# EDGAR Filing Document

**Accession Number:** 0001795351
**File Stem:** 0001999371-26-013826
**Filing Date:** 2026-6
**Character Count:** 5016
**Document Hash:** 915acc375c7d00d7fffec1f9e70444ec
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-26-013826.hdr.sgml**: 20260630

**ACCESSION NUMBER**: 0001999371-26-013826

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260630

**DATE AS OF CHANGE**: 20260630

**EFFECTIVENESS DATE**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Exchange-Traded Funds, Inc.
- **CENTRAL INDEX KEY:** 0001795351

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-235450
- **FILM NUMBER:** 261138665

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

## Series and Classes Contracts Data

### T. Rowe Price Blue Chip Growth ETF (Series ID: S000067974)

---

|  |  |  |
|:---|:---|:---|
| Class Name                         | Ticker Symbol | Class ID   |
| T. Rowe Price Blue Chip Growth ETF | TCHP          | C000217970 |

---

### T. Rowe Price Dividend Growth ETF (Series ID: S000067975)

---

|  |  |  |
|:---|:---|:---|
| Class Name                        | Ticker Symbol | Class ID   |
| T. Rowe Price Dividend Growth ETF | TDVG          | C000217971 |

---

### T. Rowe Price Equity Income ETF (Series ID: S000067976)

---

|  |  |  |
|:---|:---|:---|
| Class Name                      | Ticker Symbol | Class ID   |
| T. Rowe Price Equity Income ETF | TEQI          | C000217972 |

---

### T. Rowe Price Growth Stock ETF (Series ID: S000067977)

---

|  |  |  |
|:---|:---|:---|
| Class Name                     | Ticker Symbol | Class ID   |
| T. Rowe Price Growth Stock ETF | TGRW          | C000217973 |

---

### T. Rowe Price U.S. Equity Research ETF (Series ID: S000071604)

---

|  |  |  |
|:---|:---|:---|
| Class Name                             | Ticker Symbol | Class ID   |
| T. Rowe Price U.S. Equity Research ETF | TSPA          | C000226980 |

---

## Series and Classes Contracts Data

### T. Rowe Price Blue Chip Growth ETF (Series ID: S000067974)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000217970 | T. Rowe Price Blue Chip Growth ETF | TCHP            |

### T. Rowe Price Dividend Growth ETF (Series ID: S000067975)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000217971 | T. Rowe Price Dividend Growth ETF | TDVG            |

### T. Rowe Price Equity Income ETF (Series ID: S000067976)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000217972 | T. Rowe Price Equity Income ETF | TEQI            |

### T. Rowe Price Growth Stock ETF (Series ID: S000067977)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000217973 | T. Rowe Price Growth Stock ETF | TGRW            |

### T. Rowe Price U.S. Equity Research ETF (Series ID: S000071604)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000226980 | T. Rowe Price U.S. Equity Research ETF | TSPA            |

**T. Rowe Price U.S. Equity Research ETF**

Supplement to Statement of Additional Information dated March 1, 2026

On June 25, 2026, shareholders of the T. Rowe Price U.S. Equity Research ETF approved a proposal to change the fund's diversification policy from diversified to nondiversified. The switch from diversified to nondiversified will become effective on July 1, 2026.

Accordingly, the following changes are effective July 1, 2026.

Under the section "INVESTMENT RESTRICTIONS – Fundamental Policies," the U.S. Equity Research ETF is added to the funds that are not subject to investment restrictions (5) and (6), as follows:

**(5)** **Percent Limit on Assets Invested in Any One Issuer (All Funds Except Blue Chip ETF, Growth Stock ETF, and U.S. Equity Research ETF)** The funds may not purchase a security if, as a result, with respect to 75% of the value of the funds' total assets, more
than 5% of the value of the funds' total assets would be invested in the securities of a single issuer, except for cash; securities
issued or guaranteed by the U.S. government, its agencies, or instrumentalities; and securities of other investment companies;

**(6)** **Percent Limit on Share Ownership of Any One Issuer (All Funds Except Blue Chip ETF, Growth Stock ETF, and U.S. Equity Research ETF)** The funds may not purchase a security if, as a result, with respect to 75% of the value of the funds' total assets, more
than 10% of the outstanding voting securities of any issuer would be held by the funds (other than cash; securities issued or guaranteed
by the U.S. government, its agencies, or instrumentalities; and securities of other investment companies);

The date of this supplement is June 30, 2026.

G81-041 6/30/26