These Under-The-Radar Active ETFs Are Gaining Ground In The US
U.S. Active ETF Growth: The U.S. active ETF market is expanding beyond major asset managers, with smaller funds gaining traction; July saw record inflows of $44.8 billion into active ETFs, marking a significant milestone as they now represent over 10% of total ETF assets.
Emerging Funds to Watch: Notable smaller active ETFs like the Jensen Quality Growth ETF (JGRW), JPMorgan International Growth ETF (JIG), and T. Rowe Price Capital Appreciation Equity ETF (TCAF) are positioned for growth due to their solid investment strategies and potential appeal to investors seeking stability and risk management.
Trade with 70% Backtested Accuracy
Analyst Views on TCAF

No data
About the author


New ETF Launches: T. Rowe Price has introduced two new ETFs, the Active Core U.S. Equity ETF (TACU) and the Active Core International Equity ETF (TACN), with fee waivers for the first 13 months to attract investors.
Investment Focus: TACU targets large-cap U.S. stocks with a portfolio of 550 to 650 stocks, while TACN focuses on international stocks with about 400 to 500 stocks, both emphasizing a research-oriented and risk-managed approach.
Competitive Fees: After the initial fee waiver period, TACU and TACN will charge competitive fees of 0.14% and 0.20%, respectively, reflecting T. Rowe Price's commitment to providing cost-effective investment options.
Growth in ETF Offerings: With these new additions, T. Rowe Price now offers a total of 30 ETFs, including 20 equity and 10 fixed-income funds, with several funds having significant assets under management, enhancing their market presence.
TCAF Share Price Analysis: TCAF's share price is currently at $38.10, with a 52-week low of $28.28 and a high of $39.34, indicating a relatively stable position within its trading range.
Understanding ETFs: Exchange traded funds (ETFs) function like stocks, where investors buy and sell "units" that can be created or destroyed based on demand, impacting the underlying assets.
Monitoring ETF Flows: Weekly monitoring of shares outstanding helps identify ETFs with significant inflows (new units created) or outflows (units destroyed), which can affect the individual components of the ETFs.
Disclaimer on Views: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.
ETF Target Price Analysis: The T. Rowe Price Capital Appreciation Equity ETF (TCAF) has an implied analyst target price of $45.05, indicating an 18.20% upside from its current trading price of $38.11.
Notable Holdings with Upside: Key underlying holdings of TCAF, such as Vaxcyte Inc (PCVX), Workday Inc (WDAY), and Danaher Corp (DHR), show significant potential for price increases based on analyst targets, with PCVX having a target 135.29% higher than its current price.
Market Sentiment and Analyst Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to downgrades if they do not align with recent market developments.
Investor Research Importance: Investors are encouraged to conduct further research to assess the validity of analyst targets and their implications for future stock performance.
TCAF Share Price Analysis: TCAF's share price is currently at $38.30, with a 52-week low of $28.28 and a high of $38.6839, indicating a relatively stable position within its trading range.
ETFs Trading Dynamics: Exchange traded funds (ETFs) function like stocks, with units that can be created or destroyed based on investor demand, impacting the underlying holdings and necessitating monitoring of share changes for significant inflows or outflows.
ETF Target Price Analysis: The T. Rowe Price Capital Appreciation Equity ETF (TCAF) has an implied analyst target price of $43.47, indicating a potential upside of 15.64% from its current trading price of $37.59.
Notable Holdings with Upside: Key underlying holdings of TCAF, such as S&P Global Inc, The Cigna Group, and GE HealthCare Technologies, show significant upside potential, with target prices suggesting increases of 27.46%, 23.00%, and 22.96% respectively from their recent trading prices.
TCAF Share Price Analysis: TCAF's share price is currently at $37.09, with a 52-week low of $28.28 and a high of $37.57, indicating a stable position within its trading range.
ETFs Trading Dynamics: ETFs function like stocks, allowing investors to buy and sell units that can be created or destroyed based on demand, impacting the underlying assets held within the ETFs.










