T. Rowe PriceDerivative IncomeTCAL · NYSE Arca

T. Rowe Price Capital Appreciation Premium Income ETF (TCAL)

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Price: $22.35; —11 Sept 2026
Assets: $308.8M; Total net assets
Expense ratio: 0.34%; Category 0.88%
Yield: 5.27%; Trailing distributions

1Y return: 2.5%-10.7%; Category 13.3%
3Y CAGR: —; Category 15.4%
5Y CAGR: —; Category 8.9%

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T. Rowe Price Capital Appreciation Premium Income ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-2.7%	+4.0%	+3.4%	+2.8%	+2.5%	—	—	—	+3.0%
Derivative Income average	1.1%	2.8%	12.1%	7.8%	13.3%	15.4%	8.9%	8.6%	8.3%
Difference	-3.8%	+1.2%	-8.6%	-5.0%	-10.7%	—	—	—	-5.3%

Holdings

The 10 largest positions make up 17.0% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
MSFT	Microsoft Corp	1.91%
DHR	Danaher Corp	1.82%
VLTO	Veralto Corp	1.82%
MA	Mastercard Inc Class A	1.79%
ABT	Abbott Laboratories	1.72%
AMZN	Amazon.com Inc	1.69%
WAT	Waters Corp	1.66%
MSI	Motorola Solutions Inc	1.61%
MCD	McDonald's Corp	1.51%
DTE	DTE Energy Co	1.50%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 26.0
P/B: 4.2
P/S: 2.7
P/CF: 16.9

Sector allocation

Share of the equity the fund holds.

Health care23.0%
Industrials17.1%
Technology14.6%
Financial services13.8%
Utilities10.0%
Consumer staples8.8%
Consumer discretionary7.6%
Communication services2.4%
Energy1.8%
Materials0.9%

Asset mix

Stocks99.1%
Other0.9%

ETF details

Issuer: T. Rowe Price
Category: Equity · Derivative Income
Ticker: TCAL
Exchange: NYSE Arca
Inception: 26 Mar 2025 (1.5 years)
Structure: Exchange Traded Fund
Expense ratio: 0.34% (category 0.88%)
Holdings turnover: 157% (category 68%)
Distribution yield: 5.27%
Beta, 3 years: 0.00
Total net assets: $308.8M

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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