TVAL vs. MGV ETF Comparison

Comparison of T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL) to Vanguard Mega Cap Value ETF (MGV)

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

MGV

Vanguard Mega Cap Value ETF

MGV Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Value Index, which represents the value companies of the CRSP US Mega Cap Index. The index is a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization value stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$132.26

Average Daily Volume

225,298

Number of Holdings ^*

135

* may have additional holdings in another (foreign) market

Performance

Period	TVAL	MGV
30 Days	2.98%	2.46%
60 Days	4.22%	3.73%
90 Days	5.88%	5.92%
12 Months	29.14%	30.27%

69 Overlapping Holdings

Symbol	Grade	Weight in TVAL	Weight in MGV	Overlap
ABBV	D	0.36%	2.12%	0.36%
ACN	C	0.7%	0.64%	0.64%
ADI	D	0.35%	0.65%	0.35%
AIG	B	0.87%	0.14%	0.14%
AXP	A	0.26%	0.79%	0.26%
BAC	A	1.89%	1.72%	1.72%
BDX	F	1.01%	0.4%	0.4%
BLK	C	0.43%	0.81%	0.43%
C	A	0.81%	0.69%	0.69%
CAT	B	0.3%	1.07%	0.3%
CB	C	2.23%	0.64%	0.64%
CI	F	0.87%	0.52%	0.52%
CL	D	0.84%	0.45%	0.45%
CMCSA	B	0.46%	0.99%	0.46%
CME	A	0.23%	0.48%	0.23%
COF	B	0.33%	0.35%	0.33%
COP	C	1.25%	0.75%	0.75%
CSX	B	0.49%	0.38%	0.38%
CVS	D	0.23%	0.42%	0.23%
CVX	A	0.73%	1.52%	0.73%
D	C	0.55%	0.15%	0.15%
DHR	F	0.65%	0.94%	0.65%
DIS	B	0.2%	0.51%	0.2%
ELV	F	1.81%	0.55%	0.55%
EOG	A	0.82%	0.41%	0.41%
FI	A	1.53%	0.67%	0.67%
GE	D	1.21%	1.04%	1.04%
GEV	B	0.7%	0.12%	0.12%
HCA	F	0.45%	0.38%	0.38%
HD	A	0.63%	2.3%	0.63%
HON	B	0.68%	0.79%	0.68%
JNJ	D	1.82%	2.26%	1.82%
JPM	A	1.23%	3.72%	1.23%
KDP	D	0.4%	0.21%	0.21%
KMB	D	0.66%	0.27%	0.27%
KO	D	0.72%	1.49%	0.72%
LIN	D	0.73%	0.64%	0.64%
MCK	B	0.8%	0.38%	0.38%
MDLZ	F	0.43%	0.54%	0.43%
MET	A	0.22%	0.27%	0.22%
MMC	B	0.67%	0.63%	0.63%
MRK	F	0.8%	1.53%	0.8%
MS	A	0.56%	0.83%	0.56%
MU	D	0.45%	0.65%	0.45%
NEE	D	0.59%	0.96%	0.59%
NSC	B	0.74%	0.33%	0.33%
PG	A	0.72%	2.28%	0.72%
PGR	A	0.48%	0.84%	0.48%
PLD	D	0.34%	0.62%	0.34%
PM	B	1.41%	1.21%	1.21%
PSA	D	0.44%	0.31%	0.31%
QCOM	F	1.08%	1.07%	1.07%
REGN	F	0.42%	0.54%	0.42%
ROP	B	0.29%	0.34%	0.29%
RSG	A	0.62%	0.24%	0.24%
SCHW	B	0.89%	0.63%	0.63%
SO	D	1.67%	0.59%	0.59%
SRE	A	0.68%	0.31%	0.31%
TMO	F	1.12%	1.23%	1.12%
TT	A	0.31%	0.49%	0.31%
UNH	C	1.9%	3.07%	1.9%
UNP	C	0.42%	0.83%	0.42%
UPS	C	0.28%	0.58%	0.28%
USB	A	0.56%	0.44%	0.44%
VZ	C	0.58%	0.94%	0.58%
WFC	A	1.77%	1.3%	1.3%
WMB	A	0.46%	0.19%	0.19%
WMT	A	1.89%	2.13%	1.89%
XOM	B	2.56%	3.05%	2.56%

