ICAP vs. FTXO ETF Comparison

Comparison of InfraCap Equity Income Fund ETF (ICAP) to First Trust Nasdaq Bank ETF (FTXO)

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

FTXO

First Trust Nasdaq Bank ETF

FTXO Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq US Smart Banks Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the underlying index. The index is designed to provide exposure to U.S. companies comprising the banking sector that have been selected based upon their liquidity and weighted based upon their cumulative score on three investing factors: volatility, value and growth. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.83

Average Daily Volume

46,050

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ICAP	FTXO
30 Days	3.15%	13.90%
60 Days	4.72%	19.71%
90 Days	7.68%	19.45%
12 Months	32.68%	64.59%

7 Overlapping Holdings

Symbol	Grade	Weight in ICAP	Weight in FTXO	Overlap
BAC	A	3.05%	7.89%	3.05%
C	A	4.23%	7.61%	4.23%
CFG	B	3.15%	3.74%	3.15%
FITB	A	1.06%	3.48%	1.06%
JPM	A	1.61%	7.48%	1.61%
MTB	A	3.96%	4.33%	3.96%
USB	A	1.03%	7.5%	1.03%

ICAP Overweight 65 Positions Relative to FTXO

Symbol	Grade	Weight
GS	A	4.97%
EQIX	A	4.14%
CVX	A	4.14%
KRC	C	3.91%
AMZN	C	3.87%
MPLX	A	3.27%
AES	F	3.2%
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%
AVGO	D	1.95%
UGI	A	1.83%
KHC	F	1.82%
REXR	F	1.7%
SPG	B	1.69%
EIX	B	1.67%
MCD	D	1.58%
FANG	D	1.48%
ARES	A	1.47%
VOD	F	1.43%
O	D	1.28%
SO	D	1.27%
DOW	F	1.17%
CCI	D	1.07%
XOM	B	1.05%
HON	B	1.01%
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%
MSFT	F	0.55%
AMT	D	0.55%
CSCO	B	0.5%
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 43 Positions Relative to FTXO

Symbol	Grade	Weight
WFC	A	-8.79%
FCNCA	A	-3.89%
PNC	B	-3.85%
HBAN	A	-3.72%
RF	A	-3.32%
KEY	B	-2.54%
WBS	A	-1.98%
FHN	A	-1.91%
EWBC	A	-1.64%
PB	A	-1.48%
PNFP	B	-1.33%
WAL	B	-1.19%
WTFC	A	-1.13%
ZION	B	-1.13%
COLB	A	-1.12%
SSB	B	-1.12%
ONB	B	-1.06%
BOKF	B	-1.05%
SNV	B	-1.03%
OZK	B	-0.99%
UBSI	B	-0.95%
BPOP	B	-0.91%
CFR	B	-0.82%
HOMB	A	-0.78%
HWC	B	-0.76%
ABCB	B	-0.71%
UMBF	B	-0.68%
CBSH	A	-0.61%
CATY	B	-0.59%
BKU	A	-0.52%
FULT	A	-0.52%
BANF	B	-0.51%
SFBS	B	-0.51%
IBOC	A	-0.51%
AX	A	-0.51%
WSFS	A	-0.49%
CBU	B	-0.49%
FFIN	B	-0.49%
PRK	B	-0.48%
FFBC	A	-0.48%
TBBK	B	-0.47%
FBP	B	-0.43%
WAFD	B	-0.43%