The fund seeks to provide long-term capital growth.
Performance data quoted represents past performance and does not guarantee future results; current performance may be higher or lower than performance quoted. Investment returns and principal value will fluctuate and shares, when sold, may be worth more or less than their original cost. Market returns are based on the midpoint of the bid/ask spread as 4p.m. ET and do not represent returns an investor would receive if shares were traded at other times. Click the Performance tab for standardized performance information.
Team
Investment Objective
The fund seeks to provide long-term capital growth.
Benefits
- Our investment approach reflects our belief that solid company fundamentals combined with a positive industry outlook will ultimately reward investors with strong investment performance.
Investor Profile
For investors seeking an equity investment with a risk profile and expected returns slightly greater than the S&P 500 that provides potential for long-term capital growth with some dividend income.
Risks
All investments are subject to market risk, including the possible loss of principal. Sector exposure: Issuers in the same economic sector may be similarly affected by economic or market events, making the fund more vulnerable to unfavorable developments in that economic sector than funds that invest more broadly. Index correlation: Because the fund weights each sector and industry approximately the same as the Index, the fund’s ability to broadly reallocate its portfolio due to changes in outlook for a particular sector or industry is more limited than other actively managed funds with greater flexibility to overweight or underweight certain industries due to changes in market conditions. As a result, the fund’s performance may lag the performance of other actively managed funds with more flexible investment programs. Large-cap stocks: Securities issued by large-cap companies tend to be less volatile than securities issued by small- and mid-cap companies. However, large-cap companies may not be able to attain the high growth rates of successful small- and mid-cap companies, especially during strong economic periods, and may be unable to respond as quickly to competitive challenges. See the prospectus for more detail on the fund’s principal risks.
Average Annual Returns
Expense Ratio
Expense Ratio
Performance data quoted represents past performance and does not guarantee future results; current performance may be higher or lower than performance quoted. Investment returns and principal value will fluctuate and shares, when sold, may be worth more or less than their original cost. Market returns are based on the midpoint of the bid/ask spread as 4p.m. ET and do not represent returns an investor would receive if shares were traded at other times.
The gross expense ratio reflects the fund expenses as stated in the fee table of the fund's prospectus prior to the deduction of any waiver or reimbursement. The net expense ratio reflects fund expenses after the deduction of any waiver or reimbursement. If a fund has an active contractual expense limitation, the expiration date is shown below the gross and net expense ratio values above. Expense ratios are as of the most recent prospectus.
Current Year Performance
Distributions
Future Declarations
Top 10 Holdings
Holdings are shown at the issuer/company level as of the date indicated and are subject to change.
The total of the values in the second column in the table may not add up to the Top 10% of Total Net Assets quoted in the table due to rounding.
T. Rowe Price uses the current MSCI/S&P Global Industry Classification Standard (GICS) for sector and industry reporting. T. Rowe Price will adhere to all future updates to GICS.
Proxy Portfolio
The Proxy portfolio is a portfolio of cash and securities that is designed to closely track the daily performance of the ETF’s portfolio. This portfolio is disclosed daily based on holdings as of the market close on the prior business day.
There may have been a Custom Basket created for this ETF, click here.
Proxy Portfolio
Custom Baskets
A Custom Basket consists of assets used to create (buy) or redeem (sell) shares of an ETF that differ from the proxy portfolio holdings.
This page contains information about the holdings of any Custom Basket(s) accepted or delivered by this ETF, if any were exchanged, on the prior business day except for custom baskets that only substituted positions for cash
Portfolio Overlap
Portfolio Overlap is the percentage overlap between the holdings displayed as the Proxy Portfolio and the ETF portfolio, calculated as the prior business day.
Tracking Error
The fund's Tracking Error is the standard deviation over the past three months of the daily proxy spread. Tracking Error reflects the difference, in percentage terms, between the Proxy Portfolio’s per share NAV and that of the Fund at the end of the trading day.
Daily Deviations
Empirical Percentiles
Empirical Percentiles track the value of daily deviations between the Fund NAV and the Proxy Portfolio NAV that exceeded a specific percentage of all deviations over the past year. This information is designed to give investors differing levels of confidence that Daily Deviations will be confined to a certain number of basis points.
All figures shown on this page are updated daily and are shown as of the prior business day, as noted above. Please note: Data is provided by third-party service providers and may be delayed. If the date shown above is not the prior business day, we are currently working to have the data updated as soon as possible.
Volatility and Other Measures
Market Data
Price
Premium/Discount to NAV
Number of days at Premium/Discount to NAV
Sectors
Numbers may not add due to rounding and/or the exclusion of reserves and other assets.
T. Rowe Price uses the MSCI/S&P Global Industry Classification Standard (GICS) for sector and industry reporting. T. Rowe Price will adhere to all future updates to GICS for prospective reporting.
Team
For a complete list of the members of the fund's Investment Advisory Committee, please refer to the fund's prospectus.
For general inquiries
Individual shares may only be purchased and sold on secondary markets through a broker-dealer. We would be pleased to discuss our solutions, products, and capabilities with you. Call 1-877-561-7670 to learn more about which ETFs may be suitable for your clients.
