TVAL vs. FEUS ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL) to FlexShares ESG & Climate US Large Cap Core Index Fund (FEUS)

TVAL

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF

TVAL Description

The fund will invest primarily in U.S. equity securities. In taking a value approach to investment selection, the adviser seeks to identify companies that appear to be undervalued by various measures, and may be temporarily out of favor, but have good prospects for capital appreciation. Some of the principal measures used to identify such stocks are: price/earnings ratio, price/book value ratio, price/sales ratio, dividend yield, price/cash flow, undervalued assets, and restructuring opportunities. The fund may purchase the stocks of companies of any size, but typically focuses on larger companies.

Grade (RS Rating)

Last Trade

$33.11

Average Daily Volume

13,066

Number of Holdings ^*

144

* may have additional holdings in another (foreign) market

FEUS

FlexShares ESG & Climate US Large Cap Core Index Fund

FEUS Description

FlexShares ESG & Climate US Large Cap Core Index Fund is an exchange traded indexed fund launched by Northern Trust Corporation. It is managed by Northern Trust Investments, Incorporated. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across large market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the Northern Trust ESG & Climate US Large Cap Core Index, by using representative sampling technique. FlexShares ESG & Climate US Large Cap Core Index Fund was formed on September 20, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$66.92

Average Daily Volume

1,485

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

Performance

Period	TVAL	FEUS
30 Days	2.98%	2.93%
60 Days	4.22%	4.29%
90 Days	5.88%	6.05%
12 Months	29.14%	31.07%

52 Overlapping Holdings

Symbol	Grade	Weight in TVAL	Weight in FEUS	Overlap
ACN	C	0.7%	0.72%	0.7%
AMAT	F	0.38%	0.86%	0.38%
AVB	B	1.22%	0.14%	0.14%
AVY	D	0.19%	0.14%	0.14%
AXP	A	0.26%	1.11%	0.26%
BLK	C	0.43%	0.25%	0.25%
C	A	0.81%	0.33%	0.33%
CB	C	2.23%	0.57%	0.57%
CI	F	0.87%	0.84%	0.84%
CL	D	0.84%	0.67%	0.67%
CMCSA	B	0.46%	0.67%	0.46%
CMI	A	1.09%	0.48%	0.48%
CSX	B	0.49%	0.66%	0.49%
CVS	D	0.23%	0.65%	0.23%
CVX	A	0.73%	0.05%	0.05%
DIS	B	0.2%	0.87%	0.2%
EFX	F	0.33%	0.02%	0.02%
ELV	F	1.81%	0.66%	0.66%
EQIX	A	0.16%	0.81%	0.16%
EQT	B	0.46%	0.17%	0.17%
FI	A	1.53%	0.32%	0.32%
GOOG	C	0.95%	2.44%	0.95%
HD	A	0.63%	0.46%	0.46%
HIG	B	1.96%	0.32%	0.32%
HUBB	B	0.7%	0.03%	0.03%
JNJ	D	1.82%	1.35%	1.35%
JPM	A	1.23%	2.1%	1.23%
LLY	F	1.19%	0.42%	0.42%
LVS	C	0.41%	0.17%	0.17%
MAR	B	0.47%	0.03%	0.03%
MDLZ	F	0.43%	0.06%	0.06%
MET	A	0.22%	0.47%	0.22%
META	D	0.87%	1.66%	0.87%
MRK	F	0.8%	0.97%	0.8%
MS	A	0.56%	1.18%	0.56%
MSFT	F	0.65%	6.4%	0.65%
NEE	D	0.59%	0.04%	0.04%
NSC	B	0.74%	0.56%	0.56%
PG	A	0.72%	0.8%	0.72%
PLD	D	0.34%	0.79%	0.34%
QCOM	F	1.08%	0.55%	0.55%
REGN	F	0.42%	0.61%	0.42%
SPGI	C	0.26%	1.01%	0.26%
TJX	A	0.29%	0.21%	0.21%
TT	A	0.31%	0.89%	0.31%
UNH	C	1.9%	0.11%	0.11%
UNP	C	0.42%	0.93%	0.42%
VZ	C	0.58%	0.76%	0.58%
WMB	A	0.46%	0.64%	0.46%
WMT	A	1.89%	0.84%	0.84%
WY	D	0.88%	0.21%	0.21%
XOM	B	2.56%	0.09%	0.09%

