TEQI - AI Analysis

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T. Rowe Price Equity Income ETF (TEQI)

Rating:69Neutral

Price Target:

$48.00

The overall rating of the T. Rowe Price Equity Income ETF (TEQI) suggests it is a solid investment option with a mix of strengths and challenges. Alphabet (GOOGL) stands out as a key contributor to the fund's rating, driven by its strong financial performance and growth in AI and cloud services, which bolster its market position. However, Boeing (BA) is a weaker holding, with persistent financial challenges and unattractive valuation metrics, which may have slightly weighed on the ETF's overall score. Investors should note the fund's exposure to diverse sectors, which helps mitigate risks but also includes holdings with varying levels of performance.

Positive Factors

Strong Top Holdings

Several major holdings, such as Citigroup, L3Harris Technologies, and Alphabet, have delivered strong year-to-date performance, supporting the ETF's overall returns.

Sector Diversification

The ETF is spread across multiple sectors, including Financials, Health Care, and Industrials, reducing reliance on any single industry.

Steady Asset Growth

The fund has a healthy level of assets under management, indicating investor confidence and stability.

Negative Factors

High Geographic Concentration

The ETF is heavily focused on U.S. companies, with minimal exposure to international markets, limiting global diversification.

Mixed Holding Performance

Some holdings, such as Metlife, have underperformed year-to-date, which could weigh on overall returns.

Moderate Expense Ratio

The ETF's expense ratio is higher than many low-cost alternatives, which could reduce net returns over time.

TEQI vs. SPDR S&P 500 ETF (SPY)

AUM342.35M

RegionGlobal

Expense Ratio0.54%

Beta0.71

IssuerT. Rowe Price

Inception DateAug 04, 2020

Dividend Yield1.65%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume12,078

30 Day Avg. Volume12,543

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

50.29

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering124

TEQI Summary

The T. Rowe Price Equity Income ETF (TEQI) is an investment fund focused on large-cap companies that pay dividends, making it a good choice for investors seeking both growth and steady income. It includes well-known companies like JPMorgan Chase and Alphabet (Google), and covers a variety of sectors such as financials, healthcare, and technology. This ETF is designed for those who want a mix of stability and income, as it targets mature businesses with strong fundamentals. However, new investors should note that its performance can fluctuate with the overall stock market, which means returns are not guaranteed.

How much will it cost me?The T. Rowe Price Equity Income ETF (TEQI) has an expense ratio of 0.54%, which means you’ll pay $5.40 per year for every $1,000 invested. This is higher than the average for ETFs because it is actively managed, meaning professional managers are selecting stocks rather than tracking an index.

What would affect this ETF?TEQI's focus on large-cap companies with strong fundamentals and dividend-paying track records could benefit from stable economic growth and favorable interest rate environments, which often support income-generating investments. However, challenges such as rising interest rates or sector-specific risks, particularly in financials and healthcare, could negatively impact the ETF's performance. Global economic uncertainty or regulatory changes affecting its top holdings, like Southern Co or JPMorgan Chase, may also pose risks.

TEQI Top 10 Holdings

The T. Rowe Price Equity Income ETF (TEQI) leans heavily into large-cap financial stocks, with names like JPMorgan Chase and Citigroup playing pivotal roles in its performance. While Citigroup has been a rising star thanks to strong revenues, JPMorgan’s recent struggles with credit costs have held it back. The fund also taps into technology with Alphabet, which has been steadily climbing on the back of AI and cloud growth, while Qualcomm’s mixed performance reflects challenges in its Apple revenue stream. Overall, TEQI’s global focus and dividend-paying strategy offer stability, but its reliance on financials adds a layer of sector concentration.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
SO	Southern Co	2.18%	$7.45M	$102.87B	4.64%	66 Neutral
QCOM	Qualcomm	2.11%	$7.20M	$192.78B	8.00%	78 Outperform
MET	Metlife	2.10%	$7.17M	$52.08B	-4.92%	71 Outperform
SCHW	Charles Schwab	1.86%	$6.37M	$171.74B	30.55%	70 Outperform
BA	Boeing	1.86%	$6.36M	$161.50B	38.43%	54 Neutral
JPM	JPMorgan Chase	1.86%	$6.34M	$840.08B	36.14%	70 Outperform
C	Citigroup	1.81%	$6.18M	$182.47B	56.73%	67 Neutral
	―	1.77%	$6.07M	―	―	―
GOOGL	Alphabet Class A	1.72%	$5.87M	$3.32T	57.63%	82 Outperform
LHX	L3Harris Technologies	1.67%	$5.72M	$53.67B	17.26%	75 Outperform

TEQI Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

43.65

Negative

100DMA

42.98

Positive

200DMA

41.89

Positive

Market Momentum

MACD

0.10

Negative

RSI

47.17

Neutral

STOCH

65.99

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TEQI, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 43.79, equal to the 50-day MA of 43.65, and equal to the 200-day MA of 41.89, indicating a neutral trend. The MACD of 0.10 indicates Negative momentum. The RSI at 47.17 is Neutral, neither overbought nor oversold. The STOCH value of 65.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TEQI.

TEQI Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
TEQI	―	―	$342.35M	0.54%	69 Neutral
TGRW	―	―	$928.31M	0.52%	77 Outperform
FFLC	―	―	$908.09M	0.38%	73 Outperform
FHEQ	―	―	$578.11M	0.48%	74 Outperform
FFLG	―	―	$516.73M	0.38%	76 Outperform
PCGG	―	―	$196.37M	0.85%	75 Outperform

Performance Comparison

TEQI

T. Rowe Price Equity Income ETF

43.54

2.83

6.95%

TGRW

T. Rowe Price Growth Stock ETF

―

FFLC

Fidelity Fundamental Large Cap Core ETF

―

FHEQ

Fidelity Hedged Equity ETF

―

FFLG

Fidelity Fundamental Large Cap Growth ETF

―

PCGG

Polen Capital Global Growth 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.

Disclaimer

This 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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