JVAL vs. TCAF ETF Comparison

Comparison of JPMorgan U.S. Value Factor ETF (JVAL) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF)

JVAL

JPMorgan U.S. Value Factor ETF

JVAL Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Value Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent value factor characteristics.

Grade (RS Rating)

Last Trade

$45.20

Average Daily Volume

59,376

Number of Holdings ^*

362

* 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

$33.89

Average Daily Volume

559,388

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JVAL	TCAF
30 Days	2.83%	0.89%
60 Days	4.01%	3.04%
90 Days	5.07%	3.87%
12 Months	27.77%	28.26%

23 Overlapping Holdings

Symbol	Grade	Weight in JVAL	Weight in TCAF	Overlap
AAPL	C	1.87%	5.34%	1.87%
ANSS	B	0.19%	0.32%	0.19%
APH	A	0.51%	0.04%	0.04%
AVGO	D	1.92%	1.39%	1.39%
BDX	F	0.06%	2.48%	0.06%
CRM	B	1.33%	1.63%	1.33%
ELV	F	0.45%	0.67%	0.45%
EXC	C	0.21%	0.34%	0.21%
GOOGL	C	2.17%	3.12%	2.17%
HUM	C	0.19%	0.55%	0.19%
INFA	D	0.11%	0.1%	0.1%
INTU	B	0.81%	1.55%	0.81%
KLAC	F	0.46%	0.12%	0.12%
LRCX	F	0.51%	0.32%	0.32%
META	D	2.12%	2.3%	2.12%
MSFT	D	1.78%	8.23%	1.78%
PNC	B	0.13%	0.1%	0.1%
PTC	B	0.18%	1.67%	0.18%
ROP	B	0.4%	1.74%	0.4%
RTX	D	0.48%	1.47%	0.48%
RVTY	F	0.14%	2.44%	0.14%
SCI	B	0.24%	0.68%	0.24%
UNH	B	1.77%	2.95%	1.77%

