LVOL vs. TCAF ETF Comparison

Comparison of American Century Low Volatility ETF (LVOL) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF)

LVOL

American Century Low Volatility ETF

LVOL Description

The investment seeks capital appreciation. The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500® Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

Grade (RS Rating)

Last Trade

$56.03

Average Daily Volume

251

Number of Holdings ^*

* 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

565,915

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LVOL	TCAF
30 Days	2.27%	1.74%
60 Days	3.47%	2.92%
90 Days	5.50%	3.99%
12 Months	22.98%	28.41%

27 Overlapping Holdings

Symbol	Grade	Weight in LVOL	Weight in TCAF	Overlap
AAPL	C	7.14%	5.34%	5.34%
ABBV	D	0.25%	0.67%	0.25%
ABT	B	1.35%	1.24%	1.24%
ACN	C	2.46%	0.25%	0.25%
ADSK	A	0.78%	0.95%	0.78%
AMZN	C	2.81%	4.51%	2.81%
APH	A	1.91%	0.04%	0.04%
BKNG	A	0.2%	0.34%	0.2%
CRM	B	0.51%	1.63%	0.51%
GOOGL	C	2.38%	3.12%	2.38%
HLT	A	0.15%	0.92%	0.15%
IEX	B	0.32%	0.33%	0.32%
INTU	C	1.43%	1.55%	1.43%
LIN	D	2.44%	1.24%	1.24%
MA	C	2.62%	1.53%	1.53%
MCD	D	0.52%	0.78%	0.52%
MMC	B	1.84%	0.98%	0.98%
MSCI	C	0.16%	0.14%	0.14%
MSFT	F	7.55%	8.23%	7.55%
PTC	A	1.26%	1.67%	1.26%
ROP	B	0.75%	1.74%	0.75%
RSG	A	1.03%	0.44%	0.44%
SPGI	C	1.53%	0.2%	0.2%
SYK	C	0.58%	0.15%	0.15%
TDY	B	0.67%	0.71%	0.67%
V	A	3.19%	1.44%	1.44%
YUM	B	0.43%	1.04%	0.43%

LVOL Overweight 71 Positions Relative to TCAF

Symbol	Grade	Weight
PG	A	2.68%
CSCO	B	2.62%
BRK.A	B	2.51%
HD	A	2.42%
JNJ	D	2.14%
CTAS	B	1.82%
COST	B	1.78%
MDT	D	1.64%
MRK	F	1.45%
CTSH	B	1.44%
HON	B	1.31%
PAYX	C	1.29%
DOX	D	1.21%
BSX	B	1.12%
FI	A	1.03%
PEP	F	1.0%
SHW	A	0.97%
ECL	D	0.91%
MSI	B	0.89%
WMT	A	0.87%
GD	F	0.87%
CL	D	0.87%
MCO	B	0.85%
WM	A	0.85%
ITW	B	0.8%
DOV	A	0.78%
EA	A	0.77%
GOOG	C	0.75%
AMP	A	0.71%
LOW	D	0.68%
HIG	B	0.66%
CB	C	0.64%
BLK	C	0.63%
PSA	D	0.57%
FAST	B	0.55%
GWW	B	0.55%
NDSN	B	0.55%
KMB	D	0.53%
VRSK	A	0.46%
IT	C	0.45%
IBM	C	0.42%
SNA	A	0.41%
CMCSA	B	0.41%
NTAP	C	0.39%
OTIS	C	0.38%
PH	A	0.36%
NOW	A	0.35%
ADP	B	0.31%
BR	A	0.3%
BMY	B	0.27%
PKG	A	0.25%
AVB	B	0.24%
CMI	A	0.24%
ZBH	C	0.22%
HOLX	D	0.21%
KO	D	0.19%
FDS	B	0.18%
MNST	C	0.18%
AVY	D	0.18%
MDLZ	F	0.18%
VRSN	F	0.18%
MAS	D	0.18%
FFIV	B	0.16%
TROW	B	0.16%
JKHY	D	0.14%
AMGN	D	0.13%
CW	B	0.12%
GGG	B	0.08%
LSTR	D	0.08%
DCI	B	0.08%
CHE	D	0.07%

LVOL Underweight 66 Positions Relative to TCAF

Symbol	Grade	Weight
NVDA	C	-6.12%
UNH	C	-2.95%
FTV	C	-2.71%
DHR	F	-2.63%
BDX	F	-2.48%
RVTY	F	-2.44%
META	D	-2.3%
AEE	A	-1.91%
WCN	A	-1.64%
LLY	F	-1.5%
CNP	B	-1.49%
VLTO	D	-1.49%
RTX	C	-1.47%
AVGO	D	-1.39%
DTE	C	-1.31%
MLM	B	-1.2%
IR	B	-1.19%
NOC	D	-1.18%
NI	A	-1.09%
ICE	C	-1.06%
MCK	B	-1.05%
AMD	F	-1.02%
TMO	F	-0.93%
CMS	C	-0.82%
AMT	D	-0.7%
SCI	B	-0.68%
AVTR	F	-0.67%
ELV	F	-0.67%
AJG	B	-0.62%
HUM	C	-0.55%
SBAC	D	-0.55%
GEHC	F	-0.54%
NXPI	D	-0.53%
BIIB	F	-0.53%
KKR	A	-0.49%
KDP	D	-0.46%
AUR	C	-0.41%
SBUX	A	-0.38%
NKE	D	-0.36%
EXC	C	-0.34%
LRCX	F	-0.32%
ANSS	B	-0.32%
CSX	B	-0.28%
MAR	B	-0.28%
ARGX	A	-0.26%
DLTR	F	-0.25%
CME	A	-0.24%
WTW	B	-0.21%
AME	A	-0.2%
MS	A	-0.2%
CMG	B	-0.16%
SLB	C	-0.15%
DIS	B	-0.14%
CDNS	B	-0.12%
LNT	A	-0.12%
KLAC	D	-0.12%
WEC	A	-0.12%
XEL	A	-0.11%
VMC	B	-0.11%
TW	A	-0.1%
INFA	D	-0.1%
GS	A	-0.1%
PNC	B	-0.1%
BA	F	-0.09%
TYL	B	-0.06%
TT	A	-0.05%