Do IPAY and LATR hold the same stocks?

By their latest filings, 27% 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.

Which is more different from the S&P 500, IPAY or LATR?

IPAY has 58% of its weight in S&P 500 names and LATR has 36%, so LATR differs more from the index.

Which is cheaper, IPAY or LATR?

IPAY charges 0.75% a year and LATR charges 0.35%, so LATR is cheaper. Fees come from each fund's prospectus.

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IPAY vs LATR: which is really different?

IPAY and LATR hold 27% of their weight in the same names. Amplify Digital Payments ETF and Corgi Buy Now Pay Later ETF.

57.6%

IPAY in the S&P 500

36.3%

LATR in the S&P 500

−18.3%

IPAY total return, 1 year

+4.0%

LATR total return, since launch

IPAY · 1 year to Sep 30, 202642% of its weight is outside the S&P 500

58% of IPAY's weight is in S&P 500 companies and 42% is outside the index

LATR · 3 months to Sep 30, 202664% of its weight is outside the S&P 500

36% of LATR's weight is in S&P 500 companies and 64% is outside the index

ETFIQ Off-Index Score · LATR scores higherHow much of it is not the index it is sold as an alternative to?

IPAY 45.9

LATR 54.1

0.1, the lowest in this set92.0, the highest

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 LATR hold 27% 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.

50%

half

27% in common

Positions both hold, largest shared weight first

Holding IPAY LATR

Visa Inc 6.51% 11.56%

Mastercard Inc 6.38% 11.14%

Affirm Holdings Inc 4.53% 5.22%

Block Inc 4.51% 4.62%

PayPal Holdings Inc 5.73% 4.46%

Marqeta Inc 0.69% 3.62%

Only in IPAY

American Express Co 6.08%

Capital One Financial Corp 5.95%

Coinbase Global Inc 5.04%

Corpay Inc 4.70%

Wise Group PLC 4.49%

Global Payments Inc 4.40%

Fiserv Inc 4.33%

Fidelity National Information Services Inc 4.01%

Only in LATR

Shopify Inc 5.71%

Sea Ltd 5.51%

Bread Financial Holdings Inc 4.53%

Synchrony Financial 4.51%

Sezzle Inc 4.50%

NU Holdings Ltd/Cayman Islands 4.22%

MercadoLibre Inc 4.07%

Kaspi.KZ JSC 4.06%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

27% 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	LATR	IPAY	LATR	IPAY	LATR
3 months	−2.6%	−8.2%	−5.1 pts	−10.7 pts	−4.7 pts	−10.3 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 · LATR May 2026	+85.9%	+4.0%	−246.5 pts	−0.5 pts	−532.1 pts	−2.5 pts

IPAY and LATR 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

Amplify Digital Payments ETF · Holds 43 stocks in fintech and digital payments, 58% of its weight in S&P 500 companies

LATR

Corgi Buy Now Pay Later ETF · Holds 22 stocks in fintech and digital payments, 36% of its weight in S&P 500 companies

Issuer Amplify Corgi

Theme Fintech and digital payments Fintech and digital payments

In the S&P 500 57.6% 36.3%

Active share vs the S&P 500 97.7% 98.3%

In the Nasdaq-100 5.7% 14.2%

Holdings 43 22

Top ten, share of the fund 53.9% 61.7%

Expense ratio 0.75% 0.35%

Fee for the differing part 0.77% 0.36%

Total return, 1 year −18.3% +4.0% (since launch on May 6, 2026)

vs the S&P 500 −34.0 pts −0.5 pts

vs the Nasdaq-100 −42.1 pts −2.5 pts

Below its high −35.6% −12.8%

Net assets $146m $891,314

IPAY and LATR 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.

LATR in plain words

By weight, 36% of LATR'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 62% of the fund across 22 positions, as published by its issuer for Sep 30, 2026. Since it launched on May 6, 2026 the fund returned +4.0% with distributions reinvested against +4.5% for the S&P 500, so a holder was about even. It sits 12.8% below its all-time high of Aug 5, 2026.

Questions people ask

Do IPAY and LATR hold the same stocks?: By their latest filings, 27% 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.
Which is more different from the S&P 500, IPAY or LATR?: IPAY has 58% of its weight in S&P 500 names and LATR has 36%, so LATR differs more from the index.
Which is cheaper, IPAY or LATR?: IPAY charges 0.75% a year and LATR charges 0.35%, so LATR is cheaper. Fees come from each fund's prospectus.

Other comparisons

IPAY vs KYC IPAY vs ARKF IPAY vs BPAY IPAY vs FINX LATR vs ARKF LATR vs BPAY LATR vs FINX LATR vs KYC

IPAY on its own →LATR on its own →How every figure is computed →Standards and sources →

Where these figures came from

IPAY filings on SEC EDGAR ↗IPAY prospectus with the expense ratio (SEC) ↗Amplify page for IPAY ↗LATR filings on SEC EDGAR ↗LATR prospectus with the expense ratio (SEC) ↗Corgi website ↗

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.

Cite this page

ETFIQ, IPAY against LATR, data as of Sep 30, 2026. https://etfiq.com/compare/themes/ipay-vs-latr

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.