T. Rowe Price Small-Mid Cap ETF (TMSL) belongs to the Mid Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with TMSL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TMSL
TMSL charges 0.55% annually. There are 49 ETFs in the Mid Cap Blend Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Portfolio S&P 400 Mid Cap ETF | 0.03% | 18.14B | Nov 2005 | TMSL vs SPMD | |
| Vanguard Mid-Cap ETF | 0.03% | 218.80B | Jan 2004 | TMSL vs VO | |
| Schwab US Mid-Cap ETF | 0.04% | 14.91B | Jan 2011 | TMSL vs SCHM | |
| iShares Morningstar Mid-Cap ETF | 0.04% | 1.64B | Jun 2004 | TMSL vs IMCB | |
| Vanguard Extended Market ETF | 0.05% | 93.70B | Dec 2001 | TMSL vs VXF |
Best Risk-Adjusted Alternatives to TMSL
TMSL has a PortfoliosLab risk / return rank of 63. There are 21 ETFs in the Mid Cap Blend Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Castellan Targeted Equity ETF | 93 | — | Jun 2025 | TMSL vs CTEF | |
| Invesco S&P Spin-Off ETF | 89 | 226.12M | Dec 2006 | TMSL vs CSD | |
| Optimize Strategy Index ETF | 89 | 239.89M | Apr 2024 | TMSL vs OPTZ | |
| Counterpoint Quantitative Equity ETF | 87 | 366.29M | Nov 2023 | TMSL vs CPAI | |
| iShares MSCI Peru ETF | 83 | 536.81M | Jun 2009 | TMSL vs EPU |
Top Performing TMSL Alternatives (YTD)
TMSL is at 18.69% YTD. There are 13 ETFs in the Mid Cap Blend Equities category with higher YTD returns, going as high as 37.32%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P Spin-Off ETF | 37.32% | 226.12M | Dec 2006 | TMSL vs CSD | |
| Castellan Targeted Equity ETF | 34.60% | — | Jun 2025 | TMSL vs CTEF | |
| Optimize Strategy Index ETF | 29.14% | 239.89M | Apr 2024 | TMSL vs OPTZ | |
| Counterpoint Quantitative Equity ETF | 27.31% | 366.29M | Nov 2023 | TMSL vs CPAI | |
| Vanguard U.S. Momentum Factor ETF | 21.55% | 1.70B | Feb 2018 | TMSL vs VFMO |
Lowest Volatility Alternatives to TMSL
TMSL has 18.43% 1-year volatility. There are 70 ETFs in the Mid Cap Blend Equities category with lower 1-year volatility, going as low as 8.76%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard U.S. Minimum Volatility ETF | 8.76% | 426.50M | Feb 2018 | TMSL vs VFMV | |
| Invesco Dynamic Market ETF | 9.74% | 95.10M | May 2003 | TMSL vs PWC | |
| Invesco Bloomberg MVP Multi-factor ETF | 9.74% | 101.68M | May 2003 | TMSL vs BMVP | |
| ETC 6 Meridian Low Beta Equity Strategy ETF | 10.25% | 185.97M | May 2020 | TMSL vs SIXL | |
| Indexperts Quality Earnings Focused ETF | 11.02% | 34.97M | Dec 2024 | TMSL vs QIDX |
Lowest Drawdown Alternatives to TMSL
TMSL has a 1-year max drawdown of -11.19%. There are 63 ETFs in the Mid Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -6.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard U.S. Minimum Volatility ETF | -6.00% | 426.50M | Feb 2018 | TMSL vs VFMV | |
| RiverNorth Patriot ETF | -6.25% | 3.97M | Feb 2022 | TMSL vs FLDZ | |
| SRH U.S. Quality ETF | -6.31% | 170.62M | Oct 2022 | TMSL vs SRHQ | |
| Invesco Dynamic Market ETF | -6.45% | 95.10M | May 2003 | TMSL vs PWC | |
| Invesco Bloomberg MVP Multi-factor ETF | -6.45% | 101.68M | May 2003 | TMSL vs BMVP |
Other ETFs from T. Rowe Price
The 10 most viewed T. Rowe Price ETFs shown here include TCAF, TFLR, TDVG and span 7 categories. AUM among these funds goes as high as $8B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Capital Appreciation Equity ETF | Large Cap Blend Equities | 47 | 8.84% | 7.67B | Jun 2023 | TMSL vs TCAF | |
| T. Rowe Price Floating Rate ETF | Bank Loan | 80 | 1.62% | 662.55M | Nov 2022 | TMSL vs TFLR | |
| T. Rowe Price Dividend Growth ETF | Large Cap Growth Equities, Dividend | 70 | 10.53% | 1.39B | Aug 2020 | TMSL vs TDVG | |
| T. Rowe Price Ultra Short-Term Bond ETF | Ultrashort Bond | 99 | 2.06% | 1.24B | Sep 2021 | TMSL vs TBUX | |
| T. Rowe Price Blue Chip Growth ETF | Large Cap Growth Equities | 18 | -0.26% | 2.19B | Aug 2020 | TMSL vs TCHP | |
| T. Rowe Price US Equity Research ETF | Large Cap Blend Equities | 63 | 10.59% | 4.16B | Jun 2021 | TMSL vs TSPA | |
| T. Rowe Price Growth Stock ETF | Large Cap Growth Equities | 21 | 2.00% | 1.03B | Aug 2020 | TMSL vs TGRW | |
| T. Rowe Price International Equity ETF | Foreign Large Cap Equities | 44 | 10.29% | 1.55B | Jun 2023 | TMSL vs TOUS | |
| T. Rowe Price U.S. High Yield ETF | High Yield Bonds | 62 | 1.92% | 845.86M | Oct 2022 | TMSL vs THYF | |
| T. Rowe Price Growth ETF | Large Cap Growth Equities | 24 | 3.05% | 1.51B | Jun 2023 | TMSL vs TGRT |
Often Compared With TMSL
Investors most often compare TMSL with MDY, SAA, IWM. These 19 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare TMSL with Any Fund or Stock
Compare TMSL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TMSL with funds that move differently
T. Rowe Price Small-Mid Cap ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TMSL.
Explore TMSL Diversifiers