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Digital Dollars

Digital Dollars

6.65k followers20 symbols Watchlist by Motif Investing

With the growing adoption of electronic payments in emerging markets, global issuance of payment cards is projected to grow 36% to 18.3 billion during 2011-2016.

Curated by Motif Investing

This watchlist will no longer be available after Sept. 29. Please copy the stock symbols into a new portfolio if you wish to continue tracking them.
Background

The way we pay is undergoing an unprecedented shift. We're moving away from paper-based cash and checks, and toward plastic and other digital methods. Global non-cash transactions reached $333 billion in 2012, an increase of 8.8% from the previous year. Electronic payments offer consumers plenty of benefits, including convenience and security, fueling even wider adoption.

In the US, electronic payments account for more than 75% of total non-cash transactions. Meanwhile, traditionally cash-based emerging markets are rapidly adopting new payment methods, fueling growth of companies involved in the e-payment explosion.

How did we choose these stocks?

We identified US-listed stocks and American Depository Receipts of companies that are engaged in activities relevant to this watchlist's theme. We then filtered out companies that have a share price of less than $1.00 or a market capitalization less than $100 million, and excluded illiquid stocks by screening companies for liquidity i.e. average bid-ask spreads, dollar volume traded etc. Finally the proprietary Motif Optimization Engine determined the constituent stocks. Learn more about how we select our watchlists.

Who made these selections?

Motif is an online brokerage built on thematic portfolios of up to 30 stocks and ETFs. Founded in 2010 by Hardeep Walia, Motif combines complex proprietary algorithms with skilled advisers to develop these thematic portfolios. Learn more about our team.

How are these weighted?

First, we determined each company's percentage of total revenue derived from this watchlist's theme. Second, we applied a pure-play factor to give greater relative weight to companies that derive a higher percentage of their revenue from this theme. Finally, we weighted each company by its market capitalization adjusted for revenue exposure to the theme.

More details on how we build and weight watchlists are available here.

Performance

WatchlistChange Today1 Month Return1 Year ReturnTotal Return
Digital Dollars+1.88%+7.91%+0.00%+47.87%
^GSPC+1.35%-4.50%+12.30%+3494.54%

20 Symbols

SymbolCompany NameLast PriceChange% ChangeMarket TimeVolumeAvg Vol (3 month)Market Cap
VVisa Inc.201.1+3.85+1.95%9:39 a.m. EDT392.64k7.99M441.50B
MAMastercard Incorporated338.69+6.91+2.08%9:39 a.m. EDT220.43k3.68M339.05B
PYPLPayPal Holdings, Inc.189.67+2.42+1.29%9:39 a.m. EDT421.33k7.90M222.54B
AXPAmerican Express Company98.79+2.53+2.63%9:39 a.m. EDT311.77k4.15M79.54B
SQSquare, Inc.163.415+5.69+3.61%9:39 a.m. EDT1.31M12.52M72.48B
FISVFiserv, Inc.103.91+1.78+1.74%9:39 a.m. EDT163.09k4.87M69.58B
GPNGlobal Payments Inc.177.97+2.97+1.70%9:38 a.m. EDT32.15k1.84M53.26B
FLTFLEETCOR Technologies, Inc.241.3+4.39+1.85%9:37 a.m. EDT18.51k672.78k20.28B
JKHYJack Henry & Associates, Inc.163.4+2.40+1.49%9:39 a.m. EDT14.36k568.04k12.52B
WEXWEX Inc.143.78+3.65+2.60%9:37 a.m. EDT9.32k387.99k6.48B
EEFTEuronet Worldwide, Inc.89.18+1.55+1.77%9:39 a.m. EDT9.38k421.93k4.66B
ACIWACI Worldwide, Inc.25.69+0.45+1.78%9:37 a.m. EDT7.79k847.23k2.99B
GDOTGreen Dot Corporation50.4+0.98+1.98%9:38 a.m. EDT7.26k478.42k2.69B
EVTCEVERTEC, Inc.34.89+0.53+1.54%9:38 a.m. EDT4.90k567.41k2.51B
UEPSNet 1 UEPS Technologies, Inc.3.21+0.02+0.63%9:30 a.m. EDT1.68k127.86k183.35M
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VNTV----6:07 p.m. EDT---
HAWK----6:07 p.m. EDT---
PAYVeriFone Systems, Inc.---6:07 p.m. EDT---
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