SOVF vs. MGMT ETF Comparison

Comparison of Sovereign's Capital Flourish Fund (SOVF) to Ballast Small/Mid Cap ETF (MGMT)

SOVF

Sovereign's Capital Flourish Fund

SOVF Description

The fund invests primarily in common stock of publicly traded U.S. companies that are selected by the fund's investment adviser. The Adviser employs an active management strategy in seeking to achieve the fund"s objective.

Grade (RS Rating)

Last Trade

$32.27

Average Daily Volume

12,200

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MGMT

Ballast Small/Mid Cap ETF

MGMT Description

The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.

Grade (RS Rating)

Last Trade

$43.17

Average Daily Volume

12,244

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SOVF	MGMT
30 Days	5.98%	12.22%
60 Days	5.98%	12.30%
90 Days	5.25%	14.68%
12 Months	24.72%	26.15%

1 Overlapping Holdings

	Symbol	Grade	Weight in SOVF	Weight in MGMT	Overlap
	AZZ	A	0.48%	2.66%	0.48%

SOVF Overweight 78 Positions Relative to MGMT

Symbol	Grade	Weight
GSHD	A	3.58%
PAYC	B	2.85%
ALKT	B	2.83%
PCTY	C	2.72%
PRI	B	2.71%
COKE	C	2.69%
LOPE	C	2.69%
CBRE	B	2.63%
FI	A	2.55%
DAVA	C	2.5%
PGR	A	2.28%
AFG	A	2.28%
LCII	C	2.2%
AJG	A	2.01%
PX	A	2.0%
TSN	B	1.96%
FOLD	F	1.95%
EEFT	B	1.87%
RJF	A	1.82%
MOH	F	1.78%
PPC	C	1.67%
BIGC	B	1.62%
DIOD	D	1.57%
KFY	B	1.54%
NSP	F	1.47%
SBAC	D	1.46%
RPAY	D	1.42%
NHC	C	1.39%
COLM	C	1.35%
BDX	F	1.31%
APG	B	1.29%
UPS	C	1.27%
FANG	C	1.24%
GEF	A	1.23%
CSCO	B	1.17%
SCHW	B	1.17%
QCOM	F	1.16%
DVN	F	1.1%
NEO	C	1.09%
ANET	C	1.08%
ITT	A	1.05%
BKH	A	1.04%
ADV	D	1.01%
LECO	C	1.01%
VRRM	F	1.0%
APA	D	1.0%
SITE	F	0.98%
AWK	C	0.91%
AMED	F	0.88%
USFD	A	0.85%
IEX	C	0.73%
PLOW	D	0.7%
INTC	C	0.69%
CSWI	B	0.68%
TFIN	B	0.62%
FAST	B	0.58%
SAIC	F	0.57%
SMCI	F	0.57%
WMT	A	0.56%
ADP	A	0.56%
JBHT	C	0.54%
HCSG	C	0.54%
RMD	C	0.52%
ERIE	D	0.52%
VRSN	C	0.5%
WCN	A	0.49%
HUBS	A	0.49%
CPT	B	0.49%
GGG	B	0.48%
ORLY	B	0.48%
SPB	C	0.47%
CPRT	B	0.47%
SPTN	D	0.46%
JJSF	C	0.45%
SPSC	D	0.45%
KFRC	D	0.43%
NTAP	C	0.42%
OPCH	D	0.37%

SOVF Underweight 43 Positions Relative to MGMT

Symbol	Grade	Weight
NRP	B	-5.38%
AGM	B	-3.65%
CVCO	A	-3.49%
PHIN	A	-3.41%
IGIC	B	-3.36%
EXP	B	-2.96%
CEIX	A	-2.89%
TPB	B	-2.75%
MTG	C	-2.69%
CBNK	B	-2.64%
BELFB	C	-2.51%
CASS	C	-2.36%
GEO	B	-2.22%
LSTR	D	-2.14%
IMXI	B	-2.11%
PATK	C	-2.03%
TDC	D	-1.98%
BLCO	B	-1.96%
LII	A	-1.94%
ECVT	C	-1.87%
G	B	-1.58%
BCO	F	-1.54%
EPR	C	-1.53%
BWA	D	-1.5%
RCMT	C	-1.46%
KOS	D	-1.38%
KN	B	-1.28%
CMPO	B	-1.25%
TRIP	F	-1.23%
GSM	D	-1.22%
IPGP	D	-1.13%
EPSN	B	-1.12%
IMKTA	C	-1.06%
BIOX	F	-1.05%
IRMD	C	-1.03%
EXTR	C	-1.02%
GPRE	F	-0.97%
CRMT	D	-0.96%
NTIC	B	-0.9%
DOX	D	-0.9%
TKR	D	-0.89%
UFPT	C	-0.89%
RMNI	C	-0.41%