TCAF vs. BCHP ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF) to Principal Focused Blue Chip ETF (BCHP)

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

$33.89

Average Daily Volume

565,915

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BCHP

Principal Focused Blue Chip ETF

BCHP Description

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies with large market capitalizations at the time of purchase that, in the opinion of Principal Global Investors, LLC ("PGI"), the fund"s investment advisor, display characteristics of a "blue chip" company. Blue chip companies are firms that, in PGI"s view, are well established in their industries and have the potential for growth of capital and an expectation for above-average earnings. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.14

Average Daily Volume

5,829

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TCAF	BCHP
30 Days	1.74%	4.02%
60 Days	2.92%	2.86%
90 Days	3.99%	6.47%
12 Months	28.41%	24.29%

12 Overlapping Holdings

Symbol	Grade	Weight in TCAF	Weight in BCHP	Overlap
AMT	D	0.7%	1.0%	0.7%
AMZN	C	4.51%	11.66%	4.51%
APH	A	0.04%	0.0%	0.0%
CDNS	B	0.12%	1.91%	0.12%
DHR	F	2.63%	4.47%	2.63%
HLT	A	0.92%	3.0%	0.92%
INTU	C	1.55%	3.69%	1.55%
MA	C	1.53%	7.07%	1.53%
MSFT	F	8.23%	13.49%	8.23%
ROP	B	1.74%	2.57%	1.74%
TMO	F	0.93%	2.27%	0.93%
V	A	1.44%	4.79%	1.44%

TCAF Overweight 81 Positions Relative to BCHP

Symbol	Grade	Weight
NVDA	C	6.12%
AAPL	C	5.34%
GOOGL	C	3.12%
UNH	C	2.95%
FTV	C	2.71%
BDX	F	2.48%
RVTY	F	2.44%
META	D	2.3%
AEE	A	1.91%
PTC	A	1.67%
WCN	A	1.64%
CRM	B	1.63%
LLY	F	1.5%
CNP	B	1.49%
VLTO	D	1.49%
RTX	C	1.47%
AVGO	D	1.39%
DTE	C	1.31%
LIN	D	1.24%
ABT	B	1.24%
MLM	B	1.2%
IR	B	1.19%
NOC	D	1.18%
NI	A	1.09%
ICE	C	1.06%
MCK	B	1.05%
YUM	B	1.04%
AMD	F	1.02%
MMC	B	0.98%
ADSK	A	0.95%
CMS	C	0.82%
MCD	D	0.78%
TDY	B	0.71%
SCI	B	0.68%
AVTR	F	0.67%
ELV	F	0.67%
ABBV	D	0.67%
AJG	B	0.62%
HUM	C	0.55%
SBAC	D	0.55%
GEHC	F	0.54%
NXPI	D	0.53%
BIIB	F	0.53%
KKR	A	0.49%
KDP	D	0.46%
RSG	A	0.44%
AUR	C	0.41%
SBUX	A	0.38%
NKE	D	0.36%
EXC	C	0.34%
BKNG	A	0.34%
IEX	B	0.33%
LRCX	F	0.32%
ANSS	B	0.32%
CSX	B	0.28%
MAR	B	0.28%
ARGX	A	0.26%
DLTR	F	0.25%
ACN	C	0.25%
CME	A	0.24%
WTW	B	0.21%
AME	A	0.2%
MS	A	0.2%
SPGI	C	0.2%
CMG	B	0.16%
SYK	C	0.15%
SLB	C	0.15%
MSCI	C	0.14%
DIS	B	0.14%
LNT	A	0.12%
KLAC	D	0.12%
WEC	A	0.12%
XEL	A	0.11%
VMC	B	0.11%
TW	A	0.1%
INFA	D	0.1%
GS	A	0.1%
PNC	B	0.1%
BA	F	0.09%
TYL	B	0.06%
TT	A	0.05%

TCAF Underweight 10 Positions Relative to BCHP

Symbol	Grade	Weight
GOOG	C	-11.03%
TDG	D	-4.9%
PGR	A	-4.88%
ADBE	C	-3.24%
NFLX	A	-3.18%
CSGP	D	-2.67%
ORLY	B	-2.39%
ZTS	D	-2.35%
SCHW	B	-2.13%
CPRT	A	-2.07%