TMSL vs. VFMF ETF Comparison

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

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

$34.22

Average Daily Volume

69,723

Number of Holdings ^*

256

* may have additional holdings in another (foreign) market

VFMF

Vanguard U.S. Multifactor ETF

VFMF Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$137.62

Average Daily Volume

9,550

Number of Holdings ^*

470

* may have additional holdings in another (foreign) market

Performance

Period	TMSL	VFMF
30 Days	3.44%	2.85%
60 Days	4.23%	5.00%
90 Days	7.83%	7.61%
12 Months	33.49%	30.85%

70 Overlapping Holdings

Symbol	Grade	Weight in TMSL	Weight in VFMF	Overlap
ALKS	C	0.21%	0.17%	0.17%
AMAL	B	0.14%	0.39%	0.14%
ANET	D	0.1%	0.5%	0.1%
ATEN	A	0.27%	0.03%	0.03%
AYI	B	0.27%	0.26%	0.26%
BERY	C	0.28%	0.03%	0.03%
BJ	B	0.28%	0.05%	0.05%
BLD	F	0.23%	0.19%	0.19%
BLDR	F	0.25%	0.12%	0.12%
BLX	B	0.46%	0.18%	0.18%
BPOP	C	1.14%	0.67%	0.67%
CASY	A	0.26%	0.05%	0.05%
CBOE	C	0.23%	0.34%	0.23%
CF	A	0.53%	0.16%	0.16%
COOP	B	0.47%	0.17%	0.17%
CPAY	A	1.23%	0.23%	0.23%
CRBG	B	0.58%	0.15%	0.15%
CVLT	A	0.15%	0.14%	0.14%
DOLE	D	0.32%	0.07%	0.07%
DOX	D	0.31%	0.1%	0.1%
EME	A	0.54%	0.22%	0.22%
ENS	D	0.17%	0.14%	0.14%
EQH	B	0.46%	0.2%	0.2%
ESAB	B	0.81%	0.15%	0.15%
EWBC	A	0.48%	0.59%	0.48%
FBP	B	0.52%	0.5%	0.5%
FITB	B	0.35%	0.39%	0.35%
FIX	A	0.16%	0.16%	0.16%
FLO	D	0.33%	0.06%	0.06%
FTI	A	1.23%	0.14%	0.14%
GEO	A	0.32%	0.04%	0.04%
HAFC	B	0.19%	0.13%	0.13%
HIG	A	0.15%	0.7%	0.15%
JBL	C	0.42%	0.24%	0.24%
KEX	A	0.2%	0.16%	0.16%
LDOS	C	0.65%	0.15%	0.15%
LPX	B	0.3%	0.21%	0.21%
LRN	A	0.41%	0.1%	0.1%
NVR	D	0.41%	0.18%	0.18%
NWS	B	0.35%	0.36%	0.35%
NXST	D	0.35%	0.04%	0.04%
OC	A	0.3%	0.44%	0.3%
OFG	B	0.28%	0.64%	0.28%
OMF	A	0.45%	0.46%	0.45%
PATK	C	0.56%	0.18%	0.18%
PFGC	B	0.25%	0.15%	0.15%
PHIN	A	0.37%	0.24%	0.24%
PLAB	C	0.25%	0.17%	0.17%
PLUS	F	0.16%	0.18%	0.16%
PR	B	0.36%	0.16%	0.16%
PRDO	B	0.2%	0.34%	0.2%
RL	C	0.63%	0.19%	0.19%
RNR	C	0.95%	0.06%	0.06%
RRC	B	0.43%	0.03%	0.03%
RS	B	0.61%	0.11%	0.11%
SHOO	D	0.29%	0.04%	0.04%
STGW	B	0.33%	0.04%	0.04%
STLD	B	0.54%	0.18%	0.18%
STNG	D	0.52%	0.18%	0.18%
THC	C	1.13%	0.2%	0.2%
TNL	B	0.4%	0.15%	0.15%
TOL	B	0.6%	0.25%	0.25%
UFPI	C	0.22%	0.37%	0.22%
UHS	D	0.34%	0.1%	0.1%
VFC	C	0.39%	0.07%	0.07%
VNT	C	0.26%	0.13%	0.13%
VTRS	A	0.5%	0.04%	0.04%
WFRD	F	0.22%	0.22%	0.22%
WTTR	A	0.15%	0.23%	0.15%
WU	F	0.62%	0.06%	0.06%

