MVPA vs. FXD ETF Comparison

Comparison of Advisor Managed Portfolios Miller Value Partners Appreciation ETF (MVPA) to First Trust Consumer Discret. AlphaDEX (FXD)

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

$34.73

Average Daily Volume

4,256

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXD

First Trust Consumer Discret. AlphaDEX

FXD Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Consumer Discretionary Index (the "index"). The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the consumer discretionary sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$65.53

Average Daily Volume

29,758

Number of Holdings ^*

119

* may have additional holdings in another (foreign) market

Performance

Period	MVPA	FXD
30 Days	4.56%	3.21%
60 Days	12.27%	6.81%
90 Days	12.33%	9.45%
12 Months		25.86%

3 Overlapping Holdings

Symbol	Grade	Weight in MVPA	Weight in FXD	Overlap
CPNG	B	5.96%	1.38%	1.38%
CROX	F	4.16%	0.76%	0.76%
LAD	B	1.68%	1.57%	1.57%

MVPA Overweight 28 Positions Relative to FXD

Symbol	Grade	Weight
CNC	F	6.85%
BFH	B	5.76%
CTO	B	5.51%
TTE	F	5.4%
JXN	C	4.73%
PYPL	A	3.81%
ZD	B	3.69%
IBTA	D	3.46%
MSTR	B	3.19%
CTRN	D	3.12%
T	A	3.09%
ATKR	C	3.02%
QUAD	C	2.9%
WAL	B	2.7%
FTI	B	2.43%
PRDO	B	2.38%
FOUR	B	2.35%
ARLP	A	2.28%
ABNB	C	2.15%
TOST	A	2.14%
BLDR	C	2.04%
LNC	B	2.02%
VTRS	B	1.93%
MTCH	F	1.9%
BKE	A	1.5%
SMLR	B	1.18%
EXFY	B	0.6%
CHRD	D	0.09%

MVPA Underweight 116 Positions Relative to FXD

Symbol	Grade	Weight
UAL	A	-2.02%
CVNA	B	-1.87%
RCL	A	-1.68%
GM	B	-1.67%
DUOL	A	-1.51%
SPOT	A	-1.46%
DDS	B	-1.41%
VAC	B	-1.41%
PVH	C	-1.41%
TOL	B	-1.34%
RBLX	B	-1.3%
BWA	B	-1.3%
TKO	D	-1.29%
DAL	A	-1.28%
EXPE	B	-1.27%
LYV	A	-1.23%
NXST	C	-1.23%
PHM	D	-1.23%
LEN	D	-1.23%
BYD	A	-1.21%
LEA	F	-1.2%
DHI	D	-1.19%
SN	C	-1.19%
KSS	D	-1.17%
HOG	D	-1.16%
FOXA	A	-1.14%
M	C	-1.13%
F	C	-1.12%
BFAM	F	-1.12%
GNTX	C	-1.11%
COST	B	-1.11%
WHR	B	-1.1%
CRI	D	-1.09%
BURL	C	-1.08%
HRB	D	-1.08%
THO	B	-1.08%
PAG	B	-1.07%
NCLH	B	-1.07%
GAP	B	-1.07%
LKQ	C	-1.04%
APTV	F	-1.04%
SKX	F	-1.03%
AN	C	-1.01%
DG	F	-1.0%
TTD	B	-0.98%
PLNT	A	-0.94%
RL	B	-0.93%
LOPE	B	-0.93%
PII	F	-0.91%
ALK	A	-0.91%
TXRH	A	-0.9%
TPR	A	-0.89%
SIRI	C	-0.89%
FIVE	F	-0.84%
JWN	B	-0.83%
COLM	B	-0.83%
ULTA	C	-0.82%
H	B	-0.82%
BBWI	C	-0.81%
AAP	C	-0.81%
DKS	D	-0.78%
TGT	C	-0.78%
YETI	D	-0.77%
IPG	F	-0.77%
EBAY	C	-0.77%
UHAL	D	-0.75%
WSM	F	-0.7%
CCL	B	-0.69%
GRMN	A	-0.65%
BKNG	A	-0.63%
NFLX	A	-0.61%
MSGS	B	-0.59%
HLT	A	-0.58%
DECK	B	-0.58%
BJ	B	-0.58%
LUV	B	-0.57%
DIS	B	-0.56%
MUSA	B	-0.56%
MAT	C	-0.55%
LVS	C	-0.55%
DRI	B	-0.55%
TJX	A	-0.54%
TSCO	D	-0.54%
UBER	F	-0.53%
CZR	F	-0.53%
HD	B	-0.53%
MGM	D	-0.52%
NVR	D	-0.51%
GPC	D	-0.48%
BBY	C	-0.47%
WING	D	-0.43%
TNL	A	-0.3%
AMZN	A	-0.29%
TSLA	B	-0.29%
CPRT	A	-0.28%
CHDN	B	-0.28%
NWSA	B	-0.28%
SBUX	B	-0.26%
KMX	B	-0.26%
TPX	B	-0.26%
RH	C	-0.26%
AZO	B	-0.26%
NYT	C	-0.26%
ARMK	B	-0.26%
SITE	D	-0.26%
OMC	A	-0.26%
OLLI	C	-0.26%
MCD	C	-0.25%
ROL	C	-0.25%
LOW	B	-0.25%
WYNN	C	-0.24%
ROST	D	-0.24%
HAS	D	-0.23%
NKE	F	-0.22%
FND	F	-0.21%
COTY	D	-0.2%