T. Rowe Price Mid-Cap Equity Research ETF (TMID US)
TMID US$25.75
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Performance
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 25.75
- Change
- ▲ 0.04 (0.15)
- Bid / Ask
- 25.74 - 38.60
- Volume
- 58
- Turnover
- 2,563
- Open
- 25.75
- Day Range
- 25.75 - 25.75
- VWAP
- 25.63
- Prev Close
- 25.71
- Last Trade
- 28/10 4:00pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$11.5M
OCT 2026
Distributions
Annually
Since inception
0.1 yrs
SEP 2026
- Legal name
- T. Rowe Price Mid-Cap Equity Research ETF
- Issuer
- T. Rowe Price
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Actively managed
- Morningstar category
- Mid-Cap Blend
- Category index
- Morningstar US Mid Cap Mkt TR USD
- Benchmark
- N/A
- ETF net assets
- $11.5M
- Units on issue
- 450,018
- Management fee
- 0.47% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 16 SEP 2026
- Listed
- 17 SEP 2026
Objective and strategy
The investment seeks to provide long-term capital growth. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of mid-cap companies.
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 97.33%Non-US equity 2.47%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 99.79 | 99.79 | — |
| Bond | 0.00 | 0.00 | — |
| Cash | 0.00 | 0.00 | — |
| Other | 0.21 | 0.21 | — |
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 31.45%Sensitive 44.01%Defensive 24.54%
- Basic Materials
- 4.14%
- Consumer Cyclical
- 9.01%
- Financial Services
- 12.72%
- Real Estate
- 5.59%
- Communication Services
- 3.84%
- Energy
- 7.66%
- Industrials
- 14.84%
- Technology
- 17.67%
- Consumer Defensive
- 5.12%
- Healthcare
- 13.82%
- Utilities
- 5.60%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 99.83%Emerging markets 0.17%
- North America
- 98.97%
- Latin America
- 0.17%
- United Kingdom
- 0.41%
- Europe Developed
- 0.45%
- Europe Emerging
- 0.00%
- Africa / Middle East
- 0.00%
- Japan
- 0.00%
- Australasia
- 0.00%
- Asia Developed
- 0.00%
- Asia Emerging
- 0.00%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
- United States
- 97.53%
- Canada
- 1.45%
- Switzerland
- 0.45%
- United Kingdom
- 0.41%
- Mexico
- 0.17%
Style box
Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
LargeMidSmallValueBlendGrowth
- Style
- Mid Blend
- Average moat
- Narrow
Size score
116
Small
Mid
Large
Value-growth score
173
Value
Blend
Growth
Economic moat
Wide 29%Narrow 48%None 22%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
- Giant
- 0.17%
- Large
- 5.25%
- Mid
- 56.25%
- Small
- 35.54%
- Micro
- 2.79%
Giant 0%Large 5%Mid 56%Small 36%Micro 3%
- Average market cap
- $20.21B
- Number of holdings
- 396
- Shares held
- 395
Portfolio statistics · 23 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Price / earnings
- 21.30
- Price / book
- 3.06
- Price / sales
- 1.78
- Price / cash flow
- 13.92
- Dividend yield
- 1.18%
- Assets in top 10
- 9.71%
- Return on equity
- 17.57%
- Net margin
- 12.79%
- Earnings growth (3 yr)
- 7.70%
Top holdings · top 10 = 9.56% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| Alnylam Pharmaceuticals Inc ALNY | 1.34 | SEP 2026 | 150,918 | USD | 594 | Healthcare | United States | |
| Phillips 66 PSX | 1.12 | SEP 2026 | 125,368 | USD | 497 | Energy | United States | |
| Element Solutions Inc ESI | 1.03 | SEP 2026 | 115,823 | USD | 3,220 | Basic Materials | United States | |
| Veralto Corp VLTO | 0.94 | SEP 2026 | 106,025 | USD | 1,097 | Industrials | United States | |
| Atlassian Corp Class A TEAM | 0.93 | SEP 2026 | 104,520 | USD | 594 | Technology | United States | |
| Liberty Live Holdings Inc Ordinary Shares (Liberty Live Group) Series A LLYVA | 0.89 | SEP 2026 | 100,540 | USD | 1,041 | Communication Services | United States | |
| TechnipFMC PLC FTI | 0.87 | SEP 2026 | 97,974 | USD | 1,423 | Energy | United States | |
| Keysight Technologies Inc KEYS | 0.86 | SEP 2026 | 96,294 | USD | 267 | Technology | United States | |
| Everpure Inc Class A P | 0.79 | SEP 2026 | 88,434 | USD | 680 | Technology | United States | |
| Snowflake Inc Ordinary Shares SNOW | 0.79 | SEP 2026 | 88,193 | USD | 267 | Technology | United States |
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
Risk score
75.9
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.47% p.a.
- PDS dated
- 1 AUG 2026
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Thomas H. Watson
- Paige Davis
- Amanda Ludwitzke
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 3
- Average tenure
- 0.2 years
- Longest tenure
- 0.2 years
- Longest serving
- Thomas H. Watson, Paige Davis, Amanda Ludwitzke · since 1 AUG 2026
- Most recent appointment
- Thomas H. Watson, Paige Davis, Amanda Ludwitzke · since 1 AUG 2026
- Managed since
- 1 AUG 2026
- Other funds managed
- 5
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
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