SCAP vs. NBSM ETF Comparison

Comparison of InfraCap Small Cap Income ETF (SCAP) to Neuberger Berman Small-Mid Cap ETF (NBSM)

SCAP

InfraCap Small Cap Income ETF

SCAP Description

The investment seeks to provide total return through long-term capital appreciation and current income. The fund seeks to achieve its investment objective by investing in a diversified group of U.S.-traded equity securities consisting of common and preferred stock, ADRs, and REITs. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in small cap securities. The fund's sub-advisor generally defines a small cap company as one having a market capitalization less than the market cap of the largest company in the Russell 2000 Index at the time of acquisition.

Grade (RS Rating)

Last Trade

$37.06

Average Daily Volume

2,557

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NBSM

Neuberger Berman Small-Mid Cap ETF

NBSM Description

NBSM focuses on capital growth primarily through investments in small- and mid-cap firms. The fund seeks out undervalued companies with strong market positions and financial health, mainly in domestic markets with a minor proportion in foreign securities. Utilizing a bottom-up analysis, the fund manager identifies organizations they believe are valued below their intrinsic worth. Key considerations include historical returns, market niche, barriers to entry, and self-financing capabilities, emphasizing companies with established business operations over speculative growth prospects. NBSM aims to capitalize on market inefficiencies and manage risks through diversification and fundamental analysis. Furthermore, the manager also takes into account ESG factors into their decision making whenever applicable, aiming for a more comprehensive evaluation of potential investments. The fund may sell a security if it underperforms, reaches a set price or when better investment opportunities arise.

Grade (RS Rating)

Last Trade

$27.38

Average Daily Volume

11,464

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SCAP	NBSM
30 Days	2.52%	1.40%
60 Days	2.12%	2.50%
90 Days	6.27%	4.51%
12 Months

1 Overlapping Holdings

	Symbol	Grade	Weight in SCAP	Weight in NBSM	Overlap
	MKSI	C	3.04%	2.17%	2.17%

SCAP Overweight 41 Positions Relative to NBSM

Symbol	Grade	Weight
HRI	C	3.47%
CASY	A	3.17%
EWBC	A	3.02%
GATX	A	2.95%
SM	C	2.64%
MUR	D	2.62%
PNFP	B	2.61%
CHRD	F	2.6%
PFBC	B	2.58%
ASIX	B	2.51%
PAGP	A	2.46%
NTB	B	2.35%
AVNT	B	2.27%
KRC	C	2.09%
BRX	A	1.95%
DKL	C	1.94%
POR	C	1.92%
AES	F	1.89%
NYT	D	1.82%
AGNC	C	1.81%
REXR	F	1.79%
WWD	B	1.75%
MCBS	B	1.7%
ESI	B	1.65%
JEF	A	1.58%
AB	A	1.55%
NTST	D	1.53%
EPRT	A	1.5%
BLMN	F	1.46%
SLM	A	1.38%
CELH	F	1.36%
PK	D	1.31%
AIZ	A	1.22%
WAL	B	1.19%
CHCT	C	1.16%
STAG	D	1.12%
MMI	B	1.1%
SBLK	F	1.09%
BPOP	C	1.05%
COOP	B	1.02%
VLYPP	A	0.45%

SCAP Underweight 45 Positions Relative to NBSM

Symbol	Grade	Weight
FICO	A	-4.27%
EXP	B	-3.88%
KEX	A	-3.67%
WSO	A	-3.19%
ITT	B	-3.11%
VMI	B	-3.11%
RYAN	B	-3.08%
ATR	B	-2.93%
RBC	A	-2.92%
HAE	C	-2.9%
TYL	B	-2.72%
CNX	A	-2.68%
TTEK	F	-2.46%
CHE	D	-2.41%
RLI	A	-2.33%
CBU	B	-2.21%
TTC	F	-2.12%
CR	A	-2.09%
GGG	B	-2.04%
LFUS	D	-1.99%
LECO	C	-1.99%
TXRH	B	-1.94%
ENTG	F	-1.88%
CFR	B	-1.86%
TECH	F	-1.81%
NXST	D	-1.77%
LSCC	F	-1.77%
POWI	D	-1.59%
TDW	F	-1.59%
PB	B	-1.59%
TSCO	D	-1.59%
BSY	D	-1.54%
SPSC	D	-1.51%
CHD	A	-1.51%
LNT	A	-1.49%
ROL	B	-1.46%
SSD	D	-1.37%
ICLR	D	-1.21%
MANH	D	-1.16%
IBP	D	-1.15%
BFAM	F	-1.14%
FND	D	-1.09%
AWI	A	-1.04%
CNM	C	-0.99%
CVLT	A	-0.51%