T. Rowe Price US Equity Research ETF

TSPA

Market cap $2.16B

VettaFi's Head of Research Todd Rosenbluth discussed the T. Rowe Price US Equity Research ETF (TSPA) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.

Even in such a tumultuous year as 2025, plenty of headlines can still get overshadowed by the holidays.

The October and November jobs reports dropped from the Bureau of Labor Statistics after delays, and the picture is a rough one; the economy shed some 105,000 jobs in October and only added 64,000 last month.

As in 2024, 2025 has seen a handful of companies continue to dominate market performance. The so-called Magnificent Seven remain crucial considerations, dominating many investor portfolios.

Are stocks too expensive? Yes, stocks definitely cost a lot right now, but that cost may be justifiable.

Active ETFs continue their march toward ETF prominence, with an accelerating pace of launches year over year contributing to the overall expansion of the ETF space. Amid that growth, certain active ETFs have stood out, with rising AUM levels matching their performance potential.

Second quarter earnings season kicked off with an impressive showing from banks, coupled with a mostly in-line inflation print for June. However, stress fractures could be spreading across tariff-sensitive goods sectors, while U.S. tariff rates remain unpredictable and volatile.

In a sea of active ETF launches and active strategies, T. Rowe Price's ETF suite continues to prove popular with investors.

With U.S. tariff impacts becoming more apparent this summer, T. Rowe Price looks to opportunities, risks, and trends in the back half of the year.

Hedged equity strategies offer valuable drawdown mitigation, a boon in the volatile market environment of 2025. While sharp market declines create pain for equity portfolios, the impact is often magnified for those investors near or beginning retirement.