MVPA vs. PFI ETF Comparison

Comparison of Advisor Managed Portfolios Miller Value Partners Appreciation ETF (MVPA) to PowerShares Dynamic Financial (PFI)

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

$36.25

Average Daily Volume

4,252

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PFI

PowerShares Dynamic Financial

PFI Description

The PowerShares Dynamic Financial Sector Portfolio (Fund) is based on the Dynamic Financial Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US financial services companies. These are companies that are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$62.56

Average Daily Volume

6,405

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVPA	PFI
30 Days	8.03%	6.75%
60 Days	9.40%	10.49%
90 Days	15.00%	15.60%
12 Months		46.88%

2 Overlapping Holdings

	Symbol	Grade	Weight in MVPA	Weight in PFI	Overlap
	JXN	C	4.87%	1.91%	1.91%
	WAL	B	2.79%	2.73%	2.73%

MVPA Overweight 29 Positions Relative to PFI

Symbol	Grade	Weight
BFH	B	6.02%
CTO	B	5.18%
CPNG	D	4.87%
CNC	F	4.71%
MSTR	B	4.69%
SMLR	A	4.51%
ZD	B	4.19%
PYPL	B	3.9%
CROX	F	3.8%
IBTA	D	3.42%
TTE	F	3.32%
ATKR	D	2.95%
T	A	2.92%
LNC	B	2.85%
CTRN	F	2.84%
QUAD	C	2.82%
TOST	A	2.58%
PRDO	B	2.51%
FTI	A	2.5%
FOUR	A	2.44%
ARLP	A	2.06%
VTRS	A	2.02%
ABNB	C	1.95%
BLDR	F	1.9%
LAD	B	1.67%
BKE	B	1.52%
MTCH	F	1.49%
EXFY	A	0.87%
CHRD	F	0.09%

MVPA Underweight 38 Positions Relative to PFI

Symbol	Grade	Weight
MA	B	-5.01%
AMP	A	-4.44%
ARES	A	-4.16%
KKR	B	-3.73%
JPM	B	-3.48%
V	A	-3.17%
EVR	B	-2.91%
FCNCA	A	-2.8%
HOOD	B	-2.73%
AXP	B	-2.54%
JEF	A	-2.53%
BRO	B	-2.52%
COOP	B	-2.42%
KNSL	B	-2.39%
MMC	D	-2.24%
AFL	C	-2.07%
PIPR	B	-2.06%
WRB	A	-2.04%
PGR	B	-2.03%
PRI	B	-2.02%
HLI	A	-1.96%
SPG	A	-1.96%
ICE	D	-1.8%
ACGL	D	-1.79%
SFBS	B	-1.72%
VCTR	B	-1.65%
BGC	C	-1.63%
HLNE	B	-1.62%
SLG	B	-1.59%
ENVA	B	-1.49%
RDFN	F	-1.43%
MTG	C	-1.32%
BPOP	C	-1.23%
OFG	B	-1.22%
ERIE	D	-1.15%
TREE	F	-1.11%
NMRK	C	-1.05%
UWMC	D	-0.77%