TCAF vs. BTHM ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF) to BlackRock Future U.S. Themes ETF (BTHM)

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

BTHM

BlackRock Future U.S. Themes ETF

BTHM Description

BlackRock Future U.S. Themes ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in growth stocks of companies across diversified market capitalization. The fund seeks to benchmark the performance of its portfolio against the S&P 500 Index. The fund employs proprietary research to create its portfolio. BlackRock Future U.S. Themes ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.12

Average Daily Volume

1,481

Number of Holdings ^*

149

* may have additional holdings in another (foreign) market

Performance

Period	TCAF	BTHM
30 Days	1.74%	7.97%
60 Days	2.92%	9.77%
90 Days	3.99%	4.47%
12 Months	28.41%	40.34%

29 Overlapping Holdings

Symbol	Grade	Weight in TCAF	Weight in BTHM	Overlap
AAPL	C	5.34%	4.98%	4.98%
ACN	C	0.25%	0.61%	0.25%
AMD	F	1.02%	0.22%	0.22%
AMZN	C	4.51%	3.58%	3.58%
APH	A	0.04%	2.14%	0.04%
AVGO	D	1.39%	1.67%	1.39%
CDNS	B	0.12%	1.4%	0.12%
GOOGL	C	3.12%	1.14%	1.14%
HLT	A	0.92%	0.32%	0.32%
IR	B	1.19%	0.58%	0.58%
KLAC	D	0.12%	0.06%	0.06%
LIN	D	1.24%	0.67%	0.67%
LRCX	F	0.32%	0.32%	0.32%
MAR	B	0.28%	0.24%	0.24%
MCK	B	1.05%	0.24%	0.24%
META	D	2.3%	2.19%	2.19%
MLM	B	1.2%	0.23%	0.23%
MMC	B	0.98%	0.37%	0.37%
MSFT	F	8.23%	6.58%	6.58%
NOC	D	1.18%	0.23%	0.23%
NVDA	C	6.12%	8.88%	6.12%
NXPI	D	0.53%	0.04%	0.04%
PTC	A	1.67%	0.46%	0.46%
RSG	A	0.44%	0.57%	0.44%
SYK	C	0.15%	0.51%	0.15%
TT	A	0.05%	1.18%	0.05%
VLTO	D	1.49%	0.14%	0.14%
VMC	B	0.11%	0.57%	0.11%
WCN	A	1.64%	0.63%	0.63%

TCAF Overweight 64 Positions Relative to BTHM

Symbol	Grade	Weight
UNH	C	2.95%
FTV	C	2.71%
DHR	F	2.63%
BDX	F	2.48%
RVTY	F	2.44%
AEE	A	1.91%
ROP	B	1.74%
CRM	B	1.63%
INTU	C	1.55%
MA	C	1.53%
LLY	F	1.5%
CNP	B	1.49%
RTX	C	1.47%
V	A	1.44%
DTE	C	1.31%
ABT	B	1.24%
NI	A	1.09%
ICE	C	1.06%
YUM	B	1.04%
ADSK	A	0.95%
TMO	F	0.93%
CMS	C	0.82%
MCD	D	0.78%
TDY	B	0.71%
AMT	D	0.7%
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%
BIIB	F	0.53%
KKR	A	0.49%
KDP	D	0.46%
AUR	C	0.41%
SBUX	A	0.38%
NKE	D	0.36%
EXC	C	0.34%
BKNG	A	0.34%
IEX	B	0.33%
ANSS	B	0.32%
CSX	B	0.28%
ARGX	A	0.26%
DLTR	F	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%
SLB	C	0.15%
MSCI	C	0.14%
DIS	B	0.14%
LNT	A	0.12%
WEC	A	0.12%
XEL	A	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%

TCAF Underweight 120 Positions Relative to BTHM

Symbol	Grade	Weight
TJX	A	-3.01%
COST	B	-2.72%
ROST	C	-2.57%
GE	D	-2.41%
BRK.A	B	-2.32%
PPC	C	-2.22%
PG	A	-2.2%
BSX	B	-1.93%
WMT	A	-1.84%
LOW	D	-1.56%
CHKP	D	-1.54%
CL	D	-1.51%
PSTG	D	-1.14%
GOOG	C	-1.12%
EME	C	-1.06%
TXN	C	-0.99%
SSNC	B	-0.78%
TRGP	B	-0.77%
MLI	C	-0.69%
CVLT	B	-0.69%
SNPS	B	-0.68%
CSCO	B	-0.67%
ORCL	B	-0.63%
GDDY	A	-0.62%
DTM	B	-0.6%
DECK	A	-0.6%
FI	A	-0.6%
CAT	B	-0.59%
MTZ	B	-0.57%
LII	A	-0.57%
ADI	D	-0.51%
DY	D	-0.51%
MSI	B	-0.51%
GGG	B	-0.49%
BMI	B	-0.49%
BAH	F	-0.48%
CPRT	A	-0.45%
FIX	A	-0.44%
CLH	B	-0.43%
LECO	B	-0.43%
ITT	A	-0.43%
QCOM	F	-0.43%
NFLX	A	-0.41%
DDS	B	-0.41%
ATR	B	-0.37%
JBL	B	-0.37%
ANF	C	-0.37%
DKS	C	-0.37%
SFM	A	-0.36%
BOX	B	-0.35%
GWW	B	-0.34%
AMAT	F	-0.34%
PWR	A	-0.33%
LNW	D	-0.31%
FFIV	B	-0.3%
TMHC	B	-0.29%
NTAP	C	-0.28%
GRMN	B	-0.27%
SNX	C	-0.27%
ADP	B	-0.27%
HWM	A	-0.27%
PHM	D	-0.27%
FLR	B	-0.26%
SPOT	B	-0.25%
HUBB	B	-0.24%
KR	B	-0.24%
AXS	A	-0.24%
FAST	B	-0.23%
AXON	A	-0.22%
HESM	B	-0.21%
CRUS	D	-0.21%
AFL	B	-0.21%
UFPI	B	-0.2%
CRS	A	-0.2%
SM	B	-0.19%
VRSK	A	-0.18%
OC	A	-0.18%
ORLY	B	-0.18%
MUSA	A	-0.17%
EHC	B	-0.17%
ACM	A	-0.16%
WSM	B	-0.16%
CACI	D	-0.16%
AZO	C	-0.15%
SEIC	B	-0.13%
LKQ	D	-0.13%
BKR	B	-0.13%
NRG	B	-0.12%
AMG	B	-0.12%
ESNT	D	-0.12%
VOYA	B	-0.12%
TENB	C	-0.12%
ECL	D	-0.11%
PAG	B	-0.11%
AIT	A	-0.11%
EXP	A	-0.1%
TDW	F	-0.1%
GAP	C	-0.09%
ALSN	B	-0.09%
OTIS	C	-0.08%
WM	A	-0.08%
CTAS	B	-0.07%
CHD	B	-0.06%
ZETA	D	-0.05%
FANG	D	-0.05%
JHG	A	-0.04%
GWRE	A	-0.04%
SKX	D	-0.04%
BRO	B	-0.04%
AWI	A	-0.04%
SSD	D	-0.03%
GPC	D	-0.03%
LPX	B	-0.03%
OLED	D	-0.03%
RS	B	-0.02%
ADBE	C	-0.02%
CAH	B	-0.02%
MTSI	B	-0.02%
KLG	C	-0.01%
CDW	F	-0.01%