IPAY Performance — ETFMG Prime Mobile Payments ETF
Data updated: 2024-02-28
IPAY returned +18.33% over one year to Dec 2023. The annualised 3-year return is −11.21%. Against its US Mid-Cap Blend category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $70, against $120 for the category, and to $118 over one year, against $116. Volatility over the past three years was 26.38% a year. In the 12 months to Dec 2023 the fund took in a net $199.0M, and assets reached $372.30M.
IPAY Growth of $100
What $100 invested in ETFMG Prime Mobile Payments ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | IPAY | Category average |
|---|---|---|
| 1 year (Jan 2023 – Dec 2023) | $118 | $116 |
| 3 years (Jan 2021 – Dec 2023) | $70 | $120 |
| Since data start (Jul 2019 – Dec 2023) | $99 | $148 |
IPAY Trailing Returns
Total returns to Dec 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +18.33% |
| 3 years (annualised) | −11.21% |
IPAY Annual Returns
Calendar-year total returns of ETFMG Prime Mobile Payments ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 | +18.33% |
| 2022 | −32.21% |
| 2021 | −12.75% |
| 2020 | +34.00% |
| 2019 (Jul–Dec) | +5.91% |
IPAY Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +12.3% | −4.2% | −1.4% | +1.0% | −3.9% | +5.4% | +6.0% | −7.4% | −6.5% | −8.3% | +18.1% | +9.6% |
| 2022 | −6.4% | −5.5% | +1.8% | −10.8% | −1.4% | −15.0% | +12.7% | −3.0% | −11.4% | +8.2% | +0.9% | −4.8% |
| 2021 | −6.1% | +8.8% | −2.1% | +7.4% | −3.0% | +1.8% | −0.3% | +2.8% | −6.2% | −4.0% | −12.1% | +1.4% |
| 2020 | +3.9% | −6.8% | −22.1% | +14.9% | +12.2% | +1.7% | +6.8% | +7.6% | −3.7% | −6.5% | +20.7% | +8.6% |
| 2019 | — | — | — | — | — | — | +5.0% | −2.1% | −3.4% | +0.2% | +5.3% | +1.0% |
IPAY Risk
Risk measures from monthly returns over Jan 2021 – Dec 2023.
- 3-year volatility (annualised): 26.38%
- 3-year Sharpe ratio: -0.60 (vs 4.5% risk-free rate)
- Best month: +18.14% (Nov 2023)
- Worst month: −14.98% (Jun 2022)
IPAY Fund Flows
Monthly money in and out of ETFMG Prime Mobile Payments ETF, from SEC Form N-PORT.
- 12-month net flow: $199.0M
- 12-month gross sales (incl. reinvestments): $8.3M
- Sales ÷ redemptions: -0.04×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2023 | $4.2M | −$6.9M | $11.2M |
| Nov 2023 | $0 | −$16.0M | $16.0M |
| Oct 2023 | $0 | −$24.9M | $24.9M |
| Sep 2023 | $0 | −$16.6M | $16.6M |
| Aug 2023 | $0 | −$6.2M | $6.2M |
| Jul 2023 | $0 | −$11.2M | $11.2M |
| Jun 2023 | $0 | −$22.9M | $22.9M |
| May 2023 | $4.1M | −$20.6M | $24.7M |
| Apr 2023 | $0 | −$6.2M | $6.2M |
| Mar 2023 | $0 | −$14.5M | $14.5M |
| Feb 2023 | $0 | −$13.1M | $13.1M |
| Jan 2023 | $0 | −$31.6M | $31.6M |
IPAY Assets Under Management
Net assets of ETFMG Prime Mobile Payments ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-12-31 | $372.30M |
| 2023-09-30 | $357.01M |
| 2023-06-30 | $423.10M |
| 2023-03-31 | $459.34M |
| 2022-12-31 | $488.04M |
| 2022-09-30 | $507.27M |
| 2022-06-30 | $603.91M |
| 2022-03-31 | $880.49M |
| 2021-12-31 | $1.01B |
| 2021-09-30 | $1.19B |
| 2021-06-30 | $1.25B |
| 2021-03-31 | $1.21B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.