iShares FinTech Active ETF
$25.34−0.13 (−0.50%)
- 0.66%
- $9M
- −13.9%
- 7.18%
- 0M sh
- $25.48
- low $21.33high $32.69
The ETF.net BPAY Grade
C
Score 50 out of 100
- 2 of 7
Score 50 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C48 out of 100Rank 4 of 7Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D39 out of 100Rank 5 of 7Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C51 out of 100Rank 4 of 7Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A78 out of 100Rank 1 of 7Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C49 out of 100Rank 5 of 7
Our read on BPAY
CBlackRock's stock-picker take on fintech: an active portfolio of about 40 names across payments, banking, insurance and the software running underneath, priced below the typical fee in its fintech peer group.
The fund seeks to maximize total return by investing in companies that provide innovative technologies across financial services, including payments, banking, insurance, and software.
Why people hold it
- Active by mandate. Managers choose roughly 40 names instead of tracking a fintech index, so the book can follow the theme as it shifts.
- 0.66% a year sits under the fintech cohort median and below index-based rivals FINX, IPAY and ARKF, an unusual place for an active fund.
- Wide definition of fintech: payments, banking, insurance and financial software, not just the card networks.
- Ranks in the upper half of its fintech and payments peer group on our review, with portfolio construction among its stronger marks.
Worth knowing
- Thinly traded. Spreads matter more at the point of entry here than in the category's heaviest-volume funds.
- About 40 stocks in one theme. Single-name and sector swings land harder than in a broad fund.
- Launched in 2022 and still a small fund, with no index to grade the managers against. The record is short and payouts come once or twice a year.
BPAY Holdings
- Stocks
- 45
- 39%
- CHYM
Sectors
- Financials90.6%
- Information Technology4.5%
- Consumer Discretionary3.3%
- Industrials1.6%
Geography
- United States64.08%
- United Kingdom9.08%
- Brazil5.24%
- Kazakhstan4.18%
- Singapore3.37%
- Italy3.09%
- Israel2.93%
- Japan2.00%
- 6.03%
Developed 61% · Emerging 39%
BPAY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
BPAY$8,610
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BPAY |
|---|---|
| Year to date | −5.6% |
| 1 month | −4.4% |
| 3 months | −4.6% |
| 1 year | −13.9% |
| 3 years | +11.7% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BPAY |
|---|---|---|
| 2026 YTD | −5.6% | |
| 2025 | +8.4% | |
| 2024 | +17.3% | |
| 2023 | +13.2% | |
| 2022 | −16.4% |
BPAY in the news
BPAY Dividends
- 7.18%
- $1.83
- $0.15 per share
- Twice a year
Distribution history
BPAY Risk
- 23.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.32
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −33.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.43
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BPAY Cost
0.66%
BPAY0.66%
- The middle half of Fintech & Payments funds
- Median 0.66%
3 of the 7 Fintech & Payments funds charge less.
Other funds in Fintech & Payments
- BFDFFFidelity Disruptive Finance ETFExpense ratio 0.50%1 year return +1.2%
- CFINXGlobal X - FinTech ETFExpense ratio 0.68%1 year return −25.1%
- CARKFARK Blockchain & Fintech Innovation ETFExpense ratio 0.75%1 year return −13.7%
- DIPAYAmplify Digital Payments ETFExpense ratio 0.75%1 year return −12.4%
- CKYCCorgi ETF Trust I - Corgi Digital Banking & Fintech Infrastructure ETFExpense ratio 0.35%1 year return —