TMSL vs. BTAL ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Small-Mid Cap ETF (TMSL) to QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL)
TMSL

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Small-Mid Cap ETF

TMSL Description

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in assets issued by small- or mid-cap companies. The fund may at times invest significantly in certain sectors, such as the information technology sector.

Grade (RS Rating)

Last Trade

$34.10

Average Daily Volume

71,985

Number of Holdings *

256

* may have additional holdings in another (foreign) market
BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.20

Average Daily Volume

467,825

Number of Holdings *

392

* may have additional holdings in another (foreign) market
Performance
Period TMSL BTAL
30 Days 5.15% -2.59%
60 Days 5.62% -1.84%
90 Days 6.97% -2.74%
12 Months 34.59% -5.88%
65 Overlapping Holdings
Symbol Grade Weight in TMSL Weight in BTAL Overlap
AEE A 0.39% 0.49% 0.39%
ANET C 0.1% -0.46% -0.46%
APG B 0.48% -0.44% -0.44%
ARMK B 0.28% 0.45% 0.28%
ASGN F 0.28% 0.39% 0.28%
BBWI C 0.38% -0.44% -0.44%
BLD D 0.23% -0.4% -0.4%
BLDR D 0.25% -0.44% -0.44%
BRZE C 0.21% -0.33% -0.33%
BWXT B 0.16% 0.53% 0.16%
CBOE C 0.23% 0.43% 0.23%
CELH F 0.22% -0.29% -0.29%
CF A 0.53% 0.46% 0.46%
CLH C 0.48% 0.43% 0.43%
CRL D 0.22% -0.41% -0.41%
CVNA B 0.5% -0.68% -0.68%
CW C 0.49% 0.47% 0.47%
CWEN C 0.2% -0.42% -0.42%
DKNG B 0.39% -0.53% -0.53%
DOX D 0.31% 0.43% 0.31%
DUOL A 0.47% -0.63% -0.63%
EG C 0.4% 0.42% 0.4%
ELAN D 0.26% -0.39% -0.39%
ELF C 0.26% -0.35% -0.35%
ELS C 0.26% 0.43% 0.26%
FCN F 0.28% 0.38% 0.28%
FLO D 0.33% 0.42% 0.33%
FMC D 0.41% 0.37% 0.37%
FND D 0.39% -0.4% -0.4%
HIG B 0.15% 0.45% 0.15%
IOT A 0.49% -0.52% -0.52%
KRC B 0.26% -0.46% -0.46%
LAMR C 0.79% -0.46% -0.46%
LPLA A 0.27% 0.59% 0.27%
LPX B 0.3% -0.52% -0.52%
MKSI C 1.19% -0.4% -0.4%
MOH F 0.3% 0.36% 0.3%
NTLA F 0.11% -0.27% -0.27%
NTRA A 0.25% -0.56% -0.56%
NWE B 0.19% -0.45% -0.45%
OC A 0.3% -0.46% -0.46%
OLLI D 0.19% 0.41% 0.19%
PCTY C 0.24% 0.53% 0.24%
PFGC B 0.25% -0.49% -0.49%
REG A 0.36% 0.45% 0.36%
RGA A 0.51% 0.48% 0.48%
RGEN D 0.21% -0.37% -0.37%
RNR C 0.95% 0.46% 0.46%
RRC B 0.43% -0.51% -0.51%
RYN D 0.39% -0.44% -0.44%
SAIA B 0.56% -0.59% -0.59%
SRPT F 0.16% 0.32% 0.16%
ST F 0.46% 0.36% 0.36%
TFX F 0.61% -0.36% -0.36%
THG A 0.2% 0.51% 0.2%
TOL B 0.6% -0.47% -0.47%
TOST B 0.43% -0.71% -0.71%
