TEQI vs. UDIV ETF Comparison

Comparison of T. Rowe Price Equity Income ETF (TEQI) to Franklin U.S. Core Dividend Tilt Index ETF (UDIV)

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

$43.35

Average Daily Volume

26,680

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

UDIV

Franklin U.S. Core Dividend Tilt Index ETF

UDIV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ Global Dividend Index. The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index includes stocks from developed and emerging market countries with high and persistent dividend income that have favorable exposure to a quality investment style factor.

Grade (RS Rating)

Last Trade

$46.64

Average Daily Volume

4,741

Number of Holdings ^*

277

* may have additional holdings in another (foreign) market

Performance

Period	TEQI	UDIV
30 Days	3.09%	2.89%
60 Days	4.07%	4.78%
90 Days	5.51%	6.71%
12 Months	27.01%	35.02%

68 Overlapping Holdings

Symbol	Grade	Weight in TEQI	Weight in UDIV	Overlap
ABBV	D	0.27%	0.97%	0.27%
ACN	C	0.8%	0.45%	0.45%
AEE	A	1.04%	0.03%	0.03%
AMAT	F	1.13%	0.38%	0.38%
AMD	F	0.15%	0.43%	0.15%
APO	B	0.28%	0.4%	0.28%
BAC	A	0.58%	0.65%	0.58%
BK	A	0.15%	0.33%	0.15%
BKR	B	0.31%	0.18%	0.18%
BMY	B	0.59%	0.69%	0.59%
C	A	1.34%	0.82%	0.82%
CAG	D	0.87%	0.07%	0.07%
CAH	B	0.15%	0.02%	0.02%
CMCSA	B	0.62%	0.36%	0.36%
CMI	A	0.63%	0.3%	0.3%
COP	C	0.35%	0.25%	0.25%
CRM	B	0.22%	0.51%	0.22%
CSCO	B	0.28%	0.86%	0.28%
CVS	D	1.09%	0.39%	0.39%
CVX	A	0.18%	1.12%	0.18%
D	C	1.17%	0.27%	0.27%
DG	F	0.3%	0.03%	0.03%
DIS	B	1.03%	0.13%	0.13%
EOG	A	0.58%	0.07%	0.07%
EQR	B	1.49%	0.14%	0.14%
FITB	A	0.92%	0.19%	0.19%
GS	A	0.04%	0.44%	0.04%
HBAN	A	1.22%	0.16%	0.16%
HD	A	0.12%	1.06%	0.12%
HON	B	0.33%	0.18%	0.18%
INTC	D	0.34%	0.41%	0.34%
IP	B	1.47%	0.12%	0.12%
JNJ	D	1.17%	1.16%	1.16%
JPM	A	1.41%	1.35%	1.35%
KMB	D	1.63%	0.26%	0.26%
KVUE	A	1.68%	0.23%	0.23%
LUV	C	0.84%	0.11%	0.11%
LVS	C	1.12%	0.08%	0.08%
MDT	D	0.98%	0.56%	0.56%
MET	A	2.06%	0.11%	0.11%
MMM	D	0.34%	0.36%	0.34%
MRK	F	0.34%	0.71%	0.34%
MS	A	0.33%	0.94%	0.33%
MSFT	F	1.48%	6.07%	1.48%
NEE	D	0.9%	0.11%	0.11%
NI	A	0.25%	0.09%	0.09%
NSC	B	0.57%	0.07%	0.07%
NXPI	D	0.87%	0.35%	0.35%
PFE	D	0.48%	0.66%	0.48%
PM	B	1.75%	0.86%	0.86%
QCOM	F	1.96%	0.74%	0.74%
ROK	B	0.15%	0.2%	0.15%
SLB	C	0.18%	0.06%	0.06%
SO	D	2.29%	0.53%	0.53%
SWK	D	1.62%	0.08%	0.08%
T	A	0.14%	0.79%	0.14%
TSN	B	0.83%	0.11%	0.11%
TXN	C	0.97%	0.85%	0.85%
UNH	C	1.57%	0.87%	0.87%
UNP	C	0.19%	0.3%	0.19%
UPS	C	1.03%	0.57%	0.57%
USB	A	0.99%	0.47%	0.47%
VTRS	A	0.7%	0.1%	0.1%
VZ	C	0.35%	0.77%	0.35%
WFC	A	2.02%	0.42%	0.42%
WMB	A	0.56%	0.41%	0.41%
WMT	A	1.23%	0.03%	0.03%
XOM	B	1.61%	1.35%	1.35%

