Exchange-Traded Funds (ETFs) have transformed the landscape of investment, offering investors diversified exposure to various sectors and asset classes. In this article, we will conduct an in-depth comparison between two prominent ETFs: IPAY (ETFMG Prime Mobile Payments ETF) and LEGR (First Trust Indxx Innovative Transaction & Process ETF). We will delve into key aspects such as ETF tickers, full names, issuers, sectors, top holdings, capitalization, strategy, tracking, and exposure.
IPAY and LEGR are two ETFs with distinct focuses within the technology and innovation sector. While IPAY concentrates on mobile payment companies, LEGR targets businesses engaged in innovative transaction and process solutions. These divergent strategies result in varying risk profiles and opportunities, which we will dissect further in the upcoming sections.
The IPAY ETF is centered around companies involved in the mobile payments industry. Its top holdings include PayPal Holdings, Square Inc., and Shopify Inc., emphasizing its dedication to businesses shaping the future of payment processing. LEGR, on the other hand, invests in a broader array of innovative transaction and process solution companies such as DocuSign, Visa, and Fiserv. Understanding these sectors and top holdings is crucial for investors seeking alignment with their investment objectives.
IPAY overlap IPAY VS LEGR
IPAY boasts a substantial Asset Under Management (AUM), indicating its popularity among investors who are interested in the mobile payments sector. LEGR's approach is to capitalize on companies that drive advancements in transaction processes. The differing capitalization and strategies of these two ETFs introduce varying potential returns and levels of risk, demanding careful evaluation from prospective investors.
IPAY strives to provide investors with exposure to the growth potential of the mobile payment industry, while LEGR focuses on companies shaping transaction and process innovations. IPAY achieves this by tracking an index that represents the mobile payments ecosystem, while LEGR tracks an index of innovative transaction and process solution companies. Understanding the methods of tracking and exposure is pivotal in selecting the most suitable ETF for individual investment needs and risk tolerance.
IPAY and LEGR stand as distinctive ETFs, each offering a unique avenue to invest in the technology and innovation sectors. For those seeking comprehensive insights into holdings, correlations, overlaps, and other pertinent details, ETF Insider serves as an indispensable tool. With its user-friendly app, it grants investors a comprehensive view of these and other financial instruments.
Disclaimer: This article does not provide any investment advisory services.
Sources:
https://etfmg.com/ IPAY ETF issuer
https://etfmg.com/funds/ipay/ IPAY ETF official page
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IPAY may be considered better than LEGR for some investors due to its specific focus, offering diversification.
LEGR's performance relative to IPAY will vary over time, depending on market conditions.
The choice between IPAY and LEGR should align with your investment goals, risk tolerance, and desired exposure.
Both IPAY and LEGR can be suitable investments depending on individual investment strategies, goals, and risk profiles.
The correlation between IPAY and LEGR can vary over time, reflecting differences in performance.