{
 "ticker": "IPAY",
 "name": "Amplify Digital Payments ETF",
 "issuer": "Amplify",
 "desk": "themes",
 "url": "https://etfiq.com/funds/ipay",
 "html": "https://etfiq.com/funds/ipay",
 "markdown": "https://etfiq.com/funds/ipay.md",
 "as_of": "2026-09-11",
 "verdict": "IPAY holds 44 stocks, and 43% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "57.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "IPAY, already in the S&P 500: 57.2%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "97.7%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "IPAY, active share vs the S&P 500: 97.7%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "52.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "IPAY, top ten holdings: 52.9%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u221215.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "IPAY, total return, 1 year: \u221215.9%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$171m",
   "source": "issuer page, as of Sep 11, 2026",
   "as_of": "2026-09-11",
   "sentence": "IPAY, net assets: $171m (issuer page, as of Sep 11, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Jan 28, 2026",
   "as_of": "2026-09-11",
   "sentence": "IPAY, expense ratio: 0.75% (485BPOS XBRL, Jan 28, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Fintech and digital payments",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jul 16, 2015",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "57.2%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "97.7%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "5.5%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "99.8%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "52.9%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "44",
   "source": null
  },
  {
   "key": "holdings_published_for",
   "label": "Holdings published for",
   "value": "Sep 14, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "Visa Inc 6.3%, Mastercard Inc 6.2%, American Express Co 6.1%, Capital One Financial Corp 6.0%, PayPal Holdings Inc 5.5%, Fiserv Inc 4.6%, Corpay Inc 4.6%, Block Inc 4.6%, Global Payments Inc 4.5%, Coinbase Global Inc 4.4%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$171m",
   "source": "issuer page, as of Sep 11, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221231.2%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Jan 28, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.77%",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+12.9%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "+9.6 pts",
   "Gap to Nasdaq-100": "+13.7 pts"
  },
  {
   "window": "6 months",
   "Total return": "+14.0%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "\u22122.0 pts",
   "Gap to Nasdaq-100": "\u22126.7 pts"
  },
  {
   "window": "1 year",
   "Total return": "\u221215.9%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "\u221233.5 pts",
   "Gap to Nasdaq-100": "\u221238.9 pts"
  },
  {
   "window": "3 years",
   "Total return": "+21.1%",
   "S&P 500": "+77.9%",
   "Gap to S&P 500": "\u221256.8 pts",
   "Gap to Nasdaq-100": "\u221274.0 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+98.5%",
   "S&P 500": "+332.2%",
   "Gap to S&P 500": "\u2212233.7 pts",
   "Gap to Nasdaq-100": "\u2212494.6 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of IPAY is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 14, 2026, 57% of IPAY by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different."
  },
  {
   "q": "What does IPAY hold?",
   "a": "44 positions as published by its issuer for Sep 14, 2026, with the top ten at 53% of the fund. The largest are Visa Inc at 6.3%, Mastercard Inc at 6.2%, American Express Co at 6.1%."
  },
  {
   "q": "Has IPAY beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 IPAY returned \u221215.9% with distributions reinvested, against +17.5% for the S&P 500, so it finished behind the index by 33.5 points."
  },
  {
   "q": "What does IPAY cost?",
   "a": "The prospectus expense ratio is 0.75% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.77%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}