TOGA vs. MARB ETF Comparison

Comparison of Managed Portfolio Series Tremblant Global ETF (TOGA) to First Trust Merger Arbitrage ETF (MARB)

TOGA

Managed Portfolio Series Tremblant Global ETF

TOGA Description

Under normal conditions, the fund will invest: (1) at least 40% (unless market conditions are not deemed favorable, in which case at least 30%) of its net assets in investments that are economically tied to, or located in, countries or regions other than the United States; and (2) in investments that are economically tied to, or located in, at least three different countries, including the United States.

Grade (RS Rating)

Last Trade

$30.58

Average Daily Volume

14,670

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MARB

First Trust Merger Arbitrage ETF

MARB Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.

Grade (RS Rating)

Last Trade

$19.68

Average Daily Volume

6,915

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TOGA	MARB
30 Days	6.26%	-1.19%
60 Days	10.81%	-1.25%
90 Days	14.88%	-2.04%
12 Months		-1.04%

0 Overlapping Holdings

	Symbol	Grade	Weight in TOGA	Weight in MARB	Overlap

TOGA Overweight 30 Positions Relative to MARB

Symbol	Grade	Weight
GRAB	A	6.37%
SPOT	B	4.71%
DASH	A	4.26%
WH	B	4.14%
TKO	A	3.83%
FIVN	C	3.79%
SKX	F	3.75%
AMZN	B	3.5%
CHTR	B	3.47%
MELI	D	3.42%
DKNG	B	3.19%
VSCO	A	3.19%
VRNS	D	2.96%
CPNG	D	2.84%
UBER	F	2.76%
QTWO	B	2.73%
EVR	B	2.67%
BIDU	F	2.62%
CSGP	F	2.53%
GOOGL	B	2.52%
PG	C	2.43%
MTCH	F	2.21%
EL	F	2.2%
EMN	D	2.18%
PANW	B	2.16%
META	C	2.14%
PGR	B	2.06%
NCNO	B	1.82%
MA	B	1.75%
V	A	1.69%

TOGA Underweight 34 Positions Relative to MARB

Symbol	Grade	Weight
HTLF	B	-7.98%
HCP	B	-5.64%
EDR	A	-4.92%
ACI	C	-4.88%
DFS	B	-4.67%
AMED	F	-4.57%
AXNX	A	-4.2%
NAPA	A	-3.99%
ANSS	B	-3.85%
B	A	-3.78%
JNPR	D	-3.65%
EVRI	A	-3.48%
K	B	-3.28%
ESGR	B	-3.18%
CTLT	D	-3.17%
HES	B	-3.07%
VZIO	A	-3.05%
CHX	C	-2.78%
LBPH	A	-2.78%
MGRC	B	-2.75%
FYBR	C	-2.53%
ENV	B	-2.38%
SRDX	B	-2.29%
IBTX	B	-2.21%
RCM	A	-2.07%
MRO	A	-2.03%
WSC	F	--1.0%
COP	B	--2.02%
SNPS	C	--2.21%
SSB	B	--2.22%
CVX	A	--3.56%
SLB	C	--4.15%
COF	B	--5.12%
UMBF	B	--8.33%