ICAP vs. PGX ETF Comparison

Comparison of InfraCap Equity Income Fund ETF (ICAP) to PowerShares Preferred Portfolio (PGX)

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

$27.74

Average Daily Volume

7,899

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PGX

PowerShares Preferred Portfolio

PGX Description

The PowerShares Preferred Portfolio is based on The BofA Merrill Lynch Core Plus Fixed Rate Preferred Securities Index. The Fund will normally invest at least 80% of its total assets in fixed rate US dollar-denominated preferred securities that comprise the Index. The Index tracks the performance of fixed rate US dollar-denominated preferred securities issued in the US domestic market. (Securities must be rated at least B3, based on an average of three leading ratings agencies: Moodyâs, S&P and Fitch) and must have an investment-grade country risk profile (based on an average of Moodyâs, S&P and Fitch foreign currency long-term sovereign debt ratings). The Fund and the Index are rebalanced and reconstituted on a monthly basis.

Grade (RS Rating)

Last Trade

$11.94

Average Daily Volume

3,090,845

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ICAP	PGX
30 Days	1.03%	-2.69%
60 Days	3.08%	-3.23%
90 Days	6.32%	0.96%
12 Months	31.00%	15.33%

4 Overlapping Holdings

Symbol	Grade	Weight in ICAP	Weight in PGX	Overlap
BAC	A	3.05%	0.8%	0.8%
CTDD	B	0.33%	0.45%	0.33%
T	A	0.18%	1.31%	0.18%
UZE	B	0.01%	0.42%	0.01%

ICAP Overweight 68 Positions Relative to PGX

Symbol	Grade	Weight
GS	A	4.97%
C	A	4.23%
EQIX	A	4.14%
CVX	A	4.14%
MTB	A	3.96%
KRC	B	3.91%
AMZN	C	3.87%
MPLX	A	3.27%
AES	F	3.2%
CFG	B	3.15%
BXP	C	3.13%
ORCL	A	3.02%
FRT	B	2.91%
SLMBP	C	2.79%
DLR	B	2.77%
AB	B	2.37%
ARE	F	2.06%
TFC	A	2.05%
MS	A	1.98%
NYMTN	D	1.95%
AVGO	D	1.95%
UGI	C	1.83%
KHC	F	1.82%
REXR	F	1.7%
SPG	A	1.69%
EIX	B	1.67%
JPM	A	1.61%
MCD	D	1.58%
FANG	C	1.48%
ARES	A	1.47%
VOD	F	1.43%
O	C	1.28%
SO	C	1.27%
DOW	F	1.17%
CCI	C	1.07%
FITB	B	1.06%
XOM	B	1.05%
USB	A	1.03%
HON	C	1.01%
KMI	A	1.0%
BLMN	F	0.98%
HPE	B	0.98%
MRK	D	0.85%
NWN	A	0.74%
CAT	B	0.68%
PM	B	0.65%
IRM	C	0.63%
RTX	D	0.62%
MMM	D	0.58%
MSFT	D	0.55%
AMT	C	0.55%
CSCO	B	0.5%
VZ	C	0.36%
EPR	C	0.31%
PAA	B	0.3%
RRR	F	0.26%
NEE	C	0.26%
NEE	C	0.21%
DUK	C	0.21%
OKE	A	0.19%
JNJ	C	0.08%
MO	A	0.07%
KO	D	0.07%
ET	A	0.03%
GD	D	0.02%
WMB	A	0.01%
D	C	0.01%
UNH	B	0.01%

ICAP Underweight 37 Positions Relative to PGX

Symbol	Grade	Weight
TBB	C	-1.16%
SOJD	D	-0.81%
TBC	C	-0.74%
RZC	C	-0.69%
SREA	D	-0.67%
CMSD	C	-0.58%
PRS	C	-0.51%
DUKB	D	-0.46%
BPYPM	D	-0.41%
SOJC	D	-0.4%
PFH	D	-0.36%
RZB	C	-0.36%
DTW	D	-0.35%
ESGRP	D	-0.31%
UNMA	C	-0.28%
ACGLO	D	-0.28%
MGR	D	-0.27%
CMSC	C	-0.26%
OZKAP	D	-0.23%
GPJA	D	-0.23%
EAI	D	-0.23%
NRUC	D	-0.22%
AIZN	D	-0.21%
ENO	D	-0.21%
EMP	D	-0.21%
ELC	D	-0.21%
CMSA	C	-0.18%
SFB	D	-0.18%
FCNCO	C	-0.17%
AFGC	D	-0.17%
BPYPO	D	-0.15%
AFGE	D	-0.15%
BPYPN	C	-0.15%
AFGD	C	-0.14%
BPYPP	D	-0.11%
AFGB	C	-0.11%
BPOPM	C	-0.03%