GYLD vs. ICAP ETF Comparison

Comparison of Arrow Dow Jones Global Yield ETF ETF (GYLD) to InfraCap Equity Income Fund ETF (ICAP)

GYLD

Arrow Dow Jones Global Yield ETF ETF

GYLD Description

The investment seeks investment results that generally correspond, before fees and expenses, to the price and yield performance of the Dow Jones Global Composite Yield Index (the "underlying index"). The fund uses a "passive" or "indexing" investment approach to seek to track the price and yield performance of the underlying index. It invests at least 80% of its total assets in the component securities of the underlying index (or depositary receipts representing those securities). The underlying index seeks to identify the 150 highest yielding investable securities in the world.

Grade (RS Rating)

Last Trade

$12.86

Average Daily Volume

3,572

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

$27.56

Average Daily Volume

7,879

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GYLD	ICAP
30 Days	-3.93%	-1.43%
60 Days	-3.36%	2.15%
90 Days	-2.07%	7.41%
12 Months	14.50%	30.17%

5 Overlapping Holdings

Symbol	Grade	Weight in GYLD	Weight in ICAP	Overlap
EPR	D	0.72%	0.31%	0.31%
ET	A	0.81%	0.03%	0.03%
MO	A	0.88%	1.0%	0.88%
MPLX	A	0.83%	3.29%	0.83%
PAA	A	0.71%	0.31%	0.31%

GYLD Overweight 34 Positions Relative to ICAP

Symbol	Grade	Weight
KNTK	A	0.91%
ARLP	A	0.8%
BDN	D	0.79%
UAN	B	0.79%
EPD	A	0.78%
ENLC	A	0.78%
OHI	C	0.78%
CQP	B	0.77%
DMLP	A	0.77%
AM	A	0.76%
GLP	A	0.76%
HIW	D	0.76%
PDM	D	0.75%
BSM	A	0.75%
PAGP	A	0.73%
BNL	D	0.73%
GMRE	F	0.72%
SUN	B	0.72%
CAPL	D	0.71%
KRP	C	0.71%
WES	C	0.71%
HESM	A	0.71%
IEP	F	0.7%
DEA	D	0.7%
USAC	B	0.69%
DKL	C	0.69%
GNL	D	0.68%
SPH	D	0.68%
GEL	D	0.65%
IIPR	F	0.6%
MPW	F	0.56%
SVC	F	0.43%
NEP	F	0.42%
NRP	B	0.0%

GYLD Underweight 65 Positions Relative to ICAP

Symbol	Grade	Weight
GS	A	-6.11%
C	A	-4.2%
EQIX	A	-4.16%
KRC	C	-4.04%
CVX	A	-3.99%
MTB	A	-3.84%
AMZN	B	-3.82%
ORCL	A	-3.51%
BXP	D	-3.23%
AES	F	-3.1%
CFG	A	-3.09%
FRT	C	-2.9%
DLR	A	-2.76%
SLMBP	D	-2.76%
AVGO	C	-2.67%
AB	B	-2.39%
ARE	F	-2.15%
TFC	A	-2.04%
NYMTN	C	-1.94%
KHC	F	-1.87%
UGI	C	-1.87%
BAC	A	-1.86%
REXR	F	-1.73%
EIX	C	-1.65%
SPG	A	-1.65%
JPM	A	-1.57%
MCD	D	-1.55%
VOD	D	-1.52%
FANG	C	-1.46%
ARES	B	-1.45%
KMI	A	-1.28%
DOW	F	-1.28%
O	D	-1.27%
SO	C	-1.26%
HPE	B	-1.23%
BLMN	F	-1.21%
CCI	C	-1.08%
XOM	A	-1.05%
FITB	A	-1.02%
USB	A	-1.01%
MSFT	D	-0.91%
MRK	F	-0.87%
NWN	A	-0.73%
IRM	D	-0.65%
PM	A	-0.63%
RTX	D	-0.62%
MMM	D	-0.57%
HON	A	-0.56%
AMT	D	-0.55%
D	C	-0.5%
CAT	B	-0.36%
VZ	C	-0.36%
MS	A	-0.34%
RRR	F	-0.29%
NEE	C	-0.26%
UNH	B	-0.22%
DUK	C	-0.21%
WMB	A	-0.2%
NEE	C	-0.2%
OKE	A	-0.18%
T	A	-0.18%
GD	D	-0.16%
JNJ	D	-0.09%
KO	D	-0.07%
UZE	A	-0.01%