Target Allocation ETF — Moderately Conservative

Target AllocationTarget Allocation ETF

30% Equity / 68% Fixed Income · ETF implementation · Last reviewed 2026-05-17

Ask T. Rowe Price
ActiveConstruction v19Jan 2016Jul 2026Benchmark: Blended Global ETF Composite

AI insights

Generate a briefing on positioning, performance, and risk for Target Allocation ETF — Moderately Conservative.

Track record

Cumulative return · simulated

-13.0%-8.3%-3.7%+1.0%+5.6%202120222023202420252026
Model Benchmark

Jul 2026 Model +3.6% · Benchmark +1.6%

Past performance is not indicative of future results. Figures are simulated for prototype purposes.

Returns vs benchmark

Total return · Blended Global ETF Composite

PeriodModelBenchExcess
1M+0.3%+0.4%-0.1%
3M+1.9%+2.0%-0.1%
YTD+2.5%+2.6%-0.2%
1Y+3.9%+4.0%-0.1%
3Y+3.6%+3.5%+0.1%
5Y+0.7%+0.3%+0.4%
Since inception+1.5%+1.2%+0.4%

Periods longer than one year are annualized.

About this model

Mandate, construction rules, and review policy

Objective
Seeks broad market exposure and long-term total return using a fully ETF-implemented allocation.
Purpose
Low-cost strategic core
Characteristics
ETF implementationTaxable fixed income coreModerately Conservative risk postureQuarterly rebalance review
Inception
2021-08-01
Net expense
0.38%
Estimated yield
2.92%
Turnover
27.6%

Asset class allocation

Across all sleeves · 9 holdings

  • Equity30.0%
  • Fixed income68.0%
  • Cash2.0%
View construction

Computed from the latest published sleeve weights.

Recent materials

Model Viewpoints, Trade Updates, and Factsheets

  • Factsheet — Target Allocation ETF — Moderately Conservative

    Factsheet · 2026-06-21

    PDF
  • Trade Update — Target Allocation ETF — Moderately Conservative

    Trade Update · 2026-05-20

    PDF
  • Model Viewpoint — Target Allocation ETF — Moderately Conservative

    Model Viewpoint · 2026-04-19

    PDF