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Launched

T. Rowe Price Financials ETF

TFNSNasdaqT. Rowe PriceD

$29.36+0.60 (+2.07%)

At close: Nov 2, 2026, 4:00 PM ET

D35/ 100

Rank 15 of 18 in Financials (Broad)

D35/100Rank 15 of 18inFinancials (Broad)
Intraday session: up, 77 prints from 28.76 to 29.36. Range 29.10 to 29.44. Use the arrow keys to read each point.28.9029.0029.1029.2010 AM12 PM2 PM4 PM
Expense ratio
0.44%
Fund size
$18M
1Y total return
+11.8%
Yield · Last 12 months
No data
Holdings
83
Avg volume · 30D
5.5K sh
52W range
low $24.30high $30.11
Launched

The ETF.net TFNS Grade

Based on 5 of 6 pillars

D

Score 35 out of 100

Category
Financials (Broad)⁠
Rank
15 of 18
Six-pillar profile for TFNS. Scores out of 100: Cost 29, Risk 58, Mission not scored, Tradability 25, Holdings 46, Durability 20. Strongest: Risk (58). Weakest: Durability (20). Based on 5 of 6 pillars.

Score 35 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 100
    Rank 13 of 18

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B58 out of 100
    Rank 5 of 18

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D25 out of 100
    Rank 16 of 18

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C46 out of 100
    Rank 13 of 18

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F20 out of 100
    Rank 18 of 18

Our read on TFNS

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Jun 11, 2025

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$11,175
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. TFNS $11,175. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for TFNS. Periods over one year show the average yearly return.
PeriodTFNS
Year to date+4.9%
1 month+5.2%
3 months−1.5%
1 year+11.8%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for TFNS
YearReturn barTFNS
2026 YTD+4.9%
2025+10.4%

History from Jun 12, 2025

TFNS in the news

TFNS Dividends

Last payment
$0.14 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 23, 2025 $0.14. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 26, 2025$0.14

$10,000 in TFNS 1 year ago paid $52.08 in dividends.

TFNS Risk

Risk pillarB58 out of 100Rank 5 of 18 in Financials (Broad)
How much the fund’s monthly returns vary, scaled to a year.
14.0%
Annualised · 16 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.44
vs 3-month T-bills · 16 months to Oct 2026
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.

The largest fall from a peak to the low that followed.
−14.0%
16 months · trough Mar 2026
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.

How strongly the fund’s returns move with its asset-class index.
0.31
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

TFNS Cost

Compare TFNS and XLF

Overpaying vs XLF, cheapest in Financials (Broad)

$7,163

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • TFNS 0.44%

    $8,852

  • XLF 0.08% Cheapest

    $1,689

$10,000
30 years

Cost over time

  • TFNS 0.44%
  • XLF 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530TFNS $8,852XLF $1,689

Year by year

YearTFNSXLFOverpaying
10$794$147$647
20$3,061$575$2,486
30$8,852$1,689$7,163

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