T. Rowe Price Financials ETF (TFNS) Performance
TFNS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +3.9% since Dec 31, 2025
- 1 year
- +10.4% total return
- Since first price
- +14.7% since 2025
TFNS trailing returns vs SPY, QQQ, AGG
| Period | TFNS total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.2% | +2.2% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.1% | −0.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.1% | +8.1% | +7.8% | +8.4% | −1.5% |
| YTD | +3.9% | +3.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +10.4% | +9.8% | +14.4% | +15.9% | −1.1% |
| Since inceptionJun 12, 2025 | +14.7% | +14.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: TFNS vs SPY
From Jun 12, 2025: TFNS grew to $11,469, SPY to $12,796.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TFNS returns by calendar year
2026 is year to date.
TFNS annual returns table
| Year | TFNS | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +3.9% | −14.0% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
TFNS largest drawdowns
Now 4.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 6, 2026 | −14.0% | Mar 27, 2026 | Jul 2, 2026 | 3 months | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
TFNS risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +5.7% |
| Volatility (annualized) | 13.8% |
| Sharpe ratio | 0.20 |
| Sortino ratio | 0.30 |
| Best month | +6.5% |
| Worst month | −7.5% |
| Best 12 months | +14.4% |
| Worst 12 months | +3.7% |
| Positive months | 53% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
TFNS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 5 | +3.7% | +10.7% | +14.4% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
TFNS performance overview
T. Rowe Price Financials ETF (TFNS) returned +10.4% over the past year, with distributions reinvested. Since its first recorded price on Jun 12, 2025 it has returned +14.7%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −14.0%, from Jan 6, 2026 to Mar 27, 2026, and it took 3 months to get back to the old high. Volatility has been 13.8% a year.
Related: TFNS chart, TFNS holdings, TFNS dividends, TFNS valuation. See the TFNS overview for the latest quote and fund facts.
TFNS performance FAQ
What is the TFNS return over the past year?
TFNS returned +10.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 9.8%.
How much would $10,000 invested in TFNS be worth?
$10,000 invested in TFNS at its first recorded close on June 12, 2025 would be worth about $11,469 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of TFNS?
The largest peak-to-trough decline was −14.0% between January 6, 2026 and March 27, 2026. It recovered to the old high on July 2, 2026, 3 months after the bottom.
How volatile is TFNS?
Over the past history TFNS had an annualized volatility of 13.8% and a Sharpe ratio of 0.20 (excess return over 1–3 month T-bills per unit of risk).