FVC vs ICAP

Comparison between FIRST TRUST DORSEY WRIGHT DYNAMIC FOCUS 5 ETF (FVC, ETF) and INFRASTRUCTURE CAPITAL EQUITY INCOME ETF (ICAP, ETF).

5-Year PerformanceICAP has outperformed FVC, delivering a return of +7.7% compared to +4.2%

FVC vs ICAP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FVC(ETF)	ICAP(ETF)
Net Assets	$114M	$114M
Expense Ratio	0.87%	2.47%
Max Drawdown	30.96%	34.14%
Sharpe Ratio	0.82	0.88
5Y Beta	0.76	0.79
P/E Ratio	N/A	28.85
Forward P/E	N/A	11.79
5Y Dividends CAGR	68.22%	N/A
5Y EPS CAGR	N/A	6.19%
Debt to Equity	N/A	52.53%
P/S Ratio	N/A	1.84
P/B Ratio	N/A	1.95

Net Assets

FVC

$114M

Winner

ICAP

$114M

Expense Ratio

Winner

FVC

0.87%

ICAP

2.47%

Max Drawdown

Winner

FVC

30.96%

ICAP

34.14%

Sharpe Ratio

FVC

0.82

Winner

ICAP

0.88

5Y Beta

Winner

FVC

0.76

ICAP

0.79

P/E Ratio

FVC

N/A

ICAP

28.85

Forward P/E

FVC

N/A

ICAP

11.79

5Y Dividends CAGR

FVC

68.22%

ICAP

N/A

5Y EPS CAGR

FVC

N/A

ICAP

6.19%

Debt to Equity

FVC

N/A

ICAP

52.53%

P/S Ratio

FVC

N/A

ICAP

1.84

P/B Ratio

FVC

N/A

ICAP

1.95

FVC vs ICAP - Holdings Comparison

FVC and ICAP have 0 common holdings. Overlap is 0.00%

FVC's top 25 holdings weight is 99.94%. ICAP's top 25 holdings weight is 83.62%.

Rank	FVC	ICAP
#1	FIRST TRUST INDXX AERSPC & DEFNS ETF (MISL) - 20.09%	AMAZON.COM INC (AMZN) - 5.79%
#2	FIRST TRUST NASDAQ SEMICONDUCTOR ETF (FTXL) - 19.09%	TOLL BROTHERS INC (TOL) - 5.63%
#3	FIRST TRUST FINANCIALS ALPHADEX® ETF (FXO) - 18.34%	BROADCOM INC (AVGO) - 5.57%
#4	FIRST TRUST DOW JONES INTERNET ETF (FDN) - 17.77%	BANK OF AMERICA CORP (BAC) - 5.17%
#5	FIRST TRUST UTILITIES ALPHADEX® ETF (FXU) - 17.67%	LOCKHEED MARTIN CORP (LMT) - 4.88%
#6	FIRST TRUST ENHANCED SHORT MATURITY ETF (FTSM) - 6.98%	CITIZENS FINANCIAL GROUP INC (CFG) - 4.86%
#7	N/A	D.R. HORTON INC (DHI) - 4.59%
#8	N/A	LENNAR CORP CLASS A (LEN) - 4.01%
#9	N/A	CELSIUS HOLDINGS INC (CELH) - 3.98%
#10	N/A	KKR & CO INC ORDINARY SHARES (KKR) - 3.07%
#11	N/A	MERCK & CO INC (MRK) - 2.94%
#12	N/A	ENERGY TRANSFER LP (ET) - 2.92%
#13	N/A	NEXTERA ENERGY INC (NEE) - 2.87%
#14	N/A	APOLLO GLOBAL MANAGEMENT INC (APO) - 2.56%
#15	N/A	ZIONS BANCORP NA (ZION) - 2.50%
#16	N/A	EXXON MOBIL CORP (XOM) - 2.48%
#17	N/A	THE GOLDMAN SACHS GROUP INC (GS) - 2.43%
#18	N/A	GE VERNOVA INC (GEV) - 2.42%
#19	N/A	MICROSOFT CORP (MSFT) - 2.41%
#20	N/A	MORGAN STANLEY (MS) - 2.29%
#21	N/A	XCEL ENERGY INC (XEL) - 2.13%
#22	N/A	VISTRA CORP (VST) - 2.12%
#23	N/A	CHEVRON CORP (CVX) - 2.03%
#24	N/A	RTX CORP (RTX) - 1.99%
#25	N/A	n/a (ADAMN) - 1.98%
Total Holdings	6	184

FVC vs ICAP - Historical Returns

Returns include dividend reinvestment.

