PureFunds ISE Mobile Payments ETF (IPAY)

40.02 -1.04%
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Pros
3-year return above the benchmark
5-year return above the benchmark
Cons
Low net assets
High expense ratio

Pros

  1. IPAY 3-year return is 19.8%, which is higher than the 3-year return of the benchmark index (MSCI ACWI NR USD), 8.21%.
  2. IPAY 5-year return is 18.55%, which is higher than the 5-year return of the benchmark index (MSCI ACWI NR USD), 10.45%.

Cons

  1. IPAY net assets are $590.98 million. This fund is not a popular choice with retail investors.
  2. IPAY expense ratio is 0.75%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?