MVPA vs. MDIV ETF Comparison

Comparison of Advisor Managed Portfolios Miller Value Partners Appreciation ETF (MVPA) to Multi-Asset Diversified Income Index Fund (MDIV)

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

$35.91

Average Daily Volume

4,229

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MDIV

Multi-Asset Diversified Income Index Fund

MDIV Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the NASDAQ Multi-Asset Diversified Income Index. The index is designed to provide access to a diversified portfolio of small, mid and large capitalization income producing securities, which are composed of domestic and international dividend-paying stocks, REITs, oil and gas or basic materials MLPs, U.S.-listed preferred securities and an index-based ETF that invests in high yield or "junk" bonds.

Grade (RS Rating)

Last Trade

$16.67

Average Daily Volume

86,599

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

Performance

Period	MVPA	MDIV
30 Days	9.32%	1.28%
60 Days	10.45%	0.73%
90 Days	13.04%	2.82%
12 Months		17.80%

4 Overlapping Holdings

Symbol	Grade	Weight in MVPA	Weight in MDIV	Overlap
ARLP	A	2.06%	1.41%	1.41%
CHRD	D	0.09%	0.54%	0.09%
T	A	2.92%	0.6%	0.6%
VTRS	A	2.02%	0.39%	0.39%

MVPA Overweight 27 Positions Relative to MDIV

Symbol	Grade	Weight
BFH	C	6.02%
CTO	B	5.18%
CPNG	D	4.87%
JXN	C	4.87%
CNC	D	4.71%
MSTR	B	4.69%
SMLR	B	4.51%
ZD	B	4.19%
PYPL	B	3.9%
CROX	D	3.8%
IBTA	C	3.42%
TTE	F	3.32%
ATKR	D	2.95%
LNC	C	2.85%
CTRN	F	2.84%
QUAD	C	2.82%
WAL	B	2.79%
TOST	B	2.58%
PRDO	B	2.51%
FTI	A	2.5%
FOUR	A	2.44%
ABNB	C	1.95%
BLDR	D	1.9%
LAD	A	1.67%
BKE	B	1.52%
MTCH	D	1.49%
EXFY	A	0.87%

MVPA Underweight 99 Positions Relative to MDIV

Symbol	Grade	Weight
HYLS	B	-20.0%
IEP	F	-1.51%
PMT	C	-1.47%
DMLP	A	-1.3%
BSM	B	-1.28%
KRP	B	-1.27%
DKL	C	-1.2%
CAPL	C	-1.17%
USAC	B	-1.16%
AGNCN	A	-1.09%
APLE	B	-1.05%
LADR	B	-1.03%
EPR	C	-0.99%
GLP	A	-0.96%
MPLX	A	-0.95%
LTC	B	-0.94%
CQP	B	-0.92%
ET	A	-0.91%
NRP	B	-0.89%
WES	C	-0.86%
GTY	A	-0.84%
HST	C	-0.83%
EPD	A	-0.82%
FITBI	B	-0.79%
GLPI	C	-0.79%
CHSCO	B	-0.78%
SPG	A	-0.77%
CHSCL	B	-0.76%
SUN	B	-0.74%
AAT	B	-0.72%
CHSCN	D	-0.72%
RZC	C	-0.72%
PAA	B	-0.71%
VICI	C	-0.71%
IIPR	D	-0.71%
FCPT	C	-0.71%
CHSCM	D	-0.69%
PAGP	A	-0.67%
NHI	D	-0.65%
WU	F	-0.64%
NNN	C	-0.64%
BRX	A	-0.63%
ALEX	B	-0.62%
LAMR	C	-0.61%
VZ	C	-0.6%
CTRE	C	-0.6%
CDP	C	-0.58%
REG	A	-0.57%
MAA	B	-0.57%
PSA	C	-0.56%
CUBE	C	-0.56%
BMY	B	-0.55%
ENLC	A	-0.51%
OKE	A	-0.51%
FANG	C	-0.47%
TROW	B	-0.46%
DTM	A	-0.45%
NWE	B	-0.45%
GILD	C	-0.44%
EVRG	A	-0.44%
GEL	D	-0.44%
ETR	B	-0.44%
BKH	A	-0.43%
AVA	A	-0.43%
HMN	B	-0.42%
PINC	B	-0.42%
SR	A	-0.42%
LYB	F	-0.41%
CVX	A	-0.41%
PRU	A	-0.4%
PNM	B	-0.39%
XEL	A	-0.39%
EXC	C	-0.38%
CAG	F	-0.38%
OGS	A	-0.38%
KHC	F	-0.38%
ES	C	-0.37%
FLO	D	-0.37%
WEC	A	-0.37%
DVN	F	-0.36%
POR	C	-0.36%
PNC	B	-0.36%
MSM	C	-0.36%
DRI	B	-0.36%
FE	C	-0.35%
IBM	C	-0.34%
IPG	D	-0.34%
EIX	B	-0.34%
DUK	C	-0.34%
NJR	A	-0.34%
SJM	D	-0.33%
FAF	A	-0.33%
SON	F	-0.32%
NFG	A	-0.32%
KMB	C	-0.31%
MDT	D	-0.31%
AEP	C	-0.31%
GIS	D	-0.3%
NMM	D	-0.05%