MVPA vs. SMRI ETF Comparison

Comparison of Advisor Managed Portfolios Miller Value Partners Appreciation ETF (MVPA) to Bushido Capital US Equity ETF (SMRI)

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

$32.71

Average Daily Volume

4,141

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMRI

Bushido Capital US Equity ETF

SMRI Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the fund"s net assets (plus the amount of any borrowings for investment purposes) in U.S. listed common stock.

Grade (RS Rating)

Last Trade

$31.01

Average Daily Volume

8,346

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVPA	SMRI
30 Days	6.80%	4.56%
60 Days	10.36%	10.00%
90 Days	8.22%	10.79%
12 Months		30.35%

2 Overlapping Holdings

	Symbol	Grade	Weight in MVPA	Weight in SMRI	Overlap
	CNC	F	7.66%	2.35%	2.35%
	PYPL	A	4.05%	2.31%	2.31%

MVPA Overweight 8 Positions Relative to SMRI

Symbol	Grade	Weight
TTE	B	7.7%
BFH	D	6.61%
CTO	D	6.01%
CPNG	C	5.25%
JXN	A	4.53%
CART	B	4.2%
FOUR	A	3.85%
MSTR	B	3.75%

MVPA Underweight 8 Positions Relative to SMRI

Symbol	Grade	Weight
MOH	F	-2.34%
CAH	B	-2.27%
ZM	B	-2.22%
LMT	A	-2.2%
FOXA	B	-2.15%
GILD	A	-2.13%
ELV	F	-2.12%
SSNC	C	-2.12%