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FDRX vs IPAY

Founder-Led 2x Daily ETF vs Amplify Digital Payments ETF

FDRX

Founder-Led 2x Daily ETF

Annual cost

1.08%

Fund size

$22M

IPAY

Amplify Digital Payments ETF

Annual cost

0.75%

Fund size

$163M

Key differences

Both FDRX and IPAY are equity ETFs. FDRX charges 1.08% a year and IPAY 0.75%. The main difference: FDRX follows a leveraged strategy; IPAY uses index tracking.

  • FDRX follows a leveraged strategy; IPAY uses index tracking.
  • FDRX covers North America; IPAY covers global markets.
  • IPAY costs 0.33% less per year.
  • IPAY is much larger than FDRX. Larger funds are usually more liquid and less likely to close.
  • IPAY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FDRXIPAY
Annual cost (TER)1.08%0.75%
Fund size (AUM)$22M$163M
Since20262015
Dividend yield0.88%
Asset classequityequity
Regionnorth americaglobal
Strategyleveragedindex tracking
CAGR 1YN/A-24.7%
CAGR 3YN/A+1.9%
CAGR 5YN/A-8.5%
Sharpe 3YN/A0.04
Volatility 1Y24.06%
Max drawdown-38.44%-51.75%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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