IPAY vs KYC: which is really different?
IPAY and KYC hold 44% of their weight in the same names. Amplify Digital Payments ETF and Corgi Digital Banking & Fintech Infrastructure ETF.
58% of IPAY's weight is in S&P 500 companies and 42% is outside the index
51% of KYC's weight is in S&P 500 companies and 49% is outside the index
A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →
What they hold in common
By the books each fund has filed, IPAY and KYC hold 44% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 1, 2026 and Sep 30, 2026.
half
44% in common
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.
44% of the two portfolios are the same securities at the same weight.
Performance, window by window
| Total return | vs the S&P 500 | vs the Nasdaq-100 | ||||
|---|---|---|---|---|---|---|
| Window | IPAY | KYC | IPAY | KYC | IPAY | KYC |
| 3 months | −2.6% | −1.8% | −5.1 pts | −4.4 pts | −4.7 pts | −4.0 pts |
| 6 months | +8.9% | not published | −8.1 pts | not published | −18.0 pts | not published |
| 1 year | −18.3% | not published | −34.0 pts | not published | −42.1 pts | not published |
| 3 years | +20.2% | not published | −64.8 pts | not published | −89.8 pts | not published |
| Since launch IPAY Jul 2015 · KYC May 2026 | +85.9% | −0.4% | −246.5 pts | −4.8 pts | −532.1 pts | −7.0 pts |
IPAY and KYC over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
IPAY and KYC on the same fields, as of Sep 30, 2026. Source: ETFIQ.
IPAY in plain words
By weight, 58% of IPAY's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 54% of the fund across 43 positions, as published by its issuer for Oct 1, 2026. Over the year to Sep 30, 2026 the fund returned −18.3% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 34.0 pts. It sits 35.6% below its all-time high of Apr 28, 2021.
KYC in plain words
By weight, 51% of KYC's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 46% of the fund across 56 positions, as published by its issuer for Sep 30, 2026. Since it launched on May 6, 2026 the fund returned −0.4% with distributions reinvested against +4.5% for the S&P 500, so a holder was behind by 4.8 pts. It sits 12.4% below its all-time high of Aug 25, 2026.
Questions people ask
- Do IPAY and KYC hold the same stocks?
- By their latest filings, 44% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.
ETFIQ, IPAY against KYC, data as of Sep 30, 2026. https://etfiq.com/compare/themes/ipay-vs-kyc
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, IPAY against KYC, data as of Sep 30, 2026. https://etfiq.com/compare/themes/ipay-vs-kyc Free to use with attribution; the underlying files are at Open data.
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- ETFIQ. (Sep 30, 2026). IPAY against KYC. Retrieved from https://etfiq.com/compare/themes/ipay-vs-kyc
- Markdown
- [IPAY against KYC (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/themes/ipay-vs-kyc)