With the year more than halfway through, investors may want to take the opportunity to survey the active ETF landscape. In the ever-growing world of ETFs, investors can consider all kinds of strategies, but active strategies are winning significant attention recently.
Active ETFs have had a huge last two years, increasingly reaching the heights initially touted when the ETF rule hit. One such strategy, the active blue chip ETF TCHP, has seen strong returns over the last year and in the previous few months.
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.