RNDV vs. TVAL ETF Comparison

Comparison of First Trust US Equity Dividend Select ETF (RNDV) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL)

RNDV

First Trust US Equity Dividend Select ETF

RNDV Description

The US Equity Dividend Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze US Equity Dividend Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$33.88

Average Daily Volume

2,565

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TVAL

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

TVAL Description

The fund will invest primarily in U.S. equity securities. In taking a value approach to investment selection, the adviser seeks to identify companies that appear to be undervalued by various measures, and may be temporarily out of favor, but have good prospects for capital appreciation. Some of the principal measures used to identify such stocks are: price/earnings ratio, price/book value ratio, price/sales ratio, dividend yield, price/cash flow, undervalued assets, and restructuring opportunities. The fund may purchase the stocks of companies of any size, but typically focuses on larger companies.

Grade (RS Rating)

Last Trade

$31.65

Average Daily Volume

9,764

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RNDV	TVAL
30 Days	2.66%	2.13%
60 Days	3.83%	3.36%
90 Days	5.79%	5.18%
12 Months	22.97%	26.46%

2 Overlapping Holdings

	Symbol	Grade	Weight in RNDV	Weight in TVAL	Overlap
	QCOM	F	1.97%	2.07%	1.97%
	XOM	D	0.62%	2.61%	0.62%

RNDV Overweight 94 Positions Relative to TVAL

Symbol	Grade	Weight
IBM	A	4.45%
VZ	B	3.7%
GLW	B	3.59%
HPQ	D	3.48%
TXN	C	3.42%
HPE	D	2.79%
IPG	C	2.48%
MCHP	D	2.19%
ACN	C	2.16%
BMY	C	2.07%
HAS	B	2.06%
TEL	D	2.02%
ADI	C	2.0%
BBY	C	1.84%
OMC	B	1.81%
CMCSA	D	1.69%
CVS	F	1.44%
BEN	F	1.39%
ABBV	C	1.28%
MDT	C	1.27%
PRU	C	1.2%
JNJ	C	1.17%
TROW	D	1.14%
MCD	B	1.1%
OKE	B	1.06%
GPC	D	1.06%
NTRS	B	1.05%
HD	A	1.04%
PFG	B	1.02%
MTB	A	1.01%
SWK	B	0.97%
UPS	F	0.97%
KVUE	C	0.95%
PM	C	0.95%
MET	A	0.92%
K	A	0.92%
CAG	C	0.9%
CINF	C	0.87%
KLAC	D	0.84%
LOW	A	0.84%
MSFT	C	0.83%
APH	C	0.82%
NKE	D	0.81%
BLK	B	0.79%
DGX	C	0.76%
CAH	C	0.76%
ABT	C	0.75%
MRK	D	0.75%
CME	C	0.73%
CVX	D	0.73%
AFL	C	0.73%
PAYX	C	0.72%
GIS	B	0.72%
TRV	B	0.67%
GRMN	D	0.66%
HRL	D	0.64%
AMCR	C	0.64%
POOL	D	0.64%
CHRW	A	0.62%
KMB	D	0.6%
EG	C	0.6%
TSN	D	0.6%
SNA	C	0.59%
LMT	B	0.59%
CI	C	0.57%
NSC	C	0.56%
O	C	0.55%
UNH	C	0.55%
EOG	D	0.54%
LEN	C	0.54%
ADP	B	0.53%
CTRA	D	0.53%
FMC	C	0.52%
CMI	C	0.52%
FAST	C	0.52%
BDX	F	0.51%
ITW	C	0.5%
UNP	C	0.49%
ES	C	0.44%
EVRG	B	0.43%
EMN	B	0.42%
MAA	C	0.4%
PNW	B	0.4%
LHX	C	0.4%
ETR	A	0.39%
FRT	C	0.39%
EIX	C	0.39%
EMR	D	0.35%
AEP	C	0.35%
APD	B	0.35%
CF	C	0.35%
ESS	C	0.33%
AVB	C	0.31%
DLR	B	0.28%

RNDV Underweight 8 Positions Relative to TVAL

Symbol	Grade	Weight
WFC	D	-2.55%
ELV	C	-2.17%
WMT	B	-2.02%
CB	B	-1.96%
HIG	B	-1.87%
BAC	D	-1.72%
SO	A	-1.68%
LLY	C	-1.63%