TACN vs. TEMR

Last updated Jul 23, 2026

TACN (T. Rowe Price Active Core International Equity ETF) and TEMR (T. Rowe Price Emerging Markets Equity Research ETF) are both Actively Managed funds from T. Rowe Price. Both are actively managed. A 0.79 correlation means they provide meaningful diversification when combined. TACN charges 0.20%/yr vs 0.40%/yr for TEMR.

Performance

TACN vs. TEMR - 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 T. Rowe Price Emerging Markets Equity Research ETF (TEMR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TACN

• 1D: 0.29%
• 1M: 0.15%
• 6M: 8.02%
• YTD: 11.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

TEMR

• 1D: -0.67%
• 1M: -8.61%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TACN T. Rowe Price Active Core International Equity ETF	$158.42K	$86.77K	$72.80K
TEMR T. Rowe Price Emerging Markets Equity Research ETF	$52.19K	$55.63K	$36.85K

TACN vs. TEMR - Yearly Performance Comparison

	2026 (YTD)
TACN T. Rowe Price Active Core International Equity ETF	7.64%
TEMR T. Rowe Price Emerging Markets Equity Research ETF	11.99%

Correlation

The correlation between TACN and TEMR is 0.79, 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 Mar 12, 2026	0.79

Return for Risk

TACN vs. TEMR - 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 Emerging Markets Equity Research ETF (TEMR). 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. TEMR - Drawdown Comparison

The maximum TACN drawdown since its inception was -10.98%, roughly equal to the maximum TEMR drawdown of -11.29%. Use the drawdown chart below to compare losses from any high point for TACN and TEMR.

Drawdown Indicators

	TACN	TEMR	Difference
Max Drawdown Largest peak-to-trough decline	-10.98%	-11.29%	+0.31%
Current Drawdown Current decline from peak	-0.83%	-8.61%	+7.78%
Average Drawdown Average peak-to-trough decline	-2.35%	-3.23%	+0.88%

Volatility

Volatility by Period

	TACN	TEMR	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.27%	33.34%	-16.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.27%	33.34%	-16.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.27%	33.34%	-16.07%

TACN vs. TEMR - Expense Ratio Comparison

TACN has a 0.20% expense ratio, which is lower than TEMR's 0.40% expense ratio.

Dividends

TACN vs. TEMR - Dividend Comparison

Neither TACN nor TEMR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TACN and TEMR in my portfolio?

TACN and TEMR have a correlation of 0.79, 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 TEMR?

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 TEMR?

TACN is cheaper with a 0.20% expense ratio, compared with 0.40% for TEMR.

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

TACN and TEMR have nearly identical dividend yields, around 0.00%.

What is the main difference between TACN and TEMR?

Their fees differ too: 0.20% for TACN and 0.40% for TEMR.