TCAF vs. GLOF ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF) to iShares Global Equity Factor ETF (GLOF)

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

559,388

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GLOF

iShares Global Equity Factor ETF

GLOF Description

The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The underlying index is designed to contain equity securities from the MSCI ACWI Index (the parent index) that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the parent index.

Grade (RS Rating)

Last Trade

$44.61

Average Daily Volume

4,374

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	TCAF	GLOF
30 Days	0.89%	0.04%
60 Days	3.04%	1.20%
90 Days	3.87%	1.32%
12 Months	28.26%	25.47%

38 Overlapping Holdings

Symbol	Grade	Weight in TCAF	Weight in GLOF	Overlap
AAPL	C	5.34%	4.28%	4.28%
ABBV	F	0.67%	0.62%	0.62%
ABT	B	1.24%	0.25%	0.25%
ACN	B	0.25%	0.29%	0.25%
AMZN	C	4.51%	2.18%	2.18%
AVGO	D	1.39%	1.19%	1.19%
BIIB	F	0.53%	0.02%	0.02%
BKNG	A	0.34%	0.77%	0.34%
CDNS	B	0.12%	0.51%	0.12%
CSX	C	0.28%	0.02%	0.02%
DHR	F	2.63%	0.01%	0.01%
DTE	C	1.31%	0.09%	0.09%
ELV	F	0.67%	0.3%	0.3%
GEHC	D	0.54%	0.13%	0.13%
GS	A	0.1%	0.13%	0.1%
HUM	C	0.55%	0.14%	0.14%
INTU	B	1.55%	0.5%	0.5%
KLAC	F	0.12%	0.3%	0.12%
LIN	C	1.24%	0.18%	0.18%
LLY	F	1.5%	0.73%	0.73%
LRCX	F	0.32%	0.2%	0.2%
MA	B	1.53%	0.52%	0.52%
MCD	D	0.78%	0.53%	0.53%
MCK	A	1.05%	0.61%	0.61%
META	D	2.3%	1.35%	1.35%
MSCI	C	0.14%	0.32%	0.14%
MSFT	D	8.23%	4.06%	4.06%
NI	A	1.09%	0.03%	0.03%
NKE	F	0.36%	0.08%	0.08%
NVDA	B	6.12%	4.5%	4.5%
SBUX	A	0.38%	0.19%	0.19%
SPGI	C	0.2%	0.2%	0.2%
TMO	F	0.93%	0.34%	0.34%
TT	A	0.05%	0.44%	0.05%
UNH	B	2.95%	0.73%	0.73%
V	A	1.44%	0.76%	0.76%
VLTO	C	1.49%	0.17%	0.17%
YUM	D	1.04%	0.22%	0.22%

TCAF Overweight 55 Positions Relative to GLOF

Symbol	Grade	Weight
GOOGL	C	3.12%
FTV	C	2.71%
BDX	F	2.48%
RVTY	F	2.44%
AEE	A	1.91%
ROP	B	1.74%
PTC	B	1.67%
WCN	A	1.64%
CRM	B	1.63%
CNP	A	1.49%
RTX	D	1.47%
MLM	C	1.2%
IR	B	1.19%
NOC	D	1.18%
ICE	C	1.06%
AMD	F	1.02%
MMC	B	0.98%
ADSK	A	0.95%
HLT	A	0.92%
CMS	C	0.82%
TDY	B	0.71%
AMT	C	0.7%
SCI	B	0.68%
AVTR	F	0.67%
AJG	A	0.62%
SBAC	D	0.55%
NXPI	D	0.53%
KKR	A	0.49%
KDP	F	0.46%
RSG	A	0.44%
AUR	C	0.41%
EXC	C	0.34%
IEX	C	0.33%
ANSS	B	0.32%
MAR	A	0.28%
ARGX	B	0.26%
DLTR	F	0.25%
CME	B	0.24%
WTW	B	0.21%
AME	A	0.2%
MS	A	0.2%
CMG	B	0.16%
SYK	B	0.15%
SLB	C	0.15%
DIS	B	0.14%
LNT	A	0.12%
WEC	A	0.12%
XEL	A	0.11%
VMC	B	0.11%
TW	A	0.1%
INFA	D	0.1%
PNC	B	0.1%
BA	F	0.09%
TYL	B	0.06%
APH	A	0.04%

