See what your fund actually adds
T. Rowe Price Hedged Equity ETF THEQ
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | THEQ | Replication |
|---|---|---|
| Annualized growth | 15.7% | 17.5% |
| Annualized volatility | 9.8% | 9.9% |
| Sharpe ratio | 1.54 | 1.68 |
| Maximum drawdown | 5.6% | 5.7% |
| Replication fit (R²) | 0.97 · Tracking error 1.6% | |
Replication portfolio
The published portfolio below is the investable basket used to model THEQ’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| VOO | US Large Cap | 44.9% |
| SPHY | FI · High Yield | 26.7% |
| EMLC | FI · EM Local Currency | 15.5% |
| LRGF | Factor · Multi-Factor | 12.9% |