TEQI Overweight 44 Positions Relative to UDIV

Symbol	Grade	Weight
ELV	F	2.3%
CB	C	2.08%
GE	D	2.05%
TTE	F	1.99%
AIG	B	1.85%
LHX	C	1.81%
CF	B	1.72%
BDX	F	1.72%
NWSA	B	1.57%
WY	D	1.54%
SCHW	B	1.49%
ZBH	C	1.47%
HIG	B	1.43%
EQH	B	1.39%
CI	F	1.13%
FI	A	1.13%
L	A	1.01%
BA	F	0.92%
AZN	D	0.88%
SNY	F	0.83%
SRE	A	0.77%
RYN	D	0.76%
CL	D	0.75%
EQT	B	0.61%
GEV	B	0.59%
REXR	F	0.54%
MAT	D	0.48%
CSX	B	0.46%
GM	B	0.41%
MRO	B	0.4%
TMO	F	0.37%
TJX	A	0.34%
KSS	F	0.33%
SRCL	C	0.32%
GEHC	F	0.29%
BIIB	F	0.27%
HES	B	0.23%
CNC	D	0.17%
PCG	A	0.16%
HUM	C	0.16%
ATO	A	0.1%
MDLZ	F	0.1%
NWS	B	0.08%
VNO	B	0.07%

