ICAP vs VOO
Infrastructure Capital Equity Income ETF vs Vanguard S&P 500 ETF
Which is better, ICAP or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ICAP | VOO |
|---|---|---|
| Expense Ratio | 2.47% | 0.03%Best |
| AUM | $118M | $997.4B |
| Dividend Yield | 10.94% | 1.04% |
| Holdings | 174 | 509 |
| YTD Return | +8.94% | +14.14%Best |
| 1Y Return | +13.34% | +17.31%Best |
| 3Y Return (annualized) | +18.27% | +23.16%Best |
| 5Y Return (annualized) | - | +13.85% |
| Volatility (annualized) | 19.3% | 15.7%Best |
| Max Drawdown | -24.2%Best | -24.5% |
| $10,000 over 4.7 years | $14,402 | $17,250Best |
| Fund Family | Infrastructure Capital Advisors, LLC | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Dec 28, 2021 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Dec 29, 2021 to Sep 21, 2026 (4.7 years).
ICAP vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.7 years both funds cover.
ICAP vs VOO Performance
Infrastructure Capital Equity Income ETF (ICAP) is an ETF from Infrastructure Capital Advisors, LLC and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year ICAP returned +13.34% while VOO returned +17.31%. Year to date, ICAP is up 8.94% versus a gain of 14.14% for VOO.
Over three years, ICAP compounded at +18.27% per year against +23.16% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ICAP has been the more volatile fund, with annualized monthly volatility of 19.3% compared with 15.7% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -24.2% for ICAP and -24.5% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ICAP charges 2.47% per year while VOO charges 0.03%. On a $10,000 position that is $247 vs $3 annually, a gap of $244 per year that compounds over a long holding period. On income, ICAP currently yields 10.94% against 1.04% for VOO.
Holdings Overlap
At least 38.5% of VOO's money is in holdings ICAP also owns.
Only one direction is shown: for ICAP, our book for it lists positions totalling 125.5% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
The two portfolios partly overlap.
49 positions in common, counted across the 82 positions we hold weights for in ICAP and 494 in VOO, against full books of 174 and 509.
Top Shared Holdings
| Stock | Weight in ICAP | Weight in VOO | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 6.57% | 2.86% | 3.71% |
| AMZNAmazon.Com Inc | 4.48% | 4.13% | 0.35% |
| MSFTMicrosoft Corp | 3.21% | 5.36% | 2.15% |
| NVDANvidia Corp | 0.92% | 7.55% | 6.63% |
| LMTLockheed Martin Corp | 6.33% | 0.18% | 6.15% |
| MRVLMarvell Technology Group Ltd. | 4.51% | 0.26% | 4.25% |
| DHIDr Horton Inc. | 4.34% | 0.06% | 4.28% |
| LENLennar Corp. Class A | 3.92% | 0.03% | 3.89% |
| GOOGLAlphabet Inc,class A | 0.46% | 3.24% | 2.78% |
| XOMExxon Mobil Corp. | 2.64% | 1.00% | 1.64% |
38.5% of VOO is already inside ICAP.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ICAP or VOO?
ICAP has an expense ratio of 2.47% while VOO charges 0.03%. VOO is the cheaper option, by $244 a year on a $10,000 investment.
Which performed better, ICAP or VOO?
Over the past year ICAP returned +13.34% vs +17.31% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ICAP or VOO?
ICAP has been the more volatile fund at 19.3% annualized versus 15.7% for VOO. Worst drawdown: ICAP -24.2% vs VOO -24.5%.
Should I hold both ICAP and VOO?
ICAP and VOO have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ICAP and VOO?
At least 38.5% of VOO's money is in holdings ICAP also owns. Our book for ICAP is partial, so the real figure is this or higher. They hold 49 positions in common, counted across the 82 positions we hold weights for in ICAP and 494 in VOO.
Which pays a higher dividend, ICAP or VOO?
ICAP yields 10.94% while VOO yields 1.04%, so ICAP currently pays the higher dividend yield.
Is VOO better than ICAP?
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.