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TMSL vs TIER

T. Rowe Price Small-Mid Cap ETF vs T. Rowe Price International Equity Research ETF

TMSL

T. Rowe Price Small-Mid Cap ETF

T. Rowe Price

Annual cost

0.55%

Fund size

$2.0B

TIER

T. Rowe Price International Equity Research ETF

T. Rowe Price

Annual cost

0.38%

Fund size

$28M

Key differences

  • TIER costs 0.17% less per year.
  • TMSL is significantly larger than TIER — larger funds tend to be more liquid and less likely to close.
  • TMSL covers north america markets; TIER covers global.

Side-by-side comparison

TMSLTIER
Annual cost (TER)0.55%0.38%
Fund size (AUM)$2.0B$28M
Since20232025
Dividend yield0.51%
Asset classequityequity
Regionnorth americaglobal
Strategyindex trackingindex tracking
CAGR 1Y+32.2%N/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y17.29%
Max drawdown-24.39%-12.07%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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