TACU vs USFE

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

USFECFirst Eagle US Equity ETF

In short

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.

USFE First Eagle built its name buying resilient businesses only at a discount to what they are worth. USFE puts that margin-of-safety discipline on US stocks, priced below most active rivals.

Stated mandate

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.

USFE The Fund seeks long-term growth of capital.

Why people hold it

• 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

• USFE Costs 0.45% a year, well under the 0.65% median for active US equity funds in its peer group. Cheap freight for a stockpicker.
• Runs First Eagle's signature playbook: resilient companies with strong balance sheets and prudent management, bought only at a "margin of safety" to estimated intrinsic value.firsteagle.com
• A fully active, transparent 1940 Act fund whose stated goal is long-term growth of capital, extending an ETF lineup the firm started in late 2024.firsteagle.com

Worth knowing

• 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.

• USFE Launched in 2026, still small and thinly traded. Little live history to judge, and spreads can run wider than on a big index fund.
• The 0.45% is net of a contractual expense cap; the stated management fee is 0.79%. Check the current prospectus for how long the waiver runs.sec.govsec.gov 2
• Broad rivals like DFAU (0.12%) and AVLC (0.15%) cost a third as much. Here you pay for stockpicking and a value tilt that moves differently from the market.

Full TACU profile⁠

Full USFE profile⁠