TSPA vs. DFND ETF Comparison

Comparison of T. Rowe Price U.S. Equity Research ETF (TSPA) to Realty Shares DIVCON Dividend Defender ETF (DFND)

TSPA

T. Rowe Price U.S. Equity Research ETF

TSPA Description

Blue Safari Group Acquisition Corp. intends to acquire assets and businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. It focuses on pursuing opportunities in fintech, infotech, insurtech, and business services. The company was incorporated in 2021 and is based in Central, Hong Kong.

Grade (RS Rating)

Last Trade

$36.07

Average Daily Volume

145,202

Number of Holdings ^*

329

* may have additional holdings in another (foreign) market

DFND

Realty Shares DIVCON Dividend Defender ETF

DFND Description

The investment seeks long-term capital appreciation by tracking the performance, before fees and expenses, of the Reality Shares DIVCON Dividend Defender Index. The index is designed to select the companies for a long position that have the highest probability of increasing their dividend in a 12-month period and select the companies for a short position that have the highest probability of decreasing their dividend in a 12-month period. Under normal circumstances, at least 80% of the fund's assets (other than collateral held from securities lending, if any) will be invested in component securities of the benchmark index. It is non-diversified.

Grade (RS Rating)

Last Trade

$42.36

Average Daily Volume

325

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TSPA	DFND
30 Days	4.16%	7.38%
60 Days	11.19%	8.05%
90 Days	2.76%	10.17%
12 Months	38.67%	16.49%

43 Overlapping Holdings

Symbol	Grade	Weight in TSPA	Weight in DFND	Overlap
AAPL	C	6.77%	0.96%	0.96%
ACN	B	0.57%	0.33%	0.33%
ADI	B	0.13%	1.5%	0.13%
AMAT	C	0.14%	1.76%	0.14%
AVGO	B	1.5%	0.87%	0.87%
BR	B	0.1%	0.7%	0.1%
CB	A	0.45%	1.41%	0.45%
CBOE	B	0.12%	1.29%	0.12%
CMCSA	B	0.43%	1.1%	0.43%
CME	A	0.03%	1.22%	0.03%
CMI	A	0.27%	1.88%	0.27%
CNP	B	0.14%	-2.49%	-2.49%
COST	C	0.83%	1.15%	0.83%
CSCO	A	0.26%	1.38%	0.26%
CTAS	C	0.11%	2.44%	0.11%
D	A	0.17%	-3.02%	-3.02%
DVN	F	0.02%	-1.12%	-1.12%
F	D	0.01%	-2.35%	-2.35%
FCX	B	0.2%	-2.22%	-2.22%
FDS	C	0.01%	2.07%	0.01%
HON	C	0.37%	1.31%	0.37%
HUBB	A	0.11%	1.24%	0.11%
INTU	F	0.36%	0.69%	0.36%
KLAC	B	0.48%	2.96%	0.48%
LIN	C	0.68%	1.28%	0.68%
LMT	A	0.02%	2.23%	0.02%
LUV	B	0.05%	-1.88%	-1.88%
MA	A	0.85%	1.67%	0.85%
MCD	A	0.5%	2.25%	0.5%
MCHP	F	0.1%	0.1%	0.1%
MCO	D	0.14%	1.83%	0.14%
MMC	D	0.25%	1.23%	0.25%
MPC	D	0.29%	2.19%	0.29%
MPWR	B	0.11%	2.12%	0.11%
MSCI	B	0.07%	1.27%	0.07%
MSFT	D	7.31%	1.01%	1.01%
NDSN	C	0.02%	2.28%	0.02%
ODFL	F	0.31%	0.78%	0.31%
PG	D	0.85%	2.37%	0.85%
ROK	D	0.17%	1.56%	0.17%
SHW	C	0.17%	2.23%	0.17%
V	B	1.07%	2.41%	1.07%
VRSK	D	0.11%	2.26%	0.11%

