ICAP vs. MODL ETF Comparison

Comparison of InfraCap Equity Income Fund ETF (ICAP) to VictoryShares WestEnd U.S. Sector ETF (MODL)

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

MODL

VictoryShares WestEnd U.S. Sector ETF

MODL Description

VictoryShares WestEnd U.S. Sector ETF is an exchange traded fund launched and managed by Victory Capital Management Inc. The fund is co-managed by WestEnd Advisors, LLC. It invests in public equity markets of the United States. It invests through other funds in stocks of companies operating across consumer discretionary, consumer staples, health care, financials, information technology, real estate, communication services, and utilities sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental analysis with top-down stock picking approach to create its portfolio. VictoryShares WestEnd U.S. Sector ETF was formed on October 11, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$40.73

Average Daily Volume

26,985

Number of Holdings ^*

316

* may have additional holdings in another (foreign) market

Performance

Period	ICAP	MODL
30 Days	3.15%	2.91%
60 Days	4.72%	4.12%
90 Days	7.68%	5.95%
12 Months	32.68%	30.78%

27 Overlapping Holdings

Symbol	Grade	Weight in ICAP	Weight in MODL	Overlap
AMZN	C	3.87%	3.64%	3.64%
ARES	A	1.47%	0.18%	0.18%
AVGO	D	1.95%	1.06%	1.06%
BAC	A	3.05%	1.02%	1.02%
C	A	4.23%	0.37%	0.37%
CFG	B	3.15%	0.06%	0.06%
CSCO	B	0.5%	0.31%	0.31%
FITB	A	1.06%	0.09%	0.09%
GS	A	4.97%	1.05%	1.05%
HPE	B	0.98%	0.04%	0.04%
JNJ	D	0.08%	1.33%	0.08%
JPM	A	1.61%	1.89%	1.61%
KHC	F	1.82%	0.13%	0.13%
KO	D	0.07%	0.92%	0.07%
MCD	D	1.58%	0.4%	0.4%
MO	A	0.07%	0.33%	0.07%
MRK	F	0.85%	0.88%	0.85%
MS	A	1.98%	0.94%	0.94%
MSFT	F	0.55%	5.77%	0.55%
MTB	A	3.96%	0.1%	0.1%
ORCL	B	3.02%	0.53%	0.53%
PM	B	0.65%	0.66%	0.65%
T	A	0.18%	0.34%	0.18%
TFC	A	2.05%	0.17%	0.17%
UNH	C	0.01%	1.99%	0.01%
USB	A	1.03%	0.22%	0.22%
VZ	C	0.36%	0.37%	0.36%

ICAP Overweight 45 Positions Relative to MODL

Symbol	Grade	Weight
EQIX	A	4.14%
CVX	A	4.14%
KRC	C	3.91%
MPLX	A	3.27%
AES	F	3.2%
BXP	D	3.13%
FRT	B	2.91%
SLMBP	C	2.79%
DLR	B	2.77%
AB	C	2.37%
ARE	D	2.06%
NYMTN	D	1.95%
UGI	A	1.83%
REXR	F	1.7%
SPG	B	1.69%
EIX	B	1.67%
FANG	D	1.48%
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%
NWN	A	0.74%
CAT	B	0.68%
IRM	D	0.63%
RTX	C	0.62%
MMM	D	0.58%
AMT	D	0.55%
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%
ET	A	0.03%
GD	F	0.02%
WMB	A	0.01%
D	C	0.01%
UZE	B	0.01%

