Expense Ratio History

THYF expense ratio history

T. Rowe Price U.S. High Yield ETF

Fund company
T. Rowe Price
Type
ETF

0.50%

In basis points
50 basis points
Yearly cost per $10,000
$50
Prospectus dated
1 August 2025, filed with the SEC; rounded to 0.01%
Last change
Cut from 0.56% on 1 August 2025

Fee over time

THYF expense ratio: 0.56% until 1 Aug 2025, then 0.50%; read at 0.50% on 1 Aug 2025.0.00%0.20%0.40%0.60%0.80%Aug 2022Mar 2023Oct 2023May 2024Dec 2024Jul 20250.56% before0.50% from 1 Aug 2025
THYF expense ratio: 0.56% until 1 Aug 2025, then 0.50%; read at 0.50% on 1 Aug 2025.0.00%0.20%0.40%0.60%0.80%Aug 2022Sep 2023Oct 20240.56% before0.50% from 1 Aug 2025
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Every figure we've recorded

DateFeeWhat happened
1 Aug 2025 0.50% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-08-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Aug 2025 0.50% Cut from 0.56% to 0.50%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2025-11-13
1 Aug 2024 0.56% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-08-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Oct 2023 0.56% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-10-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Oct 2022 0.56% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-10-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Aug 2022 0.56% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-08-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.50% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$629 in fees over 10 years

After fees, $10,000 grows to $15,511.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$51
3 years$161
5 years$280
10 years$629

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 5 prospectuses for this share class since 2022. Each one is listed above with a link to the filing.

How we read fees

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