CHGX vs. TVAL ETF Comparison

Comparison of Change Finance U.S. Large Cap Fossil Fuel Free ETF (CHGX) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL)

CHGX

Change Finance U.S. Large Cap Fossil Fuel Free ETF

CHGX Description

The investment seeks to track the performance, before fees and expenses, of the Change Finance Diversified Impact U.S. Large Cap Fossil Fuel Free Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. The index was developed by Change Finance, PBC, the fund's investment adviser and index provider, and uses an objective, rules-based methodology to measure the performance of an equal-weighted portfolio of approximately 100 large cap U.S.-listed companies that meet a diverse set of environmental, social, and governance (ESG) standards.

Grade (RS Rating)

Last Trade

$39.96

Average Daily Volume

6,526

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

TVAL

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF

TVAL Description

The fund will invest primarily in U.S. equity securities. In taking a value approach to investment selection, the adviser seeks to identify companies that appear to be undervalued by various measures, and may be temporarily out of favor, but have good prospects for capital appreciation. Some of the principal measures used to identify such stocks are: price/earnings ratio, price/book value ratio, price/sales ratio, dividend yield, price/cash flow, undervalued assets, and restructuring opportunities. The fund may purchase the stocks of companies of any size, but typically focuses on larger companies.

Grade (RS Rating)

Last Trade

$33.11

Average Daily Volume

13,066

Number of Holdings ^*

144

* may have additional holdings in another (foreign) market

Performance

Period	CHGX	TVAL
30 Days	3.66%	2.98%
60 Days	4.50%	4.22%
90 Days	6.28%	5.88%
12 Months	28.25%	29.14%

33 Overlapping Holdings

Symbol	Grade	Weight in CHGX	Weight in TVAL	Overlap
A	D	0.88%	0.33%	0.33%
ABBV	D	0.83%	0.36%	0.36%
ACN	C	1.01%	0.7%	0.7%
ADI	D	0.87%	0.35%	0.35%
AMD	F	0.88%	0.22%	0.22%
AXP	A	1.08%	0.26%	0.26%
AZO	C	0.92%	0.52%	0.52%
CARR	D	1.0%	0.27%	0.27%
CAT	B	1.04%	0.3%	0.3%
CMCSA	B	1.05%	0.46%	0.46%
CME	A	1.0%	0.23%	0.23%
DIS	B	1.21%	0.2%	0.2%
EFX	F	0.79%	0.33%	0.33%
GOOG	C	0.98%	0.95%	0.95%
HCA	F	0.8%	0.45%	0.45%
JNJ	D	0.89%	1.82%	0.89%
LEN	D	0.88%	0.42%	0.42%
LLY	F	0.75%	1.19%	0.75%
MCHP	D	0.77%	0.27%	0.27%
MCK	B	1.07%	0.8%	0.8%
MMC	B	0.94%	0.67%	0.67%
MRK	F	0.8%	0.8%	0.8%
MU	D	1.02%	0.45%	0.45%
PGR	A	1.0%	0.48%	0.48%
PLD	D	0.85%	0.34%	0.34%
QCOM	F	0.85%	1.08%	0.85%
ROP	B	0.95%	0.29%	0.29%
SCHW	B	1.18%	0.89%	0.89%
SPGI	C	0.95%	0.26%	0.26%
STLD	B	1.16%	0.32%	0.32%
TJX	A	0.97%	0.29%	0.29%
TMO	F	0.8%	1.12%	0.8%
TXN	C	0.88%	0.7%	0.7%

