
After sitting cozy for years in a U.S.-centric equity bubble, investors are finally being served a wake-up call. With U.S. valuations at elevated levels and global equities outperforming the U.S. in 2025, the long-standing “home bias” in American portfolios is starting to appear more like a risk factor than a security blanket.
In this scenario, T. Rowe Price debuted two new actively managed ETFs: the T. Rowe Price Global Equity ETF (NYSE:TGLB) and the T. Rowe Price Equity Research ETF (NYSE:TIER). Transparent and competitively priced, the funds are designed for investors who may be willing to step, or leap, beyond the borders of the S&P 500.