KMID vs. UTRN ETF Comparison

Comparison of Virtus KAR Mid-Cap ETF (KMID) to Vesper US Large Cap Short-Term Reversal Strategy ETF (UTRN)

KMID

Virtus KAR Mid-Cap ETF

KMID Description

The fund advisor pursues long-term capital appreciation in the medium capitalization sector while seeking less market risk than the Russell Midcap® Index. The fund advisor invests in medium market capitalization companies believed by Kayne Anderson Rudnick Investment Management, LLC, the fund"s sub-adviser, to be undervalued relative to their future growth potential. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.60

Average Daily Volume

12,431

Number of Holdings ^*

* may have additional holdings in another (foreign) market

UTRN

Vesper US Large Cap Short-Term Reversal Strategy ETF

UTRN Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Vesper U.S. Large Cap Short-Term Reversal Index (the 'index'). The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to measure the performance of a portfolio of 25 stocks selected from the S&P 500 that Vesper Capital Management, LLC believes will most likely benefit from the "short-term reversal" effect, as determined by applying a proprietary algorithm ("Chow's Ratio" or "Algorithm").

Grade (RS Rating)

Last Trade

$31.70

Average Daily Volume

592

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KMID	UTRN
30 Days	3.74%	2.75%
60 Days		5.09%
90 Days		8.59%
12 Months		39.55%

1 Overlapping Holdings

	Symbol	Grade	Weight in KMID	Weight in UTRN	Overlap
	TDY	B	4.11%	4.03%	4.03%

KMID Overweight 24 Positions Relative to UTRN

Symbol	Grade	Weight
AME	A	6.31%
HEI	A	4.06%
EFX	F	3.98%
LII	A	3.97%
WST	C	3.92%
POOL	C	3.92%
ROST	D	3.88%
ODFL	C	3.82%
DPZ	C	3.82%
PNR	A	3.68%
VRSK	A	3.63%
WAB	B	3.57%
BRO	B	3.55%
NDSN	B	3.5%
ROL	B	3.42%
FICO	B	3.28%
BSY	F	3.25%
LPLA	A	3.1%
MSCI	C	2.94%
ALGN	D	2.92%
BR	A	2.92%
FDS	B	2.64%
WRB	A	2.47%
MPWR	F	2.35%

KMID Underweight 24 Positions Relative to UTRN

Symbol	Grade	Weight
DXCM	C	-4.32%
ATO	A	-4.2%
DGX	A	-4.15%
LYV	A	-4.09%
LMT	D	-4.07%
AJG	A	-4.05%
TRV	B	-4.04%
CB	C	-4.02%
FTV	C	-4.01%
APD	A	-4.01%
ECL	D	-4.01%
KDP	F	-4.01%
VLTO	C	-4.0%
MMC	B	-4.0%
O	C	-3.98%
WFC	A	-3.98%
PAYX	B	-3.95%
PSX	C	-3.94%
CVX	A	-3.9%
LVS	B	-3.87%
AIG	B	-3.86%
PPG	F	-3.83%
KHC	F	-3.79%
DOW	F	-3.7%