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 +8.99% over the past year and +8.44% YTD, with dividends reinvested. Since Jun. 15, 2023, TCAF is up +54.29% in real purchasing-power return, or +13.80%/yr, and is currently −1.05% below its real total-return high on Oct. 9, 2026.

Data ending Thu Oct. 22, 2026

Growth of $10,000

Thu 2023-06-15💬 to Thu 2026-10-22 Overall
Return 		Exponential
Trendline
TCAF × 		+54.29%
+13.80%/yr 		+14.01%/yr
R2=0.906
T. Rowe Price Capital Appreciation Equity ETF Exchange-Traded Fund

Growth of $10,000 Summary

Thu 2023-06-15💬 to Thu 2026-10-22 Start
Value 		End
Value
TCAF × 		$10,000.00
2023-06-15 		$15,428.88
2026-10-22

This Year’s Performance

through 2026-10-22

  YTD YoY
TCAF × 		+8.44% +8.99%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
TCAF × 		−1.05%
on 2026-10-22
from 2026-10-09 peak 		−17.40%
on 2025-04-08
from 2024-12-04 peak

Rolling Returns

Period ending Thu 2026-10-22 1 yr 2 yr 3 yr 5 yr 10 yr
TCAF × 		+8.99% +21.43%
+10.19%/yr 		+61.97%
+17.44%/yr 		— —

Annual Returns

Year TCAF
2026 (YTD) +8.44%
2025 +12.45%
2024 +17.55%
2023 +7.64%