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T. Rowe Price US Equity Research ETF (TSPA)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US87283Q5036

Inception Date

Jun 8, 2021

Region

North America (U.S.)

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

TSPA has an expense ratio of 0.34%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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Returns By Period

T. Rowe Price US Equity Research ETF (TSPA) returned -0.78% year-to-date (YTD) and 12.73% over the past 12 months.


TSPA

YTD

-0.78%

1M

9.23%

6M

-2.33%

1Y

12.73%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-0.64%

1M

8.97%

6M

-2.62%

1Y

11.90%

5Y*

15.76%

10Y*

10.69%

*Annualized

Monthly Returns

The table below presents the monthly returns of TSPA, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20252.65%-1.53%-5.91%-0.71%5.07%-0.78%
20242.30%5.63%3.27%-3.94%5.12%3.80%0.61%2.28%2.03%-0.80%5.86%-2.02%26.37%
20236.56%-2.06%3.57%2.18%1.24%6.45%3.15%-0.98%-4.76%-1.99%9.33%4.74%29.95%
2022-4.94%-2.91%3.53%-9.49%-0.03%-8.10%9.92%-4.06%-9.21%7.70%5.14%-5.62%-18.69%
20211.85%2.26%3.07%-4.34%6.76%-0.88%4.65%13.71%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of TSPA is 66, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of TSPA is 6666
Overall Rank
The Sharpe Ratio Rank of TSPA is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of TSPA is 6565
Sortino Ratio Rank
The Omega Ratio Rank of TSPA is 6767
Omega Ratio Rank
The Calmar Ratio Rank of TSPA is 6868
Calmar Ratio Rank
The Martin Ratio Rank of TSPA is 6666
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for T. Rowe Price US Equity Research ETF (TSPA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

T. Rowe Price US Equity Research ETF Sharpe ratios as of May 13, 2025 (values are recalculated daily):

  • 1-Year: 0.66
  • All Time: 0.61

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of T. Rowe Price US Equity Research ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

T. Rowe Price US Equity Research ETF provided a 0.50% dividend yield over the last twelve months, with an annual payout of $0.19 per share.


0.40%0.60%0.80%1.00%1.20%$0.00$0.05$0.10$0.15$0.20$0.252021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021
Dividend$0.19$0.19$0.12$0.26$0.12

Dividend yield

0.50%0.50%0.41%1.16%0.43%

Monthly Dividends

The table displays the monthly dividend distributions for T. Rowe Price US Equity Research ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00$0.00$0.00
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.19$0.19
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.12$0.12
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.26$0.26
2021$0.12$0.12

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 US Equity Research 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 US Equity Research ETF was 24.72%, occurring on Oct 12, 2022. Recovery took 280 trading sessions.

The current T. Rowe Price US Equity Research ETF drawdown is 5.10%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-24.72%Dec 30, 2021198Oct 12, 2022280Nov 22, 2023478
-19.04%Feb 20, 202534Apr 8, 2025
-8.9%Jul 17, 202414Aug 5, 202432Sep 19, 202446
-5.49%Apr 1, 202415Apr 19, 202417May 14, 202432
-4.79%Aug 31, 202124Oct 4, 202111Oct 19, 202135

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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