TVAL vs. GSEW ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL) to Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW)

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

GSEW

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

GSEW Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive US Large Cap Equal Weight Index (GTR). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index consists of equity securities of large capitalization U.S. issuers. The index is an equal-weight version of the Solactive US Large Cap Index, a market capitalization-weighted index that includes equity securities of approximately 500 of the largest U.S. companies.

Grade (RS Rating)

Last Trade

$82.13

Average Daily Volume

46,558

Number of Holdings ^*

489

* may have additional holdings in another (foreign) market

Performance

Period	TVAL	GSEW
30 Days	2.98%	5.61%
60 Days	4.22%	6.23%
90 Days	5.88%	8.71%
12 Months	29.14%	32.95%

133 Overlapping Holdings

Symbol	Grade	Weight in TVAL	Weight in GSEW	Overlap
A	D	0.33%	0.19%	0.19%
ABBV	D	0.36%	0.17%	0.17%
ACN	C	0.7%	0.21%	0.21%
ADI	D	0.35%	0.19%	0.19%
AEE	A	0.65%	0.21%	0.21%
AIG	B	0.87%	0.2%	0.2%
ALL	A	0.39%	0.21%	0.21%
AMAT	F	0.38%	0.2%	0.2%
AMD	F	0.22%	0.19%	0.19%
AME	A	0.31%	0.2%	0.2%
APO	B	0.46%	0.2%	0.2%
ARES	A	0.45%	0.2%	0.2%
AVB	B	1.22%	0.21%	0.21%
AVY	D	0.19%	0.2%	0.19%
AXP	A	0.26%	0.2%	0.2%
AZO	C	0.52%	0.2%	0.2%
BA	F	0.56%	0.19%	0.19%
BAC	A	1.89%	0.2%	0.2%
BAX	D	0.5%	0.18%	0.18%
BDX	F	1.01%	0.19%	0.19%
BKR	B	0.35%	0.21%	0.21%
BLK	C	0.43%	0.21%	0.21%
C	A	0.81%	0.2%	0.2%
CAG	D	0.4%	0.19%	0.19%
CARR	D	0.27%	0.2%	0.2%
CAT	B	0.3%	0.19%	0.19%
CB	C	2.23%	0.21%	0.21%
CDW	F	0.25%	0.18%	0.18%
CF	B	0.52%	0.21%	0.21%
CI	F	0.87%	0.21%	0.21%
CL	D	0.84%	0.2%	0.2%
CMCSA	B	0.46%	0.2%	0.2%
CME	A	0.23%	0.2%	0.2%
CMI	A	1.09%	0.21%	0.21%
COF	B	0.33%	0.19%	0.19%
COP	C	1.25%	0.2%	0.2%
CPAY	A	0.42%	0.21%	0.21%
CSX	B	0.49%	0.19%	0.19%
CVS	D	0.23%	0.18%	0.18%
CVX	A	0.73%	0.21%	0.21%
D	C	0.55%	0.2%	0.2%
DHR	F	0.65%	0.19%	0.19%
DIS	B	0.2%	0.22%	0.2%
DTE	C	0.17%	0.2%	0.17%
