Target Allocation ETF — Balanced

Target AllocationTarget Allocation ETF

60% Equity / 38% Fixed Income · ETF implementation · Last reviewed 2026-01-10

Ask T. Rowe Price
ActiveConstruction v15Jan 2016Jul 2026Benchmark: Blended Global ETF Composite

AI insights

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

Track record

Cumulative return · simulated

-16.0%-7.9%+0.2%+8.4%+16.5%202120222023202420252026
Model Benchmark

Jul 2026 Model +12.8% · Benchmark +9.2%

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-0.5%-0.5%+0.1%
3M+1.8%+1.5%+0.4%
YTD+4.3%+3.5%+0.8%
1Y+5.2%+3.6%+1.6%
3Y+7.5%+6.3%+1.2%
5Y+2.4%+1.8%+0.7%
Since inception+3.9%+3.3%+0.7%

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 coreBalanced risk postureQuarterly rebalance review
Inception
2014-01-01
Net expense
0.26%
Estimated yield
2.14%
Turnover
17.8%

Asset class allocation

Across all sleeves · 8 holdings

  • Equity60.0%
  • Fixed income38.0%
  • Cash2.0%
View construction

Computed from the latest published sleeve weights.

Recent materials

Model Viewpoints, Trade Updates, and Factsheets

  • Model Viewpoint — Target Allocation ETF — Balanced

    Model Viewpoint · 2026-06-25

    PDF
  • Factsheet — Target Allocation ETF — Balanced

    Factsheet · 2026-02-27

    PDF
  • Trade Update — Target Allocation ETF — Balanced

    Trade Update · 2026-01-26

    PDF