TREX C 0.23% -0.45% -0.45%
TXRH B 0.2% 0.51% 0.2%
TXT D 1.17% 0.4% 0.4%
USFD A 0.32% -0.49% -0.49%
VFC C 0.39% 0.48% 0.39%
VNO C 0.58% -0.52% -0.52%
VTRS A 0.5% 0.48% 0.48%
WAL B 1.15% -0.49% -0.49%
TMSL Overweight 191 Positions Relative to BTAL
Symbol Grade Weight
SWK D 1.44%
SEM B 1.35%
FTI A 1.23%
CPAY A 1.23%
BPOP C 1.14%
THC D 1.13%
DT D 0.87%
REXR F 0.84%
ESAB C 0.81%
WBS A 0.8%
RPM A 0.77%
SSNC B 0.75%
GDDY A 0.75%
HII F 0.75%
DOCU B 0.71%
VOYA B 0.67%
LDOS C 0.65%
BFAM D 0.65%
GEN B 0.64%
RL C 0.63%
WU F 0.62%
RS B 0.61%
INSM C 0.59%
CUBE C 0.59%
NTNX B 0.59%
BDC C 0.59%
NI A 0.59%
CRBG B 0.58%
ZBRA B 0.57%
HBAN A 0.56%
PATK C 0.56%
SITE F 0.55%
EME A 0.54%
OPCH D 0.54%
STLD B 0.54%
BURL B 0.53%
ENTG D 0.52%
FBP C 0.52%
XPRO D 0.52%
STNG F 0.52%
MNDY C 0.51%
WYNN C 0.51%
MWA B 0.51%
WING D 0.5%
SUM B 0.5%
AGCO D 0.5%
EWBC A 0.48%
WSC F 0.48%
COOP B 0.47%
BLX B 0.46%
EQH C 0.46%
EXAS D 0.45%
TYL B 0.45%
TTC C 0.45%
EHC B 0.45%
OMF A 0.45%
MIDD C 0.44%
MORN B 0.44%
BRX A 0.43%
HUBB B 0.43%
JBL C 0.42%
TKR D 0.42%
PLNT A 0.41%
LRN A 0.41%
KFY B 0.41%
NVR D 0.41%
HOLX D 0.4%
TNL A 0.4%
AWI A 0.39%
BCO F 0.39%
SUI C 0.38%
DPZ C 0.38%
NCLH B 0.37%
PHIN A 0.37%
VRRM F 0.37%
PR B 0.36%
PTC B 0.36%
NXST C 0.35%
FITB B 0.35%
NWS A 0.35%
PCVX D 0.34%
UHS D 0.34%
RNA C 0.34%
UPWK B 0.33%
STGW A 0.33%
ULTA F 0.33%
DRH B 0.32%
BPMC B 0.32%
GEO B 0.32%
KMPR A 0.32%
DOLE D 0.32%
MAIN A 0.31%
SKWD A 0.31%
RVTY F 0.31%
MANH D 0.3%
POR C 0.3%
HWM A 0.29%
EVRI A 0.29%
NBIX C 0.29%
SHOO F 0.29%
BERY C 0.28%
TECH F 0.28%
OFG B 0.28%
LSTR D 0.28%
BJ A 0.28%
AYI B 0.27%
FTDR B 0.27%
ATEN A 0.27%
PAYO A 0.27%
CASY A 0.26%
CPA D 0.26%
VNT C 0.26%
STEP C 0.26%
PLAB C 0.25%
HST C 0.25%
KYMR D 0.25%
SCI B 0.25%
CHDN B 0.25%
VRTS B 0.25%
AZEK A 0.24%
MTX B 0.24%
MCB B 0.24%
GLOB B 0.24%
RVMD C 0.24%
BLBD D 0.24%
BOX B 0.24%
CRNX C 0.23%
OIS B 0.23%
RDDT A 0.23%
EEFT B 0.23%
CTLT C 0.23%
WFRD D 0.22%
UFPI C 0.22%
TDW F 0.22%
ESS B 0.22%
ALV C 0.22%
ALKS C 0.21%
EPR C 0.21%
ONON A 0.21%
LSCC D 0.21%
VRNT C 0.21%
WFG C 0.21%
LPRO B 0.21%
PK C 0.2%
SWN C 0.2%
PRDO B 0.2%
KEX B 0.2%
EVRG A 0.2%
HAFC B 0.19%
NFG A 0.19%
BGNE D 0.18%
AHH D 0.18%
LUV C 0.18%
LEGN D 0.18%
RARE F 0.18%
PBH A 0.17%
ENS F 0.17%
TW A 0.17%
WDC D 0.17%
PLUS F 0.16%
AVNT B 0.16%
BFS C 0.16%
AVY F 0.16%
REPL D 0.16%
VERA C 0.16%
FIX A 0.16%
GMRE F 0.15%
XRAY F 0.15%
CVLT B 0.15%
CNP A 0.15%
WTTR A 0.15%
NRIX C 0.14%
