TVAL vs. COWG ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL) to Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG)

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

$33.11

Average Daily Volume

13,066

Number of Holdings ^*

144

* may have additional holdings in another (foreign) market

COWG

Pacer US Large Cap Cash Cows Growth Leaders ETF

COWG Description

Pacer US Large Cap Cash Cows Growth Leaders ETF is an exchange traded fund launched and managed by Pacer Advisors, Inc. It invests in public equity markets of the United States. The fund invests in the stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. The fund seeks to track the performance of the Pacer US Large Cap Cash Cows Growth Leaders Index, by using full replication technique. Pacer US Large Cap Cash Cows Growth Leaders ETF was formed on December 21, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.66

Average Daily Volume

166,515

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TVAL	COWG
30 Days	2.98%	13.99%
60 Days	4.22%	17.70%
90 Days	5.88%	20.44%
12 Months	29.14%	49.68%

17 Overlapping Holdings

Symbol	Grade	Weight in TVAL	Weight in COWG	Overlap
ABBV	D	0.36%	0.67%	0.36%
ADI	D	0.35%	1.09%	0.35%
AMAT	F	0.38%	0.46%	0.38%
AME	A	0.31%	0.46%	0.31%
FANG	D	0.43%	0.64%	0.43%
JNJ	D	1.82%	0.48%	0.48%
MCD	D	0.46%	0.46%	0.46%
MCHP	D	0.27%	0.38%	0.27%
META	D	0.87%	0.7%	0.7%
MSFT	F	0.65%	0.51%	0.51%
PM	B	1.41%	1.58%	1.41%
QCOM	F	1.08%	0.78%	0.78%
REGN	F	0.42%	0.76%	0.42%
ROP	B	0.29%	0.51%	0.29%
TDG	D	0.46%	0.9%	0.46%
WMB	A	0.46%	1.57%	0.46%
ZTS	D	0.23%	0.33%	0.23%

TVAL Overweight 127 Positions Relative to COWG

Symbol	Grade	Weight
XOM	B	2.56%
CB	C	2.23%
HIG	B	1.96%
UNH	C	1.9%
WMT	A	1.89%
BAC	A	1.89%
ELV	F	1.81%
WFC	A	1.77%
SO	D	1.67%
FI	A	1.53%
KVUE	A	1.49%
LHX	C	1.36%
COP	C	1.25%
JPM	A	1.23%
AVB	B	1.22%
GE	D	1.21%
LLY	F	1.19%
TMO	F	1.12%
SWK	D	1.1%
CMI	A	1.09%
BDX	F	1.01%
EQH	B	1.0%
GOOG	C	0.95%
SCHW	B	0.89%
TMUS	B	0.88%
WY	D	0.88%
AIG	B	0.87%
CI	F	0.87%
ZBH	C	0.85%
CL	D	0.84%
EOG	A	0.82%
C	A	0.81%
MCK	B	0.8%
MRK	F	0.8%
FITB	A	0.77%
NWSA	B	0.75%
VST	B	0.74%
NSC	B	0.74%
CVX	A	0.73%
LIN	D	0.73%
KO	D	0.72%
PG	A	0.72%
TXN	C	0.7%
HUBB	B	0.7%
ACN	C	0.7%
GEV	B	0.7%
TTE	F	0.7%
HON	B	0.68%
SRE	A	0.68%
MMC	B	0.67%
KMB	D	0.66%
AEE	A	0.65%
DHR	F	0.65%
IP	B	0.64%
HD	A	0.63%
RSG	A	0.62%
WDC	D	0.6%
NEE	D	0.59%
VZ	C	0.58%
USB	A	0.56%
BA	F	0.56%
MS	A	0.56%
D	C	0.55%
AZO	C	0.52%
RPM	A	0.52%
ROK	B	0.52%
CF	B	0.52%
BAX	D	0.5%
CSX	B	0.49%
HWM	A	0.48%
REXR	F	0.48%
PGR	A	0.48%
AZN	D	0.47%
MAR	B	0.47%
CMCSA	B	0.46%
EQT	B	0.46%
APO	B	0.46%
HBAN	A	0.45%
ARES	A	0.45%
MU	D	0.45%
HCA	F	0.45%
PSA	D	0.44%
BLK	C	0.43%
MDLZ	F	0.43%
UNP	C	0.42%
CPAY	A	0.42%
LEN	D	0.42%
LVS	C	0.41%
LAMR	D	0.4%
KDP	D	0.4%
CAG	D	0.4%
TSM	B	0.39%
ALL	A	0.39%
YUM	B	0.36%
BKR	B	0.35%
KEYS	A	0.35%
PLD	D	0.34%
MSI	B	0.34%
EFX	F	0.33%
A	D	0.33%
COF	B	0.33%
STLD	B	0.32%
UAL	A	0.31%
TT	A	0.31%
OTIS	C	0.3%
CAT	B	0.3%
VRTX	F	0.29%
TJX	A	0.29%
MOH	F	0.28%
UPS	C	0.28%
CARR	D	0.27%
AXP	A	0.26%
SPGI	C	0.26%
CDW	F	0.25%
MGM	D	0.24%
CVS	D	0.23%
CME	A	0.23%
HAL	C	0.22%
VMC	B	0.22%
AMD	F	0.22%
MET	A	0.22%
BHP	F	0.2%
DIS	B	0.2%
AVY	D	0.19%
SNY	F	0.19%
DTE	C	0.17%
EQIX	A	0.16%