TMSL Overweight 186 Positions Relative to VFMF

Symbol	Grade	Weight
SWK	F	1.44%
SEM	B	1.35%
MKSI	C	1.19%
TXT	D	1.17%
WAL	B	1.15%
DT	D	0.87%
REXR	F	0.84%
WBS	A	0.8%
LAMR	D	0.79%
RPM	B	0.77%
SSNC	C	0.75%
GDDY	A	0.75%
HII	F	0.75%
DOCU	B	0.71%
VOYA	B	0.67%
BFAM	F	0.65%
GEN	B	0.64%
TFX	F	0.61%
INSM	C	0.59%
CUBE	D	0.59%
NTNX	B	0.59%
BDC	B	0.59%
NI	A	0.59%
VNO	C	0.58%
ZBRA	B	0.57%
SAIA	C	0.56%
HBAN	B	0.56%
SITE	F	0.55%
OPCH	F	0.54%
BURL	B	0.53%
ENTG	F	0.52%
XPRO	F	0.52%
RGA	B	0.51%
MNDY	D	0.51%
WYNN	D	0.51%
MWA	B	0.51%
WING	F	0.5%
CVNA	B	0.5%
SUM	B	0.5%
AGCO	F	0.5%
CW	B	0.49%
IOT	A	0.49%
CLH	C	0.48%
APG	C	0.48%
WSC	F	0.48%
DUOL	A	0.47%
ST	F	0.46%
EXAS	D	0.45%
TYL	B	0.45%
TTC	F	0.45%
EHC	B	0.45%
MIDD	D	0.44%
MORN	B	0.44%
TOST	A	0.43%
BRX	A	0.43%
HUBB	B	0.43%
TKR	F	0.42%
PLNT	A	0.41%
KFY	B	0.41%
FMC	D	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%
BBWI	C	0.38%
SUI	C	0.38%
DPZ	C	0.38%
NCLH	B	0.37%
VRRM	F	0.37%
REG	A	0.36%
PTC	B	0.36%
PCVX	D	0.34%
RNA	C	0.34%
UPWK	C	0.33%
ULTA	F	0.33%
DRH	B	0.32%
BPMC	C	0.32%
KMPR	A	0.32%
USFD	A	0.32%
MAIN	A	0.31%
SKWD	A	0.31%
RVTY	D	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%
TECH	F	0.28%
ASGN	F	0.28%
LSTR	D	0.28%
ARMK	B	0.28%
FCN	D	0.28%
LPLA	A	0.27%
FTDR	A	0.27%
PAYO	A	0.27%
ELS	B	0.26%
CPA	A	0.26%
STEP	B	0.26%
KRC	C	0.26%
ELF	C	0.26%
ELAN	D	0.26%
HST	D	0.25%
KYMR	D	0.25%
SCI	B	0.25%
CHDN	B	0.25%
NTRA	A	0.25%
VRTS	B	0.25%
AZEK	B	0.24%
PCTY	B	0.24%
MTX	C	0.24%
MCB	B	0.24%
GLOB	C	0.24%
RVMD	B	0.24%
BLBD	F	0.24%
BOX	B	0.24%
CRNX	B	0.23%
OIS	B	0.23%
RDDT	A	0.23%
EEFT	C	0.23%
CTLT	D	0.23%
TREX	C	0.23%
TDW	F	0.22%
CELH	F	0.22%
CRL	D	0.22%
ESS	B	0.22%
ALV	C	0.22%
EPR	D	0.21%
ONON	B	0.21%
LSCC	F	0.21%
VRNT	D	0.21%
BRZE	C	0.21%
RGEN	D	0.21%
WFG	C	0.21%
LPRO	C	0.21%
PK	D	0.2%
SWN	C	0.2%
THG	A	0.2%
TXRH	B	0.2%
EVRG	A	0.2%
CWEN	C	0.2%
NWE	C	0.19%
OLLI	D	0.19%
NFG	A	0.19%
BGNE	D	0.18%
AHH	D	0.18%
LUV	B	0.18%
LEGN	D	0.18%
RARE	F	0.18%
PBH	A	0.17%
TW	A	0.17%
WDC	F	0.17%
AVNT	B	0.16%
BFS	C	0.16%
AVY	D	0.16%
REPL	C	0.16%
SRPT	F	0.16%
BWXT	B	0.16%
VERA	C	0.16%
GMRE	F	0.15%
XRAY	D	0.15%
CNP	A	0.15%
NRIX	C	0.14%
TDC	D	0.14%
ESNT	D	0.13%
ACM	B	0.12%
XNCR	B	0.12%
ASND	F	0.12%
NTLA	F	0.11%
MDGL	C	0.11%
ACAD	C	0.11%
CLDX	D	0.11%
IONS	F	0.11%
AKRO	C	0.11%
IDYA	F	0.1%
APPF	C	0.08%
RCKT	F	0.08%
BXC	B	0.08%
PRTA	F	0.07%
SRRK	B	0.06%
PLRX	D	0.06%
SWTX	C	0.04%

