---
ticker: "TURF"
name: "T. Rowe Price Natural Resources ETF"
url: "https://etf.net/etf/TURF"
grade: "B"
score: 57
graded_at: "2026-10-12"
category: "Natural Resources"
category_rank: "7 of 14"
methodology: "https://etf.net/methodology"
---

# TURF: T. Rowe Price Natural Resources ETF

Grade **B**, Score 57 of 100. Rank 7 of 14 in Natural Resources.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 61 | 6 of 14 |
| Mission | Not scored | — |
| Risk | 37 | 11 of 14 |
| Tradability | 62 | 6 of 14 |
| Holdings | 76 | 2 of 14 |
| Durability | 46 | 8 of 14 |

## Top holdings

The fund holds 96 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | XOM.MX | Exxonmobil Holdings Corp Common Stock | 4.99% |
| 2 | SHEL.L | Shell PLC Common Stock EUR.07 | 4.68% |
| 3 | BHP.AX | Bhp Group Ltd Common Stock | 4.32% |
| 4 | NTR.TO | Nutrien Ltd Common Stock | 3.72% |
| 5 | ADM | Archer Daniels Midland Co Common Stock | 3.36% |
| 6 | CVX | Chevron Corp Common Stock USD.75 | 3.31% |
| 7 | — | Yuan Renminbi Offshore | 3.11% |
| 8 | AEM.TO | Agnico Eagle Mines Ltd Common Stock | 2.98% |
| 9 | FCX | Freeport Mcmoran Inc Common Stock USD.1 | 2.78% |
| 10 | CNQ.TO | Canadian Natural Resources Common Stock | 2.65% |
| 11 | SU.TO | Suncor Energy Inc Common Stock | 2.50% |
| 12 | COP | Conocophillips Common Stock USD.01 | 2.26% |
| 13 | TSN | Tyson Foods Inc Class A Common Stock USD.1 | 2.12% |
| 14 | GLEN.L | Glencore PLC Common Stock USD.01 | 2.09% |
| 15 | 002714.SZ | Muyuan Foods Group Co Ltd A Common Stock CNY1.0 | 1.87% |
| 16 | CF | Cf Industries Holdings Inc Common Stock USD.01 | 1.85% |
| 17 | CVE.TO | Cenovus Energy Inc Common Stock | 1.80% |
| 18 | MOWI.OL | Mowi Asa Common Stock NOK7.5 | 1.79% |
| 19 | TTE | Totalenergies SE Common Stock EUR2.5 | 1.75% |
| 20 | FNV.TO | Franco Nevada Corp Common Stock | 1.72% |
| 21 | UPM.HE | Upm Kymmene Oyj Common Stock | 1.56% |
| 22 | BG | Bunge Global SA Common Stock USD.01 | 1.53% |
| 23 | RIO.L | Rio Tinto PLC Common Stock GBP.1 | 1.52% |
| 24 | CCO.TO | Cameco Corp Common Stock | 1.48% |
| 25 | SALM.OL | Salmar Asa Common Stock NOK.25 | 1.39% |
| 26 | PETR4.SA | Petrobras Petroleo Bras Pr Preference | 1.32% |
| 27 | WPM.TO | Wheaton Precious Metals Corp Common Stock | 1.30% |
| 28 | — | United Plantations Bhd Common Stock | 1.27% |
| 29 | 601899.SS | Zijin Mining Group Co Ltd A Common Stock CNY.1 | 1.26% |
| 30 | VYLR | Vylor Inc Common Stock USD.01 | 1.19% |

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