T. Rowe Price Value ETF
$42.58−0.17 (−0.40%)
- Expense ratio
- 0.33%
- Fund size
- $1.1B
- 1Y return
- +27.3%
- Yield · Last 12 months
- 0.95%
- Holdings
- 148
- Volume · 30D
- 0.1M sh
- NAV per share
- $42.90
- 52W range
The ETF.net TVAL Grade
Score 70 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 81Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 66Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 54Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 77Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 66Category rank
Our read on TVAL
AT. Rowe Price's value discipline in an ETF wrapper since 2023: roughly 150 hand-picked large-cap names judged undervalued on multiple financial measures, benchmarked to the Russell 1000 Value, at about half the fee of the typical active equity ETF.
The fund seeks long-term capital appreciation through an actively managed portfolio primarily invested in common stocks.
Why people hold it
- 0.33% a year, roughly half the median for active US equity ETFs. Real stock picking without the classic active price tag.troweprice.com
- Genuine conviction, not closet indexing: about 150 large-cap, value-oriented stocks chosen by fundamental research, measured against the Russell 1000 Value.troweprice.com
- Sits in the top tier of a peer group of hundreds of active US equity ETFs, one of the stronger all-round builds in a crowded aisle.
Worth knowing
- Cheap for an active fund, not cheap outright. Systematic peers like DFAU (0.12%) and AVLC (0.15%) cover US equity for less than half the cost.
- Launched in 2023, so the ETF's own record is short next to the long-running value funds it competes with.troweprice.com
- Built for long-term capital growth, not a paycheck: distributions are annual, and the fund discloses that part of a payout can be return of capital.
TVAL Holdings
- Stocks
- 148
- 30%
- AMZN.NE
Sectors
- Technology21.9%
- Financials18.9%
- Health Care13.2%
- Consumer Discr.10.2%
- Industrials9.9%
- Energy7.3%
- Cons. Staples6.5%
- Utilities3.9%
- Materials3.4%
- Real Estate2.6%
- Communication2.4%
Geography
- United States94.39%
- United Kingdom1.75%
- Switzerland1.62%
- Ireland0.92%
- France0.67%
- Taiwan0.26%
- Germany0.24%
- Canada0.14%
TVAL 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 | TVAL |
|---|---|
| Year to date | +21.4% |
| 1 month | −0.8% |
| 3 months | +2.5% |
| 1 year | +27.3% |
| 3 years | +20.6% |
| 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 | TVAL |
|---|---|---|
| 2026 YTD | +21.4% | |
| 2025 | +15.6% | |
| 2024 | +14.5% | |
| 2023 | +8.3% |
TVAL in the news
ETF.net Research hasn’t filed on TVAL yet — coverage lands here as it’s written.
TVAL Dividends
- 0.95%
- $0.41
- $0.41 per share
- Annual
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 23, 2025 | Dec 26, 2025 | $0.41 |
| Dec 23, 2024 | Dec 26, 2024 | $0.36 |
| Dec 20, 2023 | Dec 26, 2023 | $0.17 |
TVAL Risk
- 12.1%
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.
- 1.20
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.
- −14.8%
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.
- 0.79
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TVAL Cost
- The middle half of US Active Contrarian Value funds
- Median 0.54%
1 of the 8 US Active Contrarian Value funds charge less.