FPAG vs. TDVG ETF Comparison

Comparison of FPA Global Equity ETF (FPAG) to T. Rowe Price Dividend Growth ETF (TDVG)

FPAG

FPA Global Equity ETF

FPAG Description

Although the adviser has adopted a policy to invest at least 80% of its assets in equity securities, the adviser expects to invest, under normal circumstances, at least 95% of the fund?s assets in equity securities. The fund invests primarily in publicly traded common stocks of mid- and large-cap U.S. and non-U.S. companies, including companies in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.73

Average Daily Volume

17,612

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TDVG

T. Rowe Price Dividend Growth ETF

TDVG Description

The investment seeks dividend income and long-term capital growth. The fund normally invests at least 80% of the fund's assets in stocks that have a strong track record of paying dividends or are expected to pay dividends over time (even if not currently paying dividends) (or futures that have similar economic characteristics). It primarily invests in exchange-traded securities that trade synchronously with the fund's shares, cash, and cash equivalents. The fund may also invest inADRs and common stocks listed on a foreign exchange that trade on such exchange synchronously with the fund's shares (i.e., during the U.S. listing exchange's trading hours).

Grade (RS Rating)

Last Trade

$38.43

Average Daily Volume

39,942

Number of Holdings ^*

104

* may have additional holdings in another (foreign) market

Performance

Period	FPAG	TDVG
30 Days	6.80%	5.07%
60 Days	3.69%	1.65%
90 Days	8.89%	3.88%
12 Months	29.83%	21.24%

6 Overlapping Holdings

Symbol	Grade	Weight in FPAG	Weight in TDVG	Overlap
ADI	A	5.13%	0.66%	0.66%
AON	D	2.69%	0.37%	0.37%
HWM	B	1.29%	1.03%	1.03%
MAR	D	1.69%	0.3%	0.3%
TEL	A	4.58%	0.83%	0.83%
WFC	A	3.66%	0.78%	0.78%

FPAG Overweight 19 Positions Relative to TDVG

Symbol	Grade	Weight
GOOGL	B	6.38%
META	D	5.35%
C	A	4.88%
CMCSA	D	4.78%
GOOG	B	4.17%
IFF	A	3.84%
AMZN	B	3.39%
AVGO	C	2.26%
NXPI	A	2.21%
KMX	D	1.85%
CHTR	F	1.75%
KMI	A	1.72%
FE	A	1.49%
ICLR	D	1.26%
WAB	A	1.23%
UBER	D	1.16%
NFLX	C	0.66%
BABA	B	0.29%
PCG	B	0.21%

FPAG Underweight 98 Positions Relative to TDVG

Symbol	Grade	Weight
MSFT	C	-6.74%
AAPL	B	-3.59%
V	C	-2.23%
GE	C	-2.17%
JPM	A	-2.05%
CB	C	-1.98%
LLY	C	-1.85%
ACN	D	-1.8%
UNH	B	-1.67%
MMC	B	-1.66%
MCK	A	-1.6%
TMO	B	-1.57%
ROP	D	-1.5%
KLAC	A	-1.37%
LIN	D	-1.36%
XOM	B	-1.34%
HLT	C	-1.33%
ROST	D	-1.33%
HD	D	-1.31%
HON	C	-1.27%
APH	A	-1.24%
AMAT	C	-1.24%
BAC	A	-1.17%
CL	A	-1.16%
BR	D	-1.15%
SYK	D	-1.15%
MDLZ	B	-1.12%
WCN	C	-1.12%
AXP	A	-1.11%
SCHW	A	-1.11%
KO	A	-1.1%
SLB	D	-1.09%
DHR	B	-1.07%
WMT	B	-1.07%
AZN	A	-1.07%
BDX	F	-1.02%
UNP	C	-1.0%
ABBV	D	-0.96%
MCD	D	-0.95%
MS	A	-0.95%
NOC	C	-0.94%
EQR	A	-0.93%
PGR	A	-0.92%
ELV	A	-0.85%
AVY	A	-0.84%
A	B	-0.84%
PEP	B	-0.82%
AMT	D	-0.81%
SHW	D	-0.8%
ZTS	D	-0.78%
EOG	C	-0.74%
HIG	B	-0.73%
ODFL	D	-0.72%
MCHP	C	-0.72%
COP	D	-0.7%
AEE	B	-0.7%
PM	A	-0.7%
TMUS	B	-0.68%
TT	A	-0.68%
TGT	D	-0.62%
KVUE	C	-0.61%
CI	D	-0.6%
EQT	C	-0.6%
GEHC	D	-0.58%
YUM	D	-0.57%
DG	D	-0.57%
CMS	A	-0.57%
CSX	D	-0.55%
COST	A	-0.55%
ADP	C	-0.54%
SWK	D	-0.52%
SPGI	B	-0.5%
OTIS	C	-0.5%
JNJ	D	-0.5%
QCOM	A	-0.49%
GS	A	-0.49%
TXN	A	-0.48%
STZ	C	-0.48%
CMI	A	-0.46%
TSCO	B	-0.46%
ATO	C	-0.45%
JBHT	D	-0.44%
ITW	D	-0.43%
NKE	F	-0.41%
EFX	D	-0.41%
LVS	D	-0.39%
ROK	D	-0.38%
REXR	D	-0.37%
NEE	B	-0.35%
TTC	F	-0.33%
WMB	A	-0.33%
BALL	C	-0.31%
RPM	D	-0.3%
MDT	C	-0.19%
WEC	B	-0.16%
VLTO	A	-0.03%
APD	C	-0.03%
TTE	A	-0.02%