T. Rowe Price Small-Cap ETF (TSEE US)
TSEE US$24.77
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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)
- 24.77
- Change
- ▲ 0.30 (1.23)
- Bid / Ask
- 24.88 - 24.93
- Volume
- 129
- Turnover
- 2,464
- Open
- 24.72
- Day Range
- 24.72 - 24.72
- VWAP
- 24.64
- Prev Close
- 24.47
- Last Trade
- 28/10 10:45am
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
$10.3M
OCT 2026
Distributions
Annually
Since inception
0.1 yrs
SEP 2026
- Legal name
- T. Rowe Price Small-Cap ETF
- Issuer
- T. Rowe Price
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Actively managed
- Morningstar category
- Small Blend
- Category index
- Morningstar US Small Cap Mkt TR USD
- Benchmark
- N/A
- ETF net assets
- $10.3M
- Units on issue
- 425,055
- Management fee
- 0.59% 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 securities of small-cap companies. It defines a small-cap company as a company whose market capitalization falls below the maximum market capitalization in the Russell 2000® Index, MSCI USA Small Cap Index, or MSCI World Small Cap Index (after systematically removing any companies that cannot reasonably be considered a small-cap company from the high end of the range of each index).
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 96.18%Non-US equity 3.62%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 99.80 | 99.80 | — |
| Bond | 0.00 | 0.00 | — |
| Cash | 0.01 | 0.01 | — |
| Other | 0.19 | 0.19 | — |
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 34.07%Sensitive 38.09%Defensive 27.84%
- Basic Materials
- 4.46%
- Consumer Cyclical
- 7.85%
- Financial Services
- 18.04%
- Real Estate
- 3.72%
- Communication Services
- 5.50%
- Energy
- 8.89%
- Industrials
- 14.38%
- Technology
- 9.31%
- Consumer Defensive
- 3.00%
- Healthcare
- 21.89%
- Utilities
- 2.95%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 98.91%Emerging markets 1.09%
- North America
- 98.28%
- Latin America
- 0.00%
- United Kingdom
- 0.62%
- Europe Developed
- 0.00%
- Europe Emerging
- 0.00%
- Africa / Middle East
- 1.09%
- 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
- 96.37%
- Canada
- 2.02%
- Other Countries
- 1.02%
- United Kingdom
- 0.58%
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
- Small Growth
Size score
25
Small
Mid
Large
Value-growth score
201
Value
Blend
Growth
Economic moat
Wide 13%Narrow 47%None 40%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
- Giant
- 0.00%
- Large
- 0.00%
- Mid
- 8.36%
- Small
- 60.01%
- Micro
- 31.64%
Mid 8%Small 60%Micro 32%
- Average market cap
- $5.14B
- Number of holdings
- 224
- Shares held
- 222
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
- 21.61
- Price / book
- 2.50
- Price / sales
- 1.90
- Price / cash flow
- 12.01
- Dividend yield
- 0.85%
- Assets in top 10
- 15.40%
- Return on equity
- 3.61%
- Net margin
- 13.58%
Top holdings · top 10 = 14.70% 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 | |
|---|---|---|---|---|---|---|---|---|
| Liberty Live Holdings Inc Ordinary Shares (Liberty Live Group) Series C LLYVK | 2.04 | SEP 2026 | 200,520 | USD | 2,023 | Communication Services | United States | |
| Dyne Therapeutics Inc Ordinary Shares DYN | 1.77 | SEP 2026 | 173,885 | USD | 10,727 | Healthcare | United States | |
| InterDigital Inc IDCC | 1.57 | SEP 2026 | 154,367 | USD | 476 | Technology | United States | |
| TMX Group Ltd X | 1.54 | SEP 2026 | 151,991 | CAD | 4,112 | Financial Services | Canada | |
| Repligen Corp RGEN | 1.53 | SEP 2026 | 150,403 | USD | 773 | Healthcare | United States | |
| Immunome Inc Ordinary Shares IMNM | 1.27 | SEP 2026 | 125,145 | USD | 5,717 | Healthcare | United States | |
| BrightSpring Health Services Inc BTSG | 1.27 | SEP 2026 | 125,135 | USD | 2,247 | Healthcare | United States | |
| Kymera Therapeutics Inc Ordinary Shares KYMR | 1.25 | SEP 2026 | 123,108 | USD | 1,114 | Healthcare | United States | |
| OR Royalties Inc OR | 1.24 | SEP 2026 | 121,907 | CAD | 3,550 | Basic Materials | Canada | |
| Grocery Outlet Holding Corp GO | 1.23 | SEP 2026 | 121,249 | USD | 11,073 | Consumer Defensive | 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
82.4
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
- 0.59% p.a.
- PDS dated
- 1 AUG 2026
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Alex Roik
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
- 1
- Average tenure
- 0.1 years
- Longest tenure
- 0.1 years
- Longest serving
- Alex Roik · since 16 SEP 2026
- Most recent appointment
- Alex Roik · since 16 SEP 2026
- Managed since
- 16 SEP 2026
- Other funds managed
- 6
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
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