TMSL vs. USMF ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Small-Mid Cap ETF (TMSL) to WisdomTree U.S. Multifactor Fund (USMF)

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

$34.69

Average Daily Volume

74,374

Number of Holdings ^*

256

* may have additional holdings in another (foreign) market

USMF

WisdomTree U.S. Multifactor Fund

USMF Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Multifactor Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is generally comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors (value and quality measures) and two technical factors (momentum and correlation). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.37

Average Daily Volume

25,306

Number of Holdings ^*

199

* may have additional holdings in another (foreign) market

Performance

Period	TMSL	USMF
30 Days	7.83%	6.39%
60 Days	7.33%	7.88%
90 Days	8.82%	8.72%
12 Months	36.92%	32.34%

29 Overlapping Holdings

Symbol	Grade	Weight in TMSL	Weight in USMF	Overlap
ARMK	B	0.28%	0.69%	0.28%
BERY	B	0.28%	0.34%	0.28%
CBOE	B	0.23%	0.33%	0.23%
CVLT	B	0.15%	1.01%	0.15%
DOCU	A	0.71%	1.02%	0.71%
DT	C	0.87%	0.92%	0.87%
EHC	B	0.45%	0.44%	0.44%
ELS	C	0.26%	0.32%	0.26%
EME	C	0.54%	0.34%	0.34%
EWBC	A	0.48%	0.32%	0.32%
FCN	D	0.28%	0.24%	0.24%
FMC	D	0.41%	0.18%	0.18%
GDDY	A	0.75%	1.49%	0.75%
GEN	B	0.64%	1.03%	0.64%
HIG	B	0.15%	0.39%	0.15%
HII	D	0.75%	0.23%	0.23%
HOLX	D	0.4%	0.42%	0.4%
LDOS	C	0.65%	0.52%	0.52%
LPX	B	0.3%	0.29%	0.29%
NBIX	C	0.29%	0.25%	0.25%
NTNX	A	0.59%	0.64%	0.59%
RGA	A	0.51%	0.34%	0.34%
SSNC	B	0.75%	0.36%	0.36%
THC	D	1.13%	0.28%	0.28%
TXRH	C	0.2%	0.81%	0.2%
TYL	C	0.45%	1.12%	0.45%
UHS	D	0.34%	0.31%	0.31%
VOYA	B	0.67%	0.35%	0.35%
VTRS	A	0.5%	0.32%	0.32%

