SPYD vs. TEQI ETF Comparison

Comparison of SPDR S&P 500 High Dividend ETF (SPYD) to T. Rowe Price Equity Income ETF (TEQI)

SPYD

SPDR S&P 500 High Dividend ETF

SPYD Description

The investment seeks to track the performance of the S&P 500 High Dividend Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the top 80 dividend-paying securities listed on the S&P 500® Index, based on dividend yield. The S&P 500 Index focuses on the large capitalization U.S. equity market, including common stock and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.73

Average Daily Volume

872,814

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TEQI

T. Rowe Price Equity Income ETF

TEQI Description

The investment seeks a high level of dividend income and long-term capital growth. The fund will normally invest at least 80% of its assets in common stocks listed in the United States, with an emphasis on large-capitalization stocks that have a strong track record of paying dividends or that are believed to be undervalued (or futures that have similar economic characteristics). It typically employs a value approach in selecting investments. The fund's in-house research team seeks companies that appear to be undervalued by various measures and may be temporarily out of favor but have good prospects for capital appreciation and dividend growth.

Grade (RS Rating)

Last Trade

$43.23

Average Daily Volume

26,680

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

Performance

Period	SPYD	TEQI
30 Days	2.04%	3.09%
60 Days	2.97%	4.07%
90 Days	5.83%	5.51%
12 Months	36.63%	27.01%

22 Overlapping Holdings

Symbol	Grade	Weight in SPYD	Weight in TEQI	Overlap
ABBV	D	1.07%	0.27%	0.27%
BMY	B	1.44%	0.59%	0.59%
CAG	D	1.02%	0.87%	0.87%
CVS	D	1.04%	1.09%	1.04%
CVX	A	1.19%	0.18%	0.18%
D	C	1.26%	1.17%	1.17%
EQR	B	1.2%	1.49%	1.2%
FITB	A	1.31%	0.92%	0.92%
HBAN	A	1.36%	1.22%	1.22%
IP	B	1.42%	1.47%	1.42%
KVUE	A	1.5%	1.68%	1.5%
MS	A	1.5%	0.33%	0.33%
PFE	D	0.94%	0.48%	0.48%
PM	B	1.32%	1.75%	1.32%
SO	D	1.22%	2.29%	1.22%
SWK	D	1.13%	1.62%	1.13%
T	A	1.35%	0.14%	0.14%
UPS	C	1.19%	1.03%	1.03%
USB	A	1.28%	0.99%	0.99%
VTRS	A	1.25%	0.7%	0.7%
VZ	C	1.2%	0.35%	0.35%
WMB	A	1.52%	0.56%	0.56%

SPYD Overweight 58 Positions Relative to TEQI

Symbol	Grade	Weight
K	A	1.61%
OKE	A	1.53%
ETR	B	1.52%
KMI	A	1.48%
MTB	A	1.43%
XEL	A	1.41%
KEY	B	1.39%
SPG	B	1.38%
GILD	C	1.38%
VTR	C	1.36%
KIM	A	1.36%
RF	A	1.36%
PNC	B	1.34%
BXP	D	1.34%
WEC	A	1.34%
PSA	D	1.3%
EVRG	A	1.3%
REG	B	1.3%
MO	A	1.29%
CFG	B	1.27%
IBM	C	1.27%
PNW	B	1.26%
EIX	B	1.26%
MAA	B	1.26%
EXC	C	1.23%
TFC	A	1.22%
IVZ	B	1.22%
UDR	B	1.22%
ESS	B	1.21%
BBY	D	1.21%
FRT	B	1.21%
CPT	B	1.21%
VICI	C	1.2%
HAS	D	1.2%
TROW	B	1.19%
PRU	A	1.18%
DUK	C	1.18%
FE	C	1.17%
AMCR	D	1.16%
AEP	D	1.16%
EXR	D	1.16%
HST	C	1.15%
DOC	D	1.15%
CCI	D	1.13%
O	D	1.13%
ES	D	1.12%
GIS	D	1.1%
FMC	D	1.09%
KHC	F	1.08%
BEN	C	1.08%
ARE	D	1.05%
SJM	D	1.05%
IPG	D	1.05%
LYB	F	0.99%
DOW	F	0.94%
F	C	0.92%
AES	F	0.92%
WBA	F	0.87%

SPYD Underweight 90 Positions Relative to TEQI

Symbol	Grade	Weight
ELV	F	-2.3%
CB	C	-2.08%
MET	A	-2.06%
GE	D	-2.05%
WFC	A	-2.02%
TTE	F	-1.99%
QCOM	F	-1.96%
AIG	B	-1.85%
LHX	C	-1.81%
CF	B	-1.72%
BDX	F	-1.72%
KMB	D	-1.63%
XOM	B	-1.61%
NWSA	B	-1.57%
UNH	C	-1.57%
WY	D	-1.54%
SCHW	B	-1.49%
MSFT	F	-1.48%
ZBH	C	-1.47%
HIG	B	-1.43%
JPM	A	-1.41%
EQH	B	-1.39%
C	A	-1.34%
WMT	A	-1.23%
JNJ	D	-1.17%
CI	F	-1.13%
AMAT	F	-1.13%
FI	A	-1.13%
LVS	C	-1.12%
AEE	A	-1.04%
DIS	B	-1.03%
L	A	-1.01%
MDT	D	-0.98%
TXN	C	-0.97%
BA	F	-0.92%
NEE	D	-0.9%
AZN	D	-0.88%
NXPI	D	-0.87%
LUV	C	-0.84%
TSN	B	-0.83%
SNY	F	-0.83%
ACN	C	-0.8%
SRE	A	-0.77%
RYN	D	-0.76%
CL	D	-0.75%
CMI	A	-0.63%
CMCSA	B	-0.62%
EQT	B	-0.61%
GEV	B	-0.59%
EOG	A	-0.58%
BAC	A	-0.58%
NSC	B	-0.57%
REXR	F	-0.54%
MAT	D	-0.48%
CSX	B	-0.46%
GM	B	-0.41%
MRO	B	-0.4%
TMO	F	-0.37%
COP	C	-0.35%
TJX	A	-0.34%
MRK	F	-0.34%
MMM	D	-0.34%
INTC	D	-0.34%
KSS	F	-0.33%
HON	B	-0.33%
SRCL	C	-0.32%
BKR	B	-0.31%
DG	F	-0.3%
GEHC	F	-0.29%
APO	B	-0.28%
CSCO	B	-0.28%
BIIB	F	-0.27%
NI	A	-0.25%
HES	B	-0.23%
CRM	B	-0.22%
UNP	C	-0.19%
SLB	C	-0.18%
CNC	D	-0.17%
PCG	A	-0.16%
HUM	C	-0.16%
AMD	F	-0.15%
ROK	B	-0.15%
CAH	B	-0.15%
BK	A	-0.15%
HD	A	-0.12%
ATO	A	-0.1%
MDLZ	F	-0.1%
NWS	B	-0.08%
VNO	B	-0.07%
GS	A	-0.04%