T. Rowe Price Natural Resources ETF (TURF) Performance
TURF total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +17.5% since Dec 31, 2025
- 1 year
- +25.6% total return
- Since first price
- +37.5% since 2025
TURF trailing returns vs SPY, QQQ, AGG
| Period | TURF total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.2% | −1.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.7% | +3.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −1.7% | −1.7% | +7.8% | +8.4% | −1.5% |
| YTD | +17.5% | +17.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +25.6% | +23.8% | +14.4% | +15.9% | −1.1% |
| Since inceptionJun 12, 2025 | +37.5% | +35.5% | — | — | — |
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: TURF vs SPY
From Jun 12, 2025: TURF grew to $13,750, SPY to $12,796.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TURF returns by calendar year
2026 is year to date.
TURF annual returns table
| Year | TURF | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +17.5% | −13.2% | +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.
TURF largest drawdowns
Now 6.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 2, 2026 | −13.2% | Jul 1, 2026 | Aug 21, 2026 | 4 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.
TURF risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +27.1% |
| Volatility (annualized) | 20.4% |
| Sharpe ratio | 1.10 |
| Sortino ratio | 2.07 |
| Best month | +11.9% |
| Worst month | −9.2% |
| Best 12 months | +35.9% |
| Worst 12 months | +23.1% |
| Positive months | 60% |
| 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.
TURF rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 5 | +23.1% | +26.5% | +35.9% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
TURF performance overview
T. Rowe Price Natural Resources ETF (TURF) returned +25.6% over the past year, with distributions reinvested. Since its first recorded price on Jun 12, 2025 it has returned +37.5%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −13.2%, from Mar 2, 2026 to Jul 1, 2026, and it took 51 days to get back to the old high. Volatility has been 20.4% a year.
Related: TURF chart, TURF holdings, TURF dividends. See the TURF overview for the latest quote and fund facts.
TURF performance FAQ
What is the TURF return over the past year?
TURF returned +25.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 23.8%.
How much would $10,000 invested in TURF be worth?
$10,000 invested in TURF at its first recorded close on June 12, 2025 would be worth about $13,750 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of TURF?
The largest peak-to-trough decline was −13.2% between March 2, 2026 and July 1, 2026. It recovered to the old high on August 21, 2026, 51 days after the bottom.
How volatile is TURF?
Over the past history TURF had an annualized volatility of 20.4% and a Sharpe ratio of 1.10 (excess return over 1–3 month T-bills per unit of risk).