TVAL vs. RBLD ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL) to First Trust Alerian U.S. NextGen Infrastructure ETF (RBLD)

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

$32.49

Average Daily Volume

11,689

Number of Holdings ^*

143

* may have additional holdings in another (foreign) market

RBLD

First Trust Alerian U.S. NextGen Infrastructure ETF

RBLD Description

Traded Fund II - First Trust Alerian U.S. NextGen Infrastructure ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund invests in public equity markets of global region. The fund invests in stocks of companies operating across industrials, capital goods, construction and engineering, construction and engineering, commercial construction and engineering, commercial construction, general contractors and operative builders, industrial buildings and warehouses, commercial and institutional buildings, hotel and motel construction, heavy construction, construction support services, engineering and surveying services, engineering services, machinery, construction machinery and heavy trucks, trading companies and distributors, machinery distribution, construction machinery distribution, machinery rental and leasing, construction machinery rental and leasing, commercial and professional services, commercial services and supplies, diversified support services, government related services, civil services, consumer discretionary, consumer durables and apparel, household durables, homebuilding, residential construction, general contractors and operative builders, information technology, software and services, software, application software, enterprise software, industry specific software, construction industry software sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Alerian U.S. NextGen Infrastructure Index, by using full replication technique. First Trust Alerian U.S. NextGen Infrastructure ETF was formed on October 13, 2008 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$70.58

Average Daily Volume

534

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	TVAL	RBLD
30 Days	-0.12%	2.04%
60 Days	2.65%	5.93%
90 Days	4.84%	11.07%
12 Months	27.28%	34.43%

27 Overlapping Holdings

Symbol	Grade	Weight in TVAL	Weight in RBLD	Overlap
AEE	A	0.65%	1.01%	0.65%
AME	A	0.31%	1.11%	0.31%
BKR	B	0.35%	1.11%	0.35%
CARR	D	0.27%	0.9%	0.27%
CAT	C	0.3%	0.95%	0.3%
CMI	A	1.09%	1.06%	1.06%
CSX	C	0.49%	1.0%	0.49%
D	C	0.55%	0.98%	0.55%
DTE	C	0.17%	0.94%	0.17%
EQIX	A	0.16%	1.0%	0.16%
GEV	A	0.7%	1.2%	0.7%
HAL	C	0.22%	0.95%	0.22%
HON	B	0.68%	1.05%	0.68%
HUBB	B	0.7%	0.96%	0.7%
NEE	C	0.59%	0.9%	0.59%
NSC	B	0.74%	1.04%	0.74%
OTIS	C	0.3%	0.94%	0.3%
ROK	B	0.52%	1.04%	0.52%
SO	C	1.67%	0.95%	0.95%
SRE	A	0.68%	1.08%	0.68%
STLD	B	0.32%	1.04%	0.32%
SWK	F	1.1%	0.78%	0.78%
TT	A	0.31%	1.01%	0.31%
UNP	D	0.42%	0.96%	0.42%
VMC	B	0.22%	1.12%	0.22%
VST	A	0.74%	1.08%	0.74%
WMB	A	0.46%	1.09%	0.46%

