Morningstar

T. Rowe Price US Equity Research ETF TSPA

Medalist Rating as of Jul 31, 2026 See T. Rowe Price Investment Hub

Strategy

The investment seeks to provide long-term capital growth. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in U.S. equity securities. The advisor attempts to create a portfolio with similar characteristics to the Standard & Poor’s 500 Stock Index® (index) with the potential to provide excess returns relative to the index. The fund will generally remain fully invested (less than 5% in cash reserves) and seeks to be sector neutral when compared to the index. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
TSPA	T. Rowe Price US Equity Research ETF	ETF	Open			Jun 8, 2021	$4.69B	0.340%	—	$0	$2.29B

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