TMSL - ETF AI Analysis
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T. Rowe Price Small-Mid Cap ETF (TMSL)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Results
The ETF has delivered strong gains so far this year, suggesting its strategy has recently worked well for investors.
Broad Sector Diversification
Holdings are spread across many sectors, including technology, industrials, financials, and health care, which helps reduce the impact of weakness in any single industry.
Multiple Strong Top Holdings
Several of the largest positions, such as nVent Electric, TechnipFMC, and Permian Resources, have shown strong performance, supporting the fund’s overall returns.
Negative Factors
Higher Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of your returns go toward fees each year.
Short-Term Performance Bumpiness
Recent one-month results have been weak, showing that the fund’s returns can be choppy over shorter time periods.
Heavy U.S. Concentration
With the vast majority of assets in U.S. stocks and very limited exposure to other countries, the fund is heavily tied to the U.S. market’s fortunes.
TMSL vs. SPDR S&P 500 ETF (SPY)
AUM3.03B
RegionNorth America
Expense Ratio0.55%
Beta1.02
IssuerT. Rowe Price
Inception DateJun 15, 2023
Dividend Yield0.49%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume394,687
30 Day Avg. Volume404,375
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
53.35Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering284
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TMSL Summary
T. Rowe Price Small-Mid Cap ETF (TMSL) focuses on the “extended market,” meaning smaller and mid-sized U.S. companies that sit outside the big-name large-cap indexes. It is actively managed rather than tied to a fixed index, and spreads investments across many sectors like technology, industrials, finance, and health care. Some of its holdings include companies such as Tenet Healthcare and Reliance Steel. Investors might consider TMSL for growth potential and added diversification beyond large caps. A key risk is that smaller companies can be more volatile, so the share price can rise and fall more sharply than the overall market.
How much will it cost me?The T. Rowe Price Small-Mid Cap ETF (TMSL) has an expense ratio of 0.55%, which means you’ll pay $5.50 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, meaning professional managers select investments rather than tracking a passive index.
What would affect this ETF?The T. Rowe Price Small-Mid Cap ETF (TMSL) could benefit from economic growth and innovation in sectors like technology and health care, which are heavily represented in its holdings. However, it may face challenges from rising interest rates or economic slowdowns, which can negatively impact smaller companies and more volatile industries such as consumer cyclical and financials. Additionally, its U.S.-focused exposure makes it sensitive to domestic regulatory changes and market conditions.
TMSL Top 10 Holdings
TMSL leans into U.S. small- and mid-cap growth stories, with health care and energy names doing much of the heavy lifting. Tenet Healthcare and Guardant Health are rising, helping the fund tap into the momentum in medical services and diagnostics, even if Guardant’s shaky finances add a bit of drama. On the energy side, Permian Resources and TechnipFMC are powering ahead, while nVent Electric and Corpay offer steadier, if sometimes mixed, support. Financials like Popular and East West Bancorp add a solid but less flashy backbone to this domestically focused portfolio.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Tenet Healthcare | 1.18% | $35.09M | $21.10B | 35.73% | 74 Outperform | |
| Popular | 1.14% | $34.11M | $10.22B | 26.64% | 77 Outperform | |
| nVent Electric | 0.99% | $29.68M | $26.33B | 66.48% | 76 Outperform | |
| Guardant Health | 0.96% | $28.77M | $23.77B | 196.65% | 61 Neutral | |
| Permian Resources | 0.96% | $28.74M | $17.83B | 56.54% | 81 Outperform | |
| Corpay Inc | 0.91% | $27.10M | $25.80B | 31.86% | 75 Outperform | |
| East West Bancorp | 0.91% | $27.06M | $17.20B | 18.09% | 79 Outperform | |
| Marex Group plc | 0.89% | $26.46M | $5.23B | 116.48% | 73 Outperform | |
| Reliance Steel | 0.86% | $25.70M | $19.76B | 36.73% | 74 Outperform | |
| TD SYNNEX Corporation | 0.85% | $25.34M | $22.65B | 86.50% | 73 Outperform |
TMSL Technical Analysis
Negative
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Price Trends
42.90
Negative
42.41
Negative
40.14
Positive
Market Momentum
-0.52
Positive
37.22
Neutral
48.90
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TMSL, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 42.07, equal to the 50-day MA of 42.90, and equal to the 200-day MA of 40.14, indicating a neutral trend. The MACD of -0.52 indicates Positive momentum. The RSI at 37.22 is Neutral, neither overbought nor oversold. The STOCH value of 48.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TMSL.
TMSL Peer Comparison
Comparison Results
Performance Comparison
TMSL
T. Rowe Price Small-Mid Cap ETF
41.27
6.72
19.45%
TCAF
T. Rowe Price Capital Appreciation Equity ETF
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CGMM
Capital Group U.S. Small and Mid Cap ETF
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JMEE
JPMorgan Market Expansion Enhanced Equity ETF
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SMIG
AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF
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JSMD
Janus Henderson Small/Mid Cap Growth Alpha ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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