ICAP vs. COMT

Last updated Apr 1, 2026

Compare and contrast key facts about InfraCap Equity Income Fund ETF (ICAP) and iShares Commodities Select Strategy ETF (COMT).

ICAP and COMT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ICAP is an actively managed fund by InfraCap. It was launched on Dec 28, 2021. COMT is an actively managed fund by iShares. It was launched on Oct 15, 2014.

Performance

ICAP vs. COMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in InfraCap Equity Income Fund ETF (ICAP) and iShares Commodities Select Strategy ETF (COMT). The values are adjusted to include any dividend payments, if applicable.

ICAP vs. COMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ICAP InfraCap Equity Income Fund ETF	-2.78%	15.77%	14.83%	8.82%	-10.10%	0.57%
COMT iShares Commodities Select Strategy ETF	35.81%	6.07%	5.96%	-6.56%	19.45%	-1.03%

Returns By Period

In the year-to-date period, ICAP achieves a -2.78% return, which is significantly lower than COMT's 35.81% return.

ICAP

• 1D: 2.73%
• 1M: -5.34%
• YTD: -2.78%
• 6M: 0.55%
• 1Y: 15.89%
• 3Y*: 13.10%
• 5Y*: —
• 10Y*: —

COMT

• 1D: -1.46%
• 1M: 20.45%
• YTD: 35.81%
• 6M: 35.80%
• 1Y: 37.75%
• 3Y*: 14.15%
• 5Y*: 15.41%
• 10Y*: 10.23%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ICAP vs. COMT - Expense Ratio Comparison

ICAP has a 0.80% expense ratio, which is higher than COMT's 0.48% expense ratio.

ICAP

InfraCap Equity Income Fund ETF

COMT

iShares Commodities Select Strategy ETF

Return for Risk

ICAP vs. COMT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ICAP

ICAP Risk / Return Rank: 51
ICAP Sharpe Ratio Rank: 54
ICAP Sortino Ratio Rank: 48
ICAP Omega Ratio Rank: 52
ICAP Calmar Ratio Rank: 51
ICAP Martin Ratio Rank: 48

COMT

COMT Risk / Return Rank: 89
COMT Sharpe Ratio Rank: 90
COMT Sortino Ratio Rank: 91
COMT Omega Ratio Rank: 88
COMT Calmar Ratio Rank: 93
COMT Martin Ratio Rank: 86

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ICAP vs. COMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for InfraCap Equity Income Fund ETF (ICAP) and iShares Commodities Select Strategy ETF (COMT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ICAP	COMT	Difference
Sharpe ratio Return per unit of total volatility	0.94	1.91	-0.98
Sortino ratio Return per unit of downside risk	1.28	2.55	-1.27
Omega ratio Gain probability vs. loss probability	1.19	1.35	-0.16
Calmar ratio Return relative to maximum drawdown	1.27	3.35	-2.08
Martin ratio Return relative to average drawdown	4.57	9.53	-4.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ICAP vs. COMT - Sharpe Ratio Comparison

The current ICAP Sharpe Ratio is 0.94, which is lower than the COMT Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of ICAP and COMT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ICAP	COMT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.94	1.91	-0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.20	+0.12

Correlation

The correlation between ICAP and COMT is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ICAP vs. COMT - Dividend Comparison

ICAP's dividend yield for the trailing twelve months is around 9.95%, more than COMT's 5.70% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ICAP InfraCap Equity Income Fund ETF	9.95%	8.89%	8.30%	8.65%	8.95%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
COMT iShares Commodities Select Strategy ETF	5.70%	7.74%	4.90%	5.19%	29.79%	17.79%	0.36%	2.61%	11.65%	5.16%	0.52%	1.44%

Drawdowns

ICAP vs. COMT - Drawdown Comparison

The maximum ICAP drawdown since its inception was -24.20%, smaller than the maximum COMT drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for ICAP and COMT.

Drawdown Indicators

	ICAP	COMT	Difference
Max Drawdown Largest peak-to-trough decline	-24.20%	-51.89%	+27.69%
Max Drawdown (1Y) Largest decline over 1 year	-12.64%	-11.84%	-0.80%
Max Drawdown (5Y) Largest decline over 5 years	—	-29.00%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.22%	—
Current Drawdown Current decline from peak	-8.21%	-1.46%	-6.75%
Average Drawdown Average peak-to-trough decline	-8.06%	-24.39%	+16.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.52%	4.16%	-0.64%

Volatility

ICAP vs. COMT - Volatility Comparison

The current volatility for InfraCap Equity Income Fund ETF (ICAP) is 5.25%, while iShares Commodities Select Strategy ETF (COMT) has a volatility of 10.12%. This indicates that ICAP experiences smaller price fluctuations and is considered to be less risky than COMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ICAP	COMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.25%	10.12%	-4.87%
Volatility (6M) Calculated over the trailing 6-month period	10.26%	15.20%	-4.94%
Volatility (1Y) Calculated over the trailing 1-year period	17.06%	19.85%	-2.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.33%	20.53%	-2.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.33%	18.68%	-0.35%