T. Rowe Price Small Cap ETF
TSEE
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- T. Rowe Price Small-Cap ETF (TSEE) is a newly launched, actively managed exchange-traded fund sponsored by T. Rowe Price Associates, Inc., an investment management firm headquartered in Baltimore, Maryland, with operations serving U.S. financial intermediary and institutional clients through a broad lineup of active ETFs across equity, fixed income, multi-asset, sector, thematic, and digital-asset strategies. Established in 2026, the fund seeks long-term capital growth by investing at least 80% of net assets in securities of small-cap companies and primarily in common stocks, while maintaining a diversified, blended approach that may include growth- and value-oriented characteristics and, at times, foreign stocks. The ETF is listed on Nasdaq, charges a management fee and total annual fund operating expenses of 0.59%, and is managed by T. Rowe Price Investment Management, Inc., with Alex Roik serving as portfolio manager. In September 2026, T. Rowe Price expanded its ETF platform by launching TSEE alongside two other fully transparent active equity ETFs, marking a significant recent strategic addition to its active ETF lineup. The fund’s investment approach emphasizes active fundamental research and broad small-cap exposure, typically holding 200 or more stocks, and is designed to provide diversified access to the U.S. small-cap equity market.