TEQI vs. SHRY ETF Comparison

Comparison of T. Rowe Price Equity Income ETF (TEQI) to First Trust Bloomberg Shareholder Yield ETF (SHRY)

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

$41.68

Average Daily Volume

18,921

Number of Holdings ^*

113

* may have additional holdings in another (foreign) market

SHRY

First Trust Bloomberg Shareholder Yield ETF

SHRY Description

The fund will normally invest at least 90% of its net assets in the securities that comprise the index. The index is designed to select dividend-paying securities issued by large capitalization U.S. companies.

Grade (RS Rating)

Last Trade

$41.29

Average Daily Volume

1,320

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TEQI	SHRY
30 Days	1.75%	1.36%
60 Days	8.57%	7.84%
90 Days	7.42%	8.96%
12 Months	29.99%

16 Overlapping Holdings

Symbol	Grade	Weight in TEQI	Weight in SHRY	Overlap
ACN	B	0.72%	0.84%	0.72%
AMAT	C	1.52%	0.59%	0.59%
BDX	C	1.74%	1.27%	1.27%
CB	A	2.0%	1.47%	1.47%
CI	D	1.13%	3.05%	1.13%
CL	D	0.79%	1.55%	0.79%
CMCSA	B	0.6%	4.65%	0.6%
CSX	D	0.16%	2.05%	0.16%
EOG	B	0.63%	2.59%	0.63%
HIG	A	1.3%	3.41%	1.3%
KMB	D	1.69%	2.05%	1.69%
MDT	C	0.91%	2.01%	0.91%
MET	A	1.88%	2.88%	1.88%
MRK	F	0.25%	1.34%	0.25%
QCOM	D	2.45%	0.58%	0.58%
UNP	F	0.43%	1.86%	0.43%

TEQI Overweight 97 Positions Relative to SHRY

Symbol	Grade	Weight
ELV	F	2.7%
WFC	B	2.41%
TTE	B	2.33%
SO	A	2.24%
NWSA	D	2.21%
AIG	C	2.0%
GE	B	1.9%
LHX	A	1.82%
MSFT	D	1.71%
SCHW	D	1.7%
XOM	A	1.69%
PM	D	1.64%
CF	A	1.59%
UNH	B	1.55%
ZBH	F	1.55%
EQR	C	1.5%
EQH	B	1.47%
JPM	C	1.44%
IP	C	1.38%
WY	C	1.36%
SWK	C	1.26%
C	B	1.24%
KVUE	C	1.21%
BA	F	1.19%
WMT	A	1.19%
DIS	D	1.14%
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%
AZN	D	0.9%
LUV	B	0.87%
AEE	A	0.86%
TSN	D	0.84%
SRE	C	0.75%
EQT	C	0.71%
RYN	C	0.71%
SNY	C	0.69%
VTRS	D	0.69%
GEV	A	0.64%
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%
BKR	B	0.49%
BAC	B	0.48%
BMY	A	0.47%
MAT	B	0.44%
INTC	D	0.44%
KSS	D	0.39%
DG	F	0.38%
VZ	C	0.37%
COP	D	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%
HES	D	0.3%
APO	A	0.28%
CSCO	A	0.27%
MMM	C	0.27%
MRO	B	0.26%
HUM	F	0.21%
NWS	D	0.2%
CVX	B	0.19%
CNC	F	0.19%
NI	A	0.18%
BK	A	0.18%
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 33 Positions Relative to SHRY

Symbol	Grade	Weight
MO	D	-5.08%
LOW	C	-3.39%
HPQ	B	-3.26%
AFL	A	-3.12%
GIS	C	-3.05%
LMT	A	-2.78%
KR	C	-2.68%
KMI	A	-2.56%
CME	A	-2.46%
SBUX	B	-2.37%
HCA	C	-2.25%
CHTR	D	-2.16%
ITW	C	-2.1%
MCD	A	-2.09%
AON	A	-2.08%
HD	A	-1.99%
PG	D	-1.86%
SHW	C	-1.77%
TRV	B	-1.75%
MCHP	F	-1.68%
ABT	C	-1.66%
ADP	A	-1.59%
MCK	F	-1.55%
SLB	D	-1.52%
V	B	-1.39%
AAPL	C	-1.35%
BX	C	-1.23%
MA	A	-1.18%
LRCX	D	-1.02%
ADBE	F	-0.83%
KLAC	B	-0.78%
GOOGL	B	-0.75%
META	A	-0.55%