SMCO vs. TMSL ETF Comparison

Comparison of Hilton Small-MidCap Opportunity ETF (SMCO) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Small-Mid Cap ETF (TMSL)

SMCO

Hilton Small-MidCap Opportunity ETF

SMCO Description

The Sub-Adviser uses its proprietary Small & Mid Cap Opportunities investment process ("SMCO Process") to seek risk-adjusted returns by investing in U.S. equity securities within the small- and mid-cap asset classes. The fund"s portfolio will typically consist of between 50-75 stocks. The fund"s portfolio will consistently consist of stocks that the Sub-Adviser deems fundamentally attractive and reasonably valued. Under normal circumstances, at least 80% of the fund"s net assets, plus borrowings for investment purposes, will be invested in equity securities of small- and mid-capitalization companies.

Grade (RS Rating)

Last Trade

$26.68

Average Daily Volume

14,894

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TMSL

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Small-Mid Cap ETF

TMSL Description

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in assets issued by small- or mid-cap companies. The fund may at times invest significantly in certain sectors, such as the information technology sector.

Grade (RS Rating)

Last Trade

$34.22

Average Daily Volume

69,723

Number of Holdings ^*

256

* may have additional holdings in another (foreign) market

Performance

Period	SMCO	TMSL
30 Days	3.80%	3.44%
60 Days	6.11%	4.23%
90 Days	9.44%	7.83%
12 Months		33.49%

20 Overlapping Holdings

Symbol	Grade	Weight in SMCO	Weight in TMSL	Overlap
BJ	B	1.57%	0.28%	0.28%
BURL	B	1.72%	0.53%	0.53%
BWXT	B	1.78%	0.16%	0.16%
CLH	C	2.78%	0.48%	0.48%
CRL	D	1.17%	0.22%	0.22%
CWEN	C	1.12%	0.2%	0.2%
DOX	D	1.15%	0.31%	0.31%
ELF	C	0.74%	0.26%	0.26%
EME	A	2.47%	0.54%	0.54%
ENTG	F	1.42%	0.52%	0.52%
LSTR	D	1.13%	0.28%	0.28%
MKSI	C	1.5%	1.19%	1.19%
PLNT	A	1.64%	0.41%	0.41%
REXR	F	0.76%	0.84%	0.76%
RL	C	2.06%	0.63%	0.63%
RNR	C	1.51%	0.95%	0.95%
RS	B	1.43%	0.61%	0.61%
SAIA	C	1.91%	0.56%	0.56%
TECH	F	1.34%	0.28%	0.28%
TFX	F	0.92%	0.61%	0.61%

SMCO Overweight 41 Positions Relative to TMSL

Symbol	Grade	Weight
KD	A	2.92%
HLI	A	2.67%
PRIM	A	2.6%
DY	D	2.48%
LYV	A	2.47%
CFR	B	2.17%
MGNI	B	2.17%
CBU	B	2.14%
EQT	A	2.08%
NVT	C	1.97%
TDY	B	1.94%
MC	B	1.91%
MTSI	B	1.75%
CBSH	B	1.75%
CYBR	A	1.68%
CIEN	B	1.66%
CMC	B	1.59%
J	D	1.58%
IDA	A	1.56%
BAH	F	1.54%
VVV	D	1.52%
SFM	B	1.45%
BR	B	1.43%
COLD	D	1.42%
IRT	A	1.3%
DBRG	F	1.28%
SNX	C	1.27%
POOL	D	1.21%
ATR	B	1.18%
STE	D	1.17%
SMPL	B	1.16%
TENB	D	1.11%
CTRA	B	1.1%
CMS	C	1.04%
WST	C	1.02%
ARES	A	1.0%
HP	C	0.91%
ASH	F	0.91%
MGY	A	0.9%
ICFI	F	0.77%
ARE	F	0.75%