TVAL Overweight 75 Positions Relative to MGV

Symbol	Grade	Weight
HIG	B	1.96%
KVUE	A	1.49%
LHX	C	1.36%
AVB	B	1.22%
LLY	F	1.19%
SWK	D	1.1%
CMI	A	1.09%
EQH	B	1.0%
GOOG	C	0.95%
TMUS	B	0.88%
WY	D	0.88%
META	D	0.87%
ZBH	C	0.85%
FITB	A	0.77%
NWSA	B	0.75%
VST	B	0.74%
TXN	C	0.7%
HUBB	B	0.7%
TTE	F	0.7%
MSFT	F	0.65%
AEE	A	0.65%
IP	B	0.64%
WDC	D	0.6%
BA	F	0.56%
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%
AZN	D	0.47%
MAR	B	0.47%
EQT	B	0.46%
MCD	D	0.46%
APO	B	0.46%
TDG	D	0.46%
HBAN	A	0.45%
ARES	A	0.45%
FANG	D	0.43%
CPAY	A	0.42%
LEN	D	0.42%
LVS	C	0.41%
LAMR	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%
MSI	B	0.34%
EFX	F	0.33%
A	D	0.33%
STLD	B	0.32%
UAL	A	0.31%
AME	A	0.31%
OTIS	C	0.3%
VRTX	F	0.29%
TJX	A	0.29%
MOH	F	0.28%
CARR	D	0.27%
MCHP	D	0.27%
SPGI	C	0.26%
CDW	F	0.25%
MGM	D	0.24%
ZTS	D	0.23%
HAL	C	0.22%
VMC	B	0.22%
AMD	F	0.22%
BHP	F	0.2%
AVY	D	0.19%
SNY	F	0.19%
DTE	C	0.17%
EQIX	A	0.16%

TVAL Underweight 66 Positions Relative to MGV

Symbol	Grade	Weight
BRK.A	B	-3.35%
AVGO	D	-2.33%
ORCL	B	-1.63%
BRK.A	B	-1.49%
PEP	F	-1.34%
CSCO	B	-1.17%
ABT	B	-1.16%
IBM	C	-1.12%
AMGN	D	-1.01%
GS	A	-0.96%
RTX	C	-0.95%
T	A	-0.95%
PFE	D	-0.94%
LOW	D	-0.88%
ETN	A	-0.78%
LMT	D	-0.77%
BMY	B	-0.67%
MDT	D	-0.67%
GILD	C	-0.65%
DE	A	-0.62%
MO	A	-0.55%
KKR	A	-0.54%
ICE	C	-0.53%
DUK	C	-0.52%
WM	A	-0.51%
INTC	D	-0.49%
PYPL	B	-0.48%
PH	A	-0.48%
NOC	D	-0.44%
ITW	B	-0.43%
MMM	D	-0.42%
APD	A	-0.41%
TGT	F	-0.41%
GD	F	-0.4%
FCX	D	-0.38%
FDX	B	-0.36%
BX	A	-0.36%
SYK	C	-0.36%
PNC	B	-0.36%
EMR	A	-0.36%
AFL	B	-0.35%
ADP	B	-0.35%
GM	B	-0.34%
TFC	A	-0.34%
BK	A	-0.33%
TRV	B	-0.33%
AEP	D	-0.31%
PSX	C	-0.3%
MPC	D	-0.29%
NKE	D	-0.27%
CCI	D	-0.27%
F	C	-0.24%
VLO	C	-0.23%
AON	A	-0.22%
STZ	D	-0.22%
DELL	C	-0.2%
OXY	D	-0.19%
CHTR	C	-0.18%
HUM	C	-0.18%
SLB	C	-0.17%
JCI	C	-0.15%
SPG	B	-0.15%
KHC	F	-0.15%
KMI	A	-0.14%
PAYX	C	-0.13%
EL	F	-0.02%