---
ticker: "THEQ"
name: "T. Rowe Price Hedged Equity ETF"
url: "https://etf.net/etf/THEQ"
grade: "C"
score: 45
graded_at: "2026-10-12"
category: "US Active Equity"
category_rank: "70 of 127"
methodology: "https://etf.net/methodology"
---

# THEQ: T. Rowe Price Hedged Equity ETF

Grade **C**, Score 45 of 100. Rank 70 of 127 in US Active Equity.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 44 | 71 of 127 |
| Mission | Not scored | — |
| Risk | 72 | 14 of 126 |
| Tradability | 38 | 90 of 127 |
| Holdings | 26 | 119 of 124 |
| Durability | 39 | 96 of 127 |

## Top holdings

The fund holds 118 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | TSPA | T Rowe Price Us Equity Researc T Rowe Price Us Eqy Research | 77.85% |
| 2 | — | Us 10YR Note (CBT)DEC26 Xcbt 20261221 | 11.97% |
| 3 | — | Cash/Cash equivalent USD | 7.37% |
| 4 | — | Treasury Bill 10/26 0.00000 | 0.32% |
| 5 | MSFT.NE | Microsoft Corp Common Stock USD.00000625 | 0.26% |
| 6 | CSCO | Cisco Systems Inc Common Stock USD.001 | 0.26% |
| 7 | MSI | Motorola Solutions Inc Common Stock USD.01 | 0.25% |
| 8 | MCK | Mckesson Corp Common Stock USD.01 | 0.24% |
| 9 | CB | Chubb Ltd Common Stock | 0.24% |
| 10 | NVDA.NE | NVIDIA Corp Common Stock USD.001 | 0.23% |
| 11 | GILD | Gilead Sciences Inc Common Stock USD.001 | 0.21% |
| 12 | MA.BA | Mastercard Inc A Common Stock USD.0001 | 0.21% |
| 13 | V.BA | Visa Inc Class A Shares Common Stock USD.0001 | 0.19% |
| 14 | CL | Colgate Palmolive Co Common Stock USD1.0 | 0.19% |
| 15 | PG | Procter & Gamble Co/The Common Stock | 0.19% |
| 16 | PM | Philip Morris International Common Stock | 0.18% |
| 17 | KO.BA | Coca Cola Co/The Common Stock USD.25 | 0.18% |
| 18 | APH | Amphenol Corp Class A Common Stock USD.001 | 0.18% |
| 19 | TDY | Teledyne Technologies Inc Common Stock USD.01 | 0.17% |
| 20 | NOW | Servicenow Inc Common Stock USD.001 | 0.17% |
| 21 | COR | Cencora Inc Common Stock USD.01 | 0.17% |
| 22 | TJX | Tjx Companies Inc Common Stock USD1.0 | 0.16% |
| 23 | MCD.BA | McDonald’s Corp Common Stock USD.01 | 0.15% |
| 24 | ALL.TA | Allstate Corp Common Stock USD.01 | 0.15% |
| 25 | XOM.MX | Exxonmobil Holdings Corp Common Stock | 0.15% |
| 26 | WELL | Welltower Inc Reit USD1.0 | 0.15% |
| 27 | MRK | Merck & Co. Inc. Common Stock USD.5 | 0.14% |
| 28 | FFIV | F5 Inc Common Stock | 0.14% |
| 29 | JNJ | Johnson & Johnson Common Stock USD1.0 | 0.14% |
| 30 | EOG | Eog Resources Inc Common Stock USD.01 | 0.13% |

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