BNGE vs. RVER ETF Comparison

Comparison of First Trust S-Network Streaming and Gaming ETF (BNGE) to Advisor Managed Portfolios Trenchless Fund ETF (RVER)
BNGE

First Trust S-Network Streaming and Gaming ETF

BNGE Description

First Trust S-Network Streaming & Gaming ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund invests in public equity markets of global region. It invests in stocks of companies operating across consumer discretionary, consumer services, hotels, restaurants and leisure, casinos and gaming, gaming operations, online gaming operations, leisure facilities, amusement and recreation services, amusement operations, parks and services, video game arcades, content streaming sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the S-Network Streaming & Gaming Index, by using full replication technique. First Trust S-Network Streaming & Gaming ETF was formed on January 25, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$27.96

Average Daily Volume

2,138

Number of Holdings *

26

* 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

$29.59

Average Daily Volume

7,723

Number of Holdings *

16

* may have additional holdings in another (foreign) market
Performance
Period BNGE RVER
30 Days 9.57% 10.12%
60 Days 9.36% 13.20%
90 Days 10.41% 17.38%
12 Months 23.09%
1 Overlapping Holdings
Symbol Grade Weight in BNGE Weight in RVER Overlap
DKNG B 3.47% 4.84% 3.47%
BNGE Overweight 25 Positions Relative to RVER
Symbol Grade Weight
SPOT B 5.4%
TTWO A 5.05%
DIS B 5.01%
EA A 4.94%
NFLX A 4.9%
RBLX C 4.84%
FLUT A 4.8%
YY C 4.44%
SONY B 4.14%
NTES D 4.08%
WBD C 3.95%
AMD F 3.61%
GME C 2.01%
ROKU D 1.7%
TME D 1.7%
MGM D 1.6%
LNW D 1.57%
U C 0.96%
SRAD A 0.68%
PENN C 0.54%
RSI B 0.5%
FUBO F 0.49%
BALY C 0.48%
MOMO D 0.44%
IQ F 0.41%
BNGE Underweight 15 Positions Relative to RVER
Symbol Grade Weight
LYFT C -9.0%
GOOGL C -6.26%
SNOW C -5.29%
SNAP C -5.18%
AMZN C -5.02%
ULTA F -4.69%
MSFT F -4.47%
MRK F -4.34%
WDAY B -4.33%
SMCI F -3.86%
NVDA C -3.85%
SQ B -3.81%
TSM B -3.65%
PINS D -3.48%
PANW C -3.48%
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