TMSL vs. IEDI ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Small-Mid Cap ETF (TMSL) to iShares Evolved U.S. Discretionary Spending ETF (IEDI)

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

$34.42

Average Daily Volume

71,985

Number of Holdings ^*

256

* may have additional holdings in another (foreign) market

IEDI

iShares Evolved U.S. Discretionary Spending ETF

IEDI Description

The investment seeks to provide access to U.S. companies with discretionary spending exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization discretionary spending companies. It will hold common stock of those companies that fall into the Discretionary Spending Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as consumer discretionary companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.75

Average Daily Volume

6,271

Number of Holdings ^*

176

* may have additional holdings in another (foreign) market

Performance

Period	TMSL	IEDI
30 Days	5.15%	3.26%
60 Days	5.62%	4.59%
90 Days	6.97%	7.09%
12 Months	34.59%	32.06%

38 Overlapping Holdings

Symbol	Grade	Weight in TMSL	Weight in IEDI	Overlap
ARMK	B	0.28%	0.15%	0.15%
BBWI	C	0.38%	0.19%	0.19%
BFAM	D	0.65%	0.08%	0.08%
BJ	A	0.28%	0.28%	0.28%
BLD	D	0.23%	0.07%	0.07%
BURL	B	0.53%	0.71%	0.53%
CASY	A	0.26%	0.42%	0.26%
CBOE	C	0.23%	0.07%	0.07%
CHDN	B	0.25%	0.2%	0.2%
CPAY	A	1.23%	0.09%	0.09%
CVNA	B	0.5%	0.45%	0.45%
DKNG	B	0.39%	0.4%	0.39%
DPZ	C	0.38%	0.47%	0.38%
DUOL	A	0.47%	0.11%	0.11%
ELF	C	0.26%	0.13%	0.13%
FLO	D	0.33%	0.07%	0.07%
FND	D	0.39%	0.37%	0.37%
GDDY	A	0.75%	0.14%	0.14%
GEN	B	0.64%	0.06%	0.06%
HST	C	0.25%	0.15%	0.15%
LAMR	C	0.79%	0.05%	0.05%
LUV	C	0.18%	0.11%	0.11%
NCLH	B	0.37%	0.14%	0.14%
OLLI	D	0.19%	0.22%	0.19%
PFGC	B	0.25%	0.2%	0.2%
PLNT	A	0.41%	0.29%	0.29%
RL	C	0.63%	0.12%	0.12%
SCI	B	0.25%	0.2%	0.2%
SHOO	F	0.29%	0.09%	0.09%
SITE	F	0.55%	0.07%	0.07%
TNL	A	0.4%	0.06%	0.06%
TOL	B	0.6%	0.16%	0.16%
TOST	B	0.43%	0.2%	0.2%
TXRH	B	0.2%	0.45%	0.2%
ULTA	F	0.33%	0.7%	0.33%
USFD	A	0.32%	0.26%	0.26%
VFC	C	0.39%	0.14%	0.14%
WING	D	0.5%	0.39%	0.39%

TMSL Overweight 218 Positions Relative to IEDI

Symbol	Grade	Weight
SWK	D	1.44%
SEM	B	1.35%
FTI	A	1.23%
MKSI	C	1.19%
TXT	D	1.17%
WAL	B	1.15%
BPOP	C	1.14%
THC	D	1.13%
RNR	C	0.95%
DT	D	0.87%
REXR	F	0.84%
ESAB	C	0.81%
WBS	A	0.8%
RPM	A	0.77%
SSNC	B	0.75%
HII	F	0.75%
DOCU	B	0.71%
VOYA	B	0.67%
LDOS	C	0.65%
WU	F	0.62%
TFX	F	0.61%
RS	B	0.61%
INSM	C	0.59%
CUBE	C	0.59%
NTNX	B	0.59%
BDC	C	0.59%
NI	A	0.59%
VNO	C	0.58%
CRBG	B	0.58%
ZBRA	B	0.57%
SAIA	B	0.56%
HBAN	A	0.56%
PATK	C	0.56%
EME	A	0.54%
OPCH	D	0.54%
STLD	B	0.54%
CF	A	0.53%
ENTG	D	0.52%
FBP	C	0.52%
XPRO	D	0.52%
STNG	F	0.52%
RGA	A	0.51%
MNDY	C	0.51%
WYNN	C	0.51%
MWA	B	0.51%
SUM	B	0.5%
AGCO	D	0.5%
VTRS	A	0.5%
CW	C	0.49%
IOT	A	0.49%
CLH	C	0.48%
APG	B	0.48%
EWBC	A	0.48%
WSC	F	0.48%
COOP	B	0.47%
ST	F	0.46%
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%
RRC	B	0.43%
JBL	C	0.42%
TKR	D	0.42%
LRN	A	0.41%
KFY	B	0.41%
FMC	D	0.41%
NVR	D	0.41%
HOLX	D	0.4%
EG	C	0.4%
AEE	A	0.39%
AWI	A	0.39%
BCO	F	0.39%
RYN	D	0.39%
SUI	C	0.38%
PHIN	A	0.37%
VRRM	F	0.37%
PR	B	0.36%
REG	A	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%
DRH	B	0.32%
BPMC	B	0.32%
GEO	B	0.32%
KMPR	A	0.32%
DOLE	D	0.32%
MAIN	A	0.31%
DOX	D	0.31%
SKWD	A	0.31%
RVTY	F	0.31%
MANH	D	0.3%
MOH	F	0.3%
LPX	B	0.3%
OC	A	0.3%
POR	C	0.3%
HWM	A	0.29%
EVRI	A	0.29%
NBIX	C	0.29%
BERY	C	0.28%
TECH	F	0.28%
OFG	B	0.28%
ASGN	F	0.28%
LSTR	D	0.28%
FCN	F	0.28%
AYI	B	0.27%
LPLA	A	0.27%
FTDR	B	0.27%
ATEN	A	0.27%
PAYO	A	0.27%
ELS	C	0.26%
CPA	D	0.26%
VNT	C	0.26%
STEP	C	0.26%
KRC	B	0.26%
ELAN	D	0.26%
PLAB	C	0.25%
KYMR	D	0.25%
NTRA	A	0.25%
BLDR	D	0.25%
VRTS	B	0.25%
AZEK	A	0.24%
PCTY	C	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%
TREX	C	0.23%
WFRD	D	0.22%
UFPI	C	0.22%
TDW	F	0.22%
CELH	F	0.22%
CRL	D	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%
BRZE	C	0.21%
RGEN	D	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%
THG	A	0.2%
EVRG	A	0.2%
CWEN	C	0.2%
NWE	B	0.19%
HAFC	B	0.19%
NFG	A	0.19%
BGNE	D	0.18%
AHH	D	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%
SRPT	F	0.16%
BWXT	B	0.16%
VERA	C	0.16%
FIX	A	0.16%
GMRE	F	0.15%
HIG	B	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%
NTLA	F	0.11%
MDGL	B	0.11%
ACAD	C	0.11%
CLDX	F	0.11%
IONS	F	0.11%
AKRO	B	0.11%
IDYA	F	0.1%
ANET	C	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 138 Positions Relative to IEDI

