TCHP vs. USMV ETF Comparison

Comparison of T. Rowe Price Blue Chip Growth ETF (TCHP) to iShares MSCI USA Minimum Volatility ETF (USMV)

TCHP

T. Rowe Price Blue Chip Growth ETF

TCHP Description

The investment seeks to provide long-term capital growth; income is a secondary objective. The fund will normally invest at least 80% of its assets in the common stocks of large and medium-sized blue-chip growth companies that are listed in the United States (or futures that have similar economic characteristics). These are firms that, in the investment adviser's view, are well established in their industries and have the potential for above-average earnings growth. It focuses on companies with leading market positions, seasoned management, and strong financial fundamentals.

Grade (RS Rating)

Last Trade

$41.58

Average Daily Volume

115,864

Number of Holdings ^*

* may have additional holdings in another (foreign) market

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.46

Average Daily Volume

1,630,912

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	TCHP	USMV
30 Days	3.56%	1.70%
60 Days	5.32%	2.42%
90 Days	6.78%	4.02%
12 Months	38.28%	25.63%

26 Overlapping Holdings

Symbol	Grade	Weight in TCHP	Weight in USMV	Overlap
AAPL	C	9.47%	0.99%	0.99%
AMZN	C	7.96%	0.14%	0.14%
AVGO	D	0.45%	1.19%	0.45%
CB	C	1.06%	1.47%	1.06%
CL	D	0.42%	0.41%	0.41%
CRWD	B	0.23%	0.19%	0.19%
ELV	F	0.37%	0.52%	0.37%
FI	A	0.24%	0.69%	0.24%
GOOG	C	5.9%	0.16%	0.16%
HUM	C	0.32%	0.4%	0.32%
LIN	D	0.45%	0.16%	0.16%
LLY	F	3.53%	1.25%	1.25%
MA	C	2.38%	0.7%	0.7%
MDLZ	F	0.21%	0.44%	0.21%
MMC	B	0.45%	1.11%	0.45%
MSFT	F	12.82%	1.34%	1.34%
NOW	A	2.14%	0.75%	0.75%
NVDA	C	11.86%	0.67%	0.67%
PG	A	0.32%	1.23%	0.32%
ROP	B	0.59%	1.3%	0.59%
SNPS	B	0.91%	0.18%	0.18%
TJX	A	0.43%	0.45%	0.43%
TMUS	B	1.01%	1.95%	1.01%
TXN	C	0.16%	1.39%	0.16%
UNH	C	1.65%	1.34%	1.34%
V	A	2.67%	0.9%	0.9%

TCHP Overweight 47 Positions Relative to USMV

Symbol	Grade	Weight
META	D	4.86%
TSLA	B	1.97%
NFLX	A	1.77%
ISRG	A	1.63%
CVNA	B	1.4%
GOOGL	C	1.25%
ASML	F	0.96%
CMG	B	0.91%
CEG	D	0.87%
INTU	C	0.85%
DHR	F	0.84%
TMO	F	0.81%
BKNG	A	0.8%
GE	D	0.75%
MPWR	F	0.64%
SHOP	B	0.61%
AMD	F	0.58%
SYK	C	0.54%
ROST	C	0.48%
SPGI	C	0.45%
SHW	A	0.44%
TSM	B	0.43%
GS	A	0.42%
MS	A	0.41%
ZTS	D	0.36%
DASH	A	0.34%
SE	B	0.33%
ODFL	B	0.31%
DG	F	0.3%
TDG	D	0.3%
SCHW	B	0.29%
MDB	C	0.28%
CTAS	B	0.27%
SLB	C	0.23%
AZN	D	0.21%
GEV	B	0.21%
TEAM	A	0.2%
LRCX	F	0.17%
DDOG	A	0.16%
LULU	C	0.14%
SNOW	C	0.11%
BILL	A	0.11%
MSCI	C	0.11%
VLTO	D	0.07%
CFLT	B	0.06%
FTNT	C	0.06%
NKE	D	0.05%

