TCAF Performance — T. Rowe Price Capital Appreciation Equity ETF
Data updated: 2026-08-27
TCAF returned +7.66% year to date and +17.06% over one year to Jun 2026. The annualised 3-year return is +17.68%. Against its US Large Blend category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $163, against $157 for the category, and to $117 over one year, against $118. Volatility over the past three years was 12.53% a year. In the 12 months to Jun 2026 the fund took in a net $1.7B, and assets reached $7.40B.
TCAF Growth of $100
What $100 invested in T. Rowe Price Capital Appreciation Equity ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | TCAF | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $117 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $163 | $157 |
| Since data start (Jun 2023 – Jun 2026) | $166 | $165 |
TCAF Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +7.66% |
| 1 year | +17.06% |
| 3 years (annualised) | +17.68% |
TCAF Annual Returns
Calendar-year total returns of T. Rowe Price Capital Appreciation Equity ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +7.66% |
| 2025 | +15.54% |
| 2024 | +20.97% |
| 2023 (Jun–Dec) | +10.56% |
TCAF Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.1% | −1.2% | −5.7% | +10.5% | +4.6% | −0.1% | — | — | — | — | — | — |
| 2025 | +3.7% | −2.2% | −4.1% | −0.9% | +4.8% | +5.2% | +3.8% | +0.4% | +2.6% | +2.4% | +0.5% | −1.2% |
| 2024 | +1.3% | +5.6% | +2.6% | −3.4% | +4.1% | +3.3% | +2.2% | +1.6% | +2.0% | −1.7% | +4.9% | −2.8% |
| 2023 | — | — | — | — | — | +2.1% | +2.8% | −1.1% | −4.5% | −1.6% | +8.9% | +4.1% |
TCAF Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 12.53%
- 3-year Sharpe ratio: 1.05 (vs 4.5% risk-free rate)
- Best month: +10.49% (Apr 2026)
- Worst month: −5.65% (Mar 2026)
TCAF Fund Flows
Monthly money in and out of T. Rowe Price Capital Appreciation Equity ETF, from SEC Form N-PORT.
- 12-month net flow: $1.7B
- 12-month gross sales (incl. reinvestments): $4.4B
- Sales ÷ redemptions: 1.60×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $215.0M | $135.1M | $79.9M |
| May 2026 | $163.0M | $58.9M | $104.0M |
| Apr 2026 | $235.2M | $226.7M | $8.4M |
| Mar 2026 | $391.0M | $236.9M | $154.1M |
| Feb 2026 | $86.3M | $33.8M | $52.5M |
| Jan 2026 | $215.6M | $76.9M | $138.8M |
| Dec 2025 | $669.2M | $472.7M | $196.5M |
| Nov 2025 | $435.8M | $277.5M | $158.3M |
| Oct 2025 | $335.3M | $166.4M | $168.9M |
| Sep 2025 | $714.3M | $535.4M | $178.9M |
| Aug 2025 | $552.9M | $349.4M | $203.6M |
| Jul 2025 | $428.1M | $203.2M | $224.9M |
TCAF Assets Under Management
Net assets of T. Rowe Price Capital Appreciation Equity ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $7.40B |
| 2026-03-31 | $6.22B |
| 2025-12-31 | $6.33B |
| 2025-09-30 | $5.74B |
| 2025-06-30 | $4.79B |
| 2025-03-31 | $3.88B |
| 2024-12-31 | $3.04B |
| 2024-09-30 | $2.35B |
| 2024-06-30 | $1.75B |
| 2024-03-31 | $1.29B |
| 2023-12-31 | $664.39M |
| 2023-09-30 | $231.70M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.