THEQ ETF — Holdings & Analysis

The fund seeks to provide long-term capital growth. 0.73% expense ratio, $36M AUM, 114 holdings, inception 2025.

T. Rowe Price Hedged Equity ETF (THEQ) ETF — Price, Holdings & Analysis

The fund seeks to provide long-term capital growth. 0.73% expense ratio, $36M AUM, 114 holdings, inception 2025.

ETF Overview

The fund seeks to provide long-term capital growth.

The fund seeks to provide long-term capital growth. T. Rowe Price Hedged Equity ETF provides exposure to the equity market. The portfolio is well-diversified with 114 holdings. Sector allocation is spread across 11 sectors, with Technology as the largest at 34.4%. The top three holdings account for 82.0% of assets, indicating meaningful single-stock concentration.

Risk Metrics

The fund holds 114 positions, providing a moderate level of diversification. The top three holdings represent 82.0% of the portfolio, introducing concentration risk. A beta of 0.00 indicates lower volatility relative to the broader market. The 0.73% expense ratio is above average and will reduce net returns over time. With $36M in assets, the fund may face liquidity constraints and wider bid-ask spreads.

Expense Ratio

0.73%

Top Holdings

T. Rowe Price US Equity Research ETF (TSPA): 81.31%
McKesson Corp (MCK): 0.40%
Chubb Ltd (CB): 0.33%
Cencora Inc (COR): 0.31%
T-Mobile US Inc (TMUS): 0.28%

Sector Allocation

Technology: 34.4%
Financial Services: 13.9%
Healthcare: 10.5%
Communication Services: 9.9%
Consumer Cyclical: 9.9%
Industrials: 7.1%
Consumer Defensive: 5.1%
Energy: 3.1%
Utilities: 3.1%
Basic Materials: 1.6%
Real Estate: 1.5%

Other: 1.3%
United States: 97.8%
Canada: 0.2%
Ireland: 0.2%
Switzerland: 0.4%
United Kingdom: 0.1%
Israel: 0.1%

Dividend Yield

0.00%

State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio

T. Rowe Price Dividend Growth ETF (TDVG) (Equity) — 0.50% expense ratio
T. Rowe Price QM U.S. Bond ETF (TAGG) (Equity) — 0.08% expense ratio
T. Rowe Price Floating Rate ETF (TFLR) (Equity) — 0.61% expense ratio
T. Rowe Price Multi-Sector Income ETF (TMSF) (Equity) — 0.37% expense ratio
T. Rowe Price Natural Resources ETF (TURF) (Equity) — 0.44% expense ratio
T. Rowe Price Active Core U.S. Equity ETF (TACU) — 0.14% expense ratio

Risk Metrics

Beta: 0.00

Questions & Answers

What is T. Rowe Price Hedged Equity ETF (THEQ)?

The fund seeks to provide long-term capital growth. It holds 114 securities. With $36M in assets under management, it is a funds in its category.

What is the expense ratio for THEQ?

T. Rowe Price Hedged Equity ETF has an expense ratio of 0.73%, which is considered higher than average for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $73. Lower expense ratios generally lead to better long-term returns, all else being equal.

What are the top holdings in THEQ?

The three largest positions in T. Rowe Price Hedged Equity ETF are T. Rowe Price US Equity Research ETF (TSPA, 81.3%), McKesson Corp (MCK, 0.4%), Chubb Ltd (CB, 0.3%). Together these top three holdings represent 82.0% of the fund, out of 114 total positions. The fund has a concentrated portfolio.

What sectors does THEQ invest in?

T. Rowe Price Hedged Equity ETF allocates across 11 sectors. The largest sector exposures are Technology (34.4%), Financial Services (13.9%), Healthcare (10.5%). The sector allocation provides broad market exposure across multiple industries.

How long has THEQ been around?

T. Rowe Price Hedged Equity ETF was launched in 2025, making it 1 years old. It is a relatively newer fund with a shorter track record. It is managed by T. Rowe.