TMSL

T. Rowe Price Small-Mid Cap ETF

$34.52
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The T. Rowe Price Small-Mid Cap ETF seeks to provide long-term capital appreciation by investing in a diversified portfolio of small and mid-sized U.S. companies.

Overview

ETF tracking T. Rowe Price Small-Mid Cap ETF

Category Mid Cap
Issuer Other
Inception Date 2023-06-15
Market Cap $918.2M
Average Volume N/A
Dividend Yield 0.41%
52-Week Range $26.47 - $35.90
VWAP $34.65

Performance

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Investment Summary

📎 Investment Objective

The T. Rowe Price Small-Mid Cap ETF seeks to provide long-term capital appreciation by investing in a diversified portfolio of small and mid-sized U.S. companies.

🎯 Investment Strategy

The fund tracks the Russell 2500 Index, which includes approximately 2,500 of the smallest U.S. publicly traded companies by market capitalization. The portfolio manager uses a quantitative approach to construct the portfolio, aiming to closely replicate the performance of the benchmark index.

✨ Key Features

  • Provides exposure to a broad range of small and mid-cap U.S. stocks
  • Passively managed to track the Russell 2500 Index
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Increased volatility compared to large-cap stocks
  • Potential for higher risk and lower liquidity in smaller companies
  • Tracking error risk as the fund may not perfectly replicate the index
  • Limited performance history makes it difficult to evaluate long-term returns

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the small and mid-cap segment of the U.S. equity market as part of a diversified portfolio. It may be most appropriate for investors with a longer-term investment horizon and a higher risk tolerance.