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- Upturn Summary
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- Fund Details
T. Rowe Price US Equity Research ETF(TSPA)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for TSPA
09/11/2026: TSPA (3-star) is a STRONG-BUY. BUY for 25 days. Simulated Profits (-1.09%). Updated daily EoD!
TSPA is an actively managed ETF that provides exposure to U.S. large-cap equities, utilizing T. Rowe Price's established fundamental research expertise to identify high-quality investment opportunities. Its main strength lies in the potential for active management to outperform passive benchmarks by focusing on company-specific fundamentals. It is best used as a core equity component in a diversified portfolio for investors who want to balance broad market exposure with the potential for alpha generation. Key risks include standard equity market volatility and the possibility that active management may underperform the broad index over specific time horizons. It is most suitable for long-term investors who prioritize research-backed decision-making over pure passive indexing.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The fund focuses on identifying companies with strong long-term earnings potential. |
| Momentum investor | Mixed fit | While the fund looks for winners, it is fundamentally driven rather than strictly momentum-based, making the fit conditional on active selection success. |
| Value investor | Mixed fit | The strategy considers fundamental valuation, though it is not a pure value-style product. |
| Dividend/Income investor | Weak fit | The fund prioritizes total return and capital appreciation over current yield. |
| Low-risk investor | Weak fit | As an equity-heavy fund, it is subject to standard stock market volatility and is not designed for capital preservation. |
Investor Profile
Ideal Investor Profile
The ideal investor is someone seeking exposure to U.S. large-cap equities who believes in the value of active management and research-based stock selection.
Suitability
TSPA is best suited for long-term investors looking for a core equity holding that deviates slightly from index-only approaches.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | Equity investments are subject to inherent market price fluctuations. |
| Market risk | High | Broad downturns in the U.S. economy directly impact fund performance. |
| Concentration | Medium | Active management may lead to sector or stock weightings that deviate from the benchmark. |
| Tracking/expense | Low | The fund is actively managed, so tracking error versus an index is an intended outcome rather than a failure. |
| Liquidity | Low | Large-cap stocks held by the fund are generally liquid and easy to trade. |
| Business/sector quality | Medium | The fundamental research process helps manage risk by vetting the quality of individual companies. |
Risk Analysis
Volatility
TSPA maintains volatility levels consistent with the broader U.S. large-cap market.
Market Risk
As an equity fund, the primary risk is systematic market decline which would impact the holdings.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Market capitalization | Large-Cap U.S. Equities | 98.5 | This provides broad exposure to high-quality U.S. companies across diverse industries. |
| Cash/collateral | Cash and Cash Equivalents | 1.5 | Maintained to provide liquidity for daily operations and tactical adjustments. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 43.42% | Avg. Invested days 66 | Today’s Advisory Regular Buy |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 09/11/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Sep 13, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $4.49B |
| Issuer | T. Rowe Price |
| Expense Ratio | 0.33999999999999997% |
| Distribution Yield | 0.55% |
| Inception | Jun 8, 2021 |
Performance
| Period | Total Return |
|---|---|
| YTD | +11.73% |
| 1 Year | +17.36% |
| 3 Year | +21.12% |
| 5 Year | +13.29% |
| 10 Year | +0.00% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 13.76% |
| 3Y Volatility | 13.17% |
| 3Y Sharpe Ratio | 1.19 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Mega Cap | 46.30% |
| Large Cap | 35.64% |
| Mid Cap | 15.70% |
| Small Cap | 1.77% |
| Micro Cap | 0.03% |
Top Sectors
| Sector | Weight |
|---|---|
| Technology | 38.12% |
| Financial Services | 12.57% |
| Communication Services | 10.15% |
| Consumer Cyclicals | 9.32% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 20.91x |
| Portfolio P/B | 4.78x |
| Portfolio P/S | 3.59x |
| Holdings Turnover | 42.2% |
Top Holdings
| Holding | Weight |
|---|---|
| Apple | 7.69% |
| NVIDIA | 7.68% |
| Microsoft | 5.42% |
| Amazon | 4.21% |
| Alphabet Class C | 3.43% |
Upturn AI Summary
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.
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