TCAF vs. MGV ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF) to Vanguard Mega Cap Value ETF (MGV)

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

MGV

Vanguard Mega Cap Value ETF

MGV Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Value Index, which represents the value companies of the CRSP US Mega Cap Index. The index is a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization value stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$132.26

Average Daily Volume

225,298

Number of Holdings ^*

135

* may have additional holdings in another (foreign) market

Performance

Period	TCAF	MGV
30 Days	1.74%	2.46%
60 Days	2.92%	3.73%
90 Days	3.99%	5.92%
12 Months	28.41%	30.27%

30 Overlapping Holdings

Symbol	Grade	Weight in TCAF	Weight in MGV	Overlap
ABBV	D	0.67%	2.12%	0.67%
ABT	B	1.24%	1.16%	1.16%
ACN	C	0.25%	0.64%	0.25%
AVGO	D	1.39%	2.33%	1.39%
BDX	F	2.48%	0.4%	0.4%
CME	A	0.24%	0.48%	0.24%
CSX	B	0.28%	0.38%	0.28%
DHR	F	2.63%	0.94%	0.94%
DIS	B	0.14%	0.51%	0.14%
ELV	F	0.67%	0.55%	0.55%
GS	A	0.1%	0.96%	0.1%
HUM	C	0.55%	0.18%	0.18%
ICE	C	1.06%	0.53%	0.53%
KDP	D	0.46%	0.21%	0.21%
KKR	A	0.49%	0.54%	0.49%
LIN	D	1.24%	0.64%	0.64%
MCK	B	1.05%	0.38%	0.38%
MMC	B	0.98%	0.63%	0.63%
MS	A	0.2%	0.83%	0.2%
NKE	D	0.36%	0.27%	0.27%
NOC	D	1.18%	0.44%	0.44%
PNC	B	0.1%	0.36%	0.1%
ROP	B	1.74%	0.34%	0.34%
RSG	A	0.44%	0.24%	0.24%
RTX	C	1.47%	0.95%	0.95%
SLB	C	0.15%	0.17%	0.15%
SYK	C	0.15%	0.36%	0.15%
TMO	F	0.93%	1.23%	0.93%
TT	A	0.05%	0.49%	0.05%
UNH	C	2.95%	3.07%	2.95%

TCAF Overweight 63 Positions Relative to MGV

Symbol	Grade	Weight
MSFT	F	8.23%
NVDA	C	6.12%
AAPL	C	5.34%
AMZN	C	4.51%
GOOGL	C	3.12%
FTV	C	2.71%
RVTY	F	2.44%
META	D	2.3%
AEE	A	1.91%
PTC	A	1.67%
WCN	A	1.64%
CRM	B	1.63%
INTU	C	1.55%
MA	C	1.53%
LLY	F	1.5%
CNP	B	1.49%
VLTO	D	1.49%
V	A	1.44%
DTE	C	1.31%
MLM	B	1.2%
IR	B	1.19%
NI	A	1.09%
YUM	B	1.04%
AMD	F	1.02%
ADSK	A	0.95%
HLT	A	0.92%
CMS	C	0.82%
MCD	D	0.78%
TDY	B	0.71%
AMT	D	0.7%
SCI	B	0.68%
AVTR	F	0.67%
AJG	B	0.62%
SBAC	D	0.55%
GEHC	F	0.54%
NXPI	D	0.53%
BIIB	F	0.53%
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%
MAR	B	0.28%
ARGX	A	0.26%
DLTR	F	0.25%
WTW	B	0.21%
AME	A	0.2%
SPGI	C	0.2%
CMG	B	0.16%
MSCI	C	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%
BA	F	0.09%
TYL	B	0.06%
APH	A	0.04%

TCAF Underweight 105 Positions Relative to MGV

Symbol	Grade	Weight
JPM	A	-3.72%
BRK.A	B	-3.35%
XOM	B	-3.05%
HD	A	-2.3%
PG	A	-2.28%
JNJ	D	-2.26%
WMT	A	-2.13%
BAC	A	-1.72%
ORCL	B	-1.63%
MRK	F	-1.53%
CVX	A	-1.52%
BRK.A	B	-1.49%
KO	D	-1.49%
PEP	F	-1.34%
WFC	A	-1.3%
PM	B	-1.21%
CSCO	B	-1.17%
IBM	C	-1.12%
QCOM	F	-1.07%
CAT	B	-1.07%
GE	D	-1.04%
AMGN	D	-1.01%
CMCSA	B	-0.99%
NEE	D	-0.96%
T	A	-0.95%
VZ	C	-0.94%
PFE	D	-0.94%
LOW	D	-0.88%
PGR	A	-0.84%
UNP	C	-0.83%
BLK	C	-0.81%
HON	B	-0.79%
AXP	A	-0.79%
ETN	A	-0.78%
LMT	D	-0.77%
COP	C	-0.75%
C	A	-0.69%
BMY	B	-0.67%
FI	A	-0.67%
MDT	D	-0.67%
GILD	C	-0.65%
MU	D	-0.65%
ADI	D	-0.65%
CB	C	-0.64%
SCHW	B	-0.63%
PLD	D	-0.62%
DE	A	-0.62%
SO	D	-0.59%
UPS	C	-0.58%
MO	A	-0.55%
REGN	F	-0.54%
MDLZ	F	-0.54%
CI	F	-0.52%
DUK	C	-0.52%
WM	A	-0.51%
INTC	D	-0.49%
PYPL	B	-0.48%
PH	A	-0.48%
CL	D	-0.45%
USB	A	-0.44%
ITW	B	-0.43%
MMM	D	-0.42%
CVS	D	-0.42%
APD	A	-0.41%
EOG	A	-0.41%
TGT	F	-0.41%
GD	F	-0.4%
FCX	D	-0.38%
HCA	F	-0.38%
FDX	B	-0.36%
BX	A	-0.36%
EMR	A	-0.36%
AFL	B	-0.35%
ADP	B	-0.35%
COF	B	-0.35%
GM	B	-0.34%
TFC	A	-0.34%
BK	A	-0.33%
TRV	B	-0.33%
NSC	B	-0.33%
PSA	D	-0.31%
AEP	D	-0.31%
SRE	A	-0.31%
PSX	C	-0.3%
MPC	D	-0.29%
KMB	D	-0.27%
MET	A	-0.27%
CCI	D	-0.27%
F	C	-0.24%
VLO	C	-0.23%
AON	A	-0.22%
STZ	D	-0.22%
DELL	C	-0.2%
WMB	A	-0.19%
OXY	D	-0.19%
CHTR	C	-0.18%
D	C	-0.15%
JCI	C	-0.15%
SPG	B	-0.15%
KHC	F	-0.15%
KMI	A	-0.14%
AIG	B	-0.14%
PAYX	C	-0.13%
GEV	B	-0.12%
EL	F	-0.02%