FOVL vs. MGMT ETF Comparison

Comparison of iShares Focused Value Factor ETF (FOVL) to Ballast Small/Mid Cap ETF (MGMT)
FOVL

iShares Focused Value Factor ETF

FOVL Description

The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$63.10

Average Daily Volume

1,522

Number of Holdings *

40

* may have additional holdings in another (foreign) market
MGMT

Ballast Small/Mid Cap ETF

MGMT Description The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.

Grade (RS Rating)

Last Trade

$37.92

Average Daily Volume

19,583

Number of Holdings *

45

* may have additional holdings in another (foreign) market
Performance
Period FOVL MGMT
30 Days 6.13% 4.67%
60 Days 9.09% 4.65%
90 Days 8.90% 2.45%
12 Months 30.94% 16.02%
0 Overlapping Holdings
Symbol Grade Weight in FOVL Weight in MGMT Overlap
FOVL Overweight 40 Positions Relative to MGMT
Symbol Grade Weight
TOL B 3.53%
BLDR B 3.38%
PNFP D 3.25%
JPM B 2.97%
IBKR B 2.94%
WBS C 2.9%
CLF B 2.86%
COF B 2.84%
FYBR D 2.83%
WTM B 2.83%
SNV B 2.82%
SF B 2.81%
WLK B 2.79%
ORI B 2.67%
NUE B 2.63%
FNB B 2.62%
AXS C 2.62%
FHB C 2.62%
JHG B 2.61%
CNA C 2.57%
PFG B 2.47%
LYB B 2.46%
LPX A 2.44%
AMG A 2.42%
THO D 2.39%
T D 2.38%
DFS B 2.38%
HPE C 2.34%
STT C 2.31%
KMI B 2.3%
CUZ D 2.22%
AN C 2.19%
Z D 2.16%
AGR C 2.1%
UNM B 2.06%
LSXMK D 1.96%
PNW C 1.96%
SNDR F 1.69%
ALK D 1.67%
LLYVK B 0.73%
FOVL Underweight 45 Positions Relative to MGMT
Symbol Grade Weight
NRP C -5.15%
EXP A -4.24%
AGM B -3.72%
CVCO A -3.22%
AZZ B -3.2%
MTG B -3.02%
TDC F -2.89%
PHIN B -2.75%
CASS C -2.72%
TRIP A -2.57%
CEIX F -2.53%
GEO B -2.4%
LSTR D -2.36%
LAMR B -2.34%
NTIC C -2.32%
SOI D -2.17%
ATKR B -2.15%
CBNK F -2.12%
BIOX D -2.07%
GPRE D -2.06%
IMXI C -1.98%
IGIC B -1.96%
LII B -1.95%
DOX D -1.9%
BLCO D -1.89%
RMNI D -1.68%
BWA D -1.64%
EPR F -1.61%
SFM B -1.58%
CRMT F -1.57%
ECVT C -1.57%
KOS F -1.5%
IPGP F -1.46%
GSM F -1.42%
RCMT F -1.33%
UFPT A -1.29%
KN F -1.18%
TKR C -1.13%
EPSN C -1.11%
BIL B -1.09%
PATK C -0.99%
IRMD D -0.9%
CMP F -0.88%
G F -0.82%
EXTR F -0.79%
Compare ETFs