MVPA vs. NIXT ETF Comparison

Comparison of Advisor Managed Portfolios Miller Value Partners Appreciation ETF (MVPA) to Research Affiliates Deletions ETF (NIXT)

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

$36.62

Average Daily Volume

4,204

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NIXT

Research Affiliates Deletions ETF

NIXT Description

The index consists of U.S. equity securities of micro-, small- and mid- capitalization companies that are believed to be value stocks. Under normal circumstances, at least 80% of the fund"s total assets (exclusive of collateral held from securities lending) will be invested in U.S. equity securities of micro-, small- and mid- companies.

Grade (RS Rating)

Last Trade

$27.29

Average Daily Volume

41,419

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

Performance

Period	MVPA	NIXT
30 Days	11.48%	5.30%
60 Days	12.79%	4.25%
90 Days	15.28%
12 Months

4 Overlapping Holdings

Symbol	Grade	Weight in MVPA	Weight in NIXT	Overlap
BFH	B	6.02%	0.96%	0.96%
LNC	B	2.85%	0.8%	0.8%
MTCH	D	1.49%	0.61%	0.61%
ZD	B	4.19%	0.69%	0.69%

MVPA Overweight 27 Positions Relative to NIXT

Symbol	Grade	Weight
CTO	B	5.18%
CPNG	D	4.87%
JXN	C	4.87%
CNC	D	4.71%
MSTR	C	4.69%
SMLR	B	4.51%
PYPL	B	3.9%
CROX	D	3.8%
IBTA	C	3.42%
TTE	F	3.32%
ATKR	C	2.95%
T	A	2.92%
CTRN	D	2.84%
QUAD	C	2.82%
WAL	B	2.79%
TOST	B	2.58%
PRDO	B	2.51%
FTI	A	2.5%
FOUR	B	2.44%
ARLP	A	2.06%
VTRS	A	2.02%
ABNB	C	1.95%
BLDR	D	1.9%
LAD	A	1.67%
BKE	B	1.52%
EXFY	B	0.87%
CHRD	D	0.09%

MVPA Underweight 133 Positions Relative to NIXT

Symbol	Grade	Weight
LUMN	C	-4.72%
TDS	B	-1.23%
LBRDK	C	-1.21%
LITE	B	-1.2%
DNLI	D	-1.18%
FTDR	A	-1.12%
SIRI	C	-1.12%
OMCL	C	-1.1%
AFRM	A	-1.09%
HBI	B	-1.06%
ACIW	B	-1.01%
VNO	B	-1.0%
VFC	C	-0.99%
SLG	B	-0.95%
CHRW	C	-0.95%
SNDR	B	-0.94%
GEN	B	-0.92%
BKU	A	-0.9%
UAA	C	-0.86%
MAC	B	-0.85%
CMA	A	-0.84%
SHC	F	-0.84%
LOPE	B	-0.81%
DEI	B	-0.81%
EQH	B	-0.8%
BIO	D	-0.8%
SMTC	B	-0.79%
MKTX	D	-0.79%
FHB	A	-0.79%
NRG	B	-0.78%
BXP	D	-0.78%
AMBA	B	-0.78%
SABR	C	-0.77%
FNF	B	-0.76%
PNW	B	-0.76%
RL	B	-0.76%
UHS	D	-0.75%
CCOI	B	-0.75%
REG	B	-0.75%
PNM	F	-0.75%
PAYC	B	-0.75%
MP	B	-0.75%
HIW	D	-0.75%
ELS	C	-0.74%
MSGS	A	-0.74%
TNL	A	-0.74%
RNG	B	-0.74%
JWN	C	-0.74%
FL	F	-0.73%
DBX	B	-0.73%
DXC	B	-0.72%
SGRY	F	-0.72%
TFSL	A	-0.72%
CRUS	D	-0.72%
RIVN	F	-0.72%
YETI	C	-0.71%
OGS	A	-0.71%
KMX	B	-0.7%
OUT	A	-0.7%
NWL	B	-0.7%
MASI	A	-0.7%
VYX	B	-0.7%
SAM	C	-0.69%
JBLU	F	-0.68%
EPR	D	-0.68%
AVT	C	-0.67%
CNA	B	-0.67%
PINC	B	-0.67%
EMN	D	-0.66%
FRT	B	-0.66%
ALE	A	-0.66%
VIR	D	-0.66%
JKHY	D	-0.65%
GAP	B	-0.65%
CTLT	B	-0.65%
EQC	B	-0.65%
APLE	B	-0.65%
NVST	B	-0.64%
HE	C	-0.63%
JBGS	D	-0.63%
HAS	D	-0.62%
HAE	C	-0.61%
PARA	C	-0.61%
IAC	D	-0.61%
CAR	C	-0.61%
AMED	F	-0.6%
NEU	C	-0.6%
ASAN	C	-0.59%
CABO	C	-0.59%
ALLY	C	-0.59%
SPR	D	-0.59%
HLF	C	-0.58%
HST	C	-0.58%
ARWR	F	-0.58%
VAC	B	-0.58%
TFX	F	-0.57%
FMC	D	-0.57%
PK	B	-0.57%
NGVT	B	-0.55%
HP	B	-0.55%
NOMD	D	-0.55%
AZTA	D	-0.54%
RAMP	C	-0.54%
NOV	C	-0.54%
IART	C	-0.52%
BMBL	D	-0.52%
LCID	F	-0.51%
ENOV	C	-0.51%
MOS	F	-0.5%
ZI	D	-0.5%
PLUG	F	-0.5%
HTZ	C	-0.49%
CBRL	C	-0.48%
ACLS	F	-0.48%
KSS	F	-0.47%
ETSY	D	-0.47%
NTLA	F	-0.47%
CRI	D	-0.46%
NSP	D	-0.45%
MQ	F	-0.45%
AEO	F	-0.45%
BBWI	D	-0.43%
HELE	C	-0.43%
MRVI	F	-0.42%
LEG	F	-0.4%
XRX	F	-0.4%
CVI	F	-0.37%
XRAY	F	-0.36%
QRVO	F	-0.34%
TRIP	F	-0.33%
SVC	F	-0.29%
SAGE	F	-0.25%
AGL	F	-0.21%