CAMX vs. MVAL ETF Comparison

Comparison of The Advisors? Inner Circle Fund Cambiar Aggressive Value ETF (CAMX) to SHL Telemedicine Ltd VanEck Morningstar Wide Moat Value ETF (MVAL)

CAMX

The Advisors? Inner Circle Fund Cambiar Aggressive Value ETF

CAMX Description

Under normal circumstances, the fund primarily invests in equity securities of companies located in the United States. The fund typically invests in a portfolio of 20-30 issuers that Cambiar Investors, the fund"s investment adviser, believes represent the best opportunities for long-term capital appreciation. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.26

Average Daily Volume

311

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MVAL

SHL Telemedicine Ltd VanEck Morningstar Wide Moat Value ETF

MVAL Description

The fund invests at least 80% of its total assets in securities that comprise the fund"s benchmark 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 value companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.90

Average Daily Volume

567

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CAMX	MVAL
30 Days	1.56%	1.46%
60 Days	3.04%	2.54%
90 Days	2.19%	4.28%
12 Months	21.57%

4 Overlapping Holdings

Symbol	Grade	Weight in CAMX	Weight in MVAL	Overlap
BMY	B	4.65%	5.37%	4.65%
CMCSA	B	4.24%	2.3%	2.3%
CTVA	C	2.54%	2.45%	2.45%
GOOGL	C	4.01%	1.22%	1.22%

CAMX Overweight 19 Positions Relative to MVAL

Symbol	Grade	Weight
DAL	B	6.91%
AL	B	5.1%
LH	B	4.54%
MDT	D	4.21%
ET	A	4.07%
CME	B	4.02%
UNP	C	4.02%
TXN	C	3.95%
PPG	F	3.72%
ELV	F	3.51%
DEO	F	3.26%
ABNB	C	2.95%
CNC	D	2.83%
UBER	F	2.81%
CVX	A	2.65%
EL	F	2.33%
GS	A	2.02%
AXP	A	1.57%
AMAT	F	1.16%

CAMX Underweight 35 Positions Relative to MVAL

Symbol	Grade	Weight
GILD	C	-5.31%
EMR	B	-5.12%
USB	A	-4.98%
KVUE	A	-4.81%
MO	A	-4.68%
CPB	D	-4.09%
PFE	F	-3.76%
IFF	D	-3.69%
DIS	B	-3.42%
BA	F	-3.33%
BIO	C	-3.08%
NKE	F	-2.82%
SCHW	B	-2.73%
MAS	D	-2.54%
HON	C	-2.44%
NOC	D	-2.34%
UPS	C	-2.23%
RTX	D	-2.22%
ZBH	C	-2.12%
NXPI	D	-2.1%
ALLE	C	-1.87%
MCD	D	-1.84%
MKTX	D	-1.8%
TMO	F	-1.57%
SBUX	A	-1.53%
LRCX	F	-1.3%
HII	F	-1.24%
KEYS	A	-1.2%
GEHC	D	-1.12%
STZ	D	-0.97%
CLX	A	-0.93%
OTIS	C	-0.92%
TER	F	-0.9%
WAT	C	-0.9%
ETSY	D	-0.58%