JVAL Overweight 339 Positions Relative to TCAF

Symbol	Grade	Weight
ORCL	A	1.24%
JNJ	C	1.22%
APP	B	0.87%
CAT	B	0.85%
IBM	C	0.84%
TXN	C	0.82%
HD	B	0.82%
QCOM	F	0.79%
CSCO	B	0.77%
CVX	A	0.74%
AMAT	F	0.7%
MRK	D	0.66%
AMGN	F	0.65%
C	A	0.65%
PFE	F	0.65%
T	A	0.65%
INTC	C	0.6%
ADI	D	0.54%
GILD	C	0.52%
PM	B	0.52%
BMY	B	0.51%
MDT	D	0.51%
MO	A	0.5%
CMCSA	B	0.49%
COF	C	0.48%
MRVL	B	0.48%
CI	D	0.47%
BAC	A	0.45%
GM	C	0.44%
VRT	B	0.43%
USB	A	0.42%
MU	D	0.42%
JCI	B	0.42%
TFC	A	0.41%
FDX	B	0.41%
CMI	A	0.4%
CVS	D	0.4%
BK	A	0.4%
PCAR	B	0.39%
KMI	A	0.39%
GD	D	0.38%
PSX	C	0.37%
TWLO	A	0.37%
MPC	D	0.36%
AIG	B	0.36%
DELL	B	0.36%
PRU	A	0.35%
SYF	B	0.34%
F	C	0.34%
TGT	F	0.34%
GRMN	B	0.33%
ETR	B	0.33%
GLW	B	0.33%
CTSH	B	0.33%
FITB	B	0.32%
DHI	F	0.32%
KR	B	0.32%
HPQ	B	0.32%
GDDY	A	0.32%
SPG	A	0.32%
LDOS	C	0.32%
HPE	B	0.32%
PAYC	B	0.31%
NUE	C	0.31%
SNA	A	0.31%
DD	C	0.31%
ZM	C	0.31%
LHX	C	0.31%
EBAY	D	0.3%
DOV	A	0.3%
HBAN	A	0.3%
LEN	D	0.3%
PKG	A	0.29%
PNR	A	0.29%
ALSN	B	0.29%
JBL	C	0.29%
WDAY	B	0.29%
STT	B	0.29%
VICI	C	0.28%
CFG	B	0.28%
ED	C	0.28%
JEF	A	0.28%
MCHP	F	0.28%
ON	D	0.28%
UNM	A	0.28%
WCC	B	0.27%
PHM	D	0.27%
EPAM	B	0.27%
MTB	A	0.27%
UAL	A	0.27%
PPL	A	0.27%
NTAP	C	0.27%
DAL	B	0.27%
FFIV	B	0.27%
GEN	B	0.27%
CACI	D	0.26%
RS	B	0.26%
R	B	0.26%
UTHR	C	0.26%
IP	A	0.26%
KHC	F	0.26%
OC	A	0.26%
GIS	D	0.26%
RF	A	0.26%
TAP	C	0.25%
PFG	D	0.25%
FOXA	A	0.25%
MRO	B	0.25%
BLDR	D	0.25%
DGX	A	0.25%
TOL	B	0.25%
OMC	C	0.25%
PEGA	B	0.25%
VLO	C	0.24%
TPR	B	0.24%
LAD	A	0.24%
CTRA	B	0.24%
KBR	F	0.24%
EVRG	A	0.24%
ADM	D	0.24%
VTRS	A	0.24%
CDW	F	0.24%
SSNC	B	0.24%
DBX	B	0.24%
CMA	B	0.23%
OGE	A	0.23%
ORI	A	0.23%
KIM	A	0.23%
DRI	B	0.23%
SAIC	F	0.23%
NWSA	A	0.23%
LYB	F	0.23%
SNV	C	0.23%
BBY	D	0.23%
AMCR	C	0.22%
TER	F	0.22%
OHI	C	0.22%
CCK	D	0.22%
OSK	C	0.22%
KEY	B	0.22%
DOW	F	0.22%
DOX	D	0.22%
SNX	D	0.22%
PNW	A	0.22%
WAL	B	0.22%
RL	C	0.22%
ALLY	C	0.21%
NXST	C	0.21%
AVT	C	0.21%
GFS	C	0.21%
DNB	B	0.21%
BC	C	0.21%
WSM	C	0.21%
THC	D	0.21%
GPK	C	0.21%
BPOP	C	0.21%
DKS	D	0.21%
DLB	B	0.21%
FNB	A	0.21%
ZI	D	0.21%
AKAM	D	0.21%
MOS	F	0.21%
OMF	A	0.21%
SLGN	A	0.21%
MSM	C	0.2%
WHR	B	0.2%
UGI	C	0.2%
VZ	C	0.2%
VAC	C	0.2%
NFG	A	0.2%
HIW	C	0.2%
CAG	F	0.2%
SWKS	F	0.2%
JHG	B	0.2%
NVR	D	0.2%
AN	C	0.2%
CNC	D	0.2%
HRB	D	0.2%
AYI	B	0.2%
UHS	D	0.2%
MTG	C	0.2%
ARW	D	0.19%
FAF	A	0.19%
TNL	A	0.19%
THO	B	0.19%
COLB	B	0.19%
TXT	D	0.19%
GAP	C	0.19%
FHN	A	0.19%
GPN	B	0.19%
OVV	B	0.19%
GPC	D	0.19%
ZION	B	0.19%
BERY	C	0.19%
DOCU	B	0.19%
RHI	C	0.19%
OLED	F	0.19%
AGO	B	0.19%
CRBG	B	0.18%
GNTX	C	0.18%
ST	F	0.18%
BYD	B	0.18%
MGM	D	0.18%
CNH	C	0.18%
PAG	B	0.18%
M	F	0.18%
IVZ	B	0.18%
MTCH	D	0.18%
EPR	C	0.18%
WBS	A	0.17%
AGCO	D	0.17%
ACI	C	0.17%
CPB	D	0.17%
ZBH	C	0.17%
IPG	D	0.17%
STWD	C	0.17%
KSS	F	0.17%
HOG	D	0.17%
MAN	F	0.17%
DV	C	0.17%
WU	F	0.16%
CRUS	D	0.16%
AXS	A	0.16%
BWA	D	0.16%
DINO	D	0.16%
PVH	C	0.16%
LKQ	F	0.16%
HII	F	0.16%
LH	B	0.16%
GLOB	B	0.16%
DXC	B	0.16%
MUSA	B	0.16%
KRC	B	0.15%
LVS	B	0.15%
PSN	D	0.15%
PH	A	0.15%
CRI	F	0.15%
EHC	B	0.15%
PB	B	0.15%
JWN	D	0.15%
INGR	C	0.15%
CXT	C	0.14%
VRSN	C	0.14%
QRVO	F	0.14%
BG	D	0.14%
FIS	C	0.14%
DG	F	0.14%
CLVT	D	0.14%
HST	C	0.14%
WEN	D	0.14%
G	B	0.14%
PK	C	0.14%
SJM	D	0.14%
IPGP	D	0.14%
BEN	C	0.14%
PATH	C	0.13%
GLPI	C	0.13%
MDU	D	0.13%
OKTA	C	0.13%
GTES	A	0.13%
BAX	F	0.13%
DVN	F	0.13%
POOL	C	0.13%
ARMK	B	0.13%
OZK	B	0.13%
JAZZ	B	0.13%
WH	B	0.13%
LEA	F	0.13%
FHB	B	0.13%
PR	B	0.13%
FMC	D	0.12%
WPC	C	0.12%
LPX	B	0.12%
FBIN	D	0.12%
NWL	C	0.12%
U	C	0.12%
ENTG	D	0.12%
PARA	C	0.12%
SWK	D	0.12%
POST	C	0.12%
APTV	F	0.12%
REG	A	0.12%
BBWI	C	0.12%
SON	F	0.12%
CROX	D	0.11%
LEG	F	0.11%
AGNC	C	0.11%
CNXC	F	0.11%
PINC	B	0.11%
BSY	F	0.11%
RPRX	D	0.11%
CUZ	B	0.11%
ADTN	A	0.11%
TDC	D	0.11%
CWEN	C	0.1%
TSN	B	0.1%
VOYA	B	0.1%
CIVI	D	0.1%
AAP	D	0.1%
SIRI	C	0.1%
AGR	A	0.1%
HRL	D	0.1%
IAC	F	0.1%
SNDR	B	0.1%
COLM	C	0.1%
SPB	C	0.1%
DDS	B	0.1%
NNN	C	0.1%
PRGO	C	0.1%
PPC	C	0.09%
MPW	F	0.09%
RGA	A	0.09%
PII	F	0.09%
D	C	0.09%
BOKF	B	0.09%
SEE	C	0.09%
LNC	C	0.08%
MTN	C	0.08%
VFC	C	0.08%
TFX	F	0.07%
FTRE	D	0.07%
AMKR	D	0.07%
OGN	F	0.06%
DT	D	0.06%
CF	A	0.06%
FANG	C	0.06%
HSIC	C	0.06%
SOLV	D	0.05%
AL	B	0.05%
EQR	C	0.04%
CE	F	0.04%
NVT	B	0.04%
UHAL	D	0.04%
HUN	F	0.03%
CLF	F	0.02%
BRX	A	0.01%
CPRI	F	0.01%
ALGM	D	0.0%
LOPE	C	0.0%

