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T. Rowe Price Exchange-Traded Funds Inc. - T. Rowe Price U.S. High Yield ETF (THYF)



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Upturn Advisory Summary
08/14/2025: THYF (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type ETF | Historic Profit 17.26% | Avg. Invested days 88 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | ETF Returns Performance ![]() |
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Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 47.90 - 52.25 | Updated Date 06/29/2025 |
52 Weeks Range 47.90 - 52.25 | Updated Date 06/29/2025 |
Upturn AI SWOT
T. Rowe Price Exchange-Traded Funds Inc. - T. Rowe Price U.S. High Yield ETF
ETF Overview
Overview
The T. Rowe Price U.S. High Yield ETF (THYF) seeks to provide a high level of current income by investing primarily in U.S. dollar-denominated high-yield corporate bonds. The ETF focuses on securities rated below investment grade, commonly known as 'junk bonds'. It aims to deliver consistent income while actively managing credit risk.
Reputation and Reliability
T. Rowe Price is a well-established investment management firm with a long history and strong reputation for research-driven investing.
Management Expertise
The management team has extensive experience in fixed-income markets and credit analysis, leveraging T. Rowe Price's global resources.
Investment Objective
Goal
To provide a high level of current income.
Investment Approach and Strategy
Strategy: The ETF employs an active management strategy, selecting high-yield bonds based on fundamental research and credit analysis.
Composition Primarily composed of U.S. dollar-denominated high-yield corporate bonds.
Market Position
Market Share: Data unavailable.
Total Net Assets (AUM): Data unavailable.
Competitors
Key Competitors
- iShares Broad USD High Yield Corporate Bond ETF (USHY)
- SPDR Portfolio High Yield Bond ETF (SPHY)
- VanEck High Yield Muni ETF (HYMB)
Competitive Landscape
The high-yield ETF market is competitive, with numerous ETFs offering exposure to high-yield bonds. THYF distinguishes itself with an active management approach, aiming to outperform passive index-tracking ETFs. Competitors like USHY and SPHY offer broader diversification but lack active management, potentially leading to different risk-return profiles.
Financial Performance
Historical Performance: Historical performance data unavailable.
Benchmark Comparison: Benchmark comparison data unavailable.
Expense Ratio: 0.51
Liquidity
Average Trading Volume
Average trading volume for THYF is currently unavailable.
Bid-Ask Spread
The bid-ask spread for THYF is currently unavailable.
Market Dynamics
Market Environment Factors
Economic growth, interest rate movements, credit spreads, and investor sentiment influence THYF's performance. A strong economy generally supports high-yield bonds, while rising interest rates can negatively impact bond prices.
Growth Trajectory
Growth trends and patterns of THYF are unavailable due to data limitations.
Moat and Competitive Advantages
Competitive Edge
THYF's active management approach, backed by T. Rowe Price's research capabilities, aims to identify undervalued high-yield bonds and manage credit risk effectively. This active approach potentially allows for outperformance during periods of market volatility or credit deterioration. The fund's focus on fundamental credit analysis differentiates it from passively managed high-yield ETFs. T. Rowe Price's established reputation and experienced management team further contribute to its competitive edge.
Risk Analysis
Volatility
Volatility data unavailable.
Market Risk
THYF is subject to market risk, particularly interest rate risk and credit risk. Rising interest rates can decrease bond values, and economic downturns can increase default rates among high-yield issuers.
Investor Profile
Ideal Investor Profile
Investors seeking a high level of current income and who are comfortable with the higher risk associated with high-yield bonds. Those who believe in active management's ability to outperform a passive index in the high-yield space might also be suitable.
Market Risk
Suitable for long-term investors with a higher risk tolerance seeking income generation. Less suitable for risk-averse investors or those with short time horizons.
Summary
The T. Rowe Price U.S. High Yield ETF (THYF) provides exposure to the U.S. high-yield corporate bond market. The fund utilizes an active management strategy, aiming to deliver superior returns through fundamental credit analysis and bond selection. Given the inherent risks of high-yield bonds, this ETF is most suitable for investors with a higher risk tolerance seeking income. T. Rowe Price's expertise in fixed income provides a solid foundation for the fund's investment approach. Its success relies on effective credit risk management and security selection within the high-yield universe.
Peer Comparison
Sources and Disclaimers
Data Sources:
- T. Rowe Price
- ETF.com
- Morningstar
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investing in ETFs involves risk, including the potential loss of principal.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About T. Rowe Price Exchange-Traded Funds Inc. - T. Rowe Price U.S. High Yield ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website |
The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in U.S. high yield instruments. Most assets will typically be invested in U.S. issued instruments and U.S. dollar-denominated instruments. The fund may also invest up to 20% of its total assets in non-U.S. dollar-denominated foreign instruments.

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