Screener
IPAY vs FMKT
Amplify Digital Payments ETF vs The Free Markets ETF
Key differences
Both IPAY and FMKT are equity ETFs. IPAY charges 0.75% a year and FMKT 0.76%. The main difference: IPAY follows a index tracking strategy; FMKT uses active selection.
- IPAY follows a index tracking strategy; FMKT uses active selection.
- 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
| IPAY | FMKT | |
|---|---|---|
| Annual cost (TER) | 0.75% | 0.76% |
| Fund size (AUM) | $163M | $15M |
| Since | 2015 | 2025 |
| Dividend yield | 0.88% | — |
| Asset class | equity | equity |
| Region | north america | north america |
| Strategy | index tracking | active selection |
| CAGR 1Y | -24.4% | N/A |
| CAGR 3Y | +2.2% | N/A |
| CAGR 5Y | -8.9% | N/A |
| Sharpe 3Y | 0.06 | N/A |
| Volatility 1Y | 23.90% | — |
| Max drawdown | -51.75% | -17.79% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.