RVER vs. PCGG ETF Comparison

Comparison of Advisor Managed Portfolios Trenchless Fund ETF (RVER) to Polen Capital Global Growth ETF (PCGG)

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

$29.30

Average Daily Volume

7,443

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PCGG

Polen Capital Global Growth ETF

PCGG Description

The fund is a non-diversified, actively-managed exchange-traded fund ("ETF") that seeks to achieve its objective by investing in a focused portfolio of approximately 25 to 40 common stocks of large capitalization companies that are located anywhere in the world, including companies in both developed and emerging markets, and, in the opinion of the sub-advisor to the fund, have a sustainable competitive advantage. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$11.83

Average Daily Volume

50,065

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RVER	PCGG
30 Days	7.79%	2.78%
60 Days	12.17%	3.14%
90 Days	16.22%	4.23%
12 Months		16.38%

3 Overlapping Holdings

Symbol	Grade	Weight in RVER	Weight in PCGG	Overlap
AMZN	C	5.02%	9.22%	5.02%
MSFT	D	4.47%	5.96%	4.47%
WDAY	B	4.33%	4.12%	4.12%

RVER Overweight 13 Positions Relative to PCGG

Symbol	Grade	Weight
LYFT	C	9.0%
GOOGL	C	6.26%
SNOW	B	5.29%
SNAP	D	5.18%
DKNG	B	4.84%
ULTA	F	4.69%
MRK	D	4.34%
SMCI	F	3.86%
NVDA	B	3.85%
SQ	A	3.81%
TSM	B	3.65%
PINS	F	3.48%
PANW	B	3.48%

RVER Underweight 18 Positions Relative to PCGG

Symbol	Grade	Weight
GOOG	C	-7.72%
MA	B	-4.62%
ABT	B	-4.56%
ADBE	C	-4.24%
V	A	-4.19%
MSCI	C	-4.1%
AON	A	-4.03%
SHOP	B	-3.88%
ICLR	D	-3.35%
PAYC	B	-3.06%
TMO	F	-2.85%
ACN	B	-2.73%
GLOB	B	-2.42%
NOW	A	-2.27%
ZTS	D	-2.14%
ABNB	C	-1.62%
ORCL	A	-1.53%
ADP	A	-1.47%