TSPA Performance — T. Rowe Price U.S. Equity Research ETF
Data updated: 2026-08-27
TSPA returned +11.11% year to date and +22.77% over one year to Jun 2026. Annualised returns are +21.33% over 3 years and +14.04% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $179, against $157 for the category, and to $123 over one year, against $118. Volatility over the past three years was 13.23% a year. In the 12 months to Jun 2026 the fund took in a net $1.8B, and assets reached $4.06B.
TSPA Growth of $100
What $100 invested in T. Rowe Price U.S. Equity Research 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 | TSPA | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $123 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $179 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $193 | $161 |
| Since data start (Jun 2021 – Jun 2026) | $196 | $164 |
TSPA Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +11.11% |
| 1 year | +22.77% |
| 3 years (annualised) | +21.33% |
| 5 years (annualised) | +14.04% |
TSPA Annual Returns
Calendar-year total returns of T. Rowe Price U.S. Equity Research ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +11.11% |
| 2025 | +16.48% |
| 2024 | +26.37% |
| 2023 | +29.78% |
| 2022 | −18.64% |
| 2021 (Jun–Dec) | +13.51% |
TSPA 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 | +1.6% | −0.5% | −5.3% | +11.0% | +5.1% | −0.5% | — | — | — | — | — | — |
| 2025 | +2.8% | −1.6% | −5.9% | −0.6% | +6.2% | +4.9% | +2.3% | +1.8% | +3.4% | +2.5% | +0.1% | +0.1% |
| 2024 | +2.3% | +5.8% | +3.1% | −3.9% | +5.1% | +3.8% | +0.6% | +2.4% | +1.9% | −0.8% | +5.8% | −2.0% |
| 2023 | +6.7% | −2.3% | +3.7% | +2.2% | +1.1% | +6.4% | +3.4% | −1.2% | −4.6% | −1.9% | +9.3% | +4.6% |
| 2022 | −4.9% | −2.9% | +3.2% | −9.2% | 0.0% | −7.9% | +9.6% | −4.2% | −9.1% | +7.7% | +5.5% | −5.8% |
| 2021 | — | — | — | — | — | +1.6% | +2.4% | +3.0% | −4.4% | +6.8% | −0.8% | +4.6% |
TSPA Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 13.23%
- 3-year Sharpe ratio: 1.27 (vs 4.5% risk-free rate)
- Best month: +11.00% (Apr 2026)
- Worst month: −5.92% (Mar 2025)
TSPA Fund Flows
Monthly money in and out of T. Rowe Price U.S. Equity Research ETF, from SEC Form N-PORT.
- 12-month net flow: $1.8B
- 12-month gross sales (incl. reinvestments): $1.9B
- Sales ÷ redemptions: 14.14×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $653.8M | $8.8M | $645.0M |
| May 2026 | $728.4M | $5.6M | $722.8M |
| Apr 2026 | $176.0M | $9.4M | $166.6M |
| Mar 2026 | $21.1M | $0 | $21.1M |
| Feb 2026 | $23.5M | $4.8M | $18.7M |
| Jan 2026 | $34.7M | $645K | $34.0M |
| Dec 2025 | $70.7M | $51.3M | $19.4M |
| Nov 2025 | $24.9M | $12.5M | $12.4M |
| Oct 2025 | $18.0M | $4.2M | $13.8M |
| Sep 2025 | $74.7M | $8.6M | $66.1M |
| Aug 2025 | $35.7M | $22.6M | $13.1M |
| Jul 2025 | $33.3M | $5.5M | $27.8M |
TSPA Assets Under Management
Net assets of T. Rowe Price U.S. Equity Research ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $4.06B |
| 2026-03-31 | $2.09B |
| 2025-12-31 | $2.12B |
| 2025-09-30 | $2.03B |
| 2025-06-30 | $1.78B |
| 2025-03-31 | $1.47B |
| 2024-12-31 | $1.05B |
| 2024-09-30 | $966.09M |
| 2024-06-30 | $709.61M |
| 2024-03-31 | $169.77M |
| 2023-12-31 | $93.65M |
| 2023-09-30 | $30.63M |
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.