Screener
FMKT vs IPAY
The Free Markets ETF vs Amplify Digital Payments ETF
Key differences
Both FMKT and IPAY are equity ETFs. FMKT charges 0.76% a year and IPAY 0.75%. The main difference: FMKT follows a active selection strategy; IPAY uses index tracking.
- FMKT follows a active selection strategy; IPAY uses index tracking.
- IPAY is much larger than FMKT. 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
| FMKT | IPAY | |
|---|---|---|
| Annual cost (TER) | 0.76% | 0.75% |
| Fund size (AUM) | $15M | $163M |
| Since | 2025 | 2015 |
| Dividend yield | — | 0.88% |
| Asset class | equity | equity |
| Region | north america | north america |
| Strategy | active selection | index tracking |
| CAGR 1Y | N/A | -24.0% |
| CAGR 3Y | N/A | +2.7% |
| CAGR 5Y | N/A | -8.8% |
| Sharpe 3Y | N/A | 0.08 |
| Volatility 1Y | — | 23.91% |
| Max drawdown | -17.79% | -51.75% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.