ICAP vs. QQQI ETF Comparison

Comparison of InfraCap Equity Income Fund ETF (ICAP) to NEOS Nasdaq 100 High Income ETF (QQQI)

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

$28.09

Average Daily Volume

7,908

Number of Holdings ^*

72

* may have additional holdings in another (foreign) market

QQQI

NEOS Nasdaq 100 High Income ETF

QQQI Description

The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in a portfolio of stocks that make up the Nasdaq-100® Index and a call options strategy, that consists of written (sold) call options on the Nasdaq-100® Index. Under normal circumstances, at least 80% of the fund"s net assets, plus borrowings for investment purposes, will be invested in securities, or derivative instruments linked to securities, of companies that are included in the reference index.

Grade (RS Rating)

Last Trade

$52.08

Average Daily Volume

231,302

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	ICAP	QQQI
30 Days	3.15%	3.32%
60 Days	4.72%	4.75%
90 Days	7.68%	6.05%
12 Months	32.68%

7 Overlapping Holdings

	Symbol	Grade	Weight in ICAP	Weight in QQQI	Overlap
	AMZN	C	3.87%	5.13%	3.87%
	AVGO	D	1.95%	4.85%	1.95%
	CSCO	B	0.5%	1.51%	0.5%
	FANG	D	1.48%	0.19%	0.19%
	HON	B	1.01%	0.98%	0.98%
	KHC	F	1.82%	0.27%	0.27%
	MSFT	F	0.55%	7.71%	0.55%

ICAP Overweight 65 Positions Relative to QQQI

	Symbol	Grade	Weight
	GS	A	4.97%
	C	A	4.23%
	EQIX	A	4.14%
	CVX	A	4.14%
	MTB	A	3.96%
	KRC	C	3.91%
	MPLX	A	3.27%
	AES	F	3.2%
	CFG	B	3.15%
	BXP	D	3.13%
	BAC	A	3.05%
	ORCL	B	3.02%
	FRT	B	2.91%
	SLMBP	C	2.79%
	DLR	B	2.77%
	AB	C	2.37%
	ARE	D	2.06%
	TFC	A	2.05%
	MS	A	1.98%
	NYMTN	D	1.95%
	UGI	A	1.83%
	REXR	F	1.7%
	SPG	B	1.69%
	EIX	B	1.67%
	JPM	A	1.61%
	MCD	D	1.58%
	ARES	A	1.47%
	VOD	F	1.43%
	O	D	1.28%
	SO	D	1.27%
	DOW	F	1.17%
	CCI	D	1.07%
	FITB	A	1.06%
	XOM	B	1.05%
	USB	A	1.03%
	KMI	A	1.0%
	BLMN	F	0.98%
	HPE	B	0.98%
	MRK	F	0.85%
	NWN	A	0.74%
	CAT	B	0.68%
	PM	B	0.65%
	IRM	D	0.63%
	RTX	C	0.62%
	MMM	D	0.58%
	AMT	D	0.55%
	VZ	C	0.36%
	CTDD	C	0.33%
	EPR	D	0.31%
	PAA	B	0.3%
	RRR	D	0.26%
	NEE	D	0.26%
	NEE	D	0.21%
	DUK	C	0.21%
	OKE	A	0.19%
	T	A	0.18%
	JNJ	D	0.08%
	MO	A	0.07%
	KO	D	0.07%
	ET	A	0.03%
	GD	F	0.02%
	WMB	A	0.01%
	D	C	0.01%
	UZE	B	0.01%
	UNH	C	0.01%

