10 T. Rowe Price ETFs Cross $1 Billion in AUM

In a notable milestone, T. Rowe Price now holds ten ETFs with $1 billion in AUM. This comes following the T. Rowe Price Growth ETF (TGRW) being the latest to cross that threshold. The firm’s ten $1 billion plus funds cover a variety of ETF categories, and together speak to the growing, significant appeal of active investing and the ETF wrapper.

Key Takeaways:

• Active ETFs have picked up major inflows relative to their overall AUMs, shining bright in the overall ETF ecosystem.
• The ETF rule in 2019 helped streamline ETF launches with T. Rowe Price emerging as a leader in active ETF innovation.
• Today, the firm sports ten active ETFs that can claim at least $1 billion in AUM, a milestone for its active suite.

The ETF landscape has seen massive growth in recent years with active ETFs being particularly popular. Since the ETF Rule in 2019 has helped to streamline the launch process, asset managers have leveled up the playing field with increasing innovation and T. Rowe Price is no exception. 

The firm’s largest active ETF is the T. Rowe Price Capital Appreciation Equity ETF (TCAF). Launched in 2023, the fund is approaching its three-year milestone next month and has already crossed the $7 billion AUM mark. Managed by David Giroux, TCAF targets higher quality U.S. large caps with above average growth potential.

In addition to TGRW and TCAF, the firm has six other equity ETFs above $1 billion in AUM and two bond funds in that echelon as well. The T. Rowe Price Small-Mid Cap ETF (TMSL) has added the largest flows YTD, according to ETF Database data, with more than $800 million in that time. TMSL has also led performance in the AUM top ten category, returning 13.96% YTD.

See more: Leading Active ETF TCAF Crosses $7 Billion AUM Milestone

The firm’s largest bond ETFs, the T. Rowe Price QM U.S. Bond ETF (TAGG) and the T. Rowe Price Ultra Short-Term Bond ETF (TBUX) come in at $1.9 billion and $1.1 billion, respectively. Those strategies have both added more than a quarter billion YTD in net inflows.

With ten active ETFs now crossing the $1 billion mark, T. Rowe Price offers a robust “full house” of investment options. These funds utilize the firm’s signature fundamental research to help investors and advisors build more resilient, outperforming portfolios in an uncertain 2026.

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