TDC D 0.14%
AMAL B 0.14%
ESNT F 0.13%
ACM B 0.12%
XNCR B 0.12%
ASND F 0.12%
MDGL B 0.11%
ACAD C 0.11%
CLDX F 0.11%
IONS F 0.11%
AKRO B 0.11%
IDYA F 0.1%
APPF B 0.08%
RCKT F 0.08%
BXC B 0.08%
PRTA F 0.07%
SRRK C 0.06%
PLRX D 0.06%
SWTX C 0.04%
TMSL Underweight 327 Positions Relative to BTAL
Symbol Grade Weight
MSTR B -1.19%
BILL A -0.68%
IBKR A -0.62%
SFM A -0.6%
PAYC B -0.59%
HQY A -0.58%
UNM A -0.57%
ALSN B -0.56%
KMI A -0.56%
CFLT B -0.56%
SNA A -0.55%
NWL C -0.54%
BKR A -0.53%
MKL A -0.53%
WH B -0.53%
TGNA B -0.53%
TRV B -0.52%
FFIV B -0.52%
FTNT C -0.52%
MSI B -0.51%
RLI A -0.51%
PCAR B -0.51%
MCK A -0.51%
LNG A -0.51%
BMY B -0.51%
WELL A -0.5%
CHH A -0.5%
XEL A -0.5%
PNM B -0.5%
ORLY B -0.5%
T A -0.5%
CSCO B -0.49%
CINF A -0.49%
G B -0.49%
TMUS B -0.49%
PKG A -0.49%
GILD C -0.49%
ALL A -0.48%
SIGI C -0.48%
FOXA A -0.48%
LULU C -0.48%
AIZ A -0.48%
AXS A -0.48%
TDY B -0.48%
BRO B -0.47%
SBRA C -0.47%
DBX B -0.47%
CHD A -0.47%
PAYX B -0.47%
GLW B -0.47%
CME B -0.47%
AON A -0.47%
HON C -0.47%
HEI A -0.47%
KR B -0.47%
RYAN A -0.47%
EDR A -0.46%
DRI B -0.46%
WEN D -0.46%
SLGN A -0.46%
LNT A -0.46%
WEC A -0.46%
ADP A -0.46%
ORI A -0.46%
UTHR C -0.45%
WRB A -0.45%
CB C -0.45%
CSX C -0.45%
CMG B -0.45%
AVB B -0.45%
PGR A -0.45%
WM B -0.45%
IBM C -0.45%
COR B -0.45%
ADC A -0.45%
DGX A -0.45%
WTW B -0.45%
HPQ B -0.45%
L A -0.45%
ROP B -0.45%
PNW A -0.45%
CHRW B -0.45%
XOM B -0.44%
JAZZ B -0.44%
ACN B -0.44%
DECK A -0.44%
EQR C -0.44%
CMS C -0.44%
BWA D -0.44%
CDP C -0.44%
VZ C -0.44%
NEU D -0.44%
VRSN C -0.43%
UNH B -0.43%
DLB B -0.43%
ZI D -0.43%
CTSH B -0.43%
YUM D -0.43%
MSFT D -0.43%
MUSA B -0.43%
DD C -0.43%
RTX D -0.43%
X B -0.43%
RSG A -0.43%
OHI C -0.43%
TJX A -0.43%
CCK D -0.43%
DUK C -0.43%
MSM C -0.43%
COLM C -0.43%
AVT C -0.42%
VICI C -0.42%
JNJ C -0.42%
MMC B -0.42%
CACI D -0.42%
CXT C -0.42%
ED C -0.42%
GLPI C -0.42%
MCD D -0.42%
HRB D -0.41%
J D -0.41%
WPC C -0.41%
SNX D -0.41%
MKC C -0.41%
GD D -0.41%
PAG B -0.41%
BG D -0.4%
SAIC F -0.4%
CI D -0.4%
CHE D -0.4%
MSA F -0.4%
NOC D -0.4%
WTM A -0.39%
AMCR C -0.39%
O C -0.39%
JNPR D -0.39%
FANG C -0.39%
KHC F -0.38%
CPB D -0.38%
ON D -0.38%
ACGL C -0.38%
GIS D -0.38%
ERIE D -0.38%
OXY D -0.38%
MOS F -0.38%
LMT D -0.38%
MAN F -0.37%
KBR F -0.37%
ARW D -0.37%
KO D -0.37%
GPC D -0.37%
TNET F -0.37%
PFE F -0.37%
DVN F -0.37%
AMGN F -0.37%
MUR D -0.37%
ABBV F -0.36%
AKAM D -0.36%
NEM D -0.35%
MTCH D -0.35%
FOXF F -0.35%
