- Issuer
- T. Rowe Price
- Inception Date
- Jun 14, 2023
- Category
- Large Cap Value Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
- Assets Under Management
- $728M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
TVAL Performance Chart
T. Rowe Price Value ETF (TVAL) is up 15.5% since the beginning of the year. TVAL is currently trading at $41 per share.
Loading charts...
Returns By Period
T. Rowe Price Value ETF (TVAL) has returned 15.47% so far this year and 29.12% over the past 12 months.
T. Rowe Price Value ETF
- 1D
- 0.77%
- 1M
- 3.30%
- YTD
- 15.47%
- 6M
- 17.77%
- 1Y
- 29.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
TVAL Monthly Returns History
Based on dividend-adjusted daily data since Jun 15, 2023, TVAL's average daily return is +0.07%, while the average monthly return is +1.43%. At this rate, an investment would double in approximately 4.1 years.
Historically, 70% of months were positive and 30% were negative. The best month was Apr 2026 with a return of +9.1%, while the worst month was Dec 2024 at -6.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, TVAL closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +6.6%, while the worst single day was Apr 4, 2025 at -6.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.97% | 3.19% | -5.16% | 9.07% | 2.86% | 0.20% | 15.47% | ||||||
| 2025 | 5.32% | 0.31% | -2.73% | -3.13% | 3.62% | 3.27% | -0.25% | 2.95% | 1.17% | 0.62% | 2.48% | 1.29% | 15.59% |
| 2024 | 0.78% | 4.23% | 5.04% | -3.13% | 3.63% | -0.60% | 3.11% | 2.56% | 0.82% | -1.14% | 5.89% | -6.80% | 14.54% |
| 2023 | 0.72% | 3.68% | -3.01% | -3.00% | -2.57% | 7.60% | 5.13% | 8.28% |
Benchmark Metrics
T. Rowe Price Value ETF has an annualized alpha of 3.74%, beta of 0.73, and R2 of 0.74 versus S&P 500 Index. Calculated based on daily prices since June 16, 2023.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (88.42%) than losses (87.45%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 3.74% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 3.74%
- Beta
- 0.73
- R²
- 0.74
- Upside Capture
- 88.42%
- Downside Capture
- 87.45%
Expense Ratio
TVAL has an expense ratio of 0.33%, placing it in the medium range.
Return for Risk
Risk / Return Rank
TVAL ranks 82 for risk / return — in the top 82% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for T. Rowe Price Value ETF (TVAL) and compare them to S&P 500 Index.
| TVAL | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.75 | 2.39 | +0.36 |
Sortino ratioReturn per unit of downside risk | 3.85 | 3.25 | +0.60 |
Omega ratioGain probability vs. loss probability | 1.50 | 1.43 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 4.09 | 3.11 | +0.98 |
Martin ratioReturn relative to average drawdown | 17.17 | 14.38 | +2.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
T. Rowe Price Value ETF provided a 1.00% dividend yield over the last twelve months, with an annual payout of $0.41 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $0.41 | $0.41 | $0.36 | $0.17 |
Dividend yield | 1.00% | 1.15% | 1.16% | 0.64% |
Monthly Dividends
The table displays the monthly dividend distributions for T. Rowe Price Value 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2023 | $0.17 | $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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the T. Rowe Price Value 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 Value ETF was 14.84%, occurring on Apr 8, 2025. Recovery took 59 trading sessions.
The current T. Rowe Price Value ETF drawdown is 0.34%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -14.84%Apr 2025 | 4mo 7d | 2mo 26d | 7mo 3dDec 2024 - Jul 2025 |
2023 pullback2023 | -9.81%Oct 2023 | 2mo 27d | 1mo 16d | 4mo 13dAug 2023 - Dec 2023 |
2026 pullback2026 | -7.15%Mar 2026 | 1mo 1d | 15d | 1mo 16dFeb 2026 - Apr 2026 |
2024 pullback2024 | -5.69%Aug 2024 | 19d | 18d | 1mo 7dJul 2024 - Aug 2024 |
2024 pullback2024 | -4.48%Apr 2024 | 17d | 22d | 1mo 9dApr 2024 - May 2024 |
Drawdown Indicators
| TVAL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.84% | -56.78% | +41.94% |
Max Drawdown (1Y)Largest decline over 1 year | -7.15% | -9.10% | +1.95% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.34% | 0.00% | -0.34% |
Average DrawdownAverage peak-to-trough decline | -2.06% | -10.72% | +8.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.70% | 1.97% | -0.27% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with TVAL
Add T. Rowe Price Value ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with TVAL