TSPA vs FRDM
Comparison between T. ROWE PRICE U.S. EQUITY RESEARCH ETF (TSPA, ETF) and FREEDOM 100 EMERGING MARKETS ETF (FRDM, ETF).
5-Year PerformanceFRDM has outperformed TSPA, delivering a return of +18.7% compared to +14.0%
TSPA vs FRDM - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
TSPA
$3.40B
Winner
FRDM
$3.50B
Expense Ratio
Winner
TSPA
0.34%
FRDM
0.49%
Max Drawdown
Winner
TSPA
24.72%
FRDM
40.49%
Sharpe Ratio
TSPA
1.52
Winner
FRDM
2.29
5Y Beta
Winner
TSPA
0.97
FRDM
1.01
P/E Ratio
TSPA
29.76
FRDM
N/A
Forward P/E
TSPA
22.11
FRDM
N/A
PEG Ratio
TSPA
0.51
FRDM
N/A
5Y Dividends CAGR
TSPA
N/A
FRDM
25.82%
5Y EPS CAGR
TSPA
29.73%
FRDM
N/A
Debt to Equity
TSPA
51.53%
FRDM
N/A
P/S Ratio
TSPA
3.91
FRDM
N/A
P/B Ratio
TSPA
5.79
FRDM
N/A
TSPA vs FRDM - Holdings Comparison
TSPA and FRDM have 1 common holdings. Overlap is -0.62%
TSPA's top 25 holdings weight is 50.28%. FRDM's top 25 holdings weight is 73.63%.
| Rank | TSPA | FRDM |
|---|---|---|
| #1 | NVIDIA CORP (NVDA) - 7.92% | SAMSUNG ELECTRONICS CO LTD (n/a) - 13.98% |
| #2 | APPLE INC (AAPL) - 6.55% | SK HYNIX INC (n/a) - 10.88% |
| #3 | MICROSOFT CORP (MSFT) - 4.79% | n/a (TSM) - 7.83% |
| #4 | AMAZON.COM INC (AMZN) - 4.32% | MEDIATEK INC (n/a) - 5.78% |
| #5 | ALPHABET INC CLASS C (GOOG) - 3.71% | DELTA ELECTRONICS INC (n/a) - 3.71% |
| #6 | BROADCOM INC (AVGO) - 3.44% | LATAM AIRLINES GROUP SA (n/a) - 3.23% |
| #7 | ALPHABET INC CLASS A (GOOGL) - 2.78% | HON HAI PRECISION INDUSTRY CO LTD (n/a) - 2.98% |
| #8 | META PLATFORMS INC CLASS A (META) - 2.32% | VALE SA (n/a) - 2.92% |
| #9 | TESLA INC (TSLA) - 1.63% | BANK POLSKA KASA OPIEKI SA (n/a) - 2.79% |
| #10 | ELI LILLY AND CO (LLY) - 1.30% | BANCO DE CHILE (n/a) - 2.44% |
| #11 | JPMORGAN CHASE & CO (JPM) - 1.29% | FALABELLA SA (n/a) - 2.13% |
| #12 | ADVANCED MICRO DEVICES INC (AMD) - 1.16% | MALAYAN BANKING BHD (n/a) - 1.65% |
| #13 | VISA INC CLASS A (V) - 1.03% | LPP SA (n/a) - 1.61% |
| #14 | MICRON TECHNOLOGY INC (MU) - 0.98% | BANCO DE CREDITO E INVERSIONES SA (n/a) - 1.38% |
| #15 | INTEL CORP (INTC) - 0.97% | ASE TECHNOLOGY HOLDING CO LTD (n/a) - 1.30% |
| #16 | WALMART INC (WMT) - 0.95% | UNITED MICROELECTRONICS CORP ADR (UMC) - 1.16% |
| #17 | EXXON MOBIL CORP (XOM) - 0.91% | SK SQUARE (n/a) - 1.00% |
| #18 | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 0.89% | FUBON FINANCIAL HOLDINGS CO LTD (n/a) - 1.00% |
| #19 | T-MOBILE US INC (TMUS) - 0.86% | PLAZA SA SHS (n/a) - 0.91% |
| #20 | NETFLIX INC (NFLX) - 0.85% | QUANTA COMPUTER INC (n/a) - 0.89% |
| #21 | U.S. BANCORP (USB) - 0.33% | CENCOSUD SA (n/a) - 0.87% |
| #22 | CHARLES SCHWAB CORP (SCHW) - 0.33% | CTBC FINANCIAL HOLDING CO LTD (n/a) - 0.86% |
| #23 | AMPHENOL CORP CLASS A (APH) - 0.33% | DINO POLSKA SA (n/a) - 0.81% |
| #24 | CSX CORP (CSX) - 0.32% | PUBLIC BANK BHD (n/a) - 0.79% |
| #25 | KLA CORP (KLAC) - 0.32% | HYUNDAI MOTOR CO (n/a) - 0.73% |
| Total Holdings | 276 | 134 |
TSPA vs FRDM - Historical Returns
Returns include dividend reinvestment.