EFX	F	0.33%	0.2%	0.2%
ELV	F	1.81%	0.19%	0.19%
EOG	A	0.82%	0.21%	0.21%
EQIX	A	0.16%	0.2%	0.16%
EQT	B	0.46%	0.21%	0.21%
FANG	D	0.43%	0.2%	0.2%
FI	A	1.53%	0.2%	0.2%
FITB	A	0.77%	0.21%	0.21%
GE	D	1.21%	0.2%	0.2%
GEV	B	0.7%	0.2%	0.2%
HAL	C	0.22%	0.2%	0.2%
HBAN	A	0.45%	0.2%	0.2%
HCA	F	0.45%	0.2%	0.2%
HD	A	0.63%	0.21%	0.21%
HIG	B	1.96%	0.2%	0.2%
HON	B	0.68%	0.21%	0.21%
HUBB	B	0.7%	0.19%	0.19%
HWM	A	0.48%	0.2%	0.2%
IP	B	0.64%	0.2%	0.2%
JNJ	D	1.82%	0.19%	0.19%
JPM	A	1.23%	0.2%	0.2%
KDP	D	0.4%	0.2%	0.2%
KEYS	A	0.35%	0.19%	0.19%
KMB	D	0.66%	0.2%	0.2%
KO	D	0.72%	0.2%	0.2%
KVUE	A	1.49%	0.21%	0.21%
LEN	D	0.42%	0.21%	0.21%
LHX	C	1.36%	0.19%	0.19%
LIN	D	0.73%	0.2%	0.2%
LLY	F	1.19%	0.2%	0.2%
LVS	C	0.41%	0.19%	0.19%
MAR	B	0.47%	0.21%	0.21%
MCD	D	0.46%	0.2%	0.2%
MCHP	D	0.27%	0.18%	0.18%
MCK	B	0.8%	0.23%	0.23%
MDLZ	F	0.43%	0.2%	0.2%
MET	A	0.22%	0.2%	0.2%
META	D	0.87%	0.21%	0.21%
MMC	B	0.67%	0.2%	0.2%
MOH	F	0.28%	0.19%	0.19%
MRK	F	0.8%	0.19%	0.19%
MS	A	0.56%	0.2%	0.2%
MSFT	F	0.65%	0.21%	0.21%
MSI	B	0.34%	0.21%	0.21%
MU	D	0.45%	0.18%	0.18%
NEE	D	0.59%	0.2%	0.2%
NSC	B	0.74%	0.19%	0.19%
OTIS	C	0.3%	0.2%	0.2%
PG	A	0.72%	0.21%	0.21%
PGR	A	0.48%	0.2%	0.2%
PLD	D	0.34%	0.21%	0.21%
PM	B	1.41%	0.21%	0.21%
PSA	D	0.44%	0.21%	0.21%
QCOM	F	1.08%	0.19%	0.19%
REGN	F	0.42%	0.19%	0.19%
ROK	B	0.52%	0.2%	0.2%
ROP	B	0.29%	0.2%	0.2%
RPM	A	0.52%	0.2%	0.2%
RSG	A	0.62%	0.2%	0.2%
SCHW	B	0.89%	0.21%	0.21%
SO	D	1.67%	0.2%	0.2%
SPGI	C	0.26%	0.21%	0.21%
SRE	A	0.68%	0.21%	0.21%
STLD	B	0.32%	0.18%	0.18%
SWK	D	1.1%	0.19%	0.19%
TDG	D	0.46%	0.19%	0.19%
TJX	A	0.29%	0.21%	0.21%
TMO	F	1.12%	0.19%	0.19%
TMUS	B	0.88%	0.21%	0.21%
TT	A	0.31%	0.21%	0.21%
TXN	C	0.7%	0.19%	0.19%
UAL	A	0.31%	0.21%	0.21%
UNH	C	1.9%	0.2%	0.2%
UNP	C	0.42%	0.19%	0.19%
UPS	C	0.28%	0.2%	0.2%
USB	A	0.56%	0.2%	0.2%
VMC	B	0.22%	0.2%	0.2%
VRTX	F	0.29%	0.2%	0.2%
VST	B	0.74%	0.23%	0.23%
VZ	C	0.58%	0.2%	0.2%
WDC	D	0.6%	0.18%	0.18%
WFC	A	1.77%	0.2%	0.2%
WMB	A	0.46%	0.2%	0.2%
WMT	A	1.89%	0.2%	0.2%
WY	D	0.88%	0.2%	0.2%
XOM	B	2.56%	0.2%	0.2%
YUM	B	0.36%	0.21%	0.21%
ZBH	C	0.85%	0.2%	0.2%
ZTS	D	0.23%	0.2%	0.2%

