VWI vs. LBO ETF Comparison

Comparison of Trust For Advised Portfolios Arch Indices VOI Absolute Income Fund (VWI) to WHITEWOLF Publicly Listed Private Equity ETF (LBO)

VWI

Trust For Advised Portfolios Arch Indices VOI Absolute Income Fund

VWI Description

The fund is an exchange-traded fund ("ETF") that uses a "passive management" (or indexing) investment approach to track the performance, before fees and expenses, of the index. The fund primarily invests in securities comprising the index.

Grade (RS Rating)

Last Trade

$26.71

Average Daily Volume

582

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

LBO

WHITEWOLF Publicly Listed Private Equity ETF

LBO Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of U.S. publicly listed private equity companies. It defines "listed private equity companies" as Leverage Finance Providers and Buyout Firms, Sponsors, and Asset Managers (collectively, "Listed Private Equity Companies") that are listed and traded on a U.S. national securities exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.99

Average Daily Volume

187

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	VWI	LBO
30 Days	-0.81%	-1.28%
60 Days	0.68%	1.79%
90 Days	1.24%	2.08%
12 Months

2 Overlapping Holdings

	Symbol	Grade	Weight in VWI	Weight in LBO	Overlap
	ARCC	A	5.27%	7.88%	5.27%
	BXSL	B	2.9%	7.04%	2.9%

VWI Overweight 7 Positions Relative to LBO

	Symbol	Grade	Weight
	JAAA	C	22.39%
	OBDC	C	8.57%
	MAIN	A	2.91%
	PDI	B	2.79%
	USHY	B	2.44%
	VALE	D	1.79%
	CME	D	1.67%

VWI Underweight 8 Positions Relative to LBO

	Symbol	Grade	Weight
	FSK	A	-7.46%
	KKR	C	-6.27%
	OWL	D	-5.69%
	HTGC	A	-5.37%
	APO	A	-4.91%
	ARES	C	-4.87%
	CG	D	-4.77%
	BX	C	-4.73%

VWI: Top Represented Industries & Keywords

Industries: Asset Management Financial Data & Stock Exchanges Industrial Metals & Minerals Internet Software & Services

Keywords: Exchange Traded Fund Bond Business Development Business Development Company Credit ETF Loan Mezzanine Capital Private Equity Refinancing Swaps U.S. Securities And Exchange Commission Allianz Global Investors Alloys Aluminum Products Base Metal Blackstone Blackstone Credit CBOT CME Group

LBO: Top Represented Industries & Keywords

Industries: Asset Management Specialty Finance

Keywords: Private Equity Consumer Products Leveraged Buyout Venture Capital Blackstone Chemical Credit Debt Financing Direct Lending Gcm Grosvenor Healthcare Service Hedge Funds Mezzanine Capital Mining Oil And Gas Pharmaceutical Private Equity Firms Private Equity Fund Real Estate Funds Refinancing