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Beacon

TEQIT. Rowe Price Equity Income ETF

Grow my moneyGet income5y track recordRanked #790 of 1,622 in this goal

Seeks a high level of dividend income and long-term capital growth.

By T. Rowe Price · Launched 2020

Annual Cost

0.54%

#2,755 of 5,562 · average

Fund Size

$406M

#1,738 of 5,562 · large

Return (1Y)Goal

+20.7%

Track Record

5 years

#2,165 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$12,175+21.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Large

Strategy

Active selection

Factor

Dividend

What it actually holds

By weight

Concentration

Top 10 holdings = 19.5% of fund✓ well diversified

QUALCOMM INC
2.1%
METLIFE INC
2.1%
CITIGROUP INC
2.1%
J.P. MORGAN CHASE & CO.
2.0%
SOUTHERN CO/THE
2.0%
ALPHABET INC CL A
2.0%
SCHWAB (CHARLES) CORP
1.9%
BOEING CO/THE
1.9%
TOTALENERGIES SE
1.7%
BANK OF AMERICA CORP
1.7%

Asset allocation

Stocks
100.1%

By sector

Financial Services
19.8%
Technology
15.2%
Healthcare
12.6%
Industrials
12.1%
Energy
10.2%
Communication
7.0%
Consumer Defensive
6.8%
Utilities
6.2%
Other
10.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
10.7%Moderate

Year-on-year price swings

Max drawdown
-17.8%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.93Decent risk-adjusted returns
Sortino (3Y)
1.35Good downside protection

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks a high level of dividend income and long-term capital growth.
Strategy
Invests primarily in large-cap equity securities with a history of paying dividends, using a value approach to select undervalued companies. Actively managed, the fund may concentrate in specific sectors and employs in-house research to identify opportunities for capital appreciation and dividend growth.
Inception date
August 4, 2020
Fund family
T. Rowe Price

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Closet indexing
Warning

Closet indexer — active fees, passive behavior

This fund charges active-management fees but closely tracks its benchmark index. You may be paying a premium for active management that does not meaningfully exist — a combination of high R² versus the benchmark, low tracking error, and a TER sitting well above the passive peer-group median.

R²
90.5%
TE
4.0%
Beta
0.97
Fee
5× 0.11%

Source: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)

Why we flagged this: strategy=active_selection + low_tracking_error+near_market_beta+fee_premium

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19