ARP vs. TBFG ETF Comparison

Comparison of PMV Adaptive Risk Parity ETF (ARP) to The Brinsmere Fund Growth ETF (TBFG)

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

TBFG

The Brinsmere Fund Growth ETF

TBFG Description

The fund is an actively managed fund of funds, which seeks to achieve its investment objective by investing in a globally diversified portfolio of equity and bond markets. It systematically adjusts its holdings using two proprietary strategies developed by the fund"s investment adviser, The Milwaukee Company, that are run independently. Those strategies are the Systematic Market Beta Strategy ("SMB") and the Classic Asset Allocation Revisited Strategy ("CAAR"). SMB and CAAR systematically rebalance the underlying funds in which the fund may invest based on a set of proprietary risk-management techniques.

Grade (RS Rating)

Last Trade

$27.77

Average Daily Volume

770

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ARP	TBFG
30 Days	-0.77%	-0.14%
60 Days	0.21%	0.81%
90 Days	1.24%	3.13%
12 Months	16.52%

3 Overlapping Holdings

Symbol	Grade	Weight in ARP	Weight in TBFG	Overlap
PDBC	C	1.46%	0.54%	0.54%
QQQ	B	5.27%	6.9%	5.27%
SHV	A	20.23%	4.93%	4.93%

ARP Overweight 2 Positions Relative to TBFG

	Symbol	Grade	Weight
	PHYS	C	18.55%
	USDU	A	3.11%

ARP Underweight 7 Positions Relative to TBFG

Symbol	Grade	Weight
RSP	A	-13.32%
MGK	B	-5.38%
XCEM	D	-4.53%
VCIT	D	-2.55%
IWP	A	-2.55%
XLRE	C	-2.27%
BCI	C	-1.85%

ARP: Top Represented Industries & Keywords

Industries:

TBFG: Top Represented Industries & Keywords

Industries: