TACU vs XLSR

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

XLSRCState Street US Sector Rotation 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.

XLSR Sector timing, outsourced. State Street's Investment Solutions Group tilts toward and away from the S&P 500's GICS sectors using quant signals plus human judgment, typically rebalancing monthly, all inside one US large-cap ticker.

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.

XLSR The fund seeks capital appreciation through active sector rotation. It uses quantitative and qualitative analysis to adjust sector exposures and typically rebalances monthly.

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

• XLSR State Street's Investment Solutions Group sets the sector over- and underweights using quantitative signals plus judgment, typically rebalancing monthly. The rotation call, in one ticker.ssga.comssga.com 2
• It dials active risk up and down against the S&P 500 rather than swinging all-in on one sector, so it still behaves like a US large-cap core position.ssga.com
• Running since 2019, a multi-billion-dollar fund that trades with reasonable ease and sits in the upper half of a very crowded active US equity field.

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.

• XLSR 0.70% a year is above the typical active US equity fund and multiples of systematic peers like DFAU (0.12%) and FELC (0.18%). Active judgment carries a price tag.
• A couple dozen positions means a handful of sector calls drive the outcome, and results can drift well away from the S&P 500 in either direction.
• The stated goal is capital appreciation, not income. Distributions arrive quarterly and are a byproduct of whatever the underlying sectors happen to pay.

Full TACU profile⁠

Full XLSR profile⁠