SCAP vs. QVOL

Last updated Aug 2, 2026

SCAP (Infracap Small Cap Income ETF) and QVOL (Infrastructure Capital Nasdaq Option Income ETF) are both exchange-traded funds - SCAP is a Small Cap Value Equities fund actively managed by InfraCap, while QVOL is a Derivative Income fund actively managed by InfraCap. Both are actively managed. Their 0.64 correlation means they have sometimes moved together and sometimes differently. SCAP charges 0.80%/yr vs 0.82%/yr for QVOL.

Performance

SCAP vs. QVOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Infracap Small Cap Income ETF (SCAP) and Infrastructure Capital Nasdaq Option Income ETF (QVOL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SCAP

• 1D: -0.92%
• 1M: -2.26%
• 6M: 6.06%
• YTD: 9.35%
• 1Y: 21.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.06%

QVOL

• 1D: 2.24%
• 1M: -1.84%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QVOL Infrastructure Capital Nasdaq Option Income ETF	$854.22K	$1.19M	$1.49M
SCAP Infracap Small Cap Income ETF	$115.86K	$101.48K	$91.47K

SCAP vs. QVOL - Yearly Performance Comparison

	2026 (YTD)
SCAP Infracap Small Cap Income ETF	0.57%
QVOL Infrastructure Capital Nasdaq Option Income ETF	0.79%

Correlation

The correlation between SCAP and QVOL is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 12, 2026	0.64

Return for Risk

SCAP vs. QVOL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SCAP

SCAP Risk / Return Rank: 48
SCAP Sharpe Ratio Rank: 49
SCAP Sortino Ratio Rank: 48
SCAP Omega Ratio Rank: 47
SCAP Calmar Ratio Rank: 48
SCAP Martin Ratio Rank: 49

QVOL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SCAP vs. QVOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Infracap Small Cap Income ETF (SCAP) and Infrastructure Capital Nasdaq Option Income ETF (QVOL). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SCAP	QVOL	Difference
Sharpe ratio: Return per unit of total volatility	1.21	—	—
Sortino ratio: Return per unit of downside risk	1.74	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	1.75	—	—
Martin ratio: Return relative to average drawdown	5.70	—	—

Drawdowns

SCAP vs. QVOL - Drawdown Comparison

The maximum SCAP drawdown since its inception was -24.13%, which is greater than QVOL's maximum drawdown of -13.30%. Use the drawdown chart below to compare losses from any high point for SCAP and QVOL.

Drawdown Indicators

	SCAP	QVOL	Difference
Max Drawdown Largest peak-to-trough decline	-24.13%	-13.30%	-10.83%
Max Drawdown (1Y) Largest decline over 1 year	-11.55%	—	—
Current Drawdown Current decline from peak	-4.02%	-7.64%	+3.62%
Average Drawdown Average peak-to-trough decline	-4.13%	-4.30%	+0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.54%	—	—

Volatility

Volatility by Period

	SCAP	QVOL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.87%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.73%	30.62%	-13.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.66%	30.62%	-11.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.66%	30.62%	-11.96%

SCAP vs. QVOL - Expense Ratio Comparison

SCAP has a 0.80% expense ratio, which is lower than QVOL's 0.82% expense ratio.

Dividends

SCAP vs. QVOL - Dividend Comparison

SCAP's dividend yield for the trailing twelve months is around 7.35%, more than QVOL's 3.20% yield.

Position	TTM	2025	2024	2023
QVOL Infrastructure Capital Nasdaq Option Income ETF	3.20%	0.00%	0.00%	0.00%
SCAP Infracap Small Cap Income ETF	7.35%	6.71%	6.89%	0.27%

Frequently Asked Questions

Can I hold both SCAP and QVOL in my portfolio?

SCAP and QVOL have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SCAP or QVOL?

On fees, SCAP is cheaper at 0.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SCAP or QVOL?

SCAP is cheaper with a 0.80% expense ratio, compared with 0.82% for QVOL.

Which ETF pays a higher dividend yield, SCAP or QVOL?

SCAP has the higher dividend yield at 7.35%, compared with 3.20% for QVOL.

What is the main difference between SCAP and QVOL?

SCAP is categorized as Small Cap Value Equities, while QVOL is Derivative Income. Their fees differ too: 0.80% for SCAP and 0.82% for QVOL.