TEQI vs. NBCR ETF Comparison

Comparison of T. Rowe Price Equity Income ETF (TEQI) to Neuberger Berman Core Equity ETF (NBCR)

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

$43.23

Average Daily Volume

26,680

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

NBCR

Neuberger Berman Core Equity ETF

NBCR Description

To pursue its goal, the fund invests mainly in equity securities of large-capitalization companies, which it defines as companies that have a market capitalization within the market capitalization range of companies in the Russell 1000® Index at the time of initial purchase. The portfolio managers seek to invest in a broadly diversified group of securities that have the potential to outperform the Russell 1000 Index with a lower level of risk through security selection.

Grade (RS Rating)

Last Trade

$27.43

Average Daily Volume

16,373

Number of Holdings ^*

192

* may have additional holdings in another (foreign) market

Performance

Period	TEQI	NBCR
30 Days	3.09%	2.81%
60 Days	4.07%	4.11%
90 Days	5.51%	5.52%
12 Months	27.01%

53 Overlapping Holdings

Symbol	Grade	Weight in TEQI	Weight in NBCR	Overlap
ABBV	D	0.27%	0.86%	0.27%
ACN	C	0.8%	0.47%	0.47%
AIG	B	1.85%	0.76%	0.76%
AMAT	F	1.13%	0.52%	0.52%
AMD	F	0.15%	0.57%	0.15%
APO	B	0.28%	0.32%	0.28%
BA	F	0.92%	0.19%	0.19%
BAC	A	0.58%	0.76%	0.58%
BK	A	0.15%	0.12%	0.12%
BMY	B	0.59%	0.28%	0.28%
C	A	1.34%	0.39%	0.39%
CL	D	0.75%	0.36%	0.36%
CNC	D	0.17%	0.18%	0.17%
COP	C	0.35%	0.4%	0.35%
CRM	B	0.22%	0.87%	0.22%
CSCO	B	0.28%	0.46%	0.28%
CSX	B	0.46%	0.27%	0.27%
CVS	D	1.09%	0.33%	0.33%
D	C	1.17%	0.17%	0.17%
ELV	F	2.3%	0.26%	0.26%
EOG	A	0.58%	0.31%	0.31%
EQR	B	1.49%	0.09%	0.09%
EQT	B	0.61%	0.13%	0.13%
FI	A	1.13%	0.66%	0.66%
FITB	A	0.92%	0.24%	0.24%
GE	D	2.05%	0.94%	0.94%
GM	B	0.41%	0.59%	0.41%
GS	A	0.04%	0.42%	0.04%
HD	A	0.12%	1.22%	0.12%
HUM	C	0.16%	0.2%	0.16%
JNJ	D	1.17%	0.98%	0.98%
JPM	A	1.41%	1.4%	1.4%
LVS	C	1.12%	0.35%	0.35%
MDLZ	F	0.1%	0.36%	0.1%
MDT	D	0.98%	0.72%	0.72%
MET	A	2.06%	0.22%	0.22%
MMM	D	0.34%	0.44%	0.34%
MSFT	F	1.48%	6.01%	1.48%
NEE	D	0.9%	0.33%	0.33%
NSC	B	0.57%	0.29%	0.29%
PCG	A	0.16%	0.14%	0.14%
QCOM	F	1.96%	0.91%	0.91%
SLB	C	0.18%	0.26%	0.18%
SRE	A	0.77%	0.2%	0.2%
T	A	0.14%	0.75%	0.14%
TJX	A	0.34%	0.71%	0.34%
TMO	F	0.37%	0.53%	0.37%
TXN	C	0.97%	0.63%	0.63%
WFC	A	2.02%	0.99%	0.99%
WMB	A	0.56%	0.16%	0.16%
WY	D	1.54%	0.06%	0.06%
XOM	B	1.61%	1.15%	1.15%
ZBH	C	1.47%	0.5%	0.5%

TEQI Overweight 59 Positions Relative to NBCR

Symbol	Grade	Weight
SO	D	2.29%
CB	C	2.08%
TTE	F	1.99%
LHX	C	1.81%
PM	B	1.75%
CF	B	1.72%
BDX	F	1.72%
KVUE	A	1.68%
KMB	D	1.63%
SWK	D	1.62%
NWSA	B	1.57%
UNH	C	1.57%
SCHW	B	1.49%
IP	B	1.47%
HIG	B	1.43%
EQH	B	1.39%
WMT	A	1.23%
HBAN	A	1.22%
CI	F	1.13%
AEE	A	1.04%
DIS	B	1.03%
UPS	C	1.03%
L	A	1.01%
USB	A	0.99%
AZN	D	0.88%
NXPI	D	0.87%
CAG	D	0.87%
LUV	C	0.84%
TSN	B	0.83%
SNY	F	0.83%
RYN	D	0.76%
VTRS	A	0.7%
CMI	A	0.63%
CMCSA	B	0.62%
GEV	B	0.59%
REXR	F	0.54%
PFE	D	0.48%
MAT	D	0.48%
MRO	B	0.4%
VZ	C	0.35%
MRK	F	0.34%
INTC	D	0.34%
KSS	F	0.33%
HON	B	0.33%
MS	A	0.33%
SRCL	C	0.32%
BKR	B	0.31%
DG	F	0.3%
GEHC	F	0.29%
BIIB	F	0.27%
NI	A	0.25%
HES	B	0.23%
UNP	C	0.19%
CVX	A	0.18%
ROK	B	0.15%
CAH	B	0.15%
ATO	A	0.1%
NWS	B	0.08%
VNO	B	0.07%

