---
ticker: "TFNS"
name: "T. Rowe Price Financials ETF"
url: "https://etf.net/etf/TFNS"
grade: "D"
score: 37
graded_at: "2026-10-12"
category: "Financials (Broad)"
category_rank: "15 of 18"
methodology: "https://etf.net/methodology"
---

# TFNS: T. Rowe Price Financials ETF

Grade **D**, Score 37 of 100. Rank 15 of 18 in Financials (Broad).

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 29 | 13 of 18 |
| Mission | Not scored | — |
| Risk | 59 | 7 of 18 |
| Tradability | 29 | 16 of 18 |
| Holdings | 48 | 13 of 18 |
| Durability | 20 | 18 of 18 |

## Top holdings

The fund holds 82 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | BRK.B | Berkshire Hathaway Inc Class B Common Stock USD.0033 | 11.75% |
| 2 | V.BA | Visa Inc Class A Shares Common Stock USD.0001 | 7.47% |
| 3 | MA.BA | Mastercard Inc A Common Stock USD.0001 | 6.60% |
| 4 | JPM.NE | JPMorgan Chase & Co Common Stock USD1.0 | 4.88% |
| 5 | WFC | Wells Fargo & Co Common Stock USD1.666 | 4.55% |
| 6 | BAC | Bank of America Corp Common Stock USD.01 | 4.50% |
| 7 | GS.NE | Goldman Sachs Group Inc Common Stock USD.01 | 3.57% |
| 8 | SCHW | Schwab (Charles) Corp Common Stock USD.01 | 3.41% |
| 9 | C | Citigroup Inc Common Stock USD.01 | 3.37% |
| 10 | CB | Chubb Ltd Common Stock | 2.59% |
| 11 | MS | Morgan Stanley Common Stock USD.01 | 2.57% |
| 12 | COF | Capital One Financial Corp Common Stock USD.01 | 2.48% |
| 13 | BLK.NE | BlackRock Inc Common Stock USD.01 | 2.37% |
| 14 | MRSH | Marsh & Mclennan Cos Common Stock | 1.87% |
| 15 | USB | Us Bancorp Common Stock USD.01 | 1.50% |
| 16 | ALL.TA | Allstate Corp Common Stock USD.01 | 1.45% |
| 17 | MET | Metlife Inc Common Stock USD.01 | 1.27% |
| 18 | ICE | Intercontinental Exchange In Common Stock USD.01 | 1.25% |
| 19 | STT | State Street Corp Common Stock USD1.0 | 1.21% |
| 20 | CME | Cme Group Inc Common Stock USD.01 | 1.15% |
| 21 | AXP.BA | American Express Co Common Stock USD.2 | 1.10% |
| 22 | KKR | Kkr & Co Inc Common Stock USD.01 | 1.05% |
| 23 | PGR | Progressive Corp Common Stock USD1.0 | 0.99% |
| 24 | HBAN | Huntington Bancshares Inc Common Stock USD.01 | 0.99% |
| 25 | APO | Apollo Global Management Inc Common Stock USD.0001 | 0.99% |
| 26 | WAL | Western Alliance Bancorp Common Stock USD.0001 | 0.93% |
| 27 | GPN | Global Payments Inc Common Stock | 0.91% |
| 28 | SPGI | S+p Global Inc Common Stock USD1.0 | 0.88% |
| 29 | AON | Aon PLC Class A Common Stock | 0.87% |
| 30 | XYZ.AX | Block Inc Common Stock USD.0000001 | 0.85% |

Source: etf.net, https://etf.net/etf/TFNS. Please cite the page URL.