CBSE vs TACU

CBSEDClough Select Equity ETF

TACUAT. Rowe Price Active Core U.S. Equity ETF

In short

CBSE A hand-picked active equity fund with an unusual triple job: current income, capital growth, and preservation of principal. Small, thinly traded, and priced like a manager you hire rather than an index you rent.

TACU T. Rowe Price's quant-plus-fundamental take on core large-cap U.S. stock, benchmarked to the Russell 1000. Gross fee 0.14%, fully waived to zero through January 30, 2027.

Stated mandate

CBSE The Fund seeks current income, capital growth, and preservation of principal.

TACU The fund seeks long-term capital growth through a primarily U.S. equity portfolio. It combines quantitative models with fundamental, bottom-up analysis and seeks excess returns relative to the Russell 1000 Index.

Why people hold it

• CBSE Genuinely active: the managers buy individual names screened for above-average financial characteristics, undervaluation or growth potential, instead of mirroring an index.
• One mandate, three jobs. The stated objective pairs current income and capital growth with preservation of principal, an unusual combination to write into a single equity fund.
• What is inside the portfolio is the strongest part of the package, holding up better than the fund's cost or risk profile.
• Trading since 2020, so there is live history to judge rather than a backtest.

• TACU Fee fully waived: 0.14% gross, zero net through January 30, 2027. That sits below every top-scoring peer in the category, including DFAU at 0.12% with no waiver.troweprice.com
• Quant models feed bottom-up stock picking with tilts to profitability, quality and value, chasing excess return over the Russell 1000 while holding tracking error tight.troweprice.com
• Several hundred large-cap names, so no single position runs the show. One of the stronger profiles in a crowded active U.S. equity field.troweprice.com

Worth knowing

• CBSE At 0.85% a year, it prices above the typical active US equity ETF and many times index-style rivals like DFAU (0.12%) and FELC (0.18%), leaving it in the group's lower tier on cost.
• It is a small fund that does not trade much, so spreads can widen and limit orders matter more than with a mega-cap index ETF.
• Despite the income language in the objective, distributions land once or twice a year rather than monthly.

• TACU Launched in December 2025, so the live record is short and the risk read rests on limited history.
• Still a small fund that trades lightly, which can mean wider spreads than the category's giants.
• Distributions are annual at most, with no declared income target. This is a growth mandate, not a cash-flow one.

Full CBSE profile⁠

Full TACU profile⁠