Key stats
About T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF
Expense ratio
0.33%
Home page
Inception date
Jun 14, 2023
TVAL seeks long-term capital growth by actively managing a portfolio of US equities believed to be positioned for outperformance. The fund does not have market-cap restrictions but will target the large-cap space. In constructing the portfolio, the fund utilizes a value investment style that combines fundamental research and active, bottom-up stock selection aiming for stocks that appear underrated by the market. The adviser defines value using metrics that are unique to each company evaluated, such as: restructuring opportunities, undervalued assets, and dividend yield. Additionally, ratios such as price utilized in relation to earnings, book value, sales, and cash flow are also used. The fund may have substantial investments in the financial and healthcare sectors.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Health Technology
Stocks99.56%
Finance22.27%
Electronic Technology12.94%
Health Technology10.11%
Energy Minerals8.21%
Producer Manufacturing7.25%
Consumer Non-Durables6.77%
Utilities4.65%
Health Services4.12%
Technology Services3.68%
Retail Trade3.43%
Consumer Services3.25%
Process Industries2.48%
Transportation2.09%
Communications1.77%
Industrial Services1.65%
Distribution Services1.45%
Consumer Durables1.28%
Non-Energy Minerals1.26%
Commercial Services0.88%
Bonds, Cash & Other0.44%
Mutual fund0.29%
Cash0.15%
Stock breakdown by region
North America99.21%
Europe0.79%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history