T. Rowe Price QM U.S. Bond ETF (TAGG)
TAGG is an actively managed ETF by T. Rowe Price. TAGG launched on Sep 28, 2021 and has a 0.08% expense ratio.
ETF Info
US87378P1057
Sep 28, 2021
North America (U.S.)
1x
No Index (Active)
Expense Ratio
TAGG has an expense ratio of 0.08%, which is considered low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
T. Rowe Price QM U.S. Bond ETF (TAGG) returned 2.13% year-to-date (YTD) and 5.15% over the past 12 months.
TAGG
2.13%
-0.68%
0.88%
5.15%
1.35%
N/A
N/A
^GSPC (Benchmark)
-1.34%
5.02%
-3.08%
9.39%
13.76%
14.45%
10.68%
Monthly Returns
The table below presents the monthly returns of TAGG, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.56% | 2.30% | 0.34% | 0.10% | -1.15% | 2.13% | |||||||
| 2024 | 0.00% | -1.41% | 0.83% | -2.41% | 1.56% | 1.14% | 2.38% | 1.54% | 1.38% | -2.55% | 1.12% | -1.71% | 1.73% |
| 2023 | 3.72% | -2.48% | 2.32% | 0.55% | -0.94% | -0.44% | -0.28% | -0.51% | -2.69% | -1.83% | 4.77% | 3.75% | 5.72% |
| 2022 | -0.83% | -1.10% | -2.93% | -3.71% | 0.44% | -1.72% | 2.35% | -2.81% | -4.33% | -1.64% | 3.79% | -0.61% | -12.62% |
| 2021 | 0.03% | -0.01% | 0.26% | -0.28% | 0.01% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TAGG is 69, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for T. Rowe Price QM U.S. Bond ETF (TAGG) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
T. Rowe Price QM U.S. Bond ETF provided a 3.86% dividend yield over the last twelve months, with an annual payout of $1.63 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Dividend | $1.63 | $1.83 | $1.50 | $1.55 | $0.17 |
Dividend yield | 3.86% | 4.36% | 3.48% | 3.68% | 0.33% |
Monthly Dividends
The table displays the monthly dividend distributions for T. Rowe Price QM U.S. Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.16 | $0.12 | $0.14 | $0.15 | $0.00 | $0.57 | |||||||
| 2024 | $0.16 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $1.83 |
| 2023 | $0.10 | $0.10 | $0.11 | $0.11 | $0.12 | $0.12 | $0.10 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $1.50 |
| 2022 | $0.65 | $0.03 | $0.05 | $0.06 | $0.07 | $0.08 | $0.09 | $0.10 | $0.11 | $0.09 | $0.09 | $0.13 | $1.55 |
| 2021 | $0.03 | $0.06 | $0.08 | $0.17 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the T. Rowe Price QM U.S. Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the T. Rowe Price QM U.S. Bond ETF was 17.25%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current T. Rowe Price QM U.S. Bond ETF drawdown is 4.75%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.25% | Nov 10, 2021 | 232 | Oct 20, 2022 | — | — | — |
| -1.01% | Oct 4, 2021 | 13 | Oct 21, 2021 | 11 | Nov 5, 2021 | 24 |
| -0.21% | Nov 8, 2021 | 1 | Nov 8, 2021 | 1 | Nov 9, 2021 | 2 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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