{"url":"https://etfiq.com/compare/themes/ipay-vs-latr","section":"compare","title":"IPAY vs LATR: which is really different? | ETFIQ","description":"57.6% of IPAY and 36.3% of LATR is already in the S&P 500 by weight, as filed, and 27% of the two books are the same names at the same weight.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do IPAY and LATR hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"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."}},{"@type":"Question","name":"Which is more different from the S&P 500, IPAY or LATR?","acceptedAnswer":{"@type":"Answer","text":"IPAY has 58% of its weight in S&P 500 names and LATR has 36%, so LATR differs more from the index."}},{"@type":"Question","name":"Which is cheaper, IPAY or LATR?","acceptedAnswer":{"@type":"Answer","text":"IPAY charges 0.75% a year and LATR charges 0.35%, so LATR is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"IPAY vs LATR","item":"https://etfiq.com/compare/themes/ipay-vs-latr"}]},{"@type":"WebPage","name":"IPAY vs LATR: which is really different?","description":"57.6% of IPAY and 36.3% of LATR is already in the S&P 500 by weight, as filed, and 27% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","url":"https://etfiq.com/compare/themes/ipay-vs-latr","dateModified":"2026-09-30","abstract":"IPAY and LATR hold 27% of their weight in the same names.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of IPAY and LATR","description":"57.6% of IPAY and 36.3% of LATR is already in the S&P 500 by weight, as filed, and 27% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/ipay-vs-latr","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]}],"characters":6875,"truncated":true,"content":"ETFIQ / Thematic ETFs / Head to head / IPAY vs LATR \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n IPAY vs LATR: which is really different?\n\n IPAY and LATR hold 27% of their weight in the same names.\n Copy this for sharing \n \n Amplify Digital Payments ETF and Corgi Buy Now Pay Later ETF.\n\n Download as PDF \n\n 57.6% IPAY in the S&P 500 \n 36.3% LATR in the S&P 500 \n \u221218.3% IPAY total return, 1 year \n +4.0% LATR total return, since launch \n\n ETFIQ Off-Index Score: LATR scores higher\n How much of it is not the index it is sold as an alternative to?\n [IPAY scores 45.9 and LA","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/themes/ipay-vs-latr","a":{"ticker":"IPAY","name":"Amplify Digital Payments ETF","issuer":"Amplify","desk":"themes","as_of":"2026-09-30","verdict":"IPAY holds 43 stocks, and 42% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/ipay","key_facts":[{"label":"Already in the S&P 500","value":"57.6%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"97.7%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"53.9%","as_of":"2026-09-30","source":null},{"label":"Total return, 1 year","value":"\u221218.3%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$146m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.75%","as_of":"2026-09-30","source":"485BPOS XBRL, Jan 28, 2026"}]},"b":{"ticker":"LATR","name":"Corgi Buy Now Pay Later ETF","issuer":"Corgi","desk":"themes","as_of":"2026-09-30","verdict":"LATR holds 22 stocks, and 64% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/latr","key_facts":[{"label":"Already in the S&P 500","value":"36.3%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"98.3%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"61.7%","as_of":"2026-09-30","source":null},{"label":"Total return, since launch","value":"+4.0%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$891,314","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.35%","as_of":"2026-09-30","source":"485BPOS XBRL, Apr 30, 2026"}]},"overlap_pct":27,"full_text_at":"https://etfiq.com/compare/themes/ipay-vs-latr"}