MVPA vs. VABS ETF Comparison

Comparison of Advisor Managed Portfolios Miller Value Partners Appreciation ETF (MVPA) to Virtus Newfleet ABS/MBS ETF (VABS)

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

VABS

Virtus Newfleet ABS/MBS ETF

VABS Description

The Fund seeks to generate income by investing primarily in short-duration, investment-grade securitized debt across asset-backed securities (ABS) and mortgage-backed securities (MBS), including commercial and residential MBS. A disciplined, time-tested investment process and rigorous risk management approach seeks to target ABS and MBS with competitive yield and current income across undervalued areas of securitized credit markets.

Grade (RS Rating)

Last Trade

$24.17

Average Daily Volume

2,387

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVPA	VABS
30 Days	11.68%	0.28%
60 Days	12.99%	0.04%
90 Days	15.49%	0.27%
12 Months		6.93%

1 Overlapping Holdings

	Symbol	Grade	Weight in MVPA	Weight in VABS	Overlap
	CTO	B	5.09%	0.29%	0.29%

MVPA Overweight 28 Positions Relative to VABS

Symbol	Grade	Weight
MSTR	C	6.25%
BFH	B	5.92%
ATKR	C	5.37%
SMLR	B	5.11%
ZD	C	4.82%
CNC	D	4.79%
CPNG	D	4.79%
JXN	C	4.4%
PYPL	B	3.86%
LNC	B	3.82%
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 49 Positions Relative to VABS

Symbol	Grade	Weight
RLJ	C	-4.48%
BW	D	-2.27%
EFC	C	-1.89%
BFS	C	-1.53%
EQC	B	-1.49%
DRH	B	-1.35%
PBI	B	-1.34%
TWO	D	-1.26%
ARR	D	-1.25%
GNL	F	-0.94%
F	C	-0.87%
MFA	D	-0.86%
CIM	D	-0.82%
IVR	F	-0.78%
DBRG	F	-0.62%
ET	A	-0.55%
EPR	D	-0.47%
MITT	D	-0.45%
PSEC	D	-0.23%
TDS	B	-0.23%
PMT	D	-0.21%
AHH	D	-0.17%
SHO	C	-0.17%
LXP	D	-0.17%
INN	D	-0.16%
ATCOL	A	-0.15%
BHR	B	-0.15%
UMH	C	-0.11%
ABR	C	-0.1%
ALLY	C	-0.1%
FTAI	B	-0.06%
ALTG	C	-0.05%
FHN	A	-0.04%
AL	B	-0.04%
CIO	D	-0.03%
NLY	C	-0.03%
SNV	B	-0.02%
DX	B	-0.02%
CODI	B	-0.02%
PEB	D	-0.01%
CNO	A	-0.01%
VNO	B	-0.01%
BOH	B	-0.01%
SF	B	-0.01%
EQH	B	-0.01%
COF	B	-0.01%
IFF	D	-0.01%
JPM	A	-0.01%
NEE	D	-0.01%