TCHP - TCHP: Secretive And Unconvincing Growth ETF
2024-05-26 11:15:37 ET
Summary
- T. Rowe Price Blue Chip Growth ETF is an actively managed ETF with a portfolio of 74 companies.
- TCHP focuses on companies with leading market positions, seasoned management teams, and strong financial health.
- TCHP shows strong quality metrics and 12-month return, but its underwhelming performance since inception doesn't justify its high fee.
TCHP strategy
T. Rowe Price Blue Chip Growth ETF ( TCHP ) is an actively managed ETF launched on 08/04/2020. It has a portfolio of 74 companies and an expense ratio of 0.57%. Unlike traditional ETFs, TCHP doesn’t disclose its holdings every day. The latest available list of full holdings is dated of 03/31/2024 and the latest list of top 10 holdings is of 04/30/2024. However, the fund provides a proxy portfolio on a daily basis. Keeping the exact portfolio secret prevents other traders from predicting or copying the fund’s strategy. It also has some drawbacks, like a larger and more variable discount/premium, which may be amplified in volatile market conditions....
TCHP: Secretive And Unconvincing Growth ETF