TCAF - ETF AI Analysis
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T. Rowe Price Capital Appreciation Equity ETF (TCAF)
Rating:70Outperform
Price Target:―
Positive Factors
Strong Overall Performance
The ETF has delivered solid gains so far this year and in recent months, showing good momentum.
Growth-Oriented Top Holdings
Several major positions in technology and communication stocks, such as Nvidia, Apple, Alphabet, Broadcom, and AMD, have shown strong performance and help drive returns.
Broad Sector Diversification
The fund spreads its investments across many sectors, including technology, health care, communication services, financials, consumer stocks, utilities, and more, which helps reduce reliance on any single industry.
Negative Factors
Heavy Technology Concentration
With a large portion of assets in the technology sector, the ETF is more exposed to swings in tech stocks than a more balanced fund.
Mixed Results Among Top Holdings
Some of the biggest positions, such as Microsoft, Meta Platforms, and Cencora, have shown weaker or negative performance, which can drag on overall returns.
Limited Geographic Diversification
The ETF is overwhelmingly invested in U.S. companies, offering very little exposure to other countries and their markets.
TCAF vs. SPDR S&P 500 ETF (SPY)
AUM7.88B
RegionNorth America
Expense Ratio0.31%
Beta0.89
IssuerT. Rowe Price
Inception DateJun 14, 2023
Dividend Yield0.47%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume552,377
30 Day Avg. Volume700,146
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
50.85Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering99
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TCAF Summary
TCAF is the T. Rowe Price Capital Appreciation Equity ETF, focused on large U.S. companies and managed using the firm’s own research rather than tracking a set index. It mainly invests in big, well-known businesses, especially in technology and health care. Top holdings include Microsoft and Amazon, along with other major tech names. Someone might invest in TCAF to seek long-term growth while spreading money across many strong, established companies. A key risk is that it is heavily tilted toward tech and large U.S. stocks, so its value can rise or fall sharply with that part of the market.
How much will it cost me?The TCAF ETF has an expense ratio of 0.31%, which means you’ll pay $3.10 per year for every $1,000 invested. This is slightly higher than average because it is actively managed, meaning professional managers select stocks rather than following a preset index. Active management often leads to higher costs due to research and decision-making efforts.
What would affect this ETF?The TCAF ETF, with its strong focus on large-cap U.S. companies, could benefit from continued growth in the technology sector, which makes up a significant portion of its holdings, especially with major players like Microsoft, Nvidia, and Apple leading innovation. However, it may face challenges if interest rates rise, as this could pressure valuations in growth-oriented sectors like tech and consumer cyclical, or if regulatory changes impact large-cap companies. Economic conditions in the U.S., such as inflation or recession risks, could also influence the ETF's performance positively or negatively.
TCAF Top 10 Holdings
TCAF is leaning heavily on U.S. Big Tech and AI, with Nvidia, Microsoft, Apple, Alphabet, and Amazon forming the core engine of the fund. Nvidia and Apple have been rising over the past few months, helping to pull performance forward, while Microsoft and Meta look a bit tired lately and have been more of a drag. To balance that tech-heavy tilt, the fund leans on steadier names like CenterPoint Energy, NiSource, and Keurig Dr Pepper, which have been quietly climbing and helping smooth out the ride in this largely U.S.-focused portfolio.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Amazon | 5.62% | $445.48M | $2.63T | 0.62% | 71 Outperform | |
| Nvidia | 5.60% | $444.15M | $5.13T | 20.16% | 76 Outperform | |
| Microsoft | 5.57% | $441.66M | $2.90T | -25.31% | 79 Outperform | |
| Apple | 4.50% | $356.59M | $4.79T | 50.48% | 79 Outperform | |
| Meta Platforms | 4.17% | $330.85M | $1.59T | -15.21% | 76 Outperform | |
| Alphabet Class A | 4.16% | $329.75M | $4.16T | 65.32% | 85 Outperform | |
| Broadcom | 4.03% | $319.48M | $1.89T | 35.94% | 76 Outperform | |
| Centerpoint Energy | 3.10% | $245.45M | $28.57B | 16.89% | 63 Neutral | |
| Cencora | 2.62% | $208.13M | $58.48B | 5.03% | 70 Neutral | |
| Advanced Micro Devices | 2.51% | $199.37M | $900.63B | 232.90% | 73 Outperform |
TCAF Technical Analysis
Neutral
―
Price Trends
40.72
Positive
39.17
Positive
38.63
Positive
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TCAF, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 41.31, equal to the 50-day MA of 40.72, and equal to the 200-day MA of 38.63, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TCAF.
TCAF Peer Comparison
Comparison Results
Performance Comparison
TCAF
T. Rowe Price Capital Appreciation Equity ETF
40.81
4.37
11.99%
FELC
Fidelity Enhanced Large Cap Core ETF
―
―
―
DIVO
Amplify CWP Enhanced Dividend Income ETF
―
―
―
GPIQ
Goldman Sachs Nasdaq 100 Core Premium Income ETF
―
―
―
GPIX
Goldman Sachs S&P 500 Core Premium Income ETF
―
―
―
HELO
JPMorgan Hedged Equity Laddered Overlay ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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