REM vs. ICAP ETF Comparison

Comparison of iShares Mortgage Real Estate Capped ETF (REM) to InfraCap Equity Income Fund ETF (ICAP)

REM

iShares Mortgage Real Estate Capped ETF

REM Description

The investment seeks to track the investment results of an index composed of U.S. real estate investment trusts ("REITs") that hold U.S. residential and commercial mortgages. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the residential and commercial mortgage real estate, mortgage finance and savings associations sectors of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.31

Average Daily Volume

280,208

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

$25.59

Average Daily Volume

10,659

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	REM	ICAP
30 Days	9.28%	10.32%
60 Days	4.37%	6.96%
90 Days	6.02%	9.41%
12 Months	18.75%	21.79%

0 Overlapping Holdings

	Symbol	Grade	Weight in REM	Weight in ICAP	Overlap

REM Overweight 32 Positions Relative to ICAP

Symbol	Grade	Weight
NLY	B	16.31%
AGNC	A	10.98%
STWD	B	9.72%
RITM	B	8.97%
ABR	C	4.25%
BXMT	F	3.97%
ARI	D	3.42%
RC	D	3.34%
TWO	B	3.22%
PMT	B	3.09%
LADR	A	3.04%
MFA	C	2.66%
FBRT	C	2.6%
CIM	D	2.58%
ARR	C	2.29%
EFC	B	2.15%
RWT	C	2.05%
BRSP	F	1.88%
CMTG	F	1.83%
DX	B	1.68%
TRTX	B	1.44%
KREF	D	1.38%
NYMT	F	1.36%
IVR	C	1.09%
ORC	C	1.07%
ACRE	F	0.86%
REFI	C	0.62%
AFCG	C	0.49%
GPMT	F	0.47%
SEVN	B	0.4%
AOMR	A	0.33%
NREF	D	0.27%

REM Underweight 64 Positions Relative to ICAP

Symbol	Grade	Weight
MS	B	-6.15%
GS	A	-5.44%
JPM	A	-5.12%
PM	B	-4.58%
BXP	C	-3.72%
CVX	B	-3.35%
DOW	B	-3.31%
MPLX	C	-3.26%
SLMBP	C	-3.19%
SO	A	-3.06%
ET	B	-2.99%
C	B	-2.96%
AQNU	C	-2.92%
BAC	B	-2.88%
JNJ	D	-2.66%
AB	B	-2.32%
KRC	C	-2.31%
KHC	D	-2.28%
MO	A	-2.27%
UGIC	C	-2.24%
AVGO	B	-2.11%
REXR	F	-2.05%
NYMTN	D	-1.99%
BLMN	F	-1.94%
NFE	F	-1.77%
DUK	A	-1.68%
EIX	A	-1.67%
VOD	B	-1.55%
FRT	C	-1.52%
KMI	A	-1.52%
O	C	-1.39%
ADC	C	-1.34%
T	B	-1.31%
UZE	B	-1.26%
IP	B	-1.19%
PEP	B	-1.18%
SPG	C	-1.13%
MCD	F	-1.13%
CCI	D	-1.12%
D	A	-0.97%
ARE	C	-0.91%
GNL	D	-0.9%
NWN	C	-0.78%
AES	B	-0.73%
IBM	D	-0.71%
CFG	A	-0.63%
EMR	B	-0.62%
GLPI	C	-0.59%
AMT	C	-0.57%
VZ	C	-0.54%
KO	B	-0.5%
IRM	B	-0.48%
AXP	A	-0.47%
PG	A	-0.4%
HON	B	-0.38%
EQIX	D	-0.37%
AMGN	B	-0.29%
DLR	C	-0.28%
STLA	D	-0.26%
CSCO	F	-0.25%
MRK	B	-0.25%
EPR	C	-0.08%
UNH	C	-0.04%
WMB	A	-0.01%