ICAP vs. FXO ETF Comparison

Comparison of InfraCap Equity Income Fund ETF (ICAP) to First Trust Financials AlphaDEX (FXO)

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

$24.32

Average Daily Volume

9,194

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXO

First Trust Financials AlphaDEX

FXO 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 StrataQuant(R) Financials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$46.01

Average Daily Volume

77,283

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	ICAP	FXO
30 Days	-1.17%	-1.29%
60 Days	2.02%	3.05%
90 Days	3.32%	6.30%
12 Months	16.48%	41.45%

6 Overlapping Holdings

Symbol	Grade	Weight in ICAP	Weight in FXO	Overlap
BAC	B	2.89%	0.97%	0.97%
C	A	2.76%	1.36%	1.36%
CFG	A	0.63%	0.96%	0.63%
GS	A	6.2%	0.72%	0.72%
JPM	B	5.26%	0.67%	0.67%
MS	A	6.02%	0.32%	0.32%

ICAP Overweight 59 Positions Relative to FXO

Symbol	Grade	Weight
PM	A	4.63%
BXP	F	3.71%
CVX	B	3.37%
MPLX	A	3.34%
DOW	C	3.32%
SLMBP	B	3.22%
SO	A	3.04%
ET	A	2.94%
AQNU	B	2.82%
JNJ	F	2.78%
AB	B	2.42%
UGIC	C	2.39%
KHC	B	2.37%
MO	A	2.33%
KRC	D	2.32%
NYMTN	D	2.08%
AVGO	D	2.07%
BLMN	F	2.07%
REXR	D	1.97%
NFE	F	1.79%
DUK	A	1.68%
EIX	A	1.65%
VOD	D	1.58%
FRT	B	1.57%
KMI	A	1.52%
O	B	1.4%
ADC	B	1.34%
T	C	1.33%
UZE	C	1.27%
MCD	F	1.19%
PEP	B	1.19%
CCI	D	1.13%
SPG	D	1.1%
IP	D	1.1%
D	A	0.97%
ARE	D	0.91%
GNL	D	0.88%
NWN	B	0.79%
AES	B	0.72%
PG	A	0.72%
IBM	D	0.71%
EMR	D	0.63%
GLPI	F	0.59%
AMT	D	0.57%
VZ	D	0.55%
KO	A	0.51%
IRM	D	0.5%
AXP	B	0.47%
SBUX	F	0.44%
HON	C	0.38%
EQIX	F	0.37%
AMGN	A	0.28%
DLR	B	0.27%
STLA	D	0.27%
CSCO	F	0.25%
MRK	B	0.25%
EPR	D	0.08%
UNH	C	0.04%
WMB	B	0.01%

ICAP Underweight 95 Positions Relative to FXO

Symbol	Grade	Weight
ACGL	A	-1.81%
PGR	B	-1.79%
FCNCA	B	-1.79%
WTM	A	-1.78%
OZK	B	-1.75%
OWL	C	-1.73%
SLM	A	-1.71%
UNM	A	-1.69%
APO	D	-1.68%
AMG	C	-1.66%
JHG	B	-1.66%
BRK.A	D	-1.66%
CINF	D	-1.65%
KKR	D	-1.65%
RNR	D	-1.63%
EG	D	-1.63%
MTG	C	-1.61%
NU	C	-1.6%
TROW	D	-1.58%
AGO	D	-1.55%
MTB	A	-1.41%
COLB	C	-1.41%
OMF	A	-1.39%
FHN	A	-1.37%
HBAN	A	-1.37%
AIG	A	-1.36%
MKL	A	-1.36%
L	A	-1.36%
FNB	A	-1.35%
ALLY	A	-1.33%
AMP	B	-1.32%
RYAN	D	-1.32%
BRO	C	-1.32%
STT	C	-1.32%
CMA	B	-1.3%
WBS	D	-1.22%
BEN	F	-1.13%
VIRT	A	-1.07%
EQH	A	-1.02%
KNSL	F	-1.01%
LPLA	A	-1.0%
ARES	C	-0.99%
BK	A	-0.98%
BOKF	A	-0.98%
FHB	A	-0.98%
AFL	B	-0.98%
EWBC	A	-0.96%
ZION	A	-0.96%
CB	C	-0.96%
WTFC	A	-0.94%
HIG	D	-0.94%
RF	B	-0.93%
WAL	C	-0.92%
SEIC	C	-0.92%
PNFP	C	-0.91%
LNC	D	-0.87%
PRI	D	-0.85%
WFC	B	-0.72%
FITB	A	-0.7%
TPG	C	-0.69%
ORI	A	-0.69%
BPOP	A	-0.69%
RGA	A	-0.69%
PB	B	-0.67%
AXS	B	-0.67%
PNC	A	-0.67%
WTW	D	-0.65%
MORN	C	-0.65%
NTRS	C	-0.65%
SNV	C	-0.64%
USB	C	-0.64%
UWMC	C	-0.62%
FAF	F	-0.61%
RKT	C	-0.59%
GL	F	-0.48%
CBSH	A	-0.35%
SF	A	-0.34%
CBOE	D	-0.33%
JEF	B	-0.33%
TW	B	-0.33%
RJF	A	-0.32%
VOYA	C	-0.32%
AJG	C	-0.32%
PRU	C	-0.32%
TRV	C	-0.31%
AIZ	C	-0.31%
KEY	C	-0.31%
CRBG	A	-0.31%
CFR	C	-0.31%
STWD	C	-0.31%
AFG	D	-0.31%
FNF	A	-0.31%
BLK	D	-0.3%
WRB	D	-0.29%
XP	D	-0.27%