SWP vs WCAP
SWP Growth & Income ETF against WarCap Unconstrained Equity ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
39%
16 shared positions
Fee gap
1 bp
SWP is cheaper
1-year return gap
4.9 pts
SWP is ahead
Larger fund
SWP
$145M
Side by side
| SWP | WCAP | |
|---|---|---|
| Fund | SWP Growth & Income ETF | WarCap Unconstrained Equity ETF |
| Issuer | SWP | WarCap |
| Category | Covered Call | Multi-Strategy |
| Expense ratio | 0.99% | 1.00% |
| Assets | $145M | $61M |
| Average daily dollar volume | $214K | $149K |
| Listed | Sep 24, 2024 | Sep 11, 2025 |
| FrenzyCap score | 38 | 30 |
| 1-month return | +1.2% | +0.4% |
| 3-month return | −4.4% | −0.5% |
| Year to date | −1.4% | −6.4% |
| 1-year return | −3.1% | −8.0% |
| 30-day volatility | 12.9% | 12.9% |
| Worst drawdown, 1 year | −12.1% | −14.8% |
| Trailing 12-month yield | 9.57% | 0.04% |
| Holdings | 76 | 47 |
| Top 10 weight | 38.7% | 45.0% |
| Look-through P/E | 25.4 | 23.6 |
| Holdings vs fair value | −0.4% | +4.8% |
| Holdings above 200-day average | 58% | 59% |
| Net flow, latest 3 reported months | +$7.0M thru May 2026 | −$71K thru Jul 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Oct 8, 2026third-party data | as of Jul 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
47% of SWP · 45% of WCAP
Sector mix of the stock holdings
| Sector | SWP | WCAP | Gap |
|---|---|---|---|
| Technology | 33.7% | 36.0% | −2.2% |
| Financials | 15.4% | 12.0% | +3.4% |
| Industrials | 15.6% | 9.1% | +6.5% |
| Health Care | 13.4% | 7.8% | +5.6% |
| Consumer Discretionary | 6.3% | 11.1% | −4.8% |
| Utilities | 1.8% | 4.2% | −2.4% |
| Energy | 1.3% | 4.2% | −2.9% |
| Consumer Staples | 3.1% | 2.0% | +1.1% |
| Real Estate | 4.3% | 0.0% | +4.3% |
| Materials | 3.6% | 0.0% | +3.6% |
More: full overlap table · SWP holdings · WCAP holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.