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ETFs

InfraCap Equity Income Fund ETF

ICAP
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Dec 29 2021
Expense Ratio
1.71%
Type
Global Equities
Fund Owner
Infrastructure Capital Advisors
Volume (1m avg. daily)
$212,940
AUM
$47,069,922
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

SO
Southern Company
4.81%
HON
Honeywell International Inc
3.64%
ENB
Enbridge Inc
3.42%
BLMN
Bloomin Brands Inc
3.39%
BXP
Boston Properties, Inc.
3.11%
KMI
Kinder Morgan Inc - Ordinary Shares - Class P
2.88%
DOW
Dow Inc
2.78%
MS
Morgan Stanley
2.77%
AQN
Algonquin Power & Utilities Corp
2.74%
PM
Philip Morris International Inc
2.70%
Invest with ICAP

What is ICAP?

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 Funds investments in equity securities may include common stocks preferred stocks and convertible securities The Fund may invest in the equity securities of companies of any market capitalization To assist the Advisers portfolio management process the Adviser may purchase and write put and call options in an effort to i generate additional income and reduce volatility in the portfolio ii remove or add securities from the portfolio i.e. convertible securities iii facilitate total return opportunities and iv hedge against market risks or other risks in the Funds portfolio.

ETFs related toICAP

ETFs correlated to ICAP include SPYD, FTA, ONEY

ICAP
Series Portfolios Trust - InfraCap Equity Income Fund ETF
SPYD
SPDR Series Trust - SPDR Portfolio S&P 500 High Dividend ETF
FTA
First Trust Exchange-Traded Fund III - First Trust Large Capital Value AlphaDEX Fund
ONEY
SPDR Series Trust - SPDR Russell 1000 Yield Focus ETF
VOE
Vanguard Group, Inc. - Vanguard Mid-Cap Value ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value ETF
RDIV
Invesco Exchange-Traded Fund Trust II - Invesco S&P Ultra Dividend Revenue ETF
VFVA
Vanguard Group, Inc. - Vanguard U.S. Value Factor ETF
CDL
Victory Portfolios II - VictoryShares US Large Cap High Div Volatility Wtd ETF
IMCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Value ETF
DVY
BlackRock Institutional Trust Company N.A. - iShares Select Dividend ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

ICAP is a Global Equities ETF. 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 Funds investments in equity securities may include common stocks preferred stocks and convertible securities The Fund may invest in the equity securities of companies of any market capitalization To assist the Advisers portfolio management process the Adviser may purchase and write put and call options in an effort to i generate additional income and reduce volatility in the portfolio ii remove or add securities from the portfolio i.e. convertible securities iii facilitate total return opportunities and iv hedge against market risks or other risks in the Funds portfolio.

ICAP dividend information: Dividend - Regular Payors. Dividend payouts may vary in terms of frequency of payouts.

Yes, ICAP is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, ICAP is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ICAP is -0.0189%. This is the percent change in the value of ICAP over the most recent 1-month period. The 3-month return on ICAP is 0.002%. This is the percent change in the value of ICAP over the most recent 3-month period.

The standard deviation of ICAP for the past year is 0.2079%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ICAP include DGS, DFIV, and DXJ.

ETFs correlated to ICAP include SPYD, FTA, and ONEY.

ETFs that are inversely correlated to ICAP include FAZ, RWM, and SRTY.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.