TCAF vs. VALQ ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF) to American Century STOXX U.S. Quality Value ETF (VALQ)

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

$33.85

Average Daily Volume

559,388

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$63.18

Average Daily Volume

6,349

Number of Holdings ^*

241

* may have additional holdings in another (foreign) market

Performance

Period	TCAF	VALQ
30 Days	0.89%	2.26%
60 Days	3.04%	3.53%
90 Days	3.87%	5.24%
12 Months	28.26%	27.22%

17 Overlapping Holdings

Symbol	Grade	Weight in TCAF	Weight in VALQ	Overlap
AAPL	C	5.34%	2.63%	2.63%
ABBV	F	0.67%	1.67%	0.67%
ADSK	A	0.95%	0.2%	0.2%
AMZN	C	4.51%	2.22%	2.22%
APH	A	0.04%	1.76%	0.04%
AVGO	D	1.39%	0.09%	0.09%
BKNG	A	0.34%	0.11%	0.11%
ELV	F	0.67%	0.06%	0.06%
GOOGL	C	3.12%	0.62%	0.62%
INFA	D	0.1%	0.09%	0.09%
KLAC	F	0.12%	0.07%	0.07%
LRCX	F	0.32%	0.07%	0.07%
MCK	A	1.05%	0.09%	0.09%
META	D	2.3%	0.1%	0.1%
MSFT	D	8.23%	0.26%	0.26%
TT	A	0.05%	0.26%	0.05%
VLTO	C	1.49%	1.55%	1.49%

TCAF Overweight 76 Positions Relative to VALQ

Symbol	Grade	Weight
NVDA	B	6.12%
UNH	B	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%
PTC	B	1.67%
WCN	A	1.64%
CRM	B	1.63%
INTU	B	1.55%
MA	B	1.53%
LLY	F	1.5%
CNP	A	1.49%
RTX	D	1.47%
V	A	1.44%
DTE	C	1.31%
LIN	C	1.24%
ABT	B	1.24%
MLM	C	1.2%
IR	B	1.19%
NOC	D	1.18%
NI	A	1.09%
ICE	C	1.06%
YUM	D	1.04%
AMD	F	1.02%
MMC	B	0.98%
TMO	F	0.93%
HLT	A	0.92%
CMS	C	0.82%
MCD	D	0.78%
TDY	B	0.71%
AMT	C	0.7%
SCI	B	0.68%
AVTR	F	0.67%
AJG	A	0.62%
HUM	C	0.55%
SBAC	D	0.55%
GEHC	D	0.54%
NXPI	D	0.53%
BIIB	F	0.53%
KKR	A	0.49%
KDP	F	0.46%
RSG	A	0.44%
AUR	C	0.41%
SBUX	A	0.38%
NKE	F	0.36%
EXC	C	0.34%
IEX	C	0.33%
ANSS	B	0.32%
CSX	C	0.28%
MAR	A	0.28%
ARGX	B	0.26%
DLTR	F	0.25%
ACN	B	0.25%
CME	B	0.24%
WTW	B	0.21%
AME	A	0.2%
MS	A	0.2%
SPGI	C	0.2%
CMG	B	0.16%
SYK	B	0.15%
SLB	C	0.15%
MSCI	C	0.14%
DIS	B	0.14%
CDNS	B	0.12%
LNT	A	0.12%
WEC	A	0.12%
XEL	A	0.11%
VMC	B	0.11%
TW	A	0.1%
GS	A	0.1%
PNC	B	0.1%
BA	F	0.09%
TYL	B	0.06%

