VOE vs. TCAF ETF Comparison

Comparison of Vanguard Mid-Cap Value ETF - DNQ (VOE) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF)

VOE

Vanguard Mid-Cap Value ETF - DNQ

VOE Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization value stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Value Index, a broadly diversified index of value stocks of mid-size U.S. companies. 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

$174.03

Average Daily Volume

261,045

Number of Holdings ^*

183

* may have additional holdings in another (foreign) market

TCAF

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF

TCAF Description

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in equity securities. The fund may purchase the stocks of companies of any size, but typically focuses on large U.S. companies. The fund may at times invest significantly in certain sectors, including the information technology and healthcare sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.89

Average Daily Volume

559,388

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VOE	TCAF
30 Days	2.98%	0.89%
60 Days	4.61%	3.04%
90 Days	6.87%	3.87%
12 Months	30.91%	28.26%

18 Overlapping Holdings

Symbol	Grade	Weight in VOE	Weight in TCAF	Overlap
AEE	A	0.52%	1.91%	0.52%
AJG	A	1.37%	0.62%	0.62%
AVTR	F	0.32%	0.67%	0.32%
BIIB	F	0.56%	0.53%	0.53%
CMS	C	0.46%	0.82%	0.46%
CNP	A	0.43%	1.49%	0.43%
DLTR	F	0.29%	0.25%	0.25%
DTE	C	0.49%	1.31%	0.49%
EXC	C	0.87%	0.34%	0.34%
FTV	C	0.56%	2.71%	0.56%
GEHC	D	0.84%	0.54%	0.54%
IR	B	0.43%	1.19%	0.43%
LNT	A	0.34%	0.12%	0.12%
NI	A	0.18%	1.09%	0.18%
RVTY	F	0.33%	2.44%	0.33%
WEC	A	0.67%	0.12%	0.12%
WTW	B	0.68%	0.21%	0.21%
XEL	A	0.83%	0.11%	0.11%

VOE Overweight 165 Positions Relative to TCAF

Symbol	Grade	Weight
CARR	C	1.39%
DLR	B	1.3%
OKE	A	1.26%
PCAR	B	1.22%
URI	C	1.2%
NEM	D	1.17%
AMP	A	1.11%
ALL	A	1.1%
DHI	F	1.1%
FIS	C	1.09%
LHX	C	1.04%
CMI	A	1.0%
PEG	A	0.99%
KVUE	A	0.98%
PRU	A	0.97%
PCG	A	0.94%
CTVA	C	0.93%
LNG	A	0.92%
COR	B	0.9%
EA	A	0.89%
LEN	D	0.89%
CBRE	B	0.89%
OTIS	C	0.88%
BKR	A	0.84%
GIS	D	0.84%
DFS	B	0.83%
GLW	B	0.82%
SYY	D	0.82%
DAL	B	0.82%
CTSH	B	0.82%
KR	B	0.81%
IRM	C	0.81%
ED	C	0.78%
ACGL	C	0.78%
DOW	F	0.77%
HPQ	B	0.77%
NDAQ	A	0.76%
NUE	C	0.75%
ETR	B	0.74%
VICI	C	0.74%
CNC	D	0.73%
WAB	B	0.73%
HIG	B	0.72%
MTB	A	0.72%
WMB	A	0.71%
AVB	B	0.7%
EIX	B	0.7%
DD	C	0.69%
GRMN	B	0.68%
FITB	B	0.66%
PPG	F	0.65%
EBAY	D	0.63%
RJF	A	0.61%
PHM	D	0.6%
AWK	C	0.6%
VTR	B	0.6%
STT	B	0.59%
GPN	B	0.59%
ADM	D	0.59%
CAH	B	0.59%
KEYS	A	0.58%
DOV	A	0.58%
SPG	A	0.58%
IFF	D	0.57%
UAL	A	0.57%
CDW	F	0.56%
JCI	B	0.56%
HPE	B	0.56%
EQR	C	0.56%
AIG	B	0.54%
TROW	B	0.54%
NTAP	C	0.53%
ES	C	0.52%
PPL	A	0.51%
FE	C	0.51%
KMI	A	0.51%
CBOE	C	0.5%
WDC	D	0.5%
LYB	F	0.5%
HBAN	A	0.5%
WY	F	0.5%
RF	A	0.49%
CINF	A	0.49%
K	A	0.49%
ZBH	C	0.48%
SYF	B	0.48%
PKG	A	0.46%
GEV	B	0.46%
CLX	A	0.44%
MCHP	F	0.44%
ZBRA	B	0.44%
MKC	C	0.44%
OMC	C	0.44%
LH	B	0.43%
NTRS	A	0.43%
IP	A	0.43%
ARE	F	0.43%
HOLX	D	0.42%
DRI	B	0.42%
PFG	D	0.42%
BAX	F	0.41%
ESS	B	0.41%
LUV	C	0.41%
D	C	0.4%
CFG	B	0.4%
BALL	F	0.4%
SNA	A	0.39%
MAS	D	0.39%
J	D	0.39%
BBY	D	0.39%
DG	F	0.39%
ZM	C	0.39%
MAA	B	0.39%
DGX	A	0.38%
AVY	F	0.37%
TSN	B	0.37%
EXPD	C	0.37%
GPC	D	0.36%
KEY	B	0.36%
WBD	B	0.36%
WRB	A	0.36%
FNF	B	0.35%
TXT	D	0.34%
ROK	C	0.34%
GEN	B	0.34%
AKAM	D	0.34%
EG	C	0.34%
L	A	0.33%
CF	A	0.33%
SWK	D	0.32%
CVNA	B	0.32%
SSNC	B	0.32%
CE	F	0.31%
VTRS	A	0.31%
CAG	F	0.31%
SWKS	F	0.31%
NVR	D	0.3%
NWSA	A	0.3%
WPC	C	0.27%
LDOS	C	0.27%
HAL	C	0.25%
FOXA	A	0.25%
HUBB	B	0.25%
STE	D	0.24%
RPRX	D	0.23%
TRU	D	0.22%
HRL	D	0.21%
MKL	A	0.21%
STLD	B	0.21%
CPB	D	0.2%
CRBG	B	0.17%
EL	F	0.17%
MRO	B	0.17%
DOC	C	0.17%
TRMB	B	0.16%
EVRG	A	0.15%
MGM	D	0.09%
UDR	B	0.08%
BEN	C	0.07%
WBA	F	0.07%
WLK	D	0.06%
AGR	A	0.06%
ALB	B	0.06%
LEN	D	0.06%
FOX	A	0.06%

