Press release
T. ROWE PRICE LAUNCHES ACTIVE CORE ETFs BLENDING BENEFITS OF ACTIVE AND PASSIVE INVESTING; FEES WAIVED THROUGH JANUARY 2027
The T. Rowe Price Active Core U.S. Equity ETF and Active Core International Equity ETF combine the low tracking error of index portfolios and the firm's

About this update from T. Rowe Price Group, Inc.
[{"type":"text","content":"The T. Rowe Price Active Core U.S. Equity ETF and Active Core International Equity ETF combine the low tracking error of index portfolios and the firm's hallmark active fundamental and quantitative investment researchBALTIMORE, Dec. 11, 2025 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, announced today the addition of two new active equity exchange-traded funds (ETFs): T. Rowe Price Active Core U.S. Equity ETF (Ticker: TACU) and T. Rowe Price Active Core International Equity ETF (Ticker: TACN). The new funds began trading on NYSE Arca today, and T. Rowe Price is fully waiving fees for the ETFs' first 13 months.*\n \n \n \n \n \n \n \nThe two new ETFs apply T. Rowe Price's active management, leveraging targeted security selection through fundamental and quantitative research and a disciplined, risk-controlled approach, while maintaining low fees and low index tracking error, features typically associated with passive investing. T. Rowe Price Active Core U.S. Equity ETF (TACU) is an actively managed core U.S. Large Cap portfolio seeking to outperform the broad U.S. equity market with approximately 550-650 holdings.T. Rowe Price Active Core International Equity ETF (TACN) is an actively managed core international equity portfolio that seeks to outperform the broad global ex-U.S. developed equity markets with approximately 400-500 holdings.Both ETFs are team-managed by Jordan Pryor CFA®, with 11 years of experience; Andrew Tang CFA®, who has 12 years of investment experience; Laurence Taylor CFA®, who has 26 years of experience; and Joe Wolfe CFA®, who has 24 years of experience.Today's launches bring T. Rowe Price's roster of active ETFs to 30, including 20 equity ETFs and 10 fixed income offerings. Each ETF delivers key features associated with ETFs such as tax efficiency, more competitive expense ratios, and the flexibility to buy and sell shares throughout the trading day. Portfolio managers follow the firm's regular practice of asking better questions, as they strive to deliver better investment outcomes for clients.QUOTETim Coyne, Global Head of Exchange-Traded Funds\"Our Active Core ETFs uniquely blend the benefits of passive index portfolios with fully active strategies, adding a compelling new dimension to our ETF lineup. By combining T. Rowe Price's active management experti...