T. Rowe Price Combines Passive & Active Benefits in 2 New ETFs

Core Insights - T. Rowe Price has launched two new ETFs: the T. Rowe Price Active Core U.S. Equity ETF (TACU) and the T. Rowe Price Active Core International Equity ETF (TACN), which aim to blend passive indexing with active management strategies [1][3] - Both ETFs will waive fees for the first 13 months, with TACU and TACN charging 0.14% and 0.20% respectively after the waiver period [5] ETF Details - TACU focuses on U.S. large-cap stocks with approximately 550-650 holdings, while TACN targets international stocks with a portfolio of about 400-500 holdings [2][6] - The launch of these ETFs expands T. Rowe Price's ETF suite to 30, including 20 equity ETFs and 10 fixed income ETFs [6] Management Strategy - The Active Core ETFs leverage T. Rowe Price's active management expertise and quantitative research to provide investors with potential for benchmark outperformance while maintaining disciplined risk controls [4][7] - The combination of low-cost, low-tracking-error portfolios aims to enhance core equity holdings for investors [7]