T. Rowe Price QM U.S. Bond ETF
$41.02−0.38 (−0.92%)
- Expense ratio
- 0.08%
- Fund size
- $2.6B
- 1Y return
- +0.2%
- Yield · Last 12 months
- 4.62%
- Volume · 30D
- 0.3M sh
- NAV per share
- $41.33
- 52W range
The ETF.net TAGG Grade
Score 76 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 86Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 99Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 45Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 62Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 64Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 71Category rank
Our read on TAGG
AActive bond management at index-fund pricing. T. Rowe Price runs quant models plus human credit research across roughly 600 U.S. investment-grade bonds, aiming to beat the Agg rather than copy it, for 0.08% a year.
The fund seeks total returns above the U.S. investment-grade bond market by investing primarily in U.S. bonds and using quantitative models alongside fundamental bond research.
Why people hold it
- 0.08% a year, a fraction of the typical fund in the aggregate-bond group and within shouting distance of plain index trackers. Rare pricing for an actively run portfolio.
- The mandate is to exceed the Bloomberg U.S. Aggregate Bond Index, not mirror it, using quantitative models alongside fundamental bond research.troweprice.com
- Roughly 600 investment-grade U.S. bonds under one ticker, with distributions paid monthly.
- Live since 2021 and now a multi-billion-dollar fund, and it does what its prospectus describes closely enough to rank among the stronger builds in a crowded core-bond field.
Worth knowing
- Active means drift. Sector and credit weights can sit away from the index, so returns can land on either side of the Agg.
- Straight index exposure to the same market costs less: BND, SPAB and SCHZ each charge 0.03%.
- It is a bond fund, so it moves with interest rates and carries credit risk, including possible loss of principal.troweprice.com
TAGG Holdings
- Bonds
- —
- 18%
- S45209929 CDS USD R F 1.00000 5745209929FEE CCPCDX
Sectors
- Technology52.7%
- Communication15.2%
- Consumer Discr.14.3%
- Cons. Staples5.5%
- Health Care5.0%
- Industrials3.5%
- Materials1.3%
- Utilities1.3%
- Energy0.6%
- Financials0.6%
- Real Estate0.2%
Geography
- United States90.73%
- Canada2.00%
- United Kingdom1.78%
- Netherlands0.86%
- Spain0.66%
- Mexico0.50%
- Japan0.46%
- Poland0.46%
- 2.55%
TAGG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | TAGG |
|---|---|
| Year to date | −0.9% |
| 1 month | −0.8% |
| 3 months | −1.4% |
| 1 year | +0.2% |
| 3 years | +4.6% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | TAGG |
|---|---|---|
| 2026 YTD | −0.9% | |
| 2025 | +7.4% | |
| 2024 | +1.7% | |
| 2023 | +5.7% | |
| 2022 | −13.7% | |
| 2021 | +0.0% |
TAGG in the news
ETF.net Research hasn’t filed on TAGG yet — coverage lands here as it’s written.
TAGG Dividends
- 4.62%
- $1.91
- $0.16 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 26, 2026 | Aug 28, 2026 | $0.16 |
| Jul 28, 2026 | Jul 30, 2026 | $0.16 |
| Jun 25, 2026 | Jun 29, 2026 | $0.14 |
| May 26, 2026 | May 28, 2026 | $0.16 |
| Apr 27, 2026 | Apr 29, 2026 | $0.16 |
| Mar 26, 2026 | Mar 30, 2026 | $0.16 |
| Feb 24, 2026 | Feb 26, 2026 | $0.15 |
| Jan 27, 2026 | Jan 29, 2026 | $0.15 |
| Dec 23, 2025 | Dec 26, 2025 | $0.17 |
| Nov 24, 2025 | Nov 26, 2025 | $0.16 |
| Oct 28, 2025 | Oct 30, 2025 | $0.16 |
| Sep 25, 2025 | Sep 29, 2025 | $0.17 |
TAGG Risk
- 5.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.04
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −18.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.00
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TAGG Cost
- The middle half of US Aggregate Bond funds
- Median 0.34%
15 of the 112 US Aggregate Bond funds charge less.