ARP vs. MAMB ETF Comparison

Comparison of PMV Adaptive Risk Parity ETF (ARP) to Monarch Ambassador Income ETF (MAMB)

ARP

PMV Adaptive Risk Parity ETF

ARP Description

The PMV Adaptive Risk Parity ETF (the “Fund”) is an actively managed fund that seeks to generate capital appreciation, with lower volatility and reduced correlation to the overall equity market, by taking advantage of broad asset class trends throughout the market cycle.

Grade (RS Rating)

Last Trade

$28.76

Average Daily Volume

3,265

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MAMB

Monarch Ambassador Income ETF

MAMB Description

The investment seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview Ambassador Income Index. The fund generally invests at least 80% of its total assets in the constituents of the index. The index is designed to measure the performance of an investable universe of fixed income securities of varying credit quality and duration, including corporate bonds, lower-quality bonds, known as "high yield" or "junk" bonds, treasury bonds, municipal bonds, mortgage backed securities and convertible bonds, that provide broad exposure to the U.S. and global bond market.

Grade (RS Rating)

Last Trade

$22.53

Average Daily Volume

23,593

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ARP	MAMB
30 Days	-0.77%	-1.27%
60 Days	0.21%	-3.96%
90 Days	1.24%	-2.64%
12 Months	16.52%	5.60%

0 Overlapping Holdings

	Symbol	Grade	Weight in ARP	Weight in MAMB	Overlap

ARP Overweight 5 Positions Relative to MAMB

Symbol	Grade	Weight
SHV	A	20.23%
PHYS	C	18.55%
QQQ	B	5.27%
USDU	A	3.11%
PDBC	C	1.46%

ARP Underweight 5 Positions Relative to MAMB

Symbol	Grade	Weight
IEF	F	-19.99%
BAB	C	-12.59%
MBB	D	-12.56%
IAU	C	-11.81%
SHY	C	-5.04%

ARP: Top Represented Industries & Keywords

Industries:

MAMB: Top Represented Industries & Keywords

Industries: