RVER vs. AWEG ETF Comparison

Comparison of Advisor Managed Portfolios Trenchless Fund ETF (RVER) to Alger Weatherbie Enduring Growth ETF (AWEG)

RVER

Advisor Managed Portfolios Trenchless Fund ETF

RVER Description

RVER seeks to outperform the S&P 500 Index over all time horizons through a narrow exposure to the US equity market. The fund typically invests in approximately 12 to 30 US-listed stocks of any market capitalization. The portfolio construction starts by screening companies based on valuation metrics such as free cash flow, net income, EBITDA, and revenue. Securities are then assessed using growth factors, including top and bottom-line revenue and net income growth. This analysis seeks to exclude firms with negative outliers and those the sub-adviser believes are likely to miss earnings expectations. The remaining companies are screened based on a review of the number and size of institutional holders. After these three initial screens, the sub-adviser ranks and selects from the remaining companies based on its view of positive price change potential. As an actively managed fund, the sub-adviser has full discretion to make buy, sell, and hold decisions at any time.

Grade (RS Rating)

Last Trade

$25.26

Average Daily Volume

5,656

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AWEG

Alger Weatherbie Enduring Growth ETF

AWEG Description

The fund invests primarily in equity securities of mid-cap growth companies with an environmental, social and governance ("ESG") rating of medium or better, as rated by Sustainalytics, a third-party ESG rating agency, at the time of purchase. Under normal circumstances, 80% of companies in the fund"s portfolio, based on net assets, will have a Sustainalytics ESG rating. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.55

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RVER	AWEG
30 Days	-0.37%	0.48%
60 Days	3.55%	5.98%
90 Days	2.17%	3.33%
12 Months		13.20%

0 Overlapping Holdings

	Symbol	Grade	Weight in RVER	Weight in AWEG	Overlap

RVER Overweight 10 Positions Relative to AWEG

Symbol	Grade	Weight
META	B	7.34%
AMD	B	6.75%
BMBL	F	6.68%
SNAP	C	6.09%
LULU	F	5.89%
RNG	D	5.87%
LYFT	F	5.82%
EXPE	C	5.13%
TOL	D	5.08%
AKAM	F	4.9%

RVER Underweight 9 Positions Relative to AWEG

Symbol	Grade	Weight
TDG	D	-11.24%
CWST	B	-7.91%
GKOS	A	-4.79%
WCN	A	-4.75%
VERX	B	-4.17%
PCTY	F	-4.11%
SPSC	B	-3.86%
PI	C	-3.85%
STEP	A	-3.75%

RVER: Top Represented Industries & Keywords

Industries: Software - Application Internet Content & Information Apparel Stores Leisure Residential Construction Semiconductors