FMQQ vs. MVPA ETF Comparison

Comparison of FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ) to Advisor Managed Portfolios Miller Value Partners Appreciation ETF (MVPA)

FMQQ

FMQQ The Next Frontier Internet & Ecommerce ETF

FMQQ Description

FMQQ The Next Frontier Internet & Ecommerce ETF is an exchange traded fund launched and managed by Exchange Traded Concepts, LLC. The fund invests in the public equity markets of emerging countries across the globe. It invests in the stocks of companies operating in the internet and ecommerce companies. The fund invests in growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the FMQQ The Next Frontier Internet & Ecommerce Index, by using full replication technique. FMQQ The Next Frontier Internet & Ecommerce ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$12.50

Average Daily Volume

9,001

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MVPA

Advisor Managed Portfolios Miller Value Partners Appreciation ETF

MVPA Description

The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in securities that Miller Value Partners, LLC (the "Adviser") believes have an above-average probability of outperforming the S&P 500® Index (the "S&P 500") over a multi-year time horizon. It will typically invest in a portfolio of approximately 20-40 common stocks without regard to market capitalization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.43

Average Daily Volume

9,708

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMQQ	MVPA
30 Days	2.47%	-0.22%
60 Days	4.68%	4.70%
90 Days	10.41%	28.71%
12 Months	15.66%

1 Overlapping Holdings

	Symbol	Grade	Weight in FMQQ	Weight in MVPA	Overlap
	CPNG	A	6.35%	3.83%	3.83%

FMQQ Overweight 15 Positions Relative to MVPA

Symbol	Grade	Weight
SE	B	8.61%
NU	C	7.23%
MELI	C	5.31%
XP	D	2.73%
GRAB	B	2.71%
MMYT	B	1.59%
STNE	C	1.51%
FRSH	F	1.14%
PAGS	D	0.94%
DLO	F	0.43%
DESP	A	0.28%
YALA	D	0.17%
JMIA	C	0.17%
AFYA	D	0.16%
VTEX	D	0.14%

FMQQ Underweight 9 Positions Relative to MVPA

Symbol	Grade	Weight
MSTR	D	-9.89%
CROX	D	-8.62%
BLDR	C	-8.27%
MBC	C	-5.3%
WIRE	B	-5.1%
CNC	D	-4.92%
CTO	B	-4.81%
BFH	B	-3.83%
JXN	A	-3.82%