CHGX Overweight 67 Positions Relative to TVAL

Symbol	Grade	Weight
SQ	B	1.34%
ORCL	B	1.3%
FICO	B	1.29%
CRM	B	1.27%
CRWD	B	1.23%
NFLX	A	1.22%
AMP	A	1.21%
NOW	A	1.17%
FTNT	C	1.17%
NVDA	C	1.17%
GWW	B	1.16%
MRVL	B	1.16%
ADSK	A	1.16%
PYPL	B	1.12%
BK	A	1.1%
DECK	A	1.09%
CSCO	B	1.09%
CDNS	B	1.09%
ANET	C	1.09%
DE	A	1.08%
V	A	1.07%
NDAQ	A	1.07%
STT	A	1.06%
EA	A	1.06%
INTC	D	1.06%
AON	A	1.06%
PANW	C	1.05%
IBM	C	1.05%
CHD	B	1.05%
ADP	B	1.05%
SPG	B	1.04%
CPRT	A	1.03%
ORA	B	1.03%
INTU	C	1.03%
SYK	C	1.03%
MA	C	1.02%
ORLY	B	1.02%
SNPS	B	1.02%
VRSK	A	1.01%
IT	C	1.01%
HPQ	B	1.0%
ABT	B	0.99%
FIS	C	0.99%
COR	B	0.98%
GOOGL	C	0.98%
CTSH	B	0.97%
WDAY	B	0.97%
MSCI	C	0.96%
AVGO	D	0.96%
AAPL	C	0.95%
ICE	C	0.94%
AWK	D	0.93%
PHM	D	0.93%
MCO	B	0.93%
ECL	D	0.92%
SYY	B	0.92%
ROST	C	0.91%
MDT	D	0.91%
NKE	D	0.86%
GIS	D	0.85%
ADBE	C	0.84%
ON	D	0.84%
PFE	D	0.83%
AMGN	D	0.83%
IQV	D	0.75%
KLAC	D	0.74%
MPWR	F	0.58%

CHGX Underweight 111 Positions Relative to TVAL

Symbol	Grade	Weight
XOM	B	-2.56%
CB	C	-2.23%
HIG	B	-1.96%
UNH	C	-1.9%
WMT	A	-1.89%
BAC	A	-1.89%
ELV	F	-1.81%
WFC	A	-1.77%
SO	D	-1.67%
FI	A	-1.53%
KVUE	A	-1.49%
PM	B	-1.41%
LHX	C	-1.36%
COP	C	-1.25%
JPM	A	-1.23%
AVB	B	-1.22%
GE	D	-1.21%
SWK	D	-1.1%
CMI	A	-1.09%
BDX	F	-1.01%
EQH	B	-1.0%
TMUS	B	-0.88%
WY	D	-0.88%
META	D	-0.87%
AIG	B	-0.87%
CI	F	-0.87%
ZBH	C	-0.85%
CL	D	-0.84%
EOG	A	-0.82%
C	A	-0.81%
FITB	A	-0.77%
NWSA	B	-0.75%
VST	B	-0.74%
NSC	B	-0.74%
CVX	A	-0.73%
LIN	D	-0.73%
KO	D	-0.72%
PG	A	-0.72%
HUBB	B	-0.7%
GEV	B	-0.7%
TTE	F	-0.7%
HON	B	-0.68%
SRE	A	-0.68%
KMB	D	-0.66%
MSFT	F	-0.65%
AEE	A	-0.65%
DHR	F	-0.65%
IP	B	-0.64%
HD	A	-0.63%
RSG	A	-0.62%
WDC	D	-0.6%
NEE	D	-0.59%
VZ	C	-0.58%
USB	A	-0.56%
BA	F	-0.56%
MS	A	-0.56%
D	C	-0.55%
RPM	A	-0.52%
ROK	B	-0.52%
CF	B	-0.52%
BAX	D	-0.5%
CSX	B	-0.49%
HWM	A	-0.48%
REXR	F	-0.48%
AZN	D	-0.47%
MAR	B	-0.47%
WMB	A	-0.46%
EQT	B	-0.46%
MCD	D	-0.46%
APO	B	-0.46%
TDG	D	-0.46%
HBAN	A	-0.45%
ARES	A	-0.45%
PSA	D	-0.44%
BLK	C	-0.43%
FANG	D	-0.43%
MDLZ	F	-0.43%
REGN	F	-0.42%
UNP	C	-0.42%
CPAY	A	-0.42%
LVS	C	-0.41%
LAMR	D	-0.4%
KDP	D	-0.4%
CAG	D	-0.4%
TSM	B	-0.39%
ALL	A	-0.39%
AMAT	F	-0.38%
YUM	B	-0.36%
BKR	B	-0.35%
KEYS	A	-0.35%
MSI	B	-0.34%
COF	B	-0.33%
UAL	A	-0.31%
TT	A	-0.31%
AME	A	-0.31%
OTIS	C	-0.3%
VRTX	F	-0.29%
MOH	F	-0.28%
UPS	C	-0.28%
CDW	F	-0.25%
MGM	D	-0.24%
ZTS	D	-0.23%
CVS	D	-0.23%
HAL	C	-0.22%
VMC	B	-0.22%
MET	A	-0.22%
BHP	F	-0.2%
AVY	D	-0.19%
SNY	F	-0.19%
DTE	C	-0.17%
EQIX	A	-0.16%