TMSL Underweight 400 Positions Relative to VFMF

Symbol	Grade	Weight
WFC	A	-1.25%
AFL	C	-1.08%
AIG	D	-1.02%
BK	B	-0.98%
ABBV	F	-0.93%
GOOG	B	-0.9%
MMM	D	-0.9%
VLO	C	-0.85%
MPC	C	-0.83%
QCOM	F	-0.82%
HCA	F	-0.82%
AXP	B	-0.82%
META	C	-0.82%
PM	A	-0.81%
MO	A	-0.78%
AMAT	F	-0.78%
WMT	A	-0.78%
T	A	-0.77%
TMUS	B	-0.75%
APO	B	-0.74%
KR	B	-0.73%
PHM	D	-0.72%
JPM	B	-0.72%
MLI	B	-0.71%
MCK	A	-0.71%
MTG	C	-0.71%
SYF	B	-0.71%
TGT	F	-0.65%
LMT	D	-0.64%
NVDA	A	-0.63%
IBM	C	-0.61%
FANG	C	-0.6%
KMB	C	-0.59%
CFG	B	-0.57%
FDX	B	-0.54%
CAH	B	-0.53%
COST	A	-0.52%
BKNG	A	-0.52%
VZ	C	-0.52%
KLAC	F	-0.52%
BCC	C	-0.52%
EOG	A	-0.51%
FI	A	-0.51%
CI	D	-0.5%
GOOGL	B	-0.5%
CAT	C	-0.48%
XOM	A	-0.47%
MRK	F	-0.46%
CL	D	-0.46%
COLL	F	-0.46%
ORI	A	-0.45%
HRB	D	-0.45%
GM	B	-0.44%
TT	A	-0.44%
GILD	B	-0.43%
AZO	C	-0.43%
TJX	A	-0.42%
SLM	A	-0.41%
CNO	B	-0.4%
PVH	D	-0.39%
JNJ	D	-0.38%
UTHR	C	-0.37%
RTX	D	-0.36%
KELYA	F	-0.36%
INGR	B	-0.35%
ANDE	F	-0.34%
CBSH	B	-0.34%
EIG	B	-0.34%
IBOC	B	-0.34%
WRB	A	-0.33%
CVX	A	-0.33%
SCS	B	-0.32%
AMG	B	-0.32%
CPF	B	-0.31%
NMIH	C	-0.31%
ALSN	B	-0.3%
CASH	B	-0.3%
NTB	B	-0.3%
SIG	C	-0.3%
GIII	F	-0.3%
ACT	D	-0.29%
GFF	A	-0.29%
PRI	B	-0.28%
WSM	C	-0.28%
SRCE	B	-0.28%
CALM	A	-0.28%
UNM	A	-0.28%
TK	C	-0.27%
PSX	C	-0.27%
FCX	F	-0.26%
DHI	D	-0.26%
EAT	A	-0.26%
SKX	F	-0.26%
TPC	C	-0.26%
MHO	D	-0.25%
FCF	B	-0.25%
PFBC	B	-0.25%
WSFS	B	-0.24%
ASO	F	-0.24%
NSIT	F	-0.24%
STT	A	-0.23%
VIRT	A	-0.23%
MLKN	F	-0.23%
DELL	C	-0.23%
FNF	D	-0.23%
M	F	-0.22%
MHK	D	-0.22%
MBIN	F	-0.22%
COP	B	-0.22%
RDN	D	-0.21%
GNW	A	-0.21%
SIGA	F	-0.21%
THO	C	-0.21%
CVCO	A	-0.2%
AMKR	F	-0.2%
AX	B	-0.2%
CAL	F	-0.2%
SPOT	A	-0.2%
AMWD	B	-0.2%
ASC	D	-0.2%
PPC	B	-0.2%
GMS	B	-0.2%
PGR	B	-0.2%
CROX	F	-0.2%
JEF	A	-0.19%
AMRX	C	-0.19%
AHCO	D	-0.19%
ATGE	B	-0.19%
HPQ	B	-0.19%
HWKN	B	-0.19%
PKG	A	-0.19%
BOKF	B	-0.19%
