VABS vs. MVPA ETF Comparison

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

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

$24.19

Average Daily Volume

2,623

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$32.89

Average Daily Volume

3,988

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VABS	MVPA
30 Days	-0.68%	2.28%
60 Days	-0.53%	4.40%
90 Days	0.14%	7.47%
12 Months	6.22%

1 Overlapping Holdings

	Symbol	Grade	Weight in VABS	Weight in MVPA	Overlap
	CTO	B	0.29%	5.35%	0.29%

VABS Overweight 49 Positions Relative to MVPA

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

VABS Underweight 29 Positions Relative to MVPA

Symbol	Grade	Weight
CNC	D	-7.77%
TTE	F	-6.71%
CPNG	B	-5.77%
BFH	C	-5.61%
JXN	B	-4.79%
PYPL	B	-4.03%
CROX	F	-3.76%
ZD	F	-3.69%
IBTA	A	-3.66%
MSTR	B	-3.62%
CTRN	C	-3.21%
T	A	-3.11%
ATKR	F	-2.97%
WAL	C	-2.71%
FOUR	B	-2.41%
FTI	B	-2.38%
PRDO	B	-2.32%
ARLP	A	-2.19%
ABNB	B	-2.15%
QUAD	A	-2.12%
TOST	A	-2.1%
BLDR	F	-2.09%
LNC	A	-2.02%
VTRS	B	-1.96%
MTCH	C	-1.91%
LAD	A	-1.63%
BKE	C	-1.47%
SMLR	C	-0.42%
CHRD	F	-0.09%