THEQ — T. Rowe Price Hedged Equity ETF
T. Rowe Price Hedged Equity ETF (THEQ)
THEQ pays a 0.48% distribution rate, on a 0.46% expense ratio. Its Distribution Safety Score™ is 50 (Caution). Total return is 23.4% over the past 1.4 years, 15.4 points behind SPY at 38.8%. Its deepest 1-year drawdown was 6.2%.
T. Rowe Price Hedged Equity ETF is an ETF that combines a long equity strategy—primarily through exposure to other T. Rowe Price ETFs including the U.S. Equity Research ETF—with derivatives hedging designed to reduce portfolio volatility and provide downside protection during market declines. The fund has a modest current distribution rate and carries an expense ratio of 0.46%. It may appeal to equity investors seeking a less volatile exposure to stock market performance, particularly those interested in downside protection during market stress.
THEQ key facts
- Distribution Safety Score™
- 50 · Caution
- Issuer
- T. Rowe Price
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 03/26/2025
- Expense ratio
- 0.46%
- Distribution rate
- 0.48%
- Trailing yield
- 0.73%
- Last close
- $30.59
- AUM
- $38,895,122
- Average volume
- 919.0
- Last dividend
- $0.2220
- Ex-dividend date
- 12/23/2025
- Payment date
- 12/26/2025
- Beta
- 0.7013
- P/E ratio
- 26.8367
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