MVPA vs. MEDX ETF Comparison

Comparison of Advisor Managed Portfolios Miller Value Partners Appreciation ETF (MVPA) to Horizon Kinetics Medical ETF (MEDX)

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

$30.23

Average Daily Volume

1,991

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

MEDX

Horizon Kinetics Medical ETF

MEDX Description

The fund is an actively-managed exchange-traded fund ("ETF") that pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks of U.S. and foreign companies engaged in medical research, pharmaceutical and medical technology industries and related technology industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.75

Average Daily Volume

455

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	MVPA	MEDX
30 Days	-1.84%	1.85%
60 Days	-3.83%	4.31%
90 Days	-4.04%	2.94%
12 Months		-0.57%

0 Overlapping Holdings

	Symbol	Grade	Weight in MVPA	Weight in MEDX	Overlap

MVPA Overweight 10 Positions Relative to MEDX

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

MVPA Underweight 10 Positions Relative to MEDX

	Symbol	Grade	Weight
	LLY	A	-16.22%
	ABBV	C	-7.29%
	AMGN	B	-6.05%
	NVS	A	-5.83%
	AZN	C	-5.73%
	MRK	C	-4.96%
	JNJ	F	-4.41%
	PFE	C	-4.37%
	BMY	F	-4.29%
	REGN	B	-4.15%

MVPA: Top Represented Industries & Keywords

Industries: Software - Application Asset Management Credit Services Drug Manufacturers - Specialty & Generic Footwear & Accessories Furnishings, Fixtures & Appliances Health Care Plans Internet Retail Real Estate - General

Keywords: Computing S&P 500 Acetate Active Pharmaceutical Ingredients Adalimumab Advertising Platform Analytical Applications Annuities Annuity Products Beauty Products Behavioral Healthcare Billboard Biosimilar Biotechnology Business Analysis Business Intelligence Buy Now Pay Later Cabinetry Care Management Care Management Solutions

MEDX: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Biotechnology

Keywords: S&P 500 Pharmaceutical Products Depressive Disorder Neuroscience Animal Health Hypertension Infectious Diseases Inflammation Ophthalmology Antibiotics Biopharmaceutical Biotechnology Cholesterol Clinic Diabetes Dow Jones Component Drugs Infection Major Depressive Disorder Medication