- CEO
- Andrew W. Tang
- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 1307 Point Street Baltimore MD United States of America 21231
- IPO Date
- Dec 11, 2025
- Business
- T. Rowe Price Exchange-Traded Funds, Inc. is a Maryland-based investment company that serves as the issuer for a suite of actively managed exchange-traded funds under the T. Rowe Price brand. Established as part of the T. Rowe Price Group, Inc. family, with headquarters in Baltimore, Maryland, the company focuses on providing institutional and retail investors access to professionally managed equity, fixed income, and multi-asset strategies through ETFs traded on major U.S. exchanges. Its core offerings include the T. Rowe Price Active Core International Equity ETF (ticker: TACN), which invests primarily in international developed market equities excluding the U.S. and Canada, emphasizing large- and mid-cap companies with strong growth potential and quality characteristics; additional flagship products such as equity ETFs targeting U.S. large-cap growth, small-cap value, and dividend-focused strategies, alongside fixed income ETFs covering short-duration, corporate bond, and emerging markets debt portfolios; and multi-asset allocation ETFs blending stocks, bonds, and alternatives for diversified risk-adjusted returns.
The company operates globally, with portfolio exposure spanning North America, Europe, Asia-Pacific, and emerging markets, targeting long-term investors including financial advisors, retirement plans, and individual portfolios seeking active management alpha over passive indexing. T. Rowe Price Exchange-Traded Funds, Inc. leverages the proprietary research and investment processes of its parent, T. Rowe Price Group, Inc., founded in 1937, to deliver differentiated performance through bottom-up stock selection, macroeconomic analysis, and risk management. Subsidiaries and affiliated entities support distribution, administration, and sub-advisory services across U.S. and international markets.
In recent developments, T. Rowe Price Exchange-Traded Funds, Inc. expanded its ETF lineup with the launch of several active bond and equity funds in 2023-2024, including enhancements to international equity strategies like TACN to incorporate ESG integration and thematic tilts toward sustainability and technology sectors. The company announced strategic partnerships with leading custodians and platforms in 2025 to broaden ETF accessibility amid growing demand for active ETFs, alongside a significant funding commitment from T. Rowe Price Group to support AUM growth exceeding $10 billion across its ETF complex. No major acquisitions or name changes have occurred, but operational shifts include increased emphasis on direct indexing hybrids and model portfolio solutions for wealth managers.