TACN vs. TCAF
TACN (T. Rowe Price Active Core International Equity ETF) and TCAF (T. Rowe Price Capital Appreciation Equity ETF) are both exchange-traded funds - TACN is a Actively Managed fund actively managed by T. Rowe Price, while TCAF is a Large Cap Blend Equities fund actively managed by T. Rowe Price. Both are actively managed. Their 0.67 correlation means they have sometimes moved together and sometimes differently. TACN charges 0.20%/yr vs 0.31%/yr for TCAF.
Performance
TACN vs. TCAF - Performance Comparison
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Returns By Period
In the year-to-date period, TACN achieves a 10.54% return, which is significantly higher than TCAF's 5.97% return.
TACN
- 1D
- -0.46%
- 1M
- 0.08%
- 6M
- 4.64%
- YTD
- 10.54%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
TCAF
- 1D
- -1.34%
- 1M
- -0.78%
- 6M
- 5.03%
- YTD
- 5.97%
- 1Y
- 11.39%
- 3Y*
- 15.86%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $184.69K | $112.68K | $82.44K | |
| $22.74M | $23.07M | $27.88M |
TACN vs. TCAF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TACN T. Rowe Price Active Core International Equity ETF | 10.54% | 1.68% |
TCAF T. Rowe Price Capital Appreciation Equity ETF | 5.97% | 0.37% |
Correlation
The correlation between TACN and TCAF is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025 | 0.67 |
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Return for Risk
TACN vs. TCAF — Risk / Return Rank
TACN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TCAF
TACN vs. TCAF - 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 T. Rowe Price Capital Appreciation Equity ETF (TCAF). 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.
| TACN | TCAF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.17 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.01 | — |
| Martin ratioReturn relative to average drawdown | — | 3.91 | — |
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Drawdowns
TACN vs. TCAF - Drawdown Comparison
The maximum TACN drawdown since its inception was -10.98%, smaller than the maximum TCAF drawdown of -16.37%. Use the drawdown chart below to compare losses from any high point for TACN and TCAF.
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Drawdown Indicators
| TACN | TCAF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.98% | -16.37% | +5.39% |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.33% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.37% | — |
Current DrawdownCurrent decline from peak | -1.53% | -3.39% | +1.86% |
Average DrawdownAverage peak-to-trough decline | -2.32% | -2.04% | -0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.92% | — |
Volatility
TACN vs. TCAF - Volatility Comparison
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Volatility by Period
| TACN | TCAF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.74% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.40% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.14% | 12.14% | +5.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.14% | 13.89% | +3.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.14% | 13.89% | +3.25% |
TACN vs. TCAF - Expense Ratio Comparison
TACN has a 0.20% expense ratio, which is lower than TCAF's 0.31% expense ratio.
Dividends
TACN vs. TCAF - Dividend Comparison
TACN has not paid dividends to shareholders, while TCAF's dividend yield for the trailing twelve months is around 0.47%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
TACN T. Rowe Price Active Core International Equity ETF | 0.00% | 0.00% | 0.00% | 0.00% |
TCAF T. Rowe Price Capital Appreciation Equity ETF | 0.47% | 0.50% | 0.43% | 0.26% |
Frequently Asked Questions
TACN and TCAF have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
TACN is cheaper with a 0.20% expense ratio, compared with 0.31% for TCAF.
TCAF has the higher dividend yield at 0.47%, compared with 0.00% for TACN.
TACN is categorized as Actively Managed, while TCAF is Large Cap Blend Equities. Their fees differ too: 0.20% for TACN and 0.31% for TCAF.
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