ICAP vs. NOBL ETF Comparison

Comparison of InfraCap Equity Income Fund ETF (ICAP) to ProShares S&P 500 Aristocrats ETF (NOBL)

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

$26.97

Average Daily Volume

9,288

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NOBL

ProShares S&P 500 Aristocrats ETF

NOBL Description

The investment seeks investment results before fees and expenses that track the performance of the S&P 500Â® Dividend AristocratsÂ® Index (the "index"). The fund will invest at least 80% of its total assets in component securities (i.e., securities of the index and comparable securities that have economic characteristics that are substantially identical to the economic characteristics of the securities of the index). The index contains a minimum of 40 stocks, which are equally weighted, and no single sector is allowed to comprise more than 30% of the index weight.

Grade (RS Rating)

Last Trade

$105.35

Average Daily Volume

469,424

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ICAP	NOBL
30 Days	3.91%	3.23%
60 Days	3.45%	6.42%
90 Days	9.78%	8.42%
12 Months	21.43%	16.34%

13 Overlapping Holdings

Symbol	Grade	Weight in ICAP	Weight in NOBL	Overlap
CAT	C	0.18%	1.45%	0.18%
CVX	D	2.69%	1.29%	1.29%
EMR	D	0.55%	1.28%	0.55%
FRT	C	3.11%	1.55%	1.55%
GD	B	0.16%	1.51%	0.16%
IBM	B	0.45%	1.65%	0.45%
JNJ	B	0.1%	1.51%	0.1%
KO	B	0.08%	1.55%	0.08%
MCD	C	1.95%	1.65%	1.65%
NEE	B	0.23%	1.59%	0.23%
O	B	1.48%	1.56%	1.48%
PEP	C	0.03%	1.51%	0.03%
PG	C	0.08%	1.48%	0.08%

ICAP Overweight 53 Positions Relative to NOBL

Symbol	Grade	Weight
GS	D	7.49%
C	D	4.86%
EQIX	B	4.29%
AES	C	4.15%
KRC	B	3.64%
AVGO	C	3.41%
MTB	B	3.2%
MPLX	A	3.18%
BXP	B	3.09%
SLMBP	A	2.95%
BAC	D	2.95%
CFG	D	2.88%
DOW	D	2.67%
ORCL	B	2.33%
AB	B	2.28%
ARE	B	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%
AMZN	C	1.95%
UGI	C	1.93%
TFC	D	1.92%
EIX	C	1.79%
VOD	B	1.72%
SPG	B	1.61%
ARES	B	1.3%
CCI	B	1.29%
BLMN	F	1.21%
KMI	A	1.15%
MRK	D	1.04%
D	C	0.99%
MSFT	C	0.92%
T	B	0.77%
NWN	B	0.75%
AMT	C	0.69%
IRM	B	0.68%
UNH	C	0.44%
RTX	C	0.43%
VZ	B	0.41%
UZE	B	0.41%
HPE	D	0.4%
MMM	B	0.36%
EPR	B	0.34%
HON	D	0.18%
MO	C	0.18%
WMB	B	0.17%
OKE	B	0.16%
PM	C	0.09%
SO	B	0.05%
ET	B	0.03%

ICAP Underweight 52 Positions Relative to NOBL

Symbol	Grade	Weight
KVUE	B	-1.82%
CLX	C	-1.78%
CAH	C	-1.67%
AFL	B	-1.64%
ADP	B	-1.62%
WMT	B	-1.62%
SWK	B	-1.62%
MKC	B	-1.61%
MDT	C	-1.61%
CINF	B	-1.61%
SHW	B	-1.61%
CB	B	-1.59%
CL	C	-1.58%
ABBV	C	-1.58%
CHRW	B	-1.58%
CTAS	C	-1.57%
ESS	B	-1.56%
LOW	B	-1.56%
ABT	C	-1.56%
ED	C	-1.55%
AMCR	C	-1.55%
SPGI	B	-1.55%
SYY	D	-1.55%
PNR	B	-1.55%
APD	B	-1.54%
GWW	B	-1.53%
ATO	B	-1.53%
DOV	B	-1.52%
NDSN	C	-1.51%
LIN	B	-1.51%
BRO	C	-1.5%
ROP	C	-1.49%
ITW	B	-1.49%
FAST	C	-1.49%
CHD	C	-1.48%
ECL	B	-1.46%
SJM	C	-1.45%
KMB	D	-1.45%
TGT	C	-1.45%
PPG	C	-1.44%
GPC	D	-1.44%
HRL	C	-1.44%
BDX	F	-1.42%
AOS	C	-1.41%
ALB	F	-1.4%
EXPD	B	-1.4%
XOM	D	-1.39%
ADM	D	-1.36%
WST	D	-1.32%
TROW	D	-1.31%
NUE	F	-1.3%
BEN	F	-1.23%