---
ticker: "TCAL"
name: "T. Rowe Price Capital Appreciation Premium Income ETF"
url: "https://etf.net/etf/TCAL"
grade: "A"
score: 76
graded_at: "2026-10-12"
category: "Active Option Income"
category_rank: "3 of 51"
methodology: "https://etf.net/methodology"
---

# TCAL: T. Rowe Price Capital Appreciation Premium Income ETF

Grade **A**, Score 76 of 100. Rank 3 of 51 in Active Option Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 97 | 2 of 51 |
| Mission | Not scored | — |
| Risk | 48 | 26 of 46 |
| Tradability | 55 | 21 of 51 |
| Holdings | 86 | 2 of 42 |
| Durability | 84 | 8 of 51 |

## Top holdings

The fund holds 105 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | DHR | Danaher Corp Common Stock USD.01 | 1.86% |
| 2 | VLTO | Veralto Corp Common Stock USD.01 | 1.85% |
| 3 | MA.BA | Mastercard Inc A Common Stock USD.0001 | 1.85% |
| 4 | AMZN.NE | Amazon.com Inc Common Stock USD.01 | 1.78% |
| 5 | WAT | Waters Corp Common Stock USD.01 | 1.77% |
| 6 | MSFT.NE | Microsoft Corp Common Stock USD.00000625 | 1.66% |
| 7 | IEX | Idex Corp Common Stock USD.01 | 1.56% |
| 8 | TSM | Taiwan Semiconductor Sp Adr Adr | 1.53% |
| 9 | LMT.BA | Lockheed Martin Corp Common Stock USD1.0 | 1.51% |
| 10 | XOM.MX | Exxonmobil Holdings Corp Common Stock | 1.48% |
| 11 | DTE | Dte Energy Company Common Stock | 1.47% |
| 12 | AME | Ametek Inc Common Stock USD.01 | 1.45% |
| 13 | ABT | Abbott Laboratories Common Stock | 1.45% |
| 14 | AMD.BA | Advanced Micro Devices Common Stock USD.01 | 1.42% |
| 15 | WCN.TO | Waste Connections Inc Common Stock | 1.42% |
| 16 | TDY | Teledyne Technologies Inc Common Stock USD.01 | 1.41% |
| 17 | GEHC | Ge Healthcare Technology Common Stock USD.01 | 1.39% |
| 18 | ANET | Arista Networks Inc Common Stock USD.0001 | 1.38% |
| 19 | NOC | Northrop Grumman Corp Common Stock USD1.0 | 1.36% |
| 20 | TMO.NE | Thermo Fisher Scientific Inc Common Stock USD1.0 | 1.36% |
| 21 | GILD | Gilead Sciences Inc Common Stock USD.001 | 1.31% |
| 22 | NVDA.NE | NVIDIA Corp Common Stock USD.001 | 1.30% |
| 23 | RSG | Republic Services Inc Common Stock USD.01 | 1.28% |
| 24 | SNPS | Synopsys Inc Common Stock USD.01 | 1.28% |
| 25 | BDX.SW | Becton Dickinson and Co Common Stock USD1.0 | 1.27% |
| 26 | V.BA | Visa Inc Class A Shares Common Stock USD.0001 | 1.25% |
| 27 | WM | Waste Management Inc Common Stock USD.01 | 1.23% |
| 28 | ETR | Entergy Corp Common Stock USD.01 | 1.21% |
| 29 | SPGI | S+p Global Inc Common Stock USD1.0 | 1.21% |
| 30 | SPXC | Spx Technologies Inc Common Stock USD.01 | 1.20% |

Source: etf.net, https://etf.net/etf/TCAL. Please cite the page URL.