All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

TCAF: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

TCAF real return snapshot: after CPI-U inflation, TCAF returned +14.26% over the past year and +8.39% YTD, with dividends reinvested. Since Jun. 15, 2023, TCAF is up +54.22% in real purchasing-power return, or +14.76%/yr, and is currently at its real total-return high.

Data ending Fri Aug. 7, 2026

Growth of $10,000

Thu 2023-06-15💬 to Fri 2026-08-07 Overall
Return 		Exponential
Trendline
TCAF × 		+54.22%
+14.76%/yr 		+14.01%/yr
R2=0.888
T. Rowe Price Capital Appreciation Equity ETF Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2023-06-15💬 to Fri 2026-08-07 Start
Value 		End
Value
TCAF × 		$10,000.00
2023-06-15 		$15,421.53
2026-08-07

This Year’s Performance

through 2026-08-07

  YTD YoY
TCAF × 		+8.39% +14.26%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
TCAF × 		—
on 2026-08-07 		−17.40%
on 2025-04-08
from 2024-12-04 peak

Rolling Returns

Period ending Fri 2026-08-07 1 yr 2 yr 3 yr 5 yr 10 yr
TCAF × 		+14.26% +33.32%
+15.46%/yr 		+52.49%
+15.10%/yr 		— —

Annual Returns

Year TCAF
2026 (YTD) +8.39%
2025 +12.45%
2024 +17.55%
2023 +7.64%