TMED

T. Rowe Price Health Care ETF

$29.28
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The T. Rowe Price Health Care ETF seeks to provide long-term capital growth by investing in companies in the healthcare and related sectors.

Overview

ETF tracking T. Rowe Price Health Care ETF

Category Healthcare
Issuer Other
Inception Date 2025-06-12
Market Cap $14.6M
Average Volume N/A
Dividend Yield N/A
52-Week Range $23.61 - $29.67
VWAP $29.32

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The T. Rowe Price Health Care ETF seeks to provide long-term capital growth by investing in companies in the healthcare and related sectors.

🎯 Investment Strategy

The ETF invests in a diversified portfolio of healthcare-related companies, including those involved in the research, development, production, and distribution of pharmaceuticals and biotechnology products, as well as companies that provide healthcare-related services.

✨ Key Features

  • Provides exposure to the healthcare sector, which can offer growth potential and diversification benefits
  • Actively managed by T. Rowe Price's experienced healthcare investment team
  • Focuses on companies across the healthcare value chain, including pharmaceuticals, biotechnology, and healthcare services
  • No assets under management currently, as the fund is newly launched

⚠️ Primary Risks

  • Sector-specific risk: The fund's performance is closely tied to the healthcare sector, which may be subject to greater volatility and risks than the broader market
  • Company-specific risk: The fund's performance depends on the success of the individual companies it invests in, which can be affected by factors such as management, competition, and regulatory changes
  • Liquidity risk: As a newly launched fund, the ETF may have lower trading volume and liquidity compared to more established funds
  • Market risk: The fund's value may fluctuate due to changes in overall market conditions

👤 Best For

The T. Rowe Price Health Care ETF may be suitable for investors seeking long-term capital growth and exposure to the healthcare sector. It may be particularly appealing to investors with a higher risk tolerance who are looking to diversify their portfolio and potentially benefit from the growth potential of the healthcare industry.