RVER vs. FMET ETF Comparison

Comparison of Advisor Managed Portfolios Trenchless Fund ETF (RVER) to Fidelity Metaverse ETF (FMET)
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
FMET

Fidelity Metaverse ETF

FMET Description The fund normally invests at least 80% of assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies that develop, manufacture, distribute, or sell products or services related to establishing and enabling the Metaverse. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.17

Average Daily Volume

5,519

Number of Holdings *

35

* may have additional holdings in another (foreign) market
Performance
Period RVER FMET
30 Days 0.59% 4.37%
60 Days 3.11% 7.64%
90 Days 2.77% 9.15%
12 Months 24.46%
4 Overlapping Holdings
Symbol Grade Weight in RVER Weight in FMET Overlap
AMD B 6.75% 4.24% 4.24%
BMBL F 6.68% 0.63% 0.63%
META A 7.34% 4.6% 4.6%
SNAP B 6.09% 1.87% 1.87%
RVER Overweight 6 Positions Relative to FMET
Symbol Grade Weight
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 31 Positions Relative to FMET
Symbol Grade Weight
ADBE B -4.85%
AAPL A -4.79%
MSFT A -4.68%
GOOGL A -4.63%
NVDA B -4.44%
QCOM B -3.9%
INTC C -3.45%
EQIX C -2.81%
ADSK B -2.77%
SMCI B -2.61%
DLR B -2.5%
EA B -2.23%
PINS B -2.13%
PTC B -1.98%
TTWO C -1.92%
RBLX B -1.86%
BSY D -1.52%
GLOB C -1.49%
CRUS A -1.37%
U F -1.04%
SYNA F -0.97%
HIMX C -0.81%
AMBA B -0.81%
DAVA C -0.76%
GDS B -0.75%
MOMO B -0.67%
EXPI F -0.66%
FSLY F -0.64%
WB D -0.55%
PLTK F -0.52%
HEAR D -0.4%
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