TCAF Underweight 151 Positions Relative to GLOF

Symbol	Grade	Weight
GOOG	C	-2.61%
JPM	A	-0.94%
PG	C	-0.72%
HD	B	-0.7%
FTNT	C	-0.65%
LOW	C	-0.65%
WMT	A	-0.65%
FICO	B	-0.62%
PEP	F	-0.61%
JNJ	C	-0.6%
SYF	B	-0.58%
TEAM	A	-0.57%
AMP	A	-0.51%
COST	A	-0.51%
MSI	B	-0.49%
CTAS	B	-0.48%
BLDR	D	-0.48%
VST	A	-0.43%
MRK	D	-0.42%
KR	B	-0.42%
AZO	C	-0.42%
LII	A	-0.42%
ORCL	A	-0.4%
DOCU	B	-0.39%
BBY	D	-0.39%
NOW	A	-0.37%
MTD	F	-0.37%
TSLA	B	-0.37%
BMY	B	-0.36%
FERG	B	-0.36%
XOM	B	-0.36%
T	A	-0.35%
COF	C	-0.35%
TXN	C	-0.35%
QCOM	F	-0.35%
MFG	A	-0.34%
DELL	B	-0.34%
AMAT	F	-0.33%
ORLY	B	-0.33%
PANW	B	-0.33%
IT	C	-0.33%
HPE	B	-0.32%
EBAY	D	-0.31%
TGT	F	-0.31%
CRWD	B	-0.29%
STLD	B	-0.29%
MELI	C	-0.29%
HPQ	B	-0.28%
PM	B	-0.27%
GILD	C	-0.27%
HOLX	D	-0.25%
CSCO	B	-0.24%
ALLY	C	-0.24%
ABNB	C	-0.24%
GWW	B	-0.24%
ANET	C	-0.23%
MUFG	B	-0.22%
BAC	A	-0.22%
PHM	D	-0.22%
SNPS	B	-0.22%
MPC	D	-0.21%
PFE	F	-0.21%
AXP	A	-0.21%
KO	D	-0.2%
NVR	D	-0.2%
DVA	C	-0.2%
MOH	F	-0.2%
PSA	C	-0.2%
FNF	B	-0.2%
AMGN	F	-0.2%
NUE	C	-0.2%
DFS	B	-0.19%
ADBE	C	-0.19%
BRK.A	B	-0.19%
AFL	B	-0.18%
LYB	F	-0.18%
ETN	A	-0.18%
EMR	B	-0.18%
STT	B	-0.18%
MAS	D	-0.17%
HUBS	A	-0.17%
WFC	A	-0.17%
LI	F	-0.16%
TRV	B	-0.16%
VRTX	D	-0.15%
ZS	B	-0.14%
MRO	B	-0.14%
SIRI	C	-0.13%
HSY	F	-0.13%
VLO	C	-0.13%
COP	C	-0.13%
NTAP	C	-0.12%
BLK	B	-0.12%
UNP	C	-0.11%
URI	C	-0.11%
EG	C	-0.1%
CVS	D	-0.1%
CDW	F	-0.1%
VZ	C	-0.1%
PFG	D	-0.1%
BK	A	-0.1%
A	D	-0.09%
FOXA	A	-0.09%
UBER	F	-0.09%
SMFG	B	-0.09%
DE	B	-0.08%
GM	C	-0.08%
NWS	A	-0.08%
TM	F	-0.08%
IBM	C	-0.08%
SPG	A	-0.08%
DOW	F	-0.08%
IDXX	F	-0.07%
LULU	C	-0.07%
CF	A	-0.07%
TJX	A	-0.06%
CVX	A	-0.06%
ULTA	F	-0.06%
CRH	A	-0.06%
NDAQ	A	-0.06%
LINE	F	-0.05%
FWONA	A	-0.05%
MDLZ	F	-0.05%
PAYX	B	-0.05%
PH	A	-0.05%
CHTR	C	-0.05%
CPNG	D	-0.05%
FRT	B	-0.04%
DOX	D	-0.04%
TSCO	D	-0.04%
EA	A	-0.04%
CAT	B	-0.04%
MCO	B	-0.03%
QRVO	F	-0.03%
MRNA	F	-0.03%
MTCH	D	-0.03%
REG	A	-0.03%
WIT	B	-0.02%
STX	C	-0.02%
OMC	C	-0.02%
GL	C	-0.02%
VICI	C	-0.02%
WY	F	-0.02%
MOS	F	-0.02%
VRSN	C	-0.02%
MDT	D	-0.01%
OKTA	C	-0.01%
VEEV	C	-0.01%
PCAR	B	-0.01%
PLD	F	-0.01%
CEG	C	-0.01%