EQUL vs. ICAP ETF Comparison

Comparison of IQ Engender Equality ETF (EQUL) to InfraCap Equity Income Fund ETF (ICAP)

EQUL

IQ Engender Equality ETF

EQUL Description

The EQUL IQ Engender Equality ETF tracks the Solactive Equileap U.S. Gender Equality Index, which is designed to deliver exposure to global companies that promote gender equality and are committed to women’s empowerment through equal compensation and gender balance in leadership and the workforce.

Grade (RS Rating)

Last Trade

$27.43

Average Daily Volume

192

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ICAP

InfraCap Equity Income Fund ETF

ICAP Description

The investment seeks to maximize income and pursue total return opportunities. The fund, under normal conditions, will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies that pay dividends during normal market conditions. The fund will invest primarily in securities of U.S. companies, but may invest in foreign securities, including securities of companies located in emerging markets. To obtain high yield and total return, the adviser will favor sectors and industries that it currently views are undervalued on a relative basis.

Grade (RS Rating)

Last Trade

$27.40

Average Daily Volume

7,703

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EQUL	ICAP
30 Days	0.02%	0.59%
60 Days	3.51%	4.76%
90 Days	7.03%	7.76%
12 Months	30.05%	31.90%

10 Overlapping Holdings

Symbol	Grade	Weight in EQUL	Weight in ICAP	Overlap
BAC	A	1.41%	1.86%	1.41%
C	B	1.44%	4.2%	1.44%
DOW	F	1.25%	1.28%	1.25%
GS	B	1.44%	6.11%	1.44%
JNJ	D	1.25%	0.09%	0.09%
JPM	A	1.41%	1.57%	1.41%
KO	F	1.2%	0.07%	0.07%
MCD	C	1.32%	1.55%	1.32%
MRK	F	1.14%	0.87%	0.87%
VZ	D	1.21%	0.36%	0.36%

EQUL Overweight 64 Positions Relative to ICAP

Symbol	Grade	Weight
AA	C	1.64%
DASH	A	1.61%
ILMN	C	1.58%
WFC	A	1.57%
CMI	A	1.56%
LYFT	B	1.56%
VFC	C	1.55%
CRM	B	1.53%
GM	B	1.51%
MAR	A	1.48%
ALB	C	1.48%
BMY	B	1.48%
PYPL	A	1.47%
ADSK	B	1.44%
HLT	A	1.43%
GLOB	B	1.43%
META	B	1.42%
WBA	D	1.41%
PARA	B	1.41%
WELL	B	1.38%
UBER	F	1.37%
KEYS	C	1.37%
VRSK	A	1.37%
SCI	B	1.37%
AFRM	B	1.36%
BSX	A	1.35%
MA	B	1.34%
MET	C	1.33%
K	A	1.32%
Z	B	1.32%
YUM	B	1.32%
NBIX	C	1.31%
VTR	C	1.31%
ECL	C	1.29%
ETSY	D	1.29%
CLX	A	1.29%
NYT	C	1.29%
ACN	B	1.29%
F	C	1.29%
HAS	D	1.27%
SJM	F	1.27%
INTU	A	1.27%
AMGN	F	1.26%
IPG	F	1.26%
MCO	C	1.26%
IFF	F	1.26%
BMRN	F	1.25%
PEP	D	1.25%
KMB	D	1.24%
CRL	C	1.23%
SPGI	C	1.23%
HALO	C	1.23%
PG	C	1.23%
MDLZ	F	1.21%
GIS	F	1.21%
XYL	F	1.21%
HSY	F	1.19%
CL	F	1.18%
BIIB	F	1.17%
WEX	D	1.15%
NEM	F	1.14%
CNC	F	1.12%
COTY	D	1.07%
OGN	F	1.04%

EQUL Underweight 60 Positions Relative to ICAP

Symbol	Grade	Weight
EQIX	B	-4.16%
KRC	C	-4.04%
CVX	A	-3.99%
MTB	A	-3.84%
AMZN	A	-3.82%
ORCL	A	-3.51%
MPLX	A	-3.29%
BXP	D	-3.23%
AES	F	-3.1%
CFG	B	-3.09%
FRT	B	-2.9%
DLR	C	-2.76%
SLMBP	C	-2.76%
AVGO	C	-2.67%
AB	B	-2.39%
ARE	F	-2.15%
TFC	B	-2.04%
NYMTN	D	-1.94%
KHC	F	-1.87%
UGI	D	-1.87%
REXR	F	-1.73%
EIX	C	-1.65%
SPG	A	-1.65%
VOD	F	-1.52%
FANG	C	-1.46%
ARES	B	-1.45%
KMI	B	-1.28%
O	D	-1.27%
SO	D	-1.26%
HPE	B	-1.23%
BLMN	F	-1.21%
CCI	F	-1.08%
XOM	B	-1.05%
FITB	A	-1.02%
USB	B	-1.01%
MO	A	-1.0%
MSFT	C	-0.91%
NWN	B	-0.73%
IRM	D	-0.65%
PM	B	-0.63%
RTX	D	-0.62%
MMM	C	-0.57%
HON	B	-0.56%
AMT	F	-0.55%
D	D	-0.5%
CAT	B	-0.36%
MS	A	-0.34%
EPR	D	-0.31%
PAA	C	-0.31%
RRR	F	-0.29%
NEE	D	-0.26%
UNH	B	-0.22%
DUK	D	-0.21%
WMB	B	-0.2%
NEE	D	-0.2%
OKE	A	-0.18%
T	A	-0.18%
GD	C	-0.16%
ET	A	-0.03%
UZE	A	-0.01%