T. Rowe Price Financials ETF
$28.10−0.13 (−0.44%)
- 0.44%
- $18M
- +10.5%
- 0M sh
- $28.08
- low $24.30high $30.11
The ETF.net TFNS Grade
D
Score 37 out of 100
- 15 of 18
Score 37 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D29 out of 100Rank 13 of 18Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B59 out of 100Rank 7 of 18Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D29 out of 100Rank 16 of 18Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C48 out of 100Rank 13 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F20 out of 100Rank 18 of 18
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
- 82
- 53%
- BRK.B
Sectors
- Financials97.3%
- Technology1.8%
- Industrials0.9%
Geography
- United States90.34%
- Switzerland3.16%
- United Kingdom1.96%
- Israel1.69%
- Bermuda0.95%
- Ireland0.87%
- Korea (the Republic of)0.35%
- Brazil0.35%
- 0.32%
TFNS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
TFNS$11,051
Returns run to the Oct 12, 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 | +2.7% |
| 1 month | −4.0% |
| 3 months | −1.3% |
| 1 year | +10.5% |
| 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 | +2.7% | |
| 2025 | +10.4% |
TFNS in the news
TFNS Dividends
- $0.14 per share
- Irregular
Distribution data unavailable.
Distribution history
TFNS Risk
- 13.8%
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.
- 0.19
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
0.44%
TFNS0.44%
- The middle half of Financials (Broad) funds
- Median 0.37%
12 of the 18 Financials (Broad) funds charge less.
Other funds in Financials (Broad)
- CIAIiShares U.S. Broker-Dealers & Securities Exchanges ETFExpense ratio 0.37%1 year return +5.5%
- CEUFNiShares MSCI Europe Financials ETFExpense ratio 0.49%1 year return +20.0%
- DPFIInvesco Dorsey Wright Financial Momentum ETFExpense ratio 0.78%1 year return +6.9%
- FKBWDInvesco KBW High Dividend Yield Financial ETFExpense ratio 5.39%1 year return −8.4%
- FBCFNBaron Financials ETFExpense ratio 0.80%1 year return —