TEQI Underweight 209 Positions Relative to UDIV

Symbol	Grade	Weight
NVDA	C	-6.83%
AAPL	C	-6.17%
AMZN	C	-3.48%
META	D	-2.13%
GOOGL	C	-1.92%
GOOG	C	-1.73%
AVGO	D	-1.72%
TSLA	B	-1.48%
LLY	F	-1.21%
BLK	C	-0.87%
IBM	C	-0.81%
PG	A	-0.78%
BX	A	-0.76%
KO	D	-0.74%
NFLX	A	-0.64%
GILD	C	-0.63%
AMGN	D	-0.62%
PEP	F	-0.57%
MO	A	-0.56%
ADI	D	-0.52%
ORCL	B	-0.5%
PNC	B	-0.5%
DUK	C	-0.49%
ABT	B	-0.48%
NOW	A	-0.47%
INTU	C	-0.47%
CME	A	-0.46%
ITW	B	-0.43%
PLD	D	-0.43%
ETN	A	-0.41%
OKE	A	-0.38%
TFC	A	-0.38%
AMT	D	-0.35%
ADBE	C	-0.35%
LRCX	F	-0.34%
V	A	-0.34%
SPG	B	-0.33%
KMI	A	-0.32%
DLR	B	-0.32%
PLTR	B	-0.31%
CRWD	B	-0.3%
KLAC	D	-0.3%
SBUX	A	-0.3%
AEP	D	-0.29%
PSA	D	-0.29%
ANET	C	-0.28%
PRU	A	-0.28%
UBER	D	-0.28%
TGT	F	-0.28%
MELI	D	-0.28%
O	D	-0.28%
FAST	B	-0.27%
F	C	-0.27%
PANW	C	-0.27%
LOW	D	-0.27%
COST	B	-0.26%
PAYX	C	-0.26%
CCI	D	-0.24%
MA	C	-0.23%
HPQ	B	-0.23%
MCD	D	-0.23%
JCI	C	-0.23%
MSCI	C	-0.23%
MTB	A	-0.22%
EMR	A	-0.22%
EXC	C	-0.22%
PSX	C	-0.22%
EQIX	A	-0.21%
FANG	D	-0.21%
GLW	B	-0.21%
XEL	A	-0.21%
EXR	D	-0.2%
MU	D	-0.2%
GIS	D	-0.2%
MCHP	D	-0.2%
VICI	C	-0.19%
DOW	F	-0.19%
ED	D	-0.19%
EIX	B	-0.19%
VRT	B	-0.18%
STT	A	-0.18%
WEC	A	-0.18%
APD	A	-0.18%
AVB	B	-0.18%
RTX	C	-0.18%
GRMN	B	-0.18%
ETR	B	-0.18%
ARES	A	-0.18%
IRM	D	-0.17%
SYY	B	-0.17%
PEG	A	-0.16%
TROW	B	-0.16%
DVN	F	-0.16%
KKR	A	-0.16%
KHC	F	-0.16%
SW	A	-0.16%
RF	A	-0.15%
LIN	D	-0.14%
ISRG	A	-0.14%
DFS	B	-0.14%
VTR	C	-0.14%
CDNS	B	-0.14%
CINF	A	-0.14%
DTE	C	-0.14%
PPL	B	-0.14%
NTAP	C	-0.14%
EBAY	D	-0.13%
IFF	D	-0.13%
LYB	F	-0.13%
ADP	B	-0.13%
NTRS	A	-0.13%
CFG	B	-0.13%
COIN	C	-0.13%
NKE	D	-0.13%
MPWR	F	-0.12%
INVH	D	-0.12%
DRI	B	-0.12%
CLX	B	-0.12%
CTRA	B	-0.12%
CMG	B	-0.12%
WELL	A	-0.12%
PFG	D	-0.12%
FE	C	-0.12%
MRVL	B	-0.12%
K	A	-0.12%
PKG	A	-0.12%
ES	D	-0.12%
ESS	B	-0.11%
ZS	C	-0.11%
GPC	D	-0.11%
CMS	C	-0.11%
SNA	A	-0.11%
BBY	D	-0.11%
BR	A	-0.11%
STX	D	-0.11%
OMC	C	-0.11%
DASH	A	-0.11%
KEY	B	-0.11%
WSO	A	-0.11%
SNPS	B	-0.11%
ALL	A	-0.1%
ARE	D	-0.1%
KIM	A	-0.1%
CAT	B	-0.1%
HPE	B	-0.1%
DELL	C	-0.1%
MAA	B	-0.1%
SUI	D	-0.09%
DOC	D	-0.09%
AMCR	D	-0.09%
LNT	A	-0.09%
DDOG	A	-0.09%
FNF	B	-0.09%
EWBC	A	-0.09%
BAX	D	-0.09%
EL	F	-0.09%
UDR	B	-0.08%
FDX	B	-0.08%
AXON	A	-0.08%
VLO	C	-0.08%
EVRG	A	-0.08%
SWKS	F	-0.08%
SJM	D	-0.07%
WPC	D	-0.07%
CG	A	-0.07%
JNPR	F	-0.07%
REG	B	-0.07%
EMN	D	-0.07%
BXP	D	-0.07%
HST	C	-0.07%
CPT	B	-0.07%
GEN	B	-0.07%
ELS	C	-0.07%
AES	F	-0.06%
WDAY	B	-0.06%
SCCO	F	-0.06%
APA	D	-0.06%
HUBS	A	-0.06%
IPG	D	-0.06%
SNOW	C	-0.06%
CNH	C	-0.06%
TTD	B	-0.06%
NET	B	-0.06%
GD	F	-0.06%
LKQ	D	-0.06%
HUBB	B	-0.06%
MDB	C	-0.05%
CPB	D	-0.05%
HRL	D	-0.05%
APH	A	-0.05%
TAP	C	-0.05%
BEN	C	-0.04%
TSCO	D	-0.04%
SQ	B	-0.04%
WBA	F	-0.04%
RPRX	D	-0.04%
ENTG	D	-0.04%
CRBG	B	-0.04%
SMCI	F	-0.03%
AGR	B	-0.02%
SYK	C	-0.02%
OKTA	C	-0.02%
DT	C	-0.02%
TT	A	-0.02%
FIS	C	-0.02%
TER	D	-0.02%
SIRI	C	-0.01%
BSY	D	-0.01%
NEM	D	-0.01%