RVER vs. EMIF ETF Comparison

Comparison of Advisor Managed Portfolios Trenchless Fund ETF (RVER) to iShares S&P Emerging Markets Infrastructure Index Fund (EMIF)

RVER

Advisor Managed Portfolios Trenchless Fund ETF

RVER Description

RVER seeks to outperform the S&P 500 Index over all time horizons through a narrow exposure to the US equity market. The fund typically invests in approximately 12 to 30 US-listed stocks of any market capitalization. The portfolio construction starts by screening companies based on valuation metrics such as free cash flow, net income, EBITDA, and revenue. Securities are then assessed using growth factors, including top and bottom-line revenue and net income growth. This analysis seeks to exclude firms with negative outliers and those the sub-adviser believes are likely to miss earnings expectations. The remaining companies are screened based on a review of the number and size of institutional holders. After these three initial screens, the sub-adviser ranks and selects from the remaining companies based on its view of positive price change potential. As an actively managed fund, the sub-adviser has full discretion to make buy, sell, and hold decisions at any time.

Grade (RS Rating)

Last Trade

$25.57

Average Daily Volume

5,611

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

EMIF

iShares S&P Emerging Markets Infrastructure Index Fund

EMIF Description

The investment seeks to track the investment results of an index composed of 30 of the largest emerging market equities in the infrastructure industry. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Emerging Markets Infrastructure IndexTM (the "underlying index"), which is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.96

Average Daily Volume

13,659

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	RVER	EMIF
30 Days	0.59%	-0.76%
60 Days	3.11%	-1.52%
90 Days	2.77%	1.76%
12 Months		5.08%

0 Overlapping Holdings

	Symbol	Grade	Weight in RVER	Weight in EMIF	Overlap

RVER Overweight 10 Positions Relative to EMIF

	Symbol	Grade	Weight
	META	A	7.34%
	AMD	B	6.75%
	BMBL	F	6.68%
	SNAP	B	6.09%
	LULU	F	5.89%
	RNG	F	5.87%
	LYFT	F	5.82%
	EXPE	C	5.13%
	TOL	D	5.08%
	AKAM	F	4.9%

RVER Underweight 9 Positions Relative to EMIF

	Symbol	Grade	Weight
	PAC	D	-7.7%
	ASR	D	-6.84%
	EBR	D	-5.81%
	UGP	D	-4.35%
	SBS	C	-3.98%
	KEP	D	-3.09%
	CIG	C	-2.99%
	OMAB	F	-2.91%
	ELP	C	-1.55%

RVER: Top Represented Industries & Keywords

Industries: Software - Application Internet Content & Information Apparel Stores Leisure Residential Construction Semiconductors

Keywords: S&P 500 Computing Nasdaq 100 Social Media Software Car Rental Mobile Applications Mobile Devices Advertising Products Ai Technologies Airline Tickets Akamai Technologies Apartment Application Firewall Artificial Intelligence Business Communications Camera Cars Carsharing Chat Services

EMIF: Top Represented Industries & Keywords

Industries: Airports & Air Services Utilities - Diversified Utilities - Regulated Electric Oil & Gas Refining & Marketing Utilities - Regulated Water

Keywords: Airport Electricity Natural Gas Distribution Network Fuel Services Internet Service Provider Alcohol Amines Brazil Broadband Broadband Internet Broadband Internet Access Car Rental Cemig Chaebol Chemical Chemical Industry Chemical Product Cogeneration Colíder Dam