TACN vs. RMRC

Last updated Jul 17, 2026

TACN (T. Rowe Price Active Core International Equity ETF) and RMRC (ARMOR Core Risk-Managed ETF) are both Actively Managed funds. Both are actively managed. A 0.65 correlation means they provide meaningful diversification when combined. TACN charges 0.20%/yr vs 0.60%/yr for RMRC.

Performance

TACN vs. RMRC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Active Core International Equity ETF (TACN) and ARMOR Core Risk-Managed ETF (RMRC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TACN

• 1D: -0.54%
• 1M: -0.15%
• 6M: 7.27%
• YTD: 11.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RMRC

• 1D: 0.74%
• 1M: 1.03%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TACN vs. RMRC - Yearly Performance Comparison

	2026 (YTD)
TACN T. Rowe Price Active Core International Equity ETF	1.61%
RMRC ARMOR Core Risk-Managed ETF	3.28%

Correlation

The correlation between TACN and RMRC is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 24, 2026	0.65

Return for Risk

TACN vs. RMRC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Active Core International Equity ETF (TACN) and ARMOR Core Risk-Managed ETF (RMRC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

TACN vs. RMRC - Drawdown Comparison

The maximum TACN drawdown since its inception was -10.98%, which is greater than RMRC's maximum drawdown of -6.57%. Use the drawdown chart below to compare losses from any high point for TACN and RMRC.

Drawdown Indicators

	TACN	RMRC	Difference
Max Drawdown Largest peak-to-trough decline	-10.98%	-6.57%	-4.41%
Current Drawdown Current decline from peak	-1.11%	0.00%	-1.11%
Average Drawdown Average peak-to-trough decline	-2.37%	-1.63%	-0.74%

Volatility

Volatility by Period

	TACN	RMRC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.42%	10.22%	+7.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.42%	10.22%	+7.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.42%	10.22%	+7.20%

TACN vs. RMRC - Expense Ratio Comparison

TACN has a 0.20% expense ratio, which is lower than RMRC's 0.60% expense ratio.

Dividends

TACN vs. RMRC - Dividend Comparison

TACN has not paid dividends to shareholders, while RMRC's dividend yield for the trailing twelve months is around 0.58%.

Position	TTM
RMRC ARMOR Core Risk-Managed ETF	0.58%
TACN T. Rowe Price Active Core International Equity ETF	0.00%

Frequently Asked Questions

Can I hold both TACN and RMRC in my portfolio?

TACN and RMRC have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TACN or RMRC?

On fees, TACN is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TACN or RMRC?

TACN is cheaper with a 0.20% expense ratio, compared with 0.60% for RMRC.

Which ETF pays a higher dividend yield, TACN or RMRC?

RMRC has the higher dividend yield at 0.58%, compared with 0.00% for TACN.

What is the main difference between TACN and RMRC?

They also come from different issuers: T. Rowe Price and Exchange Traded Concepts. Their fees differ too: 0.20% for TACN and 0.60% for RMRC.