WLDR vs. TVAL ETF Comparison

Comparison of Affinity World Leaders Equity ETF (WLDR) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL)

WLDR

Affinity World Leaders Equity ETF

WLDR Description

The investment seeks to provide investment results that correspond generally, before fees and expenses, to the performance of the Thomson Reuters StarMine Affinity World Leaders Index (the index). The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities included in the index. The index is expected to consist of approximately 150 to 250 stocks of companies located in the U.S. and in at least three countries outside of the U.S. and may invest in up to 20 countries. It will be significantly invested in the securities of international companies in addition to securities of U.S. companies.

Grade (RS Rating)

Last Trade

$34.72

Average Daily Volume

3,014

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Performance

Period	WLDR	TVAL
30 Days	5.56%	2.98%
60 Days	5.63%	4.22%
90 Days	8.20%	5.88%
12 Months	36.70%	29.14%

17 Overlapping Holdings

Symbol	Grade	Weight in WLDR	Weight in TVAL	Overlap
ALL	A	0.6%	0.39%	0.39%
AMAT	F	2.71%	0.38%	0.38%
BKR	B	1.03%	0.35%	0.35%
CF	B	0.5%	0.52%	0.5%
CI	F	0.7%	0.87%	0.7%
CMCSA	B	1.4%	0.46%	0.46%
ELV	F	0.62%	1.81%	0.62%
FANG	D	0.81%	0.43%	0.43%
FI	A	0.71%	1.53%	0.71%
HCA	F	0.6%	0.45%	0.45%
META	D	2.8%	0.87%	0.87%
PM	B	1.04%	1.41%	1.04%
SWK	D	0.7%	1.1%	0.7%
UAL	A	0.42%	0.31%	0.31%
VST	B	0.49%	0.74%	0.49%
VZ	C	1.35%	0.58%	0.58%
WMB	A	1.05%	0.46%	0.46%

WLDR Overweight 56 Positions Relative to TVAL

Symbol	Grade	Weight
APP	B	3.84%
DELL	C	3.19%
HPE	B	2.98%
NTAP	C	2.96%
STX	D	2.68%
BURL	A	2.66%
CPNG	D	2.32%
VTRS	A	2.26%
DOCU	A	2.03%
PFE	D	1.87%
GEN	B	1.87%
CTSH	B	1.85%
SSNC	B	1.74%
EBAY	D	1.64%
DFS	B	1.43%
RF	A	1.32%
BK	A	1.3%
TROW	B	1.28%
BRK.A	B	1.21%
VRT	B	1.18%
OMC	C	1.15%
TEVA	D	1.07%
OC	A	0.95%
LMT	D	0.94%
MO	A	0.93%
MMM	D	0.9%
TOL	B	0.88%
USFD	A	0.88%
KR	B	0.87%
BCS	C	0.81%
CCL	B	0.79%
RCL	A	0.78%
PYPL	B	0.62%
THC	D	0.59%
UHS	D	0.57%
MKL	A	0.56%
CNC	D	0.54%
LOGI	D	0.54%
GOLD	D	0.52%
AER	B	0.51%
RNR	C	0.47%
EMN	D	0.45%
ETR	B	0.4%
PPL	B	0.38%
FIS	C	0.38%
DAL	C	0.37%
EVRG	A	0.36%
EXC	C	0.36%
SPG	B	0.36%
VICI	C	0.31%
GLPI	C	0.29%
LUV	C	0.29%
DOC	D	0.29%
CPT	B	0.29%
PKG	A	0.26%
NEM	D	0.23%

WLDR Underweight 127 Positions Relative to TVAL

Symbol	Grade	Weight
XOM	B	-2.56%
CB	C	-2.23%
HIG	B	-1.96%
UNH	C	-1.9%
WMT	A	-1.89%
BAC	A	-1.89%
JNJ	D	-1.82%
WFC	A	-1.77%
SO	D	-1.67%
KVUE	A	-1.49%
LHX	C	-1.36%
COP	C	-1.25%
JPM	A	-1.23%
AVB	B	-1.22%
GE	D	-1.21%
LLY	F	-1.19%
TMO	F	-1.12%
CMI	A	-1.09%
QCOM	F	-1.08%
BDX	F	-1.01%
EQH	B	-1.0%
GOOG	C	-0.95%
SCHW	B	-0.89%
TMUS	B	-0.88%
WY	D	-0.88%
AIG	B	-0.87%
ZBH	C	-0.85%
CL	D	-0.84%
EOG	A	-0.82%
C	A	-0.81%
MCK	B	-0.8%
MRK	F	-0.8%
FITB	A	-0.77%
NWSA	B	-0.75%
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%
DHR	F	-0.65%
IP	B	-0.64%
HD	A	-0.63%
RSG	A	-0.62%
WDC	D	-0.6%
NEE	D	-0.59%
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%
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%
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%
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%
ABBV	D	-0.36%
YUM	B	-0.36%
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%
TT	A	-0.31%
AME	A	-0.31%
OTIS	C	-0.3%
CAT	B	-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%