Key stats
About T. Rowe Price Innovation Leaders ETF
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Inception date
Jan 28, 2026
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
T. Rowe Price Associates, Inc. (IM)
Distributor
T. Rowe Price Investment Services, Inc.
Identifiers
3
ISIN US87283Q6695
TNXT invests in securities of innovation leaders characterized by advanced technologies, products, and business models, including those benefiting from secular trends in innovation. It is an actively managed fund which combines top-down growth trend evaluation with bottom-up analysis to identify companies with potential opportunities. Key factors considered include long-term earnings growth potential, research and development expenditure, pricing power, and technological advantage. Sector allocations adjust in response to innovation trends, with risk exposure and economic sector concentration managed accordingly. Investments primarily target large- and mid-cap companies in global developed markets, with possible exposure to emerging markets. The fund mainly invests in common stock and depositary receipts, including ADRs and GDRs, to pursue its investment objective of long-term capital growth.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Health Technology
Technology Services
Stocks99.28%
Electronic Technology29.84%
Health Technology24.13%
Technology Services17.90%
Finance7.12%
Retail Trade5.21%
Commercial Services4.95%
Producer Manufacturing3.24%
Consumer Durables2.30%
Consumer Non-Durables1.28%
Health Services0.76%
Industrial Services0.70%
Distribution Services0.63%
Utilities0.63%
Transportation0.34%
Communications0.24%
Bonds, Cash & Other0.72%
Cash0.72%
Stock breakdown by region
North America79.29%
Europe12.79%
Asia6.48%
Middle East0.75%
Latin America0.63%
Oceania0.06%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TNXT invests in stocks. The fund's major sectors are Electronic Technology, with 29.84% stocks, and Health Technology, with 24.13% of the basket. The assets are mostly located in the North America region.
TNXT top holdings are NVIDIA Corporation and Apple Inc., occupying 7.14% and 5.06% of the portfolio correspondingly.
TNXT assets under management is 14.79 M USD. It's fallen 3.25% over the last month.
TNXT fund flows account for 0.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, TNXT doesn't pay dividends to its holders.
TNXT shares are issued by T. Rowe Price Group, Inc. under the brand T. Rowe Price. The ETF was launched on Jan 28, 2026, and its management style is Active.
TNXT expense ratio is 0.49% meaning you'd have to pay 0.49% of your investment to help manage the fund.
TNXT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TNXT invests in stocks.
TNXT trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.