T. Rowe Capital Appreciation Equity ETF (TCAF) is a US large-cap blend ETF. As of October 9, 2026, ETF Copilot scores TCAF 7.1 out of 10 — highest on Risk (9.0), lowest on Return (5.3). It trades at 27.3 times earnings, against its own median of 30.5. Its ten largest holdings are 41% of the fund.
What stands out in TCAF's data
Large US companies picked stock by stock, without a set growth or value style.
Its stock picks trade at a higher price relative to earnings than the typical peer.
Trailing P/E multiple of 27.3x, above the category median of 24.4x.
Can serve as a core large-cap US allocation built on individual stock choices by an active manager.
Why did TCAF move this week? It rose 2.5% in the week to October 9, 2026 — PTC and Amazon.com drove it
TCAF rose 2.5% in the week to October 9, 2026. The holdings that moved it most were PTC (+35.0%), Amazon.com (+4.3%) and Microsoft (+3.4%); Advanced Micro Devices (−4.1%) pushed the other way.
How is TCAF rated? ETF Copilot scores T. Rowe Capital Appreciation Equity ETF (TCAF) 7.1 out of 10
As of October 9, 2026, ETF Copilot scores T. Rowe Capital Appreciation Equity ETF (TCAF) 7.1 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 7.1 / 10
- Growth: 8.3 / 10
- Value: 5.7 / 10
- Risk: 9.0 / 10
- Quality: 7.2 / 10
- Return: 5.3 / 10
Is TCAF expensive right now? It trades at 27.3 times earnings, against its own median of 30.5
As of October 9, 2026, TCAF is cheaper than 91% of its own 32 monthly readings since 2024 — 3 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside TCAF? 41% Tech
What's inside TCAF: Size (Large 79%, Mid 20%, Small 1%); Geography (International 9%, US 91%); Tech 41.1%; Magnificent 7 31.5%; AI 24.5%; Semiconductors 16.5%; Memory 13.1%.
What are TCAF's top holdings? The ten largest are 41% of the fund
Microsoft, Nvidia, Amazon.com, Apple, Advanced Micro Devices, Alphabet, Centerpoint Energy, Meta Platforms, Taiwan Semiconductor and Amerisourcebergen are TCAF's largest holdings, in that order.
More concentrated than 69% of US Large Cap Blend ETFs.
Half of TCAF's weight sits in its 15 largest positions, and once those weights are taken into account it behaves like 38 equally weighted holdings.
What is TCAF's expense ratio? 0.31% a year
As of October 9, 2026, TCAF charges 0.31% a year, yields 0.44% and holds $9.0B in assets across 92 positions.
| Measure | TCAF |
|---|---|
| Expense ratio | 0.31% |
| Dividend yield | 0.44% |
| Assets under management | $9.0B |
| Holdings | 92 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “T. Rowe Capital Appreciation Equity ETF (TCAF) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/tcaf
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