Compare AU

Compare IPAY vs. UMAX

Compare shares and ETFs on the ASX that you can trade on Pearler.

BetaShares Future of Payments ETF

ASX

Buy

Buy

Overview
Performance

Overview

When it comes to investing in the Australian stock market, Exchange-Traded Funds (ETFs) are a popular choice. Two well-known options in the Australian Securities Exchange (ASX) are the BetaShares Future of Payments ETF (IPAY) and the BetaShares S&P 500 Yield Maximiser Fund (Managed Fund) (UMAX). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.

Community Stats

IPAY

UMAX

Popularity

Low

Low

Pearlers invested

2

44

Median incremental investment

$516.50

$993.50

Median investment frequency

Monthly

Monthly

Median total investment

$962.20

$2,603.80

Average age group

> 35

> 35


Key Summary

IPAY

UMAX

Strategy

IPAY.AX was created on 2021-12-13 by BetaShares. The fund's investment portfolio concentrates primarily on total market equity. IPAY.AX aims to track the performance of an Index (before fees and expenses) that provides exposure to a

UMAX.AX was created on 2014-09-17 by BetaShares. The fund's investment portfolio concentrates primarily on large cap equity. UMAX.AX aims to generate attractive quarterly income and reduce the volatility of portfolio returns by implementing an equity income investment strategy over a portfolio of stocks comprising the S&P 500 Index. UMAX.AX does not aim to track an index.

Top 3 holdings

AMERICAN EXPRESS CO (6.43 %)

PAYPAL HOLDINGS INC (6.24 %)

VISA INC (6.13 %)

SPX US 02/21/25 C6160 (0 %)

ISHARES CORE S&P 500 ETF (98.02 %)

USD - UNITED STATES DOLLAR (1.66 %)

Top 3 industries

Financials (80.80 %)

Other (13.73 %)

Information Technology (5.47 %)

Other (99.94 %)

Communication Services (0.06 %)

Top 3 countries

United States (82.97 %)

Netherlands (4.72 %)

United Kingdom of Great Britain and Northern Ireland (3.47 %)

United States (99.40 %)

Switzerland (0.28 %)

Netherlands (0.13 %)

Management fee

0.67 %

0.79 %


Key Summary

IPAY

UMAX

Issuer

BetaShares

BetaShares

Tracking index

Nasdaq CTA Global Digital Payments Index - AUD - Benchmark TR Net

Asset class

ETF

ETF

Management fee

0.67 %

0.79 %

Price

$14.15

$27.70

Size

$3.053 million

$260.470 million

10Y return

N/A

65.18 %

Annual distribution yield (5Y)

- %

6.14 %

Market

ASX

ASX

First listed date

14/12/2021

19/09/2014

Purchase fee

$6.50

$6.50


Community Stats

IPAY

UMAX

Popularity

Low

Low

Pearlers invested

2

44

Median incremental investment

$516.50

$993.50

Median investment frequency

Monthly

Monthly

Median total investment

$962.20

$2,603.80

Average age group

> 35

> 35


Pros and Cons

IPAY

UMAX

Pros

  • Higher exposure to AU market

  • Lower management fee

  • Higher exposure to US market

  • Higher price growth

  • Higher distribution yield

Cons

  • Lower exposure to US market

  • Lower price growth

  • Lower distribution yield

  • Lower exposure to AU market

  • Higher management fee

IPAY

UMAX

Higher exposure to AU market

Lower exposure to AU market

Lower exposure to US market

Higher exposure to US market

Lower management fee

Higher management fee

Lower price growth

Higher price growth

Lower distribution yield

Higher distribution yield

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