TEQI vs. NANR ETF Comparison

Comparison of T. Rowe Price Equity Income ETF (TEQI) to SPDR S&P North American Natural Resources ETF (NANR)

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

$41.83

Average Daily Volume

18,921

Number of Holdings ^*

113

* may have additional holdings in another (foreign) market

NANR

SPDR S&P North American Natural Resources ETF

NANR Description

The investment seeks to track the performance of the S&P BMI North American Natural Resources Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index comprises publicly traded large- and mid-capitalization U.S. and Canadian companies in the natural resources and commodities businesses that meet certain investability requirements and are classified within the sub-industries of one of three natural resources categories: energy, materials or agriculture. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.99

Average Daily Volume

16,815

Number of Holdings ^*

104

* may have additional holdings in another (foreign) market

Performance

Period	TEQI	NANR
30 Days	1.75%	6.80%
60 Days	8.57%	11.16%
90 Days	7.42%	5.08%
12 Months	29.99%	17.82%

12 Overlapping Holdings

Symbol	Grade	Weight in TEQI	Weight in NANR	Overlap
BKR	B	0.49%	0.93%	0.49%
CF	A	1.59%	0.97%	0.97%
COP	D	0.37%	3.23%	0.37%
CVX	B	0.19%	6.47%	0.19%
EOG	B	0.63%	1.85%	0.63%
EQT	C	0.71%	0.55%	0.55%
HES	D	0.3%	0.97%	0.3%
IP	C	1.38%	1.0%	1.0%
MRO	B	0.26%	0.39%	0.26%
RYN	C	0.71%	0.26%	0.26%
WY	C	1.36%	1.47%	1.36%
XOM	A	1.69%	10.24%	1.69%

TEQI Overweight 101 Positions Relative to NANR

Symbol	Grade	Weight
ELV	F	2.7%
QCOM	D	2.45%
WFC	B	2.41%
TTE	B	2.33%
SO	A	2.24%
NWSA	D	2.21%
AIG	C	2.0%
CB	A	2.0%
GE	B	1.9%
MET	A	1.88%
LHX	A	1.82%
BDX	C	1.74%
MSFT	D	1.71%
SCHW	D	1.7%
KMB	D	1.69%
PM	D	1.64%
UNH	B	1.55%
ZBH	F	1.55%
AMAT	C	1.52%
EQR	C	1.5%
EQH	B	1.47%
JPM	C	1.44%
HIG	A	1.3%
SWK	C	1.26%
C	B	1.24%
KVUE	C	1.21%
BA	F	1.19%
WMT	A	1.19%
DIS	D	1.14%
CI	D	1.13%
JNJ	D	1.13%
HBAN	B	1.11%
D	A	1.09%
FI	A	1.06%
UPS	D	1.05%
NXPI	F	1.04%
L	C	1.02%
LVS	B	0.98%
TXN	C	0.97%
TEL	D	0.96%
CAG	D	0.95%
NEE	C	0.93%
CVS	D	0.93%
FITB	C	0.93%
USB	C	0.92%
MDT	C	0.91%
AZN	D	0.9%
LUV	B	0.87%
AEE	A	0.86%
TSN	D	0.84%
CL	D	0.79%
SRE	C	0.75%
ACN	B	0.72%
SNY	C	0.69%
VTRS	D	0.69%
GEV	A	0.64%
CMCSA	B	0.6%
CMI	A	0.57%
NSC	C	0.56%
PFE	D	0.54%
WMB	A	0.53%
GM	D	0.52%
REXR	D	0.51%
ABBV	C	0.5%
HON	C	0.49%
BAC	B	0.48%
BMY	A	0.47%
MAT	B	0.44%
INTC	D	0.44%
UNP	F	0.43%
KSS	D	0.39%
DG	F	0.38%
VZ	C	0.37%
MS	A	0.35%
BIIB	F	0.34%
TJX	D	0.34%
GS	B	0.33%
SRCL	B	0.33%
GEHC	C	0.3%
APO	A	0.28%
CSCO	A	0.27%
MMM	C	0.27%
MRK	F	0.25%
HUM	F	0.21%
NWS	D	0.2%
CNC	F	0.19%
NI	A	0.18%
BK	A	0.18%
CSX	D	0.16%
CAH	B	0.15%
PCG	C	0.15%
CRM	B	0.14%
T	B	0.13%
MDLZ	D	0.1%
AMD	C	0.08%
VNO	B	0.06%
STZ	D	0.04%
BBY	C	0.04%
IFF	D	0.04%
FLS	A	0.02%
SOLV	C	0.02%

TEQI Underweight 92 Positions Relative to NANR

Symbol	Grade	Weight
FCX	B	-5.02%
NEM	C	-4.28%
NUE	D	-2.5%
CTVA	A	-2.45%
ADM	F	-1.74%
SLB	D	-1.57%
SW	C	-1.49%
MPC	D	-1.46%
PSX	D	-1.43%
STLD	C	-1.3%
PKG	B	-1.14%
RS	D	-1.13%
VLO	F	-1.11%
AVY	D	-1.05%
AMCR	C	-0.97%
OXY	D	-0.9%
BG	F	-0.82%
FANG	D	-0.81%
HAL	D	-0.66%
AA	B	-0.66%
DVN	F	-0.64%
RGLD	C	-0.64%
ATI	C	-0.56%
INGR	B	-0.54%
CRS	B	-0.54%
GPK	D	-0.53%
MOS	F	-0.52%
FMC	C	-0.49%
CTRA	D	-0.46%
TPL	A	-0.43%
CMC	D	-0.42%
CLF	D	-0.42%
LPX	C	-0.41%
DAR	F	-0.35%
WFG	C	-0.34%
SON	D	-0.32%
SEE	C	-0.31%
FTI	B	-0.29%
OVV	D	-0.26%
HL	C	-0.26%
APA	F	-0.23%
CHK	C	-0.23%
SMG	C	-0.22%
HCC	C	-0.22%
PCH	C	-0.21%
AR	C	-0.21%
CHRD	F	-0.2%
RRC	D	-0.19%
CDE	C	-0.19%
AMR	F	-0.18%
PR	D	-0.18%
DINO	F	-0.17%
SLVM	C	-0.17%
MP	C	-0.16%
WFRD	F	-0.16%
NOV	F	-0.16%
MTDR	D	-0.15%
MTRN	F	-0.14%
MUR	F	-0.13%
CNX	A	-0.13%
CIVI	F	-0.12%
SM	D	-0.12%
MGY	B	-0.11%
WHD	A	-0.1%
VAL	F	-0.09%
TDW	F	-0.09%
AROC	B	-0.08%
RIG	F	-0.08%
KALU	D	-0.08%
HP	D	-0.08%
PBF	F	-0.08%
CRC	B	-0.08%
NOG	D	-0.08%
CEIX	B	-0.07%
BTU	B	-0.07%
UEC	C	-0.07%
WS	D	-0.07%
LBRT	D	-0.07%
PTEN	F	-0.06%
OII	D	-0.06%
WKC	A	-0.05%
CRGY	B	-0.05%
KOS	F	-0.05%
GPOR	B	-0.04%
XPRO	F	-0.04%
HLX	C	-0.04%
TALO	D	-0.04%
DK	F	-0.03%
AESI	B	-0.03%
WTTR	B	-0.02%
PDS	F	-0.02%
PARR	F	-0.02%