TEQI vs. FLCC ETF Comparison

Comparison of T. Rowe Price Equity Income ETF (TEQI) to Federated Hermes MDT Large Cap Core ETF (FLCC)

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

FLCC

Federated Hermes MDT Large Cap Core ETF

FLCC Description

The fund seeks to achieve its objective by investing primarily in the common stock of large-cap U.S. companies. It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in large-cap companies. The fund manager actively trades its portfolio securities in an attempt to achieve its investment objective.

Grade (RS Rating)

Last Trade

$28.79

Average Daily Volume

1,206

Number of Holdings ^*

141

* may have additional holdings in another (foreign) market

Performance

Period	TEQI	FLCC
30 Days	3.09%	5.96%
60 Days	4.07%	7.71%
90 Days	5.51%	11.16%
12 Months	27.01%

25 Overlapping Holdings

Symbol	Grade	Weight in TEQI	Weight in FLCC	Overlap
ABBV	D	0.27%	1.98%	0.27%
AMAT	F	1.13%	0.51%	0.51%
BIIB	F	0.27%	0.27%	0.27%
BK	A	0.15%	1.49%	0.15%
CAH	B	0.15%	0.21%	0.15%
CI	F	1.13%	0.23%	0.23%
CL	D	0.75%	0.74%	0.74%
CNC	D	0.17%	0.18%	0.17%
CRM	B	0.22%	0.16%	0.16%
ELV	F	2.3%	0.27%	0.27%
EOG	A	0.58%	0.56%	0.56%
GEHC	F	0.29%	0.14%	0.14%
GEV	B	0.59%	2.21%	0.59%
HIG	B	1.43%	0.25%	0.25%
HUM	C	0.16%	0.25%	0.16%
JNJ	D	1.17%	1.15%	1.15%
KMB	D	1.63%	0.9%	0.9%
MRK	F	0.34%	0.76%	0.34%
MSFT	F	1.48%	5.55%	1.48%
PM	B	1.75%	1.61%	1.61%
QCOM	F	1.96%	1.42%	1.42%
ROK	B	0.15%	0.14%	0.14%
TJX	A	0.34%	0.3%	0.3%
UNH	C	1.57%	0.09%	0.09%
UNP	C	0.19%	0.28%	0.19%

TEQI Overweight 87 Positions Relative to FLCC

Symbol	Grade	Weight
SO	D	2.29%
CB	C	2.08%
MET	A	2.06%
GE	D	2.05%
WFC	A	2.02%
TTE	F	1.99%
AIG	B	1.85%
LHX	C	1.81%
CF	B	1.72%
BDX	F	1.72%
KVUE	A	1.68%
SWK	D	1.62%
XOM	B	1.61%
NWSA	B	1.57%
WY	D	1.54%
SCHW	B	1.49%
EQR	B	1.49%
ZBH	C	1.47%
IP	B	1.47%
JPM	A	1.41%
EQH	B	1.39%
C	A	1.34%
WMT	A	1.23%
HBAN	A	1.22%
D	C	1.17%
FI	A	1.13%
LVS	C	1.12%
CVS	D	1.09%
AEE	A	1.04%
DIS	B	1.03%
UPS	C	1.03%
L	A	1.01%
USB	A	0.99%
MDT	D	0.98%
TXN	C	0.97%
BA	F	0.92%
FITB	A	0.92%
NEE	D	0.9%
AZN	D	0.88%
NXPI	D	0.87%
CAG	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%
VTRS	A	0.7%
CMI	A	0.63%
CMCSA	B	0.62%
EQT	B	0.61%
BMY	B	0.59%
BAC	A	0.58%
NSC	B	0.57%
WMB	A	0.56%
REXR	F	0.54%
PFE	D	0.48%
MAT	D	0.48%
CSX	B	0.46%
GM	B	0.41%
MRO	B	0.4%
TMO	F	0.37%
VZ	C	0.35%
COP	C	0.35%
MMM	D	0.34%
INTC	D	0.34%
KSS	F	0.33%
HON	B	0.33%
MS	A	0.33%
SRCL	C	0.32%
BKR	B	0.31%
DG	F	0.3%
APO	B	0.28%
CSCO	B	0.28%
NI	A	0.25%
HES	B	0.23%
SLB	C	0.18%
CVX	A	0.18%
PCG	A	0.16%
AMD	F	0.15%
T	A	0.14%
HD	A	0.12%
ATO	A	0.1%
MDLZ	F	0.1%
NWS	B	0.08%
VNO	B	0.07%
GS	A	0.04%

