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PEPS vs IPAY

Parametric Equity Plus ETF vs Amplify Digital Payments ETF

PEPS

Parametric Equity Plus ETF

Annual cost

0.10%

Fund size

$28M

IPAY

Amplify Digital Payments ETF

Annual cost

0.75%

Fund size

$163M

Key differences

PEPS is an alternative ETF, while IPAY is an equity ETF. PEPS charges 0.10% a year and IPAY 0.75%.

  • PEPS is an alternative fund, while IPAY is an equity fund. They carry different risk/return profiles.
  • PEPS follows a option income strategy; IPAY uses index tracking.
  • PEPS costs 0.65% less per year.
  • IPAY is much larger than PEPS. 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

PEPSIPAY
Annual cost (TER)0.10%0.75%
Fund size (AUM)$28M$163M
Since20242015
Dividend yield0.88%0.88%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+29.2%-24.4%
CAGR 3YN/A+2.2%
CAGR 5YN/A-8.9%
Sharpe 3YN/A0.06
Volatility 1Y13.42%23.90%
Max drawdown-9.79%-51.75%

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

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