ETFMG Prime Mobile Payments ETF
ALTAR
Score™
6.2% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
40.0x P/Sales
ratio
4.4x
P/BV
ratio
3.9x Div.
yield
0.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
ETFMG Prime Mobile Payments ETF tracks an index of global equity in credit card firms, and companies providing payment infrastructure, payment services, payment processing and payment solutions.

FUND BASICS
Category Global Equities
Fund Sponsor ETF Managers Group
Website www.etfmgfunds.com
Inception date Jul 15, 2015
Assets (mns) $1,071
Currency USD
Expense ratio 75 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 45
Wgt avg mkt cap (mns) $95,817
Large cap (>$10bn) 74.3%
Mid cap ($2-10bn) 15.8%
Small cap (<$2bn) 5.5%
Developed mkts 96.5%
Emerging mkts 3.6%

TOP TEN HOLDINGS
PAYPAL HOLDINGS INC 6.6 %
SQUARE, INC. CLASS A 6.1 %
AMERICAN EXPRESS CO 5.7 %
ADYEN NV 5.6 %
MASTERCARD INC-CLASS A 5.5 %
VISA INC-CLASS A SHARES 5.4 %
FISERV INC 5.2 %
FIDELITY NATIONAL INFORMATIO 4.9 %
GLOBAL PAYMENTS INC 4.3 %
AFTERPAY TOUCH GROUP LTD. 3.8 %
Total 53.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 64.9 %
BRAZIL 6.7 %
NETHERLANDS 5.6 %
AUSTRALIA 3.8 %
CHINA 2.8 %
FRANCE 2.7 %
JAPAN 2.6 %
CANADA 2.1 %
ITALY 1.9 %
PUERTO RICO 1.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
34.2% 34.2% 22.2% -- 19.9%

Market Correlations
versus... Beta R-squared
S&P500 1.32 84%
MSCI EAFE 1.28 78%
MSCI Emg. Mkts. 0.95 55%

Technical Indicators
Recent close $66.12
30d moving avg. $65.29
Annualized volatility 27.0%
Short interest (ETF) 1.5%
Relative strength (RSI) 60

Liquidity measures
Avg. volume (thou.) 140
Turnover 0.9%
Bid/Ask (% of price) 0.15%
ADV underlying (mns) $12,449

