EFIV vs. TVAL ETF Comparison

Comparison of SPDR S&P 500 ESG ETF (EFIV) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL)

EFIV

SPDR S&P 500 ESG ETF

EFIV Description

• Seeks to provide investment results that, before fees and expenses, correspond generally to the S&P 500 ESG Index • EFIV is designed to track an index that is designed to select S&P 500 firms meeting certain sustainability criteria (criteria related to environmental, social and governance factors) while maintaining similar overall industry group weights as the S&P 500 Index • EFIV may serve as a potential ESG core exposure, based on its focus on sustainability criteria and comprehensive market coverage of the flagship core S&P 500 Index

Grade (RS Rating)

Last Trade

$57.77

Average Daily Volume

109,257

Number of Holdings ^*

313

* 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	EFIV	TVAL
30 Days	2.81%	2.98%
60 Days	4.79%	4.22%
90 Days	5.59%	5.88%
12 Months	30.64%	29.14%

93 Overlapping Holdings

Symbol	Grade	Weight in EFIV	Weight in TVAL	Overlap
A	D	0.11%	0.33%	0.11%
ABBV	D	0.84%	0.36%	0.36%
ACN	C	0.65%	0.7%	0.65%
AIG	B	0.14%	0.87%	0.14%
ALL	A	0.15%	0.39%	0.15%
AMAT	F	0.42%	0.38%	0.38%
AMD	F	0.63%	0.22%	0.22%
AME	A	0.13%	0.31%	0.13%
AVB	B	0.09%	1.22%	0.09%
AVY	D	0.05%	0.19%	0.05%
AXP	A	0.45%	0.26%	0.26%
BAC	A	0.86%	1.89%	0.86%
BAX	D	0.05%	0.5%	0.05%
BDX	F	0.19%	1.01%	0.19%
BKR	B	0.12%	0.35%	0.12%
BLK	C	0.4%	0.43%	0.4%
C	A	0.37%	0.81%	0.37%
CAG	D	0.04%	0.4%	0.04%
CARR	D	0.18%	0.27%	0.18%
CAT	B	0.52%	0.3%	0.3%
CB	C	0.3%	2.23%	0.3%
CF	B	0.04%	0.52%	0.04%
CI	F	0.26%	0.87%	0.26%
CL	D	0.21%	0.84%	0.21%
CMCSA	B	0.47%	0.46%	0.46%
CME	A	0.23%	0.23%	0.23%
CMI	A	0.14%	1.09%	0.14%
COF	B	0.2%	0.33%	0.2%
CPAY	A	0.07%	0.42%	0.07%
CSX	B	0.2%	0.49%	0.2%
CVS	D	0.19%	0.23%	0.19%
CVX	A	0.75%	0.73%	0.73%
DHR	F	0.43%	0.65%	0.43%
DIS	B	0.52%	0.2%	0.2%
ELV	F	0.27%	1.81%	0.27%
EQIX	A	0.24%	0.16%	0.16%
EQT	B	0.07%	0.46%	0.07%
FANG	D	0.09%	0.43%	0.09%
FI	A	0.34%	1.53%	0.34%
FITB	A	0.09%	0.77%	0.09%
GE	D	0.55%	1.21%	0.55%
GOOG	C	2.42%	0.95%	0.95%
HAL	C	0.07%	0.22%	0.07%
HBAN	A	0.07%	0.45%	0.07%
HD	A	1.13%	0.63%	0.63%
HIG	B	0.1%	1.96%	0.1%
HUBB	B	0.07%	0.7%	0.07%
JPM	A	1.91%	1.23%	1.23%
KDP	D	0.11%	0.4%	0.11%
KO	D	0.68%	0.72%	0.68%
LIN	D	0.61%	0.73%	0.61%
LLY	F	1.79%	1.19%	1.19%
LVS	C	0.05%	0.41%	0.05%
MAR	B	0.19%	0.47%	0.19%
MCD	D	0.59%	0.46%	0.46%
MDLZ	F	0.25%	0.43%	0.25%
MET	A	0.13%	0.22%	0.13%
MGM	D	0.02%	0.24%	0.02%
MMC	B	0.31%	0.67%	0.31%
MRK	F	0.7%	0.8%	0.7%
MS	A	0.46%	0.56%	0.46%
MSFT	F	8.8%	0.65%	0.65%
MU	D	0.31%	0.45%	0.31%
NEE	D	0.42%	0.59%	0.42%
NSC	B	0.17%	0.74%	0.17%
NWSA	B	0.03%	0.75%	0.03%
OTIS	C	0.11%	0.3%	0.11%
PG	A	1.09%	0.72%	0.72%
PLD	D	0.3%	0.34%	0.3%
PSA	D	0.15%	0.44%	0.15%
QCOM	F	0.5%	1.08%	0.5%
REGN	F	0.24%	0.42%	0.24%
ROK	B	0.09%	0.52%	0.09%
RSG	A	0.12%	0.62%	0.12%
SCHW	B	0.33%	0.89%	0.33%
SPGI	C	0.45%	0.26%	0.26%
SRE	A	0.16%	0.68%	0.16%
SWK	D	0.04%	1.1%	0.04%
TJX	A	0.38%	0.29%	0.29%
TMUS	B	0.33%	0.88%	0.33%
TT	A	0.26%	0.31%	0.26%
UNH	C	1.56%	1.9%	1.56%
UNP	C	0.41%	0.42%	0.41%
UPS	C	0.27%	0.28%	0.27%
USB	A	0.22%	0.56%	0.22%
WDC	D	0.06%	0.6%	0.06%
WMB	A	0.19%	0.46%	0.19%
WMT	A	1.03%	1.89%	1.03%
WY	D	0.06%	0.88%	0.06%
XOM	B	1.5%	2.56%	1.5%
YUM	B	0.11%	0.36%	0.11%
ZBH	C	0.06%	0.85%	0.06%
ZTS	D	0.22%	0.23%	0.22%