TVAL Overweight 92 Positions Relative to FEUS

Symbol	Grade	Weight
BAC	A	1.89%
WFC	A	1.77%
SO	D	1.67%
KVUE	A	1.49%
PM	B	1.41%
LHX	C	1.36%
COP	C	1.25%
GE	D	1.21%
TMO	F	1.12%
SWK	D	1.1%
BDX	F	1.01%
EQH	B	1.0%
SCHW	B	0.89%
TMUS	B	0.88%
AIG	B	0.87%
ZBH	C	0.85%
EOG	A	0.82%
MCK	B	0.8%
FITB	A	0.77%
NWSA	B	0.75%
VST	B	0.74%
LIN	D	0.73%
KO	D	0.72%
TXN	C	0.7%
GEV	B	0.7%
TTE	F	0.7%
HON	B	0.68%
SRE	A	0.68%
MMC	B	0.67%
KMB	D	0.66%
AEE	A	0.65%
DHR	F	0.65%
IP	B	0.64%
RSG	A	0.62%
WDC	D	0.6%
USB	A	0.56%
BA	F	0.56%
D	C	0.55%
AZO	C	0.52%
RPM	A	0.52%
ROK	B	0.52%
CF	B	0.52%
BAX	D	0.5%
HWM	A	0.48%
REXR	F	0.48%
PGR	A	0.48%
AZN	D	0.47%
MCD	D	0.46%
APO	B	0.46%
TDG	D	0.46%
HBAN	A	0.45%
ARES	A	0.45%
MU	D	0.45%
HCA	F	0.45%
PSA	D	0.44%
FANG	D	0.43%
CPAY	A	0.42%
LEN	D	0.42%
LAMR	D	0.4%
KDP	D	0.4%
CAG	D	0.4%
TSM	B	0.39%
ALL	A	0.39%
ABBV	D	0.36%
YUM	B	0.36%
BKR	B	0.35%
KEYS	A	0.35%
ADI	D	0.35%
MSI	B	0.34%
A	D	0.33%
COF	B	0.33%
STLD	B	0.32%
UAL	A	0.31%
AME	A	0.31%
OTIS	C	0.3%
CAT	B	0.3%
VRTX	F	0.29%
ROP	B	0.29%
MOH	F	0.28%
UPS	C	0.28%
CARR	D	0.27%
MCHP	D	0.27%
CDW	F	0.25%
MGM	D	0.24%
ZTS	D	0.23%
CME	A	0.23%
HAL	C	0.22%
VMC	B	0.22%
AMD	F	0.22%
BHP	F	0.2%
SNY	F	0.19%
DTE	C	0.17%

TVAL Underweight 84 Positions Relative to FEUS

Symbol	Grade	Weight
NVDA	C	-7.67%
AAPL	C	-6.68%
AMZN	C	-4.53%
GOOGL	C	-2.7%
TSLA	B	-2.69%
V	A	-1.78%
MA	C	-1.59%
CRM	B	-1.47%
IBM	C	-1.12%
ADBE	C	-1.11%
PEP	F	-1.09%
ADP	B	-1.03%
BSX	B	-1.02%
INTC	D	-1.01%
AMGN	D	-0.92%
PFE	D	-0.87%
DE	A	-0.83%
NOW	A	-0.8%
NKE	D	-0.8%
PYPL	B	-0.79%
MCO	B	-0.75%
CTAS	B	-0.73%
WM	A	-0.71%
TGT	F	-0.67%
BRK.A	B	-0.65%
SHW	A	-0.61%
ECL	D	-0.61%
OKE	A	-0.6%
MDT	D	-0.59%
SLB	C	-0.58%
WDAY	B	-0.54%
MPC	D	-0.52%
ABNB	C	-0.52%
GILD	C	-0.48%
AVGO	D	-0.48%
PAYX	C	-0.45%
MSCI	C	-0.44%
NEM	D	-0.44%
PCG	A	-0.41%
JCI	C	-0.41%
LNG	B	-0.4%
KR	B	-0.38%
SYY	B	-0.36%
EXC	C	-0.36%
HPQ	B	-0.34%
DELL	C	-0.34%
ADSK	A	-0.33%
BKNG	A	-0.33%
PEG	A	-0.33%
WAB	B	-0.32%
HUM	C	-0.32%
ED	D	-0.31%
EBAY	D	-0.29%
TSCO	D	-0.28%
HPE	B	-0.27%
AWK	D	-0.25%
NDAQ	A	-0.25%
BIIB	F	-0.23%
EXPE	B	-0.22%
ILMN	D	-0.21%
ES	D	-0.2%
FSLR	F	-0.19%
CLX	B	-0.19%
ZM	B	-0.19%
ULTA	F	-0.18%
WSM	B	-0.15%
OC	A	-0.15%
EL	F	-0.14%
AKAM	D	-0.13%
VLO	C	-0.13%
XYL	D	-0.12%
BLD	D	-0.11%
AFL	B	-0.11%
HST	C	-0.11%
BXP	D	-0.11%
CSCO	B	-0.1%
IPG	D	-0.1%
CNH	C	-0.09%
LULU	C	-0.08%
ENPH	F	-0.08%
MTD	D	-0.07%
LOW	D	-0.05%
BMY	B	-0.05%
PPG	F	-0.03%