ARP vs. LEXI ETF Comparison

Comparison of PMV Adaptive Risk Parity ETF (ARP) to Alexis Practical Tactical ETF (LEXI)

ARP

PMV Adaptive Risk Parity ETF

ARP Description

The PMV Adaptive Risk Parity ETF (the “Fund”) is an actively managed fund that seeks to generate capital appreciation, with lower volatility and reduced correlation to the overall equity market, by taking advantage of broad asset class trends throughout the market cycle.

Grade (RS Rating)

Last Trade

$28.65

Average Daily Volume

3,239

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

LEXI

Alexis Practical Tactical ETF

LEXI Description

The investment seeks total return primarily through long-term capital appreciation, with income and capital preservation as secondary objectives. In seeking to achieve its investment objective, the fund has the flexibility to allocate its assets in markets around the world and among various asset classes and strategies, including equity, fixed-income, commodities (including precious metals), real estate investment trusts (“REITs”), alternative strategies (including merger arbitrage, convertible bond and options-based) and cash and cash equivalents.

Grade (RS Rating)

Last Trade

$31.05

Average Daily Volume

2,917

Number of Holdings ^*

21

* may have additional holdings in another (foreign) market

Performance

Period	ARP	LEXI
30 Days	-0.90%	0.54%
60 Days	-0.15%	2.29%
90 Days	0.88%	4.59%
12 Months	16.19%	24.66%

2 Overlapping Holdings

	Symbol	Grade	Weight in ARP	Weight in LEXI	Overlap
	QQQ	B	5.27%	5.79%	5.27%
	SHV	A	20.23%	3.39%	3.39%

ARP Overweight 3 Positions Relative to LEXI

	Symbol	Grade	Weight
	PHYS	C	18.55%
	USDU	A	3.11%
	PDBC	D	1.46%

ARP Underweight 19 Positions Relative to LEXI

	Symbol	Grade	Weight
	MDY	B	-6.06%
	IOO	B	-5.83%
	RSP	B	-5.82%
	MTUM	A	-5.75%
	VIG	B	-5.54%
	MINT	A	-2.13%
	SMH	C	-1.88%
	AAPL	C	-1.41%
	TSLA	B	-1.4%
	NVDA	A	-1.19%
	CAT	C	-1.02%
	TJX	A	-1.0%
	AMAT	F	-0.98%
	V	A	-0.87%
	HD	C	-0.85%
	MAR	B	-0.8%
	MSFT	D	-0.72%
	GOOGL	B	-0.55%
	AMD	F	-0.45%

ARP: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Exchange Traded Funds Exchange Traded Products Bear Market ETF Bloomberg Barclays Us Aggregate Bond Index Bond Bond Fund Bond Market Bullion Commodity Commodity Markets Commodity Trading Advisor Government Bonds Index Fund Inverse ETF Invesco Powershares Managed Futures Account Mutual Fund Mutual Fund Trust

LEXI: Top Represented Industries & Keywords

Industries: Semiconductors Apparel Stores Auto Manufacturers Consumer Electronics Credit Services Farm & Construction Equipment Home Improvement Stores Internet Content & Information Lodging Semiconductor Equipment & Materials Software - Infrastructure

Keywords: S&P 500 ETF Exchange Traded Fund Nasdaq 100 Dow Jones Component Stock Market Index Computing Smartphones Mobile Devices Operating System Semiconductor Artificial Intelligence Bond Bond Fund Bond Market Capitalization Weighted Index Computer Architecture Deep Learning Design Manufacturers Hyperscale