TSPA Overweight 286 Positions Relative to DFND

Symbol	Grade	Weight
NVDA	B	7.07%
AMZN	C	3.94%
GOOG	B	2.52%
META	A	2.48%
LLY	D	1.97%
GOOGL	B	1.78%
TSLA	C	1.2%
XOM	A	1.19%
BRK.A	B	1.18%
JPM	C	1.18%
UNH	B	1.1%
NFLX	A	0.88%
HD	A	0.81%
TMUS	A	0.8%
CRM	B	0.79%
QCOM	D	0.69%
WMT	A	0.67%
ADBE	F	0.63%
KO	C	0.63%
TMO	D	0.62%
LRCX	D	0.62%
MRK	F	0.62%
JNJ	D	0.6%
BAC	B	0.58%
ABBV	C	0.57%
CVX	B	0.52%
GE	B	0.52%
PEP	F	0.5%
NEE	C	0.49%
COP	D	0.49%
WFC	B	0.47%
PM	D	0.47%
DHR	D	0.46%
C	B	0.46%
AMGN	D	0.45%
ISRG	C	0.44%
AXP	A	0.4%
UBER	C	0.4%
ELV	F	0.4%
SCHW	D	0.4%
SNPS	F	0.39%
MU	D	0.39%
CMG	C	0.39%
SYK	C	0.38%
ORCL	A	0.37%
CI	D	0.37%
VRTX	D	0.34%
CL	D	0.33%
BKNG	B	0.32%
APH	D	0.32%
SPGI	C	0.31%
BA	F	0.31%
AIG	C	0.3%
PCG	C	0.3%
HIG	A	0.29%
FTNT	A	0.29%
GEV	A	0.28%
CSX	D	0.28%
GS	B	0.28%
MS	A	0.28%
EQIX	C	0.27%
ROP	D	0.27%
SWK	C	0.26%
REGN	D	0.26%
PLD	D	0.26%
BDX	C	0.26%
AMD	C	0.26%
LOW	C	0.25%
MET	A	0.24%
KDP	C	0.23%
ICE	A	0.23%
MCK	F	0.23%
AMT	D	0.23%
BSX	A	0.22%
EOG	B	0.22%
SLB	D	0.22%
SO	A	0.22%
DIS	D	0.22%
EW	F	0.22%
LHX	A	0.21%
CEG	A	0.21%
ALL	A	0.21%
ZBH	F	0.21%
DE	C	0.21%
AZN	D	0.2%
TDG	A	0.2%
HLT	A	0.2%
ADSK	B	0.2%
DXCM	F	0.19%
MDLZ	D	0.19%
IBM	A	0.19%
TEL	D	0.19%
CDNS	D	0.19%
TJX	D	0.19%
ABNB	D	0.18%
CARR	A	0.18%
NVO	F	0.18%
ENTG	D	0.18%
ROST	D	0.18%
KKR	A	0.18%
WELL	C	0.18%
NVR	C	0.18%
FDX	F	0.18%
ABT	C	0.18%
AEE	A	0.17%
CAT	A	0.17%
RCL	B	0.17%
TGT	C	0.17%
MAR	A	0.17%
CRBG	B	0.17%
DG	F	0.16%
KVUE	C	0.16%
FITB	C	0.16%
NSC	C	0.16%
CPAY	A	0.16%
VOYA	A	0.16%
TXN	C	0.16%
CPRT	B	0.15%
GPN	F	0.15%
WCN	D	0.15%
ORLY	A	0.15%
THC	D	0.15%
STZ	D	0.15%
PSA	C	0.15%
ESS	D	0.15%
KEYS	B	0.14%
ZTS	C	0.14%
HBAN	B	0.14%
TDY	A	0.14%
STLD	C	0.14%
BLK	A	0.14%
RTX	A	0.14%
BK	A	0.14%
VMC	D	0.14%
RNR	A	0.14%
ARES	A	0.13%
HOLX	D	0.13%
BIIB	F	0.13%
VTRS	D	0.13%
LVS	B	0.13%
XEL	C	0.13%
AZO	D	0.13%
IR	A	0.13%
NOC	B	0.13%
ANET	A	0.13%
REXR	D	0.13%
FANG	D	0.12%
DPZ	D	0.12%
CRWD	D	0.12%
FICO	C	0.12%
ZBRA	B	0.12%
HWM	A	0.12%
HUM	F	0.11%
HAL	D	0.11%
WDC	C	0.11%
VZ	C	0.11%
PANW	B	0.11%
