VUSE vs. TVAL ETF Comparison

Comparison of Vident Core US Equity ETF (VUSE) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL)

VUSE

Vident Core US Equity ETF

VUSE Description

The investment seeks to track the price and total return performance, before fees and expenses, of the Vident Core U.S. Equity Index (the "Strategy Index"). Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the Strategy Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Strategy Index construction begins by establishing an initial universe of U.S. equity securities of companies with a market capitalization greater than $500 million and meeting certain minimum liquidity requirements.

Grade (RS Rating)

Last Trade

$61.08

Average Daily Volume

12,197

Number of Holdings ^*

126

* may have additional holdings in another (foreign) market

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

Performance

Period	VUSE	TVAL
30 Days	5.99%	2.98%
60 Days	7.30%	4.22%
90 Days	9.69%	5.88%
12 Months	26.60%	29.14%

28 Overlapping Holdings

Symbol	Grade	Weight in VUSE	Weight in TVAL	Overlap
A	D	0.36%	0.33%	0.33%
ABBV	D	1.01%	0.36%	0.36%
AMAT	F	1.02%	0.38%	0.38%
BAC	A	1.97%	1.89%	1.89%
CAT	B	0.72%	0.3%	0.3%
CMCSA	B	0.13%	0.46%	0.13%
CVX	A	2.02%	0.73%	0.73%
EOG	A	0.43%	0.82%	0.43%
EQH	B	0.66%	1.0%	0.66%
HD	A	2.05%	0.63%	0.63%
JNJ	D	1.76%	1.82%	1.76%
JPM	A	2.09%	1.23%	1.23%
KO	D	1.56%	0.72%	0.72%
LLY	F	0.81%	1.19%	0.81%
MAR	B	1.12%	0.47%	0.47%
MCD	D	0.94%	0.46%	0.46%
META	D	0.97%	0.87%	0.87%
MRK	F	1.49%	0.8%	0.8%
MSFT	F	1.8%	0.65%	0.65%
MSI	B	1.33%	0.34%	0.34%
PG	A	1.2%	0.72%	0.72%
TDG	D	0.52%	0.46%	0.46%
TJX	A	0.93%	0.29%	0.29%
TMUS	B	0.78%	0.88%	0.78%
VST	B	0.5%	0.74%	0.5%
WMT	A	2.06%	1.89%	1.89%
XOM	B	1.89%	2.56%	1.89%
ZTS	D	0.64%	0.23%	0.23%

VUSE Overweight 98 Positions Relative to TVAL

Symbol	Grade	Weight
AMZN	C	2.68%
ORCL	B	2.4%
V	A	2.17%
MA	C	2.08%
AAPL	C	1.87%
NVDA	C	1.84%
AVGO	D	1.72%
BKNG	A	1.54%
NFLX	A	1.44%
CMG	B	1.25%
ECL	D	1.16%
SNPS	B	1.16%
UBER	D	1.11%
T	A	1.1%
RDDT	B	1.04%
ADP	B	1.02%
MO	A	1.0%
SBUX	A	0.98%
GOOGL	C	0.96%
SHW	A	0.93%
POWL	C	0.87%
ADBE	C	0.83%
FTNT	C	0.81%
IDCC	A	0.8%
COST	B	0.78%
EME	C	0.77%
AMP	A	0.75%
IESC	B	0.74%
AYI	B	0.74%
PIPR	B	0.73%
SYK	C	0.73%
ITW	B	0.72%
CORT	B	0.7%
JXN	C	0.69%
KLAC	D	0.69%
FICO	B	0.69%
WDAY	B	0.66%
NOW	A	0.65%
AMR	C	0.64%
CVLT	B	0.64%
EXEL	B	0.63%
PLTR	B	0.6%
EPAC	B	0.6%
CTAS	B	0.59%
NRG	B	0.58%
NYT	C	0.56%
GWW	B	0.56%
FAST	B	0.56%
BOX	B	0.55%
PLMR	B	0.54%
UTHR	C	0.54%
EA	A	0.52%
PAYX	C	0.51%
RMD	C	0.5%
NKE	D	0.5%
ERIE	D	0.5%
LSCC	D	0.5%
ODFL	B	0.5%
IT	C	0.5%
CASH	A	0.48%
YELP	C	0.48%
MSCI	C	0.48%
RMBS	C	0.47%
TREX	C	0.47%
DBRG	F	0.46%
QLYS	C	0.46%
JLL	D	0.46%
PLAB	C	0.46%
MTG	C	0.46%
SHO	C	0.45%
DFIN	D	0.42%
BSX	B	0.41%
JKHY	D	0.41%
MTD	D	0.39%
ANET	C	0.38%
CRUS	D	0.37%
ON	D	0.37%
MANH	D	0.35%
OTTR	C	0.35%
CSL	C	0.35%
CRWD	B	0.31%
DOCU	A	0.29%
HCC	B	0.27%
PANW	C	0.26%
ACLS	F	0.26%
NSSC	D	0.25%
DBX	B	0.24%
BMI	B	0.23%
VRSK	A	0.22%
TRIP	F	0.21%
PINS	D	0.2%
AOS	F	0.19%
MEDP	D	0.18%
APPF	B	0.15%
SPG	B	0.14%
ABNB	C	0.14%
PSTG	D	0.13%
SEIC	B	0.11%

VUSE Underweight 116 Positions Relative to TVAL

Symbol	Grade	Weight
CB	C	-2.23%
HIG	B	-1.96%
UNH	C	-1.9%
ELV	F	-1.81%
WFC	A	-1.77%
SO	D	-1.67%
FI	A	-1.53%
KVUE	A	-1.49%
PM	B	-1.41%
LHX	C	-1.36%
COP	C	-1.25%
AVB	B	-1.22%
GE	D	-1.21%
TMO	F	-1.12%
SWK	D	-1.1%
CMI	A	-1.09%
QCOM	F	-1.08%
BDX	F	-1.01%
GOOG	C	-0.95%
SCHW	B	-0.89%
WY	D	-0.88%
AIG	B	-0.87%
CI	F	-0.87%
ZBH	C	-0.85%
CL	D	-0.84%
C	A	-0.81%
MCK	B	-0.8%
FITB	A	-0.77%
NWSA	B	-0.75%
NSC	B	-0.74%
LIN	D	-0.73%
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%
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%
WMB	A	-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%
FANG	D	-0.43%
MDLZ	F	-0.43%
REGN	F	-0.42%
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%
ADI	D	-0.35%
PLD	D	-0.34%
EFX	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	F	-0.29%
ROP	B	-0.29%
MOH	F	-0.28%
UPS	C	-0.28%
CARR	D	-0.27%
MCHP	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%