ICAP vs. FBCV ETF Comparison

Comparison of InfraCap Equity Income Fund ETF (ICAP) to Fidelity Blue Chip Value ETF (FBCV)

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 ^*

* may have additional holdings in another (foreign) market

FBCV

Fidelity Blue Chip Value ETF

FBCV Description

The investment seeks long-term growth of capital. Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.81

Average Daily Volume

11,160

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ICAP	FBCV
30 Days	3.15%	3.52%
60 Days	4.72%	4.01%
90 Days	7.68%	5.93%
12 Months	32.68%	22.34%

18 Overlapping Holdings

Symbol	Grade	Weight in ICAP	Weight in FBCV	Overlap
AES	F	3.2%	0.56%	0.56%
AVGO	D	1.95%	0.14%	0.14%
BAC	A	3.05%	2.36%	2.36%
CCI	D	1.07%	0.76%	0.76%
CSCO	B	0.5%	2.17%	0.5%
EIX	B	1.67%	1.5%	1.5%
JNJ	D	0.08%	1.78%	0.08%
JPM	A	1.61%	3.47%	1.61%
KO	D	0.07%	1.38%	0.07%
MRK	F	0.85%	0.87%	0.85%
MTB	A	3.96%	0.96%	0.96%
NEE	D	0.26%	0.67%	0.26%
NEE	D	0.21%	0.67%	0.21%
SO	D	1.27%	0.38%	0.38%
SPG	B	1.69%	0.45%	0.45%
UNH	C	0.01%	2.81%	0.01%
USB	A	1.03%	0.87%	0.87%
XOM	B	1.05%	4.38%	1.05%

ICAP Overweight 54 Positions Relative to FBCV

Symbol	Grade	Weight
GS	A	4.97%
C	A	4.23%
EQIX	A	4.14%
CVX	A	4.14%
KRC	C	3.91%
AMZN	C	3.87%
MPLX	A	3.27%
CFG	B	3.15%
BXP	D	3.13%
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%
KHC	F	1.82%
REXR	F	1.7%
MCD	D	1.58%
FANG	D	1.48%
ARES	A	1.47%
VOD	F	1.43%
O	D	1.28%
DOW	F	1.17%
FITB	A	1.06%
HON	B	1.01%
KMI	A	1.0%
BLMN	F	0.98%
HPE	B	0.98%
NWN	A	0.74%
CAT	B	0.68%
PM	B	0.65%
IRM	D	0.63%
RTX	C	0.62%
MMM	D	0.58%
MSFT	F	0.55%
AMT	D	0.55%
VZ	C	0.36%
CTDD	C	0.33%
EPR	D	0.31%
PAA	B	0.3%
RRR	D	0.26%
DUK	C	0.21%
OKE	A	0.19%
T	A	0.18%
MO	A	0.07%
ET	A	0.03%
GD	F	0.02%
WMB	A	0.01%
D	C	0.01%
UZE	B	0.01%

ICAP Underweight 67 Positions Relative to FBCV

Symbol	Grade	Weight
CMCSA	B	-2.85%
TRV	B	-2.81%
CI	F	-2.77%
BRK.A	B	-2.65%
PCG	A	-2.45%
DIS	B	-2.37%
CNC	D	-2.14%
BLK	C	-2.06%
DE	A	-2.03%
KVUE	A	-1.98%
AZN	D	-1.83%
CB	C	-1.75%
BMY	B	-1.7%
HRB	D	-1.7%
WFC	A	-1.64%
NOC	D	-1.38%
ELV	F	-1.36%
CTSH	B	-1.35%
GEN	B	-1.35%
PNC	B	-1.33%
CVS	D	-1.27%
PG	A	-1.26%
LMT	D	-1.24%
WTW	B	-1.23%
KDP	D	-1.2%
GILD	C	-1.13%
DOX	D	-1.13%
NGG	D	-1.11%
PNR	A	-1.1%
LOW	D	-1.06%
USFD	A	-1.0%
CF	B	-0.99%
HLN	D	-0.98%
ROST	C	-0.97%
FDX	B	-0.91%
NTRS	A	-0.86%
SRE	A	-0.83%
APO	B	-0.77%
JCI	C	-0.76%
CCEP	C	-0.74%
MDLZ	F	-0.74%
CCK	C	-0.73%
TSN	B	-0.72%
RRX	B	-0.69%
EQNR	D	-0.66%
LHX	C	-0.64%
BJ	A	-0.63%
DEO	F	-0.62%
MMS	F	-0.59%
MU	D	-0.5%
OXY	D	-0.49%
CMI	A	-0.41%
MUSA	A	-0.39%
CHRW	C	-0.38%
G	B	-0.32%
TPR	B	-0.31%
ALSN	B	-0.3%
SNY	F	-0.3%
OVV	B	-0.28%
OTEX	D	-0.28%
GEV	B	-0.26%
BNTX	D	-0.26%
CFR	B	-0.21%
OSK	B	-0.16%
NXPI	D	-0.15%
AR	B	-0.12%
ULTA	F	-0.1%