FE	C	0.11%
AVB	C	0.11%
TT	A	0.11%
TRV	B	0.1%
PKG	B	0.1%
KMI	A	0.1%
BMY	A	0.1%
MDT	C	0.1%
CNI	D	0.1%
TER	C	0.1%
TRGP	A	0.1%
NI	A	0.1%
DOV	C	0.1%
WYNN	B	0.1%
BALL	C	0.1%
EQH	B	0.09%
BX	C	0.09%
CF	A	0.09%
ICLR	F	0.09%
SAIA	D	0.09%
JBHT	D	0.09%
WING	C	0.09%
DFS	A	0.09%
NKE	D	0.09%
WFG	C	0.09%
BURL	C	0.09%
VLO	F	0.09%
MTD	C	0.09%
MOH	F	0.09%
PFE	D	0.09%
MNST	D	0.08%
SPG	A	0.08%
PSTG	F	0.08%
SBUX	B	0.08%
GILD	A	0.08%
TW	A	0.08%
JCI	C	0.08%
RGEN	F	0.08%
YUM	C	0.08%
PNC	C	0.08%
IEX	D	0.08%
MOS	F	0.07%
EFX	D	0.07%
NOW	B	0.07%
EMR	B	0.07%
ELAN	D	0.07%
WM	B	0.07%
SUI	D	0.07%
APO	A	0.07%
ATO	A	0.07%
HES	D	0.07%
PSX	D	0.07%
CAH	B	0.06%
ALLY	F	0.06%
EQT	C	0.06%
GD	C	0.06%
EWBC	B	0.05%
ESAB	C	0.05%
GM	D	0.05%
MO	D	0.05%
TFC	D	0.05%
CBRE	C	0.05%
WDAY	D	0.05%
DT	B	0.05%
REG	C	0.04%
WAL	C	0.04%
TECH	D	0.04%
VST	A	0.04%
COF	A	0.04%
RIVN	F	0.04%
UAL	A	0.04%
CHK	C	0.04%
SYY	D	0.04%
KIM	C	0.04%
RSG	D	0.04%
AMH	D	0.04%
KHC	F	0.04%
NCLH	C	0.04%
SYF	A	0.04%
CSGP	F	0.04%
KMB	D	0.04%
ELF	F	0.03%
BAX	D	0.03%
CUBE	C	0.03%
EXC	C	0.03%
WMB	A	0.03%
SITE	D	0.03%
CMS	A	0.03%
VRT	B	0.03%
TSN	D	0.03%
APTV	D	0.03%
LSCC	D	0.03%
TRU	C	0.03%
SHOP	B	0.02%
WRK	C	0.02%
WY	C	0.02%
LPLA	D	0.02%
IDXX	D	0.02%
AVY	D	0.02%
PPL	C	0.02%
OTIS	A	0.02%
RPM	A	0.02%
CVS	D	0.02%
CNC	F	0.02%
WSC	D	0.02%
A	B	0.02%
MMM	C	0.02%
BBWI	F	0.02%
ASML	F	0.01%
CRL	F	0.01%
EXR	D	0.01%
VLTO	A	0.01%
BPOP	D	0.01%
XYL	C	0.01%
TYL	D	0.01%
ULTA	D	0.01%
AXS	A	0.01%
SNY	C	0.01%
IT	A	0.01%
HCA	C	0.01%
HII	F	0.01%
TFX	C	0.01%
MRNA	F	0.0%
FSLR	C	0.0%
SOLV	C	0.0%
MTB	A	0.0%
IQV	F	0.0%
CPT	C	0.0%
ZS	F	0.0%

TSPA Underweight 27 Positions Relative to DFND

Symbol	Grade	Weight
PHM	C	-2.22%
SNA	C	-2.15%
BRO	A	-2.01%
GWW	B	-2.0%
PPG	D	-1.93%
DHI	C	-1.72%
MSI	A	-1.7%
ITW	C	-1.68%
ETN	B	-1.59%
J	F	-1.58%
ALLE	A	-1.55%
HSY	D	-1.48%
AON	A	-1.41%
AOS	C	-1.37%
FAST	C	-0.99%
ALB	D	-0.95%
LW	D	-0.94%
GL	C	-0.9%
MLM	F	-0.74%
PARA	F	--0.32%
APA	F	--0.9%
INTC	D	--1.04%
VFC	A	--1.06%
NWS	D	--1.72%
IP	C	--2.01%
SW	C	--2.15%
T	B	--2.17%