TTEQ - ETF AI Analysis
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T. Rowe Price Technology ETF (TTEQ)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Leading Technology Holdings
Many of the largest positions, such as major chipmakers and semiconductor equipment companies, have delivered strong year-to-date results that support the fund’s overall performance.
Global Tech Exposure
While the fund is mostly U.S.-focused, it also includes meaningful positions in leading technology names from markets like Taiwan, the Netherlands, Japan, and Hong Kong, adding some international diversification.
Negative Factors
High Sector Concentration
With the vast majority of assets in technology and related industries, the ETF is heavily exposed to swings in the tech sector.
Top Holdings Concentration Risk
A small group of large tech stocks makes up a significant portion of the portfolio, so weakness in just a few names could weigh heavily on returns.
Above-Average Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which means more of the returns are used to cover fees instead of going to investors.
TTEQ vs. SPDR S&P 500 ETF (SPY)
AUM360.29M
RegionGlobal
Expense Ratio0.63%
Beta1.49
IssuerT. Rowe Price
Inception DateOct 23, 2024
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume165,976
30 Day Avg. Volume120,395
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
47.82Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering64
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TTEQ Summary
The T. Rowe Price Technology ETF (TTEQ) is a fund that focuses on the information technology theme, mainly in U.S. companies. It doesn’t track a set index, but instead is actively managed to pick a mix of software, hardware, chip makers, and internet firms. Well-known holdings include Apple and Microsoft, along with major chip companies like Nvidia. Someone might invest in TTEQ if they want long-term growth potential from leading and emerging tech businesses in one single investment. A key risk is that it is heavily concentrated in technology, so its price can rise or fall sharply with the tech sector.
How much will it cost me?The T. Rowe Price Technology ETF (TTEQ) has an expense ratio of 0.63%, meaning you’ll pay $6.30 per year for every $1,000 invested. This is higher than average because it is actively managed, focusing on selecting specific technology companies rather than tracking a broad index. Active management typically involves more research and decision-making, which increases costs.
What would affect this ETF?The T. Rowe Price Technology ETF (TTEQ) could benefit from continued global demand for innovation in areas like artificial intelligence, cloud computing, and semiconductors, which are supported by its top holdings such as Nvidia, Microsoft, and Apple. However, rising interest rates or regulatory changes targeting large tech companies could negatively impact growth prospects, while economic slowdowns might reduce consumer and business spending on technology. Its global exposure also means it could be affected by geopolitical tensions or trade restrictions impacting the tech sector.
TTEQ Top 10 Holdings
TTEQ is riding a powerful semiconductor wave, with Nvidia, AMD, Intel, Broadcom, TSMC, and ASML doing most of the heavy lifting. AMD and Intel have been especially strong lately, helping to turbocharge returns, while Broadcom looks a bit more mixed and occasionally taps the brakes. Big Tech names like Apple, Amazon, and Alphabet add a steadier, consumer- and cloud-focused backbone. Overall, this is a tech-heavy, chip-centric fund with a global footprint, but a clear tilt toward U.S. and international semiconductor champions driving the story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 10.27% | $37.01M | $5.14T | 43.91% | 76 Outperform | |
| Advanced Micro Devices | 7.25% | $26.12M | $892.36B | 299.13% | 73 Outperform | |
| Intel | 5.45% | $19.62M | $642.62B | 462.74% | 64 Neutral | |
| Broadcom | 5.30% | $19.11M | $1.87T | 51.06% | 76 Outperform | |
| TSMC | 4.90% | $17.67M | $1.95T | 99.08% | 81 Outperform | |
| ― | 4.34% | $15.63M | ― | ― | ― | |
| Micron | 3.47% | $12.50M | $1.23T | 748.23% | 79 Outperform | |
| ASML Holding | 3.45% | $12.43M | $719.61B | 137.40% | 81 Outperform | |
| Amazon | 2.69% | $9.69M | $2.65T | 14.51% | 71 Outperform | |
| Infineon | 2.52% | $9.06M | $122.04B | 128.52% | 74 Outperform |
TTEQ Technical Analysis
Positive
―
Price Trends
39.71
Positive
35.75
Positive
34.18
Positive
Market Momentum
0.87
Positive
55.84
Neutral
70.73
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TTEQ, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 43.01, equal to the 50-day MA of 39.71, and equal to the 200-day MA of 34.18, indicating a bullish trend. The MACD of 0.87 indicates Positive momentum. The RSI at 55.84 is Neutral, neither overbought nor oversold. The STOCH value of 70.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TTEQ.
TTEQ Peer Comparison
Comparison Results
Performance Comparison
TTEQ
T. Rowe Price Technology ETF
43.20
15.88
58.13%
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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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