TDVG vs. TVAL ETF Comparison

Comparison of T. Rowe Price Dividend Growth ETF (TDVG) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL)

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

$40.77

Average Daily Volume

66,056

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

TVAL

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF

TVAL Description

The fund will invest primarily in U.S. equity securities. In taking a value approach to investment selection, the adviser seeks to identify companies that appear to be undervalued by various measures, and may be temporarily out of favor, but have good prospects for capital appreciation. Some of the principal measures used to identify such stocks are: price/earnings ratio, price/book value ratio, price/sales ratio, dividend yield, price/cash flow, undervalued assets, and restructuring opportunities. The fund may purchase the stocks of companies of any size, but typically focuses on larger companies.

Grade (RS Rating)

Last Trade

$31.65

Average Daily Volume

9,764

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TDVG	TVAL
30 Days	1.56%	2.13%
60 Days	3.95%	3.36%
90 Days	5.15%	5.18%
12 Months	25.53%	26.46%

9 Overlapping Holdings

Symbol	Grade	Weight in TDVG	Weight in TVAL	Overlap
BAC	D	1.25%	1.72%	1.25%
CB	B	1.93%	1.96%	1.93%
ELV	C	0.97%	2.17%	0.97%
HIG	B	0.7%	1.87%	0.7%
LLY	C	2.12%	1.63%	1.63%
QCOM	F	0.55%	2.07%	0.55%
WFC	D	0.67%	2.55%	0.67%
WMT	B	1.24%	2.02%	1.24%
XOM	D	1.33%	2.61%	1.33%

TDVG Overweight 94 Positions Relative to TVAL

Symbol	Grade	Weight
MSFT	C	7.1%
AAPL	C	4.79%
V	C	2.16%
JPM	D	2.09%
GE	A	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	C	1.36%
HLT	B	1.32%
HON	D	1.29%
ROST	C	1.29%
LIN	B	1.29%
AZN	D	1.23%
HD	A	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	C	1.05%
SYK	C	1.04%
BDX	F	1.04%
EQR	C	1.01%
MS	C	0.95%
SLB	F	0.93%
PGR	A	0.93%
UNP	C	0.93%
ABBV	C	0.92%
ADI	C	0.92%
TMUS	C	0.88%
NOC	A	0.86%
TEL	D	0.85%
MCD	B	0.85%
AVY	D	0.82%
MDLZ	C	0.81%
COP	D	0.79%
AMT	C	0.75%
PEP	D	0.73%
TT	A	0.72%
MCHP	D	0.72%
EOG	D	0.7%
PM	C	0.68%
KVUE	C	0.68%
SHW	B	0.68%
ZTS	C	0.66%
COST	B	0.66%
AEE	A	0.66%
A	C	0.63%
ODFL	D	0.62%
EQT	D	0.6%
GS	C	0.57%
CSX	D	0.57%
CMS	B	0.56%
SPGI	A	0.54%
YUM	F	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	C	0.5%
ROK	F	0.5%
OTIS	C	0.47%
ATO	B	0.47%
JNJ	C	0.46%
TSCO	C	0.44%
WMB	B	0.41%
SWK	B	0.39%
STZ	D	0.37%
EFX	C	0.37%
ITW	C	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%
WEC	B	0.04%
MDT	C	0.02%

TDVG Underweight 1 Positions Relative to TVAL

	Symbol	Grade	Weight
	SO	A	-1.68%