AFMC vs. AMID ETF Comparison

Comparison of Active Factor Mid Cap ETF (AFMC) to Argent Mid Cap ETF (AMID)

AFMC

Active Factor Mid Cap ETF

AFMC Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by mid capitalization companies. The manager defines mid capitalization companies as those that, at the time of investment, have a market capitalization between the minimum and maximum market capitalization of a widely recognized index of mid capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.95

Average Daily Volume

1,495

Number of Holdings ^*

248

* may have additional holdings in another (foreign) market

AMID

Argent Mid Cap ETF

AMID Description

AMID aims to outperform the Russell MidCap Index over the long term by applying Change-Based Investing strategies. The fund actively invests in stocks undergoing positive internal or external change, which the issuer believes could lead to underappreciated growth. The starting universe begins with 1,500 US mid-cap stocks that are screened for liquidity and grouped by sector. Using their proprietary Argent Alpha Model, stocks are ranked under four main categories: Value, Growth, Quality, and Stability. Stocks within each sector with positive exposure to outperforming factors are considered. The remaining companies are grouped into current and future market segments based on expected outperformance in the current or future market cycle. Finally, the fund uses fundamental analysis to select 35-50 stocks with prospect improvements at the company or industry level. Sectors may be overweighted at various times in the economic cycle. Individual securities are capped at 8%.

Grade (RS Rating)

Last Trade

$32.90

Average Daily Volume

6,837

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AFMC	AMID
30 Days	3.47%	-0.15%
60 Days	3.93%	-0.18%
90 Days	9.31%	3.82%
12 Months	33.49%	37.37%

4 Overlapping Holdings

Symbol	Grade	Weight in AFMC	Weight in AMID	Overlap
BLD	D	0.5%	3.1%	0.5%
BLDR	D	1.12%	3.95%	1.12%
FICO	C	0.65%	3.92%	0.65%
MEDP	D	0.56%	3.54%	0.56%