TVAL Overweight 11 Positions Relative to GSEW

Symbol	Grade	Weight
EQH	B	1.0%
GOOG	C	0.95%
NWSA	B	0.75%
TTE	F	0.7%
REXR	F	0.48%
AZN	D	0.47%
LAMR	D	0.4%
TSM	B	0.39%
MGM	D	0.24%
BHP	F	0.2%
SNY	F	0.19%

TVAL Underweight 356 Positions Relative to GSEW

Symbol	Grade	Weight
APP	B	-0.34%
AXON	A	-0.27%
MSTR	C	-0.26%
FTNT	C	-0.24%
WBD	C	-0.24%
FLUT	A	-0.23%
COIN	C	-0.23%
HUBS	A	-0.23%
EXPE	B	-0.22%
INTU	C	-0.22%
DECK	A	-0.22%
NTNX	A	-0.22%
CRWD	B	-0.22%
DLTR	F	-0.22%
VTRS	A	-0.22%
SQ	B	-0.22%
BURL	A	-0.22%
ZS	C	-0.22%
CRM	B	-0.22%
SNOW	C	-0.22%
TSN	B	-0.22%
NFLX	A	-0.22%
TTWO	A	-0.22%
DXCM	D	-0.22%
TSLA	B	-0.22%
WDAY	B	-0.22%
DKNG	B	-0.22%
PODD	C	-0.22%
PLTR	B	-0.22%
TEAM	A	-0.22%
FICO	B	-0.22%
RF	A	-0.21%
AFL	B	-0.21%
SNA	A	-0.21%
HLT	A	-0.21%
TPL	A	-0.21%
WELL	A	-0.21%
TRGP	B	-0.21%
FTV	C	-0.21%
VRT	B	-0.21%
MPC	D	-0.21%
GWRE	A	-0.21%
EXPD	D	-0.21%
CNP	B	-0.21%
CTSH	B	-0.21%
EMR	A	-0.21%
MO	A	-0.21%
FIS	C	-0.21%
BBY	D	-0.21%
SHW	A	-0.21%
VRSK	A	-0.21%
PNC	B	-0.21%
LH	C	-0.21%
EBAY	D	-0.21%
EL	F	-0.21%
PANW	C	-0.21%
EQR	B	-0.21%
APD	A	-0.21%
BX	A	-0.21%
WSM	B	-0.21%
LPLA	A	-0.21%
CMG	B	-0.21%
CBRE	B	-0.21%
DDOG	A	-0.21%
PCG	A	-0.21%
DLR	B	-0.21%
EVRG	A	-0.21%
MDB	C	-0.21%
WST	C	-0.21%
BG	F	-0.21%
LYV	A	-0.21%
ZM	B	-0.21%
AMZN	C	-0.21%
BLDR	D	-0.21%
ORCL	B	-0.21%
BALL	D	-0.21%
INTC	D	-0.21%
ESS	B	-0.21%
CHD	B	-0.21%
PNR	A	-0.21%
PEG	A	-0.21%
MNST	C	-0.21%
EXR	D	-0.21%
XEL	A	-0.21%
WSO	A	-0.21%
SPG	B	-0.21%
BMY	B	-0.21%
GEN	B	-0.21%
CTRA	B	-0.21%
CPRT	A	-0.21%
SYK	C	-0.21%
EA	A	-0.21%
COST	B	-0.21%
RCL	A	-0.21%
ROL	B	-0.21%
DASH	A	-0.21%
MAA	B	-0.21%
LOW	D	-0.21%
LUV	C	-0.21%
SBUX	A	-0.21%
IBKR	A	-0.21%
TOL	B	-0.21%
ATO	A	-0.21%
OC	A	-0.21%
TGT	F	-0.21%
ISRG	A	-0.21%
FDS	B	-0.21%
BR	A	-0.21%
LNT	A	-0.21%
MCO	B	-0.21%
DAL	C	-0.21%
ADBE	C	-0.21%
NOW	A	-0.21%
JCI	C	-0.21%
MKL	A	-0.21%
OKE	A	-0.21%
PWR	A	-0.21%
CAH	B	-0.21%
PYPL	B	-0.21%
LNG	B	-0.21%
STZ	D	-0.21%
GM	B	-0.21%
VEEV	C	-0.21%
GDDY	A	-0.21%
MSCI	C	-0.21%
FDX	B	-0.21%
NDSN	B	-0.2%
ENTG	D	-0.2%
GLW	B	-0.2%
STT	A	-0.2%
STE	F	-0.2%
LMT	D	-0.2%
SYF	B	-0.2%
DFS	B	-0.2%
DE	A	-0.2%
UBER	D	-0.2%
HOLX	D	-0.2%
GIS	D	-0.2%
ARE	D	-0.2%
IEX	B	-0.2%
PKG	A	-0.2%
AMT	D	-0.2%
FE	C	-0.2%
ODFL	B	-0.2%
DD	D	-0.2%
MKC	D	-0.2%
WAB	B	-0.2%
DUK	C	-0.2%
PRU	A	-0.2%
OXY	D	-0.2%
RTX	C	-0.2%
NTAP	C	-0.2%
PPG	F	-0.2%
ITW	B	-0.2%
DRI	B	-0.2%
KEY	B	-0.2%
POOL	C	-0.2%
XYL	D	-0.2%
IBM	C	-0.2%
MAS	D	-0.2%
TER	D	-0.2%
DELL	C	-0.2%
ADP	B	-0.2%
TXT	D	-0.2%
