TVAL vs. SPUS ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL) to SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS)

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

SPUS

SP Funds S&P 500 Sharia Industry Exclusions ETF

SPUS Description

The investment seeks to track the performance, before fees and expenses, of the S&P 500 Shariah Industry Exclusions Index. The index is composed of the constituents of the S&P 500® Shariah Index other than those from the following sub-industries: Aerospace & Defense, Financial Exchanges & Data, and Data Processing & Outsourced Services. The manager attempts to invest all, or substantially all, of its assets in the component securities that make up the index. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$42.49

Average Daily Volume

187,591

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

Performance

Period	TVAL	SPUS
30 Days	2.98%	1.91%
60 Days	4.22%	2.94%
90 Days	5.88%	3.81%
12 Months	29.14%	29.89%

63 Overlapping Holdings

Symbol	Grade	Weight in TVAL	Weight in SPUS	Overlap
A	D	0.33%	0.12%	0.12%
ABBV	D	0.36%	0.94%	0.36%
ACN	C	0.7%	0.71%	0.7%
ADI	D	0.35%	0.33%	0.33%
AMAT	F	0.38%	0.45%	0.38%
AMD	F	0.22%	0.71%	0.22%
AME	A	0.31%	0.14%	0.14%
AVB	B	1.22%	0.1%	0.1%
AVY	D	0.19%	0.05%	0.05%
AZO	C	0.52%	0.17%	0.17%
BDX	F	1.01%	0.2%	0.2%
BKR	B	0.35%	0.14%	0.14%
CDW	F	0.25%	0.07%	0.07%
CF	B	0.52%	0.05%	0.05%
CL	D	0.84%	0.24%	0.24%
CMI	A	1.09%	0.16%	0.16%
COP	C	1.25%	0.42%	0.42%
CSX	B	0.49%	0.21%	0.21%
DHR	F	0.65%	0.48%	0.48%
EFX	F	0.33%	0.1%	0.1%
EOG	A	0.82%	0.25%	0.25%
EQIX	A	0.16%	0.28%	0.16%
GOOG	C	0.95%	2.71%	0.95%
HAL	C	0.22%	0.09%	0.09%
HD	A	0.63%	1.26%	0.63%
HON	B	0.68%	0.47%	0.47%
HUBB	B	0.7%	0.08%	0.08%
JNJ	D	1.82%	1.17%	1.17%
KDP	D	0.4%	0.11%	0.11%
KEYS	A	0.35%	0.09%	0.09%
KMB	D	0.66%	0.15%	0.15%
KVUE	A	1.49%	0.14%	0.14%
LIN	D	0.73%	0.69%	0.69%
LLY	F	1.19%	1.89%	1.19%
MCHP	D	0.27%	0.11%	0.11%
MCK	B	0.8%	0.26%	0.26%
MDLZ	F	0.43%	0.27%	0.27%
META	D	0.87%	3.93%	0.87%
MOH	F	0.28%	0.05%	0.05%
MRK	F	0.8%	0.79%	0.79%
MSFT	F	0.65%	9.82%	0.65%
MSI	B	0.34%	0.26%	0.26%
MU	D	0.45%	0.35%	0.35%
NSC	B	0.74%	0.19%	0.19%
OTIS	C	0.3%	0.13%	0.13%
PG	A	0.72%	1.28%	0.72%
PLD	D	0.34%	0.34%	0.34%
QCOM	F	1.08%	0.55%	0.55%
REGN	F	0.42%	0.25%	0.25%
ROK	B	0.52%	0.1%	0.1%
ROP	B	0.29%	0.19%	0.19%
RSG	A	0.62%	0.14%	0.14%
STLD	B	0.32%	0.07%	0.07%
TJX	A	0.29%	0.43%	0.29%
TMO	F	1.12%	0.62%	0.62%
TT	A	0.31%	0.3%	0.3%
TXN	C	0.7%	0.58%	0.58%
UNP	C	0.42%	0.45%	0.42%
UPS	C	0.28%	0.31%	0.28%
VMC	B	0.22%	0.12%	0.12%
WY	D	0.88%	0.07%	0.07%
XOM	B	2.56%	1.7%	1.7%
ZBH	C	0.85%	0.07%	0.07%

TVAL Overweight 81 Positions Relative to SPUS

Symbol	Grade	Weight
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%
PM	B	1.41%
LHX	C	1.36%
JPM	A	1.23%
GE	D	1.21%
SWK	D	1.1%
EQH	B	1.0%
SCHW	B	0.89%
TMUS	B	0.88%
AIG	B	0.87%
CI	F	0.87%
C	A	0.81%
FITB	A	0.77%
NWSA	B	0.75%
VST	B	0.74%
CVX	A	0.73%
KO	D	0.72%
GEV	B	0.7%
TTE	F	0.7%
SRE	A	0.68%
MMC	B	0.67%
AEE	A	0.65%
IP	B	0.64%
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%
RPM	A	0.52%
BAX	D	0.5%
HWM	A	0.48%
REXR	F	0.48%
PGR	A	0.48%
AZN	D	0.47%
MAR	B	0.47%
WMB	A	0.46%
CMCSA	B	0.46%
EQT	B	0.46%
MCD	D	0.46%
APO	B	0.46%
TDG	D	0.46%
HBAN	A	0.45%
ARES	A	0.45%
HCA	F	0.45%
PSA	D	0.44%
BLK	C	0.43%
FANG	D	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%
COF	B	0.33%
UAL	A	0.31%
CAT	B	0.3%
VRTX	F	0.29%
CARR	D	0.27%
AXP	A	0.26%
SPGI	C	0.26%
MGM	D	0.24%
ZTS	D	0.23%
CVS	D	0.23%
CME	A	0.23%
MET	A	0.22%
BHP	F	0.2%
DIS	B	0.2%
SNY	F	0.19%
DTE	C	0.17%

