ICAP vs. MPAY
Compare and contrast key facts about InfraCap Equity Income Fund ETF (ICAP) and Akros Monthly Payout ETF (MPAY).
ICAP and MPAY 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. MPAY is a passively managed fund by Akros that tracks the performance of the Akros Multi-Asset Index - Benchmark TR Net. It was launched on May 5, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ICAP or MPAY.
Correlation
The correlation between ICAP and MPAY is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ICAP vs. MPAY - Performance Comparison
Key characteristics
ICAP:
0.41
MPAY:
0.60
ICAP:
0.65
MPAY:
0.93
ICAP:
1.09
MPAY:
1.14
ICAP:
0.37
MPAY:
0.71
ICAP:
1.20
MPAY:
2.80
ICAP:
6.28%
MPAY:
3.59%
ICAP:
18.49%
MPAY:
16.94%
ICAP:
-24.20%
MPAY:
-14.16%
ICAP:
-12.30%
MPAY:
-7.65%
Returns By Period
In the year-to-date period, ICAP achieves a -6.06% return, which is significantly lower than MPAY's -3.69% return.
ICAP
-6.06%
9.50%
-9.04%
6.19%
N/A
N/A
MPAY
-3.69%
6.67%
-3.40%
8.70%
N/A
N/A
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ICAP vs. MPAY - Expense Ratio Comparison
ICAP has a 0.80% expense ratio, which is higher than MPAY's 0.59% expense ratio.
Risk-Adjusted Performance
ICAP vs. MPAY — Risk-Adjusted Performance Rank
ICAP
MPAY
ICAP vs. MPAY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for InfraCap Equity Income Fund ETF (ICAP) and Akros Monthly Payout ETF (MPAY). 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.
Dividends
ICAP vs. MPAY - Dividend Comparison
ICAP's dividend yield for the trailing twelve months is around 9.31%, more than MPAY's 6.75% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
ICAP InfraCap Equity Income Fund ETF | 9.31% | 8.30% | 8.65% | 8.95% |
MPAY Akros Monthly Payout ETF | 6.75% | 6.70% | 7.34% | 4.20% |
Drawdowns
ICAP vs. MPAY - Drawdown Comparison
The maximum ICAP drawdown since its inception was -24.20%, which is greater than MPAY's maximum drawdown of -14.16%. Use the drawdown chart below to compare losses from any high point for ICAP and MPAY. For additional features, visit the drawdowns tool.
Volatility
ICAP vs. MPAY - Volatility Comparison
InfraCap Equity Income Fund ETF (ICAP) and Akros Monthly Payout ETF (MPAY) have volatilities of 7.84% and 7.94%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.