T. Rowe Price Exchange-Traded Funds, Inc. - T. Rowe Price Hedged Equity ETF is an exchange traded fund launched and managed by T. Rowe Price Associates, Inc. The fund invests in public equity and fixed income markets of the United States. For its equity portion, the fund invests directly, through derivatives and through other funds in stocks of companies operating across diversified sectors. The fund uses derivatives as options to create its portfolio. It invests in volatility stocks of large-cap companies. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. For its fixed income portion, it invests through derivatives such as futures in U.S. Treasury securities. The fund employs fundamental analysis with bottom-up security picking approach to its portfolio. T. Rowe Price Exchange-Traded Funds, Inc. - T. Rowe Price Hedged Equity ETF is domiciled in the United States.