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TNXT vs XDQQ

T. Rowe Price Innovation Leaders ETF vs Innovator ETFs Trust

TNXT

T. Rowe Price Innovation Leaders ETF

T. Rowe Price

Annual cost

0.49%

Fund size

$17M

XDQQ

Innovator ETFs Trust

Innovator ETFs

Annual cost

0.79%

Fund size

$54M

Key differences

  • TNXT costs 0.30% less per year.
  • XDQQ is significantly larger than TNXT — larger funds tend to be more liquid and less likely to close.
  • TNXT is classified as equity, while XDQQ is alternative — different risk/return profiles.
  • TNXT follows a index tracking strategy; XDQQ uses structured outcome.
  • XDQQ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TNXTXDQQ
Annual cost (TER)0.49%0.79%
Fund size (AUM)$17M$54M
Since20262021
Dividend yield0.00%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingstructured outcome
CAGR 1YN/A+18.7%
CAGR 3YN/A+19.3%
CAGR 5YN/A+9.1%
Sharpe 3YN/A0.89
Volatility 1Y13.87%
Max drawdown-12.96%-35.63%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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