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TEMR

GradeBNew York Stock Exchange Arca

T. Rowe Price Emerging Markets Equity Research ETF

Active Equity · T. Rowe · Inception 2026-03-11

$29.54−0.00 (−0.00%)

As of Sep 23, 2026, 9:46 AM EDT

Market opens at 9:30 AM ET.History starts Mar 12, 2026.History starts Mar 12, 2026.
Intraday session: up, 10 prints from 27.97 to 29.54. Range 27.97 to 29.54. Use the arrow keys to read each point.$28.00$28.50$29.00Sep 17Sep 18Sep 21Sep 22Sep 23
Expense ratio
0.40%
Fund size
$25M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
0M sh
NAV per share
$29.36
52W range
low $23.18high $30.28

The ETF.net TEMR Grade

B

58/ 100

Rank 9 of 28 in Emerging Markets Active Equity⁠

Confidence Medium

Six-pillar profile for TEMR. Scores out of 100: Cost 80, Risk 48, Mission not scored, Tradability 41, Holdings 44, Durability 40. Strongest: Cost (80). Weakest: Durability (40). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 58 of 100 sits in the B 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 80
    Category rank7/28 · top 25%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 48
    Category rank16/28 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 41
    Category rank18/28 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 44
    Category rank18/26 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 40
    Category rank21/28 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on TEMR

ETF.net Research

BT. Rowe Price's first emerging-markets ETF hands stock picking to its own analysts, then boxes them in: country, sector and industry weights track the MSCI Emerging Markets Index, so active bets happen inside each bucket, not across them.

Stated mandate

The fund invests primarily in equity securities of emerging-market issuers, using bottom-up stock selection and fundamental research while seeking returns above the MSCI Emerging Markets Index.

Why people hold it

  1. 01At 0.40% a year it undercuts the typical active EM fund in its peer group (median 0.65%), though index-flavored rivals like AVEM and DFEM run cheaper still.investors.troweprice.com
  2. 02Country, sector and industry weights sit close to the MSCI Emerging Markets index, so results ride on stock selection inside each bucket rather than big top-down country calls.troweprice.com
  3. 03Six portfolio managers sit on top of T. Rowe's global analyst bench, running the same structured research process behind its US and international research ETFs (TSPA, TIER).investors.troweprice.com
  4. 04Fully transparent: holdings are disclosed daily, unlike T. Rowe's semi-transparent equity ETFs, which publish a proxy basket instead.investors.troweprice.comtroweprice.com

Worth knowing

  1. 01It started trading in 2026, so there is no long record showing how the analysts' picks stack up against the index.investors.troweprice.com
  2. 02Small and thinly traded so far, so spreads can be wider than on the giant passive EM funds.
  3. 03Staying near index country and sector weights cuts both ways: T. Rowe notes the fund can reallocate less freely than active funds with looser mandates.troweprice.comtroweprice.com

TEMR Holdings

As of Sep 20, 2026, 7:24 AM
Asset class
Stocks
Holdings
—
Top-10 weight
41%
Largest holding
2330.TW13.1%

Geography

  • Taiwan (Province of China)40.61%
  • China19.88%
  • India7.64%
  • Brazil4.86%
  • Korea (the Republic of)3.73%
  • United States3.66%
  • Saudi Arabia3.28%
  • South Africa2.82%
  • Other countries (24)13.53%

Developed 7% · Emerging 93% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 20.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0012330.TWTAIWAN SEMICONDUCTOR MANUFAC COMMON STOCK TWD10.013.07%41,000$3M175
002—SK HYNIX INC COMMON STOCK KRW5000.05.99%1,113$1M3
003—SAMSUNG ELECTRONICS CO LTD COMMON STOCK KRW100.05.53%7,088$1M3
004TSMTAIWAN SEMICONDUCTOR SP ADR ADR3.43%1,927$829K268
005—TENCENT HOLDINGS LTD COMMON STOCK HKD.000022.89%12,800$698K4
006—YUAN RENMINBI OFFSHORE2.79%4,528,467$676K10
0079988.HKALIBABA GROUP HOLDING LTD COMMON STOCK USD.0000031252.27%40,500$549K128
0082454.TWMEDIATEK INC COMMON STOCK TWD10.01.78%3,000$430K162
009—CHINA CONSTRUCTION BANK H COMMON STOCK CNY1.01.52%298,000$368K2
010—SAMSUNG ELECTRONICS PREF PREFERENCE1.40%2,348$340K2
011SMSN.ILSAMSUNG ELECTR GDR REG S GDR1.37%70$331K15
0122308.TWDELTA ELECTRONICS INC COMMON STOCK TWD10.01.34%6,000$325K154
013ASXASE TECHNOLOGY HOLDING ADR ADR0.92%5,547$222K40
014HHPD.LHON HAI PRECISION GDR REG S GDR0.82%12,558$199K2
015IBNICICI BANK LTD SPON ADR ADR0.79%6,747$190K49

Showing 1–15 of 288 holdings

TEMR Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

TEMR$9,754
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. TEMR $9,754. SPY $10,415. Use the arrow keys to read each point.$8,416$9,508$10,601Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

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.

Trailing total return for TEMR. Periods over one year show the average yearly return.
PeriodTEMR
Year to dateFund launched this year—
1 month+3.2%
3 months−2.5%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for TEMR
YearReturn barTEMR
2026 YTD+21.9%

History from Mar 12, 2026

TEMR in the news

TEMR Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Mar 2026. No distributions yet.

TEMR Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Mar 2026; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Mar 2026; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
—
Launched Mar 2026; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
1.45
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

TEMR Cost

Expense ratio0.40%
  • The middle half of Emerging Markets Active Equity funds
  • Median 0.65%

6 of the 27 Emerging Markets Active Equity funds charge less.

TEMR costs $40.00 a year on $10,000. The median Emerging Markets Active Equity fund costs $65.00.