TVAL vs. ESGU ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL) to iShares MSCI USA ESG Optimized ETF (ESGU)

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

ESGU

iShares MSCI USA ESG Optimized ETF

ESGU Description

The iShares MSCI USA ESG Optimized ETF seeks to track the investment results of an index composed of U.S. companies that have positive environmental, social and governance characteristics as identified by the index provider while exhibiting risk and return characteristics similar to those of the parent index.

Grade (RS Rating)

Last Trade

$131.23

Average Daily Volume

490,830

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

Performance

Period	TVAL	ESGU
30 Days	2.98%	3.53%
60 Days	4.22%	4.75%
90 Days	5.88%	6.66%
12 Months	29.14%	32.83%

81 Overlapping Holdings

Symbol	Grade	Weight in TVAL	Weight in ESGU	Overlap
A	D	0.33%	0.11%	0.11%
ABBV	D	0.36%	0.41%	0.36%
ACN	C	0.7%	0.43%	0.43%
ADI	D	0.35%	0.12%	0.12%
AMAT	F	0.38%	0.46%	0.38%
AMD	F	0.22%	0.44%	0.22%
AXP	A	0.26%	0.44%	0.26%
BAC	A	1.89%	0.65%	0.65%
BKR	B	0.35%	0.15%	0.15%
BLK	C	0.43%	0.12%	0.12%
C	A	0.81%	0.34%	0.34%
CARR	D	0.27%	0.17%	0.17%
CAT	B	0.3%	0.32%	0.3%
CI	F	0.87%	0.28%	0.28%
CL	D	0.84%	0.09%	0.09%
CMCSA	B	0.46%	0.2%	0.2%
CMI	A	1.09%	0.46%	0.46%
COF	B	0.33%	0.12%	0.12%
COP	C	1.25%	0.36%	0.36%
CVX	A	0.73%	0.61%	0.61%
D	C	0.55%	0.15%	0.15%
DHR	F	0.65%	0.31%	0.31%
DIS	B	0.2%	0.47%	0.2%
ELV	F	1.81%	0.34%	0.34%
EQIX	A	0.16%	0.33%	0.16%
EQT	B	0.46%	0.12%	0.12%
FANG	D	0.43%	0.09%	0.09%
FI	A	1.53%	0.12%	0.12%
GE	D	1.21%	0.45%	0.45%
GEV	B	0.7%	0.17%	0.17%
GOOG	C	0.95%	2.34%	0.95%
HBAN	A	0.45%	0.17%	0.17%
HCA	F	0.45%	0.13%	0.13%
HD	A	0.63%	1.02%	0.63%
HIG	B	1.96%	0.26%	0.26%
HON	B	0.68%	0.39%	0.39%
HUBB	B	0.7%	0.11%	0.11%
HWM	A	0.48%	0.11%	0.11%
IP	B	0.64%	0.11%	0.11%
JNJ	D	1.82%	0.62%	0.62%
JPM	A	1.23%	1.34%	1.23%
KDP	D	0.4%	0.09%	0.09%
KEYS	A	0.35%	0.2%	0.2%
KMB	D	0.66%	0.15%	0.15%
KO	D	0.72%	0.85%	0.72%
LIN	D	0.73%	0.34%	0.34%
LLY	F	1.19%	1.21%	1.19%
MCD	D	0.46%	0.31%	0.31%
MCK	B	0.8%	0.32%	0.32%
MET	A	0.22%	0.31%	0.22%
META	D	0.87%	2.19%	0.87%
MMC	B	0.67%	0.17%	0.17%
MOH	F	0.28%	0.08%	0.08%
MRK	F	0.8%	0.47%	0.47%
MS	A	0.56%	0.54%	0.54%
MSFT	F	0.65%	5.77%	0.65%
MU	D	0.45%	0.18%	0.18%
NEE	D	0.59%	0.41%	0.41%
PG	A	0.72%	0.69%	0.69%
PGR	A	0.48%	0.42%	0.42%
PLD	D	0.34%	0.13%	0.13%
QCOM	F	1.08%	0.28%	0.28%
REGN	F	0.42%	0.15%	0.15%
SCHW	B	0.89%	0.2%	0.2%
SPGI	C	0.26%	0.47%	0.26%
STLD	B	0.32%	0.11%	0.11%
TMO	F	1.12%	0.2%	0.2%
TT	A	0.31%	0.47%	0.31%
TXN	C	0.7%	0.7%	0.7%
UNH	C	1.9%	0.95%	0.95%
UNP	C	0.42%	0.29%	0.29%
UPS	C	0.28%	0.16%	0.16%
USB	A	0.56%	0.17%	0.17%
VRTX	F	0.29%	0.32%	0.29%
VZ	C	0.58%	0.37%	0.37%
WDC	D	0.6%	0.09%	0.09%
WFC	A	1.77%	0.13%	0.13%
WY	D	0.88%	0.1%	0.1%
XOM	B	2.56%	0.58%	0.58%
ZBH	C	0.85%	0.1%	0.1%
ZTS	D	0.23%	0.34%	0.23%