GWW	B	-0.2%
DG	F	-0.2%
LRCX	F	-0.2%
ABT	B	-0.2%
WAT	B	-0.2%
BK	A	-0.2%
BMRN	D	-0.2%
DPZ	C	-0.2%
PH	A	-0.2%
WRB	A	-0.2%
FAST	B	-0.2%
SBAC	D	-0.2%
KKR	A	-0.2%
CFG	B	-0.2%
COR	B	-0.2%
PAYX	C	-0.2%
KR	B	-0.2%
CBOE	B	-0.2%
EXC	C	-0.2%
EME	C	-0.2%
ACGL	D	-0.2%
CMS	C	-0.2%
PCAR	B	-0.2%
IRM	D	-0.2%
DVN	F	-0.2%
TROW	B	-0.2%
TRMB	B	-0.2%
NTRS	A	-0.2%
WTW	B	-0.2%
AON	A	-0.2%
DHI	D	-0.2%
BRO	B	-0.2%
AWK	D	-0.2%
HUM	C	-0.2%
NRG	B	-0.2%
GS	A	-0.2%
AMP	A	-0.2%
CCI	D	-0.2%
CINF	A	-0.2%
ETN	A	-0.2%
MA	C	-0.2%
O	D	-0.2%
TDY	B	-0.2%
ADM	D	-0.2%
K	A	-0.2%
MRVL	B	-0.2%
T	A	-0.2%
TFC	A	-0.2%
ORLY	B	-0.2%
MMM	D	-0.2%
DOV	A	-0.2%
ETR	B	-0.2%
CSGP	D	-0.2%
MANH	D	-0.2%
MRO	B	-0.2%
SNPS	B	-0.2%
NET	B	-0.2%
RJF	A	-0.2%
WPC	D	-0.2%
L	A	-0.2%
BRK.A	B	-0.2%
GOOGL	C	-0.2%
WEC	A	-0.2%
CSL	C	-0.2%
VRSN	F	-0.2%
CTAS	B	-0.2%
PFG	D	-0.2%
EW	C	-0.2%
NKE	D	-0.2%
F	C	-0.2%
ECL	D	-0.2%
HSY	F	-0.2%
ULTA	F	-0.2%
NVR	D	-0.2%
CSCO	B	-0.2%
PEP	F	-0.2%
SLB	C	-0.2%
HPQ	B	-0.2%
BKNG	A	-0.2%
EIX	B	-0.2%
ES	D	-0.2%
CLX	B	-0.2%
HES	B	-0.2%
IFF	D	-0.2%
VLTO	D	-0.2%
GILD	C	-0.2%
FNF	B	-0.2%
HPE	B	-0.2%
MTB	A	-0.2%
IR	B	-0.2%
VICI	C	-0.2%
V	A	-0.2%
FSLR	F	-0.2%
OMC	C	-0.2%
ALGN	D	-0.2%
IT	C	-0.2%
VLO	C	-0.2%
TRV	B	-0.2%
CCL	B	-0.2%
ICE	C	-0.2%
GGG	B	-0.2%
WM	A	-0.2%
ZBRA	B	-0.2%
EG	C	-0.2%
PHM	D	-0.2%
RBLX	C	-0.2%
SSNC	B	-0.2%
ROST	C	-0.2%
BSX	B	-0.2%
NVDA	C	-0.2%
LII	A	-0.2%
VTR	C	-0.2%
ANSS	B	-0.2%
CVNA	B	-0.2%
APH	A	-0.2%
KMI	A	-0.2%
DGX	A	-0.2%
GRMN	B	-0.2%
PSX	C	-0.2%
PPL	B	-0.2%
GPC	D	-0.2%
TTD	B	-0.2%
AAPL	C	-0.2%
INVH	D	-0.2%
NI	A	-0.2%
TW	A	-0.2%
ADSK	A	-0.2%
NDAQ	A	-0.2%
GPN	B	-0.2%
CDNS	B	-0.2%
AJG	B	-0.2%
KIM	A	-0.2%
IDXX	F	-0.2%
TYL	B	-0.2%
AMGN	D	-0.19%
AVTR	F	-0.19%
ON	D	-0.19%
PSTG	D	-0.19%
DOW	F	-0.19%
SWKS	F	-0.19%
IQV	D	-0.19%
RVTY	F	-0.19%
CTVA	C	-0.19%
STX	D	-0.19%
ILMN	D	-0.19%
CNC	D	-0.19%
EXAS	D	-0.19%
BIIB	F	-0.19%
JBL	B	-0.19%
MLM	B	-0.19%
ALNY	D	-0.19%
KHC	F	-0.19%
RMD	C	-0.19%
PFE	D	-0.19%
J	F	-0.19%
JBHT	C	-0.19%
CEG	D	-0.19%
SW	A	-0.19%
NOC	D	-0.19%
GD	F	-0.19%
JKHY	D	-0.19%
SUI	D	-0.19%
DOC	D	-0.19%
GEHC	F	-0.19%
ABNB	C	-0.19%
MDT	D	-0.19%
ED	D	-0.19%
AVGO	D	-0.19%
LYB	F	-0.19%
FCNCA	A	-0.19%
TSCO	D	-0.19%
AEP	D	-0.19%
RS	B	-0.19%
TRU	D	-0.19%
KLAC	D	-0.19%
PTC	A	-0.19%
SYY	B	-0.19%
URI	B	-0.19%
CHTR	C	-0.19%
NUE	C	-0.18%
PINS	D	-0.18%
MTD	D	-0.18%
NEM	D	-0.18%
ANET	C	-0.18%
FCX	D	-0.18%
SMCI	F	-0.17%
BAH	F	-0.17%
AKAM	D	-0.17%
LDOS	C	-0.17%
CE	F	-0.16%
MPWR	F	-0.15%
MRNA	F	-0.15%