Symbol	Grade	Weight
HD	B	-12.26%
AMZN	C	-8.78%
COST	A	-8.55%
WMT	A	-7.56%
TJX	A	-4.58%
LOW	C	-4.3%
CMG	B	-2.85%
ORLY	B	-2.11%
MCD	D	-1.93%
TGT	F	-1.9%
SBUX	A	-1.86%
ROST	D	-1.83%
META	D	-1.68%
HLT	A	-1.31%
MAR	A	-1.29%
NKE	F	-1.1%
AZO	C	-1.08%
UBER	F	-1.02%
TSCO	D	-0.89%
DIS	B	-0.83%
YUM	D	-0.82%
KR	B	-0.81%
DRI	B	-0.74%
V	A	-0.72%
DASH	B	-0.7%
NFLX	A	-0.69%
CTAS	B	-0.61%
DG	F	-0.53%
DECK	A	-0.51%
WSM	C	-0.51%
RCL	A	-0.5%
ABNB	C	-0.48%
CPRT	B	-0.48%
FERG	B	-0.46%
DKS	D	-0.45%
DLTR	F	-0.44%
SQ	A	-0.44%
PYPL	B	-0.4%
SFM	A	-0.38%
BBY	D	-0.36%
SYY	D	-0.35%
STZ	D	-0.34%
CAVA	B	-0.32%
FAST	B	-0.31%
KMX	B	-0.31%
TPR	B	-0.27%
LYV	A	-0.24%
PG	C	-0.24%
EXPE	B	-0.24%
EBAY	D	-0.23%
ROL	B	-0.22%
INTU	B	-0.2%
LAD	A	-0.19%
UPS	C	-0.19%
TSN	B	-0.18%
CCL	A	-0.18%
GPC	D	-0.18%
WH	B	-0.17%
FIVE	F	-0.16%
MUSA	B	-0.16%
RH	C	-0.16%
FRPT	A	-0.15%
ACI	C	-0.15%
PINS	F	-0.15%
POOL	C	-0.15%
MTN	C	-0.15%
GME	C	-0.15%
CZR	F	-0.14%
MGM	D	-0.14%
TPX	B	-0.14%
GAP	C	-0.14%
SKX	D	-0.14%
H	B	-0.13%
HRB	D	-0.13%
TTWO	A	-0.13%
CL	D	-0.13%
ANF	F	-0.13%
ASO	F	-0.12%
SHAK	C	-0.12%
BOOT	C	-0.12%
OMC	C	-0.12%
EAT	A	-0.12%
CROX	D	-0.12%
VVV	D	-0.11%
BYD	B	-0.11%
FDX	B	-0.11%
MKC	C	-0.11%
KTB	B	-0.11%
TKO	A	-0.1%
AN	C	-0.1%
ABG	C	-0.1%
CHH	A	-0.1%
Z	A	-0.1%
CHE	D	-0.1%
W	D	-0.1%
SIG	B	-0.1%
GWW	B	-0.09%
RHP	B	-0.09%
MAS	D	-0.09%
AEO	F	-0.09%
M	F	-0.09%
HOOD	B	-0.09%
SJM	D	-0.08%
SNAP	D	-0.08%
JWN	D	-0.08%
HSIC	C	-0.08%
ALK	B	-0.08%
URBN	C	-0.08%
IPG	D	-0.08%
WEN	D	-0.08%
UAL	A	-0.08%
CLX	A	-0.07%
AFRM	A	-0.07%
FUN	C	-0.07%
MSGS	A	-0.07%
AAP	D	-0.07%
UHAL	D	-0.07%
FCFS	F	-0.07%
KSS	F	-0.07%
LNW	F	-0.07%
LYFT	C	-0.07%
WBA	F	-0.06%
PZZA	F	-0.06%
CPRI	F	-0.06%
LANC	C	-0.06%
CNK	C	-0.06%
EA	A	-0.06%
CAG	F	-0.06%
FL	F	-0.06%
IT	C	-0.06%
NYT	D	-0.06%
FOUR	A	-0.06%
AAL	B	-0.06%
RHI	C	-0.06%
RRR	F	-0.06%
CRI	F	-0.05%
HAS	D	-0.05%
LW	C	-0.05%