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 +13.22% over the past year and +8.80% YTD, with dividends reinvested. Since Jun. 15, 2023, TCAF is up +54.79% in real purchasing-power return, or +14.63%/yr, and is currently −0.15% below its real total-return high on Aug. 13, 2026.

Data ending Thu Aug. 27, 2026

Growth of $10,000

Thu 2023-06-15💬 to Thu 2026-08-27 Overall
Return 		Exponential
Trendline
TCAF × 		+54.79%
+14.63%/yr 		+14.06%/yr
R2=0.894
T. Rowe Price Capital Appreciation Equity ETF Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2023-06-15💬 to Thu 2026-08-27 Start
Value 		End
Value
TCAF × 		$10,000.00
2023-06-15 		$15,479.25
2026-08-27

This Year’s Performance

through 2026-08-27

  YTD YoY
TCAF × 		+8.80% +13.22%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
TCAF × 		−0.15%
on 2026-08-27
from 2026-08-13 peak 		−17.40%
on 2025-04-08
from 2024-12-04 peak

Rolling Returns

Period ending Thu 2026-08-27 1 yr 2 yr 3 yr 5 yr 10 yr
TCAF × 		+13.22% +25.17%
+11.88%/yr 		+56.41%
+16.08%/yr 		— —

Annual Returns

Year TCAF
2026 (YTD) +8.80%
2025 +12.45%
2024 +17.55%
2023 +7.64%