T. Rowe Price Technology ETF

T. Rowe Price Technology ETF (TTEQ) is an actively managed fund, meaning managers pick the stocks rather than track an index. It buys what it calls enduring technology companies, and as of June 30, 2026 its largest holdings were chip companies such as NVIDIA, AMD and Intel. The fund is nondiversified, and its top 10 holdings made up about 51% of assets. Its 0.63% expense ratio is above the 0.44% average for similar funds.

• Over the year to Oct 27, 2026, TTEQ returned +20.3%, 2nd of 9 among similar funds.
• Its worst full calendar year was 2025 (+24.3%); its best was 2025 (+24.3%).
• The deepest fall in its price history was 27% (Feb 14, 2025 to Apr 8, 2025), recovered by Jun 24, 2025.

As of Jun 30, 2026, the fund held 73 securities; the ten largest made up 50.85% of assets.

By sector

• Over the three months to Jun 30, 2026, investors added a net $152.5M (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +24.16%, +17.51%, +1.23%.

T. Rowe Price Technology ETF is actively managed, so it does not track an index. Its managers pick the stocks and decide how much of each to hold. The fund normally puts at least 80% of its net assets into companies expected to earn most of their revenue from technology, or whose edge over rivals rests mainly on their technology.

The managers look for what they call “enduring” technology companies: businesses they expect to succeed for many years through technology. Picks rest on fundamental research, a close look at each company's business prospects, whether its stock price looks reasonable, and how much it could rise. The fund leans toward large, established firms but can buy small and newly public companies, plus firms that benefit from technology without selling it. Most holdings are U.S. stocks, though foreign and emerging-market companies are allowed.

The fund is nondiversified, meaning it can put more money into one company than a diversified fund may. As of June 30, 2026, it had 73 holdings, and the 10 largest made up about 51% of assets, led by NVIDIA (9.7%), Advanced Micro Devices (7.7%) and Intel (5.9%). U.S. companies were 72% of assets. Turnover, the share of holdings replaced over a year, was 29% in the prospectus filed February 25, 2026.

• TTEQ charges 0.63% a year, versus an average of 0.44% for the similar funds below (8th of 9, cheapest first).
• Using the prospectus's standard example, $10,000 invested would cost about $64 in the first year and $786 over 10 years (assuming a 5% annual return).

It is a concentrated, actively managed tech fund that swung about twice as much as the market and pays no income, so it fits best as a small add-on to a broad core.

TTEQ could add focused exposure to technology growth, especially chip stocks, alongside a broad core fund. It launched on October 23, 2024, so it has no record for the 2008, 2020 or 2022 downturns. Its only full calendar year, 2025, returned 24.26%. That gain hid a rough stretch: from February 14 to April 8, 2025, the fund fell 27%. It recovered by June 24, 2025, about 2.5 months later. Over the year to October 27, 2026, its beta was 2.01, meaning it moved about twice as much as the market. A retiree who had to sell during a slump like spring 2025 would have locked in losses. The fund recorded no distributions, so it provides no income. In the SEC's standard example, its 0.63% expense ratio costs $64 in the first year on $10,000. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.