1M
TSPA
+0.17%
Winner
FRDM
+7.39%
3M
TSPA
+12.13%
Winner
FRDM
+31.14%
6M
TSPA
+10.14%
Winner
FRDM
+46.37%
1Y
TSPA
+24.31%
Winner
FRDM
+84.22%
5Y(CAGR)
TSPA
+14.00%
Winner
FRDM
+18.67%
Max(CAGR)
TSPA
+14.11%
Winner
FRDM
+18.76%
TSPA vs FRDM - Annual Returns (2019 - 2026)
Returns include dividend reinvestment.
| Year | TSPA | FRDM |
|---|---|---|
| 2026 | +9.21% | +36.57% |
| 2025 | +16.49% | +60.85% |
| 2024 | +27.28% | +3.76% |
| 2023 | +30.41% | +24.18% |
| 2022 | -19.11% | -15.18% |
| 2021 | +13.72% | +4.26% |
| 2020 | N/A | +15.00% |
| 2019 | N/A | +12.33% |
TSPA vs FRDM Drawdown Comparison
The maximum drawdown for TSPA was -24.72%, occurring on Oct 12, 2022. Recovery took 478 trading sessions.
The maximum drawdown for FRDM was -40.49%, occurring on Mar 23, 2020. Recovery took 211 trading sessions.
The current TSPA drawdown is -2.25%. The current FRDM drawdown is -4.36%.
| Rank | TSPA | FRDM |
|---|---|---|
| #1 | -24.72% Dec 29, 2021 - Nov 22, 2023 | -40.49% Jan 13, 2020 - Nov 11, 2020 |
| #2 | -19.04% Feb 19, 2025 - Jun 27, 2025 | -29.25% Jan 12, 2022 - Dec 27, 2023 |
| #3 | -9.24% Jan 29, 2026 - Apr 14, 2026 | -16.86% Feb 25, 2026 - Apr 17, 2026 |
| #4 | -8.90% Jul 16, 2024 - Sep 19, 2024 | -15.43% Sep 26, 2024 - May 2, 2025 |
| #5 | -5.49% Mar 28, 2024 - May 14, 2024 | -13.73% Jul 12, 2024 - Sep 26, 2024 |
| #6 | -5.40% Oct 29, 2025 - Dec 11, 2025 | -10.78% Jun 2, 2026 - Jun 5, 2026 |
| #7 | -4.78% Aug 30, 2021 - Oct 19, 2021 | -10.39% Jul 1, 2019 - Nov 4, 2019 |
| #8 | -4.46% Jun 2, 2026 - Jun 10, 2026 | -9.14% Dec 27, 2023 - Mar 7, 2024 |
| #9 | -4.16% Nov 16, 2021 - Dec 23, 2021 | -8.54% Sep 3, 2021 - Jan 12, 2022 |
| #10 | -3.91% Dec 6, 2024 - Jan 22, 2025 | -7.16% Apr 9, 2024 - May 9, 2024 |
| #11 | -2.97% Oct 8, 2025 - Oct 24, 2025 | -6.75% Feb 16, 2021 - Jun 2, 2021 |
| #12 | -2.82% Jul 12, 2021 - Jul 23, 2021 | -6.39% Nov 7, 2019 - Dec 16, 2019 |
| #13 | -2.77% Dec 11, 2025 - Dec 23, 2025 | -6.26% Nov 3, 2025 - Dec 9, 2025 |
| #14 | -2.64% Oct 14, 2024 - Nov 6, 2024 | -6.14% May 11, 2026 - May 26, 2026 |
| #15 | -2.59% Jan 12, 2026 - Jan 27, 2026 | -5.80% Jan 21, 2021 - Feb 11, 2021 |
Correlation
Correlation between TSPA and FRDM is 0.88 which considered as a strong positive correlation - the stocks tend to move together.
0.88
-101
Dividend Comparison (2019 - 2026)
TSPA vs FRDM dividend yield comparison.
| Year | TSPA | FRDM |
|---|---|---|
| 2026 | 0.00% | 0.32% |
| 2025 | 0.62% | 2.26% |
| 2024 | 0.50% | 2.53% |
| 2023 | 0.41% | 2.66% |
| 2022 | 1.16% | 2.72% |
| 2021 | 0.43% | 2.17% |
| 2020 | 0.00% | 1.11% |
| 2019 | 0.00% | 1.07% |
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