TVAL Overweight 63 Positions Relative to ESGU

Symbol	Grade	Weight
CB	C	2.23%
WMT	A	1.89%
SO	D	1.67%
KVUE	A	1.49%
PM	B	1.41%
LHX	C	1.36%
AVB	B	1.22%
SWK	D	1.1%
BDX	F	1.01%
EQH	B	1.0%
TMUS	B	0.88%
AIG	B	0.87%
EOG	A	0.82%
FITB	A	0.77%
NWSA	B	0.75%
VST	B	0.74%
NSC	B	0.74%
TTE	F	0.7%
SRE	A	0.68%
AEE	A	0.65%
RSG	A	0.62%
BA	F	0.56%
AZO	C	0.52%
RPM	A	0.52%
ROK	B	0.52%
CF	B	0.52%
BAX	D	0.5%
CSX	B	0.49%
REXR	F	0.48%
AZN	D	0.47%
MAR	B	0.47%
WMB	A	0.46%
APO	B	0.46%
TDG	D	0.46%
ARES	A	0.45%
PSA	D	0.44%
MDLZ	F	0.43%
CPAY	A	0.42%
LEN	D	0.42%
LVS	C	0.41%
LAMR	D	0.4%
CAG	D	0.4%
TSM	B	0.39%
ALL	A	0.39%
YUM	B	0.36%
MSI	B	0.34%
EFX	F	0.33%
UAL	A	0.31%
AME	A	0.31%
OTIS	C	0.3%
ROP	B	0.29%
TJX	A	0.29%
MCHP	D	0.27%
CDW	F	0.25%
MGM	D	0.24%
CVS	D	0.23%
CME	A	0.23%
HAL	C	0.22%
VMC	B	0.22%
BHP	F	0.2%
AVY	D	0.19%
SNY	F	0.19%
DTE	C	0.17%