TMSL Overweight 227 Positions Relative to USMF

Symbol	Grade	Weight
SWK	D	1.44%
SEM	B	1.35%
FTI	A	1.23%
CPAY	A	1.23%
MKSI	C	1.19%
TXT	D	1.17%
WAL	B	1.15%
BPOP	B	1.14%
RNR	C	0.95%
REXR	F	0.84%
ESAB	B	0.81%
WBS	A	0.8%
LAMR	D	0.79%
RPM	A	0.77%
BFAM	D	0.65%
RL	B	0.63%
WU	D	0.62%
TFX	F	0.61%
RS	B	0.61%
TOL	B	0.6%
INSM	C	0.59%
CUBE	D	0.59%
BDC	B	0.59%
NI	A	0.59%
VNO	B	0.58%
CRBG	B	0.58%
ZBRA	B	0.57%
SAIA	B	0.56%
HBAN	A	0.56%
PATK	D	0.56%
SITE	D	0.55%
OPCH	D	0.54%
STLD	B	0.54%
CF	B	0.53%
BURL	A	0.53%
ENTG	D	0.52%
FBP	B	0.52%
XPRO	F	0.52%
STNG	F	0.52%
MNDY	C	0.51%
WYNN	D	0.51%
MWA	B	0.51%
WING	D	0.5%
CVNA	B	0.5%
SUM	B	0.5%
AGCO	D	0.5%
CW	B	0.49%
IOT	A	0.49%
CLH	B	0.48%
APG	B	0.48%
WSC	D	0.48%
COOP	B	0.47%
DUOL	A	0.47%
ST	F	0.46%
BLX	C	0.46%
EQH	B	0.46%
EXAS	D	0.45%
TTC	D	0.45%
OMF	A	0.45%
MIDD	C	0.44%
MORN	B	0.44%
TOST	B	0.43%
BRX	A	0.43%
HUBB	B	0.43%
RRC	B	0.43%
JBL	B	0.42%
TKR	D	0.42%
PLNT	A	0.41%
LRN	A	0.41%
KFY	B	0.41%
NVR	D	0.41%
TNL	A	0.4%
EG	C	0.4%
VFC	C	0.39%
AEE	A	0.39%
AWI	A	0.39%
FND	C	0.39%
DKNG	B	0.39%
BCO	D	0.39%
RYN	D	0.39%
BBWI	D	0.38%
SUI	D	0.38%
DPZ	C	0.38%
NCLH	B	0.37%
PHIN	A	0.37%
VRRM	D	0.37%
PR	B	0.36%
REG	B	0.36%
PTC	A	0.36%
NXST	C	0.35%
FITB	A	0.35%
NWS	A	0.35%
PCVX	D	0.34%
RNA	D	0.34%
UPWK	B	0.33%
STGW	B	0.33%
FLO	D	0.33%
ULTA	F	0.33%
DRH	B	0.32%
BPMC	C	0.32%
GEO	B	0.32%
KMPR	B	0.32%
DOLE	D	0.32%
USFD	A	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%
OC	A	0.3%
POR	C	0.3%
HWM	A	0.29%
EVRI	A	0.29%
SHOO	D	0.29%
TECH	D	0.28%
OFG	B	0.28%
ASGN	F	0.28%
LSTR	D	0.28%
BJ	A	0.28%
AYI	B	0.27%
LPLA	A	0.27%
FTDR	A	0.27%
ATEN	B	0.27%
PAYO	A	0.27%
CASY	A	0.26%
CPA	D	0.26%
VNT	B	0.26%
STEP	B	0.26%
KRC	C	0.26%
ELF	C	0.26%
ELAN	D	0.26%
PFGC	B	0.25%
PLAB	C	0.25%
HST	C	0.25%
KYMR	D	0.25%
SCI	B	0.25%
CHDN	B	0.25%
NTRA	B	0.25%
BLDR	D	0.25%
VRTS	B	0.25%
AZEK	A	0.24%
PCTY	B	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%
BLD	D	0.23%
OIS	C	0.23%
RDDT	B	0.23%
EEFT	B	0.23%
CTLT	B	0.23%
TREX	C	0.23%
WFRD	D	0.22%
UFPI	B	0.22%
TDW	F	0.22%
CELH	F	0.22%
CRL	C	0.22%
ESS	B	0.22%
ALV	C	0.22%
ALKS	B	0.21%
EPR	D	0.21%
ONON	A	0.21%
LSCC	D	0.21%
VRNT	C	0.21%
BRZE	C	0.21%
RGEN	D	0.21%
WFG	D	0.21%
LPRO	C	0.21%
PK	B	0.2%
SWN	D	0.2%
PRDO	B	0.2%
KEX	C	0.2%
THG	A	0.2%
EVRG	A	0.2%
CWEN	C	0.2%
NWE	A	0.19%
OLLI	D	0.19%
HAFC	A	0.19%
NFG	A	0.19%
BGNE	D	0.18%
AHH	D	0.18%
LUV	C	0.18%
LEGN	F	0.18%
RARE	D	0.18%
PBH	A	0.17%
ENS	D	0.17%
TW	A	0.17%
WDC	D	0.17%
PLUS	F	0.16%
AVNT	B	0.16%
BFS	C	0.16%
AVY	D	0.16%
REPL	B	0.16%
SRPT	D	0.16%
BWXT	B	0.16%
VERA	B	0.16%
FIX	A	0.16%
GMRE	F	0.15%
XRAY	F	0.15%
CNP	B	0.15%
WTTR	B	0.15%
NRIX	D	0.14%
TDC	D	0.14%
AMAL	B	0.14%
ESNT	D	0.13%
ACM	B	0.12%
XNCR	B	0.12%
ASND	D	0.12%
NTLA	F	0.11%
MDGL	B	0.11%
ACAD	D	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	B	0.06%
PLRX	F	0.06%
SWTX	C	0.04%