ICAP Underweight 289 Positions Relative to MODL

Symbol	Grade	Weight
AAPL	C	-4.85%
NVDA	C	-4.61%
META	D	-2.64%
LLY	F	-2.3%
GOOGL	C	-2.21%
GOOG	C	-1.97%
TSLA	B	-1.86%
BRK.A	B	-1.72%
COST	B	-1.6%
PG	A	-1.54%
V	A	-1.47%
WMT	A	-1.32%
MA	C	-1.21%
ABBV	D	-1.05%
SPGI	C	-0.93%
BLK	C	-0.9%
HD	A	-0.8%
NFLX	A	-0.77%
BX	A	-0.76%
PEP	F	-0.76%
SCHW	B	-0.76%
ABT	B	-0.72%
TMO	F	-0.69%
ISRG	A	-0.69%
WFC	A	-0.69%
BRK.A	B	-0.65%
KKR	A	-0.59%
AXP	A	-0.56%
CRM	B	-0.54%
AMGN	D	-0.54%
DHR	F	-0.54%
ICE	C	-0.52%
PFE	D	-0.51%
SYK	C	-0.5%
MCO	B	-0.5%
CME	A	-0.48%
BSX	B	-0.48%
VRTX	F	-0.44%
DIS	B	-0.43%
ADBE	C	-0.42%
GILD	C	-0.42%
PGR	A	-0.42%
BMY	B	-0.41%
MDT	D	-0.4%
COIN	C	-0.37%
NOW	A	-0.37%
INTU	C	-0.35%
FI	A	-0.34%
CMCSA	B	-0.34%
CB	C	-0.33%
ELV	F	-0.33%
BK	A	-0.33%
BKNG	A	-0.32%
AMD	F	-0.32%
MCK	B	-0.32%
CI	F	-0.32%
ACN	C	-0.31%
AMP	A	-0.31%
MMC	B	-0.31%
REGN	F	-0.3%
LOW	D	-0.3%
ZTS	D	-0.29%
CL	D	-0.28%
MDLZ	F	-0.27%
TGT	F	-0.27%
TJX	A	-0.26%
TXN	C	-0.26%
IBM	C	-0.26%
MSCI	C	-0.26%
QCOM	F	-0.25%
CVS	D	-0.24%
TMUS	B	-0.24%
PYPL	B	-0.24%
AON	A	-0.23%
PNC	B	-0.23%
HCA	F	-0.23%
PANW	C	-0.22%
BDX	F	-0.22%
SBUX	A	-0.21%
AMAT	F	-0.2%
COF	B	-0.19%
PLTR	B	-0.19%
AJG	B	-0.18%
APO	B	-0.18%
TRV	B	-0.17%
NKE	D	-0.17%
RJF	A	-0.17%
KMB	D	-0.17%
CRWD	B	-0.16%
AFL	B	-0.16%
STT	A	-0.16%
KVUE	A	-0.16%
TROW	B	-0.15%
EW	C	-0.15%
MU	D	-0.15%
ALL	A	-0.15%
CDNS	B	-0.15%
INTC	D	-0.15%
NDAQ	A	-0.15%
COR	B	-0.15%
CMG	B	-0.15%
SNPS	B	-0.15%
MET	A	-0.14%
FIS	C	-0.14%
SQ	B	-0.14%
AIG	B	-0.14%
KR	B	-0.14%
ADI	D	-0.14%
MNST	C	-0.14%
STZ	D	-0.14%
IDXX	F	-0.13%
HLT	A	-0.13%
PRU	A	-0.13%
RMD	C	-0.13%
MAR	B	-0.13%
LRCX	F	-0.13%
GEHC	F	-0.13%
SYY	B	-0.13%
ORLY	B	-0.13%
ANET	C	-0.13%
A	D	-0.13%
LPLA	A	-0.13%
MSTR	C	-0.12%
KLAC	D	-0.12%
VEEV	C	-0.12%
HUM	C	-0.12%
APH	A	-0.12%
DFS	B	-0.12%
GIS	D	-0.12%
GM	B	-0.12%
IQV	D	-0.12%
APP	B	-0.12%
NTRS	A	-0.12%
CBOE	B	-0.12%
ALNY	D	-0.11%
FDS	B	-0.11%
CAH	B	-0.11%
MRVL	B	-0.11%
DXCM	D	-0.11%
ROP	B	-0.11%
CNC	D	-0.11%
KDP	D	-0.11%
