MVPA vs. FBCV ETF Comparison

Comparison of Advisor Managed Portfolios Miller Value Partners Appreciation ETF (MVPA) to Fidelity Blue Chip Value ETF (FBCV)

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

$36.25

Average Daily Volume

4,252

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FBCV

Fidelity Blue Chip Value ETF

FBCV Description

The investment seeks long-term growth of capital. Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.51

Average Daily Volume

10,926

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVPA	FBCV
30 Days	8.03%	1.20%
60 Days	9.40%	2.28%
90 Days	15.00%	4.96%
12 Months		20.42%

1 Overlapping Holdings

	Symbol	Grade	Weight in MVPA	Weight in FBCV	Overlap
	CNC	F	4.71%	2.14%	2.14%

MVPA Overweight 30 Positions Relative to FBCV

Symbol	Grade	Weight
BFH	B	6.02%
CTO	B	5.18%
CPNG	D	4.87%
JXN	C	4.87%
MSTR	B	4.69%
SMLR	A	4.51%
ZD	B	4.19%
PYPL	B	3.9%
CROX	F	3.8%
IBTA	D	3.42%
TTE	F	3.32%
ATKR	D	2.95%
T	A	2.92%
LNC	B	2.85%
CTRN	F	2.84%
QUAD	C	2.82%
WAL	B	2.79%
TOST	A	2.58%
PRDO	B	2.51%
FTI	A	2.5%
FOUR	A	2.44%
ARLP	A	2.06%
VTRS	A	2.02%
ABNB	C	1.95%
BLDR	F	1.9%
LAD	B	1.67%
BKE	B	1.52%
MTCH	F	1.49%
EXFY	A	0.87%
CHRD	F	0.09%

MVPA Underweight 82 Positions Relative to FBCV

Symbol	Grade	Weight
XOM	A	-4.38%
JPM	B	-3.47%
CMCSA	B	-2.85%
UNH	B	-2.81%
TRV	B	-2.81%
CI	D	-2.77%
BRK.A	B	-2.65%
PCG	A	-2.45%
DIS	B	-2.37%
BAC	A	-2.36%
CSCO	B	-2.17%
DE	C	-2.03%
KVUE	A	-1.98%
AZN	F	-1.83%
JNJ	D	-1.78%
CB	D	-1.75%
BMY	B	-1.7%
HRB	D	-1.7%
WFC	A	-1.64%
EIX	C	-1.5%
KO	D	-1.38%
NOC	D	-1.38%
ELV	F	-1.36%
CTSH	B	-1.35%
GEN	B	-1.35%
PNC	B	-1.33%
CVS	D	-1.27%
PG	C	-1.26%
LMT	D	-1.24%
WTW	B	-1.23%
KDP	D	-1.2%
GILD	B	-1.13%
DOX	D	-1.13%
NGG	D	-1.11%
PNR	B	-1.1%
LOW	C	-1.06%
USFD	A	-1.0%
CF	A	-0.99%
HLN	C	-0.98%
ROST	D	-0.97%
MTB	A	-0.96%
FDX	B	-0.91%
USB	A	-0.87%
MRK	F	-0.87%
NTRS	A	-0.86%
SRE	A	-0.83%
APO	B	-0.77%
JCI	B	-0.76%
CCI	C	-0.76%
CCEP	D	-0.74%
MDLZ	F	-0.74%
CCK	D	-0.73%
TSN	B	-0.72%
RRX	B	-0.69%
NEE	C	-0.67%
EQNR	C	-0.66%
LHX	B	-0.64%
BJ	B	-0.63%
DEO	F	-0.62%
MMS	D	-0.59%
AES	F	-0.56%
MU	D	-0.5%
OXY	D	-0.49%
SPG	A	-0.45%
CMI	A	-0.41%
MUSA	B	-0.39%
SO	C	-0.38%
CHRW	B	-0.38%
G	B	-0.32%
TPR	B	-0.31%
ALSN	B	-0.3%
SNY	F	-0.3%
OVV	B	-0.28%
OTEX	F	-0.28%
GEV	A	-0.26%
BNTX	D	-0.26%
CFR	B	-0.21%
OSK	C	-0.16%
NXPI	F	-0.15%
AVGO	D	-0.14%
AR	B	-0.12%
ULTA	F	-0.1%