JPEF vs. TCAF ETF Comparison

Comparison of JPMorgan Equity Focus ETF (JPEF) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF)

JPEF

JPMorgan Equity Focus ETF

JPEF Description

Under normal circumstances, the fund invests at least 80% of its assets in equity securities. "Assets" means net assets, plus the amount of borrowings for investment purposes. In implementing its main strategies, the fund invests primarily in common stocks and real estate investment trusts (REITs), but it may also invest up to 20% of its total assets in common stocks of foreign companies, including depositary receipts.

Grade (RS Rating)

Last Trade

$68.39

Average Daily Volume

91,509

Number of Holdings ^*

* 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

$33.85

Average Daily Volume

559,388

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JPEF	TCAF
30 Days	1.94%	0.89%
60 Days	4.75%	3.04%
90 Days	6.25%	3.87%
12 Months	36.40%	28.26%

17 Overlapping Holdings

Symbol	Grade	Weight in JPEF	Weight in TCAF	Overlap
AAPL	C	3.5%	5.34%	3.5%
AMZN	C	5.88%	4.51%	4.51%
AVGO	D	2.83%	1.39%	1.39%
BKNG	A	1.43%	0.34%	0.34%
INTU	B	2.01%	1.55%	1.55%
LLY	F	1.66%	1.5%	1.5%
LRCX	F	0.42%	0.32%	0.32%
MA	B	2.44%	1.53%	1.53%
MCD	D	2.26%	0.78%	0.78%
META	D	4.52%	2.3%	2.3%
MLM	C	1.37%	1.2%	1.2%
MS	A	2.3%	0.2%	0.2%
MSFT	D	6.29%	8.23%	6.29%
NVDA	B	6.36%	6.12%	6.12%
TMO	F	1.21%	0.93%	0.93%
TT	A	2.54%	0.05%	0.05%
UNH	B	2.15%	2.95%	2.15%

JPEF Overweight 23 Positions Relative to TCAF

Symbol	Grade	Weight
KMI	A	3.38%
COF	C	3.15%
BRK.A	B	2.96%
EOG	A	2.87%
L	A	2.79%
MTB	A	2.77%
BAC	A	2.51%
PG	C	2.43%
PANW	B	2.15%
HON	C	2.13%
PSA	C	2.13%
HD	B	2.11%
GOOG	C	2.06%
NEE	C	2.05%
PWR	A	1.81%
REG	A	1.79%
ADI	D	1.7%
ISRG	A	1.6%
REGN	F	1.54%
PKG	A	1.49%
TJX	A	1.21%
EL	F	0.94%
JBHT	C	0.89%

JPEF Underweight 76 Positions Relative to TCAF

Symbol	Grade	Weight
GOOGL	C	-3.12%
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	B	-1.67%
WCN	A	-1.64%
CRM	B	-1.63%
CNP	A	-1.49%
VLTO	C	-1.49%
RTX	D	-1.47%
V	A	-1.44%
DTE	C	-1.31%
LIN	C	-1.24%
ABT	B	-1.24%
IR	B	-1.19%
NOC	D	-1.18%
NI	A	-1.09%
ICE	C	-1.06%
MCK	A	-1.05%
YUM	D	-1.04%
AMD	F	-1.02%
MMC	B	-0.98%
ADSK	A	-0.95%
HLT	A	-0.92%
CMS	C	-0.82%
TDY	B	-0.71%
AMT	C	-0.7%
SCI	B	-0.68%
AVTR	F	-0.67%
ELV	F	-0.67%
ABBV	F	-0.67%
AJG	A	-0.62%
HUM	C	-0.55%
SBAC	D	-0.55%
GEHC	D	-0.54%
NXPI	D	-0.53%
BIIB	F	-0.53%
KKR	A	-0.49%
KDP	F	-0.46%
RSG	A	-0.44%
AUR	C	-0.41%
SBUX	A	-0.38%
NKE	F	-0.36%
EXC	C	-0.34%
IEX	C	-0.33%
ANSS	B	-0.32%
CSX	C	-0.28%
MAR	A	-0.28%
ARGX	B	-0.26%
DLTR	F	-0.25%
ACN	B	-0.25%
CME	B	-0.24%
WTW	B	-0.21%
AME	A	-0.2%
SPGI	C	-0.2%
CMG	B	-0.16%
SYK	B	-0.15%
SLB	C	-0.15%
MSCI	C	-0.14%
DIS	B	-0.14%
CDNS	B	-0.12%
LNT	A	-0.12%
KLAC	F	-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%
APH	A	-0.04%