TCAF vs. IOO ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF) to iShares Global 100 ETF (IOO)

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

IOO

iShares Global 100 ETF

IOO Description

The investment seeks to track the investment results of an index composed of 100 large-capitalization global equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global 100TM (the "underlying index"), which is designed to measure the performance of 100 large-capitalization global companies.

Grade (RS Rating)

Last Trade

$99.08

Average Daily Volume

174,064

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TCAF	IOO
30 Days	1.74%	-0.58%
60 Days	2.92%	1.05%
90 Days	3.99%	0.63%
12 Months	28.41%	27.79%

19 Overlapping Holdings

Symbol	Grade	Weight in TCAF	Weight in IOO	Overlap
AAPL	C	5.34%	12.02%	5.34%
ABT	B	1.24%	0.71%	0.71%
ACN	C	0.25%	0.78%	0.25%
AMT	D	0.7%	0.32%	0.32%
AMZN	C	4.51%	6.65%	4.51%
AVGO	D	1.39%	2.7%	1.39%
GOOGL	C	3.12%	3.55%	3.12%
GS	A	0.1%	0.66%	0.1%
LIN	D	1.24%	0.76%	0.76%
LLY	F	1.5%	2.07%	1.5%
MA	C	1.53%	1.51%	1.51%
MCD	D	0.78%	0.74%	0.74%
MMC	B	0.98%	0.38%	0.38%
MS	A	0.2%	0.59%	0.2%
MSFT	F	8.23%	10.84%	8.23%
NKE	D	0.36%	0.32%	0.32%
NVDA	C	6.12%	12.27%	6.12%
RTX	C	1.47%	0.55%	0.55%
TMO	F	0.93%	0.69%	0.69%

TCAF Overweight 74 Positions Relative to IOO

Symbol	Grade	Weight
UNH	C	2.95%
FTV	C	2.71%
DHR	F	2.63%
BDX	F	2.48%
RVTY	F	2.44%
META	D	2.3%
AEE	A	1.91%
ROP	B	1.74%
PTC	A	1.67%
WCN	A	1.64%
CRM	B	1.63%
INTU	C	1.55%
CNP	B	1.49%
VLTO	D	1.49%
V	A	1.44%
DTE	C	1.31%
MLM	B	1.2%
IR	B	1.19%
NOC	D	1.18%
NI	A	1.09%
ICE	C	1.06%
MCK	B	1.05%
YUM	B	1.04%
AMD	F	1.02%
ADSK	A	0.95%
HLT	A	0.92%
CMS	C	0.82%
TDY	B	0.71%
SCI	B	0.68%
AVTR	F	0.67%
ELV	F	0.67%
ABBV	D	0.67%
AJG	B	0.62%
HUM	C	0.55%
SBAC	D	0.55%
GEHC	F	0.54%
NXPI	D	0.53%
BIIB	F	0.53%
KKR	A	0.49%
KDP	D	0.46%
RSG	A	0.44%
AUR	C	0.41%
SBUX	A	0.38%
EXC	C	0.34%
BKNG	A	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%
CME	A	0.24%
WTW	B	0.21%
AME	A	0.2%
SPGI	C	0.2%
CMG	B	0.16%
SYK	C	0.15%
SLB	C	0.15%
MSCI	C	0.14%
DIS	B	0.14%
CDNS	B	0.12%
LNT	A	0.12%
KLAC	D	0.12%
WEC	A	0.12%
XEL	A	0.11%
VMC	B	0.11%
TW	A	0.1%
INFA	D	0.1%
PNC	B	0.1%
BA	F	0.09%
TYL	B	0.06%
TT	A	0.05%
APH	A	0.04%

TCAF Underweight 35 Positions Relative to IOO

Symbol	Grade	Weight
GOOG	C	-2.93%
JPM	A	-2.45%
XOM	B	-1.87%
PG	A	-1.4%
JNJ	D	-1.3%
WMT	A	-1.29%
CVX	A	-0.97%
MRK	F	-0.86%
KO	D	-0.84%
CSCO	B	-0.81%
PEP	F	-0.77%
TM	D	-0.76%
PM	B	-0.7%
GE	D	-0.67%
IBM	C	-0.66%
TXN	C	-0.65%
CAT	B	-0.65%
QCOM	F	-0.63%
HON	B	-0.52%
MUFG	B	-0.51%
PFE	D	-0.5%
C	A	-0.47%
SONY	B	-0.41%
BMY	B	-0.4%
INTC	D	-0.31%
AON	A	-0.29%
CL	D	-0.27%
EMR	A	-0.26%
MMM	D	-0.25%
JCI	C	-0.2%
F	C	-0.16%
KMB	D	-0.16%
HMC	F	-0.15%
HPQ	B	-0.13%
DD	D	-0.13%