TEQI Underweight 116 Positions Relative to FLCC

Symbol	Grade	Weight
AAPL	C	-5.33%
GOOGL	C	-4.82%
NVDA	C	-3.9%
GDDY	A	-2.53%
META	D	-2.49%
VLTO	D	-2.38%
SPOT	B	-2.21%
AMP	A	-2.16%
PRU	A	-1.92%
NTNX	A	-1.68%
AMZN	C	-1.6%
FTNT	C	-1.58%
APP	B	-1.57%
STT	A	-1.5%
COST	B	-1.48%
ANET	C	-1.45%
IBKR	A	-1.23%
NTRS	A	-1.05%
TRV	B	-1.05%
KRC	C	-1.03%
EXPE	B	-0.99%
GILD	C	-0.96%
SN	D	-0.96%
WING	D	-0.93%
GAP	C	-0.84%
LNG	B	-0.84%
PGR	A	-0.79%
PPG	F	-0.71%
ALSN	B	-0.71%
PAYC	B	-0.66%
AMGN	D	-0.63%
RCL	A	-0.63%
COR	B	-0.61%
ZM	B	-0.59%
INCY	C	-0.59%
PEGA	A	-0.57%
MA	C	-0.56%
VRT	B	-0.54%
VRSK	A	-0.53%
BAH	F	-0.52%
KR	B	-0.51%
AAP	C	-0.5%
ELAN	D	-0.5%
MPC	D	-0.48%
CEG	D	-0.47%
MUSA	A	-0.47%
TRGP	B	-0.47%
ZTS	D	-0.46%
PEP	F	-0.45%
TT	A	-0.44%
EBAY	D	-0.44%
LII	A	-0.42%
CRUS	D	-0.39%
ORCL	B	-0.38%
CRBG	B	-0.38%
EIX	B	-0.38%
ORLY	B	-0.36%
PLTR	B	-0.36%
FMC	D	-0.36%
MU	D	-0.33%
VRTX	F	-0.33%
NEM	D	-0.32%
PVH	C	-0.32%
ILMN	D	-0.3%
REGN	F	-0.29%
ACGL	D	-0.29%
MAS	D	-0.28%
TSLA	B	-0.28%
WM	A	-0.28%
LLY	F	-0.27%
DXC	B	-0.27%
OTIS	C	-0.27%
DASH	A	-0.26%
DDOG	A	-0.25%
VIRT	B	-0.25%
RBLX	C	-0.24%
DELL	C	-0.24%
AXTA	A	-0.23%
WEC	A	-0.23%
ALLE	D	-0.22%
HPE	B	-0.22%
ADBE	C	-0.22%
ICE	C	-0.21%
RYAN	B	-0.2%
NTAP	C	-0.2%
CBOE	B	-0.18%
CW	B	-0.18%
STLD	B	-0.16%
WU	D	-0.16%
R	B	-0.15%
TFX	F	-0.14%
ZI	D	-0.14%
DVN	F	-0.14%
MAN	D	-0.13%
QRVO	F	-0.12%
MOS	F	-0.12%
NOW	A	-0.12%
MSCI	C	-0.12%
PSX	C	-0.11%
HUBS	A	-0.1%
CBRE	B	-0.1%
XEL	A	-0.09%
ESS	B	-0.09%
UTHR	C	-0.08%
EXC	C	-0.07%
ALGN	D	-0.07%
BERY	B	-0.07%
SPG	B	-0.06%
ALNY	D	-0.05%
AA	B	-0.05%
LRCX	F	-0.05%
CCI	D	-0.05%
SBAC	D	-0.05%
F	C	-0.04%
TER	D	-0.03%
AMT	D	-0.03%