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TMSL - ETF AI Analysis
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T. Rowe Price Small-Mid Cap ETF (TMSL)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Leading Holdings Performing Well
Several of the largest positions, including technology and industrial names, have delivered strong year-to-date gains that support the fund’s overall returns.
Broad Sector Diversification
Holdings spread across technology, industrials, financials, health care, and other sectors help reduce the impact of weakness in any single industry.
Negative Factors
Higher Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which can modestly reduce net returns over time.
Heavy U.S. Concentration
With almost all assets in U.S. companies, the ETF offers very limited geographic diversification and is highly tied to the U.S. market.
Some Lagging Top Holdings
A few of the largest positions have shown weak or negative year-to-date performance, which can drag on the fund if those stocks do not recover.
TMSL vs. SPDR S&P 500 ETF (SPY)
AUM1.54B
RegionNorth America
Expense Ratio0.55%
Beta1.03
IssuerT. Rowe Price
Inception DateJun 15, 2023
Dividend Yield0.56%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume420,212
30 Day Avg. Volume327,198
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
45.80Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering273
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TMSL Summary
T. Rowe Price Small-Mid Cap ETF (TMSL) invests mainly in small and mid-sized U.S. companies across many sectors, without tracking a specific index but aiming to capture the “extended market” beyond the biggest blue-chip stocks. It holds businesses like SanDisk Corp and Tenet Healthcare, giving investors exposure to firms that may still be in earlier, faster-growing stages. Someone might consider this ETF for growth potential and diversification away from only large, well-known companies. A key risk is that smaller companies can be more volatile, so the share price can move up and down more sharply than the overall market.
How much will it cost me?The T. Rowe Price Small-Mid Cap ETF (TMSL) has an expense ratio of 0.55%, which means you’ll pay $5.50 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, meaning professional managers select investments rather than tracking a passive index.
What would affect this ETF?The T. Rowe Price Small-Mid Cap ETF (TMSL) could benefit from economic growth and innovation in sectors like technology and health care, which are heavily represented in its holdings. However, it may face challenges from rising interest rates or economic slowdowns, which can negatively impact smaller companies and more volatile industries such as consumer cyclical and financials. Additionally, its U.S.-focused exposure makes it sensitive to domestic regulatory changes and market conditions.
TMSL Top 10 Holdings
TMSL is leaning into U.S. small- and mid-cap growth stories, with a noticeable tilt toward tech and industrial innovators. Lattice Semiconductor and MKS Instruments are doing much of the heavy lifting, riding strong momentum in chips and advanced manufacturing tools. TechnipFMC adds an energy kicker, also trending higher and giving the fund a cyclical boost. Tenet Healthcare and Popular are steady contributors from health care and regional banking, while more mixed names like Middleby keep returns from being a straight uphill climb. Overall, performance is being driven by a handful of rising, tech-tilted winners.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Tenet Healthcare | 1.38% | $21.70M | $19.54B | 88.04% | 74 Outperform | |
| SanDisk Corp | 1.27% | $20.04M | $91.34B | 1177.50% | 55 Neutral | |
| TechnipFMC | 1.27% | $19.96M | $25.01B | 135.92% | 80 Outperform | |
| Teledyne Technologies | 1.20% | $18.85M | $29.94B | 34.42% | 71 Outperform | |
| Popular | 1.15% | $18.16M | $8.52B | 49.00% | 77 Outperform | |
| APi Group | 1.15% | $18.07M | $17.76B | 71.11% | 79 Outperform | |
| The Middleby | 1.05% | $16.55M | $6.84B | -1.83% | 61 Neutral | |
| Corpay Inc | 0.91% | $14.32M | $21.88B | -2.09% | 75 Outperform | |
| Permian Resources | 0.90% | $14.23M | $15.95B | 47.49% | 81 Outperform | |
| Fabrinet | 0.89% | $14.07M | $18.37B | 129.28% | 78 Outperform |
TMSL Technical Analysis
Negative
―
Price Trends
38.15
Negative
36.78
Negative
35.17
Positive
Market Momentum
-0.48
Positive
32.66
Neutral
17.45
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TMSL, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 38.39, equal to the 50-day MA of 38.15, and equal to the 200-day MA of 35.17, indicating a neutral trend. The MACD of -0.48 indicates Positive momentum. The RSI at 32.66 is Neutral, neither overbought nor oversold. The STOCH value of 17.45 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TMSL.
TMSL Peer Comparison
Comparison Results
Performance Comparison
TMSL
T. Rowe Price Small-Mid Cap ETF
36.29
5.66
18.48%
QQQI
NEOS Nasdaq 100 High Income ETF
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CGUS
Capital Group Core Equity ETF
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JMEE
JPMorgan Market Expansion Enhanced Equity ETF
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CGMM
Capital Group U.S. Small and Mid Cap ETF
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SMIG
AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF
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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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