DAPP vs. MVPA ETF Comparison

Comparison of VanEck Vectors Digital Transformation ETF (DAPP) to Advisor Managed Portfolios Miller Value Partners Appreciation ETF (MVPA)

DAPP

VanEck Vectors Digital Transformation ETF

DAPP Description

DAPP seeks to track, as closely as possible, the price and yield performance of the MVIS Global Digital Assets Equity Index ("The Index"), a rules-based modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of companies involved in digital assets. As the Index is designed to be a pure-play overview of the relevant players in the space, to be eligible for inclusion, a company must (i) generate at least 50% of its revenues from digital assets projects; (ii) generate at least 50% of its revenues from projects that, when developed, have the potential to generate at least 50% of their revenues from digital assets or digital asset projects; and/or (iii) have at least 50% of its assets invested in direct digital asset holdings or digital asset projects. The Index provides significant exposure to key companies in mining, hardware, exchanges, holding and trading, payment gateways, patents and services, and banking. The Fund will not invest in digital assets (including cryptocurrencies) (i) directly or (ii) indirectly through the use of digital asset derivatives. The Index rebalances quarterly.

Grade (RS Rating)

Last Trade

$12.00

Average Daily Volume

196,914

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

$30.88

Average Daily Volume

2,049

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DAPP	MVPA
30 Days	4.90%	0.60%
60 Days	31.58%	-1.27%
90 Days	27.66%	0.64%
12 Months	41.84%

1 Overlapping Holdings

	Symbol	Grade	Weight in DAPP	Weight in MVPA	Overlap
	MSTR	D	5.41%	4.09%	4.09%

DAPP Overweight 11 Positions Relative to MVPA

Symbol	Grade	Weight
SQ	D	7.5%
COIN	D	6.7%
MARA	D	6.64%
APLD	C	6.12%
WULF	C	5.55%
CLSK	D	5.53%
IREN	C	4.98%
RIOT	F	4.71%
CIFR	C	4.27%
BTBT	C	3.88%
CAN	D	3.32%

DAPP Underweight 9 Positions Relative to MVPA

Symbol	Grade	Weight
CNC	D	-7.28%
PUBM	D	-6.03%
CTO	A	-5.94%
BFH	A	-5.26%
CPNG	D	-5.16%
CHRD	D	-4.87%
CART	C	-3.91%
JXN	B	-3.88%
CROX	D	-3.66%