MGMT vs. MVFD ETF Comparison

Comparison of Ballast Small/Mid Cap ETF (MGMT) to Monarch Volume Factor Dividend Tree Index ETF (MVFD)

MGMT

Ballast Small/Mid Cap ETF

MGMT Description

The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.

Grade (RS Rating)

Last Trade

$43.78

Average Daily Volume

12,246

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MVFD

Monarch Volume Factor Dividend Tree Index ETF

MVFD Description

MVFD focuses on equities demonstrating strong cash flow and dividend potential, shifting towards fixed income ETFs linked to US Treasurys in unfavorable cash flow scenarios. The fund seeks to mirror the performance of its target index, comprised of 40 equally weighted stocks selected for their financial health and income-producing ability, alongside up to 5 fixed income ETFs. Driving its selection process is the proprietary Volume Factor methodology, which examines stocks by analyzing the dynamics between market volume and price. This analysis is facilitated by a distinctive volume-price confirmation indicator. Evaluating a broad pool of 3,000 U.S. stocks, the methodology generates a composite score to rank and ensure that only the top-performing equities under positive financial conditions are chosen. MVFDs strategy aims for adaptability, modifying its equity-to-fixed income ratio based on prevailing financial trends. Furthermore, the index undergoes quarterly reconstitution to realign with market changes, optimizing the funds portfolio composition accordingly.

Grade (RS Rating)

Last Trade

$27.79

Average Daily Volume

6,318

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MGMT	MVFD
30 Days	15.23%	5.79%
60 Days	14.37%	6.41%
90 Days	16.31%	8.33%
12 Months	27.93%

1 Overlapping Holdings

	Symbol	Grade	Weight in MGMT	Weight in MVFD	Overlap
	BCO	D	1.54%	1.7%	1.54%

MGMT Overweight 43 Positions Relative to MVFD

Symbol	Grade	Weight
NRP	B	5.38%
AGM	C	3.65%
CVCO	A	3.49%
PHIN	A	3.41%
IGIC	B	3.36%
EXP	A	2.96%
CEIX	A	2.89%
TPB	B	2.75%
MTG	C	2.69%
AZZ	B	2.66%
CBNK	B	2.64%
BELFB	C	2.51%
CASS	B	2.36%
GEO	B	2.22%
LSTR	D	2.14%
IMXI	B	2.11%
PATK	D	2.03%
TDC	D	1.98%
BLCO	D	1.96%
LII	A	1.94%
ECVT	C	1.87%
G	B	1.58%
EPR	D	1.53%
BWA	D	1.5%
RCMT	C	1.46%
KOS	F	1.38%
KN	B	1.28%
CMPO	A	1.25%
TRIP	F	1.23%
GSM	D	1.22%
IPGP	D	1.13%
EPSN	B	1.12%
IMKTA	C	1.06%
BIOX	F	1.05%
IRMD	C	1.03%
EXTR	B	1.02%
GPRE	F	0.97%
CRMT	C	0.96%
NTIC	C	0.9%
DOX	D	0.9%
TKR	D	0.89%
UFPT	B	0.89%
RMNI	C	0.41%

MGMT Underweight 38 Positions Relative to MVFD

Symbol	Grade	Weight
MO	A	-3.74%
FOX	A	-3.57%
TGNA	B	-3.47%
FOXA	B	-3.36%
HLNE	B	-3.3%
BKH	A	-3.08%
VOYA	B	-3.0%
JHG	A	-2.92%
MATX	C	-2.88%
ADTN	A	-2.85%
ABM	B	-2.85%
QCOM	F	-2.71%
MLI	C	-2.7%
NYT	C	-2.62%
SR	A	-2.59%
EXPD	D	-2.47%
PM	B	-2.36%
LPX	B	-2.35%
RHI	B	-2.35%
WKC	D	-2.35%
MEI	D	-2.33%
SEM	B	-2.31%
AFL	B	-2.27%
CCK	C	-2.23%
GILD	C	-2.18%
CHRD	D	-2.17%
NTAP	C	-2.14%
CL	D	-2.13%
SSNC	B	-2.12%
AMKR	D	-2.08%
CME	A	-2.07%
WD	D	-2.05%
NRG	B	-2.04%
ALLY	C	-2.04%
TTC	D	-1.93%
EXPI	C	-1.9%
KBH	D	-1.87%
ADM	D	-1.86%