MVPA vs. KIE ETF Comparison

Comparison of Advisor Managed Portfolios Miller Value Partners Appreciation ETF (MVPA) to SPDR S&P Insurance ETF (KIE)

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

$36.68

Average Daily Volume

4,255

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KIE

SPDR S&P Insurance ETF

KIE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies in the insurance industry. In seeking to track the performance of the S&P Insurance Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the insurance industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$61.01

Average Daily Volume

1,061,851

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVPA	KIE
30 Days	11.68%	6.49%
60 Days	12.99%	7.62%
90 Days	15.49%	10.98%
12 Months		38.27%

1 Overlapping Holdings

	Symbol	Grade	Weight in MVPA	Weight in KIE	Overlap
	LNC	B	3.82%	2.21%	2.21%

MVPA Overweight 28 Positions Relative to KIE

Symbol	Grade	Weight
MSTR	C	6.25%
BFH	B	5.92%
ATKR	C	5.37%
SMLR	B	5.11%
CTO	B	5.09%
ZD	C	4.82%
CNC	D	4.79%
CPNG	D	4.79%
JXN	C	4.4%
PYPL	B	3.86%
CROX	D	3.7%
T	A	3.03%
IBTA	C	2.86%
TOST	B	2.8%
CTRN	D	2.72%
WAL	B	2.69%
PRDO	B	2.68%
QUAD	C	2.6%
FOUR	B	2.52%
FTI	A	2.5%
ARLP	A	2.24%
VTRS	A	2.07%
ABNB	C	1.99%
BLDR	D	1.87%
LAD	A	1.68%
BKE	B	1.52%
EXFY	B	0.95%
CHRD	D	0.09%

MVPA Underweight 49 Positions Relative to KIE

Symbol	Grade	Weight
GSHD	A	-2.49%
UNM	A	-2.45%
BHF	B	-2.23%
KMPR	B	-2.2%
CNO	A	-2.2%
PRI	A	-2.17%
RLI	B	-2.15%
AGO	B	-2.13%
AIZ	A	-2.09%
WTM	A	-2.08%
THG	A	-2.07%
RYAN	B	-2.06%
CINF	A	-2.05%
AXS	A	-2.04%
MKL	A	-2.04%
SIGI	C	-2.03%
PRU	A	-2.02%
AON	A	-2.02%
WTW	B	-2.02%
MET	A	-2.02%
GNW	A	-2.02%
TRV	B	-2.01%
RGA	A	-2.0%
ORI	A	-1.99%
PFG	D	-1.98%
BRO	B	-1.98%
L	A	-1.97%
AFG	A	-1.97%
GL	B	-1.96%
ALL	A	-1.94%
AIG	B	-1.93%
WRB	A	-1.91%
KNSL	B	-1.9%
PGR	A	-1.88%
FNF	B	-1.88%
ESGR	B	-1.88%
HIG	B	-1.88%
AFL	B	-1.88%
AJG	B	-1.85%
CB	C	-1.85%
RNR	C	-1.85%
FAF	A	-1.82%
MMC	B	-1.8%
EG	C	-1.78%
PLMR	B	-1.75%
ACGL	D	-1.66%
ERIE	D	-1.45%
STC	B	-1.38%
OSCR	D	-1.33%