TMSL vs. JVAL ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Small-Mid Cap ETF (TMSL) to JPMorgan U.S. Value Factor ETF (JVAL)

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

$34.59

Average Daily Volume

71,985

Number of Holdings ^*

256

* may have additional holdings in another (foreign) market

JVAL

JPMorgan U.S. Value Factor ETF

JVAL Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Value Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent value factor characteristics.

Grade (RS Rating)

Last Trade

$45.18

Average Daily Volume

59,376

Number of Holdings ^*

362

* may have additional holdings in another (foreign) market

Performance

Period	TMSL	JVAL
30 Days	5.15%	2.83%
60 Days	5.62%	4.01%
90 Days	6.97%	5.07%
12 Months	34.59%	27.77%

60 Overlapping Holdings

Symbol	Grade	Weight in TMSL	Weight in JVAL	Overlap
AGCO	D	0.5%	0.17%	0.17%
ARMK	B	0.28%	0.13%	0.13%
AYI	B	0.27%	0.2%	0.2%
BBWI	C	0.38%	0.12%	0.12%
BERY	C	0.28%	0.19%	0.19%
BLDR	D	0.25%	0.25%	0.25%
BPOP	C	1.14%	0.21%	0.21%
BRX	A	0.43%	0.01%	0.01%
CF	A	0.53%	0.06%	0.06%
CRBG	B	0.58%	0.18%	0.18%
CWEN	C	0.2%	0.1%	0.1%
DOCU	B	0.71%	0.19%	0.19%
DOX	D	0.31%	0.22%	0.22%
DT	D	0.87%	0.06%	0.06%
EHC	B	0.45%	0.15%	0.15%
ENTG	D	0.52%	0.12%	0.12%
EPR	C	0.21%	0.18%	0.18%
EVRG	A	0.2%	0.24%	0.2%
FITB	B	0.35%	0.32%	0.32%
FMC	D	0.41%	0.12%	0.12%
GDDY	A	0.75%	0.32%	0.32%
GEN	B	0.64%	0.27%	0.27%
GLOB	B	0.24%	0.16%	0.16%
HBAN	A	0.56%	0.3%	0.3%
HII	F	0.75%	0.16%	0.16%
HST	C	0.25%	0.14%	0.14%
JBL	C	0.42%	0.29%	0.29%
KRC	B	0.26%	0.15%	0.15%
LDOS	C	0.65%	0.32%	0.32%
LPX	B	0.3%	0.12%	0.12%
NFG	A	0.19%	0.2%	0.19%
NVR	D	0.41%	0.2%	0.2%
NXST	C	0.35%	0.21%	0.21%
OC	A	0.3%	0.26%	0.26%
OMF	A	0.45%	0.21%	0.21%
PK	C	0.2%	0.14%	0.14%
PR	B	0.36%	0.13%	0.13%
PTC	B	0.36%	0.18%	0.18%
REG	A	0.36%	0.12%	0.12%
RGA	A	0.51%	0.09%	0.09%
RL	C	0.63%	0.22%	0.22%
RS	B	0.61%	0.26%	0.26%
RVTY	F	0.31%	0.14%	0.14%
SCI	B	0.25%	0.24%	0.24%
SSNC	B	0.75%	0.24%	0.24%
ST	F	0.46%	0.18%	0.18%
SWK	D	1.44%	0.12%	0.12%
TDC	D	0.14%	0.11%	0.11%
TFX	F	0.61%	0.07%	0.07%
THC	D	1.13%	0.21%	0.21%
TNL	A	0.4%	0.19%	0.19%
TOL	B	0.6%	0.25%	0.25%
TXT	D	1.17%	0.19%	0.19%
UHS	D	0.34%	0.2%	0.2%
VFC	C	0.39%	0.08%	0.08%
VOYA	B	0.67%	0.1%	0.1%
VTRS	A	0.5%	0.24%	0.24%
WAL	B	1.15%	0.22%	0.22%
WBS	A	0.8%	0.17%	0.17%
WU	F	0.62%	0.16%	0.16%