HUM C -0.34%
AZO C -0.33%
ELV F -0.33%
MDU D -0.32%
CNC D -0.32%
BMRN F -0.29%
AGL F -0.16%
SMCI F --0.18%
SEDG F --0.19%
RUN F --0.21%
MRNA F --0.22%
CNXC F --0.23%
ENPH F --0.23%
MPWR F --0.24%
CE F --0.24%
WOLF F --0.25%
TXG F --0.26%
RKT F --0.29%
RIVN F --0.3%
OPEN F --0.3%
EL F --0.31%
TER F --0.33%
COTY F --0.33%
AMKR D --0.34%
EFX F --0.35%
SHLS F --0.35%
ARWR D --0.35%
AES F --0.35%
LRCX F --0.36%
DKS D --0.37%
WMS F --0.37%
ALLY C --0.37%
NVCR C --0.38%
RIG D --0.38%
CNM D --0.38%
DINO D --0.39%
PLD F --0.39%
IDXX F --0.39%
KSS F --0.39%
PINS F --0.4%
WBA F --0.4%
ARE F --0.4%
AMD F --0.4%
KMX B --0.4%
FBIN D --0.41%
ROIV C --0.41%
AGNC C --0.41%
W D --0.41%
POWI F --0.41%
DNLI D --0.42%
CHX C --0.42%
AWK C --0.42%
FCX F --0.42%
CZR F --0.42%
UBER F --0.42%
CSGP D --0.42%
MU D --0.43%
ILMN C --0.43%
CC C --0.43%
CRSP D --0.43%
MGM D --0.43%
ALGN D --0.43%
PATH C --0.43%
SSD F --0.43%
SEE C --0.44%
THO B --0.44%
F C --0.44%
TRU D --0.44%
EW C --0.44%
UGI C --0.44%
TGT F --0.44%
D C --0.45%
DAR C --0.45%
CARR C --0.45%
MTDR B --0.45%
RMD C --0.45%
AVGO D --0.45%
SMG C --0.46%
VEEV C --0.46%
BXP C --0.46%
ZS B --0.46%
JLL D --0.46%
PENN C --0.46%
ROKU D --0.47%
HHH B --0.47%
SHW B --0.47%
TROW B --0.48%
NVDA B --0.48%
LNC C --0.48%
AXTA B --0.49%
OZK B --0.49%
ITT A --0.49%
NRG B --0.49%
GH B --0.49%
SNAP D --0.49%
USB A --0.49%
CFG B --0.49%
NVT B --0.49%
RF A --0.5%
TTD B --0.5%
NET B --0.5%
CAR C --0.51%
RMBS B --0.51%
PWR A --0.51%
GNRC C --0.51%
TT A --0.51%
CBRE B --0.51%
RBLX C --0.51%
CEG C --0.52%
COHR B --0.52%
PEN B --0.52%
ETN A --0.52%
URI C --0.52%
PYPL B --0.52%
ALB B --0.52%
DELL B --0.53%
ZION B --0.53%
MDB B --0.53%
AR B --0.53%
JHG B --0.53%
EXP B --0.53%
RH C --0.53%
FYBR C --0.53%
INTC C --0.54%
SNV C --0.54%
BLK B --0.54%
FOUR A --0.54%
NTRS A --0.54%
XPO B --0.54%
CMA B --0.54%
CG B --0.55%
KKR A --0.55%
PNFP B --0.55%
WCC B --0.55%
AA A --0.56%
SCHW B --0.56%
DAY B --0.56%
Z A --0.56%
GME C --0.56%
EXPE B --0.56%
MRVL B --0.56%
TDOC C --0.56%
BX A --0.57%
CRWD B --0.57%
GTLS A --0.58%
OWL A --0.58%
TPG A --0.58%
EQT B --0.59%
PODD C --0.59%
DASH B --0.59%
SQ A --0.6%
LYV A --0.62%
LITE B --0.62%
CCL A --0.63%
LYFT C --0.65%
VRT B --0.67%
DAL B --0.68%
PTON A --0.69%
TSLA B --0.7%
COIN C --0.71%
HOOD B --0.72%
AXON A --0.74%
VST A --0.76%
SOFI B --0.79%
AFRM A --0.84%
PLTR B --0.87%
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