AFLG vs. TCAF ETF Comparison

Comparison of Active Factor Large Cap ETF (AFLG) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF)

AFLG

Active Factor Large Cap ETF

AFLG Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The manager defines large capitalization companies as those that, at the time of investment, have a minimum market capitalization equal to or greater than the minimum market capitalization of a widely recognized index of large capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$35.73

Average Daily Volume

35,934

Number of Holdings ^*

247

* may have additional holdings in another (foreign) market

TCAF

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF

TCAF Description

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in equity securities. The fund may purchase the stocks of companies of any size, but typically focuses on large U.S. companies. The fund may at times invest significantly in certain sectors, including the information technology and healthcare sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.89

Average Daily Volume

565,915

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AFLG	TCAF
30 Days	4.50%	1.74%
60 Days	5.60%	2.92%
90 Days	7.89%	3.99%
12 Months	37.65%	28.41%

30 Overlapping Holdings

Symbol	Grade	Weight in AFLG	Weight in TCAF	Overlap
AAPL	C	6.85%	5.34%	5.34%
ABBV	D	0.85%	0.67%	0.67%
ACN	C	0.22%	0.25%	0.22%
AMZN	C	1.8%	4.51%	1.8%
APH	A	0.6%	0.04%	0.04%
AVGO	D	1.38%	1.39%	1.38%
BKNG	A	0.29%	0.34%	0.29%
CDNS	B	0.05%	0.12%	0.05%
CME	A	0.23%	0.24%	0.23%
CMG	B	0.32%	0.16%	0.16%
CRM	B	0.62%	1.63%	0.62%
ELV	F	0.72%	0.67%	0.67%
GOOGL	C	2.07%	3.12%	2.07%
HLT	A	0.35%	0.92%	0.35%
HUM	C	0.16%	0.55%	0.16%
ICE	C	0.4%	1.06%	0.4%
KLAC	D	0.11%	0.12%	0.11%
LLY	F	0.46%	1.5%	0.46%
MA	C	0.21%	1.53%	0.21%
MCK	B	0.52%	1.05%	0.52%
META	D	1.84%	2.3%	1.84%
MSFT	F	4.59%	8.23%	4.59%
NVDA	C	5.38%	6.12%	5.38%
NXPI	D	0.05%	0.53%	0.05%
SPGI	C	0.08%	0.2%	0.08%
SYK	C	0.15%	0.15%	0.15%
TT	A	0.49%	0.05%	0.05%
UNH	C	0.28%	2.95%	0.28%
V	A	0.3%	1.44%	0.3%
WTW	B	0.05%	0.21%	0.05%

