TNXT vs TSPA
T. Rowe Price Innovation Leaders ETF against T. Rowe Price U.S. Equity Research ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
52%
88 shared positions
Fee gap
15 bp
TSPA is cheaper
1-year return gap
—
Larger fund
TSPA
$4.7B
Side by side
| TNXT | TSPA | |
|---|---|---|
| Fund | T. Rowe Price Innovation Leaders ETF | T. Rowe Price U.S. Equity Research ETF |
| Issuer | T. Rowe Price | T. Rowe Price |
| Category | Internet & Innovation | Total Market |
| Expense ratio | 0.49% | 0.34% |
| Assets | $18M | $4.7B |
| Average daily dollar volume | $21K | $17M |
| Listed | Jan 28, 2026 | Jun 8, 2021 |
| FrenzyCap score | 40 | 74 |
| 1-month return | +3.8% | +3.2% |
| 3-month return | +5.1% | +4.2% |
| Year to date | — | +15.3% |
| 1-year return | — | +16.4% |
| 30-day volatility | 14.2% | 10.6% |
| Worst drawdown, 1 year | −13.0% | −9.2% |
| Trailing 12-month yield | — | 0.54% |
| Holdings | 273 | 330 |
| Top 10 weight | 31.8% | 36.3% |
| Look-through P/E | 58.8 | 27.6 |
| Holdings vs fair value | +1.4% | +0.9% |
| Holdings above 200-day average | 78% | 72% |
| Net flow, latest 3 reported months | −$605K thru Jun 2026 | +$1.5B thru Jun 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
67% of TNXT · 60% of TSPA| Holding | TNXT | TSPA |
|---|---|---|
| NVDA | 7.22% | 7.39% |
| AAPL | 4.60% | 6.50% |
| AMZN | 3.02% | 3.71% |
| MSFT | 2.67% | 4.28% |
| AVGO | 2.75% | 2.65% |
| GOOGL | 2.57% | 2.59% |
| GOOG | 2.28% | 3.35% |
| MU | 1.86% | 2.03% |
| TSLA | 1.80% | 1.77% |
| AMD | 2.53% | 1.76% |
| LLY | 1.99% | 1.54% |
| META | 1.47% | 2.04% |
| INTC | 2.13% | 1.32% |
| MA | 1.14% | 1.07% |
| CAT | 0.86% | 0.88% |
| CSCO | 0.78% | 0.87% |
| LRCX | 1.00% | 0.70% |
| UNH | 0.97% | 0.69% |
| V | 1.45% | 0.66% |
| NFLX | 0.66% | 0.63% |
| PG | 0.60% | 0.60% |
| MRVL | 0.46% | 0.59% |
| GLW | 0.45% | 0.46% |
| PANW | 0.44% | 0.43% |
| ORCL | 0.64% | 0.39% |
Sector mix of the stock holdings
| Sector | TNXT | TSPA | Gap |
|---|---|---|---|
| Technology | 45.2% | 46.4% | −1.2% |
| Health Care | 22.1% | 8.0% | +14.1% |
| Industrials | 10.7% | 11.2% | −0.5% |
| Consumer Discretionary | 5.4% | 10.7% | −5.3% |
| Financials | 3.4% | 9.7% | −6.3% |
| Consumer Staples | 1.4% | 3.3% | −1.9% |
| Materials | 0.8% | 2.2% | −1.5% |
| Utilities | 0.0% | 2.8% | −2.8% |
| Energy | 0.3% | 2.5% | −2.2% |
| Communication Services | 1.0% | 1.4% | −0.3% |
| Real Estate | 0.0% | 1.5% | −1.5% |
More: full overlap table · TNXT holdings · TSPA holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.