JRE vs. ICAP ETF Comparison

Comparison of Janus Henderson U.S. Real Estate ETF (JRE) to InfraCap Equity Income Fund ETF (ICAP)

JRE

Janus Henderson U.S. Real Estate ETF

JRE Description

An actively managed equity Portfolio that seeks compelling outperformance by investing in REITs and real estate related businesses. Our emphasis on local property market knowledge combined with a repeatable, disciplined investment process seeks to provide defensive growth, diversification relative to broad equities and fixed income, and dividends for investors.

Grade (RS Rating)

Last Trade

$25.23

Average Daily Volume

834

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Performance

Period	JRE	ICAP
30 Days	-1.55%	1.03%
60 Days	-2.22%	3.08%
90 Days	0.80%	6.32%
12 Months	22.84%	31.00%

5 Overlapping Holdings

Symbol	Grade	Weight in JRE	Weight in ICAP	Overlap
BXP	C	3.39%	3.13%	3.13%
EQIX	A	10.5%	4.14%	4.14%
FRT	B	3.93%	2.91%	2.91%
KRC	B	2.08%	3.91%	2.08%
O	C	7.53%	1.28%	1.28%

JRE Overweight 16 Positions Relative to ICAP

Symbol	Grade	Weight
PSA	C	8.4%
WELL	A	8.39%
PLD	F	5.46%
AVB	B	5.14%
AMH	C	4.37%
UDR	B	4.13%
EGP	D	3.99%
ELS	C	3.76%
FR	D	3.67%
MAC	B	2.99%
SBRA	C	2.78%
RHP	B	2.65%
STAG	D	2.49%
SBAC	D	2.29%
WH	B	1.96%
CBRE	B	1.94%

JRE Underweight 67 Positions Relative to ICAP

Symbol	Grade	Weight
GS	A	-4.97%
C	A	-4.23%
CVX	A	-4.14%
MTB	A	-3.96%
AMZN	C	-3.87%
MPLX	A	-3.27%
AES	F	-3.2%
CFG	B	-3.15%
BAC	A	-3.05%
ORCL	A	-3.02%
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	D	-1.43%
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%
CTDD	B	-0.33%
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%
T	A	-0.18%
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%
UZE	A	-0.01%
UNH	B	-0.01%