CRM	B	-0.19%
LEN	D	-0.19%
VCTR	B	-0.18%
TILE	A	-0.18%
IMKTA	C	-0.18%
BELFB	D	-0.18%
REVG	B	-0.18%
COKE	C	-0.18%
TEX	D	-0.18%
IESC	B	-0.18%
PINC	B	-0.18%
TMHC	C	-0.18%
CNOB	B	-0.18%
HP	C	-0.18%
SKYW	B	-0.17%
DLX	B	-0.17%
CTRA	B	-0.17%
AEO	F	-0.17%
URI	B	-0.17%
MRC	B	-0.17%
AMP	A	-0.17%
AIT	B	-0.17%
NTAP	C	-0.17%
COR	B	-0.17%
AGO	A	-0.17%
WMK	B	-0.16%
BV	C	-0.16%
STBA	B	-0.16%
TBBK	B	-0.16%
R	B	-0.16%
DECK	A	-0.16%
IDT	B	-0.16%
CR	A	-0.16%
BG	D	-0.16%
KD	A	-0.16%
DVA	C	-0.16%
BAC	A	-0.16%
GNK	C	-0.16%
OMI	F	-0.16%
KBH	D	-0.16%
SFM	B	-0.16%
SXC	A	-0.16%
ASB	B	-0.16%
RMD	C	-0.15%
CHRD	F	-0.15%
KTB	B	-0.15%
DHT	D	-0.15%
CRC	A	-0.15%
PYPL	B	-0.15%
SNA	B	-0.15%
MEDP	F	-0.15%
DKS	D	-0.15%
SCSC	B	-0.15%
SLVM	B	-0.15%
CHCO	B	-0.15%
WABC	B	-0.14%
DAKT	B	-0.14%
ETD	D	-0.14%
NR	B	-0.14%
AN	D	-0.14%
CNXN	D	-0.14%
ABCB	B	-0.14%
TNK	F	-0.14%
TPR	B	-0.14%
MCY	B	-0.14%
BBW	B	-0.14%
PUMP	D	-0.14%
MUSA	B	-0.14%
CMC	B	-0.14%
LNTH	C	-0.14%
PCAR	C	-0.13%
SPOK	B	-0.13%
NUE	D	-0.13%
MUR	D	-0.13%
HBI	A	-0.13%
EXPE	B	-0.13%
HCC	B	-0.13%
SM	C	-0.13%
TPH	D	-0.13%
NMRK	C	-0.13%
INSW	F	-0.12%
DNOW	B	-0.12%
RCL	A	-0.12%
PTGX	D	-0.12%
KNTK	A	-0.12%
ROCK	D	-0.12%
BHLB	B	-0.12%
WCC	B	-0.12%
ZEUS	C	-0.12%
FIBK	A	-0.12%
PSTG	F	-0.12%
CBU	B	-0.12%
CPRX	C	-0.12%
SSD	D	-0.12%
HWC	B	-0.12%
CTSH	B	-0.12%
UA	C	-0.12%
CYH	F	-0.12%
OGN	F	-0.12%
IMMR	F	-0.12%
URBN	D	-0.12%
AGX	B	-0.12%
SPTN	F	-0.11%
PH	B	-0.11%
SCHL	F	-0.11%
EXP	B	-0.11%
HALO	F	-0.11%
LPG	F	-0.11%
SBSI	B	-0.11%
CEIX	B	-0.11%
REX	D	-0.11%
CNX	A	-0.11%
AMR	C	-0.11%
MATX	B	-0.11%
ITRI	B	-0.1%
GPC	F	-0.1%
MPWR	F	-0.1%
GRBK	D	-0.1%
QCRH	B	-0.1%
WHD	B	-0.1%
FLWS	D	-0.1%
JXN	C	-0.1%
VERX	A	-0.1%
LYB	F	-0.1%
SANM	B	-0.1%
CDNA	D	-0.1%
AZZ	A	-0.1%
CRVL	A	-0.09%
GRND	A	-0.09%
ARW	D	-0.09%
APOG	B	-0.09%
OXM	F	-0.09%
SWKS	F	-0.09%
NAVI	F	-0.09%
GPOR	A	-0.09%
