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IPAYvsFRIETF Comparison

ETF 1

IPAY

Amplify Mobile Payments ETF

This fund is part of

FinTech

-0.6%

Full IPAY fund page

VS

ETF 2

FRI

First Trust S&P REIT Index Fund ETF

This fund is part of

US Real Estate

+0.11%

Full FRI fund page

Amplify Mobile Payments ETF (IPAY) belongs to the FinTech segment. First Trust S&P REIT Index Fund ETF (FRI) is part of the US Real Estate segment. IPAY's top 3 sector exposures are Finance, Technology and Consumer Cyclicals. In contrast, FRI's top sector exposures are Finance and Utilities. IPAY is more expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.49% for FRI. IPAY is down -0.97% year-to-date (YTD) with -$27M in YTD flows. FRI performs better with 19.44% YTD performance, and +$29M in YTD flows. Run a side-by-side ETF comparison of IPAY and FRI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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IPAY vs FRI performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 08/05/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	IPAY FRI	+5.67%+1.24%	+9.67%+5.77%	-0.97%+19.44%	-8.50%+22.48%	+20.17%+40.29%	-25.31%+25.91%
Flows	IPAY FRI	+$15M+$20M	-$3M+$32M	-$27M+$29M	-$58M+$26M	-$289M+$44M	-$650M+$32M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	IPAY FRI	+24.75%+15.30%	+23.71%+13.36%	+22.66%+16.78%	+25.15%+18.90%
Max drawdown	IPAY FRI	-9.80%-3.78%	-30.89%-7.64%	-32.90%-18.74%	-51.29%-31.41%
Max drawdown duration	IPAY FRI	54d13d	338d44d	533d434d	1799d1496d

Trading data

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	IPAY	FRI
Last sale 8/6/2026 at 1:30 PM	$51.23	$32.36
Previous close 08/05/2026	$51.53	$32.18
Consolidated volume 08/05/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of July 31, 2026

1-year trailing difference

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	IPAY	FRI
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 8/6/2026 at 1:30 PM

Live

Closed

	IPAY	FRI
Last price	$51.23	$32.36
1D performance	-0.58%	+0.56%
AuM	$185.47 M	$205.38 M
E/R	0.75%	0.49%

Characteristics

	IPAY	FRI
Management strategy	Passive	Passive
Provider	Amplify ETFs	First Trust
Benchmark	Nasdaq CTA Global Digital Payments Index	S&P United States REIT Index
N° of holdings	37	126
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	July 16, 2015	May 8, 2007
ESG	No	No

More IPAY data on Trackinsight

More FRI data on Trackinsight

Exposure

Countries

IPAY

USA

81.05%

Other

18.95%

FRI

USA

95.48%

Other

4.52%

Sectors

IPAY

Finance

91.38%

Other

8.62%

FRI

Finance

95.46%

Other

4.54%

Diversification

IPAY

Total weight of top 15 holdings out of 15

72.38%

FRI

Total weight of top 15 holdings out of 15

58.76%

Top 15 holdings

Data as of June 30, 2026

IPAY

Capital One Financial Corp.

6.36%

American Express Co.

6.34%

Visa, Inc.

6.02%

Mastercard, Inc.

5.89%

PayPal Holdings, Inc.

5.82%

Affirm Holdings, Inc.

5.29%

Toast, Inc.

5.14%

Block, Inc.

4.84%

Global Payments, Inc.

4.52%

Corpay, Inc.

4.43%

Fidelity National Information Services, Inc.

4.04%

Adyen NV

3.97%

Fiserv, Inc.

3.91%

Coinbase Global, Inc.

3.34%

WEX, Inc.

2.47%

FRI

Welltower, Inc.

11.87%

Prologis, Inc.

9.32%

Simon Property Group, Inc.

4.57%

Digital Realty Trust, Inc.

4.30%

Equinix, Inc.

4.29%

Realty Income Corp.

4.21%

Public Storage

3.73%

Ventas, Inc.

3.18%

Iron Mountain, Inc.

2.65%

Extra Space Storage, Inc.

2.27%

VICI Properties, Inc.

2.10%

AvalonBay Communities, Inc.

1.93%

Equity Residential

1.71%

Essex Property Trust, Inc.

1.39%

Kimco Realty Corp.

1.24%

Frequently asked questions about IPAY and FRI

How have the IPAY and FRI ETFs performed in 2026?

As of August 5, 2026, IPAY is down -0.97% year-to-date (YTD), while FRI has returned 19.44%. That puts FRI better performer ahead so far this year.

Which ETF is attracting more investor money: IPAY or FRI?

Year-to-date, the IPAY ETF saw -$27M in flows, compared to +$29M for FRI.

Which ETF is more volatile: IPAY or FRI?

Over the past year, IPAY had a volatility of 23.71%, while FRI experienced 13.36%.

Which ETF is bigger: IPAY or FRI?

As of August 5, 2026, IPAY holds $185.47 M in assets under management (AUM), while FRI manages $205.38 M.

What sectors do the IPAY and FRI ETFs invest in?

IPAY leans toward sectors like Finance. Meanwhile, FRI focuses on Finance.

What are the top holdings of the IPAY ETF and FRI ETF?

IPAY top holdings include Capital One Financial Corp., American Express Co. and Visa, Inc.. FRI holds in its top three: Welltower, Inc., Prologis, Inc. and Simon Property Group, Inc..

Which ETF is more diversified: IPAY or FRI?

IPAY holds 37 securities with 72.38% of its assets in the top 15. FRI has 126 securities and a top 15 weight of 58.76%.

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IPAY

IPAYvsFRIETF Comparison

Amplify Mobile Payments ETF

First Trust S&P REIT Index Fund ETF

IPAY vs FRI performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the IPAY and FRI ETFs performed in 2026?

As of August 5, 2026, IPAY is down -0.97% year-to-date (YTD), while FRI has returned 19.44%. That puts FRI better performer ahead so far this year.

Which ETF is attracting more investor money: IPAY or FRI?

Year-to-date, the IPAY ETF saw -$27M in flows, compared to +$29M for FRI.

Which ETF is more volatile: IPAY or FRI?

Over the past year, IPAY had a volatility of 23.71%, while FRI experienced 13.36%.

Which ETF is bigger: IPAY or FRI?

As of August 5, 2026, IPAY holds $185.47 M in assets under management (AUM), while FRI manages $205.38 M.

What sectors do the IPAY and FRI ETFs invest in?

IPAY leans toward sectors like Finance. Meanwhile, FRI focuses on Finance.

What are the top holdings of the IPAY ETF and FRI ETF?

IPAY top holdings include Capital One Financial Corp., American Express Co. and Visa, Inc.. FRI holds in its top three: Welltower, Inc., Prologis, Inc. and Simon Property Group, Inc..

Which ETF is more diversified: IPAY or FRI?

IPAY holds 37 securities with 72.38% of its assets in the top 15. FRI has 126 securities and a top 15 weight of 58.76%.

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