T. Rowe Price Hedged Equity ETFTHEQ

T. Rowe PriceDefined OutcomeHedged Equity#195 of 318 by YTD

$29.46

−3.0% last session

+5.3% YTD

Data as of 11/5/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 5, 2026THEQS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−3.0%	−3.6%	−3.4%	+5.3%	+5.9%	—	—	+18.7%
Peer average	−2.4%	−3.8%	−3.5%	+4.0%	+4.9%	+51.4%	+49.5%	—
S&P 500 · VOO	−4.4%	−5.7%	−4.9%	+8.4%	+9.8%	+82.2%	+71.6%	—

Key Statistics

Open all fund facts →

AUM: $38M
Expense ratio: 0.73%
Distribution yield: 0.8%
NAV: $30.38
Volume: 688
Avg. volume 30D: 3K
High today: $29.62
Low today: $29.46
Previous close: $30.36
52-week high: $31.59
52-week low: $26.77
Our risk indicator: 3/5

THEQ in One Breath

THEQ Among Hedged Equity ETFs

YTD

#1SIXHMeridian+14.7%$635M

#2RFLRInnovator+10.6%$96.7M

#3JUNZTrueShares+9.5%$29.9M

#4PHEQEaton Vance+7.0%$150M

#5HEGDSwan+6.7%$731M

#6KSPYKraneShares+6.2%$135M

#7MAYZTrueShares+6.0%$33.0M

#8JULZTrueShares+6.0%$38.3M

#15THEQT. Rowe Price+5.3%$38.0M

End-of-day Nov 5, 2026 · 29 Hedged equity ETFs by YTD

$10,000 in THEQ

$10,000 in THEQ became

$11,874

In the S&P 500 (VOO)

$13,122

Total return, dividends in · Mar 26, 2025 – Nov 5, 2026 · S&P 500 uses VOO

THEQ Returns by Period

Today

YTD

MAX

THEQ

−3.0%

−3.6%

−3.4%

+5.3%

+5.9%

—

+18.7%

Peer average

−2.4%

−3.8%

−3.5%

+4.0%

+4.9%

+51.4%

+49.5%

—

S&P 500 · VOO

−4.4%

−5.7%

−4.9%

+8.4%

+9.8%

+82.2%

+71.6%

—

End-of-day Nov 5, 2026 · total return, dividends in · peers = 30 Hedged equity ETFs

THEQ’s Defined Outcome Rank

YTD

#195of 318
defined outcome ETFs

Best · SIXH+14.7%

Average+5.8%

THEQ+5.3%

Worst · KBUF−16.8%

Defined Outcome ETFs by YTD return · Nov 5, 2026

THEQ Price and 52-Week Range

From the 52-week high

−6.7%

From the 52-week low

+10.0%

Today $29.46 – $29.62

Previous close $30.36

$29.46 now

52-week low$26.7752-week high$31.59

End-of-day Nov 5, 2026 · box = today’s range, dashed = previous close

THEQ’s Share of Hedged Equity ETFs

Today

0.3%

of the $14.9B in 31 Hedged equity ETFs

THEQ$38.0M0.3%

HELO$4.9B32.6%

BALT$3.3B22.0%

28 others$6.7B45.2%

Hedged equity ETF AUM · Nov 5, 2026

THEQ Fee per $100 vs Peers

Today

$0.73a year
per $100

$73 a year on $10,000

HELO$0.50

FHEQ$0.52

BALT$0.69

THEQ$0.73

HEGD$0.88

SFLR$0.89

Expense ratio · Hedged equity peers · Nov 5, 2026

Inside THEQ

114 holdings

THEQ

T. Rowe Price Hedged Equity ETF

Today

THEQ reports no holdings we can show: […]

T. Rowe Price THEQ · holdings

How It Compares

THEQ

T. Rowe Price Hedged Equity ETF’s Peers


HELO	J.P. MorganRead Desk	0.50%	+4.3%	+2.5%	$4.9B
BALT	InnovatorRead Desk	0.69%	+5.3%	+3.6%	$3.3B
SFLR	InnovatorRead Desk	0.89%	+3.6%	+2.8%	$2.2B
FHEQ	FidelityRead Desk	0.52%	+6.3%	+6.0%	$986M
HEGD	SwanRead Desk	0.88%	+6.2%	+6.7%	$731M
THEQ	T. Rowe PriceThis fundRead Desk	0.73%	+5.9%	+5.3%	$38M

Hedged equity peers · Past-year and ytd returns · as of Nov 6, 2026 · sorted by AUM

Head to Head

Put THEQ head to head with HELO →

HELO vs THEQ

YTD

HELOJ.P. Morgan · Hedged equityTHEQT. Rowe Price · Hedged equity

Year to date

+2.5%

+5.3%

THEQ wins+2.8 pts

Past year

+4.3%

+5.9%

THEQ wins+1.6 pts

Fee

0.50%

0.73%

HELO winslower fee

Yield

0.6%

0.8%

THEQ wins+0.2 pts

AUM

$4.9B

$38.0M

HELO127.8× more

3–1THEQ wins

J.P. Morgan HELO and T. Rowe Price THEQ · year-to-date · as of Nov 6, 2026 · AUM not scored

THEQ vs VOO

THEQ · T. Rowe Price Hedged Equity

+5.9%

VOO · S&P 500

+9.8%

Gap

3.9 pts

T. Rowe Price THEQ and Vanguard VOO · 1Y total return · as of Nov 6, 2026

THEQ vs Its Peer Average

YTD

THEQAvsBPeer average

1D−3.0%−2.4%

1M−3.6%−3.8%

3M−3.4%−3.5%

YTD+5.3%+4.0%

1Y+5.9%+4.9%

3Y[…]+51.4%

5Y[…]+49.5%

4–1THEQ wins

30 Hedged equity peers · each row scaled to its leader

The Details

THEQ

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y9.97%

Deepest drop · 1Y−6.2%

Lowest point · 5Y−8.1%

52-week range

$29.46

$26.77−6.7% from the high$31.59

T. Rowe Price THEQ · past-year price moves · as of Nov 6, 2026

THEQ

Fund Facts

Today

2025launched Mar 26

Tracks[…]

Exchange · CUSIPAMEX · 87283Q776

StructureETF

Leverage1x

Cost on $10,000$73 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

T. Rowe Price THEQ · fund facts · as of Nov 6, 2026

THEQ

Payouts by Year

$0.22per share, Dec 2025

Distribution yield0.8%

Paid[…]

Latest ex-date · paidDec 23 · Dec 26, 2025

1 payouts added up$0.22 a share

T. Rowe Price THEQ · distributions by ex-date · 2025–2025

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-06-30 ↗SEC reported portfolio · 2026-03-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-12-31 ↗annual report · SEC N-CSR ↗SEC reported portfolio · 2025-09-30 ↗SEC reported portfolio · 2025-06-30 ↗SEC reported portfolio · 2025-03-31 ↗summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗

Trading & Liquidity

Net asset value$30.38

Premium / discount[…]

Median spread · 30D[…]

Volume today688

Average volume · 30D3K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.73%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$73.00

Our risk indicator3/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Dec 23, 2025	Dec 26, 2025	$0.22

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