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- TCAF
Top Active ETF TCAF Adds More Than Half a Billion in 1 Month

With active ETFs becoming a bigger and bigger player in the ETF landscape, investors may be looking for standout options. The pool of available candidates is growing at an accelerating pace as active ETFs constitute a larger portion of new launches. One of the top active ETFs, TCAF, has stood out since launch with significant AUM growth. Managed by David Giroux, the strategy has added more than half a billion in just the last month. Nearing $4 billion in total AUM, then, it could be time to give the fund a closer look.See more: Active Value ETF TVAL Adds a Quarter Billion in 1 Month
The T. Rowe Price Capital Appreciation Equity ETF (TCAF A-), charges only a 31 basis point (bps) fee for its approach. The strategy actively invests in higher-quality stocks primarily from large-cap U.S. firms. Applying fundamental analysis, the active ETF looks for strong market position and attractive valuations.
Typically, the strategy holds about 100 firms with a large-cap focus, but it does retain flexibility. So, while that approach has led the fund to hold popular, key names like Apple (AAPL), it also holds firms like Roper Technologies (ROP) in its top holdings.
That overall approach has helped the fund add $570 million in net inflows over the last month. That notable tally, however, only makes up about 1/5th of the fund’s flows over the last full year. That 12-month number comes in at a strong $2.5 billion per ETF Database data. TCAF has returned 20.63% annualized since inception, per T. Rowe Price website data. Despite those positives, intriguingly, the fund is closer to oversold territory than overbought territory, suggesting now could provide an appealing entry point for the fund.
Looking ahead, active ETF investing can really help amid rising volatility. Many investors likely still want exposure to large software firms, but with TCAF’s fundamental approach, it can adapt as needed and add other firms with upside, too. For those looking for a rising active ETF, TCAF could intrigue.
For more news, information, and analysis, visit our Active ETF Channel.
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