TVAL Underweight 203 Positions Relative to ESGU

Symbol	Grade	Weight
NVDA	C	-6.91%
AAPL	C	-6.22%
AMZN	C	-3.61%
TSLA	B	-1.78%
AVGO	D	-1.37%
GOOGL	C	-1.19%
V	A	-1.05%
MA	C	-0.95%
COST	B	-0.79%
CRM	B	-0.72%
ADP	B	-0.69%
NOW	A	-0.66%
INTU	C	-0.61%
NFLX	A	-0.6%
ORCL	B	-0.59%
ADBE	C	-0.56%
PRU	A	-0.54%
IBM	C	-0.52%
PEG	A	-0.48%
GILD	C	-0.48%
K	A	-0.48%
CSCO	B	-0.47%
BR	A	-0.45%
BK	A	-0.42%
RTX	C	-0.42%
BRK.A	B	-0.41%
ECL	D	-0.4%
GS	A	-0.4%
LOW	D	-0.39%
OKE	A	-0.39%
CRH	A	-0.39%
NI	A	-0.38%
PEP	F	-0.38%
AMGN	D	-0.37%
GWW	B	-0.37%
ADSK	A	-0.37%
PNC	B	-0.36%
GIS	D	-0.35%
BKNG	A	-0.34%
ISRG	A	-0.33%
HES	B	-0.32%
PNR	A	-0.32%
MMM	D	-0.32%
KMI	A	-0.32%
AMT	D	-0.31%
CCI	D	-0.31%
MCO	B	-0.3%
LRCX	F	-0.29%
INTC	D	-0.29%
TRGP	B	-0.28%
PANW	C	-0.27%
CLX	B	-0.26%
NXPI	D	-0.26%
EW	C	-0.25%
FLUT	A	-0.25%
EXPD	D	-0.25%
SBUX	A	-0.24%
WELL	A	-0.24%
DFS	B	-0.24%
PFE	D	-0.24%
IDXX	F	-0.23%
DAL	C	-0.23%
LKQ	D	-0.23%
TGT	F	-0.23%
UBER	D	-0.23%
DLR	B	-0.23%
DE	A	-0.22%
CDNS	B	-0.22%
AXON	A	-0.22%
XYL	D	-0.22%
COR	B	-0.22%
KR	B	-0.22%
SYF	B	-0.22%
CHD	B	-0.21%
TRV	B	-0.21%
PPG	F	-0.21%
SNPS	B	-0.21%
ANSS	B	-0.21%
LNG	B	-0.2%
FERG	B	-0.2%
DECK	A	-0.2%
ANET	C	-0.2%
NDAQ	A	-0.2%
CHRW	C	-0.2%
VLTO	D	-0.19%
TAP	C	-0.19%
ETN	A	-0.19%
NOC	D	-0.19%
CBRE	B	-0.18%
JCI	C	-0.18%
BG	F	-0.18%
CMS	C	-0.18%
HPE	B	-0.17%
EA	A	-0.17%
COO	D	-0.17%
MELI	D	-0.17%
WAT	B	-0.17%
WDAY	B	-0.17%
BMY	B	-0.17%
BBY	D	-0.16%
FDS	B	-0.16%
MRVL	B	-0.16%
T	A	-0.16%
IT	C	-0.16%
EXC	C	-0.16%
KHC	F	-0.16%
TEAM	A	-0.15%
NEM	D	-0.15%
STE	F	-0.15%
TWLO	A	-0.15%
IRM	D	-0.15%
CAH	B	-0.15%
PTC	A	-0.15%
FTV	C	-0.14%
OVV	B	-0.14%
RCL	A	-0.14%
DGX	A	-0.14%
PYPL	B	-0.14%
TSCO	D	-0.14%
CMG	B	-0.13%
FIS	C	-0.13%
WSM	B	-0.13%
EME	C	-0.13%
TFC	A	-0.13%
LII	A	-0.13%
HUBS	A	-0.13%
J	F	-0.13%
SBAC	D	-0.13%
PSX	C	-0.13%
URI	B	-0.13%
LULU	C	-0.12%
NUE	C	-0.12%
NTRS	A	-0.12%
AFL	B	-0.12%
AIZ	A	-0.12%
TRMB	B	-0.12%
CNH	C	-0.12%
ACGL	D	-0.12%
IQV	D	-0.12%
FICO	B	-0.12%
KKR	A	-0.12%
WTW	B	-0.11%
FDX	B	-0.11%
PFG	D	-0.11%
GDDY	A	-0.11%
SYK	C	-0.11%
IR	B	-0.11%
EIX	B	-0.11%
PAYX	C	-0.11%
IEX	B	-0.11%
HLT	A	-0.11%
VEEV	C	-0.11%
AJG	B	-0.11%
CEG	D	-0.11%
DELL	C	-0.11%
OC	A	-0.11%
PWR	A	-0.11%
FOX	A	-0.11%
MKC	D	-0.1%
HOLX	D	-0.1%
JNPR	F	-0.1%
MRO	B	-0.1%
PHM	D	-0.1%
POOL	C	-0.1%
ES	D	-0.1%
DXCM	D	-0.1%
LH	C	-0.1%
WST	C	-0.1%
FBIN	D	-0.1%
SLB	C	-0.1%
HPQ	B	-0.1%
LDOS	C	-0.1%
ODFL	B	-0.1%
JBHT	C	-0.1%
DVA	B	-0.1%
MDB	C	-0.1%
DHI	D	-0.09%
HRL	D	-0.09%
ADM	D	-0.09%
AKAM	D	-0.09%
STX	D	-0.09%
ED	D	-0.09%
SNOW	C	-0.09%
BALL	D	-0.09%
WTRG	B	-0.09%
SYY	B	-0.09%
ULTA	F	-0.09%
PARA	C	-0.09%
VLO	C	-0.09%
TFX	F	-0.08%
AVTR	F	-0.08%
MTD	D	-0.08%
ALNY	D	-0.08%
FSLR	F	-0.08%
IPG	D	-0.08%
IFF	D	-0.08%
NTAP	C	-0.08%
CPB	D	-0.08%
HII	D	-0.07%
CNC	D	-0.07%
BIIB	F	-0.07%
DLTR	F	-0.06%
MRNA	F	-0.04%