MPAY vs. ICAP
Compare and contrast key facts about Akros Monthly Payout ETF (MPAY) and InfraCap Equity Income Fund ETF (ICAP).
MPAY and ICAP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. ICAP is an actively managed fund by InfraCap. It was launched on Dec 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MPAY or ICAP.
Correlation
The correlation between MPAY and ICAP is 0.75, 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
MPAY vs. ICAP - Performance Comparison
Key characteristics
MPAY:
0.60
ICAP:
0.42
MPAY:
0.93
ICAP:
0.66
MPAY:
1.14
ICAP:
1.10
MPAY:
0.71
ICAP:
0.38
MPAY:
2.80
ICAP:
1.24
MPAY:
3.59%
ICAP:
6.23%
MPAY:
16.94%
ICAP:
18.50%
MPAY:
-14.16%
ICAP:
-24.20%
MPAY:
-7.65%
ICAP:
-12.54%
Returns By Period
In the year-to-date period, MPAY achieves a -3.69% return, which is significantly higher than ICAP's -6.31% return.
MPAY
-3.69%
5.88%
-2.68%
9.03%
N/A
N/A
ICAP
-6.31%
8.10%
-6.62%
6.47%
N/A
N/A
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MPAY vs. ICAP - Expense Ratio Comparison
MPAY has a 0.59% expense ratio, which is lower than ICAP's 0.80% expense ratio.
Risk-Adjusted Performance
MPAY vs. ICAP — Risk-Adjusted Performance Rank
MPAY
ICAP
MPAY vs. ICAP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Akros Monthly Payout ETF (MPAY) and InfraCap Equity Income Fund ETF (ICAP). 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
MPAY vs. ICAP - Dividend Comparison
MPAY's dividend yield for the trailing twelve months is around 6.75%, less than ICAP's 9.34% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
MPAY Akros Monthly Payout ETF | 6.75% | 6.70% | 7.34% | 4.20% |
ICAP InfraCap Equity Income Fund ETF | 9.34% | 8.30% | 8.65% | 8.95% |
Drawdowns
MPAY vs. ICAP - Drawdown Comparison
The maximum MPAY drawdown since its inception was -14.16%, smaller than the maximum ICAP drawdown of -24.20%. Use the drawdown chart below to compare losses from any high point for MPAY and ICAP. For additional features, visit the drawdowns tool.
Volatility
MPAY vs. ICAP - Volatility Comparison
Akros Monthly Payout ETF (MPAY) and InfraCap Equity Income Fund ETF (ICAP) have volatilities of 8.00% and 7.97%, 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.