VOE Underweight 75 Positions Relative to TCAF

Symbol	Grade	Weight
MSFT	D	-8.23%
NVDA	B	-6.12%
AAPL	C	-5.34%
AMZN	C	-4.51%
GOOGL	C	-3.12%
UNH	B	-2.95%
DHR	F	-2.63%
BDX	F	-2.48%
META	D	-2.3%
ROP	B	-1.74%
PTC	B	-1.67%
WCN	A	-1.64%
CRM	B	-1.63%
INTU	B	-1.55%
MA	B	-1.53%
LLY	F	-1.5%
VLTO	C	-1.49%
RTX	D	-1.47%
V	A	-1.44%
AVGO	D	-1.39%
LIN	C	-1.24%
ABT	B	-1.24%
MLM	C	-1.2%
NOC	D	-1.18%
ICE	C	-1.06%
MCK	A	-1.05%
YUM	D	-1.04%
AMD	F	-1.02%
MMC	B	-0.98%
ADSK	A	-0.95%
TMO	F	-0.93%
HLT	A	-0.92%
MCD	D	-0.78%
TDY	B	-0.71%
AMT	C	-0.7%
SCI	B	-0.68%
ELV	F	-0.67%
ABBV	F	-0.67%
HUM	C	-0.55%
SBAC	D	-0.55%
NXPI	D	-0.53%
KKR	A	-0.49%
KDP	F	-0.46%
RSG	A	-0.44%
AUR	C	-0.41%
SBUX	A	-0.38%
NKE	F	-0.36%
BKNG	A	-0.34%
IEX	C	-0.33%
LRCX	F	-0.32%
ANSS	B	-0.32%
CSX	C	-0.28%
MAR	A	-0.28%
ARGX	B	-0.26%
ACN	B	-0.25%
CME	B	-0.24%
AME	A	-0.2%
MS	A	-0.2%
SPGI	C	-0.2%
CMG	B	-0.16%
SYK	B	-0.15%
SLB	C	-0.15%
MSCI	C	-0.14%
DIS	B	-0.14%
CDNS	B	-0.12%
KLAC	F	-0.12%
VMC	B	-0.11%
TW	A	-0.1%
INFA	D	-0.1%
GS	A	-0.1%
PNC	B	-0.1%
BA	F	-0.09%
TYL	B	-0.06%
TT	A	-0.05%
APH	A	-0.04%