TVAL Underweight 160 Positions Relative to SPUS

Symbol	Grade	Weight
NVDA	C	-11.41%
AAPL	C	-11.07%
AMZN	C	-6.03%
GOOGL	C	-3.28%
TSLA	B	-3.02%
AVGO	D	-2.42%
CRM	B	-1.0%
CSCO	B	-0.74%
ADBE	C	-0.7%
PEP	F	-0.69%
NOW	A	-0.67%
ABT	B	-0.64%
ISRG	A	-0.61%
BKNG	A	-0.53%
LOW	D	-0.48%
ETN	A	-0.46%
UBER	D	-0.46%
SYK	C	-0.42%
BSX	B	-0.42%
PANW	C	-0.4%
GILD	C	-0.35%
MDT	D	-0.34%
ANET	C	-0.31%
LRCX	F	-0.29%
NKE	D	-0.28%
PH	A	-0.28%
APH	A	-0.27%
SHW	A	-0.27%
KLAC	D	-0.26%
SNPS	B	-0.26%
CDNS	B	-0.26%
WM	A	-0.25%
EMR	A	-0.24%
CTAS	B	-0.24%
ITW	B	-0.23%
APD	A	-0.23%
CEG	D	-0.23%
ORLY	B	-0.22%
MMM	D	-0.22%
ADSK	A	-0.21%
SLB	C	-0.2%
FCX	D	-0.2%
FTNT	C	-0.19%
ECL	D	-0.19%
JCI	C	-0.18%
NXPI	D	-0.18%
TGT	F	-0.18%
FICO	B	-0.18%
GWW	B	-0.17%
PWR	A	-0.16%
NEM	D	-0.16%
ROST	C	-0.15%
FAST	B	-0.15%
DHI	D	-0.15%
CPRT	A	-0.15%
COR	B	-0.14%
VLO	C	-0.14%
IT	C	-0.13%
ODFL	B	-0.13%
CTVA	C	-0.13%
HES	B	-0.13%
IR	B	-0.13%
EW	C	-0.13%
GLW	B	-0.12%
MNST	C	-0.12%
CTSH	B	-0.12%
GEHC	F	-0.12%
WAB	B	-0.11%
DD	D	-0.11%
IDXX	F	-0.11%
NUE	C	-0.11%
LULU	C	-0.11%
RMD	C	-0.11%
GIS	D	-0.11%
MLM	B	-0.11%
HPQ	B	-0.11%
ANSS	B	-0.1%
DXCM	D	-0.1%
GRMN	B	-0.1%
DECK	A	-0.09%
DOV	A	-0.09%
MPWR	F	-0.09%
CHD	B	-0.09%
PPG	F	-0.09%
ON	D	-0.09%
TSCO	D	-0.09%
CAH	B	-0.09%
EBAY	D	-0.09%
XYL	D	-0.09%
DVN	F	-0.08%
MTD	D	-0.08%
EQR	B	-0.08%
NTAP	C	-0.08%
ADM	D	-0.08%
TYL	B	-0.08%
HSY	F	-0.08%
VLTO	D	-0.08%
FTV	C	-0.08%
PHM	D	-0.08%
CLX	B	-0.07%
STE	F	-0.07%
WAT	B	-0.07%
K	A	-0.07%
PKG	A	-0.07%
WST	C	-0.07%
PTC	A	-0.07%
BIIB	F	-0.07%
HOLX	D	-0.06%
MAA	B	-0.06%
PODD	C	-0.06%
MKC	D	-0.06%
FSLR	F	-0.06%
ZBRA	B	-0.06%
CTRA	B	-0.06%
LH	C	-0.06%
BLDR	D	-0.06%
JBL	B	-0.05%
JBHT	C	-0.05%
EL	F	-0.05%
VRSN	F	-0.05%
ALGN	D	-0.05%
ULTA	F	-0.05%
J	F	-0.05%
EXPD	D	-0.05%
MAS	D	-0.05%
GPC	D	-0.05%
IEX	B	-0.05%
TER	D	-0.05%
BBY	D	-0.05%
TRMB	B	-0.05%
PNR	A	-0.05%
INCY	C	-0.04%
JNPR	F	-0.04%
ALLE	D	-0.04%
CHRW	C	-0.04%
CPT	B	-0.04%
ALB	C	-0.04%
SMCI	F	-0.04%
SWKS	F	-0.04%
AKAM	D	-0.04%
EPAM	C	-0.04%
NDSN	B	-0.04%
POOL	C	-0.04%
ROL	B	-0.04%
APTV	D	-0.04%
FFIV	B	-0.04%
RL	B	-0.03%
MOS	F	-0.03%
ENPH	F	-0.03%
AOS	F	-0.03%
TFX	F	-0.03%
HSIC	B	-0.03%
CRL	C	-0.03%
LKQ	D	-0.03%
PAYC	B	-0.03%
TECH	D	-0.03%
GNRC	B	-0.03%
LW	C	-0.03%
QRVO	F	-0.02%
MHK	D	-0.02%