TSPA vs. IETC ETF Comparison

Comparison of T. Rowe Price U.S. Equity Research ETF (TSPA) to iShares Evolved U.S. Technology ETF (IETC)

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

$37.49

Average Daily Volume

116,042

Number of Holdings ^*

342

* may have additional holdings in another (foreign) market

IETC

iShares Evolved U.S. Technology ETF

IETC Description

The investment seeks to provide access to U.S. companies with technology 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 technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$82.22

Average Daily Volume

19,325

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

Performance

Period	TSPA	IETC
30 Days	2.99%	3.17%
60 Days	4.57%	5.58%
90 Days	6.02%	8.32%
12 Months	33.63%	39.98%

61 Overlapping Holdings

Symbol	Grade	Weight in TSPA	Weight in IETC	Overlap
AAPL	C	7.37%	2.42%	2.42%
ABNB	C	0.11%	0.66%	0.11%
ACN	C	0.65%	4.24%	0.65%
ADBE	C	0.49%	1.19%	0.49%
ADSK	A	0.19%	0.71%	0.19%
AMD	F	0.55%	0.7%	0.55%
AMZN	C	3.66%	8.02%	3.66%
ANET	C	0.14%	0.58%	0.14%
AVGO	D	1.69%	11.87%	1.69%
BAH	F	0.03%	0.2%	0.03%
CBOE	B	0.14%	0.06%	0.06%
CDNS	B	0.19%	1.84%	0.19%
CL	D	0.22%	0.04%	0.04%
CPAY	A	0.29%	0.06%	0.06%
CRM	B	0.79%	3.82%	0.79%
CRWD	B	0.11%	0.33%	0.11%
CSCO	B	0.32%	1.85%	0.32%
CSGP	D	0.04%	0.37%	0.04%
EA	A	0.07%	0.12%	0.07%
EQIX	A	0.26%	0.74%	0.26%
FDS	B	0.04%	0.3%	0.04%
FTNT	C	0.36%	1.25%	0.36%
FTV	C	0.08%	0.0%	0.0%
GOOG	C	2.14%	1.44%	1.44%
GOOGL	C	1.48%	2.34%	1.48%
GPN	B	0.18%	1.12%	0.18%
IBM	C	0.23%	1.92%	0.23%
ICE	C	0.26%	1.6%	0.26%
INTU	C	0.36%	0.07%	0.07%
IQV	D	0.03%	0.13%	0.03%
IT	C	0.04%	0.62%	0.04%
KEYS	A	0.2%	0.18%	0.18%
KLAC	D	0.43%	0.34%	0.34%
LMT	D	0.06%	0.41%	0.06%
LPLA	A	0.06%	0.06%	0.06%
LRCX	F	0.03%	0.16%	0.03%
MA	C	0.89%	0.95%	0.89%
MCO	B	0.16%	0.35%	0.16%
META	D	2.67%	1.79%	1.79%
MMC	B	0.25%	0.18%	0.18%
MPWR	F	0.09%	0.52%	0.09%
MSCI	C	0.03%	0.12%	0.03%
MSFT	F	6.73%	7.7%	6.73%
MU	D	0.02%	0.39%	0.02%
NOW	A	0.06%	2.11%	0.06%
NVDA	C	6.08%	8.78%	6.08%
ORCL	B	0.53%	3.5%	0.53%
PANW	C	0.1%	0.82%	0.1%
QCOM	F	0.55%	1.35%	0.55%
RIVN	F	0.01%	0.01%	0.01%
ROK	B	0.18%	0.07%	0.07%
SLB	C	0.19%	0.09%	0.09%
SNPS	B	0.2%	0.2%	0.2%
TDY	B	0.17%	0.06%	0.06%
TER	D	0.01%	0.1%	0.01%
TXN	C	0.46%	0.3%	0.3%
UBER	D	0.44%	0.23%	0.23%
VRSK	A	0.11%	0.64%	0.11%
VRT	B	0.05%	0.09%	0.05%
WDAY	B	0.02%	0.69%	0.02%
XYL	D	0.01%	0.02%	0.01%

