TGRW vs. QUAL ETF Comparison

Comparison of T. Rowe Price Growth Stock ETF (TGRW) to iShares MSCI USA Quality Factor ETF (QUAL)

TGRW

T. Rowe Price Growth Stock ETF

TGRW Description

The investment seeks to provide long-term capital growth. The fund will normally invest at least 80% of its assets in the common stocks of a diversified group of growth companies. While it may invest in companies of any market capitalization, the fund generally seeks investments in stocks of large-capitalization companies with one or more of the following characteristics: strong cash flow and an above-average rate of earnings growth; the ability to sustain earnings momentum during economic downturns; and occupation of a lucrative niche in the economy and the ability to expand even during times of slow economic growth.

Grade (RS Rating)

Last Trade

$39.46

Average Daily Volume

27,581

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$182.75

Average Daily Volume

893,947

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	TGRW	QUAL
30 Days	3.83%	1.61%
60 Days	5.34%	2.39%
90 Days	6.29%	3.34%
12 Months	33.01%	30.86%

21 Overlapping Holdings

Symbol	Grade	Weight in TGRW	Weight in QUAL	Overlap
AAPL	C	13.71%	5.44%	5.44%
ADBE	C	0.74%	1.76%	0.74%
APH	A	0.12%	0.5%	0.12%
CMG	B	1.08%	1.26%	1.08%
GOOG	C	0.48%	1.55%	0.48%
GOOGL	C	4.88%	1.77%	1.77%
IDXX	F	0.15%	0.3%	0.15%
LIN	D	0.65%	1.14%	0.65%
LLY	F	3.67%	3.42%	3.42%
LRCX	F	0.02%	0.73%	0.02%
LULU	C	0.36%	0.66%	0.36%
MA	C	2.17%	4.22%	2.17%
META	D	4.91%	4.09%	4.09%
MSFT	F	12.56%	4.5%	4.5%
NFLX	A	1.71%	1.76%	1.71%
NVDA	C	10.37%	6.93%	6.93%
ODFL	B	0.71%	0.34%	0.34%
ROK	B	0.42%	0.22%	0.22%
SNPS	B	0.71%	0.51%	0.51%
UNH	C	1.58%	2.81%	1.58%
V	A	2.43%	4.5%	2.43%

TGRW Overweight 41 Positions Relative to QUAL

Symbol	Grade	Weight
AMZN	C	7.69%
TSLA	B	1.98%
NOW	A	1.74%
ISRG	A	1.59%
DHR	F	1.44%
INTU	C	1.32%
SHOP	B	1.19%
UBER	D	1.18%
ASML	F	0.96%
TDY	B	0.88%
ROP	B	0.87%
ARGX	A	0.83%
SBUX	A	0.78%
SCHW	B	0.77%
AMD	F	0.76%
FI	A	0.76%
SPOT	B	0.69%
TMO	F	0.68%
CI	F	0.63%
ADSK	A	0.62%
CPNG	D	0.56%
BKNG	A	0.51%
HUBS	A	0.51%
DG	F	0.48%
DT	C	0.48%
CB	C	0.45%
SYK	C	0.44%
FND	C	0.44%
TEAM	A	0.42%
APP	B	0.39%
CRM	B	0.36%
PINS	D	0.3%
BA	F	0.28%
LEGN	F	0.23%
SNOW	C	0.22%
MDB	C	0.13%
RIVN	F	0.1%
TSM	B	0.03%
MNDY	C	0.03%
INTC	D	0.02%
FTNT	C	0.02%

TGRW Underweight 102 Positions Relative to QUAL

Symbol	Grade	Weight
COST	B	-2.55%
JNJ	D	-2.15%
TJX	A	-2.03%
ADP	B	-1.75%
CSCO	B	-1.74%
COP	C	-1.73%
ACN	C	-1.67%
KO	D	-1.43%
NKE	D	-1.41%
CAT	B	-1.4%
TXN	C	-1.34%
AMAT	F	-1.17%
QCOM	F	-1.15%
PEP	F	-1.1%
LMT	D	-1.08%
BLK	C	-0.99%
SRE	A	-0.93%
SLB	C	-0.89%
KLAC	D	-0.77%
MMC	B	-0.74%
ANET	C	-0.73%
ITW	B	-0.73%
PLD	D	-0.71%
DHI	D	-0.7%
PEG	A	-0.69%
VRTX	F	-0.62%
CTAS	B	-0.6%
GWW	B	-0.59%
CDNS	B	-0.58%
TPL	A	-0.58%
SHW	A	-0.57%
PSA	D	-0.55%
MCO	B	-0.53%
CME	A	-0.52%
NVR	D	-0.52%
ZTS	D	-0.51%
ED	D	-0.5%
MMM	D	-0.5%
PAYX	C	-0.49%
DECK	A	-0.49%
GRMN	B	-0.48%
TSCO	D	-0.43%
PHM	D	-0.43%
AFL	B	-0.42%
FAST	B	-0.42%
ATO	A	-0.4%
APD	A	-0.35%
CBRE	B	-0.35%
AMP	A	-0.33%
ULTA	F	-0.31%
WSM	B	-0.29%
BBY	D	-0.29%
FERG	B	-0.28%
ACGL	D	-0.26%
CSGP	D	-0.26%
AVB	B	-0.24%
EW	C	-0.24%
POOL	C	-0.22%
EQT	B	-0.22%
VLTO	D	-0.21%
MNST	C	-0.21%
NTAP	C	-0.21%
MANH	D	-0.2%
EA	A	-0.2%
A	D	-0.2%
APA	D	-0.19%
TROW	B	-0.19%
MPWR	F	-0.18%
EQR	B	-0.18%
EME	C	-0.17%
RMD	C	-0.17%
LPLA	A	-0.17%
VEEV	C	-0.16%
PPG	F	-0.15%
HSY	F	-0.15%
KEYS	A	-0.15%
CBOE	B	-0.14%
WAT	B	-0.13%
ROL	B	-0.12%
WSO	A	-0.12%
WST	C	-0.12%
FDS	B	-0.12%
EXPD	D	-0.12%
GGG	B	-0.11%
OMC	C	-0.1%
PKG	A	-0.1%
ERIE	D	-0.09%
RS	B	-0.09%
MOH	F	-0.09%
JKHY	D	-0.09%
AVY	D	-0.08%
PAYC	B	-0.08%
UTHR	C	-0.08%
SEIC	B	-0.07%
MKTX	D	-0.07%
ENPH	F	-0.06%
SMCI	F	-0.06%
AOS	F	-0.06%
AFG	A	-0.06%
SOLV	C	-0.05%
IPG	D	-0.05%
WBA	F	-0.03%