SMCO Underweight 236 Positions Relative to TMSL

Symbol	Grade	Weight
SWK	F	-1.44%
SEM	B	-1.35%
FTI	A	-1.23%
CPAY	A	-1.23%
TXT	D	-1.17%
WAL	B	-1.15%
BPOP	C	-1.14%
THC	C	-1.13%
DT	D	-0.87%
ESAB	B	-0.81%
WBS	A	-0.8%
LAMR	D	-0.79%
RPM	B	-0.77%
SSNC	C	-0.75%
GDDY	A	-0.75%
HII	F	-0.75%
DOCU	B	-0.71%
VOYA	B	-0.67%
LDOS	C	-0.65%
BFAM	F	-0.65%
GEN	B	-0.64%
WU	F	-0.62%
TOL	B	-0.6%
INSM	C	-0.59%
CUBE	D	-0.59%
NTNX	B	-0.59%
BDC	B	-0.59%
NI	A	-0.59%
VNO	C	-0.58%
CRBG	B	-0.58%
ZBRA	B	-0.57%
HBAN	B	-0.56%
PATK	C	-0.56%
SITE	F	-0.55%
OPCH	F	-0.54%
STLD	B	-0.54%
CF	A	-0.53%
FBP	B	-0.52%
XPRO	F	-0.52%
STNG	D	-0.52%
RGA	B	-0.51%
MNDY	D	-0.51%
WYNN	D	-0.51%
MWA	B	-0.51%
WING	F	-0.5%
CVNA	B	-0.5%
SUM	B	-0.5%
AGCO	F	-0.5%
VTRS	A	-0.5%
CW	B	-0.49%
IOT	A	-0.49%
APG	C	-0.48%
EWBC	A	-0.48%
WSC	F	-0.48%
COOP	B	-0.47%
DUOL	A	-0.47%
ST	F	-0.46%
BLX	B	-0.46%
EQH	B	-0.46%
EXAS	D	-0.45%
TYL	B	-0.45%
TTC	F	-0.45%
EHC	B	-0.45%
OMF	A	-0.45%
MIDD	D	-0.44%
MORN	B	-0.44%
TOST	A	-0.43%
BRX	A	-0.43%
HUBB	B	-0.43%
RRC	B	-0.43%
JBL	C	-0.42%
TKR	F	-0.42%
LRN	A	-0.41%
KFY	B	-0.41%
FMC	D	-0.41%
NVR	D	-0.41%
HOLX	D	-0.4%
TNL	B	-0.4%
EG	C	-0.4%
VFC	C	-0.39%
AEE	A	-0.39%
AWI	A	-0.39%
FND	D	-0.39%
DKNG	B	-0.39%
BCO	F	-0.39%
RYN	D	-0.39%
BBWI	C	-0.38%
SUI	C	-0.38%
DPZ	C	-0.38%
NCLH	B	-0.37%
PHIN	A	-0.37%
VRRM	F	-0.37%
PR	B	-0.36%
REG	A	-0.36%
PTC	B	-0.36%
NXST	D	-0.35%
FITB	B	-0.35%
NWS	B	-0.35%
PCVX	D	-0.34%
UHS	D	-0.34%
RNA	C	-0.34%
UPWK	C	-0.33%
STGW	B	-0.33%
FLO	D	-0.33%
ULTA	F	-0.33%
DRH	B	-0.32%
BPMC	C	-0.32%
GEO	A	-0.32%
KMPR	A	-0.32%
DOLE	D	-0.32%
USFD	A	-0.32%
MAIN	A	-0.31%
SKWD	A	-0.31%
RVTY	D	-0.31%
MANH	D	-0.3%
MOH	F	-0.3%
LPX	B	-0.3%
OC	A	-0.3%
POR	C	-0.3%
HWM	A	-0.29%
EVRI	A	-0.29%
NBIX	C	-0.29%
SHOO	D	-0.29%
BERY	C	-0.28%
OFG	B	-0.28%
ASGN	F	-0.28%
ARMK	B	-0.28%
FCN	D	-0.28%
AYI	B	-0.27%
LPLA	A	-0.27%
FTDR	A	-0.27%
ATEN	A	-0.27%
PAYO	A	-0.27%
ELS	B	-0.26%
CASY	A	-0.26%
CPA	A	-0.26%
VNT	C	-0.26%
STEP	B	-0.26%
KRC	C	-0.26%
ELAN	D	-0.26%
PFGC	B	-0.25%
PLAB	C	-0.25%
HST	D	-0.25%
KYMR	D	-0.25%
SCI	B	-0.25%
CHDN	B	-0.25%
NTRA	A	-0.25%
BLDR	F	-0.25%
VRTS	B	-0.25%
AZEK	B	-0.24%
PCTY	B	-0.24%
MTX	C	-0.24%
MCB	B	-0.24%
GLOB	C	-0.24%
RVMD	B	-0.24%
BLBD	F	-0.24%
BOX	B	-0.24%
CBOE	C	-0.23%
CRNX	B	-0.23%
BLD	F	-0.23%
OIS	B	-0.23%
RDDT	A	-0.23%
EEFT	C	-0.23%
CTLT	D	-0.23%
TREX	C	-0.23%
WFRD	F	-0.22%
UFPI	C	-0.22%
TDW	F	-0.22%
CELH	F	-0.22%
ESS	B	-0.22%
ALV	C	-0.22%
ALKS	C	-0.21%
EPR	D	-0.21%
ONON	B	-0.21%
LSCC	F	-0.21%
VRNT	D	-0.21%
BRZE	C	-0.21%
RGEN	D	-0.21%
WFG	C	-0.21%
LPRO	C	-0.21%
PK	D	-0.2%
SWN	C	-0.2%
PRDO	B	-0.2%
KEX	A	-0.2%
THG	A	-0.2%
TXRH	B	-0.2%
EVRG	A	-0.2%
NWE	C	-0.19%
OLLI	D	-0.19%
HAFC	B	-0.19%
NFG	A	-0.19%
BGNE	D	-0.18%
AHH	D	-0.18%
LUV	B	-0.18%
LEGN	D	-0.18%
RARE	F	-0.18%
PBH	A	-0.17%
ENS	D	-0.17%
TW	A	-0.17%
WDC	F	-0.17%
PLUS	F	-0.16%
AVNT	B	-0.16%
BFS	C	-0.16%
AVY	D	-0.16%
REPL	C	-0.16%
SRPT	F	-0.16%
VERA	C	-0.16%
FIX	A	-0.16%
GMRE	F	-0.15%
HIG	A	-0.15%
XRAY	D	-0.15%
CVLT	A	-0.15%
CNP	A	-0.15%
WTTR	A	-0.15%
NRIX	C	-0.14%
TDC	D	-0.14%
AMAL	B	-0.14%
ESNT	D	-0.13%
ACM	B	-0.12%
XNCR	B	-0.12%
ASND	F	-0.12%
NTLA	F	-0.11%
MDGL	C	-0.11%
ACAD	C	-0.11%
CLDX	D	-0.11%
IONS	F	-0.11%
AKRO	C	-0.11%
IDYA	F	-0.1%
ANET	D	-0.1%
APPF	C	-0.08%
RCKT	F	-0.08%
BXC	B	-0.08%
PRTA	F	-0.07%
SRRK	B	-0.06%
PLRX	D	-0.06%
SWTX	C	-0.04%