SMCX vs. RVER ETF Comparison

Comparison of Defiance Daily Target 2X Long SMCI ETF (SMCX) to Advisor Managed Portfolios Trenchless Fund ETF (RVER)

SMCX

Defiance Daily Target 2X Long SMCI ETF

SMCX Description

The fund is an actively managed exchange traded fund ("ETF") that attempts to achieve two times (200%) the daily percentage change in the share price of the underlying security by entering into swap agreements on the underlying security. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.46

Average Daily Volume

548,249

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Performance

Period	SMCX	RVER
30 Days	-75.54%	7.79%
60 Days	-76.87%	12.17%
90 Days	-88.50%	16.22%
12 Months

1 Overlapping Holdings

	Symbol	Grade	Weight in SMCX	Weight in RVER	Overlap
	SMCI	F	5.05%	3.86%	3.86%

SMCX Overweight 0 Positions Relative to RVER

	Symbol	Grade	Weight

SMCX Underweight 15 Positions Relative to RVER

Symbol	Grade	Weight
LYFT	C	-9.0%
GOOGL	C	-6.26%
SNOW	B	-5.29%
SNAP	D	-5.18%
AMZN	C	-5.02%
DKNG	B	-4.84%
ULTA	F	-4.69%
MSFT	D	-4.47%
MRK	D	-4.34%
WDAY	B	-4.33%
NVDA	B	-3.85%
SQ	A	-3.81%
TSM	B	-3.65%
PINS	F	-3.48%
PANW	B	-3.48%

SMCX: Top Represented Industries & Keywords

Industries: Computer Hardware

Keywords: Cloud Computing Computing Converged Storage Customer Support Services Data Center Nasdaq 100 S&P 500 Security Software Server Server Hardware Storage Solution Storage Systems