ICAP Underweight 94 Positions Relative to QQQI

	Symbol	Grade	Weight
	NVDA	C	-8.91%
	AAPL	C	-8.58%
	META	D	-5.03%
	TSLA	B	-3.68%
	COST	B	-2.71%
	GOOGL	C	-2.6%
	GOOG	C	-2.51%
	NFLX	A	-2.3%
	TMUS	B	-1.9%
	ADBE	C	-1.56%
	PEP	F	-1.54%
	AMD	F	-1.41%
	LIN	D	-1.33%
	ISRG	A	-1.28%
	TXN	C	-1.27%
	INTU	C	-1.27%
	QCOM	F	-1.15%
	CMCSA	B	-1.07%
	AMGN	D	-1.04%
	AMAT	F	-1.04%
	PANW	C	-0.86%
	ADP	B	-0.83%
	VRTX	F	-0.79%
	GILD	C	-0.79%
	SBUX	A	-0.79%
	INTC	D	-0.73%
	MU	D	-0.7%
	ADI	D	-0.7%
	PYPL	B	-0.62%
	MDLZ	F	-0.61%
	LRCX	F	-0.6%
	BKNG	A	-0.6%
	MRVL	B	-0.56%
	KLAC	D	-0.56%
	MAR	B	-0.56%
	CDNS	B	-0.55%
	REGN	F	-0.54%
	PDD	F	-0.52%
	FTNT	C	-0.49%
	CEG	D	-0.49%
	CRWD	B	-0.49%
	CSX	B	-0.48%
	SNPS	B	-0.48%
	CTAS	B	-0.46%
	DASH	A	-0.45%
	ADSK	A	-0.44%
	PCAR	B	-0.42%
	MNST	C	-0.4%
	ROP	B	-0.39%
	WDAY	B	-0.39%
	TTD	B	-0.39%
	ORLY	B	-0.38%
	CPRT	A	-0.38%
	ABNB	C	-0.37%
	NXPI	D	-0.36%
	PAYX	C	-0.35%
	ROST	C	-0.34%
	CHTR	C	-0.34%
	ASML	F	-0.34%
	AEP	D	-0.33%
	FAST	B	-0.33%
	KDP	D	-0.32%
	ODFL	B	-0.32%
	BKR	B	-0.3%
	EA	A	-0.3%
	CTSH	B	-0.28%
	GEHC	F	-0.26%
	EXC	C	-0.26%
	DDOG	A	-0.26%
	TEAM	A	-0.26%
	VRSK	A	-0.25%
	AZN	D	-0.25%
	XEL	A	-0.25%
	MCHP	D	-0.24%
	LULU	C	-0.23%
	MELI	D	-0.23%
	CCEP	C	-0.23%
	CSGP	D	-0.21%
	IDXX	F	-0.21%
	ON	D	-0.2%
	DXCM	D	-0.19%
	TTWO	A	-0.19%
	ZS	C	-0.18%
	GFS	C	-0.17%
	WBD	C	-0.17%
	ANSS	B	-0.17%
	CDW	F	-0.16%
	ILMN	D	-0.15%
	BIIB	F	-0.14%
	MRNA	F	-0.1%
	MDB	C	-0.09%
	DLTR	F	-0.09%
	ARM	D	-0.06%
	SMCI	F	-0.01%

ICAP: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Banks - Regional - US REIT - Office REIT - Retail Telecom Services Utilities - Regulated Electric Banks - Global Aerospace & Defense Asset Management Capital Markets Communication Equipment Diversified Industrials Drug Manufacturers - Major Oil & Gas Integrated REIT - Diversified Restaurants Software - Infrastructure Tobacco Utilities - Diversified Utilities - Regulated Gas

Keywords: S&P 500 Dow Jones Component Natural Gas Real Estate Investment Trust Bank Banking Cash Management Nasdaq 100 Telecommunications Crude Oil Electricity Natural Gas Storage Work From Home Commercial Banking Financial Products Gas Transmission Internet Access Investment Bank Natural Gas Liquids Broadband

QQQI: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Beverages - Soft Drinks Business Services Drug Manufacturers - Major Semiconductor Equipment & Materials Specialty Retail Biotechnology Diagnostics & Research Internet Content & Information Software - Infrastructure Apparel Stores Discount Stores Diversified Industrials Electronic Gaming & Multimedia Information Technology Services Internet Content & Information Pay TV Utilities - Regulated Electric Auto & Truck Dealerships

Keywords: Nasdaq 100 S&P 500 Computing Integrated Circuits Semiconductor Mobile Devices Work From Home Smartphones Dow Jones Component Software Cloud Computing Electronics Fabless Semiconductor Companies Electronic Design Medicine Natural Gas Power Management Cloud Infrastructure Electricity Ethernet