ABNB	C	-0.11%
MSI	B	-0.11%
ADSK	A	-0.11%
TTD	B	-0.11%
FICO	B	-0.1%
HIG	B	-0.1%
ACGL	D	-0.1%
ADM	D	-0.1%
WDAY	B	-0.1%
DASH	A	-0.1%
AZO	C	-0.1%
RCL	A	-0.1%
FTNT	C	-0.1%
CHD	B	-0.1%
HSY	F	-0.09%
DHI	D	-0.09%
MTD	D	-0.09%
ROST	C	-0.09%
WTW	B	-0.09%
CHTR	C	-0.08%
WAT	B	-0.08%
ILMN	D	-0.08%
LEN	D	-0.08%
WST	C	-0.08%
CLX	B	-0.08%
GPN	B	-0.08%
F	C	-0.08%
BIIB	F	-0.08%
ZBH	C	-0.08%
EA	A	-0.08%
K	A	-0.08%
CINF	A	-0.07%
DGX	A	-0.07%
HUBS	A	-0.07%
RF	A	-0.07%
PODD	C	-0.07%
TTWO	A	-0.07%
DDOG	A	-0.07%
SYF	B	-0.07%
CPAY	A	-0.07%
DG	F	-0.07%
HBAN	A	-0.07%
STE	F	-0.07%
LH	C	-0.07%
YUM	B	-0.07%
BRO	B	-0.07%
DLTR	F	-0.06%
SNOW	C	-0.06%
PFG	D	-0.06%
ANSS	B	-0.06%
TSCO	D	-0.06%
ALGN	D	-0.06%
LW	C	-0.06%
EBAY	D	-0.06%
BAX	D	-0.06%
FCNCA	A	-0.06%
MKL	A	-0.06%
TSN	B	-0.06%
GRMN	B	-0.06%
EL	F	-0.06%
MOH	F	-0.06%
VTRS	A	-0.06%
TEAM	A	-0.06%
LULU	C	-0.06%
MKC	D	-0.06%
HOLX	D	-0.06%
TYL	B	-0.05%
CCL	B	-0.05%
MCHP	D	-0.05%
MRNA	F	-0.05%
AVTR	F	-0.05%
RVTY	F	-0.05%
GLW	B	-0.05%
WBD	C	-0.05%
HPQ	B	-0.05%
WRB	A	-0.05%
NVR	D	-0.05%
PHM	D	-0.05%
DELL	C	-0.05%
DECK	A	-0.05%
CTSH	B	-0.05%
INCY	C	-0.05%
IT	C	-0.05%
RBLX	C	-0.05%
JKHY	D	-0.04%
BEN	C	-0.04%
RPRX	D	-0.04%
GDDY	A	-0.04%
KEYS	A	-0.04%
DRI	B	-0.04%
LVS	C	-0.04%
PINS	D	-0.04%
MPWR	F	-0.04%
DKNG	B	-0.04%
ON	D	-0.04%
PTC	A	-0.04%
NET	B	-0.04%
OMC	C	-0.04%
LYV	A	-0.04%
BMRN	D	-0.04%
EXPE	B	-0.04%
L	A	-0.04%
POOL	C	-0.03%
DT	C	-0.03%
ZBRA	B	-0.03%
APTV	D	-0.03%
FSLR	F	-0.03%
STX	D	-0.03%
MDB	C	-0.03%
HRL	D	-0.03%
TDY	B	-0.03%
DPZ	C	-0.03%
WDC	D	-0.03%
WSM	B	-0.03%
ULTA	F	-0.03%
CDW	F	-0.03%
GPC	D	-0.03%
NTAP	C	-0.03%
BBY	D	-0.03%
EG	C	-0.03%
ZS	C	-0.03%
ZM	B	-0.03%
OKTA	C	-0.02%
SMCI	F	-0.02%
MGM	D	-0.02%
AKAM	D	-0.02%
CELH	F	-0.02%
SWKS	F	-0.02%
JBL	B	-0.02%
CRBG	B	-0.02%
FOXA	B	-0.02%
PSTG	D	-0.02%
ENTG	D	-0.02%
IPG	D	-0.02%
GEN	B	-0.02%
WBA	F	-0.02%
TRMB	B	-0.02%
TER	D	-0.02%
VRSN	F	-0.02%
SNAP	C	-0.02%
MANH	D	-0.01%
NTNX	A	-0.01%
ENPH	F	-0.01%
FOX	A	-0.01%
BSY	D	-0.01%
LEN	D	-0.0%
IOT	A	-0.0%