TDVG vs. FDL ETF Comparison

Comparison of T. Rowe Price Dividend Growth ETF (TDVG) to First Trust Morningstar ETF (FDL)

TDVG

T. Rowe Price Dividend Growth ETF

TDVG Description

The investment seeks dividend income and long-term capital growth. The fund normally invests at least 80% of the fund's assets in stocks that have a strong track record of paying dividends or are expected to pay dividends over time (even if not currently paying dividends) (or futures that have similar economic characteristics). It primarily invests in exchange-traded securities that trade synchronously with the fund's shares, cash, and cash equivalents. The fund may also invest inADRs and common stocks listed on a foreign exchange that trade on such exchange synchronously with the fund's shares (i.e., during the U.S. listing exchange's trading hours).

Grade (RS Rating)

Last Trade

$40.73

Average Daily Volume

65,972

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

FDL

First Trust Morningstar ETF

FDL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Morningstar(R) Dividend Leaders Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The objective of the index is to offer investors a benchmark for dividend portfolios as well as a means to invest in a portfolio of stocks that have a consistent record of growing dividends as well as the ability to sustain them. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.90

Average Daily Volume

465,760

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TDVG	FDL
30 Days	1.16%	2.78%
60 Days	3.97%	4.59%
90 Days	4.31%	10.79%
12 Months	22.16%	25.74%

5 Overlapping Holdings

Symbol	Grade	Weight in TDVG	Weight in FDL	Overlap
ABBV	C	0.92%	8.52%	0.92%
AEE	B	0.66%	0.57%	0.57%
PM	C	0.68%	6.53%	0.68%
SWK	B	0.39%	0.37%	0.37%
WEC	B	0.04%	0.84%	0.04%

TDVG Overweight 98 Positions Relative to FDL

Symbol	Grade	Weight
MSFT	C	7.1%
AAPL	D	4.79%
V	B	2.16%
LLY	C	2.12%
JPM	D	2.09%
CB	B	1.93%
GE	B	1.85%
UNH	C	1.76%
MCK	F	1.75%
MMC	C	1.73%
KLAC	D	1.63%
TMO	C	1.52%
ROP	C	1.49%
AMAT	D	1.43%
ACN	C	1.41%
APH	D	1.36%
XOM	D	1.33%
HLT	B	1.32%
HON	D	1.29%
ROST	C	1.29%
LIN	B	1.29%
BAC	D	1.25%
WMT	B	1.24%
AZN	D	1.23%
HD	B	1.21%
KO	B	1.19%
SCHW	D	1.18%
WCN	D	1.13%
CL	C	1.12%
AXP	B	1.11%
BR	D	1.1%
HWM	B	1.09%
DHR	B	1.05%
SYK	C	1.04%
BDX	F	1.04%
EQR	B	1.01%
ELV	C	0.97%
MS	D	0.95%
SLB	F	0.93%
PGR	A	0.93%
UNP	B	0.93%
ADI	D	0.92%
TMUS	C	0.88%
NOC	B	0.86%
TEL	D	0.85%
MCD	C	0.85%
AVY	D	0.82%
MDLZ	B	0.81%
COP	D	0.79%
AMT	C	0.75%
PEP	C	0.73%
TT	B	0.72%
MCHP	D	0.72%
EOG	D	0.7%
HIG	A	0.7%
KVUE	B	0.68%
SHW	B	0.68%
WFC	D	0.67%
ZTS	B	0.66%
COST	C	0.66%
A	C	0.63%
ODFL	C	0.62%
EQT	D	0.6%
GS	D	0.57%
CSX	D	0.57%
CMS	A	0.56%
QCOM	D	0.55%
SPGI	B	0.54%
YUM	D	0.54%
CI	C	0.53%
TGT	C	0.52%
GEHC	C	0.52%
TXN	C	0.52%
DG	F	0.52%
GEV	B	0.52%
ADP	B	0.51%
NEE	B	0.5%
ROK	D	0.5%
OTIS	D	0.47%
ATO	B	0.47%
JNJ	B	0.46%
TSCO	C	0.44%
WMB	B	0.41%
STZ	C	0.37%
EFX	C	0.37%
ITW	B	0.37%
TTC	D	0.35%
CMI	C	0.35%
AON	B	0.32%
REXR	C	0.32%
MAR	C	0.31%
LVS	D	0.28%
RPM	B	0.27%
NKE	D	0.27%
BALL	C	0.26%
JBHT	D	0.22%
DE	B	0.21%
MDT	C	0.02%

TDVG Underweight 94 Positions Relative to FDL

Symbol	Grade	Weight
VZ	B	-8.22%
CVX	D	-7.23%
PFE	C	-6.69%
MO	C	-5.15%
IBM	B	-5.12%
GILD	B	-3.31%
UPS	D	-2.98%
DUK	C	-2.41%
USB	B	-2.27%
CVS	D	-2.13%
TFC	D	-2.09%
PNC	B	-1.91%
OKE	B	-1.73%
KMI	A	-1.59%
AEP	B	-1.44%
F	D	-1.38%
PRU	C	-1.26%
DOW	D	-1.17%
KMB	D	-1.16%
EXC	B	-1.16%
KHC	C	-1.02%
XEL	A	-0.94%
EIX	C	-0.92%
LYB	F	-0.84%
FANG	D	-0.79%
ES	C	-0.76%
ETR	A	-0.73%
FITB	B	-0.72%
RF	B	-0.69%
HBAN	B	-0.68%
FE	C	-0.66%
TROW	D	-0.65%
STT	A	-0.63%
KEY	B	-0.6%
CFG	D	-0.57%
BBY	B	-0.56%
K	A	-0.54%
CLX	C	-0.5%
CAG	B	-0.49%
EVRG	A	-0.45%
FNF	A	-0.4%
LNT	A	-0.39%
IPG	C	-0.34%
SJM	C	-0.32%
PNW	B	-0.31%
OMF	C	-0.29%
CMA	B	-0.29%
CNH	C	-0.28%
HAS	B	-0.28%
OGE	B	-0.25%
WHR	D	-0.25%
COLB	B	-0.24%
UGI	C	-0.22%
MTN	D	-0.22%
FHN	D	-0.22%
BEN	F	-0.21%
FMC	C	-0.21%
WU	D	-0.2%
LNC	D	-0.19%
FAF	B	-0.18%
ZION	D	-0.17%
SNV	C	-0.17%
JHG	B	-0.15%
NXST	D	-0.15%
UBSI	B	-0.15%
VLY	C	-0.15%
POR	B	-0.14%
SR	B	-0.13%
FIBK	B	-0.13%
BKH	B	-0.13%
OZK	D	-0.12%
NJR	B	-0.12%
FLO	C	-0.12%
OGS	B	-0.11%
AVA	B	-0.11%
ALE	A	-0.11%
NWE	A	-0.11%
WEN	C	-0.11%
APAM	C	-0.11%
PRGO	D	-0.1%
FHB	C	-0.1%
PNM	B	-0.1%
TNL	D	-0.09%
ASB	D	-0.09%
MAN	C	-0.09%
MSM	D	-0.09%
LCII	C	-0.08%
CRI	C	-0.08%
AGR	B	-0.08%
CC	F	-0.07%
CATY	B	-0.07%
FHI	A	-0.07%
SMG	C	-0.07%
GEF	D	-0.01%