Summary
T. Rowe Price Active Core U.S. Equity ETF is an ETF - a fund traded on an exchange like a stock - run by T. Rowe. Positions inside: 413. The ten largest make up 36% of the fund.
- Yearly costs
- 0.14%
- Fund size
- $16.8M
- Positions
- 413
- Running since
- 2025
What speaks for it
- Costs of 0.14% a year are below the middle of comparable funds (0.44%).
What to watch
- 96% of the fund is in one country (United States).
- A young fund: it has been running only since 2025.
- A small fund with $16.8M under management; small funds get closed more often.
- It trades little: only about $110.9K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -1.1%
- 3 months
- +3.1%
- This year
- +12%
- Avg. market cap
- $2.45T
- P/E
- 26.7x
- Forward P/E
- 21.4x
- P/S
- 6.6x
- P/B
- 7.3x
- P/FCF
- 38.8x
- EV/EBITDA
- 21.0x
- Dividend yield
- 0.44%
- ROIC
- 27.3%
- ROE
- 59.2%
- Gross margin
- 59.3%
- Operating margin
- 35.2%
- Net margin
- 33.8%
- Payout ratio
- 11.9%
- Net debt/EBITDA
- 0.6x
- Beta
- 0.97
Weighted average of the 50 largest companies, which make up 59% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 NVNVIDIA Corporation NVDA.NE 7.4%
- 2 AAApple Inc. AAPL.MX 6.8%
- 3 MSMicrosoft Corporation MSFT.NE 5.8%
- 4 GOAlphabet GOOGL 3.6%
- 5 AMAmazon.com, Inc. AMZN.NE 3.4%
- 6 AVBroadcom AVGO 2.3%
- 7 MEMeta Platforms, Inc. META.NE 2.3%
- 8 GOAlphabet Inc. GOOG.NE 1.7%
- 9 MUMicron Technology, Inc. MU.TO 1.5%
- 10 LLEli Lilly and Company LLY.TO 1.4%
Positions in the fund: 413. The ten largest make up 36% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy country
- United States 96%
- Ireland 1.3%
- Switzerland 0.6%
- Canada 0.4%
- Other countries 1.3%
By company size
- Mega cap 60%
- Large cap 38%
- Mid cap 1.6%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest country: United States (96%). Largest size group: Mega cap (60%).
What does it cost me?
Cheap- A year from $10,000
- $14.00
- Over 20 years
- $699
From every $10,000 invested the fund takes $14.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $699.
How has it done?
- Deepest drop
- -8.9%
- Yearly volatility
- 13%
It has traded for less than a year, too short to judge.
Does it pay dividends?
We have no record of payments from this fund.
Is it easy to buy and sell?
It trades little- Traded a day
- $110.9K
- Shares a day
- 4.0K
On an average day about $110.9K of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 26.7
- Average Bulios Score
- 72 out of 100
Weight by Bulios Fair Price
- Undervalued 3.6%
- Fairly valued 14%
- Overvalued 83%
On average the companies inside trade for 26.7 times their yearly profit. By Fair Price, 83% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 59% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
TN TNXT T. Rowe Price Innovation Leaders ETF | United States | 0.49% | $18.9M | - | - | 51% |
TG TGRT T. Rowe Price Growth ETF | United States | 0.38% | $1.60B | +0.5% | Pays out | 48% |
TV TVAL T. Rowe Price Value ETF | United States | 0.33% | $748.2M | +25% | Pays out | 45% |
TC TCAF T. Rowe Capital Appreciation Equity ETF | United States | 0.31% | $7.67B | +11% | Pays out | 39% |
XY XYLD Global X - S&P 500 Covered Call ETF | United States | 0.60% | $3.41B | +3.4% | Pays out | 35% |
VL VLCAX Vanguard Large-Cap Index Fund Admiral Shares· mutual fund | United States | 0.05% | $75.1B | +12% | Pays out | 35% |