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 potential alternatives to the ETFMG Prime Mobile Payments ETF ETF based on the alternatives' overlap in portfolio holdings with IPAY. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IPAY Expense: 75 bp ALTAR Score™: 6.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IPAY
Ticker Fund
Name
Overlap1
vs IPAY
(%)
Expense
ratio
(bp)
Savings
vs IPAY
(bp)
ALTAR
Score™
(%)
ALTAR
vs IPAY
(%)
TPAY Tortoise Digital Payments Infrastructure Fund 70.9 40 35 4.9 -1.3
FINX Global X FinTech Thematic ETF 38.8 68 7 2.7 -3.5
SHE SPDR SSGA Gender Diversity Index ETF 17.2 20 55 4.1 -2.1
JHMF John Hancock Multifactor Financials ETF 16.5 40 35 6.4 +0.2
ARKF ARK Fintech Innovation ETF 15.3 75 0 0.2 -6.0
IYG iShares US Financial Services ETF 14.3 42 33 5.9 -0.3
IYJ iShares U.S. Industrials ETF 14.2 42 33 4.9 -1.3
KOIN Innovation Shares NextGen Protocol ETF 14.1 95 -20 3.8 -2.4
DTEC ALPS Disruptive Technologies ETF 13.4 50 25 2.6 -3.6
XLK Technology Select Sector SPDR Fund 13.1 13 62 4.2 -2.0
FDG American Century Focused Dynamic Growth ETF 12.1 45 30 1.4 -4.9
VEGN US Vegan Climate ETF 11.9 60 15 3.9 -2.3
FTEC Fidelity MSCI Information Technology Index ETF 11.7 8 67 3.9 -2.3
IYF iShares U.S. Financials ETF 11.7 42 33 6.0 -0.2
LEND Amplify CrowdBureau Peer-to-Peer Lending & Crowdfunding ETF 11.6 65 10 15.5 +9.3
VGT Vanguard Information Technology Index Fund 11.4 10 65 3.9 -2.3
PLAT WisdomTree Modern Tech Platforms Fund 11.2 20 55 1.6 -4.7
IXN iShares Global Tech ETF 11.1 46 29 3.7 -2.5
GVIP Goldman Sachs Hedge Industry VIP ETF 11.1 45 30 3.2 -3.0
MMLG First Trust Multi-Manager Large Growth ETF 10.7 85 -10 1.8 -4.4
MILN Global X Millennials Thematic ETF 10.2 50 25 1.9 -4.3
FPXI First Trust International Equity Opportunities ETF 10.0 70 5 3.7 -2.6
RYT Invesco S&P 500 Equal Weight Technology ETF 10.0 40 35 5.7 -0.5
IGM iShares Expanded Tech Sector ETF 9.9 46 29 3.3 -3.0
BUYZ Franklin Disruptive Commerce ETF 9.7 50 25 -0.3 -6.5
GENY Principal Millennials Index ETF 9.7 45 30 3.4 -2.9
LCG Sterling Capital Focus Equity ETF 9.1 59 16 2.4 -3.8
JKE iShares Morningstar Large-Cap Growth ETF 9.0 25 50 2.2 -4.0
BLOK Amplify Transformational Data Sharing ETF 8.9 70 5 4.0 -2.3
ECOZ TrueMark ESG Active Opportunities ETF 8.9 58 17 3.0 -3.2
FPXE First Trust IPOX Europe Equity Opportunities ETF 8.8 70 5 1.4 -4.8
USXF iShares ESG Advanced MSCI USA ETF 8.8 10 65 4.5 -1.7
TECB iShares US Tech Breakthrough Multisector ETF 8.5 40 35 3.5 -2.8
XSW SPDR S&P Software & Services ETF 8.5 35 40 3.1 -3.1
PWB Invesco Dynamic Large Cap Growth ETF 8.0 56 19 2.1 -4.1
MGK Vanguard Mega Cap Growth ETF 7.9 7 68 3.7 -2.6
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF 7.6 75 0 4.3 -1.9
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 7.5 49 26 4.2 -2.1
BLCN Reality Shares Nasdaq NextGen Economy ETF 7.4 68 7 5.0 -1.3
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 7.3 12 63 4.9 -1.3
IETC iShares Evolved U.S. Technology ETF 7.3 18 57 3.4 -2.8
ADME Aptus Drawdown Managed Equity ETF 7.0 79 -4 3.1 -3.1
DIA SPDR Dow Jones Industrial Average ETF Trust 7.0 16 59 5.0 -1.3
SCHG Schwab U.S. Large-Cap Growth ETF 6.9 4 71 3.2 -3.1
CLRG IQ Chaikin U.S. Large Cap ETF 6.9 25 50 5.0 -1.2
GIGE SoFi Gig Economy ETF 6.8 59 16 -0.2 -6.5
ARKK ARK Innovation ETF 6.8 75 0 -1.6 -7.8
