RVER vs. KLXY ETF Comparison

Comparison of Advisor Managed Portfolios Trenchless Fund ETF (RVER) to KraneShares Global Luxury Index ETF (KLXY)

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

$29.27

Average Daily Volume

7,494

Number of Holdings ^*

16

* may have additional holdings in another (foreign) market

KLXY

KraneShares Global Luxury Index ETF

KLXY Description

Under normal circumstances, the fund will invest at least 80% of its net assets in instruments in its underlying index or in instruments that have economic characteristics similar to those in the underlying index. The underlying index is a modified, free float adjusted market capitalization weighted index designed to measure the equity performance of companies in developed markets from global luxury-related sectors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.00

Average Daily Volume

905

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	RVER	KLXY
30 Days	4.37%	-6.07%
60 Days	9.69%	-4.93%
90 Days	16.69%	-9.14%
12 Months		-9.03%

0 Overlapping Holdings

	Symbol	Grade	Weight in RVER	Weight in KLXY	Overlap

RVER Overweight 16 Positions Relative to KLXY

	Symbol	Grade	Weight
	LYFT	C	9.0%
	GOOGL	B	6.26%
	SNOW	C	5.29%
	SNAP	D	5.18%
	AMZN	B	5.02%
	DKNG	B	4.84%
	ULTA	F	4.69%
	MSFT	D	4.47%
	MRK	F	4.34%
	WDAY	C	4.33%
	SMCI	F	3.86%
	NVDA	A	3.85%
	SQ	A	3.81%
	TSM	C	3.65%
	PINS	F	3.48%
	PANW	A	3.48%

RVER Underweight 10 Positions Relative to KLXY

	Symbol	Grade	Weight
	DECK	A	-4.99%
	EL	F	-4.5%
	TPR	B	-4.45%
	RL	C	-2.93%
	VFC	C	-2.56%
	MTN	C	-2.4%
	CPRI	F	-1.87%
	SIG	C	-1.64%
	COTY	F	-1.13%
	IPAR	B	-0.81%

RVER: Top Represented Industries & Keywords

Industries: Software - Application Internet Content & Information Semiconductors Specialty Retail Computer Hardware Drug Manufacturers - Major Gambling Software - Infrastructure

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Work From Home Cloud Computing Hyperscale Software Artificial Intelligence Digital Media Games Mobile Devices Online Retail Operating System Smartphones Social Media Sql Advertising Network Advertising Products Advertising Services

KLXY: Top Represented Industries & Keywords

Industries: Apparel Manufacturing Household & Personal Products Luxury Goods Footwear & Accessories Resorts & Casinos

Keywords: Fashion Department Store Clothing Handbags Luxury Brands S&P 500 Cosmetics Eye Fragrance Products Perfume Retail Store Apparel Products Body Care Products Denim E Commerce Eyewear Leather Market Retailers Outlet Store Retailers