ADPV vs. SCAP ETF Comparison

Comparison of Adaptiv Select ETF (ADPV) to InfraCap Small Cap Income ETF (SCAP)

ADPV

Adaptiv Select ETF

ADPV Description

To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.23

Average Daily Volume

6,377

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SCAP

InfraCap Small Cap Income ETF

SCAP Description

The investment seeks to provide total return through long-term capital appreciation and current income. The fund seeks to achieve its investment objective by investing in a diversified group of U.S.-traded equity securities consisting of common and preferred stock, ADRs, and REITs. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in small cap securities. The fund's sub-advisor generally defines a small cap company as one having a market capitalization less than the market cap of the largest company in the Russell 2000 Index at the time of acquisition.

Grade (RS Rating)

Last Trade

$37.06

Average Daily Volume

2,557

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ADPV	SCAP
30 Days	11.75%	2.52%
60 Days	15.07%	2.12%
90 Days	18.03%	6.27%
12 Months	57.54%

0 Overlapping Holdings

	Symbol	Grade	Weight in ADPV	Weight in SCAP	Overlap

ADPV Overweight 25 Positions Relative to SCAP

Symbol	Grade	Weight
PLTR	B	7.92%
APP	B	6.12%
HOOD	B	5.75%
PPC	B	5.68%
HBAN	B	5.31%
T	A	4.74%
VIRT	A	4.7%
AMCR	C	4.61%
KEY	B	4.53%
NU	C	4.23%
KMI	A	3.92%
MDU	D	3.65%
RF	A	3.54%
MTG	C	3.43%
VST	A	3.39%
TOST	A	3.29%
CRBG	B	3.28%
CPNG	D	3.22%
OWL	A	3.14%
HIW	D	3.07%
AM	A	2.76%
VKTX	F	2.72%
GTES	A	2.29%
EXEL	B	1.94%
HAYW	B	1.84%

ADPV Underweight 42 Positions Relative to SCAP

Symbol	Grade	Weight
HRI	C	-3.47%
CASY	A	-3.17%
MKSI	C	-3.04%
EWBC	A	-3.02%
GATX	A	-2.95%
SM	C	-2.64%
MUR	D	-2.62%
PNFP	B	-2.61%
CHRD	F	-2.6%
PFBC	B	-2.58%
ASIX	B	-2.51%
PAGP	A	-2.46%
NTB	B	-2.35%
AVNT	B	-2.27%
KRC	C	-2.09%
BRX	A	-1.95%
DKL	C	-1.94%
POR	C	-1.92%
AES	F	-1.89%
NYT	D	-1.82%
AGNC	C	-1.81%
REXR	F	-1.79%
WWD	B	-1.75%
MCBS	B	-1.7%
ESI	B	-1.65%
JEF	A	-1.58%
AB	A	-1.55%
NTST	D	-1.53%
EPRT	A	-1.5%
BLMN	F	-1.46%
SLM	A	-1.38%
CELH	F	-1.36%
PK	D	-1.31%
AIZ	A	-1.22%
WAL	B	-1.19%
CHCT	C	-1.16%
STAG	D	-1.12%
MMI	B	-1.1%
SBLK	F	-1.09%
BPOP	C	-1.05%
COOP	B	-1.02%
VLYPP	A	-0.45%