MVPA vs. CBLS ETF Comparison

Comparison of Advisor Managed Portfolios Miller Value Partners Appreciation ETF (MVPA) to Changebridge Capital Long/Short Equity ETF (CBLS)

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

$30.45

Average Daily Volume

2,000

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CBLS

Changebridge Capital Long/Short Equity ETF

CBLS Description

The investment seeks long-term capital appreciation while minimizing volatility. The Adviser also considers an assessment of a company's ESG attributes in determining the attractiveness of an investment opportunity. In general, the fund's investments are broadly invested over a number of sectors, but it may focus on the technology, consumer, and healthcare sectors. Under normal circumstances, at least 80% of the fund's net assets, plus borrowings for investment purposes, will be invested long or short in equity securities, including common stocks and depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.93

Average Daily Volume

24,772

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVPA	CBLS
30 Days	-1.97%	1.83%
60 Days	-2.15%	9.58%
90 Days	-3.04%	13.02%
12 Months		33.24%

0 Overlapping Holdings

	Symbol	Grade	Weight in MVPA	Weight in CBLS	Overlap

MVPA Overweight 10 Positions Relative to CBLS

Symbol	Grade	Weight
CPNG	D	9.19%
CNC	D	7.62%
PUBM	D	6.3%
CTO	A	5.86%
BFH	A	4.78%
MSTR	D	4.39%
VTRS	F	3.85%
JXN	B	3.85%
MBC	F	3.79%
CROX	C	3.79%

MVPA Underweight 81 Positions Relative to CBLS

Symbol	Grade	Weight
LLY	B	-2.69%
TSM	A	-2.55%
LNG	B	-2.55%
DELL	B	-2.47%
MU	C	-2.43%
CRSP	F	-2.42%
MMYT	A	-2.41%
LRCX	A	-2.33%
NVDA	B	-2.3%
MSFT	A	-2.26%
STRL	D	-2.26%
AAPL	A	-2.21%
IBN	A	-2.2%
ASML	A	-2.18%
SN	C	-2.16%
SBUX	F	-2.08%
OSW	B	-2.02%
WTTR	B	-1.99%
NARI	C	-1.99%
NU	B	-1.98%
HLX	A	-1.96%
CHK	C	-1.95%
SKY	F	-1.94%
TDG	D	-1.88%
RDDT	A	-1.87%
AVGO	B	-1.85%
GTLS	D	-1.81%
RIG	D	-1.8%
ERJ	D	-1.8%
ECL	B	-1.73%
ONON	C	-1.67%
RTX	D	-1.67%
ARCO	D	-1.66%
MGNI	B	-1.65%
AEHR	F	-1.63%
GD	D	-1.61%
ICFI	D	-1.6%
KLAC	B	-1.43%
BKNG	B	-1.33%
MELI	D	-1.23%
NOW	B	--0.48%
SIG	F	--0.71%
CWAN	C	--0.71%
HAYW	F	--0.74%
FIGS	D	--0.76%
SITE	F	--0.76%
LAD	D	--0.8%
BC	F	--0.81%
CTVA	D	--0.82%
HELE	F	--0.83%
MIDD	F	--0.86%
PAYX	D	--0.86%
ROK	D	--0.86%
CHH	C	--0.87%
BX	C	--0.87%
ENR	C	--0.88%
BXP	B	--0.88%
KEY	C	--0.9%
APO	A	--0.91%
SEDG	F	--0.91%
ARE	C	--0.91%
BGFV	F	--0.94%
IBM	B	--0.95%
FAST	F	--0.95%
OZK	D	--0.95%
CMA	C	--0.98%
PLUG	F	--0.99%
MPW	F	--0.99%
KMT	F	--1.0%
PH	C	--1.0%
IR	D	--1.01%
ZION	B	--1.01%
MTB	B	--1.04%
DASH	D	--1.17%
GPS	C	--1.22%
INTC	D	--1.34%
F	B	--1.41%
HOG	F	--1.43%
DECK	C	--1.44%
TSLA	B	--1.48%
CVNA	B	--1.51%