EFIV Overweight 220 Positions Relative to TVAL

Symbol	Grade	Weight
NVDA	C	10.02%
AAPL	C	9.53%
GOOGL	C	2.92%
TSLA	B	2.55%
V	A	1.44%
MA	C	1.2%
COST	B	1.15%
CRM	B	0.92%
ADBE	C	0.66%
CSCO	B	0.66%
PEP	F	0.63%
ABT	B	0.56%
GS	A	0.52%
T	A	0.45%
AMGN	D	0.45%
LOW	D	0.43%
UBER	D	0.42%
ETN	A	0.41%
SYK	C	0.37%
BSX	B	0.36%
ADP	B	0.35%
BMY	B	0.33%
SBUX	A	0.32%
GILD	C	0.32%
MDT	D	0.31%
INTC	D	0.3%
DE	A	0.28%
LRCX	F	0.27%
NKE	D	0.26%
PYPL	B	0.25%
ICE	C	0.25%
SHW	A	0.25%
PH	A	0.25%
AMT	D	0.25%
KLAC	D	0.24%
CMG	B	0.23%
WM	A	0.23%
PNC	B	0.23%
AON	A	0.23%
WELL	A	0.22%
ITW	B	0.21%
EMR	A	0.21%
MCO	B	0.21%
CTAS	B	0.21%
TGT	F	0.2%
ADSK	A	0.19%
APD	A	0.19%
ECL	D	0.18%
OKE	A	0.18%
GM	B	0.18%
AJG	B	0.18%
PCAR	B	0.17%
SLB	C	0.17%
FCX	D	0.17%
HLT	A	0.17%
TFC	A	0.17%
AFL	B	0.16%
BK	A	0.16%
JCI	C	0.16%
URI	B	0.16%
TRV	B	0.16%
GWW	B	0.15%
MPC	D	0.15%
PSX	C	0.15%
DLR	B	0.15%
AMP	A	0.15%
RCL	A	0.15%
FIS	C	0.14%
MSCI	C	0.14%
KMI	A	0.14%
PAYX	C	0.13%
ROST	C	0.13%
NEM	D	0.13%
DHI	D	0.13%
PWR	A	0.13%
DAL	C	0.12%
IR	B	0.12%
TRGP	B	0.12%
PEG	A	0.12%
COR	B	0.12%
AXON	A	0.12%
DFS	B	0.12%
VLO	C	0.12%
PRU	A	0.12%
SYY	B	0.11%
ACGL	D	0.11%
EXC	C	0.11%
EA	A	0.11%
KR	B	0.11%
HES	B	0.11%
CTVA	C	0.11%
EW	C	0.11%
CBRE	B	0.11%
VRSK	A	0.11%
OXY	D	0.1%
RMD	C	0.1%
WAB	B	0.1%
EXR	D	0.1%
HUM	C	0.1%
MTB	A	0.1%
IDXX	F	0.1%
HPQ	B	0.1%
GIS	D	0.1%
LULU	C	0.1%
CNC	D	0.09%
CAH	B	0.09%
CSGP	D	0.09%
DOW	F	0.09%
ETR	B	0.09%
EIX	B	0.09%
WTW	B	0.09%
ED	D	0.09%
NDAQ	A	0.09%
IRM	D	0.09%
DECK	A	0.08%
HSY	F	0.08%
DOV	A	0.08%
KHC	F	0.08%
STT	A	0.08%
HPE	B	0.08%
PPG	F	0.08%
ON	D	0.08%
TTWO	A	0.08%
GPN	B	0.08%
RJF	A	0.08%
XYL	D	0.08%
EBAY	D	0.08%
TSCO	D	0.08%
RF	A	0.07%
BIIB	F	0.07%
DVN	F	0.07%
CCL	B	0.07%
ADM	D	0.07%
SW	A	0.07%
EQR	B	0.07%
SYF	B	0.07%
MTD	D	0.07%
AWK	D	0.07%
PHM	D	0.07%
BR	A	0.07%
TROW	B	0.07%
VTR	C	0.07%
FTV	C	0.07%
OMC	C	0.06%
CBOE	B	0.06%
CFG	B	0.06%
NTRS	A	0.06%
LYB	F	0.06%
ES	D	0.06%
K	A	0.06%
EXPE	B	0.06%
IFF	D	0.06%
WAT	B	0.06%
SBAC	D	0.06%
KIM	A	0.05%
ARE	D	0.05%
GPC	D	0.05%
MAS	D	0.05%
PNR	A	0.05%
KEY	B	0.05%
IEX	B	0.05%
BBY	D	0.05%
TSN	B	0.05%
DGX	A	0.05%
FDS	B	0.05%
HOLX	D	0.05%
PFG	D	0.05%
ULTA	F	0.05%
BALL	D	0.05%
MKC	D	0.05%
JKHY	D	0.04%
ALB	C	0.04%
INCY	C	0.04%
POOL	C	0.04%
CHRW	C	0.04%
AKAM	D	0.04%
UDR	B	0.04%
MRNA	F	0.04%
AMCR	D	0.04%
EL	F	0.04%
RVTY	F	0.04%
APTV	D	0.04%
JBHT	C	0.04%
DOC	D	0.04%
EG	C	0.04%
TFX	F	0.03%
GL	B	0.03%
MKTX	D	0.03%
LKQ	D	0.03%
CRL	C	0.03%
IPG	D	0.03%
AIZ	A	0.03%
TAP	C	0.03%
LW	C	0.03%
BXP	D	0.03%
SJM	D	0.03%
TPR	B	0.03%
NCLH	B	0.03%
REG	B	0.03%
KMX	B	0.03%
ALLE	D	0.03%
DAY	B	0.03%
HST	C	0.03%
WBA	F	0.02%
PARA	C	0.02%
BEN	C	0.02%
FMC	D	0.02%
DVA	B	0.02%
MHK	D	0.02%
BWA	D	0.02%
IVZ	B	0.02%
WYNN	D	0.02%
RL	B	0.02%
HAS	D	0.02%
MOS	F	0.02%
CZR	F	0.02%
FRT	B	0.02%
CPB	D	0.02%
HRL	D	0.02%
NWS	B	0.01%

