DUKQ vs TACU

DUKQDOcean Park Domestic ETF

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

In short

DUKQ A tactical fund of funds: it holds unaffiliated US equity ETFs and can step back into cash equivalents. One ticker, aiming at total return with a brake on downside exposure.

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

DUKQ The Fund seeks total return while limiting downside exposure. It uses an actively managed, tactical allocation among unaffiliated U.S. equity ETFs and cash equivalents.

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

• DUKQ The mandate is unusual for a US equity product: it can shift into cash equivalents, so the manager is not locked into staying fully invested through a slide.
• You get a basket of other issuers' ETFs, not in-house product, so the underlying picks come from the whole market.
• Plain 1940 Act ETF plumbing: daily liquidity, no K-1 at tax time, cash paid out quarterly.

• 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

• DUKQ Costs 0.98% a year, above the typical active US equity ETF, and well above index-style rivals such as DFAU at 0.12%.
• Thinly traded and small, which usually means wider spreads than the household names in this category.
• Launched in 2024, so the tactical calls have a short record, and time spent in cash means it can lag a market that keeps climbing.

• 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 DUKQ profile⁠

Full TACU profile⁠