Etfmg Prime Mobile Etf Profile
| IPAY Etf | USD 48.06 0.31 0.64% |
Performance6 of 100
| Odds Of DistressLess than 9
|
ETFMG Prime is trading at 48.06 as of the 19th of April 2024; that is -0.64 percent down since the beginning of the trading day. The etf's open price was 48.37. ETFMG Prime has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for ETFMG Prime Mobile are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The index tracks the performance of the exchange-listed equity securities of companies across the globe that engage in providing payment processing services or applications, provide payment solutions, build or provide payment industry architecture, infrastructure or software or, provide services as a credit card network. More on ETFMG Prime Mobile
Moving together with ETFMG Etf
| 0.61 | XT | iShares Exponential | PairCorr |
| 0.9 | BOTZ | Global X Robotics | PairCorr |
| 0.89 | DRIV | Global X Autonomous | PairCorr |
Moving against ETFMG Etf
| 0.41 | QCLN | First Trust NASDAQ | PairCorr |
ETFMG Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ETFMG Prime's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ETFMG Prime or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Miscellaneous Sector, ETFMG (View all Sectors) |
| Issuer | Amplify |
| Inception Date | 2015-07-15 |
| Benchmark | Nasdaq CTA Global Digital Payments Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 322.06 Million |
| Average Trading Valume | 27,325.8 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Amplify Investments LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Dustin Lewellyn, Ernesto Tong, Anand Desai |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 38.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.75 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 3.25 |
| Name | ETFMG Prime Mobile Payments ETF |
| Currency Code | USD |
| Open Figi | BBG009LHJF05 |
| In Threey Volatility | 26.38 |
| 1y Volatility | 29.61 |
| 200 Day M A | 44.0854 |
| 50 Day M A | 49.8008 |
| Code | IPAY |
| Updated At | 19th of April 2024 |
| Currency Name | US Dollar |
ETFMG Prime Mobile [IPAY] is traded in USA and was established 2015-07-15. The fund is listed under Miscellaneous Sector category and is part of ETFMG family. The entity is thematically classified as Strategy ETFs. ETFMG Prime Mobile currently have 507.27 M in assets under management (AUM). , while the total return for the last 3 years was -12.4%.
Check ETFMG Prime Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ETFMG Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ETFMG Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ETFMG Prime Mobile Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
ETFMG Prime Mobile Currency Exposure
ETFMG Prime Mobile holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of ETFMG Prime will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in ETFMG Prime Mobile.
Top ETFMG Prime Mobile Etf Constituents
| AXP | American Express | Stock | Financials |
| DCNSF | Dai ichi Life Holdings | Pink Sheet | Insurance—Life |
| DFS | Discover Financial Services | Stock | Financials |
| FIS | Fidelity National Information | Stock | Financials |
| FISV | Fiserv Inc | Stock | Information Technology |
| GPN | Global Payments | Stock | Financials |
| MA | Mastercard | Stock | Financials |
ETFMG Prime Target Price Odds Analysis
Based on a normal probability distribution, the odds of ETFMG Prime jumping above the current price in 90 days from now is about 62.17%. The ETFMG Prime Mobile probability density function shows the probability of ETFMG Prime etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.4952. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ETFMG Prime will likely underperform. Additionally, eTFMG Prime Mobile has an alpha of 0.0076, implying that it can generate a 0.007595 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of ETFMG Prime to move above the current price in 90 days from now is about 62.17 (This ETFMG Prime Mobile probability density function shows the probability of ETFMG Etf to fall within a particular range of prices over 90 days) .
ETFMG Prime Top Holders
| QAISX | Q3 All Weather Sector | Mutual Fund | Tactical Allocation |
| LCAIX | Lazard Capital Allocator | Mutual Fund | Tactical Allocation |
| LCAOX | Lazard Capital Allocator | Mutual Fund | Tactical Allocation |
| WIZ | MerlynAI Corp | Etf | Moderate Allocation |
ETFMG Prime Mobile Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ETFMG Prime market risk premium is the additional return an investor will receive from holding ETFMG Prime long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ETFMG Prime. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ETFMG Prime's alpha and beta are two of the key measurements used to evaluate ETFMG Prime's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0601 | |||
| Jensen Alpha | 0.0076 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0268 |
ETFMG Prime Against Markets
Picking the right benchmark for ETFMG Prime etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ETFMG Prime etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ETFMG Prime is critical whether you are bullish or bearish towards ETFMG Prime Mobile at a given time. Please also check how ETFMG Prime's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in ETFMG Prime without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy ETFMG Etf?
Before investing in ETFMG Prime, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ETFMG Prime. To buy ETFMG Prime etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ETFMG Prime. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ETFMG Prime etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ETFMG Prime Mobile etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ETFMG Prime Mobile etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as ETFMG Prime Mobile, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ETFMG Etf please use our How to Invest in ETFMG Prime guide.
Already Invested in ETFMG Prime Mobile?
The danger of trading ETFMG Prime Mobile is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ETFMG Prime is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ETFMG Prime. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ETFMG Prime Mobile is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ETFMG Prime Mobile offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ETFMG Prime's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Etfmg Prime Mobile Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Etfmg Prime Mobile Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ETFMG Prime Mobile. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the ETFMG Prime Mobile information on this page should be used as a complementary analysis to other ETFMG Prime's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of ETFMG Prime Mobile is measured differently than its book value, which is the value of ETFMG that is recorded on the company's balance sheet. Investors also form their own opinion of ETFMG Prime's value that differs from its market value or its book value, called intrinsic value, which is ETFMG Prime's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ETFMG Prime's market value can be influenced by many factors that don't directly affect ETFMG Prime's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ETFMG Prime's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETFMG Prime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETFMG Prime's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.