was -51.75%, smaller than the maximum XLF drawdown of -82.69%. Use the drawdown chart below to compare losses from any high point for IPAY and XLF. For additional features, visit the drawdowns tool.
Volatility
IPAY vs. XLF - Volatility Comparison
ETFMG Prime Mobile Payments ETF (IPAY) has a higher volatility of 8.10% compared to Financial Select Sector SPDR Fund (XLF) at 7.03%. This indicates that IPAY's price experiences larger fluctuations and is considered to be riskier than XLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.