TSPA Overweight 281 Positions Relative to IETC

Symbol	Grade	Weight
LLY	F	1.9%
TSLA	B	1.59%
BRK.A	B	1.23%
UNH	C	1.2%
JPM	A	1.16%
XOM	B	1.12%
V	A	1.1%
HD	A	0.9%
NFLX	A	0.8%
COST	B	0.8%
PG	A	0.78%
WMT	A	0.76%
TMUS	B	0.76%
LIN	D	0.7%
JNJ	D	0.68%
KO	D	0.68%
TMO	F	0.66%
ABBV	D	0.62%
BAC	A	0.61%
PM	B	0.56%
GE	D	0.56%
MCD	D	0.55%
MRK	F	0.55%
NEE	D	0.51%
PEP	F	0.51%
FI	A	0.49%
ISRG	A	0.48%
CB	C	0.48%
CVX	A	0.47%
DHR	F	0.46%
AMGN	D	0.44%
CMCSA	B	0.42%
COP	C	0.42%
C	A	0.42%
SYK	C	0.39%
AXP	A	0.37%
ELV	F	0.37%
WFC	A	0.37%
SCHW	B	0.35%
CSX	B	0.35%
PCG	A	0.33%
AMT	D	0.33%
SPGI	C	0.33%
HON	B	0.32%
CI	F	0.32%
SWK	D	0.32%
REGN	F	0.31%
BKNG	A	0.31%
CMI	A	0.31%
LOW	D	0.3%
ALL	A	0.3%
ADI	D	0.3%
KDP	D	0.3%
KVUE	A	0.3%
GS	A	0.29%
BDX	F	0.29%
ODFL	B	0.28%
PLD	D	0.28%
HIG	B	0.28%
CEG	D	0.27%
NOC	D	0.27%
ROP	B	0.27%
CMG	B	0.27%
MET	A	0.26%
MS	A	0.26%
AIG	B	0.26%
GEV	B	0.25%
BA	F	0.24%
MPC	D	0.24%
DE	A	0.24%
XEL	A	0.23%
BSX	B	0.23%
NVR	D	0.23%
PFE	D	0.22%
CARR	D	0.21%
NSC	B	0.21%
SHW	A	0.21%
WELL	A	0.21%
BLK	C	0.21%
TJX	A	0.2%
ZBH	C	0.2%
CRBG	B	0.2%
SO	D	0.2%
DIS	B	0.2%
RTX	C	0.2%
EOG	A	0.2%
LHX	C	0.19%
KKR	A	0.19%
ABT	B	0.19%
FCX	D	0.19%
AEE	A	0.19%
GEN	B	0.18%
PSA	D	0.18%
HLT	A	0.18%
MCK	B	0.18%
RCL	A	0.18%
VRTX	F	0.18%
MTD	D	0.17%
NVO	D	0.17%
ORLY	B	0.17%
TGT	F	0.17%
ROST	C	0.17%
VOYA	B	0.17%
SAIA	B	0.16%
TDG	D	0.16%
HUBB	B	0.16%
HWM	A	0.16%
MRVL	B	0.16%
MDLZ	F	0.16%
MAR	B	0.16%
BK	A	0.16%
RNR	C	0.16%
ZBRA	B	0.15%
FDX	B	0.15%
AZO	C	0.15%
CAT	B	0.15%
THC	D	0.15%
TT	A	0.14%
FITB	A	0.14%
VMC	B	0.14%
ATO	A	0.14%
LVS	C	0.14%
REXR	F	0.14%
GILD	C	0.14%
BMY	B	0.13%
ESS	B	0.13%
TW	A	0.13%
CPRT	A	0.13%
HBAN	A	0.13%
STLD	B	0.13%
WM	A	0.13%
DFS	B	0.13%
ENTG	D	0.12%
COR	B	0.12%
STZ	D	0.12%
HOLX	D	0.12%
ARES	A	0.12%
FANG	D	0.12%
DXCM	D	0.11%
WYNN	D	0.11%
BURL	A	0.11%
LULU	C	0.11%
WCN	A	0.11%
WFG	D	0.11%
APH	A	0.11%
TRV	B	0.11%
BALL	D	0.11%
WDC	D	0.11%
IR	B	0.11%
MOH	F	0.11%
FICO	B	0.11%
CF	B	0.1%
CTAS	B	0.1%
DOV	A	0.1%
KMI	A	0.1%
BIIB	F	0.1%
SBUX	A	0.1%
PKG	A	0.1%
MDT	D	0.1%
ETR	B	0.1%
ZTS	D	0.09%
KMB	D	0.09%
JCI	C	0.09%
EFX	F	0.09%
HAL	C	0.09%
DPZ	C	0.09%
DG	F	0.09%
WING	D	0.08%
CMS	C	0.08%
DGX	A	0.08%
FE	C	0.08%
BX	A	0.08%
VST	B	0.08%
ICLR	D	0.08%
NKE	D	0.08%
PNC	B	0.08%
USB	A	0.08%
EQH	B	0.08%
RGEN	D	0.08%
SITE	D	0.07%
AVB	B	0.07%
PSX	C	0.07%
MNST	C	0.07%
CBRE	B	0.07%
IEX	B	0.07%
AZN	D	0.07%
WMB	A	0.07%
VZ	C	0.07%
APO	B	0.07%
HUM	C	0.07%
EMR	A	0.07%
EXC	C	0.07%
SUI	D	0.07%
VLO	C	0.07%
MO	A	0.06%
SPG	B	0.06%
EVRG	A	0.06%
MOS	F	0.06%
EW	C	0.06%
PSTG	D	0.06%
CNP	B	0.06%
EQT	B	0.06%
T	A	0.06%
IDXX	F	0.06%
SPOT	B	0.06%
DT	C	0.06%
TRGP	B	0.06%
PGR	A	0.06%
NCLH	B	0.05%
GM	B	0.05%
IP	B	0.05%
WAL	B	0.05%
KEY	B	0.05%
UAL	A	0.05%
KIM	A	0.05%
SHOP	B	0.05%
DAL	C	0.05%
AXS	A	0.05%
ESAB	B	0.05%
HCA	F	0.05%
HES	B	0.05%
BGNE	D	0.05%
D	C	0.05%
CVS	D	0.04%
CUBE	D	0.04%
ON	D	0.04%
CLX	B	0.04%
ZS	C	0.04%
SRE	A	0.04%
DUK	C	0.04%
TPG	A	0.04%
REG	B	0.04%
GIS	D	0.04%
BPOP	B	0.04%
AMH	D	0.04%
EL	F	0.04%
DVN	F	0.04%
SYY	B	0.04%
SNY	F	0.04%
RSG	A	0.03%
BR	A	0.03%
CAH	B	0.03%
TSN	B	0.03%
GD	F	0.03%
TFC	A	0.03%
AMAT	F	0.02%
ST	F	0.02%
SBAC	D	0.02%
CPB	D	0.02%
YUM	B	0.02%
K	A	0.02%
BBWI	D	0.02%
HII	D	0.02%
WY	D	0.02%
MCHP	D	0.02%
NI	A	0.02%
ELAN	D	0.02%
ULTA	F	0.02%
CNI	D	0.02%
NXPI	D	0.02%
RPM	A	0.02%
APTV	D	0.02%
EWBC	A	0.02%
AME	A	0.02%
PPL	B	0.02%
ALLY	C	0.02%
KHC	F	0.02%
EXR	D	0.01%
EBAY	D	0.01%
LUV	C	0.01%
F	C	0.01%
INTC	D	0.01%
LSCC	D	0.01%
CCI	D	0.01%
JBHT	C	0.01%
VTRS	A	0.01%
MRNA	F	0.0%
FSLR	F	0.0%
CPT	B	0.0%
CRL	C	0.0%
VLTO	D	0.0%

