MARB vs. MVPA ETF Comparison

Comparison of First Trust Merger Arbitrage ETF (MARB) to Advisor Managed Portfolios Miller Value Partners Appreciation ETF (MVPA)
MARB

First Trust Merger Arbitrage ETF

MARB Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.

Grade (RS Rating)

Last Trade

$19.71

Average Daily Volume

29,505

Number of Holdings *

29

* 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

$30.23

Average Daily Volume

1,991

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period MARB MVPA
30 Days -0.05% -1.84%
60 Days 0.54% -3.83%
90 Days -0.20% -4.04%
12 Months 0.75%
0 Overlapping Holdings
Symbol Grade Weight in MARB Weight in MVPA Overlap
MARB Overweight 29 Positions Relative to MVPA
Symbol Grade Weight
ACI F 4.76%
AMED A 4.5%
EDR A 4.4%
AXNX B 3.87%
HCP A 3.44%
AMK B 3.42%
X C 3.37%
ANSS C 3.35%
JNPR B 3.29%
HTLF B 3.27%
DFS B 3.02%
HES D 3.0%
CTLT B 2.91%
CERE C 2.83%
VZIO B 2.81%
ETRN D 2.73%
CHX C 2.71%
PRFT B 2.44%
MGRC D 2.23%
NWLI A 2.06%
CPRI D 1.3%
PFS D -0.05%
WSC F -0.94%
SNPS B -2.2%
EQT D -2.8%
CVX D -3.34%
COF D -3.42%
UMBF C -3.46%
SLB D -4.1%
MARB Underweight 10 Positions Relative to MVPA
Symbol Grade Weight
CPNG C -9.19%
CNC D -7.62%
PUBM D -6.3%
CTO B -5.86%
BFH B -4.78%
MSTR D -4.39%
VTRS D -3.85%
JXN C -3.85%
MBC F -3.79%
CROX C -3.79%
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