TVAL vs. IOO ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL) to iShares Global 100 ETF (IOO)

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

IOO

iShares Global 100 ETF

IOO Description

The investment seeks to track the investment results of an index composed of 100 large-capitalization global equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global 100TM (the "underlying index"), which is designed to measure the performance of 100 large-capitalization global companies.

Grade (RS Rating)

Last Trade

$99.08

Average Daily Volume

174,064

Number of Holdings ^*

54

* may have additional holdings in another (foreign) market

Performance

Period	TVAL	IOO
30 Days	2.98%	-0.58%
60 Days	4.22%	1.05%
90 Days	5.88%	0.63%
12 Months	29.14%	27.79%

26 Overlapping Holdings

	Symbol	Grade	Weight in TVAL	Weight in IOO	Overlap
	ACN	C	0.7%	0.78%	0.7%
	C	A	0.81%	0.47%	0.47%
	CAT	B	0.3%	0.65%	0.3%
	CL	D	0.84%	0.27%	0.27%
	CVX	A	0.73%	0.97%	0.73%
	GE	D	1.21%	0.67%	0.67%
	GOOG	C	0.95%	2.93%	0.95%
	HON	B	0.68%	0.52%	0.52%
	JNJ	D	1.82%	1.3%	1.3%
	JPM	A	1.23%	2.45%	1.23%
	KMB	D	0.66%	0.16%	0.16%
	KO	D	0.72%	0.84%	0.72%
	LIN	D	0.73%	0.76%	0.73%
	LLY	F	1.19%	2.07%	1.19%
	MCD	D	0.46%	0.74%	0.46%
	MMC	B	0.67%	0.38%	0.38%
	MRK	F	0.8%	0.86%	0.8%
	MS	A	0.56%	0.59%	0.56%
	MSFT	F	0.65%	10.84%	0.65%
	PG	A	0.72%	1.4%	0.72%
	PM	B	1.41%	0.7%	0.7%
	QCOM	F	1.08%	0.63%	0.63%
	TMO	F	1.12%	0.69%	0.69%
	TXN	C	0.7%	0.65%	0.65%
	WMT	A	1.89%	1.29%	1.29%
	XOM	B	2.56%	1.87%	1.87%

TVAL Overweight 118 Positions Relative to IOO

	Symbol	Grade	Weight
	CB	C	2.23%
	HIG	B	1.96%
	UNH	C	1.9%
	BAC	A	1.89%
	ELV	F	1.81%
	WFC	A	1.77%
	SO	D	1.67%
	FI	A	1.53%
	KVUE	A	1.49%
	LHX	C	1.36%
	COP	C	1.25%
	AVB	B	1.22%
	SWK	D	1.1%
	CMI	A	1.09%
	BDX	F	1.01%
	EQH	B	1.0%
	SCHW	B	0.89%
	TMUS	B	0.88%
	WY	D	0.88%
	META	D	0.87%
	AIG	B	0.87%
	CI	F	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%
	NSC	B	0.74%
	HUBB	B	0.7%
	GEV	B	0.7%
	TTE	F	0.7%
	SRE	A	0.68%
	AEE	A	0.65%
	DHR	F	0.65%
	IP	B	0.64%
	HD	A	0.63%
	RSG	A	0.62%
	WDC	D	0.6%
	NEE	D	0.59%
	VZ	C	0.58%
	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%
	CSX	B	0.49%
	HWM	A	0.48%
	REXR	F	0.48%
	PGR	A	0.48%
	AZN	D	0.47%
	MAR	B	0.47%
	WMB	A	0.46%
	CMCSA	B	0.46%
	EQT	B	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%
	BLK	C	0.43%
	FANG	D	0.43%
	MDLZ	F	0.43%
	REGN	F	0.42%
	UNP	C	0.42%
	CPAY	A	0.42%
	LEN	D	0.42%
	LVS	C	0.41%
	LAMR	D	0.4%
	KDP	D	0.4%
	CAG	D	0.4%
	TSM	B	0.39%
	ALL	A	0.39%
	AMAT	F	0.38%
	ABBV	D	0.36%
	YUM	B	0.36%
	BKR	B	0.35%
	KEYS	A	0.35%
	ADI	D	0.35%
	PLD	D	0.34%
	MSI	B	0.34%
	EFX	F	0.33%
	A	D	0.33%
	COF	B	0.33%
	STLD	B	0.32%
	UAL	A	0.31%
	TT	A	0.31%
	AME	A	0.31%
	OTIS	C	0.3%
	VRTX	F	0.29%
	ROP	B	0.29%
	TJX	A	0.29%
	MOH	F	0.28%
	UPS	C	0.28%
	CARR	D	0.27%
	MCHP	D	0.27%
	AXP	A	0.26%
	SPGI	C	0.26%
	CDW	F	0.25%
	MGM	D	0.24%
	ZTS	D	0.23%
	CVS	D	0.23%
	CME	A	0.23%
	HAL	C	0.22%
	VMC	B	0.22%
	AMD	F	0.22%
	MET	A	0.22%
	BHP	F	0.2%
	DIS	B	0.2%
	AVY	D	0.19%
	SNY	F	0.19%
	DTE	C	0.17%
	EQIX	A	0.16%

TVAL Underweight 28 Positions Relative to IOO

	Symbol	Grade	Weight
	NVDA	C	-12.27%
	AAPL	C	-12.02%
	AMZN	C	-6.65%
	GOOGL	C	-3.55%
	AVGO	D	-2.7%
	MA	C	-1.51%
	CSCO	B	-0.81%
	PEP	F	-0.77%
	TM	D	-0.76%
	ABT	B	-0.71%
	GS	A	-0.66%
	IBM	C	-0.66%
	RTX	C	-0.55%
	MUFG	B	-0.51%
	PFE	D	-0.5%
	SONY	B	-0.41%
	BMY	B	-0.4%
	AMT	D	-0.32%
	NKE	D	-0.32%
	INTC	D	-0.31%
	AON	A	-0.29%
	EMR	A	-0.26%
	MMM	D	-0.25%
	JCI	C	-0.2%
	F	C	-0.16%
	HMC	F	-0.15%
	HPQ	B	-0.13%
	DD	D	-0.13%

TVAL: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Semiconductors Diversified Industrials Health Care Plans Banks - Global Household & Personal Products Oil & Gas E&P Specialty Industrial Machinery Utilities - Regulated Electric Asset Management Banks - Regional - US Business Services Capital Markets Diagnostics & Research Insurance - Diversified Insurance - Property & Casualty Oil & Gas Integrated REIT - Industrial Railroads Aerospace & Defense

Keywords: S&P 500 Nasdaq 100 Natural Gas Dow Jones Component Insurance Electricity Bank Oil And Gas Aerospace Banking Computing Chemical Crude Oil Insurance Products Mining Semiconductor Cash Management Electronics Financial Products Health Insurance

IOO: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Semiconductors Auto Manufacturers Banks - Global Diversified Industrials Household & Personal Products Beverages - Soft Drinks Capital Markets Consumer Electronics Information Technology Services Insurance Brokers Internet Content & Information Oil & Gas Integrated Aerospace & Defense Chemicals Communication Equipment Computer Systems Credit Services Diagnostics & Research Discount Stores

Keywords: S&P 500 Dow Jones Component Nasdaq 100 Computing Pharmaceutical Products Work From Home Electronics Smartphones Telecommunications Aerospace Chemical Diabetes Financial Products Health Care Products Hyperscale Hypertension Integrated Circuits Investment Bank Investment Banking Investment Product