Infrastructure Capital Equity Income Fund ETF
$25.49−0.45 (−1.73%)
- 2.47%
- $110M
- +7.1%
- 11.45%
- 23K sh
- low $25.56high $29.86
The ETF.net ICAP Grade
D
Score 27 out of 100
- 10 of 10
Score 27 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F5 out of 100Rank 10 of 10Mission
Whether the fund did what it promised, tested against its stated mandate.B69 out of 100Rank 2 of 3Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F21 out of 100Rank 10 of 10Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B61 out of 100Rank 3 of 10Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D35 out of 100Rank 9 of 10Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B64 out of 100Rank 4 of 10
Our read on ICAP
In short
DA hands-on income fund in a cohort of cheap dividend screens. InfraCap runs ICAP actively, chasing maximum income with total return on the side, and pays out monthly. You pay up for that: the fee sits at the top of its peer group.
Stated mandate
The Fund seeks to maximize income while also pursuing total-return opportunities.
Why people hold it
Worth knowing
ICAP Holdings
- Stocks
- 87
- 46%
- MRVL
Sectors
- Technology31.9%
- Consumer Discretionary12.6%
- Financials12.1%
- Communication11.1%
- Industrials8.5%
- Utilities7.4%
- Consumer Staples5.7%
- Energy4.3%
- Real Estate3.3%
- Health Care2.4%
- Materials0.7%
Geography
- United States100.00%
ICAP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
ICAP$10,712
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | ICAP |
|---|---|
| Year to date | +2.0% |
| 1 month | −4.5% |
| 3 months | −6.1% |
| 1 year | +7.1% |
| 3 years | +17.5% |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ICAP |
|---|---|---|
| 2026 YTD | +2.0% | |
| 2025 | +15.8% | |
| 2024 | +14.8% | |
| 2023 | +8.8% | |
| 2022 | −10.1% | |
| 2021 | +0.6% |
ICAP in the news
ICAP Dividends
- 11.45%
- $2.97
- $0.26 per share
- Monthly
ICAP Risk
- 15.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.86
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −24.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.99
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
ICAP Cost
Overpaying vs DIVS, cheapest in Global Active Dividend Income
$29,304
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
ICAP 2.47%
$38,345
DIVS 0.45% Cheapest
$9,041
Cost over time
Year by year
| Year | ICAP | DIVS | Overpaying |
|---|---|---|---|
| 10 | $4,097 | $812 | $3,285 |
| 20 | $14,441 | $3,128 | $11,313 |
| 30 | $38,345 | $9,041 | $29,304 |
Other funds in Global Active Dividend Income
- BCVGDCresAlta Global Dividend ETFExpense ratio 0.50%1 year return
- BDIVSGuinness Atkinson Dividend Builder ETFExpense ratio 0.45%1 year return +14.8%
- CJDIVJPMorgan Dividend Leaders ETFExpense ratio 0.47%1 year return +6.1%
- DAMEIAmana Equity Income ETFExpense ratio 0.76%1 year return
- DTHORThornburg Premium Income Builder ETFExpense ratio 0.79%1 year return