TMSL Overweight 196 Positions Relative to JVAL

Symbol	Grade	Weight
SEM	B	1.35%
FTI	A	1.23%
CPAY	A	1.23%
MKSI	C	1.19%
RNR	C	0.95%
REXR	F	0.84%
ESAB	C	0.81%
LAMR	C	0.79%
RPM	A	0.77%
BFAM	D	0.65%
INSM	C	0.59%
CUBE	C	0.59%
NTNX	B	0.59%
BDC	C	0.59%
NI	A	0.59%
VNO	C	0.58%
ZBRA	B	0.57%
SAIA	B	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%
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%
CVNA	B	0.5%
SUM	B	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%
DUOL	A	0.47%
BLX	B	0.46%
EQH	C	0.46%
EXAS	D	0.45%
TYL	B	0.45%
TTC	C	0.45%
MIDD	C	0.44%
MORN	B	0.44%
TOST	B	0.43%
HUBB	B	0.43%
RRC	B	0.43%
TKR	D	0.42%
PLNT	A	0.41%
LRN	A	0.41%
KFY	B	0.41%
HOLX	D	0.4%
EG	C	0.4%
AEE	A	0.39%
AWI	A	0.39%
FND	D	0.39%
DKNG	B	0.39%
BCO	F	0.39%
RYN	D	0.39%
SUI	C	0.38%
DPZ	C	0.38%
NCLH	B	0.37%
PHIN	A	0.37%
VRRM	F	0.37%
NWS	A	0.35%
PCVX	D	0.34%
RNA	C	0.34%
UPWK	B	0.33%
STGW	A	0.33%
FLO	D	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%
USFD	A	0.32%
MAIN	A	0.31%
SKWD	A	0.31%
MANH	D	0.3%
MOH	F	0.3%
POR	C	0.3%
HWM	A	0.29%
EVRI	A	0.29%
NBIX	C	0.29%
SHOO	F	0.29%
TECH	F	0.28%
OFG	B	0.28%
ASGN	F	0.28%
LSTR	D	0.28%
BJ	A	0.28%
FCN	F	0.28%
LPLA	A	0.27%
FTDR	B	0.27%
ATEN	A	0.27%
PAYO	A	0.27%
ELS	C	0.26%
CASY	A	0.26%
CPA	D	0.26%
VNT	C	0.26%
STEP	C	0.26%
ELF	C	0.26%
ELAN	D	0.26%
PFGC	B	0.25%
PLAB	C	0.25%
KYMR	D	0.25%
CHDN	B	0.25%
NTRA	A	0.25%
VRTS	B	0.25%
AZEK	A	0.24%
PCTY	C	0.24%
MTX	B	0.24%
MCB	B	0.24%
RVMD	C	0.24%
BLBD	D	0.24%
BOX	B	0.24%
CBOE	C	0.23%
CRNX	C	0.23%
BLD	D	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%
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%
SWN	C	0.2%
PRDO	B	0.2%
KEX	B	0.2%
THG	A	0.2%
TXRH	B	0.2%
NWE	B	0.19%
OLLI	D	0.19%
HAFC	B	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%
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%
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 302 Positions Relative to JVAL

