TEQI
T. Rowe Price Equity Income ETF
TEQI is an actively managed, non-transparent ETF investing in U.S. large cap stocks and ADRs with a strong track record of paying dividends or that are believed to be undervalued.
US
EQUITY
Active
MANAGEMENT STYLE
279.9 M
ASSETS UNDER MGMT
54 bp
EXPENSES
Fund Basics
| Fund sponsor | T. Rowe Price |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Aug 05, 2020 |
| Assets (mns) | $280 |
| Expense ratio | 54 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top Holdings
| QUALCOMM INC | 0.0 % |
| SOUTHERN CO | 0.0 % |
| UNITED PARCEL SERVICE-CL B | 0.0 % |
| DOW CHEMICAL | 0.0 % |
| WELLS FARGO & CO | 0.0 % |
| MORGAN STANLEY | 0.0 % |
| CHUBB LIMITED | 0.0 % |
| GENERAL ELECTRIC CO | 0.0 % |
| TOTAL SA-SPON ADR | 0.0 % |
| PHILIP MORRIS INTERNATIONAL | 0.0 % |
Asset Allocation
Historical Performance
Standardized Performance (as of 03/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 5.2% | 12.4% | 11.1% | 5.4% | -- | -- | -- | 12.2% |
| Dividend Yield | -2.0% | -6.3% | -11.1% | -5.4% | -- | -- | -- | -0.2% |
| Total Returns | 3.2% | 6.1% | -- | -- | -- | -- | -- | 12.0% | Ann. Volatility | 10.2% | 10.8% | 11.7% | 14.6% | -- | -- | -- | 15.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.76 | 56% |
| MSCI EAFE | 0.79 | 62% |
| MSCI Emg Mkts | 0.53 | 19% |
Liquidity Measures
| Avg. volume (000) | 17 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.00% |
| ADV of underlying (mns) | $0 |
Technical Indicators
| Recent close | $38.77 |
| 30d moving avg. | $40.56 |
| Annualized volatility | 12.1% |
| Relative strength (RSI) | 42 |
| Short interest (ETF) | 0.3% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Active US Equity ETFs |
| # of ETFs | 308 |
| Avg. Expense Ratio | 67.1 bp |
| Std. Deviation | 37 bp |
| TEQI (54 bp) Percentile rank | 39 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| TEQI | 54.0 | 0.0 | 54 |
| Peer Avg. | 49.0 | 20.2 | 69.2 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .