TSPA

T. Rowe Price U.S. Equity Research ETF
*Unless otherwise stated, data provided by FactSet.

TSPA Fund Description

TSPA is an actively-managed, non-transparent fund that seeks long-term capital growth by investing in US-listed companies selected and weighted similar to the S&P 500 Index

TSPA Factset Analytics Insight

TSPA invests in US-listed companies in an attempt to provide exposure similar to its benchmark, the S&P 500 — an index composed of the 500 largest publicly traded US firms. The fund aims to be sector neutral by weighting each industry close to the index, while seeking to outperform it by overweighting or underweighting individual holdings based on fundamental research, which measures how favorable each stock is. Unlike other ETFs that publish full portfolio holdings daily, TSPA publishes a “proxy portfolio” on its website. The proxy portfolio is a basket of securities designed to closely track the fund performance and may help facilitate arbitrage opportunities. Holdings will generally be disclosed 15 calendar days after each quarter-end. Take note of its non-transparent structure that could result in wider spreads

PERFORMANCE [as of 09/24/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
TSPA -0.68% 5.10% -- -- -- -- --
TSPA (NAV) -0.71% 4.64% -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA IMI -0.40% 4.04% 19.23% 41.87% 17.41% 17.79% 17.01%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

TSPA Summary Data

06/09/21
Open-Ended Fund
0.34%
$19.78M
$83.84K
0.09%
N/A

TSPA Portfolio Data

$573.03B
30.54
4.45
--
N/A
248

TSPA Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA IMI

TSPA Portfolio Management

0.34%
--
--
--

TSPA Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

TSPA Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Quarterly

TSPA Factset Analytics Block Liquidity

As of 09/27/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of TSPA. TSPA is rated a 5 out of 5.

TSPA Tradability

3,206
$83.84K
1,026
$21.77K
0.09%
$0.02
0.01%
0.13% / -0.11%
None
100.00%
5,000
0.21
0.11%
0.00%
0
$26.41
5

TSPA Sector/Industry Breakdown


TSPA
Segment Benchmark
35.32%
33.32%
15.44%
14.69%
14.61%
14.15%
12.88%
13.22%
7.80%
9.39%
5.10%
5.35%
2.80%
2.40%
2.50%
2.65%
2.15%
2.59%
1.08%
1.26%

TSPA Top 10 Holdings[View All]

Apple Inc. 6.00%
29.22%

TSPA Countries


TSPA
Segment Benchmark
98.17%
99.93%
0.57%
0.07%
0.51%
--
0.50%
--
0.25%
--

TSPA Regions


TSPA
Segment Benchmark
98.74%
100.00%
1.26%
--

TSPA Economic Development


TSPA
Segment Benchmark
100.00%
100.00%

TSPA Performance Statistics

--
--
--
--
0.00%
MSCI USA IMI

TSPA Benchmark Comparison Holdings

248
2473
239
57.85%

TSPA Benchmark Comparison Summary


TSPA
Segment Benchmark
248
2473
$573.03B
$472.14B
30.54
32.97
4.45
4.43
1.21%
1.25%
Low
Low

TSPA Benchmark Comparison Market Cap Size


TSPA
Segment Benchmark
98.35%
87.50%
1.65%
9.89%
0.00%
2.49%
0.00%
0.12%

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.