The active ETF landscape has become an ever-larger part of the ETF ecosystem. Leveraging fundamental research and increasingly competing for core and core-plus assets, active ETFs have picked up major inflows and helped accelerate ETF launches in recent years. T. Rowe Price’s TSPA is no exception and has recently doubled in AUM YTD.
Key Takeaways:
- The active ETF TSPA recently reached $4.2 billion, a notable milestone as it has doubled its AUM YTD.
- The fund has seen major inflows of $1.7 billion YTD and some strong organic growth.
- It could make for a leading contender for those considering a core active ETF fund.
The T. Rowe Price U.S. Equity Research ETF (TSPA ) entered the year with $2.1 billion in AUM and as of July 10 reached $4.2 billion. The fund has gained significant attention so far in 2026, with $1.7 billion in flows. What’s more, the firm has recently seen Vanguard closely analyze its active approach, bringing in T. Rowe Price to subadvise some of its strategies. That includes the team that backs TSPA.
Specifically, TSPA charges a 34 basis point fee to actively invest in U.S. stocks that meet its fundamental standards. It leverages a team of about 30 research analysts to back its decisions, looking to add value across the S&P 500 over a full market cycle via research-driven stock selection.
That has helped the active ETF return 10.2% YTD according to ETF Database data. Over the last 12 months, as well, the fund has returned 20.8%. Those performances have helped the ETF beat the ETF Database Large Cap Blend Equities category average over both time frames.
See more: T. Rowe Price’s Love Discusses ETFs Hitting 3-Year Mark
What, then, might the ETF expect to see in the second half of the year? Its active approach could add flexibility and durability to portfolios. In a core role, for example, it could add some oomph to index-heavy performance. The ETF has also seen its price rise above both its 50- and 200-day simple moving averages, a buy signal indicator. With its AUM continuing to rise, the fund has a case to gain even more attention as a top tier active ETF.
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