SCAP vs. XITK

Last updated Aug 2, 2026

SCAP (Infracap Small Cap Income ETF) and XITK (SPDR FactSet Innovative Technology ETF) are both exchange-traded funds - SCAP is a Small Cap Value Equities fund actively managed by InfraCap, while XITK is a Technology Equities fund tracking the FactSet Innovative Technology Index. SCAP is actively managed, while XITK is passively managed. Over the past year, SCAP returned 21.17% vs 1.26% for XITK. Their 0.64 correlation means they have sometimes moved together and sometimes differently. SCAP charges 0.80%/yr vs 0.45%/yr for XITK.

Performance

SCAP vs. XITK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Infracap Small Cap Income ETF (SCAP) and SPDR FactSet Innovative Technology ETF (XITK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCAP achieves a 9.35% return, which is significantly higher than XITK's 3.17% return.

SCAP

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

XITK

• 1D: 2.10%
• 1M: -2.48%
• 6M: 11.87%
• YTD: 3.17%
• 1Y: 1.26%
• 3Y*: 8.55%
• 5Y*: -3.68%
• 10Y*: 12.53%
• ALL TIME*: 13.77%

*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)
SCAP Infracap Small Cap Income ETF	$115.86K	$101.48K	$91.47K
XITK SPDR FactSet Innovative Technology ETF	$94.40K	$185.95K	$342.96K

SCAP vs. XITK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SCAP Infracap Small Cap Income ETF	9.35%	11.85%	16.39%	6.37%
XITK SPDR FactSet Innovative Technology ETF	3.17%	2.53%	19.12%	6.97%

Correlation

The correlation between SCAP and XITK is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.55
Correlation (All Time) Calculated using the full available price history since Dec 12, 2023	0.64

The correlation between SCAP and XITK has been stable across timeframes, ranging from 0.55 to 0.64 - a consistent structural relationship.

SCAP vs. XITK - Sectors Allocation Comparison

Sectors	SCAP	XITK
Industrials	19.6%	2.1%
Financial Services	17.4%	2.0%
Consumer Cyclical	16.9%	1.0%
Technology	9.0%	82.6%
Energy	7.5%	-
Basic Materials	7.4%	-
Healthcare	5.9%	1.9%
Real Estate	5.7%	0.4%
Communication Services	3.8%	10.0%
Consumer Defensive	3.1%	-
Utilities	2.3%	-

Return for Risk

SCAP vs. XITK — 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

XITK

XITK Risk / Return Rank: 10
XITK Sharpe Ratio Rank: 10
XITK Sortino Ratio Rank: 11
XITK Omega Ratio Rank: 11
XITK Calmar Ratio Rank: 10
XITK Martin Ratio Rank: 10

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. XITK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Infracap Small Cap Income ETF (SCAP) and SPDR FactSet Innovative Technology ETF (XITK). 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	XITK	Difference
Sharpe ratio: Return per unit of total volatility	1.21	-0.05	+1.26
Sortino ratio: Return per unit of downside risk	1.74	0.14	+1.60
Omega ratio: Gain probability vs. loss probability	1.21	1.02	+0.20
Calmar ratio: Return relative to maximum drawdown	1.75	-0.05	+1.80
Martin ratio: Return relative to average drawdown	5.70	-0.11	+5.80

SCAP vs. XITK - Sharpe Ratio Comparison

The current SCAP Sharpe Ratio is 1.21, which is higher than the XITK Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of SCAP and XITK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SCAP vs. XITK - Drawdown Comparison

The maximum SCAP drawdown since its inception was -24.13%, smaller than the maximum XITK drawdown of -65.56%. Use the drawdown chart below to compare losses from any high point for SCAP and XITK.

Drawdown Indicators

	SCAP	XITK	Difference
Max Drawdown Largest peak-to-trough decline	-24.13%	-65.56%	+41.43%
Max Drawdown (1Y) Largest decline over 1 year	-11.55%	-28.03%	+16.48%
Max Drawdown (3Y) Largest decline over 3 years	—	-28.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-61.53%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-65.56%	—
Current Drawdown Current decline from peak	-4.02%	-29.65%	+25.63%
Average Drawdown Average peak-to-trough decline	-4.13%	-22.17%	+18.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.54%	12.69%	-9.15%

Volatility

SCAP vs. XITK - Volatility Comparison

The current volatility for Infracap Small Cap Income ETF (SCAP) is 4.87%, while SPDR FactSet Innovative Technology ETF (XITK) has a volatility of 9.22%. This indicates that SCAP experiences smaller price fluctuations and is considered to be less risky than XITK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCAP	XITK	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.87%	9.22%	-4.35%
Volatility (6M) Calculated over the trailing 6-month period	12.98%	25.08%	-12.10%
Volatility (1Y) Calculated over the trailing 1-year period	16.73%	29.28%	-12.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.66%	33.07%	-14.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.66%	29.72%	-11.06%

SCAP vs. XITK - Expense Ratio Comparison

SCAP has a 0.80% expense ratio, which is higher than XITK's 0.45% expense ratio.

Dividends

SCAP vs. XITK - Dividend Comparison

SCAP's dividend yield for the trailing twelve months is around 7.35%, while XITK has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
SCAP Infracap Small Cap Income ETF	7.35%	6.71%	6.89%	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XITK SPDR FactSet Innovative Technology ETF	0.00%	0.00%	0.00%	0.08%	0.11%	0.00%	0.06%	0.14%	1.50%	1.74%	1.88%

Frequently Asked Questions

Can I hold both SCAP and XITK in my portfolio?

SCAP and XITK have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCAP or XITK?

XITK has higher volatility (9.22%) compared to SCAP (4.87%). In terms of maximum drawdown, SCAP dropped -24.13% vs XITK's -65.56%.

Which ETF is better, SCAP or XITK?

On 1-year performance, SCAP leads with 21.17% vs 1.26% for XITK. On fees, XITK is cheaper at 0.45% per year. On volatility, SCAP has been the lower-risk option at 4.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCAP or XITK?

Over the 1-year period, SCAP has performed better with a 21.17% return vs 1.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCAP or XITK?

XITK is cheaper with a 0.45% expense ratio, compared with 0.80% for SCAP.

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

SCAP has the higher dividend yield at 7.35%, compared with 0.00% for XITK.

What is the main difference between SCAP and XITK?

SCAP is categorized as Small Cap Value Equities, while XITK is Technology Equities. They also come from different issuers: InfraCap and State Street. Their fees differ too: 0.80% for SCAP and 0.45% for XITK.

Which has better risk-adjusted returns?

SCAP currently has the higher Sharpe Ratio (1.21 vs -0.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.