T. Rowe Price Exchange-Traded Funds, Inc. - T. Rowe Price Total Return ETF is an exchange traded fund launched and managed by T. Rowe Price Associates, Inc. The fund is co-managed by T. Rowe Price International Ltd. and T. Rowe Price Hong Kong Limited. The fund invests in fixed income markets of the United States. It invests directly and through derivatives in debt instruments issued by the U.S. government and its agencies, corporate bonds, bank loans, and various types of mortgage-backed and asset-backed securities of varying maturities. The fund uses derivatives such as options, futures, forwards and swaps to create its portfolio. It invests in securities of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to benchmark the performance of its portfolio against the Bloomberg U.S. Aggregate Bond Index. T. Rowe Price Exchange-Traded Funds, Inc. - T. Rowe Price Total Return ETF was formed on September 28, 2021 and is domiciled in the United States.