T. Rowe Price TSPA Doubles AUM to $4.2 Billion YTD

T. Rowe Price’s U.S. Equity Research ETF (TSPA) doubled assets to $4.2 billion as of July 10, rising from $2.1 billion at the start of 2026 after $1.7 billion in year-to-date inflows.

The ETF charges a 34-basis-point fee and invests in U.S. stocks selected through fundamental, bottom-up research. A team of roughly 30 research analysts supports the strategy, which seeks to add returns relative to the S&P 500 over a full market cycle through stock selection.

Performance contributed to investor interest: the fund returned 10.2% year-to-date and 20.8% over the past 12 months. Those returns exceeded average results for the Large Cap Blend Equities category over the same periods. The ETF’s price has moved above its 50- and 200-day simple moving averages.

Institutional attention has increased. Vanguard engaged T. Rowe Price to subadvise certain Vanguard strategies, including work from the team that supports TSPA.

Active ETFs have taken a larger share of the ETF market this year, drawing significant inflows and prompting new product launches. TSPA’s research-driven approach, fee level and recent performance align with the factors behind flows into active equity funds.

The fund began 2026 with $2.1 billion in assets and reached $4.2 billion by July 10 after recording $1.7 billion in inflows so far this year.