TCAF vs. WOMN ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF) to Impact Shares YWCA Womenas Empowerment ETF (WOMN)

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

$34.00

Average Daily Volume

565,915

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WOMN

Impact Shares YWCA Womenas Empowerment ETF

WOMN Description

The investment seeks investment results that, before fees and expenses, track the performance of the Morningstar® Women's Empowerment Index (the "underlying index"). The fund will, under normal circumstances, invest at least 80% of its total assets plus any borrowings for investment purposes (the "80% basket") in component securities of the underlying index. The underlying index is designed to measure the performance of U.S. large and mid- capitalization companies that are "empowering to women," and to exhibit risk and return characteristics similar to those of the Morningstar US Large-Mid Cap ® Index (the "parent index"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.06

Average Daily Volume

1,896

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

Performance

Period	TCAF	WOMN
30 Days	1.74%	2.87%
60 Days	2.92%	2.73%
90 Days	3.99%	5.77%
12 Months	28.41%	26.34%

34 Overlapping Holdings

Symbol	Grade	Weight in TCAF	Weight in WOMN	Overlap
AAPL	C	5.34%	5.02%	5.02%
ABBV	D	0.67%	1.55%	0.67%
ACN	C	0.25%	1.9%	0.25%
ADSK	A	0.95%	0.45%	0.45%
AMT	D	0.7%	0.49%	0.49%
AMZN	C	4.51%	4.47%	4.47%
ANSS	B	0.32%	0.25%	0.25%
BIIB	F	0.53%	0.13%	0.13%
CMS	C	0.82%	0.09%	0.09%
CNP	B	1.49%	0.08%	0.08%
CRM	B	1.63%	2.27%	1.63%
ELV	F	0.67%	0.59%	0.59%
EXC	C	0.34%	0.19%	0.19%
FTV	C	2.71%	0.24%	0.24%
INTU	C	1.55%	1.56%	1.55%
IR	B	1.19%	0.16%	0.16%
LLY	F	1.5%	3.49%	1.5%
LNT	A	0.12%	0.07%	0.07%
MA	C	1.53%	1.77%	1.53%
MCD	D	0.78%	2.04%	0.78%
META	D	2.3%	4.85%	2.3%
MS	A	0.2%	0.6%	0.2%
MSFT	F	8.23%	2.49%	2.49%
NI	A	1.09%	0.06%	0.06%
RSG	A	0.44%	0.19%	0.19%
SBUX	A	0.38%	1.03%	0.38%
SCI	B	0.68%	0.11%	0.11%
SPGI	C	0.2%	0.7%	0.2%
TT	A	0.05%	0.39%	0.05%
TYL	B	0.06%	0.22%	0.06%
UNH	C	2.95%	2.47%	2.47%
V	A	1.44%	1.94%	1.44%
WTW	B	0.21%	0.13%	0.13%
YUM	B	1.04%	0.36%	0.36%

TCAF Overweight 59 Positions Relative to WOMN

Symbol	Grade	Weight
NVDA	C	6.12%
GOOGL	C	3.12%
DHR	F	2.63%
BDX	F	2.48%
RVTY	F	2.44%
AEE	A	1.91%
ROP	B	1.74%
PTC	A	1.67%
WCN	A	1.64%
VLTO	D	1.49%
RTX	C	1.47%
AVGO	D	1.39%
DTE	C	1.31%
LIN	D	1.24%
ABT	B	1.24%
MLM	B	1.2%
NOC	D	1.18%
ICE	C	1.06%
MCK	B	1.05%
AMD	F	1.02%
MMC	B	0.98%
TMO	F	0.93%
HLT	A	0.92%
TDY	B	0.71%
AVTR	F	0.67%
AJG	B	0.62%
HUM	C	0.55%
SBAC	D	0.55%
GEHC	F	0.54%
NXPI	D	0.53%
KKR	A	0.49%
KDP	D	0.46%
AUR	C	0.41%
NKE	D	0.36%
BKNG	A	0.34%
IEX	B	0.33%
LRCX	F	0.32%
CSX	B	0.28%
MAR	B	0.28%
ARGX	A	0.26%
DLTR	F	0.25%
CME	A	0.24%
AME	A	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%
KLAC	D	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%
APH	A	0.04%

TCAF Underweight 164 Positions Relative to WOMN

Symbol	Grade	Weight
XOM	B	-2.53%
ADBE	C	-2.23%
CSCO	B	-1.92%
PG	A	-1.82%
JNJ	D	-1.82%
IBM	C	-1.64%
NOW	A	-1.42%
CVX	A	-1.31%
MRK	F	-1.3%
KO	D	-1.25%
BAC	A	-1.25%
UBER	D	-1.22%
PEP	F	-1.17%
WFC	A	-0.95%
GE	D	-0.88%
AMGN	D	-0.82%
VZ	C	-0.82%
INTC	D	-0.81%
WMT	A	-0.73%
NFLX	A	-0.72%
UNP	C	-0.71%
AXP	A	-0.7%
PGR	A	-0.67%
COP	C	-0.65%
MSI	B	-0.63%
BLK	C	-0.6%
ETN	A	-0.59%
C	A	-0.56%
REGN	F	-0.55%
VRTX	F	-0.54%
WDAY	B	-0.51%
CI	F	-0.5%
ADP	B	-0.5%
GM	B	-0.49%
MDLZ	F	-0.47%
F	C	-0.46%
GILD	C	-0.46%
TEL	B	-0.43%
BMY	B	-0.43%
UPS	C	-0.43%
EQIX	A	-0.39%
CL	D	-0.39%
WM	A	-0.37%
TGT	F	-0.36%
HPQ	B	-0.36%
MPWR	F	-0.36%
TMUS	B	-0.36%
USB	A	-0.35%
PYPL	B	-0.34%
MMM	D	-0.33%
WELL	A	-0.33%
MCO	B	-0.33%
LULU	C	-0.29%
EBAY	D	-0.29%
DECK	A	-0.28%
EMR	A	-0.28%
APD	A	-0.27%
ECL	D	-0.27%
PSX	C	-0.26%
CARR	D	-0.26%
HUBS	A	-0.26%
NEM	D	-0.26%
NSC	B	-0.25%
KEYS	A	-0.25%
AIG	B	-0.24%
WMB	A	-0.24%
COF	B	-0.24%
D	C	-0.23%
SRE	A	-0.23%
AEP	D	-0.23%
KMB	D	-0.22%
MET	A	-0.22%
JCI	C	-0.22%
BK	A	-0.22%
AMP	A	-0.21%
ALL	A	-0.21%
CMI	A	-0.2%
GIS	D	-0.19%
GWW	B	-0.19%
PRU	A	-0.19%
HPE	B	-0.19%
PEG	A	-0.18%
CTVA	C	-0.18%
PCG	A	-0.18%
PAYX	C	-0.18%
VRSK	A	-0.17%
KR	B	-0.17%
BKR	B	-0.17%
DOW	F	-0.17%
DASH	A	-0.17%
OXY	D	-0.17%
BBY	D	-0.16%
KHC	F	-0.16%
HIG	B	-0.16%
ED	D	-0.16%
EA	A	-0.16%
CBRE	B	-0.16%
EIX	B	-0.15%
IRM	D	-0.15%
ADM	D	-0.15%
DD	D	-0.15%
XYL	D	-0.15%
EXPE	B	-0.15%
WSM	B	-0.15%
GPN	B	-0.14%
ROK	B	-0.14%
OKTA	C	-0.14%
VST	B	-0.14%
CAH	B	-0.13%
HSY	F	-0.13%
A	D	-0.13%
FITB	A	-0.13%
PPG	F	-0.13%
IFF	D	-0.12%
ETR	B	-0.12%
DAL	C	-0.12%
VTR	C	-0.11%
EL	F	-0.11%
STT	A	-0.11%
TROW	B	-0.11%
CHD	B	-0.11%
AWK	D	-0.11%
RF	A	-0.1%
RJF	A	-0.1%
PPL	B	-0.1%
SYF	B	-0.09%
BAX	D	-0.09%
OMC	C	-0.09%
BAH	F	-0.09%
INVH	D	-0.09%
K	A	-0.09%
HBAN	A	-0.09%
BMRN	D	-0.08%
KEY	B	-0.08%
DAY	B	-0.08%
PFG	D	-0.08%
PINS	D	-0.08%
NTRS	A	-0.08%
ESS	B	-0.08%
TRU	D	-0.08%
CLX	B	-0.08%
SWK	D	-0.07%
CAG	D	-0.07%
OC	A	-0.07%
LUV	C	-0.07%
DOC	D	-0.07%
HST	C	-0.06%
IPG	D	-0.06%
SJM	D	-0.06%
CE	F	-0.06%
ETSY	D	-0.06%
PNR	A	-0.06%
TAP	C	-0.05%
CPB	D	-0.05%
REXR	F	-0.05%
ALB	C	-0.05%
ELS	C	-0.05%
Z	A	-0.04%
CFG	B	-0.04%
PNW	B	-0.04%
MTCH	D	-0.04%
RHI	B	-0.03%
AGR	B	-0.01%
ZG	A	-0.01%