JVAL Underweight 70 Positions Relative to TCAF

Symbol	Grade	Weight
NVDA	B	-6.12%
AMZN	C	-4.51%
FTV	C	-2.71%
DHR	F	-2.63%
AEE	A	-1.91%
WCN	A	-1.64%
MA	B	-1.53%
LLY	F	-1.5%
CNP	A	-1.49%
VLTO	C	-1.49%
V	A	-1.44%
DTE	C	-1.31%
LIN	C	-1.24%
ABT	B	-1.24%
MLM	C	-1.2%
IR	B	-1.19%
NOC	D	-1.18%
NI	A	-1.09%
ICE	C	-1.06%
MCK	A	-1.05%
YUM	D	-1.04%
AMD	F	-1.02%
MMC	B	-0.98%
ADSK	A	-0.95%
TMO	F	-0.93%
HLT	A	-0.92%
CMS	C	-0.82%
MCD	D	-0.78%
TDY	B	-0.71%
AMT	C	-0.7%
AVTR	F	-0.67%
ABBV	F	-0.67%
AJG	A	-0.62%
SBAC	D	-0.55%
GEHC	D	-0.54%
NXPI	D	-0.53%
BIIB	F	-0.53%
KKR	A	-0.49%
KDP	F	-0.46%
RSG	A	-0.44%
AUR	C	-0.41%
SBUX	A	-0.38%
NKE	F	-0.36%
BKNG	A	-0.34%
IEX	C	-0.33%
CSX	C	-0.28%
MAR	A	-0.28%
ARGX	B	-0.26%
DLTR	F	-0.25%
ACN	B	-0.25%
CME	B	-0.24%
WTW	B	-0.21%
AME	A	-0.2%
MS	A	-0.2%
SPGI	C	-0.2%
CMG	B	-0.16%
SYK	B	-0.15%
SLB	C	-0.15%
MSCI	C	-0.14%
DIS	B	-0.14%
CDNS	B	-0.12%
LNT	A	-0.12%
WEC	A	-0.12%
XEL	A	-0.11%
VMC	B	-0.11%
TW	A	-0.1%
GS	A	-0.1%
BA	F	-0.09%
TYL	B	-0.06%
TT	A	-0.05%