TVAL Overweight 116 Positions Relative to RBLD

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%
JNJ	D	1.82%
ELV	F	1.81%
WFC	A	1.77%
FI	A	1.53%
KVUE	A	1.49%
PM	A	1.41%
LHX	B	1.36%
COP	B	1.25%
JPM	A	1.23%
AVB	B	1.22%
GE	D	1.21%
LLY	F	1.19%
TMO	F	1.12%
QCOM	F	1.08%
BDX	F	1.01%
EQH	B	1.0%
GOOG	B	0.95%
SCHW	A	0.89%
TMUS	B	0.88%
WY	D	0.88%
META	C	0.87%
AIG	C	0.87%
CI	D	0.87%
ZBH	C	0.85%
CL	D	0.84%
EOG	A	0.82%
C	B	0.81%
MCK	A	0.8%
MRK	F	0.8%
FITB	B	0.77%
NWSA	B	0.75%
CVX	A	0.73%
LIN	D	0.73%
KO	D	0.72%
PG	C	0.72%
TXN	C	0.7%
ACN	C	0.7%
TTE	F	0.7%
MMC	D	0.67%
KMB	C	0.66%
MSFT	D	0.65%
DHR	D	0.65%
IP	A	0.64%
HD	A	0.63%
RSG	A	0.62%
WDC	F	0.6%
VZ	C	0.58%
USB	B	0.56%
BA	D	0.56%
MS	A	0.56%
AZO	C	0.52%
RPM	B	0.52%
CF	A	0.52%
BAX	F	0.5%
HWM	A	0.48%
REXR	F	0.48%
PGR	B	0.48%
AZN	F	0.47%
MAR	B	0.47%
CMCSA	B	0.46%
EQT	A	0.46%
MCD	D	0.46%
APO	A	0.46%
TDG	D	0.46%
HBAN	B	0.45%
ARES	A	0.45%
MU	D	0.45%
HCA	F	0.45%
PSA	C	0.44%
FANG	D	0.43%
MDLZ	F	0.43%
REGN	F	0.42%
CPAY	A	0.42%
LEN	D	0.42%
LVS	B	0.41%
LAMR	D	0.4%
KDP	D	0.4%
CAG	F	0.4%
TSM	B	0.39%
ALL	A	0.39%
AMAT	F	0.38%
ABBV	F	0.36%
YUM	D	0.36%
KEYS	C	0.35%
ADI	D	0.35%
PLD	D	0.34%
MSI	B	0.34%
EFX	F	0.33%
A	F	0.33%
COF	B	0.33%
UAL	A	0.31%
VRTX	D	0.29%
ROP	C	0.29%
TJX	A	0.29%
MOH	F	0.28%
UPS	C	0.28%
MCHP	F	0.27%
AXP	B	0.26%
SPGI	D	0.26%
CDW	F	0.25%
MGM	D	0.24%
ZTS	D	0.23%
CVS	F	0.23%
CME	A	0.23%
AMD	F	0.22%
MET	A	0.22%
BHP	F	0.2%
DIS	B	0.2%
AVY	D	0.19%
SNY	F	0.19%

TVAL Underweight 73 Positions Relative to RBLD

Symbol	Grade	Weight
SNA	B	-1.21%
TRGP	A	-1.14%
EMR	A	-1.13%
GDDY	A	-1.11%
ETR	A	-1.1%
OKE	A	-1.1%
DLR	A	-1.09%
VRT	A	-1.09%
EME	A	-1.09%
KMI	A	-1.09%
PCAR	C	-1.08%
LNG	A	-1.07%
PNR	B	-1.07%
IEX	B	-1.07%
PH	B	-1.07%
JCI	B	-1.07%
XEL	A	-1.07%
OC	A	-1.07%
MLM	B	-1.06%
FIX	A	-1.05%
RS	B	-1.05%
DOV	B	-1.05%
WAB	B	-1.04%
ETN	B	-1.04%
PCG	A	-1.04%
EVRG	A	-1.03%
NI	A	-1.03%
GGG	B	-1.02%
ITW	B	-1.02%
PPL	A	-1.02%
PWR	A	-1.02%
LII	A	-1.01%
SNOW	C	-1.01%
IR	B	-1.01%
ATO	A	-1.01%
NRG	B	-1.01%
ACM	B	-1.0%
CNP	A	-0.99%
ITT	A	-0.99%
WEC	A	-0.99%
LNT	A	-0.98%
NDSN	D	-0.98%
MDB	C	-0.97%
VRSN	F	-0.96%
OKTA	D	-0.96%
EIX	C	-0.96%
MMM	D	-0.96%
NET	B	-0.96%
ALLE	D	-0.95%
DUK	C	-0.95%
FTV	D	-0.95%
CSL	C	-0.95%
PEG	C	-0.95%
AWK	C	-0.94%
NUE	D	-0.94%
EXC	C	-0.94%
SLB	C	-0.94%
CMS	C	-0.94%
ES	C	-0.93%
AEP	C	-0.93%
FE	C	-0.93%
BLDR	D	-0.92%
MAS	D	-0.92%
CCI	C	-0.91%
SBAC	D	-0.91%
ED	C	-0.91%
XYL	D	-0.88%
AMT	D	-0.87%
FCX	F	-0.85%
WMS	F	-0.84%
AKAM	F	-0.83%
CEG	C	-0.83%
AES	F	-0.78%