PY vs. TEQI ETF Comparison

Comparison of Principal Shareholder Yield Index ETF (PY) to T. Rowe Price Equity Income ETF (TEQI)

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$49.56

Average Daily Volume

4,052

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

TEQI

T. Rowe Price Equity Income ETF

TEQI Description

The investment seeks a high level of dividend income and long-term capital growth. The fund will normally invest at least 80% of its assets in common stocks listed in the United States, with an emphasis on large-capitalization stocks that have a strong track record of paying dividends or that are believed to be undervalued (or futures that have similar economic characteristics). It typically employs a value approach in selecting investments. The fund's in-house research team seeks companies that appear to be undervalued by various measures and may be temporarily out of favor but have good prospects for capital appreciation and dividend growth.

Grade (RS Rating)

Last Trade

$41.71

Average Daily Volume

9,640

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

Performance

Period	PY	TEQI
30 Days	3.70%	2.60%
60 Days	4.60%	4.58%
90 Days	8.27%	5.53%
12 Months	25.87%	21.84%

27 Overlapping Holdings

Symbol	Grade	Weight in PY	Weight in TEQI	Overlap
ACN	C	1.18%	0.72%	0.72%
AIG	D	0.83%	2.0%	0.83%
BAC	D	1.34%	0.48%	0.48%
BBY	C	0.76%	0.04%	0.04%
BK	B	1.0%	0.18%	0.18%
BMY	C	0.7%	0.47%	0.47%
CAG	C	0.62%	0.95%	0.62%
CB	B	1.12%	2.0%	1.12%
CF	C	0.6%	1.59%	0.6%
CMCSA	D	0.88%	0.6%	0.6%
CSX	D	0.8%	0.16%	0.16%
CVS	D	0.62%	0.93%	0.62%
CVX	D	1.08%	0.19%	0.19%
EQT	D	0.47%	0.71%	0.47%
FITB	B	0.94%	0.93%	0.93%
HIG	B	1.0%	1.3%	1.0%
LHX	C	0.8%	1.82%	0.8%
MET	B	0.81%	1.88%	0.81%
MSFT	C	3.94%	1.71%	1.71%
NSC	C	0.82%	0.56%	0.56%
PFE	C	0.86%	0.54%	0.54%
QCOM	D	1.26%	2.45%	1.26%
TXN	C	1.11%	0.97%	0.97%
UNP	C	0.99%	0.43%	0.43%
UPS	D	0.65%	1.05%	0.65%
WMB	B	0.86%	0.53%	0.53%
XOM	C	1.76%	1.69%	1.69%

PY Overweight 85 Positions Relative to TEQI

Symbol	Grade	Weight
AAPL	C	4.42%
AVGO	C	2.76%
HD	B	1.55%
LIN	B	1.24%
ALL	B	1.12%
ABT	C	1.12%
CAT	B	1.11%
ICE	C	1.04%
PHM	B	1.03%
LMT	C	1.02%
LOW	B	1.01%
FIS	B	1.0%
PH	B	1.0%
ADI	C	0.97%
MMC	C	0.97%
PNC	B	0.96%
TRV	C	0.95%
MO	C	0.93%
SPG	B	0.93%
RSG	D	0.92%
ADP	B	0.92%
TFC	C	0.9%
PLD	C	0.9%
NDAQ	A	0.88%
EXR	B	0.87%
PKG	B	0.85%
AMP	A	0.84%
KEY	B	0.84%
SYF	C	0.82%
MAS	B	0.82%
GLW	C	0.82%
JCI	B	0.81%
DFS	B	0.81%
SW	B	0.8%
FDX	C	0.79%
ESS	B	0.79%
CFG	C	0.79%
MPC	F	0.79%
MTB	B	0.78%
CINF	B	0.78%
PCAR	D	0.77%
PSX	F	0.77%
KR	C	0.75%
ALLE	B	0.75%
AVY	C	0.73%
PAYX	C	0.73%
TPR	C	0.72%
MAA	B	0.72%
VICI	C	0.72%
CTSH	C	0.72%
KIM	C	0.71%
UDR	C	0.71%
STT	A	0.71%
ZION	D	0.7%
DGX	B	0.7%
NTRS	A	0.68%
FOXA	B	0.68%
VLO	F	0.68%
GIS	B	0.68%
STLD	F	0.67%
AOS	D	0.67%
RF	B	0.66%
CMA	B	0.65%
HPQ	D	0.65%
INVH	C	0.65%
FOX	B	0.65%
HST	C	0.64%
EXPD	C	0.64%
DRI	B	0.63%
SNA	C	0.63%
CHRW	B	0.63%
MCHP	F	0.63%
ARE	C	0.62%
SWKS	D	0.59%
HSY	C	0.58%
POOL	C	0.57%
GPC	D	0.54%
DVN	F	0.52%
RHI	D	0.49%
ADM	D	0.48%
BEN	F	0.42%
XRAY	D	0.39%
AMZN	C	0.37%
MOS	F	0.37%
APA	F	0.32%

PY Underweight 85 Positions Relative to TEQI

Symbol	Grade	Weight
ELV	C	-2.7%
WFC	D	-2.41%
TTE	D	-2.33%
SO	B	-2.24%
NWSA	D	-2.21%
GE	B	-1.9%
BDX	D	-1.74%
SCHW	D	-1.7%
KMB	D	-1.69%
PM	C	-1.64%
UNH	C	-1.55%
ZBH	F	-1.55%
AMAT	D	-1.52%
EQR	B	-1.5%
EQH	C	-1.47%
JPM	D	-1.44%
IP	B	-1.38%
WY	C	-1.36%
SWK	B	-1.26%
C	C	-1.24%
KVUE	C	-1.21%
BA	F	-1.19%
WMT	C	-1.19%
DIS	D	-1.14%
CI	C	-1.13%
JNJ	C	-1.13%
HBAN	B	-1.11%
D	C	-1.09%
NXPI	F	-1.04%
L	C	-1.02%
LVS	D	-0.98%
TEL	D	-0.96%
NEE	C	-0.93%
USB	B	-0.92%
MDT	C	-0.91%
AZN	D	-0.9%
LUV	C	-0.87%
AEE	C	-0.86%
TSN	C	-0.84%
CL	D	-0.79%
SRE	C	-0.75%
RYN	C	-0.71%
SNY	B	-0.69%
VTRS	D	-0.69%
GEV	B	-0.64%
EOG	D	-0.63%
CMI	C	-0.57%
GM	C	-0.52%
REXR	C	-0.51%
ABBV	C	-0.5%
HON	D	-0.49%
BKR	C	-0.49%
MAT	C	-0.44%
INTC	F	-0.44%
KSS	F	-0.39%
DG	F	-0.38%
VZ	B	-0.37%
COP	D	-0.37%
MS	D	-0.35%
BIIB	F	-0.34%
TJX	B	-0.34%
GS	C	-0.33%
SRCL	A	-0.33%
GEHC	C	-0.3%
HES	F	-0.3%
APO	C	-0.28%
CSCO	C	-0.27%
MMM	B	-0.27%
MRO	C	-0.26%
MRK	D	-0.25%
HUM	F	-0.21%
NWS	D	-0.2%
CNC	D	-0.19%
NI	B	-0.18%
CAH	C	-0.15%
PCG	C	-0.15%
CRM	D	-0.14%
T	C	-0.13%
MDLZ	B	-0.1%
AMD	D	-0.08%
VNO	B	-0.06%
STZ	D	-0.04%
IFF	B	-0.04%
FLS	D	-0.02%
SOLV	C	-0.02%