MVPA vs. XHB ETF Comparison

Comparison of Advisor Managed Portfolios Miller Value Partners Appreciation ETF (MVPA) to SPDR Homebuilders ETF (XHB)

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

$30.99

Average Daily Volume

9,912

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XHB

SPDR Homebuilders ETF

XHB Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the homebuilding segment of a U.S. total market composite index. In seeking to track the performance of the S&P Homebuilders Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the homebuilders industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$105.41

Average Daily Volume

2,557,842

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVPA	XHB
30 Days	-1.91%	-4.01%
60 Days	5.97%	-0.66%
90 Days	24.80%	7.68%
12 Months		47.60%

1 Overlapping Holdings

	Symbol	Grade	Weight in MVPA	Weight in XHB	Overlap
	BLDR	C	8.27%	3.49%	3.49%

MVPA Overweight 9 Positions Relative to XHB

Symbol	Grade	Weight
MSTR	D	9.89%
CROX	C	8.62%
MBC	C	5.3%
WIRE	B	5.1%
CNC	D	4.92%
CTO	A	4.81%
CPNG	B	3.83%
BFH	A	3.83%
JXN	A	3.82%

MVPA Underweight 32 Positions Relative to XHB

Symbol	Grade	Weight
WSM	A	-4.54%
CSL	A	-4.17%
OC	A	-4.07%
CARR	A	-4.02%
JCI	B	-3.94%
TT	A	-3.93%
PHM	A	-3.79%
LII	D	-3.78%
BLD	C	-3.78%
TOL	B	-3.75%
NVR	D	-3.67%
ALLE	D	-3.55%
LOW	D	-3.55%
DHI	C	-3.54%
LEN	C	-3.53%
TPX	C	-3.46%
AOS	D	-3.39%
MAS	D	-3.39%
HD	C	-3.36%
FND	C	-3.33%
TREX	C	-3.11%
WMS	C	-2.9%
IBP	B	-2.25%
TMHC	D	-2.02%
MHO	C	-1.67%
TPH	A	-1.37%
CVCO	C	-1.15%
CCS	C	-0.92%
SKY	C	-0.92%
LGIH	F	-0.9%
GRBK	C	-0.74%
DFH	D	-0.53%