ETFMG Prime Mobile Payments ETF

IPAY is a Global Equities ETF. The ETFMG Prime Mobile Payments ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Prime Mobile Payments Index. The index provides a benchmark for investors interested in tracking the mobile and electronic payments industry, specifically focusing on credit card networks, payment infrastructure and software services, payment processing services, and payment solutions (such as smartcards, prepaid cards, virtual wallets).

IPAY tracks the Prime Mobile Payments Index.

No, IPAY is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IPAY is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IPAY is -0.025%. This is the percent change in the value of IPAY over the most recent 1-month period. The 3-month return on IPAY is -0.0432%. This is the percent change in the value of IPAY over the most recent 3-month period.

The standard deviation of IPAY for the past year is 0.2453%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IPAY include PBW, IGF, and ARKK.

ETFs correlated to IPAY include FINX, VXF, and VBK.

ETFs that are inversely correlated to IPAY include HIBS, TWM, and RWM.