MTUM vs. TGRT ETF Comparison

Comparison of iShares MSCI USA Momentum Factor ETF (MTUM) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Growth ETF (TGRT)

MTUM

iShares MSCI USA Momentum Factor ETF

MTUM Description

The investment seeks to track the performance of an index that measures the performance of U.S. large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Momentum Index (the "underlying index") consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks.

Grade (RS Rating)

Last Trade

$214.46

Average Daily Volume

848,053

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

TGRT

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

TGRT Description

The fund will invest primarily in U.S. equity securities. The adviser uses a growth style of investing. Accordingly, the adviser looks for companies with an above-average rate of earnings, cash flow growth, and a lucrative niche in the economy that gives them the ability to sustain earnings momentum even during times of slow economic growth. The fund may purchase the stocks of companies of any size, but typically focuses on large-cap companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.67

Average Daily Volume

32,655

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MTUM	TGRT
30 Days	4.24%	2.78%
60 Days	5.49%	4.81%
90 Days	9.25%	6.89%
12 Months	42.64%	36.87%

15 Overlapping Holdings

Symbol	Grade	Weight in MTUM	Weight in TGRT	Overlap
ANET	C	1.17%	0.36%	0.36%
APH	B	0.97%	1.06%	0.97%
AVGO	D	4.72%	1.53%	1.53%
COST	B	3.63%	0.78%	0.78%
CTAS	B	0.91%	0.34%	0.34%
FI	A	0.9%	1.83%	0.9%
FICO	B	0.6%	0.68%	0.6%
HWM	B	0.73%	0.65%	0.65%
ISRG	C	1.54%	1.59%	1.54%
KLAC	F	0.8%	0.15%	0.15%
LLY	F	3.82%	2.85%	2.85%
MPWR	F	0.24%	0.15%	0.15%
NVDA	C	5.34%	10.21%	5.34%
TDG	D	0.7%	0.45%	0.45%
VRTX	D	0.95%	0.31%	0.31%

MTUM Overweight 109 Positions Relative to TGRT

Symbol	Grade	Weight
JPM	B	5.48%
WMT	B	4.93%
GE	D	2.96%
PM	B	2.93%
KO	D	2.71%
NEE	D	2.24%
RTX	D	2.19%
GS	B	2.0%
PGR	A	1.88%
TXN	D	1.86%
AXP	A	1.53%
LMT	D	1.37%
KKR	B	1.3%
BSX	C	1.25%
MMM	D	1.21%
MO	A	1.19%
SO	D	1.15%
TT	B	1.13%
CEG	D	1.12%
TJX	A	1.09%
C	A	1.08%
PLTR	B	1.02%
MSI	C	1.0%
CB	D	0.9%
MSTR	C	0.89%
DUK	C	0.88%
WELL	C	0.84%
VST	B	0.82%
NEM	F	0.79%
CL	D	0.79%
AFL	B	0.78%
APP	B	0.74%
ICE	D	0.72%
MCO	A	0.7%
VRT	B	0.63%
WMB	B	0.63%
TRGP	B	0.61%
AJG	A	0.59%
PEG	A	0.5%
DELL	C	0.49%
BK	A	0.48%
IRM	C	0.48%
HIG	B	0.46%
PWR	A	0.43%
GRMN	A	0.42%
ALL	B	0.41%
AEP	D	0.4%
EME	B	0.38%
DFS	B	0.38%
DHI	D	0.37%
RSG	A	0.36%
ACGL	D	0.35%
CBRE	B	0.34%
GDDY	B	0.34%
TPL	B	0.33%
WAB	B	0.33%
AXON	B	0.32%
VTR	D	0.31%
NTAP	C	0.31%
VLTO	C	0.31%
PHM	C	0.31%
ALNY	D	0.3%
KDP	D	0.3%
AVB	B	0.29%
RMD	C	0.29%
K	A	0.29%
NDAQ	A	0.28%
LEN	C	0.28%
NRG	C	0.27%
BRO	B	0.27%
EIX	A	0.26%
EBAY	C	0.25%
FITB	B	0.25%
LDOS	D	0.24%
LII	A	0.24%
TYL	A	0.23%
CSL	B	0.23%
NVR	D	0.23%
SW	B	0.22%
SYF	A	0.22%
DOV	A	0.22%
EQR	B	0.17%
PKG	B	0.16%
IFF	D	0.16%
HEI	B	0.16%
ESS	B	0.15%
IP	B	0.15%
HOOD	B	0.15%
UTHR	C	0.15%
ERIE	D	0.13%
HEI	B	0.12%
MAA	B	0.12%
UHS	D	0.11%
CFG	B	0.11%
DKS	C	0.1%
DGX	B	0.09%
NI	A	0.09%
FNF	B	0.08%
AMCR	D	0.08%
DOC	C	0.08%
FOXA	C	0.07%
CPT	B	0.07%
FOX	B	0.07%
DVA	B	0.07%
CHRW	C	0.06%
ALLY	C	0.06%
UDR	B	0.05%
LNT	A	0.05%
EQH	B	0.03%

MTUM Underweight 76 Positions Relative to TGRT

Symbol	Grade	Weight
MSFT	D	-11.41%
AAPL	B	-9.94%
AMZN	C	-6.46%
GOOGL	C	-5.82%
META	D	-5.65%
MA	B	-2.6%
V	A	-2.13%
INTU	C	-1.86%
UNH	B	-1.76%
NOW	B	-1.4%
NFLX	B	-1.35%
ADBE	C	-1.2%
CI	D	-1.02%
BKNG	B	-0.95%
HD	A	-0.95%
SYK	C	-0.92%
TSLA	B	-0.92%
AMD	F	-0.88%
ROST	C	-0.81%
IR	A	-0.75%
CMG	B	-0.74%
DHR	D	-0.74%
SHOP	B	-0.69%
TW	B	-0.67%
CRM	B	-0.6%
EFX	D	-0.57%
CDNS	B	-0.5%
MELI	C	-0.48%
ASML	F	-0.47%
HLT	A	-0.45%
SNPS	B	-0.44%
UBER	D	-0.42%
ARGX	B	-0.41%
SBUX	B	-0.41%
SPOT	B	-0.41%
CPNG	D	-0.41%
ORLY	B	-0.39%
TMUS	A	-0.38%
BDX	F	-0.38%
HUBS	B	-0.35%
TSM	C	-0.35%
SCHW	A	-0.34%
ADP	B	-0.34%
MCK	C	-0.33%
TEAM	B	-0.33%
DT	C	-0.31%
LIN	D	-0.3%
QCOM	F	-0.3%
HCA	F	-0.29%
SLB	C	-0.29%
MMC	A	-0.28%
LRCX	F	-0.27%
IOT	B	-0.27%
PANW	C	-0.27%
ADSK	B	-0.26%
APO	A	-0.26%
ROP	B	-0.24%
ADI	D	-0.21%
DKNG	C	-0.2%
ELV	F	-0.19%
ENTG	D	-0.19%
WDAY	C	-0.19%
SPGI	C	-0.17%
LEGN	F	-0.16%
CBOE	B	-0.16%
REGN	F	-0.16%
SHW	A	-0.16%
PEP	F	-0.15%
ULTA	F	-0.15%
ZTS	D	-0.15%
DG	F	-0.15%
WCN	A	-0.14%
BR	A	-0.14%
FAST	B	-0.14%
STZ	D	-0.1%
LULU	C	-0.08%