Key stats
About Amplify Digital Payments ETF
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Inception date
Jul 15, 2015
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Amplify Investments LLC
Distributor
Foreside Fund Services LLC
IPAY passively provides pure-play exposure to the mobile payments industry. The index uses a sector classification scheme developed by the Consumer Technology Association (CTA) to identify companies that derive significant revenue from the following mobile payments categories: card networks, infrastructure & software, processors, and solutions. Eligible companies must meet minimum market capitalization and liquidity requirements. The index expects to hold a narrow portfolio of up to 50 companies, weighted using a theme-adjusted market capitalization scheme. The index is reconstituted semi-annually and rebalanced quarterly. Before January 29, 2024, IPAY traded under the brand name ETFMG and tracked the Prime Mobile Payments Index. Prior to October 3, 2024, the fund was known as Amplify Mobile Payments ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Commercial Services
Finance
Technology Services
Stocks99.84%
Commercial Services46.57%
Finance36.29%
Technology Services16.27%
Electronic Technology0.71%
Bonds, Cash & Other0.16%
Mutual fund0.10%
Cash0.06%
Stock breakdown by region
North America83.26%
Europe12.93%
Asia1.55%
Latin America1.31%
Oceania0.95%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IPAY invests in stocks. The fund's major sectors are Commercial Services, with 46.57% stocks, and Finance, with 36.29% of the basket. The assets are mostly located in the North America region.
IPAY top holdings are Visa Inc. Class A and Mastercard Incorporated Class A, occupying 6.34% and 6.34% of the portfolio correspondingly.
IPAY last dividends amounted to 0.44 USD. The year before, the issuer paid 0.01 USD in dividends, which shows a 97.69% increase.
IPAY assets under management is 272.44 M USD. It's risen 3.35% over the last month.
IPAY fund flows account for −73.98 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, IPAY pays dividends to its holders with the dividend yield of 0.09%. The last dividend (Dec 31, 2024) amounted to 0.44 USD. The dividends are paid annually.
IPAY shares are issued by Amplify Holding Co. LLC under the brand Amplify. The ETF was launched on Jul 15, 2015, and its management style is Passive.
IPAY expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
IPAY follows the Nasdaq CTA Global Digital Payments Gross Total Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IPAY invests in stocks.
IPAY price has risen by 8.71% over the last month, and its yearly performance shows a 16.28% increase. See more dynamics on IPAY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.72% over the last month, showed a −0.98% decrease in three-month performance and has increased by 18.15% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.72% over the last month, showed a −0.98% decrease in three-month performance and has increased by 18.15% in a year.
IPAY trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.