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T. Rowe Price U.S. High Yield ETF (THYF)

High Yield Bond | Exchange Traded Fund | NYSEArca
51.25 USD -0.09 (-0.175%) ⇩ (Aug. 28, 2026, 3:28 p.m. EDT)
After hours: 51.25

Short-term:★★⯪☆☆Long-term:★★★☆☆Dividends:★★★★☆
Hot Take | Aug. 22, 2026, 1:22 a.m. EDT

The high-yield bond ETF offers a compelling income floor with a nearly 7% yield, supported by a consistent and robust distribution history where payments have remained stable or increased despite recent price stagnation. However, the capital appreciation story is muted; the fund has delivered only a modest 4.36% gain over the last two years, with both annual periods showing flat-to-slight growth rather than the explosive expansion seen in top-tier growth assets. While the balance sheet appears sound and the asset class provides necessary diversification, the lack of significant price momentum and the limited upside potential relative to the cost of capital suggest this is a defensive hold rather than a primary wealth-creation engine for the near term.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.003302
AutoARIMA0.003443
AutoTheta0.004100
MSTL0.004575

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 75%
H-stat 6.69
Ljung-Box p 0.000
Jarque-Bera p 0.337
Excess Kurtosis -0.05
Attribute Value
Trailing P/E 20.39

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.55% 6.79% 7.10%
Dividend History
Date Dividend Yield %
2026-08-26 0.283 0.552303
2026-07-28 0.288 0.563380
2026-06-25 0.282 0.546777
2026-05-26 0.296 0.573310
2026-04-27 0.294 0.567239
2026-03-26 0.289 0.570008
2026-02-24 0.293 0.561949
2026-01-27 0.268 0.512428
2025-12-23 0.299 0.572797
2025-11-24 0.304 0.584705
2025-10-28 0.309 0.590292
2025-09-25 0.312 0.595272
2025-08-26 0.321 0.614119
2025-07-28 0.320 0.614156
2025-06-25 0.318 0.611021
2025-05-27 0.326 0.635601
2025-04-25 0.326 0.641366
2025-03-26 0.285 0.553022
2025-02-25 0.316 0.602651
2025-01-28 0.310 0.591050
2024-12-23 0.312 0.601910
2024-11-25 0.300 0.571973
2024-10-28 0.274 0.526923
2024-09-25 0.323 0.618300
2024-08-27 0.322 0.618054
2024-07-26 0.322 0.621910
2024-06-25 0.323 0.626382
2024-05-24 0.317 0.616900
2024-04-24 0.323 0.632094
2024-03-22 0.327 0.632875
2024-02-23 0.324 0.629004
2024-01-25 0.338 0.655929
2023-12-22 0.447 0.867203
2023-11-24 0.352 0.704846
2023-10-25 0.352 0.728417
2023-08-25 0.357 0.708826
2023-07-25 0.314 0.615783
2023-06-26 0.369 0.734504
2023-05-24 0.374 0.752364
2023-04-24 0.363 0.712855
2023-03-27 0.372 0.750772
2023-02-22 0.363 0.723598
2023-01-25 0.154 0.295268
2022-12-23 0.469 0.919139
2022-11-23 0.287 0.560164
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 6.98

Info Dump

Attribute Value
All Time High 54.77
All Time Low 48.1
Ask 55.86
Ask Size 100
Average Daily Volume10 Day 14,450
Average Daily Volume3 Month 21,053
Average Volume 21,053
Average Volume10Days 14,450
Beta3 Year 0.59
Bid 48.48
Bid Size 200
Category High Yield Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 51.3805
Day Low 51.24
Dividend Yield 6.98
Eps Trailing Twelve Months 2.5137217
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 51.50358
Fifty Day Average Change -0.2535782
Fifty Day Average Change Percent -0.004923506
Fifty Two Week Change Percent -1.8199205
Fifty Two Week High 52.98
Fifty Two Week High Change -1.7299995
Fifty Two Week High Change Percent -0.032653823
Fifty Two Week Low 50.43
Fifty Two Week Low Change 0.8199997
Fifty Two Week Low Change Percent 0.016260156
Fifty Two Week Range 50.43 - 52.98
First Trade Date Milliseconds 1,666,791,000,000
Full Exchange Name NYSEArca
Fullday Change -0.0900002
Fullday Change Percent -0.175302
Fullday Price 51.25
Fund Family T. Rowe Price
Fund Inception Date 1,666,656,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in U.S. high yield instruments. Most assets will typically be invested in U.S. issued instruments and U.S. dollar-denominated instruments. The fund may also invest up to 20% of its total assets in non-U.S. dollar-denominated foreign instruments.
Long Name T. Rowe Price U.S. High Yield ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1788709503
Nav Price 51.15
Net Assets 841,149,950.0
Net Expense Ratio 0.5
Open 51.29
Phone 410-345-2000
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 51.25
Post Market Time 1,787,951,100
Previous Close 51.34
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0900002
Regular Market Change Percent -0.175302
Regular Market Day High 51.3805
Regular Market Day Low 51.24
Regular Market Day Range 51.24 - 51.3805
Regular Market Open 51.29
Regular Market Previous Close 51.34
Regular Market Price 51.25
Regular Market Time 1,787,945,311
Regular Market Volume 12,522
Short Name T. Rowe Price U.S. High Yield E
Source Interval 15
Symbol THYF
Three Year Average Return 0.0825919
Total Assets 841,149,952
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 20.388096
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.71246
Trailing Three Month Returns 0.71246
Triggerable 1
Two Hundred Day Average 51.83275
Two Hundred Day Average Change -0.5827484
Two Hundred Day Average Change Percent -0.011242862
Type Disp ETF
Volume 12,522
Yield 0.0698
Ytd Return 1.64259