TMSL Underweight 170 Positions Relative to USMF

Symbol	Grade	Weight
APP	B	-1.61%
MSI	B	-1.52%
VRSN	F	-1.43%
CTSH	B	-1.38%
ROP	B	-1.35%
TDY	B	-1.34%
IBM	C	-1.32%
FFIV	B	-1.31%
TMUS	B	-1.29%
SNX	C	-1.17%
EA	A	-1.11%
FOXA	B	-1.09%
FICO	B	-1.08%
ZM	B	-1.07%
T	A	-1.05%
DBX	B	-1.02%
JNPR	F	-1.0%
CRM	B	-0.99%
AKAM	D	-0.96%
CMCSA	B	-0.93%
HPQ	A	-0.93%
NYT	C	-0.88%
FTNT	C	-0.88%
VZ	C	-0.87%
TJX	A	-0.85%
DIS	B	-0.82%
ORLY	B	-0.82%
WDAY	B	-0.81%
DRI	B	-0.79%
NTAP	C	-0.79%
EPAM	C	-0.76%
IPG	D	-0.75%
MUSA	A	-0.74%
AZO	C	-0.73%
LVS	C	-0.7%
EBAY	D	-0.68%
INFA	D	-0.66%
GM	B	-0.63%
HRB	D	-0.6%
EXPE	B	-0.53%
CRUS	D	-0.5%
COR	B	-0.49%
FSLR	F	-0.48%
MCK	B	-0.46%
ECL	D	-0.45%
CAH	B	-0.44%
EXEL	B	-0.43%
CACI	D	-0.43%
AMP	A	-0.43%
XOM	B	-0.43%
GILD	C	-0.43%
EOG	A	-0.42%
WM	A	-0.42%
BSX	B	-0.42%
FI	A	-0.42%
JNJ	D	-0.42%
ADP	B	-0.41%
UTHR	C	-0.41%
DGX	A	-0.41%
ETR	B	-0.4%
INGR	B	-0.4%
RSG	A	-0.4%
ABT	B	-0.4%
IBKR	A	-0.4%
RJF	A	-0.4%
COP	C	-0.4%
LMT	D	-0.4%
ADTN	A	-0.4%
BR	A	-0.39%
JPM	A	-0.39%
L	A	-0.39%
DOV	A	-0.39%
ANF	C	-0.39%
WFC	A	-0.39%
GPK	C	-0.38%
LH	C	-0.38%
VRSK	A	-0.38%
UNM	A	-0.38%
ZBH	C	-0.38%
CME	A	-0.37%
BRK.A	B	-0.37%
PPC	C	-0.37%
ABBV	D	-0.37%
PCAR	B	-0.37%
ALSN	B	-0.37%
CCK	C	-0.37%
CHE	D	-0.37%
TRV	B	-0.37%
ALL	A	-0.36%
BRO	B	-0.36%
AIZ	A	-0.36%
LHX	C	-0.36%
ACI	C	-0.36%
CINF	A	-0.36%
BMY	B	-0.36%
RLI	B	-0.36%
MRO	B	-0.35%
AFL	B	-0.35%
PRI	A	-0.35%
ORI	A	-0.35%
WMT	A	-0.35%
CNA	B	-0.35%
PGR	A	-0.35%
GAP	B	-0.35%
J	F	-0.34%
MO	A	-0.34%
AIG	B	-0.34%
AXP	A	-0.34%
OGE	B	-0.34%
KR	B	-0.34%
MSA	D	-0.34%
MRK	F	-0.34%
MLI	C	-0.34%
WRB	A	-0.33%
NTRS	A	-0.33%
MKL	A	-0.33%
HAL	C	-0.33%
SYF	B	-0.32%
PG	A	-0.32%
MTB	A	-0.32%
TAP	C	-0.32%
VLO	C	-0.32%
GLPI	C	-0.32%
PCG	A	-0.31%
SYY	B	-0.31%
DE	A	-0.31%
NNN	D	-0.31%
KMB	D	-0.31%
HCA	F	-0.31%
DVN	F	-0.31%
VICI	C	-0.31%
TMO	F	-0.31%
BAH	F	-0.31%
CBSH	A	-0.31%
ELV	F	-0.3%
SAIC	F	-0.3%
FRT	B	-0.3%
POST	C	-0.3%
REYN	D	-0.3%
PNW	B	-0.3%
DUK	C	-0.3%
RYAN	B	-0.29%
SFM	A	-0.29%
MPC	D	-0.29%
MTG	C	-0.29%
CRS	A	-0.29%
CL	D	-0.29%
FCNCA	A	-0.28%
CI	F	-0.28%
MAS	D	-0.28%
REGN	F	-0.28%
EIX	B	-0.28%
AEP	D	-0.27%
GIS	D	-0.27%
WPC	D	-0.27%
DVA	B	-0.27%
CAG	D	-0.26%
FDX	B	-0.26%
KHC	F	-0.26%
CNC	D	-0.25%
DINO	D	-0.25%
PYPL	B	-0.23%
HALO	F	-0.23%
PAYC	B	-0.23%
AMT	D	-0.22%
APA	D	-0.22%
MMM	D	-0.21%
BMRN	D	-0.2%
GL	B	-0.14%
LNTH	D	-0.13%