MVPL vs. QQQT ETF Comparison

Comparison of Advisor Managed Portfolios Miller Value Partners Leverage ETF (MVPL) to Defiance Nasdaq 100 Income Target ETF (QQQT)

MVPL

Advisor Managed Portfolios Miller Value Partners Leverage ETF

MVPL Description

MVPL seeks to capitalize on the S&P 500's propensity to increase in value over long time horizons by opportunistically timing use of leverage when conditions seem favorable to do so. The fund is typically invested in a single unleveraged or leveraged S&P 500 ETF at any given time, depending on signals from proprietary models used by the fund adviser. The adviser uses an adaptive, data-driven approach to determine the daily trading signal, considering factors such as price levels, price changes, valuation, correlations, interest rates, and volatility measures. On a leveraged position, the fund invests in an ETF that provides 2x the daily performance of the S&P 500 and expects to be invested for periods greater than one day. As a result, the fund will be subject to the risks of compounding and its returns during this period can materially differ from that of the underlying ETF. The fund will not invest in a combination of unleveraged and leveraged ETFs at any time. Due to its investment strategy, the fund may engage in active and frequent trading.

Grade (RS Rating)

Last Trade

$31.86

Average Daily Volume

394

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QQQT

Defiance Nasdaq 100 Income Target ETF

QQQT Description

The fund is an actively managed exchange-traded fund ("ETF") that primarily seeks to generate current income. It"s strategy involves holding shares of unaffiliated passively managed ETFs that seek to track the performance of the Index ("Index ETFs") and selling daily credit call spreads on the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$19.30

Average Daily Volume

20,170

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVPL	QQQT
30 Days	0.39%	1.52%
60 Days	4.41%	3.86%
90 Days	8.95%	5.46%
12 Months

0 Overlapping Holdings

	Symbol	Grade	Weight in MVPL	Weight in QQQT	Overlap

MVPL Overweight 1 Positions Relative to QQQT

	Symbol	Grade	Weight
	SSO	B	99.92%

MVPL Underweight 1 Positions Relative to QQQT

	Symbol	Grade	Weight
	QQQ	B	-99.37%

MVPL: Top Represented Industries & Keywords

Industries:

Keywords: Capitalization Weighted Index ETF Exchange Traded Fund Leveraged ETF Real Estate Investment Trust S&P 500 Index CBOE Stock Market Index Ultra ETF

QQQT: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Exchange Traded Funds Invesco Powershares Nasdaq 100 Nasdaq 100 Index Nasdaq Composite Index Stock Market Index