TSPA Underweight 56 Positions Relative to IETC

Symbol	Grade	Weight
MSI	B	-2.4%
VRSN	F	-1.99%
MANH	D	-1.28%
PH	A	-0.99%
TEAM	A	-0.84%
NTAP	C	-0.78%
SSNC	B	-0.71%
TYL	B	-0.63%
TTD	B	-0.62%
ZM	B	-0.6%
PLTR	B	-0.58%
CDW	F	-0.57%
ANSS	B	-0.4%
G	B	-0.32%
MSTR	C	-0.28%
COIN	C	-0.28%
TTEK	F	-0.21%
DASH	A	-0.21%
SQ	B	-0.2%
BSY	D	-0.17%
QLYS	C	-0.17%
TRU	D	-0.17%
DDOG	A	-0.16%
CACI	D	-0.15%
AKAM	D	-0.14%
PINS	D	-0.14%
HUBS	A	-0.14%
SWKS	F	-0.13%
VEEV	C	-0.11%
NSIT	F	-0.1%
IPG	D	-0.1%
NDAQ	A	-0.09%
CFLT	B	-0.09%
IRM	D	-0.09%
ADP	B	-0.07%
SNAP	C	-0.07%
SLAB	D	-0.06%
CPNG	D	-0.06%
DELL	C	-0.06%
JNPR	F	-0.06%
QRVO	F	-0.06%
BBY	D	-0.06%
FBIN	D	-0.06%
DOCN	D	-0.05%
MMS	F	-0.05%
ILMN	D	-0.05%
SAIC	F	-0.05%
APPN	B	-0.04%
BILL	A	-0.04%
DXC	B	-0.04%
GLW	B	-0.03%
ZI	D	-0.02%
ENPH	F	-0.02%
GDDY	A	-0.01%
ALGN	D	-0.0%
GRAL	C	-0.0%

IETC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Semiconductors Information Technology Services Software - Infrastructure Internet Content & Information Capital Markets Semiconductor Equipment & Materials Communication Equipment Diagnostics & Research Diversified Industrials Financial Data & Stock Exchanges Scientific & Technical Instruments Computer Systems Internet Content & Information Specialty Retail Advertising Agencies Aerospace & Defense Auto Manufacturers Conglomerates