Symbol	Grade	Weight
GOOGL	C	-2.17%
META	D	-2.12%
AVGO	D	-1.92%
AAPL	C	-1.87%
MSFT	D	-1.78%
UNH	B	-1.77%
CRM	B	-1.33%
ORCL	A	-1.24%
JNJ	C	-1.22%
APP	B	-0.87%
CAT	B	-0.85%
IBM	C	-0.84%
TXN	C	-0.82%
HD	B	-0.82%
INTU	B	-0.81%
QCOM	F	-0.79%
CSCO	B	-0.77%
CVX	A	-0.74%
AMAT	F	-0.7%
MRK	D	-0.66%
AMGN	F	-0.65%
C	A	-0.65%
PFE	F	-0.65%
T	A	-0.65%
INTC	C	-0.6%
ADI	D	-0.54%
GILD	C	-0.52%
PM	B	-0.52%
BMY	B	-0.51%
APH	A	-0.51%
LRCX	F	-0.51%
MDT	D	-0.51%
MO	A	-0.5%
CMCSA	B	-0.49%
COF	C	-0.48%
RTX	D	-0.48%
MRVL	B	-0.48%
CI	D	-0.47%
KLAC	F	-0.46%
ELV	F	-0.45%
BAC	A	-0.45%
GM	C	-0.44%
VRT	B	-0.43%
USB	A	-0.42%
MU	D	-0.42%
JCI	B	-0.42%
TFC	A	-0.41%
FDX	B	-0.41%
CMI	A	-0.4%
ROP	B	-0.4%
CVS	D	-0.4%
BK	A	-0.4%
PCAR	B	-0.39%
KMI	A	-0.39%
GD	D	-0.38%
PSX	C	-0.37%
TWLO	A	-0.37%
MPC	D	-0.36%
AIG	B	-0.36%
DELL	B	-0.36%
PRU	A	-0.35%
SYF	B	-0.34%
F	C	-0.34%
TGT	F	-0.34%
GRMN	B	-0.33%
ETR	B	-0.33%
GLW	B	-0.33%
CTSH	B	-0.33%
DHI	F	-0.32%
KR	B	-0.32%
HPQ	B	-0.32%
SPG	A	-0.32%
HPE	B	-0.32%
PAYC	B	-0.31%
NUE	C	-0.31%
SNA	A	-0.31%
DD	C	-0.31%
ZM	C	-0.31%
LHX	C	-0.31%
EBAY	D	-0.3%
DOV	A	-0.3%
LEN	D	-0.3%
PKG	A	-0.29%
PNR	A	-0.29%
ALSN	B	-0.29%
WDAY	B	-0.29%
STT	B	-0.29%
VICI	C	-0.28%
CFG	B	-0.28%
ED	C	-0.28%
JEF	A	-0.28%
MCHP	F	-0.28%
ON	D	-0.28%
UNM	A	-0.28%
WCC	B	-0.27%
PHM	D	-0.27%
EPAM	B	-0.27%
MTB	A	-0.27%
UAL	A	-0.27%
PPL	A	-0.27%
NTAP	C	-0.27%
DAL	B	-0.27%
FFIV	B	-0.27%
CACI	D	-0.26%
R	B	-0.26%
UTHR	C	-0.26%
IP	A	-0.26%
KHC	F	-0.26%
GIS	D	-0.26%
RF	A	-0.26%
TAP	C	-0.25%
PFG	D	-0.25%
FOXA	A	-0.25%
MRO	B	-0.25%
DGX	A	-0.25%
OMC	C	-0.25%
PEGA	B	-0.25%
VLO	C	-0.24%
TPR	B	-0.24%
LAD	A	-0.24%
CTRA	B	-0.24%
KBR	F	-0.24%
ADM	D	-0.24%
CDW	F	-0.24%
DBX	B	-0.24%
CMA	B	-0.23%
OGE	A	-0.23%
ORI	A	-0.23%
KIM	A	-0.23%
DRI	B	-0.23%
SAIC	F	-0.23%
NWSA	A	-0.23%
LYB	F	-0.23%
SNV	C	-0.23%
BBY	D	-0.23%
AMCR	C	-0.22%
TER	F	-0.22%
OHI	C	-0.22%
CCK	D	-0.22%
OSK	C	-0.22%
KEY	B	-0.22%
DOW	F	-0.22%
SNX	D	-0.22%
PNW	A	-0.22%
ALLY	C	-0.21%
AVT	C	-0.21%
GFS	C	-0.21%
DNB	B	-0.21%
BC	C	-0.21%
WSM	C	-0.21%
