AMID vs. MGRO ETF Comparison

Comparison of Argent Mid Cap ETF (AMID) to SHL Telemedicine Ltd VanEck Morningstar Wide Moat Growth ETF (MGRO)

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

$31.74

Average Daily Volume

6,951

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MGRO

SHL Telemedicine Ltd VanEck Morningstar Wide Moat Growth ETF

MGRO Description

The fund invests at least 80% of its total assets in securities that comprise the index. The index is comprised of equity securities of companies that Morningstar, Inc. determines have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors and are attractively priced and weighted according to a modified equal weighting scheme that tilts exposure in favor of pure growth companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.20

Average Daily Volume

381

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AMID	MGRO
30 Days	-6.82%	-7.37%
60 Days	-4.31%
90 Days	3.47%
12 Months	31.02%

1 Overlapping Holdings

	Symbol	Grade	Weight in AMID	Weight in MGRO	Overlap
	FTNT	D	2.55%	4.58%	2.55%

AMID Overweight 8 Positions Relative to MGRO

Symbol	Grade	Weight
BLDR	C	5.81%
FICO	D	4.92%
CDW	D	4.29%
DHI	D	4.01%
CPRT	C	3.81%
MEDP	B	3.44%
BLD	C	3.14%
CTAS	A	3.08%

AMID Underweight 9 Positions Relative to MGRO

Symbol	Grade	Weight
VEEV	D	-4.76%
AMZN	B	-4.72%
EL	F	-4.58%
ADSK	F	-4.52%
EFX	D	-4.51%
CRM	D	-4.48%
A	C	-4.35%
TYL	A	-4.25%
ROK	F	-4.18%