TVAL Underweight 81 Positions Relative to COWG

Symbol	Grade	Weight
APP	B	-7.1%
UI	A	-4.36%
TPL	A	-4.12%
NVDA	C	-2.81%
UTHR	C	-2.55%
PLTR	B	-2.33%
GDDY	A	-2.27%
FICO	B	-2.04%
DTM	B	-2.02%
DOCS	C	-1.92%
TKO	B	-1.71%
CRUS	D	-1.69%
GRMN	B	-1.68%
ORCL	B	-1.61%
RGLD	C	-1.6%
RMD	C	-1.58%
ANET	C	-1.53%
AVGO	D	-1.47%
KMI	A	-1.45%
MO	A	-1.42%
CWEN	C	-1.41%
GEN	B	-1.33%
AAPL	C	-1.27%
CSL	C	-1.19%
PANW	C	-1.09%
BKNG	A	-1.06%
MRO	B	-1.05%
DOCU	A	-1.03%
MPWR	F	-0.95%
NOW	A	-0.94%
KLAC	D	-0.94%
FTNT	C	-0.94%
VRSK	A	-0.85%
MRVL	B	-0.84%
GILD	C	-0.83%
FFIV	B	-0.82%
MTD	D	-0.8%
AM	A	-0.79%
LOPE	B	-0.78%
EA	A	-0.78%
SMG	D	-0.72%
PAYX	C	-0.71%
HOLX	D	-0.69%
SNA	A	-0.69%
OLED	D	-0.68%
DBX	B	-0.68%
MANH	D	-0.62%
DT	C	-0.54%
ZM	B	-0.53%
BMY	B	-0.53%
DUOL	A	-0.51%
JAZZ	B	-0.5%
PTC	A	-0.5%
ADBE	C	-0.48%
BSY	D	-0.47%
SWKS	F	-0.47%
MTCH	D	-0.46%
INTU	C	-0.45%
ANSS	B	-0.45%
VEEV	C	-0.43%
NBIX	C	-0.43%
CRWD	B	-0.42%
TEAM	A	-0.41%
CDNS	B	-0.4%
DDOG	A	-0.4%
VRSN	F	-0.39%
CRM	B	-0.38%
ZS	C	-0.37%
IRDM	D	-0.36%
WDAY	B	-0.35%
LRCX	F	-0.34%
MEDP	D	-0.33%
PINS	D	-0.32%
ABNB	C	-0.28%
IDXX	F	-0.26%
OKTA	C	-0.25%
ETSY	D	-0.24%
SNOW	C	-0.23%
LSCC	D	-0.23%
ZI	D	-0.2%
PATH	C	-0.18%