TCAF Underweight 224 Positions Relative to VALQ

Symbol	Grade	Weight
CMCSA	B	-2.31%
MSI	B	-2.23%
WMT	A	-2.19%
IBM	C	-2.04%
NFLX	A	-1.99%
HD	B	-1.96%
INGR	C	-1.94%
KMB	C	-1.91%
EBAY	D	-1.88%
ETN	A	-1.87%
CTAS	B	-1.84%
SPG	A	-1.76%
HPQ	B	-1.72%
CL	D	-1.71%
KO	D	-1.66%
CLX	A	-1.55%
TXN	C	-1.48%
TGT	F	-1.47%
JLL	D	-1.45%
MAS	D	-1.21%
UBER	F	-1.19%
OC	A	-1.15%
LYB	F	-1.14%
BBY	D	-1.12%
TOL	B	-1.07%
PG	C	-1.07%
OTIS	C	-1.03%
SFM	A	-1.02%
GPC	D	-0.93%
TPR	B	-0.92%
ITW	B	-0.91%
MTD	F	-0.88%
LECO	C	-0.86%
CAH	B	-0.84%
BMY	B	-0.82%
CTSH	B	-0.8%
PYPL	B	-0.8%
SEIC	B	-0.76%
CSCO	B	-0.72%
DOX	D	-0.68%
NVT	B	-0.68%
CI	D	-0.66%
IVZ	B	-0.64%
DCI	B	-0.61%
MO	A	-0.56%
ALLE	C	-0.55%
HRB	D	-0.54%
NYT	D	-0.53%
QCOM	F	-0.52%
AYI	B	-0.51%
FFIV	B	-0.51%
REYN	D	-0.46%
ECL	D	-0.45%
MTG	C	-0.42%
CBT	D	-0.41%
NTAP	C	-0.41%
HUBB	B	-0.41%
G	B	-0.39%
ZM	C	-0.38%
DBX	B	-0.38%
FLS	B	-0.36%
AZEK	A	-0.33%
SHW	B	-0.33%
DOCU	B	-0.33%
ARW	D	-0.32%
GWW	B	-0.32%
AMCR	C	-0.31%
SM	B	-0.3%
JBL	C	-0.29%
NOVT	D	-0.29%
WSM	C	-0.29%
QLYS	B	-0.28%
APP	B	-0.27%
PH	A	-0.26%
FICO	B	-0.25%
KR	B	-0.23%
FLO	D	-0.23%
NEU	D	-0.23%
COLM	C	-0.21%
MPC	D	-0.21%
BRBR	A	-0.2%
CAT	B	-0.2%
ORI	A	-0.19%
UHS	D	-0.19%
DVA	C	-0.19%
JEF	A	-0.19%
CRUS	D	-0.18%
NSIT	F	-0.18%
LEN	D	-0.17%
LAMR	C	-0.17%
TJX	A	-0.17%
CR	A	-0.17%
DDS	B	-0.16%
DPZ	C	-0.16%
SYY	D	-0.15%
PPG	F	-0.15%
GAP	C	-0.15%
ROST	D	-0.15%
EXEL	B	-0.14%
UTHR	C	-0.14%
ALSN	B	-0.14%
LFUS	D	-0.14%
ANF	F	-0.14%
WING	D	-0.13%
EXPE	B	-0.13%
AMKR	D	-0.13%
IDXX	F	-0.13%
EME	A	-0.13%
TWLO	A	-0.13%
PEGA	B	-0.12%
DKS	D	-0.12%
SYF	B	-0.12%
SNA	A	-0.11%
MMM	D	-0.11%
FTNT	C	-0.11%
MLI	B	-0.11%
GL	C	-0.11%
AXS	A	-0.11%
AIT	B	-0.11%
GILD	C	-0.11%
UNM	A	-0.11%
GDDY	A	-0.1%
STLD	B	-0.1%
AXTA	B	-0.1%
PKG	A	-0.1%
FOXA	A	-0.1%
VMI	B	-0.1%
TAP	C	-0.1%
TXRH	B	-0.1%
BK	A	-0.1%
GM	C	-0.1%
NTRS	A	-0.1%
RHI	C	-0.1%
THC	D	-0.1%
RL	C	-0.1%
INCY	C	-0.1%
EPAM	B	-0.1%
BYD	B	-0.1%
EVR	B	-0.1%
TRMB	B	-0.1%
KEYS	A	-0.09%
RMD	C	-0.09%
BWA	D	-0.09%
MSM	C	-0.09%
BRK.A	B	-0.09%
TMHC	C	-0.09%
DLB	B	-0.09%
ADBE	C	-0.09%
VRSN	C	-0.09%
CACI	D	-0.09%
L	A	-0.09%
COR	B	-0.09%
JKHY	D	-0.09%
DGX	A	-0.09%
FIZZ	C	-0.09%
CSL	C	-0.09%
MANH	D	-0.09%
OMC	C	-0.09%
PGR	A	-0.09%
LMT	D	-0.09%
JAZZ	B	-0.09%
TROW	B	-0.09%
BMI	B	-0.09%
RGA	A	-0.09%
LDOS	C	-0.09%
ALL	A	-0.09%
SWKS	F	-0.09%
HIG	B	-0.09%
FDX	B	-0.09%
CMC	B	-0.09%
EA	A	-0.09%
AIZ	A	-0.09%
EHC	B	-0.09%
OMF	A	-0.09%
HPE	B	-0.09%
ALKS	C	-0.09%
FIS	C	-0.09%
WTS	B	-0.09%
CHTR	C	-0.09%
STT	B	-0.09%
USFD	A	-0.09%
AMG	B	-0.09%
MHK	D	-0.08%
COKE	C	-0.08%
CAG	F	-0.08%
AMAT	F	-0.08%
GIS	D	-0.08%
AN	C	-0.08%
KBH	D	-0.08%
EG	C	-0.08%
TXT	D	-0.08%
VLO	C	-0.08%
NXST	C	-0.08%
JNJ	C	-0.08%
PHM	D	-0.08%
MAT	D	-0.08%
EEFT	B	-0.08%
POST	C	-0.08%
EXPD	C	-0.08%
PVH	C	-0.08%
SAIC	F	-0.08%
NVR	D	-0.08%
BERY	C	-0.08%
PARA	C	-0.08%
ADTN	A	-0.08%
SSNC	B	-0.08%
TSN	B	-0.08%
K	A	-0.08%
CCK	D	-0.08%
TER	F	-0.07%
IQV	F	-0.07%
ALLY	C	-0.07%
MEDP	D	-0.07%
SWK	D	-0.07%
CPB	D	-0.07%
SKX	D	-0.07%
MMS	F	-0.07%
AOS	F	-0.07%
TKR	D	-0.07%
IGT	F	-0.07%
AKAM	D	-0.07%
CROX	D	-0.06%
CNC	D	-0.06%
QRVO	F	-0.05%