ICAP vs. NDOW ETF Comparison

Comparison of InfraCap Equity Income Fund ETF (ICAP) to Anydrus Advantage ETF (NDOW)

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

NDOW

Anydrus Advantage ETF

NDOW Description

The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a combination of equity securities, fixed income securities and ETFs representing a broad range of asset classes. The fund seeks to provide attractive risk adjusted returns over market cycles by investing in a broadly diversified portfolio. In doing so, the fund seeks to provide investors with 1) reduced correlation to U.S. only stock and bond market movements, and 2) multiple alternative return sources that are independent from traditional U.S. stock and bond markets.

Grade (RS Rating)

Last Trade

$25.11

Average Daily Volume

2,618

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ICAP	NDOW
30 Days	3.15%	-0.08%
60 Days	4.72%	-0.93%
90 Days	7.68%	-0.09%
12 Months	32.68%

3 Overlapping Holdings

Symbol	Grade	Weight in ICAP	Weight in NDOW	Overlap
JPM	A	1.61%	1.01%	1.01%
NEE	D	0.26%	0.88%	0.26%
NEE	D	0.21%	0.88%	0.21%

ICAP Overweight 69 Positions Relative to NDOW

Symbol	Grade	Weight
GS	A	4.97%
C	A	4.23%
EQIX	A	4.14%
CVX	A	4.14%
MTB	A	3.96%
KRC	C	3.91%
AMZN	C	3.87%
MPLX	A	3.27%
AES	F	3.2%
CFG	B	3.15%
BXP	D	3.13%
BAC	A	3.05%
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%
FITB	A	1.06%
XOM	B	1.05%
USB	A	1.03%
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%
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 52 Positions Relative to NDOW

Symbol	Grade	Weight
IBTH	D	-8.43%
VGIT	D	-8.3%
XEMD	C	-6.17%
FLIA	B	-6.08%
SCHI	C	-4.91%
BSJS	A	-4.54%
SPMO	B	-4.33%
BKLC	A	-4.32%
SCHD	A	-4.25%
IDMO	C	-3.81%
VGLT	F	-3.74%
MGK	B	-3.0%
GLTR	C	-2.7%
FMF	C	-2.05%
FLSP	C	-2.04%
MNA	C	-2.03%
BTAL	F	-2.03%
SRE	A	-1.05%
ETN	A	-1.01%
BCC	B	-0.86%
FCX	D	-0.8%
NXPI	D	-0.79%
BNTX	D	-0.62%
FINV	B	-0.61%
ESEA	D	-0.61%
NICE	C	-0.6%
OGN	D	-0.59%
VRTX	F	-0.57%
MPWR	F	-0.56%
NTES	D	-0.55%
BABA	D	-0.54%
YY	C	-0.52%
ABBV	D	-0.5%
BIDU	F	-0.5%
INFY	B	-0.48%
PBR	C	-0.46%
E	F	-0.45%
MTLS	B	-0.43%
LNTH	D	-0.42%
LNG	B	-0.42%
TCMD	A	-0.41%
CHE	D	-0.41%
ACMR	F	-0.41%
LRN	A	-0.41%
BLD	D	-0.4%
INTC	D	-0.4%
NBIX	C	-0.4%
CROX	D	-0.4%
AMAT	F	-0.38%
REGN	F	-0.38%
ROCK	C	-0.38%
QCOM	F	-0.37%