SPHQ Invesco S&P 500 Quality ETF 6.7 15 60 4.4 -1.8
TMFC Motley Fool 100 Index ETF 6.7 50 25 3.0 -3.2
PFI Invesco DWA Financial Momentum ETF 6.7 60 15 4.9 -1.3
IWY iShares Russell Top 200 Growth ETF 6.7 20 55 3.6 -2.6
FMK First Trust Mega Cap AlphaDEX Fund 6.6 70 5 5.0 -1.2
QLV FlexShares US Quality Low Volatility Index Fund 6.6 22 53 4.3 -1.9
EDOW First Trust Dow 30 Equal Weight ETF 6.5 50 25 5.1 -1.1
SPQQ Siren Large Cap Blend Index ETF 6.5 20 55 4.2 -2.0
IEFN iShares Evolved U.S. Financials ETF 6.4 18 57 7.5 +1.3
ESGV Vanguard ESG U.S. Stock ETF 6.4 12 63 4.5 -1.8
BTEK BlackRock Future Tech ETF 6.4 88 -13 -0.2 -6.4
VUG Vanguard Growth Index Fund 6.3 4 71 3.5 -2.7
FDNI First Trust Dow Jones International Internet ETF 6.3 65 10 1.9 -4.4
ENTR Entrepreneur 30 Fund 6.1 49 26 -1.0 -7.2
LRGE ClearBridge Large Cap Growth ESG ETF 6.1 59 16 3.3 -3.0
RFFC RiverFront Dynamic US Flex-Cap ETF 6.0 52 23 4.4 -1.9
JOYY Infusive Compounding Global Equities ETF 6.0 50 25 3.4 -2.8
ARKW ARK Web x.0 ETF 5.9 79 -4 -0.8 -7.0
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 5.9 60 15 2.3 -3.9
JMOM JPMorgan U.S. Momentum Factor ETF 5.9 12 63 3.0 -3.3
SLT Pacer Salt High TruBeta US Market ETF 5.8 60 15 4.5 -1.7
QUAL iShares MSCI Usa Quality Factor ETF 5.8 15 60 5.0 -1.2
GURU Global X Guru Index ETF 5.8 75 0 3.2 -3.1
LYFE 2nd Vote Life Neutral Plus ETF 5.8 75 0 5.6 -0.6
DFNL Davis Select Financial ETF 5.7 64 11 6.8 +0.6
FDLO Fidelity Low Volatility Factor ETF 5.7 29 46 4.9 -1.3
WOMN Impact Shares YWCA Women's Empowerment ETF 5.7 75 0 3.5 -2.8
IWF iShares Russell 1000 Growth ETF 5.7 19 56 3.4 -2.8
FDN First Trust Dow Jones Internet Index Fund 5.6 52 23 1.7 -4.5
DSI iShares MSCI KLD 400 Social ETF 5.6 25 50 4.6 -1.7
EWN iShares MSCI Netherlands ETF 5.5 51 24 4.3 -1.9
VONG Vanguard Russell 1000 Growth Index Fund 5.4 8 67 3.5 -2.7
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 5.4 50 25 3.3 -3.0
NULG Nuveen ESG Large-Cap Growth ETF 5.4 35 40 2.9 -3.3
XLG Invesco S&P 500 Top 50 ETF 5.4 20 55 4.1 -2.2
QUS SPDR MSCI USA StrategicFactors ETF 5.4 15 60 5.3 -1.0
MTUM iShares MSCI USA Momentum Factor ETF 5.4 15 60 2.2 -4.0
LIV Emles (a)Home ETF 5.4 49 26 2.4 -3.8
ILF iShares Latin America 40 ETF 5.2 48 27 5.5 -0.8
ACIO Aptus Collared Income Opportunity ETF 5.2 79 -4 3.8 -2.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 5.0 20 55 4.6 -1.7
YLDE ClearBridge Dividend Strategy ESG ETF 4.9 60 15 4.5 -1.8
JOET Virtus Terranova US Quality Momentum ETF 4.9 29 46 4.6 -1.6
USMV iShares Edge MSCI Min Vol USA ETF 4.8 15 60 5.3 -0.9
IWL iShares Russell Top 200 ETF 4.8 15 60 4.4 -1.8
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 4.8 49 26 4.1 -2.1
MGC Vanguard Mega Cap Index Fund 4.8 7 68 4.6 -1.6
BKLC BNY Mellon US Large Cap Core Equity ETF 4.7 0 75 4.5 -1.8
SFY SoFi Select 500 ETF 4.7 0 75 4.6 -1.7
OEF iShares S&P 100 ETF 4.7 20 55 4.2 -2.0
TDV ProShares S&P Technology Dividend Aristocrats ETF 4.7 46 29 4.2 -2.0

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
ETFMG Prime Mobile Payments ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 24.3 %
Divided by: Fwd. P/BV 3.5 x
Less: Expense ratio 75 bp
Equals: ALTAR Score 6.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.42 CATEGORY
AVERAGE
1.48
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.