TEQI vs. ADME ETF Comparison

Comparison of T. Rowe Price Equity Income ETF (TEQI) to Aptus Drawdown Managed Equity ETF (ADME)

TEQI

T. Rowe Price Equity Income ETF

TEQI Description

The investment seeks a high level of dividend income and long-term capital growth. The fund will normally invest at least 80% of its assets in common stocks listed in the United States, with an emphasis on large-capitalization stocks that have a strong track record of paying dividends or that are believed to be undervalued (or futures that have similar economic characteristics). It typically employs a value approach in selecting investments. The fund's in-house research team seeks companies that appear to be undervalued by various measures and may be temporarily out of favor but have good prospects for capital appreciation and dividend growth.

Grade (RS Rating)

Last Trade

$41.83

Average Daily Volume

18,921

Number of Holdings ^*

113

* may have additional holdings in another (foreign) market

ADME

Aptus Drawdown Managed Equity ETF

ADME Description

The investment seeks capital appreciation with downside protection. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its objective principally by investing in a portfolio of typically 40 to 50 U.S.-listed equity securities, while limiting downside risk by purchasing exchange-listed put options on one or more broad-based indexes or ETFs that track the performance of the U.S. equity market. Under normal circumstances, at least 80% of the fund's net assets (plus borrowings for investment purposes) will be invested in equity securities.

Grade (RS Rating)

Last Trade

$46.21

Average Daily Volume

20,631

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TEQI	ADME
30 Days	1.75%	3.19%
60 Days	8.57%	8.17%
90 Days	7.42%	3.51%
12 Months	29.99%	33.06%

23 Overlapping Holdings

Symbol	Grade	Weight in TEQI	Weight in ADME	Overlap
ABBV	C	0.5%	0.78%	0.5%
ACN	B	0.72%	1.14%	0.72%
AMAT	C	1.52%	1.55%	1.52%
BAC	B	0.48%	0.89%	0.48%
C	B	1.24%	0.57%	0.57%
CMCSA	B	0.6%	0.38%	0.38%
CSX	D	0.16%	1.03%	0.16%
ELV	F	2.7%	0.93%	0.93%
EOG	B	0.63%	0.47%	0.47%
FI	A	1.06%	0.94%	0.94%
HON	C	0.49%	0.86%	0.49%
JNJ	D	1.13%	1.1%	1.1%
JPM	C	1.44%	1.75%	1.44%
MDLZ	D	0.1%	0.76%	0.1%
MRK	F	0.25%	0.78%	0.25%
MS	A	0.35%	0.92%	0.35%
MSFT	D	1.71%	6.45%	1.71%
NEE	C	0.93%	0.79%	0.79%
SO	A	2.24%	1.07%	1.07%
TJX	D	0.34%	0.88%	0.34%
UNH	B	1.55%	1.26%	1.26%
WMT	A	1.19%	1.15%	1.15%
XOM	A	1.69%	1.87%	1.69%

TEQI Overweight 90 Positions Relative to ADME

Symbol	Grade	Weight
QCOM	D	2.45%
WFC	B	2.41%
TTE	B	2.33%
NWSA	D	2.21%
AIG	C	2.0%
CB	A	2.0%
GE	B	1.9%
MET	A	1.88%
LHX	A	1.82%
BDX	C	1.74%
SCHW	D	1.7%
KMB	D	1.69%
PM	D	1.64%
CF	A	1.59%
ZBH	F	1.55%
EQR	C	1.5%
EQH	B	1.47%
IP	C	1.38%
WY	C	1.36%
HIG	A	1.3%
SWK	C	1.26%
KVUE	C	1.21%
BA	F	1.19%
DIS	D	1.14%
CI	D	1.13%
HBAN	B	1.11%
D	A	1.09%
UPS	D	1.05%
NXPI	F	1.04%
L	C	1.02%
LVS	B	0.98%
TXN	C	0.97%
TEL	D	0.96%
CAG	D	0.95%
CVS	D	0.93%
FITB	C	0.93%
USB	C	0.92%
MDT	C	0.91%
AZN	D	0.9%
LUV	B	0.87%
AEE	A	0.86%
TSN	D	0.84%
CL	D	0.79%
SRE	C	0.75%
EQT	C	0.71%
RYN	C	0.71%
SNY	C	0.69%
VTRS	D	0.69%
GEV	A	0.64%
CMI	A	0.57%
NSC	C	0.56%
PFE	D	0.54%
WMB	A	0.53%
GM	D	0.52%
REXR	D	0.51%
BKR	B	0.49%
BMY	A	0.47%
MAT	B	0.44%
INTC	D	0.44%
UNP	F	0.43%
KSS	D	0.39%
DG	F	0.38%
VZ	C	0.37%
COP	D	0.37%
BIIB	F	0.34%
GS	B	0.33%
SRCL	B	0.33%
GEHC	C	0.3%
HES	D	0.3%
APO	A	0.28%
CSCO	A	0.27%
MMM	C	0.27%
MRO	B	0.26%
HUM	F	0.21%
NWS	D	0.2%
CVX	B	0.19%
CNC	F	0.19%
NI	A	0.18%
BK	A	0.18%
CAH	B	0.15%
PCG	C	0.15%
CRM	B	0.14%
T	B	0.13%
AMD	C	0.08%
VNO	B	0.06%
STZ	D	0.04%
BBY	C	0.04%
IFF	D	0.04%
FLS	A	0.02%
SOLV	C	0.02%

TEQI Underweight 52 Positions Relative to ADME

Symbol	Grade	Weight
AAPL	C	-7.1%
NVDA	B	-6.28%
GOOG	B	-3.69%
AMZN	C	-3.55%
META	A	-2.63%
AVGO	B	-2.26%
LMT	A	-1.86%
CAT	A	-1.82%
NOW	B	-1.8%
BRK.A	B	-1.73%
SYK	C	-1.72%
PGR	B	-1.68%
V	B	-1.66%
TSLA	C	-1.49%
LLY	D	-1.44%
LIN	C	-1.42%
LOW	C	-1.28%
PG	D	-1.28%
TMO	D	-1.27%
PEP	F	-1.22%
BLK	A	-1.16%
TMUS	A	-1.1%
NFLX	A	-1.08%
MCD	A	-1.05%
COST	C	-1.0%
MAR	A	-1.0%
INTU	F	-0.97%
PLD	D	-0.95%
CTAS	C	-0.93%
ADI	B	-0.93%
PHM	C	-0.93%
MMC	D	-0.91%
MSI	A	-0.84%
ABT	C	-0.8%
FANG	D	-0.75%
ICE	A	-0.74%
ISRG	C	-0.72%
DUK	C	-0.67%
DE	C	-0.63%
DLR	C	-0.63%
ETN	B	-0.58%
TYL	D	-0.58%
MO	D	-0.57%
PSA	C	-0.54%
VRTX	D	-0.48%
ADBE	F	-0.48%
SHW	C	-0.45%
FCX	B	-0.42%
BR	B	-0.41%
AMGN	D	-0.41%
ADP	A	-0.31%
SLB	D	-0.26%