TEQI Underweight 139 Positions Relative to NBCR

Symbol	Grade	Weight
NVDA	C	-6.7%
AAPL	C	-6.48%
AMZN	C	-3.83%
GOOGL	C	-3.37%
GOOG	C	-1.94%
AON	A	-1.41%
V	A	-1.23%
LLY	F	-1.19%
MA	C	-1.1%
COST	B	-1.06%
ORCL	B	-0.99%
UNM	A	-0.97%
TMUS	B	-0.88%
BSX	B	-0.87%
PG	A	-0.87%
NFLX	A	-0.81%
TDG	D	-0.77%
NOW	A	-0.77%
SPGI	C	-0.74%
UBER	D	-0.74%
ETN	A	-0.63%
CCL	B	-0.62%
INTU	C	-0.62%
KKR	A	-0.61%
FYBR	D	-0.6%
LIN	D	-0.59%
MCD	D	-0.58%
SNPS	B	-0.58%
IWB	A	-0.56%
ICE	C	-0.56%
DKNG	B	-0.52%
VRTX	F	-0.51%
CAT	B	-0.51%
CRWD	B	-0.51%
UL	D	-0.51%
ADI	D	-0.5%
BKNG	A	-0.49%
PH	A	-0.48%
TT	A	-0.48%
ALL	A	-0.45%
APH	A	-0.45%
KDP	D	-0.42%
ULTA	F	-0.4%
NVT	B	-0.39%
PLD	D	-0.38%
CARR	D	-0.36%
IR	B	-0.36%
BLK	C	-0.35%
MSI	B	-0.35%
DE	A	-0.33%
URI	B	-0.32%
AMGN	D	-0.31%
GIS	D	-0.31%
PNC	B	-0.31%
REGN	F	-0.3%
TRU	D	-0.3%
NDAQ	A	-0.3%
AVY	D	-0.29%
MCO	B	-0.28%
FCX	D	-0.26%
LMT	D	-0.26%
GL	B	-0.26%
ORLY	B	-0.26%
HCA	F	-0.26%
MCK	B	-0.25%
DAL	C	-0.25%
DLTR	F	-0.25%
AIZ	A	-0.25%
NKE	D	-0.25%
MLM	B	-0.25%
SHW	A	-0.24%
PSX	C	-0.24%
FANG	D	-0.24%
ASML	F	-0.23%
DUK	C	-0.23%
K	A	-0.22%
LEN	D	-0.22%
EHC	B	-0.22%
FDX	B	-0.22%
SAIA	B	-0.21%
WCN	A	-0.21%
LRCX	F	-0.2%
VTR	C	-0.2%
CHKP	D	-0.2%
J	F	-0.19%
AEP	D	-0.19%
DGX	A	-0.19%
EFX	F	-0.18%
DXCM	D	-0.18%
STZ	D	-0.17%
EA	A	-0.17%
MOH	F	-0.17%
ADSK	A	-0.17%
VRSK	A	-0.17%
CEG	D	-0.17%
PEG	A	-0.16%
RSG	A	-0.16%
ELS	C	-0.16%
ECL	D	-0.16%
OKE	A	-0.16%
ETR	B	-0.16%
TKO	B	-0.15%
VST	B	-0.15%
FCPT	C	-0.14%
CFG	B	-0.14%
ESI	A	-0.14%
APTV	D	-0.14%
WRBY	B	-0.14%
APD	A	-0.14%
LNT	A	-0.13%
LNG	B	-0.13%
AVTR	F	-0.13%
CDW	F	-0.13%
ENTG	D	-0.13%
IQV	D	-0.13%
IT	C	-0.13%
BLDR	D	-0.12%
MTCH	D	-0.12%
TW	A	-0.12%
NUE	C	-0.11%
FE	C	-0.11%
STWD	C	-0.11%
ON	D	-0.1%
INVH	D	-0.1%
STLD	B	-0.1%
CNP	B	-0.09%
TRGP	B	-0.09%
BMRN	D	-0.09%
UTZ	D	-0.08%
DTM	B	-0.08%
CCK	C	-0.08%
WIX	B	-0.08%
TOL	B	-0.07%
DTE	C	-0.07%
SMAR	A	-0.07%
GXO	B	-0.06%
IONS	F	-0.05%
FBIN	D	-0.05%
BHP	F	-0.03%