XITK vs. SCAP

Last updated Aug 2, 2026

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

Performance

XITK vs. SCAP - Performance Comparison

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

Returns By Period

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

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%

SCAP

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

*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

XITK vs. SCAP - Yearly Performance Comparison

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

Correlation

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

XITK vs. SCAP - Sectors Allocation Comparison

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

Return for Risk

XITK vs. SCAP — Risk / Return Rank

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

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

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

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.

XITK vs. SCAP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR FactSet Innovative Technology ETF (XITK) and Infracap Small Cap Income ETF (SCAP). 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.

	XITK	SCAP	Difference
Sharpe ratio: Return per unit of total volatility	-0.05	1.21	-1.26
Sortino ratio: Return per unit of downside risk	0.14	1.74	-1.60
Omega ratio: Gain probability vs. loss probability	1.02	1.21	-0.20
Calmar ratio: Return relative to maximum drawdown	-0.05	1.75	-1.80
Martin ratio: Return relative to average drawdown	-0.11	5.70	-5.80

XITK vs. SCAP - Sharpe Ratio Comparison

The current XITK Sharpe Ratio is -0.05, which is lower than the SCAP Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of XITK and SCAP, 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

XITK vs. SCAP - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

XITK vs. SCAP - Volatility Comparison

SPDR FactSet Innovative Technology ETF (XITK) has a higher volatility of 9.22% compared to Infracap Small Cap Income ETF (SCAP) at 4.87%. This indicates that XITK's price experiences larger fluctuations and is considered to be riskier than SCAP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

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

XITK vs. SCAP - Expense Ratio Comparison

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

Dividends

XITK vs. SCAP - Dividend Comparison

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

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 XITK and SCAP in my portfolio?

XITK and SCAP 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, XITK or SCAP?

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

Which ETF is better, XITK or SCAP?

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, XITK or SCAP?

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, XITK or SCAP?

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

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

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

What is the main difference between XITK and SCAP?

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

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.