EXC	C	-0.21%
GPK	C	-0.21%
DKS	D	-0.21%
DLB	B	-0.21%
FNB	A	-0.21%
ZI	D	-0.21%
AKAM	D	-0.21%
MOS	F	-0.21%
SLGN	A	-0.21%
MSM	C	-0.2%
WHR	B	-0.2%
UGI	C	-0.2%
VZ	C	-0.2%
VAC	C	-0.2%
HIW	C	-0.2%
CAG	F	-0.2%
SWKS	F	-0.2%
JHG	B	-0.2%
AN	C	-0.2%
CNC	D	-0.2%
HRB	D	-0.2%
MTG	C	-0.2%
ARW	D	-0.19%
FAF	A	-0.19%
THO	B	-0.19%
COLB	B	-0.19%
GAP	C	-0.19%
FHN	A	-0.19%
GPN	B	-0.19%
OVV	B	-0.19%
GPC	D	-0.19%
ANSS	B	-0.19%
ZION	B	-0.19%
RHI	C	-0.19%
OLED	F	-0.19%
AGO	B	-0.19%
HUM	C	-0.19%
GNTX	C	-0.18%
BYD	B	-0.18%
MGM	D	-0.18%
CNH	C	-0.18%
PAG	B	-0.18%
M	F	-0.18%
IVZ	B	-0.18%
MTCH	D	-0.18%
ACI	C	-0.17%
CPB	D	-0.17%
ZBH	C	-0.17%
IPG	D	-0.17%
STWD	C	-0.17%
KSS	F	-0.17%
HOG	D	-0.17%
MAN	F	-0.17%
DV	C	-0.17%
CRUS	D	-0.16%
AXS	A	-0.16%
BWA	D	-0.16%
DINO	D	-0.16%
PVH	C	-0.16%
LKQ	F	-0.16%
LH	B	-0.16%
DXC	B	-0.16%
MUSA	B	-0.16%
LVS	B	-0.15%
PSN	D	-0.15%
PH	A	-0.15%
CRI	F	-0.15%
PB	B	-0.15%
JWN	D	-0.15%
INGR	C	-0.15%
CXT	C	-0.14%
VRSN	C	-0.14%
QRVO	F	-0.14%
BG	D	-0.14%
FIS	C	-0.14%
DG	F	-0.14%
CLVT	D	-0.14%
WEN	D	-0.14%
G	B	-0.14%
SJM	D	-0.14%
IPGP	D	-0.14%
BEN	C	-0.14%
PATH	C	-0.13%
PNC	B	-0.13%
GLPI	C	-0.13%
MDU	D	-0.13%
OKTA	C	-0.13%
GTES	A	-0.13%
BAX	F	-0.13%
DVN	F	-0.13%
POOL	C	-0.13%
OZK	B	-0.13%
JAZZ	B	-0.13%
WH	B	-0.13%
LEA	F	-0.13%
FHB	B	-0.13%
WPC	C	-0.12%
FBIN	D	-0.12%
NWL	C	-0.12%
U	C	-0.12%
PARA	C	-0.12%
POST	C	-0.12%
APTV	F	-0.12%
SON	F	-0.12%
CROX	D	-0.11%
LEG	F	-0.11%
AGNC	C	-0.11%
CNXC	F	-0.11%
PINC	B	-0.11%
BSY	F	-0.11%
INFA	D	-0.11%
RPRX	D	-0.11%
CUZ	B	-0.11%
ADTN	A	-0.11%
TSN	B	-0.1%
CIVI	D	-0.1%
AAP	D	-0.1%
SIRI	C	-0.1%
AGR	A	-0.1%
HRL	D	-0.1%
IAC	F	-0.1%
SNDR	B	-0.1%
COLM	C	-0.1%
SPB	C	-0.1%
DDS	B	-0.1%
NNN	C	-0.1%
PRGO	C	-0.1%
PPC	C	-0.09%
MPW	F	-0.09%
PII	F	-0.09%
D	C	-0.09%
BOKF	B	-0.09%
SEE	C	-0.09%
LNC	C	-0.08%
MTN	C	-0.08%
FTRE	D	-0.07%
AMKR	D	-0.07%
OGN	F	-0.06%
BDX	F	-0.06%
FANG	C	-0.06%
HSIC	C	-0.06%
SOLV	D	-0.05%
AL	B	-0.05%
EQR	C	-0.04%
CE	F	-0.04%
NVT	B	-0.04%
UHAL	D	-0.04%
HUN	F	-0.03%
CLF	F	-0.02%
CPRI	F	-0.01%
ALGM	D	-0.0%
LOPE	C	-0.0%