TGRW vs. SPMV ETF Comparison

Comparison of T. Rowe Price Growth Stock ETF (TGRW) to Invesco S&P 500 Minimum Variance ETF (SPMV)

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

SPMV

Invesco S&P 500 Minimum Variance ETF

SPMV Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.

Grade (RS Rating)

Last Trade

$47.62

Average Daily Volume

711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TGRW	SPMV
30 Days	3.83%	1.14%
60 Days	5.34%	2.01%
90 Days	6.29%	4.46%
12 Months	33.01%	26.03%

15 Overlapping Holdings

Symbol	Grade	Weight in TGRW	Weight in SPMV	Overlap
AAPL	C	13.71%	2.9%	2.9%
ADBE	C	0.74%	2.01%	0.74%
AMZN	C	7.69%	3.04%	3.04%
BA	F	0.28%	0.05%	0.05%
CB	C	0.45%	2.56%	0.45%
CRM	B	0.36%	1.66%	0.36%
GOOG	C	0.48%	0.55%	0.48%
IDXX	F	0.15%	0.37%	0.15%
INTU	C	1.32%	0.74%	0.74%
LLY	F	3.67%	0.63%	0.63%
META	D	4.91%	0.32%	0.32%
MSFT	F	12.56%	2.76%	2.76%
NOW	A	1.74%	1.77%	1.74%
NVDA	C	10.37%	3.53%	3.53%
TDY	B	0.88%	0.96%	0.88%

TGRW Overweight 47 Positions Relative to SPMV

Symbol	Grade	Weight
GOOGL	C	4.88%
V	A	2.43%
MA	C	2.17%
TSLA	B	1.98%
NFLX	A	1.71%
ISRG	A	1.59%
UNH	C	1.58%
DHR	F	1.44%
SHOP	B	1.19%
UBER	D	1.18%
CMG	B	1.08%
ASML	F	0.96%
ROP	B	0.87%
ARGX	A	0.83%
SBUX	A	0.78%
SCHW	B	0.77%
AMD	F	0.76%
FI	A	0.76%
ODFL	B	0.71%
SNPS	B	0.71%
SPOT	B	0.69%
TMO	F	0.68%
LIN	D	0.65%
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%
SYK	C	0.44%
FND	C	0.44%
ROK	B	0.42%
TEAM	A	0.42%
APP	B	0.39%
LULU	C	0.36%
PINS	D	0.3%
LEGN	F	0.23%
SNOW	C	0.22%
MDB	C	0.13%
APH	A	0.12%
RIVN	F	0.1%
TSM	B	0.03%
MNDY	C	0.03%
LRCX	F	0.02%
INTC	D	0.02%
FTNT	C	0.02%

TGRW Underweight 60 Positions Relative to SPMV

Symbol	Grade	Weight
GEV	B	-3.69%
TMUS	B	-3.37%
CSCO	B	-3.31%
AON	A	-3.14%
BRK.A	B	-2.95%
ABT	B	-2.84%
PG	A	-2.81%
MMC	B	-2.77%
AJG	B	-2.7%
QCOM	F	-2.64%
MRK	F	-2.46%
MDLZ	F	-2.46%
HD	A	-2.25%
VRTX	F	-2.25%
ORCL	B	-2.23%
AVGO	D	-2.03%
AMT	D	-1.83%
VRSK	A	-1.7%
ZTS	D	-1.66%
PGR	A	-1.65%
NEE	D	-1.63%
SRE	A	-1.56%
GIS	D	-1.47%
DUK	C	-1.34%
JNJ	D	-1.2%
REGN	F	-1.07%
HSY	F	-1.03%
AEE	A	-1.02%
TRV	B	-1.0%
PFE	D	-0.99%
VZ	C	-0.97%
AEP	D	-0.95%
BRO	B	-0.81%
MKC	D	-0.78%
CCI	D	-0.7%
XOM	B	-0.69%
RTX	C	-0.66%
JPM	A	-0.62%
IBM	C	-0.56%
RSG	A	-0.55%
TJX	A	-0.5%
NEM	D	-0.47%
SO	D	-0.47%
ELV	F	-0.45%
TSN	B	-0.42%
HRL	D	-0.38%
AMGN	D	-0.32%
ACN	C	-0.31%
BIIB	F	-0.3%
T	A	-0.29%
KHC	F	-0.28%
ADM	D	-0.26%
AIG	B	-0.25%
PCG	A	-0.24%
ACGL	D	-0.22%
CVS	D	-0.22%
XEL	A	-0.2%
TRMB	B	-0.1%
GILD	C	-0.09%
GD	F	-0.06%