SNAV vs TACU

SNAVDMohr Sector Nav ETF

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

In short

SNAV Eleven sectors make up the S&P 500, and this active fund tries to hold only the ones its model favors. A boutique rotation strategy that costs 1.59% a year, with no fee waiver in place.

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

SNAV The Fund seeks capital appreciation through an actively managed, tactical strategy that allocates among industry sectors associated with the S&P 500 Index.

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

• SNAV Rotation instead of owning everything: the adviser tactically allocates across the 11 sectors in the S&P 500, so sector weights can sit far from a plain index fund's.sec.gov
• You outsource the sector calls. One ticker does the work of shuffling a basket of sector funds yourself, with a manager deciding what gets weight.sec.gov
• Trading since January 2023, so there is a real, public live record to examine 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

• SNAV At 1.59% with no fee waiver in place, it costs more than the typical fund in its active US equity category, and far more than core peers DFAU (0.12%) and AVLC (0.15%) or active rotation peer DYNF (0.26%).
• Small and lightly traded, which can mean wider bid-ask spreads and choppier fills than a mainstream core fund.
• Its own filings frame it for investors seeking long-term growth who can tolerate full market risk and large swings in principal. It has not been paying distributions.sec.gov

• 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 SNAV profile⁠

Full TACU profile⁠