ICAP vs. KCE ETF Comparison

Comparison of InfraCap Equity Income Fund ETF (ICAP) to SPDR S&P Capital Markets ETF (KCE)

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

$27.20

Average Daily Volume

8,851

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KCE

SPDR S&P Capital Markets ETF

KCE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies that do business as broker-dealers, asset managers, trust and custody banks or exchanges. In seeking to track the performance of the S&P Capital Markets Select Industry Index, the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the capital markets industry group of the S&P Total Market Index ("S&P TMI"). It is non-diversified.

Grade (RS Rating)

Last Trade

$126.01

Average Daily Volume

35,933

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ICAP	KCE
30 Days	5.15%	6.84%
60 Days	4.34%	7.51%
90 Days	11.48%	15.72%
12 Months	22.52%	43.57%

2 Overlapping Holdings

	Symbol	Grade	Weight in ICAP	Weight in KCE	Overlap
	ARES	B	1.3%	1.7%	1.3%
	GS	C	7.49%	1.68%	1.68%

ICAP Overweight 64 Positions Relative to KCE

Symbol	Grade	Weight
C	C	4.86%
EQIX	C	4.29%
AES	C	4.15%
KRC	B	3.64%
AVGO	C	3.41%
MTB	B	3.2%
MPLX	B	3.18%
FRT	C	3.11%
BXP	B	3.09%
SLMBP	B	2.95%
BAC	D	2.95%
CFG	C	2.88%
CVX	D	2.69%
DOW	D	2.67%
ORCL	C	2.33%
AB	B	2.28%
ARE	C	2.19%
JPM	D	2.11%
REXR	C	2.11%
KHC	C	2.1%
NYMTN	A	2.02%
DLR	B	2.01%
DUK	C	1.99%
MCD	B	1.95%
AMZN	C	1.95%
UGI	C	1.93%
TFC	C	1.92%
EIX	C	1.79%
VOD	C	1.72%
SPG	B	1.61%
O	C	1.48%
CCI	C	1.29%
BLMN	F	1.21%
KMI	B	1.15%
MRK	D	1.04%
D	C	0.99%
MSFT	C	0.92%
T	C	0.77%
NWN	C	0.75%
AMT	C	0.69%
IRM	C	0.68%
EMR	D	0.55%
IBM	B	0.45%
UNH	C	0.44%
RTX	C	0.43%
VZ	B	0.41%
UZE	C	0.41%
HPE	D	0.4%
MMM	B	0.36%
EPR	B	0.34%
NEE	C	0.23%
HON	D	0.18%
CAT	B	0.18%
MO	C	0.18%
WMB	B	0.17%
GD	B	0.16%
OKE	B	0.16%
JNJ	C	0.1%
PM	C	0.09%
KO	C	0.08%
PG	C	0.08%
SO	B	0.05%
ET	B	0.03%
PEP	C	0.03%

ICAP Underweight 57 Positions Relative to KCE

Symbol	Grade	Weight
VIRT	C	-2.09%
JEF	B	-2.04%
MKTX	C	-2.03%
HLNE	B	-2.02%
CBOE	C	-2.01%
CNS	B	-2.01%
TPG	B	-2.0%
PIPR	B	-1.99%
NDAQ	A	-1.96%
STEP	B	-1.92%
MC	B	-1.9%
SPGI	B	-1.89%
ICE	C	-1.88%
BX	B	-1.88%
BK	B	-1.87%
HLI	B	-1.87%
EVR	A	-1.87%
MSCI	C	-1.86%
PJT	B	-1.86%
MCO	B	-1.86%
STT	A	-1.85%
BGC	B	-1.85%
BLK	B	-1.81%
CME	C	-1.77%
AMG	C	-1.77%
TW	B	-1.75%
IVZ	B	-1.73%
FDS	C	-1.73%
KKR	B	-1.72%
MORN	C	-1.71%
JHG	B	-1.71%
FHI	A	-1.71%
NTRS	A	-1.7%
SF	A	-1.68%
VCTR	B	-1.67%
SEIC	C	-1.64%
AMP	A	-1.64%
IBKR	B	-1.63%
MS	D	-1.62%
RJF	C	-1.6%
APAM	C	-1.6%
OWL	C	-1.58%
CG	D	-1.54%
DFIN	B	-1.54%
HOOD	C	-1.47%
TROW	D	-1.44%
BEN	F	-1.42%
SCHW	D	-1.38%
VRTS	F	-1.28%
SNEX	B	-1.25%
LPLA	D	-1.2%
COIN	F	-1.02%
PX	C	-0.91%
BSIG	B	-0.63%
DHIL	C	-0.34%
LPRO	D	-0.32%
RILY	F	-0.24%