ANEW vs. ICAP ETF Comparison

Comparison of ProShares MSCI Transformational Changes ETF (ANEW) to InfraCap Equity Income Fund ETF (ICAP)

ANEW

ProShares MSCI Transformational Changes ETF

ANEW Description

The investment seeks investment results, before fees and expenses, that track the performance of the MSCI Global Transformational Changes Index (the index). The fund seeks to invest substantially all of its assets in the securities included in the index. The index selects companies which may benefit from transformational changes in how people work, take care of their health, and consume and connect (Transformational Changes) - changes accelerated by COVID-19.

Grade (RS Rating)

Last Trade

$46.03

Average Daily Volume

285

Number of Holdings ^*

124

* 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

$27.57

Average Daily Volume

7,507

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ANEW	ICAP
30 Days	2.40%	3.42%
60 Days	9.35%	8.80%
90 Days	12.17%	10.34%
12 Months	33.82%	34.75%

7 Overlapping Holdings

Symbol	Grade	Weight in ANEW	Weight in ICAP	Overlap
AMZN	A	1.92%	1.95%	1.92%
AVGO	B	1.62%	2.61%	1.62%
EQIX	C	0.21%	4.25%	0.21%
HPE	B	0.2%	1.19%	0.2%
MRK	F	1.49%	0.92%	0.92%
MSFT	D	1.86%	0.95%	0.95%
ORCL	A	0.56%	2.44%	0.56%

ANEW Overweight 117 Positions Relative to ICAP

Symbol	Grade	Weight
NVDA	A	2.77%
DASH	A	2.56%
ISRG	B	2.37%
META	C	2.33%
AAPL	C	2.28%
ABBV	B	2.18%
NFLX	A	2.14%
BABA	C	2.13%
BKNG	B	2.11%
BSX	B	2.11%
ABT	B	2.08%
CTVA	B	2.02%
DE	B	2.01%
MKC	D	1.98%
IFF	F	1.96%
ADBE	D	1.87%
DHR	D	1.72%
GOOGL	B	1.59%
BDX	C	1.17%
FMC	D	1.04%
SFM	B	1.03%
CNH	B	0.99%
V	A	0.96%
MA	B	0.91%
AGCO	D	0.88%
AMAT	F	0.85%
SE	C	0.72%
EW	D	0.7%
EBAY	D	0.64%
RMD	B	0.62%
CSCO	A	0.62%
EA	B	0.6%
QCOM	C	0.59%
TCOM	B	0.59%
OMC	B	0.58%
TTWO	B	0.57%
ANSS	B	0.52%
DXCM	D	0.47%
SMG	C	0.47%
DKNG	D	0.45%
ZD	D	0.45%
SMPL	B	0.44%
PINS	C	0.41%
AMD	F	0.4%
WST	C	0.39%
SXT	B	0.39%
ILMN	B	0.39%
NEOG	C	0.39%
SNAP	C	0.37%
MRNA	F	0.3%
CRM	B	0.3%
DOCS	B	0.29%
DGX	C	0.29%
MSTR	B	0.28%
RARE	D	0.26%
PRCT	B	0.26%
INSP	C	0.25%
PANW	A	0.25%
NTRA	C	0.24%
HOOD	A	0.24%
QTWO	B	0.24%
NOW	A	0.24%
SMAR	B	0.24%
CCOI	B	0.24%
CHKP	D	0.24%
FFIV	B	0.23%
PYPL	B	0.23%
VRNS	D	0.23%
BOX	B	0.22%
GMED	B	0.22%
CVLT	A	0.22%
DOCU	A	0.21%
CYBR	B	0.21%
NOVT	C	0.21%
NET	B	0.21%
SMTC	B	0.2%
KTOS	B	0.2%
ALTR	C	0.2%
DT	B	0.2%
JNPR	B	0.2%
TECH	C	0.19%
TWST	C	0.19%
HSIC	F	0.19%
DBX	B	0.19%
NTAP	C	0.19%
BLKB	C	0.19%
GEN	B	0.19%
BL	B	0.19%
AKAM	B	0.19%
RIOT	C	0.18%
CRSP	C	0.18%
TMDX	F	0.18%
AI	C	0.18%
PCTY	A	0.18%
QGEN	D	0.18%
GH	C	0.18%
TENB	D	0.17%
IRDM	C	0.17%
COIN	B	0.17%
CRWD	B	0.16%
NTNX	B	0.16%
PCOR	B	0.16%
MARA	C	0.16%
EEFT	C	0.16%
ENOV	D	0.16%
SLAB	D	0.16%
NXPI	D	0.16%
WDAY	C	0.16%
MEDP	D	0.16%
CGNX	B	0.15%
ACHC	F	0.15%
SYNA	F	0.14%
IDYA	F	0.14%
OKTA	D	0.13%
TNDM	F	0.13%
CLSK	C	0.12%
FIVN	C	0.1%

ANEW Underweight 62 Positions Relative to ICAP

Symbol	Grade	Weight
KRC	C	-4.1%
C	B	-4.06%
AES	F	-3.81%
GS	A	-3.74%
MTB	A	-3.72%
CVX	B	-3.31%
BXP	C	-3.3%
MPLX	A	-3.17%
FRT	D	-2.97%
CFG	A	-2.93%
DLR	C	-2.88%
SLMBP	D	-2.81%
AB	A	-2.42%
ARE	D	-2.18%
NYMTN	C	-2.0%
KHC	F	-1.96%
TFC	A	-1.95%
UGI	D	-1.93%
REXR	F	-1.82%
EIX	D	-1.72%
SPG	B	-1.65%
VOD	D	-1.57%
MCD	D	-1.56%
JPM	A	-1.52%
ARES	B	-1.49%
FANG	D	-1.45%
BAC	A	-1.42%
O	D	-1.4%
DOW	F	-1.32%
BLMN	D	-1.25%
KMI	B	-1.23%
CCI	F	-1.14%
MO	B	-1.05%
XOM	B	-1.03%
USB	B	-1.01%
FITB	A	-1.0%
SO	C	-0.84%
NWN	B	-0.74%
IRM	C	-0.72%
PM	C	-0.68%
RTX	D	-0.64%
AMT	F	-0.61%
HON	C	-0.54%
D	C	-0.53%
VZ	D	-0.37%
EPR	D	-0.33%
MMM	C	-0.33%
PAA	C	-0.3%
RRR	C	-0.28%
DUK	D	-0.22%
UNH	B	-0.21%
NEE	D	-0.21%
WMB	A	-0.19%
T	B	-0.18%
OKE	B	-0.17%
GD	B	-0.16%
NEE	D	-0.14%
MS	B	-0.11%
JNJ	D	-0.09%
KO	F	-0.07%
ET	A	-0.03%
UZE	B	-0.01%