TEQI vs. KIE ETF Comparison

Comparison of T. Rowe Price Equity Income ETF (TEQI) to SPDR S&P Insurance ETF (KIE)

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

$39.18

Average Daily Volume

15,678

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

KIE

SPDR S&P Insurance ETF

KIE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies in the insurance industry. In seeking to track the performance of the S&P Insurance Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the insurance industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.38

Average Daily Volume

939,311

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TEQI	KIE
30 Days	-0.07%	-1.22%
60 Days	1.50%	0.86%
90 Days	7.36%	7.08%
12 Months	17.55%	28.12%

5 Overlapping Holdings

Symbol	Grade	Weight in TEQI	Weight in KIE	Overlap
AIG	A	2.49%	2.21%	2.21%
CB	C	2.26%	2.18%	2.18%
HIG	C	1.3%	2.17%	1.3%
L	A	1.06%	2.21%	1.06%
MET	C	1.54%	2.19%	1.54%

TEQI Overweight 104 Positions Relative to KIE

Symbol	Grade	Weight
QCOM	A	3.08%
WFC	B	3.04%
TTE	B	2.65%
GE	A	2.51%
ELV	B	2.47%
SO	A	2.33%
NWSA	D	2.07%
CF	F	1.77%
EQH	A	1.73%
BDX	F	1.71%
MSFT	C	1.69%
LHX	A	1.69%
WY	D	1.66%
SCHW	A	1.6%
XOM	B	1.57%
PM	B	1.48%
ZBH	D	1.47%
DIS	C	1.44%
SWK	F	1.38%
KMB	B	1.37%
AMAT	C	1.35%
EQR	A	1.34%
FITB	A	1.3%
JPM	B	1.3%
CI	C	1.26%
D	B	1.22%
BA	F	1.22%
IP	C	1.15%
CVS	F	1.14%
CAG	B	1.13%
WMT	C	1.12%
JNJ	F	1.11%
KVUE	F	1.11%
LVS	D	1.09%
C	A	1.07%
USB	D	1.07%
MRK	B	1.0%
HBAN	A	0.99%
NXPI	A	0.99%
UPS	F	0.96%
MDT	D	0.87%
TSN	B	0.85%
NEE	B	0.85%
TXN	A	0.82%
LUV	F	0.81%
RYN	D	0.8%
NSC	D	0.79%
AEE	C	0.75%
AZN	A	0.73%
VTRS	D	0.72%
HES	B	0.71%
SRE	B	0.71%
EOG	B	0.71%
CL	A	0.69%
PFE	D	0.69%
EQT	B	0.65%
SNY	C	0.65%
GM	B	0.62%
TEL	C	0.58%
VZ	D	0.56%
ABBV	D	0.55%
BAC	B	0.54%
CMI	C	0.54%
MAT	D	0.51%
ACN	D	0.5%
KSS	D	0.49%
UNP	D	0.47%
WMB	A	0.47%
GEHC	D	0.45%
MS	A	0.4%
BMY	F	0.38%
COP	C	0.37%
GS	A	0.35%
INTC	F	0.34%
HON	D	0.32%
APO	C	0.31%
TJX	C	0.31%
SRCL	D	0.31%
CMCSA	F	0.3%
BIIB	D	0.29%
MMM	B	0.27%
DG	D	0.26%
REXR	D	0.25%
CNC	D	0.23%
BK	A	0.22%
NWS	D	0.21%
CVX	B	0.2%
IFF	B	0.2%
CSCO	F	0.19%
BKR	D	0.19%
NI	A	0.18%
CAH	F	0.16%
T	B	0.15%
STZ	D	0.12%
BBY	D	0.11%
PCG	B	0.11%
HUM	F	0.08%
MDLZ	D	0.08%
AMD	D	0.07%
VNO	D	0.06%
CG	D	0.03%
FLS	B	0.03%
WELL	A	0.02%
META	D	0.02%

TEQI Underweight 44 Positions Relative to KIE

Symbol	Grade	Weight
OSCR	A	-2.57%
ACGL	A	-2.37%
ALL	B	-2.37%
PGR	A	-2.31%
ORI	A	-2.27%
RGA	A	-2.27%
AFL	A	-2.23%
UNM	B	-2.23%
LNC	C	-2.22%
KMPR	B	-2.2%
AEL	A	-2.19%
PRU	C	-2.19%
AXS	A	-2.19%
EG	C	-2.18%
CINF	D	-2.17%
AFG	C	-2.17%
FNF	B	-2.16%
PFG	C	-2.16%
MKL	A	-2.14%
RLI	B	-2.12%
SIGI	F	-2.12%
AIZ	C	-2.12%
MMC	C	-2.11%
TRV	D	-2.11%
BRO	C	-2.1%
RYAN	D	-2.09%
FAF	D	-2.07%
RNR	D	-2.05%
AJG	D	-2.05%
WTW	D	-2.02%
WRB	D	-2.0%
CNO	A	-1.99%
ERIE	C	-1.99%
AON	F	-1.94%
THG	A	-1.91%
PRI	D	-1.89%
BHF	B	-1.85%
AGO	D	-1.82%
GNW	C	-1.57%
KNSL	F	-1.56%
GL	F	-1.39%
WTM	A	-1.3%
ESGR	C	-1.3%
PLMR	B	-0.87%