ZECP vs. TVAL ETF Comparison

Comparison of Zacks Earnings Consistent Portfolio ETF (ZECP) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL)

ZECP

Zacks Earnings Consistent Portfolio ETF

ZECP Description

The Zacks Earnings Consistent Portfolio ETF seeks to provide long-term total returns and minimize capital loss. The Fund pursues its investment objective by constructing a portfolio of companies that exhibit a track record of moving through recessionary periods with little to minimal impact on aggregate earnings growth relative to the overall equity market.

Grade (RS Rating)

Last Trade

$30.70

Average Daily Volume

28,684

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

$31.88

Average Daily Volume

9,287

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ZECP	TVAL
30 Days	1.89%	1.89%
60 Days	4.35%	3.97%
90 Days	6.41%	6.37%
12 Months	27.95%	28.31%

4 Overlapping Holdings

Symbol	Grade	Weight in ZECP	Weight in TVAL	Overlap
HIG	B	2.02%	1.87%	1.87%
LLY	D	2.98%	1.63%	1.63%
SO	B	1.18%	1.68%	1.18%
WMT	B	2.56%	2.02%	2.02%

ZECP Overweight 48 Positions Relative to TVAL

Symbol	Grade	Weight
AAPL	C	7.04%
MSFT	C	6.68%
GOOGL	D	4.77%
UNH	C	3.09%
PG	C	3.01%
CAT	B	2.73%
JPM	D	2.71%
AXP	B	2.66%
HD	B	2.65%
SNPS	F	2.47%
MMC	C	2.2%
CTAS	C	2.12%
NFLX	B	2.09%
AEP	C	1.99%
PEP	D	1.91%
AMP	B	1.87%
RSG	D	1.81%
ACN	C	1.71%
AMGN	D	1.62%
JNJ	C	1.56%
ORCL	B	1.55%
MCO	C	1.53%
MET	B	1.53%
HSY	D	1.5%
MRK	F	1.43%
INTU	D	1.36%
HON	C	1.35%
MAR	B	1.33%
TMO	B	1.21%
SYK	C	1.19%
TXN	B	1.19%
PNC	C	1.17%
ABT	C	1.17%
AWK	C	1.13%
BSX	B	1.08%
MCD	B	1.04%
WRB	D	1.0%
GD	C	1.0%
NEE	B	0.96%
MAA	C	0.95%
IBM	B	0.93%
MOH	D	0.91%
RTX	B	0.89%
DHR	B	0.86%
BLK	B	0.85%
PLD	C	0.79%
CHD	C	0.76%
CAH	C	0.71%

ZECP Underweight 6 Positions Relative to TVAL

Symbol	Grade	Weight
XOM	D	-2.61%
WFC	D	-2.55%
ELV	D	-2.17%
QCOM	D	-2.07%
CB	B	-1.96%
BAC	D	-1.72%