AFMC Overweight 244 Positions Relative to AMID

Symbol	Grade	Weight
VST	B	2.74%
WSM	B	1.55%
RS	D	1.31%
DECK	D	1.27%
SFM	A	1.21%
EME	A	1.12%
OC	B	1.07%
KBH	B	1.07%
AYI	C	1.06%
MTG	B	1.05%
COKE	B	1.01%
ESNT	C	0.96%
CNM	A	0.9%
THC	A	0.87%
CHRD	B	0.85%
ALSN	D	0.85%
TOL	B	0.85%
RDN	C	0.85%
IBOC	A	0.84%
FIX	A	0.83%
JBL	D	0.83%
MTH	A	0.82%
SBRA	A	0.8%
STLD	D	0.78%
BCC	D	0.76%
TMHC	C	0.74%
UNM	B	0.73%
CSL	A	0.71%
NRG	B	0.7%
L	A	0.7%
BRBR	C	0.69%
EXP	A	0.69%
OHI	B	0.69%
CHE	D	0.68%
WFRD	B	0.68%
NXST	C	0.66%
MLI	B	0.66%
HRB	B	0.65%
JLL	C	0.64%
PRI	D	0.64%
MUSA	D	0.63%
ONTO	B	0.63%
ELF	D	0.62%
CMC	C	0.62%
NTAP	B	0.62%
ERIE	C	0.61%
SSD	D	0.61%
NEU	D	0.6%
PHM	B	0.59%
SNX	A	0.59%
CAH	F	0.59%
AMR	D	0.56%
ACT	A	0.56%
LII	C	0.56%
SF	A	0.56%
UTHR	B	0.55%
STAG	D	0.55%
CUZ	B	0.54%
HNI	A	0.54%
OZK	B	0.53%
PBF	D	0.52%
INGR	A	0.51%
DDS	C	0.51%
PSN	D	0.51%
ORI	A	0.51%
NFG	A	0.51%
PK	D	0.51%
IDCC	B	0.5%
GMED	C	0.49%
RPM	D	0.49%
PVH	D	0.49%
TEX	D	0.49%
ATKR	D	0.49%
SANM	B	0.48%
AMG	D	0.48%
WSO	B	0.47%
ASO	F	0.47%
SAIC	C	0.47%
DINO	D	0.47%
LAMR	B	0.47%
MAN	B	0.47%
APPF	B	0.46%
AIZ	D	0.46%
GLPI	D	0.45%
CATY	D	0.45%
DKS	C	0.44%
BERY	D	0.44%
FFIV	D	0.43%
EXEL	F	0.43%
GHC	A	0.43%
NYT	B	0.42%
IBP	D	0.41%
NAVI	F	0.4%
MOH	D	0.4%
GPS	D	0.39%
ARW	B	0.39%
FSS	B	0.38%
DBX	F	0.38%
ANF	B	0.37%
TXRH	B	0.37%
WPC	C	0.37%
ASGN	D	0.36%
UFPI	C	0.35%
ZION	B	0.35%
WMS	C	0.35%
AN	B	0.35%
NVST	F	0.34%
FHI	D	0.34%
CADE	B	0.34%
VSH	C	0.34%
NBIX	B	0.33%
NTCT	F	0.33%
LOPE	B	0.33%
SLM	B	0.32%
EVR	C	0.32%
ESAB	B	0.32%
SNA	D	0.32%
MSM	F	0.31%
ABG	C	0.31%
HWC	B	0.31%
WBS	D	0.3%
AMN	C	0.3%
POST	B	0.3%
BECN	C	0.29%
CNXC	D	0.29%
HPP	F	0.29%
BPOP	A	0.29%
G	D	0.29%
SSB	D	0.29%
BDC	C	0.29%
TNL	D	0.29%
OLN	D	0.29%
FHN	A	0.29%
CRI	F	0.28%
LECO	D	0.28%
TKR	B	0.28%
CVBF	C	0.28%
HIW	B	0.27%
HUBB	D	0.26%
TPR	D	0.26%
AGCO	F	0.26%
NSIT	A	0.26%
PRGO	C	0.26%
THO	D	0.26%
BTU	F	0.26%
HOMB	B	0.26%
MANH	D	0.25%
ENS	B	0.25%
CROX	C	0.25%
JWN	B	0.25%
NSA	D	0.25%
CRUS	A	0.25%
APG	D	0.25%
GGG	D	0.25%
AZEK	D	0.25%
ITCI	C	0.24%
PINC	F	0.24%
WCC	B	0.24%
CIVI	B	0.24%
ENSG	D	0.24%
PEN	F	0.23%
RL	D	0.23%
UGI	B	0.23%
KMT	C	0.22%
MOG.A	A	0.22%
NVT	A	0.22%
AEO	B	0.22%
CELH	D	0.21%
HSIC	D	0.21%
SJM	F	0.21%
TGNA	D	0.21%
GPI	B	0.21%
M	D	0.21%
ALE	B	0.2%
USFD	C	0.2%
KAI	D	0.2%
CVLT	A	0.2%
PBH	D	0.2%
GEF	D	0.2%
MMS	C	0.19%
PECO	D	0.19%
RHI	D	0.19%
AIT	C	0.18%
QLYS	F	0.18%
APLE	F	0.18%
NNN	B	0.18%
OPCH	D	0.17%
NJR	B	0.17%
BPMC	A	0.17%
ATR	A	0.17%
TPH	A	0.17%
IART	F	0.16%
WTS	C	0.16%
GDDY	A	0.16%
TNET	F	0.16%
UHS	D	0.16%
MPW	D	0.15%
EPR	C	0.15%
MSA	C	0.15%
NUS	F	0.15%
DXC	F	0.15%
AOS	C	0.14%
CW	A	0.14%
CRVL	B	0.14%
HAE	B	0.14%
OSCR	A	0.13%
RMBS	F	0.13%
IRM	C	0.13%
LNTH	B	0.13%
DUOL	B	0.12%
LYFT	C	0.12%
CASY	A	0.12%
CHX	D	0.11%
S	D	0.11%
OGN	B	0.11%
JHG	A	0.11%
KWR	D	0.11%
WOR	D	0.1%
HALO	C	0.1%
EQH	A	0.1%
VSCO	F	0.1%
ELS	D	0.1%
ITT	A	0.09%
CACI	A	0.09%
CUBE	D	0.09%
MMSI	B	0.08%
BOX	F	0.08%
TDC	F	0.07%
BRX	C	0.07%
PDCO	D	0.07%
ACLS	D	0.07%
BRKR	D	0.07%
VNT	D	0.06%
ACIW	A	0.06%
ROKU	F	0.06%
JAZZ	D	0.06%
W	C	0.05%
BHF	D	0.05%
SPSC	B	0.05%
BMI	A	0.05%
NSP	C	0.04%
SMAR	D	0.04%
WU	C	0.04%
OVV	C	0.02%

AFMC Underweight 6 Positions Relative to AMID

Symbol	Grade	Weight
CDW	F	-4.35%
CPRT	D	-3.84%
CTAS	B	-3.17%
CBZ	C	-3.05%
DHI	D	-2.82%
BAH	B	-2.67%