Miller Value FundsLeveraged EquityMVPL · NYSE Arca

Miller Value Partners Leverage ETF (MVPL)

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Price: $41.62; —12 Nov 2026
Assets: $31.2M; Total net assets
Expense ratio: 1.72%; Category 0.00%
Yield: 0.68%; Trailing distributions

1Y return: 12.0%+28.9%; Category -16.9%
3Y CAGR: —; Category 25.2%
5Y CAGR: —; Category 1.4%

$41.62—12 Nov 2026

Fund

Assets: $31.2M
Expense: 1.72%
Categ. exp: 0.00%
Yield: 0.68%

ReturnFundCateg.

1Y12.0%-16.9%

3Y—25.2%

5Y—1.4%

Launch24.0%—

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Miller Value Partners Leverage ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-8.2%	-8.7%	-2.7%	+14.6%	+12.0%	—	—	—	+24.0%
Leveraged Equity average	-25.0%	-32.7%	-30.0%	-13.3%	-16.9%	25.2%	1.4%	8.6%	-24.6%
Difference	+16.8%	+24.0%	+27.3%	+27.8%	+28.9%	—	—	—	+48.5%

Holdings

The 1 largest positions make up 99.9% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
SPUU	Direxion Daily S&P 500® Bull 2X ETF	99.94%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 24.2
P/B: 5.2
P/S: 3.6
P/CF: 18.7

Sector allocation

Share of the equity the fund holds.

Technology40.1%
Financial services11.3%
Communication services9.9%
Health care9.4%
Consumer discretionary8.7%
Industrials7.6%
Consumer staples4.4%
Energy3.4%
Utilities1.9%
Real estate1.7%
Materials1.6%

Asset mix

Other54.5%
Stocks45.5%

ETF details

Issuer: Miller Value Funds
Category: Equity · Leveraged Equity
Ticker: MVPL
Exchange: NYSE Arca
Inception: 27 Feb 2024 (2.7 years)
Structure: Exchange Traded Fund
Expense ratio: 1.72% (category 0.00%)
Holdings turnover: 662%
Distribution yield: 0.68%
Beta, 3 years: 0.00
Total net assets: $31.2M

Prices and returns as of 12 Nov 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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