v3.26.1
Shareholder Report
12 Months Ended
May 31, 2026
USD ($)
Holding
Shareholder Report [Line Items]  
Document Type N-CSR
Amendment Flag false
Registrant Name T. Rowe Price Exchange-Traded Funds, Inc.
Entity Central Index Key 0001795351
Entity Investment Company Type N-1A
Document Period End Date May 31, 2026
Shareholder Report Annual or Semi-Annual Annual Shareholder Report
C000264671  
Shareholder Report [Line Items]  
Fund Name Multi-Sector Income ETF
Trading Symbol TMSF
Security Exchange Name NASDAQ
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Multi-Sector Income ETF (the "fund") for the period of November 19, 2025 to May 31, 2026.
Additional Information [Text Block] You can find the fund’s prospectus, financial information on Form N-CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information at www.troweprice.com/prospectus. You can also request this information without charge by contacting T. Rowe Price at 1-800-638-5660 or info@troweprice.com or by contacting your intermediary.
Additional Information Phone Number 1-800-638-5660
Additional Information Email <span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 400; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">info@troweprice.com</span>
Additional Information Website www.troweprice.com/prospectus
Expenses [Text Block]

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Table Summary
Fund name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Multi-Sector Income ETF
$18
0.33%
Expenses Paid, Amount $ 18
Expense Ratio, Percent 0.33%
Factors Affecting Performance [Text Block]

What drove fund performance during the past 12 months?

  • Fixed income markets performed well over the past 12 months. Since the inception of the fund, on November 19, 2025, fixed income markets were mixed. Developed market sovereign yields rose in 2026 amid renewed inflation concerns, particularly following the outbreak of hostilities in Iran. However, credit sectors remained relatively resilient.

  • For the since-inception period through May 31, 2026, sector allocation added value relative to the Bloomberg U.S. Aggregate Bond Index. Exposure to high yield corporate bonds benefited relative performance. While the sector initially struggled following the outbreak of hostilities in Iran, high yield corporate bonds rebounded notably from their 2026 year-to-date low in late March as demand increased and risk sentiment turned more positive.

  • The fund’s underweight to agency mortgage-backed securities weighed on relative performance. The sector performed well, supported by periods of lower interest rate volatility and announcements that Fannie Mae and Freddie Mac would increase purchases of mortgage bonds to support housing affordability.

  • The fund seeks to provide high income and some capital appreciation through a broadly diversified portfolio of bonds and other debt instruments in an effort to take advantage of certain sectors with greater income potential. During the period, we generally favored underweight duration positions in key developed markets where we believed fiscal support and increased debt issuance could put upward pressure on sovereign bond yields.

  • The fund used derivatives during the period, including currency and interest rate derivatives, to help manage currency and duration positioning more efficiently.

 

Performance Past Does Not Indicate Future [Text] The fund’s past performance is not a good predictor of the fund’s future performance.
Line Graph [Table Text Block]
Growth of 10K Chart
Table Summary
ETF (Based on Net Asset Value)
(Regulatory/Strategy Benchmark)
11/19/25
$10,000
$10,000
2026
$10,339
$10,097
Average Annual Return [Table Text Block]
Table Summary
Fund
Since Inception 11/19/25
Multi-Sector Income ETF (Based on Net Asset Value)
3.39%
Bloomberg U.S. Aggregate Bond Index (Regulatory/Strategy Benchmark)
0.97%
Performance Inception Date Nov. 19, 2025
AssetsNet $ 28,830,000
Holdings Count | Holding 320
Advisory Fees Paid, Amount $ 49,000
InvestmentCompanyPortfolioTurnover 127.00%
Additional Fund Statistics [Text Block]

What are some fund statistics?

Fund Statistics

  • Total Net Assets (000s)$28,830
  • Number of Portfolio Holdings320
  • Investment Advisory Fees Paid (000s)$49
  • Portfolio Turnover Rate127.0%
Holdings [Text Block]

Security Allocation (as a % of Net Assets)

Table Summary
Corporate Bonds
51.8%
Asset-Backed Securities
13.2
Foreign Government Obligations & Municipalities
9.8
U.S. Government Agency Obligations (Excluding Mortgage-Backed)
6.3
Exchange-Traded Funds
4.3
Non-U.S. Government Mortgage-Backed Securities
4.2
Convertible Bonds
1.4
Bank Loans
1.2
Municipal Securities
0.6
Short-Term and Other
7.2
Largest Holdings [Text Block]

Top Ten Holdings (as a % of Net Assets) 

Table Summary
T. Rowe Price Floating Rate ETF
4.3%
U.S. Treasury Inflation-Indexed Notes
3.2
U.S. Treasury Inflation-Indexed Bonds
2.2
Colombia Government International Bonds
1.4
CVS Health
1.4
Carvana
1.3
Wells Fargo
1.1
Nigeria OMO Bills
1.1
VEON Holdings
1.0
Sasol Financing USA
1.0
Material Fund Change Name [Text Block]