Amid AI Concentration Risk, TTEQ Spikes in Last Month

U.S. equities have held up amid global volatility, and active strategies are drawing attention as a way to manage concentration risk in tech. The article highlights T. Rowe Price’s active tech ETF (TTEQ) which has outperformed the S&P 500, returning 13.4% over the last month and 8.42% YTD. The fund has amassed about $180 million AUM in under two years, adding roughly $50 million in the past three months, and recently traded above its 50- and 200-day moving averages—signals of positive momentum. With a 63 bps fee and a bottom-up, flexible “AI on/off” approach, the piece suggests active tech ETFs like TTEQ could divert flows from static index strategies and offer investors a way to mitigate concentration risk while capturing innovation-driven upside.