WLY	B	-0.09%
MOG.A	B	-0.09%
DXPE	B	-0.09%
JELD	F	-0.09%
INDB	B	-0.09%
FDP	A	-0.08%
PSMT	D	-0.08%
SFNC	B	-0.08%
MTDR	B	-0.08%
GAP	D	-0.08%
ARCB	C	-0.08%
SD	D	-0.08%
HSTM	B	-0.08%
ACCO	B	-0.08%
UPBD	C	-0.08%
CACI	D	-0.07%
WMS	F	-0.07%
OVV	B	-0.07%
USAP	B	-0.07%
CNA	C	-0.07%
DESP	A	-0.07%
EBAY	D	-0.07%
MTUS	D	-0.07%
ZIMV	F	-0.07%
CTAS	B	-0.07%
PLPC	B	-0.07%
EPC	F	-0.07%
BBSI	A	-0.07%
HIMS	C	-0.07%
HVT	F	-0.07%
CG	B	-0.07%
LEN	D	-0.07%
JWN	D	-0.07%
STRL	B	-0.07%
NTGR	B	-0.07%
IDCC	B	-0.07%
CNM	C	-0.07%
RES	D	-0.07%
LZB	B	-0.07%
MTH	D	-0.07%
CSL	C	-0.07%
FN	C	-0.06%
NHC	C	-0.06%
UTI	B	-0.06%
LOPE	B	-0.06%
GOGL	D	-0.06%
C	B	-0.06%
CENTA	C	-0.06%
JILL	D	-0.06%
CIVI	F	-0.06%
FRME	B	-0.06%
CATY	B	-0.06%
CRUS	F	-0.06%
BWA	D	-0.06%
HNI	A	-0.06%
AMZN	B	-0.06%
PFG	C	-0.06%
NAT	F	-0.06%
AGM	B	-0.06%
OSUR	F	-0.05%
TCBI	B	-0.05%
GRNT	B	-0.05%
CLW	F	-0.05%
NOG	A	-0.05%
BKE	B	-0.05%
LBRT	F	-0.05%
UFPT	C	-0.05%
SCVL	F	-0.05%
NX	C	-0.05%
BBY	D	-0.05%
SN	D	-0.05%
MET	A	-0.05%
DASH	B	-0.05%
BTU	B	-0.05%
ZUMZ	C	-0.05%
SUPN	B	-0.05%
CBT	C	-0.05%
YOU	D	-0.05%
PRK	B	-0.05%
MD	C	-0.05%
ADMA	B	-0.05%
CRS	A	-0.05%
LQDT	B	-0.05%
OSBC	A	-0.05%
LYTS	B	-0.05%
SMLR	A	-0.04%
CTS	C	-0.04%
HOV	D	-0.04%
HEES	C	-0.04%
WGO	D	-0.04%
GOLF	B	-0.04%
HSII	B	-0.04%
SXI	B	-0.04%
BKU	A	-0.04%
KFRC	D	-0.04%
MCRI	A	-0.04%
MBUU	C	-0.04%
MGY	A	-0.04%
NSSC	F	-0.04%
TNC	F	-0.04%
WEX	F	-0.04%
PRMW	C	-0.04%
EFSC	B	-0.04%
CRAI	B	-0.04%
HPE	B	-0.04%
GPI	B	-0.03%
GPK	D	-0.03%
UVSP	B	-0.03%
BSIG	A	-0.03%
BYD	B	-0.03%
STRA	C	-0.03%
PRLB	B	-0.03%
KMT	C	-0.03%
MOV	D	-0.03%
CCRN	F	-0.03%
HFWA	B	-0.03%
BRY	F	-0.03%
EPAC	B	-0.03%
TPL	A	-0.03%
TCBK	B	-0.03%
WNC	D	-0.03%
DDS	B	-0.03%
INGN	C	-0.02%
VRA	D	-0.02%
RGP	F	-0.02%
ATKR	D	-0.02%
BUSE	B	-0.02%
MAN	F	-0.02%
PEBO	B	-0.02%
FFIV	A	-0.02%
SB	F	-0.02%
ADTN	B	-0.02%
MBWM	B	-0.02%