# ICAP (Infrastructure Capital Equity Income ETF)

Infrastructure Capital · Stock ETFs · U.S. large-cap value · data as of Oct 2, 2026

ICAP is actively managed and returned +11.4% over the past year.

## Key facts

- ICAP, total return, 1 year: +11.4%, as of Oct 2, 2026.
- ICAP, expense ratio: 2.47%, as of Oct 2, 2026.
- ICAP, holdings: 83, as of Oct 2, 2026.
- ICAP, below its high: −5.8%, as of Oct 2, 2026.
- ICAP, net assets: $109m (SEC filing, whole fund, as filed for May 31, 2026).

## ICAP over each window to Oct 2, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −0.5% | +3.6% | −4.0 pts | −5.8 pts |
| 6 months | +9.3% | +17.9% | −8.6 pts | −19.1 pts |
| 1 year | +11.4% | +16.2% | −4.9 pts | −13.0 pts |
| 3 years | +70.0% | +89.3% | −19.3 pts | −44.7 pts |
| Since listing | +40.0% | +71.8% | −31.8 pts | −52.1 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Equity fund | ETFIQ |
| Category | Stocks · U.S. large-cap value | ETFIQ |
| Expense ratio | 2.47% | 485BPOS XBRL, Mar 30, 2026 |
| Price | $27.46 | ETFIQ |
| Listed since | Dec 29, 2021 | ETFIQ |
| Net assets | $109m | SEC filing, whole fund, as filed for May 31, 2026 |
| Below its high | −5.8% | ETFIQ |
| Holdings | 83 | ETFIQ |
| Top ten weight | 31.8% | ETFIQ |
| Holdings as of | May 31, 2026 | SEC N-PORT |
| Already in the S&P 500, by weight | 68.0% | ETFIQ |
| Active share vs the S&P 500 | 79.2% | ETFIQ |
| Already in the Nasdaq-100, by weight | 19.2% | ETFIQ |

## Questions

### How has ICAP performed?

Over the year to Oct 2, 2026, ICAP returned +11.4% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is +70.0%.

### What does ICAP cost?

The prospectus expense ratio is 2.47% a year.

### What does ICAP hold?

83 positions as filed for May 31, 2026, with the top ten at 31.8% of the fund. 68% of its weight is in stocks the S&P 500 also holds.

### How far is ICAP below its high?

5.8% below its high of Aug 14, 2026, measured on the reinvested series to Oct 2, 2026.


## Cite this page

ETFIQ, ICAP, data as of Oct 2, 2026. https://etfiq.com/funds/icap
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/icap  ·  JSON: https://etfiq.com/funds/icap.json