VWI vs. PMIO ETF Comparison

Comparison of Trust For Advised Portfolios Arch Indices VOI Absolute Income Fund (VWI) to PGIM Municipal Income Opportunities ETF (PMIO)

VWI

Trust For Advised Portfolios Arch Indices VOI Absolute Income Fund

VWI Description

The fund is an exchange-traded fund ("ETF") that uses a "passive management" (or indexing) investment approach to track the performance, before fees and expenses, of the index. The fund primarily invests in securities comprising the index.

Grade (RS Rating)

Last Trade

$27.36

Average Daily Volume

1,478

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

PMIO

PGIM Municipal Income Opportunities ETF

PMIO Description

Under normal circumstances, the fund invests at least 80% of its investable assets in municipal obligations whose income is exempt from federal income taxes. For purposes of this policy, such municipal obligations include zero coupon bonds, variable rate demand obligations, short term municipal notes, tax-exempt commercial paper, municipal lease obligations etc.

Grade (RS Rating)

Last Trade

$51.05

Average Daily Volume

251

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

Performance

Period	VWI	PMIO
30 Days	-1.13%	0.48%
60 Days	-0.64%	0.21%
90 Days	0.23%	0.72%
12 Months	11.38%

1 Overlapping Holdings

	Symbol	Grade	Weight in VWI	Weight in PMIO	Overlap
	VTEB	B	0.37%	3.67%	0.37%

VWI Overweight 107 Positions Relative to PMIO

	Symbol	Grade	Weight
	JAAA	A	28.39%
	ARCC	A	3.96%
	USHY	A	3.17%
	BXSL	A	1.89%
	CME	B	1.66%
	VCIT	D	1.51%
	VGIT	D	1.49%
	MO	A	1.37%
	BTI	B	1.31%
	MAIN	A	1.22%
	VALE	F	1.21%
	CIG	C	0.98%
	LYB	F	0.97%
	CIB	B	0.91%
	CSCO	B	0.86%
	VOD	F	0.78%
	IBM	C	0.76%
	FHI	B	0.74%
	WU	F	0.72%
	BKE	B	0.7%
	BBD	D	0.68%
	WEN	D	0.67%
	PNM	B	0.67%
	ABEV	F	0.64%
	KMI	A	0.62%
	SBRA	C	0.61%
	KNTK	A	0.61%
	NGG	D	0.59%
	DOW	F	0.58%
	AY	A	0.57%
	HSBC	A	0.56%
	VIV	F	0.53%
	EPR	C	0.53%
	EVRG	A	0.52%
	AMCR	C	0.51%
	EQNR	C	0.49%
	AFG	A	0.47%
	C	A	0.46%
	E	F	0.45%
	STLA	F	0.45%
	PAYX	B	0.45%
	XRX	F	0.45%
	CPA	D	0.43%
	RIO	D	0.43%
	TFC	A	0.42%
	MSM	C	0.41%
	ABBV	F	0.4%
	FHB	B	0.39%
	BMY	B	0.38%
	PFE	F	0.38%
	LMT	D	0.37%
	UMC	F	0.36%
	PINC	B	0.36%
	HON	C	0.36%
	UPS	C	0.35%
	MAN	F	0.35%
	MS	A	0.34%
	PMT	C	0.32%
	NVS	F	0.31%
	ERIC	C	0.31%
	AXS	A	0.31%
	GILD	C	0.31%
	VZ	C	0.3%
	KMB	C	0.29%
	PRU	A	0.29%
	STWD	C	0.29%
	INSW	F	0.28%
	INFY	C	0.27%
	MTN	C	0.27%
	WM	B	0.26%
	CAH	B	0.26%
	DUK	C	0.26%
	GLW	B	0.26%
	TXN	C	0.26%
	GGB	C	0.26%
	CBRL	C	0.26%
	MDT	D	0.26%
	VIRT	A	0.25%
	DRI	B	0.25%
	TEF	C	0.23%
	GSK	F	0.22%
	CNH	C	0.21%
	VTRS	A	0.21%
	T	A	0.2%
	CRI	F	0.19%
	ENR	B	0.19%
	WHR	B	0.19%
	WBA	F	0.19%
	MRK	D	0.19%
	JNPR	D	0.18%
	PM	B	0.18%
	PSEC	D	0.17%
	DEA	D	0.16%
	CLX	A	0.16%
	OHI	C	0.16%
	OTEX	F	0.15%
	GRMN	B	0.15%
	BAX	F	0.14%
	DTM	A	0.14%
	ZTO	F	0.14%
	MMM	D	0.14%
	CIVI	D	0.13%
	BKR	A	0.13%
	GLPI	C	0.13%
	IPG	D	0.12%
	FRO	D	0.11%
	NUS	D	0.08%

VWI Underweight 1 Positions Relative to PMIO

	Symbol	Grade	Weight
	MUB	B	-3.22%

VWI: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Telecom Services Asset Management Utilities - Regulated Electric Communication Equipment Household & Personal Products Information Technology Services Oil & Gas Midstream REIT - Diversified Restaurants Tobacco Banks - Global Banks - Regional - Latin America Banks - Regional - US Capital Markets Diversified Industrials Electronic Components Industrial Metals & Minerals Insurance - Property & Casualty Integrated Shipping & Logistics

Keywords: S&P 500 Natural Gas Bank Crude Oil Electricity Telecommunications Dow Jones Component Nasdaq 100 Banking Exchange Traded Fund Real Estate Investment Trust Computing Financial Products Infection Infectious Diseases Medicine Antibiotics Bond Broadband Cloud Computing

PMIO: Top Represented Industries & Keywords

Industries:

Keywords: Bond ETF Exchange Traded Fund Alternative Minimum Tax Bond Market Bond Market Indices Municipal Bond Revenue Bond Stock Fund