MVPA vs. IAK ETF Comparison

Comparison of Advisor Managed Portfolios Miller Value Partners Appreciation ETF (MVPA) to iShares U.S. Insurance ETF (IAK)

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

$36.68

Average Daily Volume

4,255

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IAK

iShares U.S. Insurance ETF

IAK Description

The investment seeks to track the investment results of an index composed of U.S. equities in the insurance sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Insurance Index (the "underlying index"), which measures the performance of the insurance sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include financial and insurance companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$136.03

Average Daily Volume

63,083

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVPA	IAK
30 Days	11.68%	4.13%
60 Days	12.99%	4.68%
90 Days	15.49%	9.37%
12 Months		40.05%

1 Overlapping Holdings

	Symbol	Grade	Weight in MVPA	Weight in IAK	Overlap
	LNC	B	3.82%	0.6%	0.6%

MVPA Overweight 28 Positions Relative to IAK

Symbol	Grade	Weight
MSTR	C	6.25%
BFH	B	5.92%
ATKR	C	5.37%
SMLR	B	5.11%
CTO	B	5.09%
ZD	C	4.82%
CNC	D	4.79%
CPNG	D	4.79%
JXN	C	4.4%
PYPL	B	3.86%
CROX	D	3.7%
T	A	3.03%
IBTA	C	2.86%
TOST	B	2.8%
CTRN	D	2.72%
WAL	B	2.69%
PRDO	B	2.68%
QUAD	C	2.6%
FOUR	B	2.52%
FTI	A	2.5%
ARLP	A	2.24%
VTRS	A	2.07%
ABNB	C	1.99%
BLDR	D	1.87%
LAD	A	1.68%
BKE	B	1.52%
EXFY	B	0.95%
CHRD	D	0.09%

MVPA Underweight 51 Positions Relative to IAK

Symbol	Grade	Weight
PGR	A	-16.35%
CB	C	-11.69%
TRV	B	-6.34%
AFL	B	-6.0%
MET	A	-4.7%
PRU	A	-4.66%
ALL	A	-4.52%
AIG	B	-4.47%
HIG	B	-4.02%
ACGL	D	-3.88%
CINF	A	-2.76%
MKL	A	-2.61%
PFG	D	-2.17%
WRB	A	-2.12%
FNF	B	-1.82%
L	A	-1.78%
UNM	A	-1.42%
AIZ	A	-1.32%
KNSL	B	-1.24%
AFG	A	-1.21%
ERIE	D	-1.2%
PRI	A	-1.19%
GL	B	-1.16%
ORI	A	-1.05%
RLI	B	-0.87%
FAF	A	-0.79%
AXS	A	-0.78%
SIGI	C	-0.72%
THG	A	-0.7%
WTM	A	-0.58%
AGO	B	-0.54%
KMPR	B	-0.51%
CNO	A	-0.49%
BHF	B	-0.37%
OSCR	D	-0.36%
GNW	A	-0.35%
PLMR	B	-0.33%
STC	B	-0.24%
MCY	A	-0.24%
TRUP	B	-0.21%
LMND	B	-0.21%
HMN	B	-0.2%
SKWD	A	-0.2%
EIG	B	-0.16%
SAFT	C	-0.16%
CNA	B	-0.14%
AMSF	B	-0.14%
PRA	C	-0.1%
AMBC	C	-0.08%
UFCS	B	-0.06%
JRVR	F	-0.03%