TCAF vs TCAL
T. Rowe Price Capital Appreciation Equity ETF against T. Rowe Price Capital Appreciation Premium Income ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
35%
45 shared positions
Fee gap
3 bp
TCAF is cheaper
1-year return gap
21.5 pts
TCAF is ahead
Larger fund
TCAF
$9.6B
Side by side
| TCAF | TCAL | |
|---|---|---|
| Fund | T. Rowe Price Capital Appreciation Equity ETF | T. Rowe Price Capital Appreciation Premium Income ETF |
| Issuer | T. Rowe Price | T. Rowe Price |
| Category | Large Cap Blend | Covered Call |
| Expense ratio | 0.31% | 0.34% |
| Assets | $9.6B | $276M |
| Average daily dollar volume | $23M | $1.5M |
| Listed | Jun 14, 2023 | Mar 26, 2025 |
| FrenzyCap score | 74 | 70 |
| 1-month return | +3.5% | +0.6% |
| 3-month return | +4.8% | −1.7% |
| Year to date | +14.1% | −4.9% |
| 1-year return | +12.8% | −8.8% |
| 30-day volatility | 10.8% | 9.2% |
| Worst drawdown, 1 year | −11.8% | −12.3% |
| Trailing 12-month yield | 0.44% | 11.47% |
| Holdings | 92 | 313 |
| Top 10 weight | 40.9% | 17.7% |
| Look-through P/E | 33.1 | 26.8 |
| Holdings vs fair value | +0.4% | +1.8% |
| Holdings above 200-day average | 73% | 50% |
| Net flow, latest 3 reported months | +$192M thru Jun 2026 | +$5.8M thru Jun 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
63% of TCAF · 52% of TCAL| Holding | TCAF | TCAL |
|---|---|---|
| WAT | 1.79% | 1.99% |
| DHR | 1.59% | 2.02% |
| V | 1.56% | 1.71% |
| AMZN | 5.83% | 1.55% |
| MA | 2.04% | 1.51% |
| MSFT | 5.14% | 1.51% |
| PPL | 1.64% | 1.45% |
| NI | 2.42% | 1.18% |
| KDP | 2.60% | 1.14% |
| YUM | 1.12% | 1.73% |
| AJG | 1.14% | 1.07% |
| BDX | 1.15% | 1.06% |
| AMD | 2.65% | 1.05% |
| META | 4.18% | 1.02% |
| AVGO | 3.14% | 0.96% |
| CYTK | 1.34% | 0.90% |
| AEE | 1.69% | 0.83% |
| CNP | 3.03% | 0.83% |
| DASH | 1.10% | 0.80% |
| ALNY | 1.01% | 0.80% |
| USFD | 0.76% | 1.21% |
| PTC | 1.23% | 0.72% |
| JPM | 1.86% | 0.67% |
| NOC | 0.65% | 1.58% |
| VLTO | 0.64% | 1.89% |
Sector mix of the stock holdings
| Sector | TCAF | TCAL | Gap |
|---|---|---|---|
| Technology | 45.2% | 21.7% | +23.6% |
| Industrials | 10.6% | 18.7% | −8.1% |
| Health Care | 12.7% | 16.4% | −3.7% |
| Utilities | 9.9% | 14.9% | −5.0% |
| Consumer Discretionary | 9.3% | 10.4% | −1.1% |
| Financials | 4.3% | 7.6% | −3.3% |
| Consumer Staples | 3.8% | 7.5% | −3.7% |
| Energy | 2.0% | 1.2% | +0.8% |
| Materials | 0.0% | 1.6% | −1.6% |
| Communication Services | 0.3% | 1.0% | −0.7% |
More: full overlap table · TCAF holdings · TCAL holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.