FPAG vs. MGRO ETF Comparison

Comparison of FPA Global Equity ETF (FPAG) to SHL Telemedicine Ltd VanEck Morningstar Wide Moat Growth ETF (MGRO)

FPAG

FPA Global Equity ETF

FPAG Description

Although the adviser has adopted a policy to invest at least 80% of its assets in equity securities, the adviser expects to invest, under normal circumstances, at least 95% of the fund?s assets in equity securities. The fund invests primarily in publicly traded common stocks of mid- and large-cap U.S. and non-U.S. companies, including companies in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.75

Average Daily Volume

25,748

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MGRO

SHL Telemedicine Ltd VanEck Morningstar Wide Moat Growth ETF

MGRO Description

The fund invests at least 80% of its total assets in securities that comprise the index. The index is comprised of equity securities of companies that Morningstar, Inc. determines have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors and are attractively priced and weighted according to a modified equal weighting scheme that tilts exposure in favor of pure growth companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.33

Average Daily Volume

519

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPAG	MGRO
30 Days	0.08%	-2.61%
60 Days	1.01%	-0.97%
90 Days	5.63%	6.21%
12 Months	31.03%

2 Overlapping Holdings

	Symbol	Grade	Weight in FPAG	Weight in MGRO	Overlap
	AMZN	A	3.39%	4.13%	3.39%
	GOOGL	A	6.38%	2.11%	2.11%

FPAG Overweight 23 Positions Relative to MGRO

Symbol	Grade	Weight
META	B	5.35%
ADI	C	5.13%
C	A	4.88%
CMCSA	A	4.78%
TEL	A	4.58%
GOOG	A	4.17%
IFF	D	3.84%
WFC	B	3.66%
AON	A	2.69%
AVGO	B	2.26%
NXPI	C	2.21%
KMX	F	1.85%
CHTR	B	1.75%
KMI	B	1.72%
MAR	A	1.69%
FE	D	1.49%
HWM	B	1.29%
ICLR	F	1.26%
WAB	B	1.23%
UBER	C	1.16%
NFLX	A	0.66%
BABA	B	0.29%
PCG	B	0.21%

FPAG Underweight 36 Positions Relative to MGRO

Symbol	Grade	Weight
TRU	C	-5.2%
ADSK	B	-5.01%
CRM	A	-4.91%
ROK	B	-4.4%
VEEV	B	-4.35%
A	D	-4.17%
ADBE	F	-3.95%
EL	F	-3.89%
MKTX	B	-3.38%
ALLE	C	-2.89%
OTIS	B	-2.77%
HII	F	-2.69%
FTNT	B	-2.68%
TYL	A	-2.52%
EFX	D	-2.33%
IEX	A	-2.26%
VRSN	F	-2.16%
STZ	F	-2.11%
MSFT	D	-2.09%
CTVA	A	-2.05%
KEYS	C	-2.05%
ZBH	C	-2.04%
WST	B	-2.01%
WDAY	F	-1.99%
YUM	D	-1.96%
CLX	B	-1.63%
WAT	A	-1.49%
DIS	C	-1.23%
ETSY	D	-1.05%
TER	F	-1.0%
GEHC	D	-1.0%
NKE	F	-0.94%
BIO	A	-0.84%
LRCX	F	-0.81%
ICE	C	-0.46%
TMO	D	-0.29%

MGRO: Top Represented Industries & Keywords

Industries: Software - Application Diagnostics & Research Business Services Diversified Industrials Household & Personal Products Internet Content & Information Semiconductor Equipment & Materials Specialty Retail Aerospace & Defense Agricultural Inputs Beverages - Wineries & Distilleries Capital Markets Financial Data & Stock Exchanges Footwear & Accessories Health Information Services Health Information Services Media - Diversified Medical Devices Medical Instruments & Supplies Restaurants