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TMSL · T. Rowe Price Small-Mid Cap ETF

Equity fundActively managed0.55% fee$2.7bnSince Jun 15, 2023SEC filings ↗
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TMSL is actively managed and returned +18.6% over the past year.

+18.6%
Total return, 1 year
0.55%
Expense ratio
297
Holdings
−7.5%
Below its high
WindowTotal returnS&P 500Gap to S&P 500Gap to Nasdaq-100
3M Jul 2 – Oct 2, 2026−4.5%+3.6%−8.1 pts−9.8 pts
6M Apr 2 – Oct 2, 2026+12.1%+17.9%−5.8 pts−16.3 pts
1Y Oct 2, 2025 – Oct 2, 2026+18.6%+16.2%+2.4 pts−5.7 pts
3Y Oct 3, 2023 – Oct 2, 2026+74.6%+89.3%−14.7 pts−40.2 pts
Since listing Jun 15, 2023 – Oct 2, 2026+66.4%+81.6%−15.2 pts−40.0 pts

TMSL over each window to Oct 2, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.

TMSL top ten by weight, 9.8% of its 297 equity positions, from the holdings filed for Jun 30, 2026. An index fund holds what the index holds, so this is the index. Source: the fund’s SEC filing.

POPULAR INC 1.19%
MKS Inc 1.13%
MIDDLEBY CORP 1.06%
NVENT ELECTRIC PLC 1.01%
TELEDYNE TECHNOLOGIES INC 0.98%
GUARDANT HEALTH INC 0.93%
TENET HEALTHCARE CORP 0.89%
EAST WEST BANCORP INC 0.89%
RAMBUS INC 0.88%
ACUITY INC 0.83%
Fund filings on SEC EDGAR ↗
Head to head
Funds near this one
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In plain words

TMSL is actively managed and tracks no index. Over the year to Oct 2, 2026 it returned +18.6% with distributions reinvested, against +16.2% for the S&P 500 and +24.3% for the Nasdaq-100. The prospectus expense ratio is 0.55% a year. By its holdings filed for Jun 30, 2026, 15% of the fund by weight is stocks the S&P 500 also holds, across 297 positions, with the top ten at 9.8%. It sat 7.5% below its high of Aug 14, 2026 on Oct 2, 2026.
What it tracksNo index, actively managed
Fund typeEquity fund
Category (ETFIQ)Stocks · U.S. mid-cap blend
Expense ratio (485BPOS XBRL, Feb 25, 2026)0.55%
Price$41.43
Listed sinceJun 15, 2023
Net assets (SEC filing, whole fund, as filed for Jun 30, 2026)$2.7bn
Below its high (ETFIQ)−7.5%
Holdings297
Top ten weight9.8%
Holdings as of (SEC N-PORT)Jun 30, 2026
Already in the S&P 500, by weight (ETFIQ)15.0%
Active share vs the S&P 500 (ETFIQ)98.7%
Already in the Nasdaq-100, by weight (ETFIQ)0.3%
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Questions people ask about TMSL

How has TMSL performed?
Over the year to Oct 2, 2026, TMSL returned +18.6% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is +74.6%.
What does TMSL cost?
The prospectus expense ratio is 0.55% a year.
What does TMSL hold?
297 positions as filed for Jun 30, 2026, with the top ten at 9.8% of the fund. 15% of its weight is in stocks the S&P 500 also holds.
How far is TMSL below its high?
7.5% below its high of Aug 14, 2026, measured on the reinvested series to Oct 2, 2026.
Sources and dates
Prices, TMSL and S&P 500Tiingo end-of-day · Oct 2, 2026
Fee, 0.55%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $2.7bnSEC filing, whole fund · Jun 30, 2026
HoldingsHoldings filing (SEC Form N-PORT) · Jun 30, 2026 ↗
IssuerT. Rowe Price website ↗
All fund filingsFund filings on SEC EDGAR ↗
SourceT. Rowe Price’s own site ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ETFIQ covers core, leveraged and inverse, buffer, thematic, option-income, alternatives and spot crypto ETFs. This fund is here because the other funds here are measured against it and portfolios hold it. ETFIQ is an independent publisher and makes no recommendations. Standards and sources

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, TMSL, core fund, data as of Oct 2, 2026. https://etfiq.com/funds/tmsl

Free to use with attribution; the underlying files are at Open data.

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