TMID — T. Rowe Price Mid-Cap Equity Research ETF

Data updated: 2026-07-24

TMID — T. Rowe Price Mid-Cap Equity Research ETF. Global (incl. US) Mid Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.

TMID Fund Overview

TMID — T. Rowe Price Mid-Cap Equity Research ETF is a US ETF managed by T. Rowe Price Exchange-Traded Funds, Inc., categorised as Global (incl. US) Mid Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

TMID Investment Objective and Strategy

T. Rowe Price Mid-Cap Equity Research ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by T. Rowe Price Exchange-Traded Funds, Inc..

Investment objective

The fund seeks to provide long-term capital growth.

Principal investment strategy

The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of mid-cap companies. The fund defines a mid-cap company as a company whose (i) securities are represented in the Russell Midcap ® Index; or (ii) represented in an appropriate third party index and the company’s market capitalization falls within the market capitalization range of companies in the Russell Midcap ® Index, MSCI USA Mid Cap Index, or MSCI World Mid Cap Index (after systematically removing any companies that cannot reasonably be considered a mid-cap company from the high and low ends of the range of each index). The market capitalizations of the companies in the indexes change over time and the indexes are periodically reconstituted to ensure that they continue to accurately reflect the mid-cap equity market.

For example, as of December 31, 2025, the market capitalization range represented across these indexes (after removing any outlier companies) was $1.8 billion to $98 billion. Any derivatives that provide exposure to the investment focus suggested by the fund’s name, or to one or more market risk factors associated with the investment focus suggested by the fund’s name, are counted (as applicable) toward compliance with the fund’s 80% investment policy. The fund primarily invests in common stocks. The strategy attempts to create a portfolio with similar characteristics to the Russell Mid-Cap ® Index (“Index”) with the potential to provide excess returns relative to the Index. The fund uses a disciplined portfolio construction process whereby it weights each sector and industry similar to the Index.

Within each sector and industry, the weighting of individual fund holdings can vary significantly from their weighting within the Index. The fund attempts to outperform the Index by overweighting those stocks that are viewed favorably relative to their weighting in the Index, and underweighting or avoiding those stocks that are viewe

TMID Costs and Fees

TMID costs about $47 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 0.47%
  • Gross expense ratio: 0.47%

TMID Debt Constituents

No individual debt constituents are reported in T. Rowe Price Mid-Cap Equity Research ETF's latest SEC N-PORT filing.

TMID Prospectus and SEC Filings

Official T. Rowe Price Mid-Cap Equity Research ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Global (incl. US) Mid Cap Blend / Core Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.