TCHP Underweight 144 Positions Relative to USMV

Symbol	Grade	Weight
MSI	B	-1.81%
WMT	A	-1.78%
PGR	A	-1.67%
IBM	C	-1.66%
WCN	A	-1.56%
RSG	A	-1.55%
BRK.A	B	-1.55%
DUK	C	-1.49%
CSCO	B	-1.47%
APH	A	-1.44%
WM	A	-1.44%
NOC	D	-1.43%
VZ	C	-1.35%
SO	D	-1.35%
MCK	B	-1.35%
ORCL	B	-1.31%
ACN	C	-1.29%
AJG	B	-1.27%
MCD	D	-1.25%
JNJ	D	-1.18%
TRV	B	-1.15%
ED	D	-1.13%
ABBV	D	-1.04%
MRK	F	-1.01%
PEP	F	-1.01%
GDDY	A	-1.0%
AZO	C	-0.98%
GILD	C	-0.94%
EA	A	-0.89%
FCNCA	A	-0.88%
CBOE	B	-0.85%
LMT	D	-0.82%
K	A	-0.8%
WEC	A	-0.78%
CTSH	B	-0.76%
T	A	-0.74%
TSN	B	-0.71%
VRTX	F	-0.69%
ORLY	B	-0.68%
ACGL	D	-0.68%
COR	B	-0.67%
GIS	D	-0.66%
VRSN	F	-0.64%
KR	B	-0.61%
AMGN	D	-0.59%
FICO	B	-0.59%
REGN	F	-0.59%
KDP	D	-0.59%
TDY	B	-0.57%
BDX	F	-0.56%
KEYS	A	-0.55%
FANG	D	-0.55%
FFIV	B	-0.55%
MPC	D	-0.54%
INCY	C	-0.53%
AON	A	-0.53%
CME	A	-0.53%
PTC	A	-0.52%
YUM	B	-0.5%
BMY	B	-0.49%
XEL	A	-0.46%
NEM	D	-0.46%
UBER	D	-0.45%
JNPR	F	-0.45%
XOM	B	-0.45%
WDAY	B	-0.43%
EG	C	-0.43%
ERIE	D	-0.42%
VRSK	A	-0.42%
CHD	B	-0.4%
BAH	F	-0.39%
CMCSA	B	-0.39%
AEP	D	-0.39%
AKAM	D	-0.39%
KHC	F	-0.38%
WTW	B	-0.38%
CTVA	C	-0.38%
ROL	B	-0.36%
IT	C	-0.35%
AFG	A	-0.35%
GEN	B	-0.35%
CDW	F	-0.35%
CVX	A	-0.34%
MKL	A	-0.34%
GRMN	B	-0.33%
CPB	D	-0.33%
AIZ	A	-0.32%
NBIX	C	-0.32%
WMB	A	-0.31%
WRB	A	-0.31%
GLW	B	-0.31%
FWONK	B	-0.31%
HSY	F	-0.3%
HD	A	-0.3%
ANET	C	-0.29%
ICE	C	-0.28%
L	A	-0.28%
HON	B	-0.25%
AEE	A	-0.24%
HUBS	A	-0.24%
ADI	D	-0.23%
D	C	-0.23%
AZPN	A	-0.23%
ALNY	D	-0.22%
NTAP	C	-0.22%
BMRN	D	-0.22%
HRL	D	-0.21%
CI	F	-0.21%
KMB	D	-0.21%
TW	A	-0.2%
DTE	C	-0.2%
PKG	A	-0.2%
PFE	D	-0.2%
DPZ	C	-0.19%
CMS	C	-0.19%
CDNS	B	-0.18%
MELI	D	-0.18%
MOH	F	-0.18%
EOG	A	-0.17%
HOLX	D	-0.16%
STX	D	-0.16%
UTHR	C	-0.14%
MDT	D	-0.13%
DELL	C	-0.12%
HIG	B	-0.12%
OXY	D	-0.12%
DGX	A	-0.11%
KO	D	-0.1%
LNT	A	-0.1%
RTX	C	-0.09%
ADP	B	-0.09%
ABT	B	-0.09%
OTIS	C	-0.07%
TEL	B	-0.07%
ATO	A	-0.06%
PSX	C	-0.06%
FSLR	F	-0.06%
KNX	B	-0.06%
VLO	C	-0.05%
BR	A	-0.05%
CRM	B	-0.05%
GD	F	-0.05%
ULTA	F	-0.04%
CVS	D	-0.04%