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About T. Rowe Price Technology ETF
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Inception date
Oct 23, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
T. Rowe Price Associates, Inc. (IM)
Distributor
T. Rowe Price Investment Services, Inc.
ISIN
US87283Q7925
TTEQ is designed to capture the transformative power of technology in both core firms and broader industries enabled by it. The adviser prioritizes stocks considered enduring technology companies. Portfolio selection is based on fundamental research, assessing each companys business prospects, stock valuation, and potential for share price appreciation. While the funds holdings primarily consist of large-cap companies with established track records, it also targets smaller, emerging firms offering innovative technologies, including recent IPOs. Additionally, the fund invests in companies that indirectly benefit from technological advancements. The portfolio is not limited to US markets and includes investments in international and emerging markets.
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
Electronic Technology
Technology Services
Retail Trade
Stocks100.08%
Electronic Technology41.30%
Technology Services35.02%
Retail Trade10.45%
Finance5.09%
Commercial Services3.64%
Consumer Durables2.09%
Producer Manufacturing1.91%
Transportation0.49%
Bonds, Cash & Other−0.08%
Mutual fund0.00%
Cash−0.03%
Miscellaneous−0.06%
Stock breakdown by region
North America73.81%
Asia13.80%
Europe10.94%
Middle East0.74%
Latin America0.71%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TTEQ invests in stocks. The fund's major sectors are Electronic Technology, with 41.33% stocks, and Technology Services, with 35.05% of the basket. The assets are mostly located in the North America region.
TTEQ top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 10.31% and 7.83% of the portfolio correspondingly.
TTEQ assets under management is 58.82 M USD. It's risen 12.34% over the last month.
TTEQ fund flows account for 34.14 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, TTEQ doesn't pay dividends to its holders.
TTEQ shares are issued by T. Rowe Price Group, Inc. under the brand T. Rowe Price. The ETF was launched on Oct 23, 2024, and its management style is Active.
TTEQ expense ratio is 0.63% meaning you'd have to pay 0.63% of your investment to help manage the fund.
TTEQ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TTEQ invests in stocks.
TTEQ price has risen by 4.48% over the last month, and its yearly performance shows a 23.41% increase. See more dynamics on TTEQ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.71% over the last month, showed a 10.75% increase in three-month performance and has increased by 23.00% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.71% over the last month, showed a 10.75% increase in three-month performance and has increased by 23.00% in a year.
TTEQ trades at a premium (0.28%) meaning the ETF is trading at a higher price than the calculated NAV.