TGRT vs. FFLC ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Growth ETF (TGRT) to Fidelity Fundamental Large Cap Core ETF (FFLC)

TGRT

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

TGRT Description

The fund will invest primarily in U.S. equity securities. The adviser uses a growth style of investing. Accordingly, the adviser looks for companies with an above-average rate of earnings, cash flow growth, and a lucrative niche in the economy that gives them the ability to sustain earnings momentum even during times of slow economic growth. The fund may purchase the stocks of companies of any size, but typically focuses on large-cap companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.63

Average Daily Volume

32,448

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FFLC

Fidelity Fundamental Large Cap Core ETF

FFLC Description

FFLC seeks to achieve long-term capital growth by investing in a global core equity portfolio of large-cap stocks. The adviser generally defines large caps as companies with similar market capitalizations to Russell 1000 or S&P 500 companies. Stocks are selected using fundamental analysis of factors such as financial condition and industry position of each issuer, as well as market and economic conditions. The adviser then incorporates a quantitative portfolio construction process to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The portfolio includes stocks with growth and/or value characteristics. Despite its large-cap focus, the fund's strategy can lead to investments in small- and mid-cap companies. Before February 26, 2024, the fund traded as Fidelity New Millennium ETF under the ticker FMIL. The fund previously used a semitransparent ETF structure.

Grade (RS Rating)

Last Trade

$47.24

Average Daily Volume

103,927

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TGRT	FFLC
30 Days	3.41%	2.14%
60 Days	5.24%	3.92%
90 Days	6.43%	6.30%
12 Months	36.54%	37.29%

26 Overlapping Holdings

Symbol	Grade	Weight in TGRT	Weight in FFLC	Overlap
AAPL	C	9.94%	4.26%	4.26%
AMZN	C	6.46%	2.89%	2.89%
APH	A	1.06%	0.85%	0.85%
APO	B	0.26%	0.61%	0.26%
ASML	F	0.47%	0.18%	0.18%
AVGO	D	1.53%	1.98%	1.53%
CI	F	1.02%	1.23%	1.02%
COST	B	0.78%	0.63%	0.63%
ELV	F	0.19%	0.63%	0.19%
FI	A	1.83%	1.34%	1.34%
GOOGL	C	5.82%	3.2%	3.2%
HLT	A	0.45%	0.52%	0.45%
INTU	C	1.86%	1.0%	1.0%
LIN	D	0.3%	0.2%	0.2%
LLY	F	2.85%	1.85%	1.85%
MA	C	2.6%	0.85%	0.85%
MELI	D	0.48%	0.2%	0.2%
META	D	5.65%	4.7%	4.7%
MSFT	F	11.41%	6.98%	6.98%
NVDA	C	10.21%	5.71%	5.71%
REGN	F	0.16%	0.75%	0.16%
TMUS	B	0.38%	0.2%	0.2%
TSM	B	0.35%	0.97%	0.35%
UBER	D	0.42%	0.61%	0.42%
UNH	C	1.76%	1.72%	1.72%
V	A	2.13%	1.31%	1.31%

TGRT Overweight 65 Positions Relative to FFLC

Symbol	Grade	Weight
ISRG	A	1.59%
NOW	A	1.4%
NFLX	A	1.35%
ADBE	C	1.2%
BKNG	A	0.95%
HD	A	0.95%
SYK	C	0.92%
TSLA	B	0.92%
AMD	F	0.88%
ROST	C	0.81%
IR	B	0.75%
CMG	B	0.74%
DHR	F	0.74%
SHOP	B	0.69%
FICO	B	0.68%
TW	A	0.67%
HWM	A	0.65%
CRM	B	0.6%
EFX	F	0.57%
CDNS	B	0.5%
TDG	D	0.45%
SNPS	B	0.44%
ARGX	A	0.41%
SBUX	A	0.41%
SPOT	B	0.41%
CPNG	D	0.41%
ORLY	B	0.39%
BDX	F	0.38%
ANET	C	0.36%
HUBS	A	0.35%
CTAS	B	0.34%
SCHW	B	0.34%
ADP	B	0.34%
MCK	B	0.33%
TEAM	A	0.33%
VRTX	F	0.31%
DT	C	0.31%
QCOM	F	0.3%
HCA	F	0.29%
SLB	C	0.29%
MMC	B	0.28%
LRCX	F	0.27%
IOT	A	0.27%
PANW	C	0.27%
ADSK	A	0.26%
ROP	B	0.24%
ADI	D	0.21%
DKNG	B	0.2%
ENTG	D	0.19%
WDAY	B	0.19%
SPGI	C	0.17%
LEGN	F	0.16%
CBOE	B	0.16%
SHW	A	0.16%
PEP	F	0.15%
ULTA	F	0.15%
ZTS	D	0.15%
KLAC	D	0.15%
DG	F	0.15%
MPWR	F	0.15%
WCN	A	0.14%
BR	A	0.14%
FAST	B	0.14%
STZ	D	0.1%
LULU	C	0.08%

TGRT Underweight 61 Positions Relative to FFLC

Symbol	Grade	Weight
XOM	B	-2.88%
BAC	A	-2.18%
WFC	A	-1.82%
SO	D	-1.72%
CMCSA	B	-1.69%
GE	D	-1.61%
BSX	B	-1.35%
EIX	B	-1.31%
TMO	F	-1.18%
SAP	B	-1.15%
CSCO	B	-1.1%
LOW	D	-1.06%
CEG	D	-1.06%
KVUE	A	-1.04%
ETN	A	-1.02%
PNC	B	-1.01%
KDP	D	-1.0%
ORCL	B	-0.97%
KO	D	-0.94%
USB	A	-0.94%
URI	B	-0.92%
BMY	B	-0.92%
GEV	B	-0.87%
TRV	B	-0.87%
MOD	A	-0.84%
ALSN	B	-0.83%
UPS	C	-0.78%
RPRX	D	-0.76%
CB	C	-0.73%
BA	F	-0.72%
VRT	B	-0.66%
HRB	D	-0.64%
ABBV	D	-0.61%
CCI	D	-0.61%
KNX	B	-0.59%
FDX	B	-0.58%
WSO	A	-0.56%
NVO	D	-0.53%
DOX	D	-0.53%
MLM	B	-0.49%
AMT	D	-0.43%
DEO	F	-0.43%
MAR	B	-0.42%
AJG	B	-0.41%
WSM	B	-0.4%
GD	F	-0.38%
GEN	B	-0.37%
COR	B	-0.37%
LEN	D	-0.36%
ABNB	C	-0.33%
GSK	F	-0.3%
HII	D	-0.29%
GILD	C	-0.27%
NOC	D	-0.25%
DKS	C	-0.19%
SPR	D	-0.19%
SPG	B	-0.18%
IP	B	-0.18%
KBR	F	-0.17%
LNG	B	-0.03%
MRVL	B	-0.02%