VEGA vs. MVFG ETF Comparison

Comparison of AdvisorShares STAR Global Buy-Write ETF (VEGA) to Monarch Volume Factor Global Unconstrained Index ETF (MVFG)

VEGA

AdvisorShares STAR Global Buy-Write ETF

VEGA Description

The investment seeks consistent repeatable returns across all market cycles. The fund is a "fund of funds" and intends to invest primarily in exchange-traded funds ("ETFs") and exchange-traded notes ("ETNs") that seek to track a diversified basket of global indices and investment sectors that meet certain selection criteria. It also may invest, subject to the same selection criteria, in exchange-traded pooled investment vehicles. The Sub-Advisor seeks to achieve the fund's investment objective by using a proprietary overwrite strategy known as Volatility Enhanced Global Appreciation ("VEGA").

Grade (RS Rating)

Last Trade

$44.11

Average Daily Volume

2,997

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

MVFG

Monarch Volume Factor Global Unconstrained Index ETF

MVFG Description

MVFG is a fund of fund, emphasizing equity ETFs with strong cash flow and adjusting towards treasury ETFs during cash flow challenges. The fund seeks to replicate the performance of its target index, composed of up to 25 equally weighted equity ETFs selected for financial health, alongside treasury ETFs as necessary. Screening US-listed equity ETFs with global exposure, including emerging markets, the fund adheres to specific criteria like no leverage, non-inverse fund structure, assets over $50 million, and a trading history of at least two years. Following the proprietary Volume Factor methodology, it identifies sectors with positive cash flow dynamics. MVFG's adaptable strategy involves adjusting sector allocations in response to financial trends, ensuring a proportional representation of index securities. During market downturns, the fund may increase exposure to treasury ETFs while rebalancing sector weightings to navigate evolving market conditions. MVFG focuses on global market intricacies and aims for diversified positive cash flow strategies.

Grade (RS Rating)

Last Trade

$27.48

Average Daily Volume

6,423

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	VEGA	MVFG
30 Days	0.83%	0.51%
60 Days	0.93%	0.71%
90 Days	1.71%	1.42%
12 Months	18.93%

1 Overlapping Holdings

	Symbol	Grade	Weight in VEGA	Weight in MVFG	Overlap
	IWP	A	5.93%	4.63%	4.63%

VEGA Overweight 4 Positions Relative to MVFG

	Symbol	Grade	Weight
	IUSB	C	21.9%
	MBB	C	5.3%
	DYNF	A	4.45%
	GOVT	D	3.31%

VEGA Underweight 9 Positions Relative to MVFG

	Symbol	Grade	Weight
	XSMO	B	-4.92%
	XLRE	C	-4.57%
	SPHD	A	-4.51%
	SCHH	C	-4.26%
	CIBR	B	-4.25%
	ESGV	A	-4.25%
	GUNR	D	-3.82%
	ASHR	C	-3.45%
	KWEB	D	-3.26%

VEGA: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Index Fund Bond Bloomberg Barclays Us Aggregate Bond Index Bond Market Index Fannie Mae Federal Home Loan Mortgage Corporation Federal National Mortgage Association Freddie Mac Fundamentally Based Indexes Government National Mortgage Association High Yield Debt Midcap Money Market Fund Mortgage Backed Security Mortgage Loan Residential Mortgage Backed Security Russell Midcap Growth Total Return Index Russell Midcap Index

MVFG: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Stock Market Index Index Fund Real Estate Investment Trust Csi Invesco Powershares Midcap Csi 300 Index Cybersecurity Dividend Dividend Yield Dow Jones Industrial Average Index Exchange Traded Funds Fundamentally Based Indexes Internet Index Invesco Investment Management Investment Trust Msci Kld 400 Social Index