---
ticker: "IPAY"
name: "Amplify Digital Payments ETF"
url: "https://etf.net/etf/IPAY"
grade: "D"
score: 40
graded_at: "2026-10-12"
category: "Fintech & Payments"
category_rank: "4 of 7"
methodology: "https://etf.net/methodology"
---

# IPAY: Amplify Digital Payments ETF

Grade **D**, Score 40 of 100. Rank 4 of 7 in Fintech & Payments.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 17 | 6 of 7 |
| Mission | Not scored | — |
| Risk | 43 | 4 of 7 |
| Tradability | 66 | 2 of 7 |
| Holdings | 53 | 5 of 7 |
| Durability | 75 | 1 of 7 |

## Top holdings

The fund holds 42 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | V | Visa Inc | 6.70% |
| 2 | MA | Mastercard Inc | 6.55% |
| 3 | AXP | American Express Co | 5.92% |
| 4 | COF | Capital One Financial Corp | 5.90% |
| 5 | PYPL | PayPal Holdings Inc | 5.82% |
| 6 | AFRM | Affirm Holdings Inc | 4.89% |
| 7 | COIN | Coinbase Global Inc | 4.63% |
| 8 | CPAY | Corpay Inc | 4.57% |
| 9 | WISE.L | Wise Group PLC | 4.51% |
| 10 | XYZ | Block Inc | 4.48% |
| 11 | GPN | Global Payments Inc | 4.21% |
| 12 | FISV | Fiserv Inc | 4.20% |
| 13 | TOST | Toast Inc | 4.10% |
| 14 | FIS | Fidelity National Information Services Inc | 3.97% |
| 15 | ADYEN.AS | Adyen NV | 3.94% |
| 16 | WEX | WEX Inc | 3.04% |
| 17 | RELY | Remitly Global Inc | 2.26% |
| 18 | ACIW | ACI Worldwide Inc | 2.25% |
| 19 | NEXI.MI | Nexi SpA | 1.86% |
| 20 | QTWO | Q2 Holdings Inc | 1.61% |
| 21 | 3769.T | GMO Payment Gateway Inc | 1.45% |
| 22 | FLYW | Flywire Corp | 1.18% |
| 23 | STNE | StoneCo Ltd | 1.18% |
| 24 | FOUR | Shift4 Payments Inc | 1.16% |
| 25 | EEFT | Euronet Worldwide Inc | 1.10% |
| 26 | ZIP.AX | Zip Co Ltd | 1.00% |
| 27 | PAGS | Pagseguro Digital Ltd | 0.92% |
| 28 | WU | Western Union Co/The | 0.92% |
| 29 | DLO | Dlocal Ltd/Uruguay | 0.75% |
| 30 | ETOR | Etoro Group Ltd | 0.75% |

Source: etf.net, https://etf.net/etf/IPAY. Please cite the page URL.