TVAL vs. IXJ ETF Comparison

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

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

IXJ

iShares Global Healthcare ETF

IXJ Description

The investment seeks to track the investment results of an index composed of global equities in the healthcare sector. 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 1200 Healthcare Sector IndexTM (the "underlying index"), which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), deems to be a part of the healthcare sector of the economy and that S&P believes are important to global markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$90.41

Average Daily Volume

132,450

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TVAL	IXJ
30 Days	2.98%	-5.50%
60 Days	4.22%	-8.05%
90 Days	5.88%	-9.84%
12 Months	29.14%	10.11%

20 Overlapping Holdings

Symbol	Grade	Weight in TVAL	Weight in IXJ	Overlap
A	D	0.33%	0.52%	0.33%
ABBV	D	0.36%	4.08%	0.36%
BAX	D	0.5%	0.22%	0.22%
BDX	F	1.01%	0.89%	0.89%
CI	F	0.87%	1.23%	0.87%
CVS	D	0.23%	0.94%	0.23%
DHR	F	0.65%	2.09%	0.65%
ELV	F	1.81%	1.28%	1.28%
HCA	F	0.45%	0.87%	0.45%
JNJ	D	1.82%	4.7%	1.82%
LLY	F	1.19%	8.42%	1.19%
MCK	B	0.8%	1.08%	0.8%
MOH	F	0.28%	0.25%	0.25%
MRK	F	0.8%	3.39%	0.8%
REGN	F	0.42%	1.13%	0.42%
TMO	F	1.12%	2.76%	1.12%
UNH	C	1.9%	7.43%	1.9%
VRTX	F	0.29%	1.7%	0.29%
ZBH	C	0.85%	0.3%	0.3%
ZTS	D	0.23%	1.09%	0.23%

TVAL Overweight 124 Positions Relative to IXJ

Symbol	Grade	Weight
XOM	B	2.56%
CB	C	2.23%
HIG	B	1.96%
WMT	A	1.89%
BAC	A	1.89%
WFC	A	1.77%
SO	D	1.67%
FI	A	1.53%
KVUE	A	1.49%
PM	B	1.41%
LHX	C	1.36%
COP	C	1.25%
JPM	A	1.23%
AVB	B	1.22%
GE	D	1.21%
SWK	D	1.1%
CMI	A	1.09%
QCOM	F	1.08%
EQH	B	1.0%
GOOG	C	0.95%
SCHW	B	0.89%
TMUS	B	0.88%
WY	D	0.88%
META	D	0.87%
AIG	B	0.87%
CL	D	0.84%
EOG	A	0.82%
C	A	0.81%
FITB	A	0.77%
NWSA	B	0.75%
VST	B	0.74%
NSC	B	0.74%
CVX	A	0.73%
LIN	D	0.73%
KO	D	0.72%
PG	A	0.72%
TXN	C	0.7%
HUBB	B	0.7%
ACN	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%
MSFT	F	0.65%
AEE	A	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%
MS	A	0.56%
D	C	0.55%
AZO	C	0.52%
RPM	A	0.52%
ROK	B	0.52%
CF	B	0.52%
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%
MCD	D	0.46%
APO	B	0.46%
TDG	D	0.46%
HBAN	A	0.45%
ARES	A	0.45%
MU	D	0.45%
PSA	D	0.44%
BLK	C	0.43%
FANG	D	0.43%
MDLZ	F	0.43%
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%
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%
COF	B	0.33%
STLD	B	0.32%
UAL	A	0.31%
TT	A	0.31%
AME	A	0.31%
OTIS	C	0.3%
CAT	B	0.3%
ROP	B	0.29%
TJX	A	0.29%
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%
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 43 Positions Relative to IXJ

Symbol	Grade	Weight
ABT	B	-2.72%
ISRG	A	-2.59%
AMGN	D	-2.16%
PFE	D	-2.02%
SYK	C	-1.79%
BSX	B	-1.75%
BMY	B	-1.63%
GILD	C	-1.56%
MDT	D	-1.5%
COR	B	-0.58%
EW	C	-0.54%
GEHC	F	-0.52%
IDXX	F	-0.48%
IQV	D	-0.48%
HUM	C	-0.47%
RMD	C	-0.46%
CNC	D	-0.42%
CAH	B	-0.41%
DXCM	D	-0.41%
MTD	D	-0.36%
BIIB	F	-0.34%
WST	C	-0.33%
WAT	B	-0.31%
STE	F	-0.3%
LH	C	-0.27%
COO	D	-0.27%
PODD	C	-0.25%
DGX	A	-0.24%
HOLX	D	-0.24%
ALGN	D	-0.22%
VTRS	A	-0.22%
RVTY	F	-0.2%
INCY	C	-0.17%
TECH	D	-0.16%
UHS	D	-0.16%
CTLT	B	-0.15%
CRL	C	-0.15%
TFX	F	-0.13%
SOLV	C	-0.13%
HSIC	B	-0.12%
MRNA	F	-0.12%
DVA	B	-0.1%
MBAVU	D	-0.05%