TCAF vs. BALI ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF) to BlackRock Advantage Large Cap Income ETF (BALI)

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

$32.79

Average Daily Volume

472,698

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BALI

BlackRock Advantage Large Cap Income ETF

BALI Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in large cap equity securities and derivatives that have similar economic characteristics to such securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.86

Average Daily Volume

27,209

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TCAF	BALI
30 Days	3.82%	3.35%
60 Days	8.73%	9.28%
90 Days	4.05%	2.91%
12 Months	34.53%	31.19%

5 Overlapping Holdings

Symbol	Grade	Weight in TCAF	Weight in BALI	Overlap
AAPL	C	5.47%	7.8%	5.47%
AMZN	C	4.28%	4.32%	4.28%
GOOGL	B	3.34%	2.86%	2.86%
MSFT	D	8.01%	7.33%	7.33%
NVDA	B	6.14%	5.58%	5.58%

TCAF Overweight 5 Positions Relative to BALI

Symbol	Grade	Weight
UNH	B	3.04%
DHR	D	2.5%
FTV	C	2.45%
BDX	C	2.44%
RVTY	C	2.39%

TCAF Underweight 0 Positions Relative to BALI

	Symbol	Grade	Weight