ICAP vs. WEEI

Last updated Apr 1, 2026

Compare and contrast key facts about InfraCap Equity Income Fund ETF (ICAP) and Westwood Salient Enhanced Energy Income ETF (WEEI).

ICAP and WEEI 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. WEEI is an actively managed fund by Westwood. It was launched on Apr 30, 2024.

Performance

ICAP vs. WEEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in InfraCap Equity Income Fund ETF (ICAP) and Westwood Salient Enhanced Energy Income ETF (WEEI). The values are adjusted to include any dividend payments, if applicable.

ICAP vs. WEEI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ICAP InfraCap Equity Income Fund ETF	-2.78%	15.77%	14.76%
WEEI Westwood Salient Enhanced Energy Income ETF	19.18%	11.28%	-3.07%

Returns By Period

In the year-to-date period, ICAP achieves a -2.78% return, which is significantly lower than WEEI's 19.18% return.

ICAP

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

WEEI

• 1D: -0.28%
• 1M: 5.36%
• YTD: 19.18%
• 6M: 23.22%
• 1Y: 21.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ICAP vs. WEEI - Expense Ratio Comparison

ICAP has a 0.80% expense ratio, which is lower than WEEI's 0.85% expense ratio.

WEEI

Westwood Salient Enhanced Energy Income ETF

ICAP

InfraCap Equity Income Fund ETF

Return for Risk

ICAP vs. WEEI — 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

WEEI

WEEI Risk / Return Rank: 55
WEEI Sharpe Ratio Rank: 62
WEEI Sortino Ratio Rank: 54
WEEI Omega Ratio Rank: 67
WEEI Calmar Ratio Rank: 49
WEEI Martin Ratio Rank: 41

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. WEEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for InfraCap Equity Income Fund ETF (ICAP) and Westwood Salient Enhanced Energy Income ETF (WEEI). 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	WEEI	Difference
Sharpe ratio Return per unit of total volatility	0.94	1.08	-0.15
Sortino ratio Return per unit of downside risk	1.28	1.41	-0.13
Omega ratio Gain probability vs. loss probability	1.19	1.24	-0.05
Calmar ratio Return relative to maximum drawdown	1.27	1.25	+0.03
Martin ratio Return relative to average drawdown	4.57	3.76	+0.80
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. WEEI - Sharpe Ratio Comparison

The current ICAP Sharpe Ratio is 0.94, which is comparable to the WEEI Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of ICAP and WEEI, 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	WEEI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.94	1.08	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.78	-0.46

Correlation

The correlation between ICAP and WEEI is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ICAP vs. WEEI - Dividend Comparison

ICAP's dividend yield for the trailing twelve months is around 9.95%, less than WEEI's 10.98% yield.

	TTM	2025	2024	2023	2022
ICAP InfraCap Equity Income Fund ETF	9.95%	8.89%	8.30%	8.65%	8.95%
WEEI Westwood Salient Enhanced Energy Income ETF	10.98%	12.59%	7.20%	0.00%	0.00%

Drawdowns

ICAP vs. WEEI - Drawdown Comparison

The maximum ICAP drawdown since its inception was -24.20%, which is greater than WEEI's maximum drawdown of -18.78%. Use the drawdown chart below to compare losses from any high point for ICAP and WEEI.

Drawdown Indicators

	ICAP	WEEI	Difference
Max Drawdown Largest peak-to-trough decline	-24.20%	-18.78%	-5.42%
Max Drawdown (1Y) Largest decline over 1 year	-12.64%	-18.36%	+5.72%
Current Drawdown Current decline from peak	-8.21%	-0.99%	-7.22%
Average Drawdown Average peak-to-trough decline	-8.06%	-4.20%	-3.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.52%	6.09%	-2.57%

Volatility

ICAP vs. WEEI - Volatility Comparison

InfraCap Equity Income Fund ETF (ICAP) has a higher volatility of 5.25% compared to Westwood Salient Enhanced Energy Income ETF (WEEI) at 1.96%. This indicates that ICAP's price experiences larger fluctuations and is considered to be riskier than WEEI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ICAP	WEEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.25%	1.96%	+3.29%
Volatility (6M) Calculated over the trailing 6-month period	10.26%	8.79%	+1.47%
Volatility (1Y) Calculated over the trailing 1-year period	17.06%	20.30%	-3.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.33%	18.17%	+0.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.33%	18.17%	+0.16%