BJK vs. RVER ETF Comparison

Comparison of Market Vectors Gaming ETF (BJK) to Advisor Managed Portfolios Trenchless Fund ETF (RVER)

BJK

Market Vectors Gaming ETF

BJK Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market VectorsÂ® Global Gaming Index (the "Gaming Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Gaming Index is comprised of companies that generate at least 50% of their revenues from casinos and hotels, sports betting (including internet gambling and racetracks) and lottery services as well as gaming services, gaming technology and gaming equipment. It is non-diversified.

Grade (RS Rating)

Last Trade

$44.00

Average Daily Volume

3,039

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RVER

Advisor Managed Portfolios Trenchless Fund ETF

RVER Description

RVER seeks to outperform the S&P 500 Index over all time horizons through a narrow exposure to the US equity market. The fund typically invests in approximately 12 to 30 US-listed stocks of any market capitalization. The portfolio construction starts by screening companies based on valuation metrics such as free cash flow, net income, EBITDA, and revenue. Securities are then assessed using growth factors, including top and bottom-line revenue and net income growth. This analysis seeks to exclude firms with negative outliers and those the sub-adviser believes are likely to miss earnings expectations. The remaining companies are screened based on a review of the number and size of institutional holders. After these three initial screens, the sub-adviser ranks and selects from the remaining companies based on its view of positive price change potential. As an actively managed fund, the sub-adviser has full discretion to make buy, sell, and hold decisions at any time.

Grade (RS Rating)

Last Trade

$29.30

Average Daily Volume

7,443

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BJK	RVER
30 Days	1.52%	7.79%
60 Days	3.07%	12.17%
90 Days	6.51%	16.22%
12 Months	11.15%

1 Overlapping Holdings

	Symbol	Grade	Weight in BJK	Weight in RVER	Overlap
	DKNG	B	6.81%	4.84%	4.84%

BJK Overweight 13 Positions Relative to RVER

Symbol	Grade	Weight
FLUT	A	9.26%
VICI	C	7.17%
LVS	B	6.55%
GLPI	C	4.5%
MGM	D	4.36%
WYNN	C	4.25%
CHDN	B	3.94%
CZR	F	3.35%
LNW	F	3.03%
BYD	B	2.18%
IGT	F	1.24%
PENN	C	1.03%
MLCO	F	0.64%

BJK Underweight 15 Positions Relative to RVER

Symbol	Grade	Weight
LYFT	C	-9.0%
GOOGL	C	-6.26%
SNOW	B	-5.29%
SNAP	D	-5.18%
AMZN	C	-5.02%
ULTA	F	-4.69%
MSFT	D	-4.47%
MRK	D	-4.34%
WDAY	B	-4.33%
SMCI	F	-3.86%
NVDA	B	-3.85%
SQ	A	-3.81%
TSM	B	-3.65%
PINS	F	-3.48%
PANW	B	-3.48%

BJK: Top Represented Industries & Keywords

Industries: Resorts & Casinos Gambling REIT - Diversified