VABS vs. SMLL ETF Comparison

Comparison of Virtus Newfleet ABS/MBS ETF (VABS) to Harbor Active Small Cap ETF (SMLL)

VABS

Virtus Newfleet ABS/MBS ETF

VABS Description

The Fund seeks to generate income by investing primarily in short-duration, investment-grade securitized debt across asset-backed securities (ABS) and mortgage-backed securities (MBS), including commercial and residential MBS. A disciplined, time-tested investment process and rigorous risk management approach seeks to target ABS and MBS with competitive yield and current income across undervalued areas of securitized credit markets.

Grade (RS Rating)

Last Trade

$24.17

Average Daily Volume

2,416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMLL

Harbor Active Small Cap ETF

SMLL Description

The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Russell 2000® Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index measures the performance of approximately 2,000 small-cap companies in the Russell 3000® Index, based on a combination of their market capitalization and current index membership. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.42

Average Daily Volume

3,358

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VABS	SMLL
30 Days	0.27%	9.52%
60 Days	0.05%	13.98%
90 Days	0.26%
12 Months	6.92%

1 Overlapping Holdings

	Symbol	Grade	Weight in VABS	Weight in SMLL	Overlap
	RLJ	C	4.48%	2.42%	2.42%

VABS Overweight 49 Positions Relative to SMLL

Symbol	Grade	Weight
BW	D	2.27%
EFC	C	1.89%
BFS	C	1.53%
EQC	B	1.49%
DRH	B	1.35%
PBI	B	1.34%
TWO	F	1.26%
ARR	D	1.25%
GNL	F	0.94%
F	C	0.87%
MFA	D	0.86%
CIM	D	0.82%
IVR	F	0.78%
DBRG	F	0.62%
ET	A	0.55%
EPR	C	0.47%
MITT	D	0.45%
CTO	B	0.29%
PSEC	D	0.23%
TDS	B	0.23%
PMT	C	0.21%
AHH	D	0.17%
SHO	D	0.17%
LXP	D	0.17%
INN	D	0.16%
ATCOL	A	0.15%
BHR	C	0.15%
UMH	B	0.11%
ABR	C	0.1%
ALLY	C	0.1%
FTAI	A	0.06%
ALTG	C	0.05%
FHN	A	0.04%
AL	B	0.04%
CIO	C	0.03%
NLY	C	0.03%
SNV	C	0.02%
DX	B	0.02%
CODI	B	0.02%
PEB	D	0.01%
CNO	B	0.01%
VNO	C	0.01%
BOH	B	0.01%
SF	B	0.01%
EQH	C	0.01%
COF	C	0.01%
IFF	D	0.01%
JPM	A	0.01%
NEE	C	0.01%

VABS Underweight 39 Positions Relative to SMLL

Symbol	Grade	Weight
LBRT	D	-6.17%
KNSL	B	-4.97%
SSNC	B	-4.74%
JBI	F	-4.68%
DOCS	C	-3.71%
PCTY	C	-3.66%
RS	B	-3.43%
ZG	A	-3.13%
FOUR	A	-3.08%
WTFC	A	-3.01%
LYFT	C	-2.71%
FRSH	B	-2.63%
APAM	B	-2.61%
ATR	B	-2.37%
WRBY	A	-2.04%
OSCR	D	-1.95%
LSTR	D	-1.85%
PLOW	D	-1.79%
USPH	B	-1.77%
HAYW	B	-1.76%
PECO	A	-1.56%
MC	C	-1.51%
MCRI	A	-1.51%
MORN	B	-1.49%
SAM	C	-1.32%
NNN	C	-1.3%
CHWY	B	-1.26%
QTWO	A	-1.26%
WSC	F	-1.2%
NWE	B	-1.09%
RBC	A	-1.08%
BECN	B	-1.08%
FBIN	D	-1.07%
RL	C	-1.06%
EWCZ	F	-1.01%
TRUE	C	-0.95%
TMCI	C	-0.91%
CMS	C	-0.88%
REYN	D	-0.74%