Period	FVC	ICAP
1 month	-3.48%	+0.18%
3 months	+10.64%	+1.49%
6 months	+5.95%	+3.47%
1 year	+17.05%	+15.37%
5 years(CAGR)	+4.15%	+7.74%
10 years(CAGR)	+7.88%	N/A
Max(CAGR)	+8.20%	+7.74%

FVC

-3.48%

Winner

ICAP

+0.18%

Winner

FVC

+10.64%

ICAP

+1.49%

Winner

FVC

+5.95%

ICAP

+3.47%

Winner

FVC

+17.05%

ICAP

+15.37%

5Y(CAGR)

FVC

+4.15%

Winner

ICAP

+7.74%

10Y(CAGR)

FVC

+7.88%

ICAP

N/A

Max(CAGR)

Winner

FVC

+8.20%

ICAP

+7.74%

FVC vs ICAP - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	FVC	ICAP
2026	+11.16%	+5.97%
2025	+2.30%	+15.62%
2024	+13.41%	+13.42%
2023	-3.73%	+8.25%
2022	-6.65%	-11.04%
2021	+23.71%	+0.57%
2020	+11.72%	N/A
2019	+19.08%	N/A
2018	-9.64%	N/A
2017	+18.37%	N/A
2016	+8.14%	N/A

FVC vs ICAP Drawdown Comparison

The maximum drawdown for FVC was -30.96%, occurring on Mar 23, 2020. Recovery took 197 trading sessions.

The maximum drawdown for ICAP was -24.20%, occurring on Oct 30, 2023. Recovery took 560 trading sessions.

The current FVC drawdown is -6.07%. The current ICAP drawdown is -1.55%.

Rank	FVC	ICAP
#1	-30.96% Feb 19, 2020 - Nov 27, 2020	-24.20% Apr 20, 2022 - Jul 15, 2024
#2	-26.48% Aug 29, 2018 - Feb 11, 2020	-20.30% Nov 29, 2024 - Jul 17, 2025
#3	-22.63% Nov 16, 2021 - Nov 25, 2024	-10.65% Feb 10, 2026 - Apr 17, 2026
#4	-14.75% Dec 4, 2024 - Jan 6, 2026	-5.92% Jan 14, 2022 - Mar 29, 2022
#5	-13.32% Jan 29, 2026 - May 6, 2026	-5.88% Jul 31, 2024 - Aug 23, 2024
#6	-9.27% Mar 12, 2018 - Jun 6, 2018	-5.36% Sep 18, 2025 - Nov 12, 2025
#7	-8.92% Jan 26, 2018 - Mar 7, 2018	-4.84% Oct 18, 2024 - Nov 11, 2024
#8	-8.57% Jun 30, 2026 - Jul 20, 2026	-4.10% Nov 12, 2025 - Nov 26, 2025
#9	-6.64% Feb 12, 2021 - Mar 15, 2021	-3.45% Jun 2, 2026 - Jun 10, 2026
#10	-5.88% Apr 27, 2021 - Jun 24, 2021	-3.18% Apr 22, 2026 - May 26, 2026
#11	-5.81% Aug 27, 2021 - Oct 21, 2021	-2.96% Aug 30, 2024 - Sep 13, 2024
#12	-5.73% Sep 8, 2016 - Dec 6, 2016	-2.73% Jul 24, 2025 - Aug 22, 2025
#13	-5.72% Jun 18, 2018 - Jul 18, 2018	-2.64% Jan 4, 2022 - Jan 14, 2022
#14	-5.38% Jan 21, 2021 - Feb 5, 2021	-2.26% Jul 17, 2024 - Jul 30, 2024
#15	-5.22% Jun 23, 2016 - Jul 1, 2016	-1.93% Apr 1, 2022 - Apr 19, 2022

Correlation

Correlation between FVC and ICAP is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2016 - 2026)

FVC vs ICAP dividend yield comparison.

Year	FVC	ICAP
2026	0.00%	5.18%
2025	2.57%	8.89%
2024	0.78%	8.30%
2023	1.89%	8.65%
2022	1.50%	8.95%
2021	0.09%	0.00%
2020	0.21%	0.00%
2019	1.07%	0.00%
2018	0.24%	0.00%
2017	0.63%	0.00%
2016	0.67%	0.00%