AFLG Overweight 217 Positions Relative to TCAF

Symbol	Grade	Weight
BRK.A	B	1.55%
VST	B	1.18%
APP	B	1.13%
HIG	B	1.09%
QCOM	F	0.95%
MO	A	0.95%
UHS	D	0.93%
COST	B	0.9%
RL	B	0.83%
NFLX	A	0.82%
FICO	B	0.81%
PG	A	0.81%
NRG	B	0.8%
AFL	B	0.75%
BK	A	0.73%
PGR	A	0.73%
XOM	B	0.73%
JNJ	D	0.71%
CTAS	B	0.71%
EME	C	0.68%
RS	B	0.67%
BSX	B	0.66%
MRK	F	0.64%
SNA	A	0.63%
CEG	D	0.62%
GILD	C	0.62%
NTAP	C	0.62%
FFIV	B	0.6%
BMY	B	0.59%
COR	B	0.58%
SPG	B	0.58%
CAT	B	0.58%
WMT	A	0.58%
CL	D	0.57%
MMM	D	0.56%
CMCSA	B	0.56%
ETN	A	0.56%
FOXA	B	0.55%
ECL	D	0.54%
PEG	A	0.54%
GDDY	A	0.53%
PHM	D	0.53%
FE	C	0.52%
MAS	D	0.52%
CMI	A	0.51%
HPQ	B	0.5%
KR	B	0.49%
BBY	D	0.48%
CTSH	B	0.47%
MAA	B	0.47%
NVR	D	0.47%
STLD	B	0.47%
VZ	C	0.46%
CSCO	B	0.45%
TPR	B	0.44%
HWM	A	0.44%
CVX	A	0.43%
IBM	C	0.43%
GRMN	B	0.42%
VICI	C	0.42%
PCAR	B	0.41%
CSL	C	0.41%
CNA	B	0.41%
AXP	A	0.41%
AOS	F	0.4%
GLPI	C	0.4%
HST	C	0.39%
WAB	B	0.39%
MSI	B	0.39%
CF	B	0.39%
NUE	C	0.39%
RHI	B	0.38%
FIS	C	0.37%
AMAT	F	0.37%
TJX	A	0.37%
IBKR	A	0.37%
LMT	D	0.36%
CBOE	B	0.36%
OC	A	0.36%
HSIC	B	0.36%
TMUS	B	0.35%
PKG	A	0.35%
PM	B	0.34%
TRGP	B	0.34%
BLDR	D	0.34%
LOW	D	0.33%
DHI	D	0.33%
LEN	D	0.33%
KO	D	0.33%
IP	B	0.33%
WELL	A	0.32%
ADBE	C	0.31%
DVN	F	0.3%
OGN	D	0.3%
WSM	B	0.3%
BRO	B	0.3%
VLO	C	0.3%
EA	A	0.3%
SYF	B	0.29%
AIG	B	0.28%
EVRG	A	0.28%
DECK	A	0.28%
WU	D	0.28%
RF	A	0.28%
VSCO	B	0.27%
CFG	B	0.27%
MANH	D	0.26%
SOLV	C	0.26%
MTCH	D	0.26%
ED	D	0.25%
LII	A	0.25%
ZM	B	0.25%
INCY	C	0.25%
PH	A	0.24%
ERIE	D	0.24%
FDX	B	0.24%
ALNY	D	0.23%
BAH	F	0.22%
EXPE	B	0.22%
EIX	B	0.22%
WPC	D	0.21%
VTR	C	0.21%
VRSN	F	0.21%
KEYS	A	0.21%
SWKS	F	0.21%
SHW	A	0.2%
TROW	B	0.2%
GWW	B	0.2%
JBL	B	0.19%
PPG	F	0.19%
NWSA	B	0.19%
CNC	D	0.19%
CVS	D	0.18%
L	A	0.18%
T	A	0.18%
AZO	C	0.18%
ACGL	D	0.18%
BEN	C	0.17%
LKQ	D	0.17%
GE	D	0.16%
AMP	A	0.16%
LDOS	C	0.16%
TOL	B	0.16%
GL	B	0.16%
EG	C	0.15%
VRT	B	0.15%
ULTA	F	0.15%
CPT	B	0.15%
AIZ	A	0.15%
CI	F	0.15%
DELL	C	0.14%
IT	C	0.13%
SO	D	0.13%
BBWI	D	0.13%
ANET	C	0.13%
RPM	A	0.12%
FI	A	0.12%
MPC	D	0.12%
KHC	F	0.11%
CAH	B	0.11%
SCCO	F	0.11%
EQR	B	0.1%
LH	C	0.1%
VTRS	A	0.1%
RMD	C	0.1%
GEN	B	0.1%
EBAY	D	0.1%
PSX	C	0.09%
DXC	B	0.09%
J	F	0.09%
PRU	A	0.09%
CRBG	B	0.09%
MOH	F	0.09%
SSNC	B	0.09%
ETSY	D	0.09%
ALL	A	0.08%
TPL	A	0.08%
TXT	D	0.08%
LYB	F	0.07%
IPG	D	0.07%
CVNA	B	0.07%
DINO	D	0.06%
ROL	B	0.06%
SNPS	B	0.06%
ADM	D	0.06%
WSO	A	0.06%
DASH	A	0.06%
BG	F	0.06%
ZION	B	0.06%
ORLY	B	0.06%
PPL	B	0.05%
UTHR	C	0.05%
UDR	B	0.05%
DPZ	C	0.05%
ESS	B	0.05%
AVB	B	0.05%
MCO	B	0.05%
KMB	D	0.05%
PSA	D	0.05%
QRVO	F	0.05%
STT	A	0.05%
EPAM	C	0.05%
BWA	D	0.04%
WBA	F	0.04%
PINS	D	0.04%
AMCR	D	0.04%
PFG	D	0.04%
HOLX	D	0.04%
ROST	C	0.04%
MET	A	0.04%
DKS	C	0.04%
IVZ	B	0.04%
MOS	F	0.03%
CDW	F	0.03%
ALLE	D	0.01%
EQH	B	0.0%
TDG	D	0.0%

AFLG Underweight 63 Positions Relative to TCAF

Symbol	Grade	Weight
FTV	C	-2.71%
DHR	F	-2.63%
BDX	F	-2.48%
RVTY	F	-2.44%
AEE	A	-1.91%
ROP	B	-1.74%
PTC	A	-1.67%
WCN	A	-1.64%
INTU	C	-1.55%
CNP	B	-1.49%
VLTO	D	-1.49%
RTX	C	-1.47%
DTE	C	-1.31%
LIN	D	-1.24%
ABT	B	-1.24%
MLM	B	-1.2%
IR	B	-1.19%
NOC	D	-1.18%
NI	A	-1.09%
YUM	B	-1.04%
AMD	F	-1.02%
MMC	B	-0.98%
ADSK	A	-0.95%
TMO	F	-0.93%
CMS	C	-0.82%
MCD	D	-0.78%
TDY	B	-0.71%
AMT	D	-0.7%
SCI	B	-0.68%
AVTR	F	-0.67%
AJG	B	-0.62%
SBAC	D	-0.55%
GEHC	F	-0.54%
BIIB	F	-0.53%
KKR	A	-0.49%
KDP	D	-0.46%
RSG	A	-0.44%
AUR	C	-0.41%
SBUX	A	-0.38%
NKE	D	-0.36%
EXC	C	-0.34%
IEX	B	-0.33%
LRCX	F	-0.32%
ANSS	B	-0.32%
CSX	B	-0.28%
MAR	B	-0.28%
ARGX	A	-0.26%
DLTR	F	-0.25%
AME	A	-0.2%
MS	A	-0.2%
SLB	C	-0.15%
MSCI	C	-0.14%
DIS	B	-0.14%
LNT	A	-0.12%
WEC	A	-0.12%
XEL	A	-0.11%
VMC	B	-0.11%
TW	A	-0.1%
INFA	D	-0.1%
GS	A	-0.1%
PNC	B	-0.1%
BA	F	-0.09%
TYL	B	-0.06%