CZAR vs. TCAF ETF Comparison

Comparison of Themes Natural Monopoly ETF (CZAR) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF)

CZAR

Themes Natural Monopoly ETF

CZAR Description

The index is designed to provide exposure to companies in the large- and mid- capitalization segments that exhibit a strong competitive advantage in their respective sector. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.56

Average Daily Volume

343

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

TCAF

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF

TCAF Description

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in equity securities. The fund may purchase the stocks of companies of any size, but typically focuses on large U.S. companies. The fund may at times invest significantly in certain sectors, including the information technology and healthcare sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.13

Average Daily Volume

472,698

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	CZAR	TCAF
30 Days	2.89%	3.82%
60 Days	8.96%	8.73%
90 Days	6.71%	4.05%
12 Months		34.53%

1 Overlapping Holdings

	Symbol	Grade	Weight in CZAR	Weight in TCAF	Overlap
	FTV	C	3.32%	2.45%	2.45%

CZAR Overweight 5 Positions Relative to TCAF

	Symbol	Grade	Weight
	CSCO	A	3.52%
	ADI	B	3.4%
	ADBE	F	3.27%
	META	A	3.25%
	BLK	A	3.22%

CZAR Underweight 9 Positions Relative to TCAF

	Symbol	Grade	Weight
	MSFT	D	-8.01%
	NVDA	B	-6.14%
	AAPL	C	-5.47%
	AMZN	C	-4.28%
	GOOGL	B	-3.34%
	UNH	B	-3.04%
	DHR	D	-2.5%
	BDX	C	-2.44%
	RVTY	C	-2.39%

CZAR: Top Represented Industries & Keywords

Industries: Asset Management Communication Equipment Internet Content & Information Scientific & Technical Instruments Semiconductors Software - Application

Keywords: S&P 500 Nasdaq 100 Software Work From Home Advisory Services Aerospace Alternative Investment Analog Devices Application Developers Application Software Blackrock Cable Modem Calibration Calibration Equipment Camera Cellular Infrastructure Communications Infrastructure Communications Infrastructure Products Compliance Services Computer Network

TCAF: Top Represented Industries & Keywords

Industries: Diagnostics & Research Consumer Electronics Health Care Plans Internet Content & Information Medical Instruments & Supplies Scientific & Technical Instruments Semiconductors Software - Infrastructure Specialty Retail

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Hyperscale Operating System Smartphones Work From Home Clinical Tools Danaher Corporation IBD 50 Industrial Technologies Laptop Computer Mobile Devices Online Retail Radiometer Software Advertising Network Advertising Services Advisory Consulting Services