EFIV Underweight 51 Positions Relative to TVAL

Symbol	Grade	Weight
JNJ	D	-1.82%
WFC	A	-1.77%
SO	D	-1.67%
KVUE	A	-1.49%
PM	B	-1.41%
LHX	C	-1.36%
COP	C	-1.25%
TMO	F	-1.12%
EQH	B	-1.0%
META	D	-0.87%
EOG	A	-0.82%
MCK	B	-0.8%
VST	B	-0.74%
TXN	C	-0.7%
GEV	B	-0.7%
TTE	F	-0.7%
HON	B	-0.68%
KMB	D	-0.66%
AEE	A	-0.65%
IP	B	-0.64%
VZ	C	-0.58%
BA	F	-0.56%
D	C	-0.55%
AZO	C	-0.52%
RPM	A	-0.52%
HWM	A	-0.48%
REXR	F	-0.48%
PGR	A	-0.48%
AZN	D	-0.47%
APO	B	-0.46%
TDG	D	-0.46%
ARES	A	-0.45%
HCA	F	-0.45%
LEN	D	-0.42%
LAMR	D	-0.4%
TSM	B	-0.39%
KEYS	A	-0.35%
ADI	D	-0.35%
MSI	B	-0.34%
EFX	F	-0.33%
STLD	B	-0.32%
UAL	A	-0.31%
VRTX	F	-0.29%
ROP	B	-0.29%
MOH	F	-0.28%
MCHP	D	-0.27%
CDW	F	-0.25%
VMC	B	-0.22%
BHP	F	-0.2%
SNY	F	-0.19%
DTE	C	-0.17%