TVAL vs. DGT ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL) to SPDR Global Dow ETF (based on The Global Dow) (DGT)

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

$32.61

Average Daily Volume

11,589

Number of Holdings ^*

143

* may have additional holdings in another (foreign) market

DGT

SPDR Global Dow ETF (based on The Global Dow)

DGT Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of multinational blue-chip issuers. In seeking to track the performance of The Global Dow (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is made up of 150 constituents from around the world selected by an Averages Committee comprised of the managing editor of the Wall Street Journal. It is non-diversified.

Grade (RS Rating)

Last Trade

$135.75

Average Daily Volume

7,169

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TVAL	DGT
30 Days	0.25%	-1.81%
60 Days	2.87%	-0.17%
90 Days	5.64%	2.76%
12 Months	28.19%	22.99%

42 Overlapping Holdings

Symbol	Grade	Weight in TVAL	Weight in DGT	Overlap
ABBV	F	0.36%	0.67%	0.36%
ABBV	F	0.36%	0.67%	0.36%
ACN	C	0.7%	0.67%	0.67%
AIG	A	0.87%	0.67%	0.67%
AMD	F	0.22%	0.63%	0.22%
AXP	B	0.26%	0.72%	0.26%
BA	F	0.56%	0.62%	0.56%
BAC	A	1.89%	0.74%	0.74%
BAX	F	0.5%	0.58%	0.5%
CAT	B	0.3%	0.77%	0.3%
CL	C	0.84%	0.55%	0.55%
COP	B	1.25%	0.7%	0.7%
CVS	D	0.23%	0.63%	0.23%
CVX	A	0.73%	0.72%	0.72%
DIS	B	0.2%	0.7%	0.2%
GE	D	1.21%	0.65%	0.65%
GOOG	B	0.95%	0.34%	0.34%
HD	A	0.63%	0.68%	0.63%
HON	A	0.68%	0.68%	0.68%
HWM	A	0.48%	0.75%	0.48%
JNJ	D	1.82%	0.61%	0.61%
JPM	A	1.23%	0.75%	0.75%
KO	D	0.72%	0.57%	0.57%
LLY	F	1.19%	0.56%	0.56%
MCD	D	0.46%	0.65%	0.46%
MDLZ	F	0.43%	0.56%	0.43%
META	C	0.87%	0.72%	0.72%
MRK	F	0.8%	0.56%	0.56%
MSFT	D	0.65%	0.64%	0.64%
NEE	C	0.59%	0.57%	0.57%
PG	C	0.72%	0.6%	0.6%
PLD	D	0.34%	0.56%	0.34%
PM	A	1.41%	0.63%	0.63%
QCOM	F	1.08%	0.67%	0.67%
TSM	B	0.39%	0.79%	0.39%
UNH	B	1.9%	0.66%	0.66%
UNP	D	0.42%	0.63%	0.42%
UPS	C	0.28%	0.68%	0.28%
VZ	C	0.58%	0.59%	0.58%
WFC	A	1.77%	0.85%	0.85%
WMT	A	1.89%	0.67%	0.67%
XOM	A	2.56%	0.7%	0.7%

TVAL Overweight 102 Positions Relative to DGT

Symbol	Grade	Weight
CB	C	2.23%
HIG	A	1.96%
ELV	F	1.81%
SO	C	1.67%
FI	A	1.53%
KVUE	A	1.49%
LHX	B	1.36%
AVB	B	1.22%
TMO	F	1.12%
SWK	F	1.1%
CMI	A	1.09%
BDX	F	1.01%
EQH	B	1.0%
SCHW	A	0.89%
TMUS	A	0.88%
WY	D	0.88%
CI	D	0.87%
ZBH	C	0.85%
EOG	A	0.82%
C	A	0.81%
MCK	A	0.8%
FITB	A	0.77%
NWSA	B	0.75%
VST	A	0.74%
NSC	B	0.74%
LIN	D	0.73%
TXN	B	0.7%
HUBB	B	0.7%
GEV	B	0.7%
TTE	F	0.7%
SRE	A	0.68%
MMC	C	0.67%
KMB	C	0.66%
AEE	A	0.65%
DHR	F	0.65%
IP	A	0.64%
RSG	B	0.62%
WDC	F	0.6%
USB	A	0.56%
MS	A	0.56%
D	C	0.55%
AZO	A	0.52%
RPM	A	0.52%
ROK	B	0.52%
CF	A	0.52%
CSX	B	0.49%
REXR	F	0.48%
PGR	B	0.48%
AZN	F	0.47%
MAR	A	0.47%
WMB	A	0.46%
CMCSA	B	0.46%
EQT	A	0.46%
APO	A	0.46%
TDG	D	0.46%
HBAN	A	0.45%
ARES	B	0.45%
MU	D	0.45%
HCA	F	0.45%
PSA	C	0.44%
FANG	C	0.43%
REGN	F	0.42%
CPAY	A	0.42%
LEN	D	0.42%
LVS	B	0.41%
LAMR	D	0.4%
KDP	F	0.4%
CAG	F	0.4%
ALL	A	0.39%
AMAT	F	0.38%
YUM	D	0.36%
BKR	A	0.35%
KEYS	C	0.35%
ADI	D	0.35%
MSI	A	0.34%
EFX	F	0.33%
A	F	0.33%
COF	B	0.33%
STLD	B	0.32%
UAL	A	0.31%
TT	A	0.31%
AME	A	0.31%
OTIS	C	0.3%
VRTX	C	0.29%
ROP	C	0.29%
TJX	A	0.29%
MOH	F	0.28%
CARR	D	0.27%
MCHP	F	0.27%
SPGI	C	0.26%
CDW	F	0.25%
MGM	D	0.24%
ZTS	D	0.23%
CME	A	0.23%
HAL	C	0.22%
VMC	B	0.22%
MET	A	0.22%
BHP	F	0.2%
AVY	D	0.19%
SNY	D	0.19%
DTE	C	0.17%
EQIX	A	0.16%

TVAL Underweight 51 Positions Relative to DGT

Symbol	Grade	Weight
CCL	A	-0.88%
INTC	C	-0.86%
TSLA	A	-0.83%
NVDA	B	-0.81%
BKNG	A	-0.81%
CRM	B	-0.79%
GS	A	-0.78%
GILD	B	-0.76%
CSCO	B	-0.75%
PYPL	A	-0.75%
MT	B	-0.75%
ORCL	A	-0.74%
NFLX	A	-0.74%
AMZN	B	-0.73%
BK	A	-0.73%
MUFG	A	-0.72%
HPQ	A	-0.72%
MFG	A	-0.72%
AVGO	C	-0.71%
SLB	C	-0.7%
TRV	A	-0.69%
SPG	A	-0.69%
HSBH	A	-0.69%
V	A	-0.69%
DD	D	-0.68%
BRK.A	A	-0.67%
DE	C	-0.67%
AAPL	C	-0.66%
TM	D	-0.66%
RTX	D	-0.65%
T	A	-0.65%
ABT	A	-0.64%
IBM	D	-0.64%
MMM	D	-0.64%
SBUX	A	-0.63%
EBAY	D	-0.63%
MDT	D	-0.63%
FDX	A	-0.63%
NKE	F	-0.62%
AMGN	F	-0.62%
SONY	B	-0.62%
DUK	C	-0.61%
ADBE	F	-0.61%
INFY	D	-0.6%
PFE	F	-0.6%
NVS	D	-0.59%
PEP	F	-0.59%
HMC	F	-0.57%
BABA	D	-0.54%
GOOGL	B	-0.41%
BABA	D	-0.21%