XLF vs. ICAP ETF Comparison

Comparison of SPDR Select Sector Fund - Financial (XLF) to InfraCap Equity Income Fund ETF (ICAP)

XLF

SPDR Select Sector Fund - Financial

XLF Description

The investment seeks investment results that, before expenses, correspond to the price and yield performance of publicly traded equity securities of companies in The Financial Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: diversified financial services; insurance; commercial banks; capital markets; REITs; consumer finance; thrifts & mortgage finance; and real estate management & development. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.73

Average Daily Volume

39,210,793

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

$28.09

Average Daily Volume

7,908

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XLF	ICAP
30 Days	7.68%	3.15%
60 Days	11.64%	4.72%
90 Days	14.59%	7.68%
12 Months	46.19%	32.68%

10 Overlapping Holdings

Symbol	Grade	Weight in XLF	Weight in ICAP	Overlap
BAC	A	4.5%	3.05%	3.05%
C	A	1.89%	4.23%	1.89%
CFG	B	0.3%	3.15%	0.3%
FITB	A	0.46%	1.06%	0.46%
GS	A	2.7%	4.97%	2.7%
JPM	A	10.0%	1.61%	1.61%
MS	A	2.4%	1.98%	1.98%
MTB	A	0.52%	3.96%	0.52%
TFC	A	0.9%	2.05%	0.9%
USB	A	1.14%	1.03%	1.03%

XLF Overweight 62 Positions Relative to ICAP

Symbol	Grade	Weight
BRK.A	B	12.45%
V	A	7.49%
MA	C	6.24%
WFC	A	3.6%
SPGI	C	2.38%
AXP	A	2.36%
PGR	A	2.19%
BLK	C	2.12%
BX	A	1.9%
FI	A	1.76%
SCHW	B	1.74%
MMC	B	1.58%
CB	C	1.57%
KKR	A	1.48%
ICE	C	1.31%
PYPL	B	1.27%
PNC	B	1.2%
AON	A	1.19%
CME	A	1.17%
MCO	B	1.1%
COF	B	1.02%
AJG	B	0.94%
TRV	B	0.85%
BK	A	0.83%
AMP	A	0.8%
AFL	B	0.8%
ALL	A	0.75%
MET	A	0.71%
AIG	B	0.71%
FIS	C	0.7%
MSCI	C	0.69%
PRU	A	0.65%
DFS	B	0.63%
ACGL	D	0.54%
HIG	B	0.5%
NDAQ	A	0.47%
WTW	B	0.46%
GPN	B	0.43%
RJF	A	0.43%
STT	A	0.41%
TROW	B	0.39%
BRO	B	0.38%
HBAN	A	0.37%
SYF	B	0.37%
CPAY	A	0.37%
RF	A	0.35%
CINF	A	0.34%
NTRS	A	0.31%
CBOE	B	0.3%
PFG	D	0.27%
FDS	B	0.27%
KEY	B	0.26%
WRB	A	0.26%
EG	C	0.23%
L	A	0.22%
JKHY	D	0.18%
AIZ	A	0.16%
MKTX	D	0.15%
ERIE	D	0.15%
GL	B	0.14%
IVZ	B	0.12%
BEN	C	0.1%

XLF Underweight 62 Positions Relative to ICAP

Symbol	Grade	Weight
EQIX	A	-4.14%
CVX	A	-4.14%
KRC	C	-3.91%
AMZN	C	-3.87%
MPLX	A	-3.27%
AES	F	-3.2%
BXP	D	-3.13%
ORCL	B	-3.02%
FRT	B	-2.91%
SLMBP	C	-2.79%
DLR	B	-2.77%
AB	C	-2.37%
ARE	D	-2.06%
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%
XOM	B	-1.05%
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%
NEE	D	-0.26%
NEE	D	-0.21%
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%