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TGRTT. Rowe Price Growth ETF

Grow my money3y track recordRanked #626 of 2,999 in this goal

Seeks long-term capital growth.

By T. Rowe Price · Launched 2023

Annual Cost

0.38%

#1,830 of 5,861 · low cost

Fund Size

$1.5B

#907 of 5,861 · large

Return (1Y)Goal

+8.1%

Track Record

3 years

#2,956 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,791+7.9%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Cap

Large

Strategy

Active selection

Factor

Growth

Index tracked

third-party growth-oriented index

What it actually holds

By weight

Concentration

Top 10 holdings = 60.7% of fundconcentrated

NVIDIA CORP
13.3%
APPLE INC
10.0%
MICROSOFT CORP
8.6%
ALPHABET INC CL A
7.5%
BROADCOM INC
5.3%
AMAZON.COM INC
4.8%
META PLATFORMS INC-CLASS A
3.6%
ELI LILLY & CO
2.7%
MASTERCARD INC - A
2.4%
VISA INC-CLASS A SHARES
2.4%

Asset allocation

Stocks
99.2%
Cash
0.8%

By sector

Technology
50.6%
Communication
15.5%
Consumer Cyclical
10.1%
Healthcare
9.3%
Industrials
7.0%
Financial Services
5.7%
Consumer Defensive
1.5%
Basic Materials
0.3%
Other
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
17.7%Moderate

Year-on-year price swings

Max drawdown
-22.0%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.85Decent risk-adjusted returns
Sortino (3Y)
1.24Good downside protection

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks long-term capital growth.
Strategy
Invests primarily in U.S. equity securities with growth characteristics, focusing on large-cap companies. Uses a growth style of investing, seeking above-average earnings and cash flow growth.
Inception date
June 14, 2023
Fund family
T. Rowe Price

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Closet indexing
Warning

You're paying active fees for an index

This fund charges active-management prices while tracking its benchmark almost perfectly (a high R²). The metrics below show how little active management you're getting for that premium: low tracking error and a fee well above the passive peer median.

96.5%
TE
3.6%
Beta
0.98
Fee
4× 0.10%

Sources: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04