ATLAST. Rowe Price U.S. Equity Research ETF (TSPA): outlook, holdings and fees
T. Rowe Price U.S. Equity Research ETF (TSPA) is an exchange-traded fund and is managed by T. Rowe Price. The expense ratio is 0.32% and the yield is 0.53%. The ten largest holdings are 38% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on TSPA
| Last price | $47.95 (+0.9%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 56% |
| Likely 1-month range (50%) | $47.01 – $49.40 |
| Normal 1-day range (±1σ) | ±0.8% |
| Distribution yield | 0.53% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
TSPA fund facts
| Issuer | T. Rowe Price |
|---|---|
| Theme | US large caps |
| Assets under management | $4.7B |
| Expense ratio | 0.32% |
| Number of holdings | 50 |
| Portfolio turnover | 43% |
| Inception | Jun 8, 2021 |
| Exchange | NYSE |
The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in U.S. equity securities. The advisor attempts to create a portfolio with similar characteristics to the Standard & Poor"s 500 Stock Index® (index) with the potential to provide excess returns relative to the index. The fund will generally remain fully invested (less than 5% in cash reserves) and seeks to be sector neutral when compared to the index. The fund is non-diversified.
TSPA top holdings
| Holding | Sector | Weight |
|---|---|---|
| NVIDIA Corporation NVDA | Technology | 7.87% |
| Apple Inc. AAPL | Technology | 7.02% |
| Microsoft Corporation MSFT | Technology | 5.57% |
| Amazon.com Inc AMZN | Consumer Cyclical | 4.06% |
| Alphabet Inc Class C GOOG | Communication Services | 3.19% |
| Broadcom Inc AVGO | Technology | 2.52% |
| Alphabet Inc Class A GOOGL | Communication Services | 2.41% |
| Meta Platforms Inc. META | Communication Services | 2.14% |
| Micron Technology Inc MU | Technology | 1.70% |
| Tesla Inc TSLA | Consumer Cyclical | 1.42% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
TSPA sector breakdown
| Sector | Weight |
|---|---|
| Technology | 38.5% |
| Financial Services | 12.9% |
| Communication Services | 9.9% |
| Healthcare | 9.6% |
| Consumer Cyclicals | 8.8% |
| Industrials | 7.3% |
| Consumer Defensive | 4.4% |
| Energy | 3.6% |
| Utilities | 2.0% |
| Basic Materials | 1.8% |
| Real Estate | 1.5% |
By region: North America 99.1%, Europe Developed 0.5%, United Kingdom 0.2%, Asia Emerging 0.2%, Latin America 0.1%.
TSPA returns and risk
| Year to date | +14.9% |
|---|---|
| 1 year | +17.3% |
| 3 years (annualised) | +24.6% |
| 5 years (annualised) | +14.1% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 12.6% |
| Sharpe ratio (3 years) | 1.37 |
Past returns do not guarantee future results.
TSPA: frequently asked questions
What does TSPA invest in?
T. Rowe Price U.S. Equity Research ETF invests in a portfolio of securities. Its largest holdings are NVIDIA Corporation (7.9%), Apple Inc. (7.0%), Microsoft Corporation (5.6%), Amazon.com Inc (4.1%), Alphabet Inc Class C (3.2%).
What is the TSPA expense ratio?
0.32% a year: about $32.00 for every $10,000 invested.
What is the TSPA dividend yield?
0.53%. ATLAS does not hold the exact distribution dates for ETFs.
Will TSPA go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 56%, with a likely range (50%) of $47.01 to $49.40 from $47.95 today. It is a probability, not a prediction.
How has TSPA performed?
Year to date +14.9%, one year +17.3%, three years +24.6% a year, five years +14.1% a year. Past returns do not guarantee future results.
Similar ETFs: US large caps
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Educational information, not investment advice. Disclaimer