T. Rowe Price Financials ETF
$28.08−0.03 (−0.11%)
- Expense ratio
- 0.44%
- Fund size
- $19M
- 1Y return
- +5.4%
- Yield · Last 12 months
- Data unavailable
- Holdings
- 64
- Volume · 30D
- 0M sh
- NAV per share
- $28.69
- 52W range
The ETF.net TFNS Grade
Score 37 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 29Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 58Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 34Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 48Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.FScore 20Category rank
Our read on TFNS
DT. Rowe Price's June 2025 entry in financials: a roughly 60-stock slice of banks and insurers at 0.44%, in a category where the incumbents are giant, near-free index trackers. A stock-picker's cut of the sector.
The fund pursues long-term capital appreciation and commits at least 80% of net assets to securities issued by financial companies, including banks and insurers.
Why people hold it
- Focused by design. Roughly 60 names rather than the full sector roster, so each bank or insurer position carries real weight.
- The mandate is written down: at least 80% of net assets in financial companies, with the S&P 500 Financial Index as the reference point. No drift into other sectors.
- At 0.44%, the fee lands exactly on the category median, so the non-index approach is priced at the middle of the market, not above it.
Worth knowing
- Cheap beta is the competition: XLF and FNCL cover financials at 0.08%, VFH at 0.09%. This runs 0.44%, so stock selection carries the whole case.
- A 2025 launch, so the track record is short and risk measures rest on limited history.
- Small and lightly traded next to the sector's household-name funds, which can mean wider bid-ask spreads than the giants show.
TFNS Holdings
- Stocks
- 64
- 51%
- BRK-B
Sectors
- Financials96.6%
- Technology1.8%
- Industrials1.6%
Geography
- United States90.19%
- Switzerland3.21%
- United Kingdom2.06%
- Israel1.81%
- Bermuda0.96%
- Ireland0.81%
- Korea (the Republic of)0.40%
- Puerto Rico0.32%
- 0.24%
TFNS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | TFNS |
|---|---|
| Year to date | +2.3% |
| 1 month | −4.9% |
| 3 months | +2.2% |
| 1 year | +5.4% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | TFNS |
|---|---|---|
| 2026 YTD | +2.3% | |
| 2025 | +10.4% |
TFNS in the news
ETF.net Research hasn’t filed on TFNS yet — coverage lands here as it’s written.
TFNS Dividends
- $0.14 per share
- Irregular
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 23, 2025 | Dec 26, 2025 | $0.14 |
TFNS Risk
- 11.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.80
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −14.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.31
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TFNS Cost
- The middle half of Financials (Broad) funds
- Median 0.37%
12 of the 18 Financials (Broad) funds charge less.