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Beacon

TGRTT. Rowe Price Growth ETF

Grow my money3y track recordRanked #678 of 2,960 in this goal

Seeks to provide long-term capital growth.

By T. Rowe Price · Launched 2023

Annual Cost

0.38%

#1,874 of 5,562 · low cost

Fund Size

$1.3B

#982 of 5,562 · large

Return (1Y)Goal

+15.6%

Track Record

3 years

#3,032 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,656+16.6%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Large

Strategy

Active selection

Factor

Growth

Index tracked

third-party growth-oriented index

What it actually holds

By weight

Concentration

Top 10 holdings = 62.1% of fundconcentrated

NVIDIA CORP
12.5%
MICROSOFT CORP
10.5%
APPLE INC
9.7%
ALPHABET INC CL A
7.5%
BROADCOM INC
5.2%
AMAZON.COM INC
4.9%
META PLATFORMS INC-CLASS A
4.0%
ELI LILLY & CO
2.7%
VISA INC-CLASS A SHARES
2.6%
MASTERCARD INC - A
2.6%

Asset allocation

Stocks
99.8%
Cash
0.2%

By sector

Technology
53.9%
Communication
14.2%
Consumer Cyclical
11.5%
Healthcare
8.0%
Financial Services
5.3%
Industrials
5.1%
Consumer Defensive
1.5%
Basic Materials
0.3%
Other
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
16.8%Moderate

Year-on-year price swings

Max drawdown
-22.0%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to provide long-term capital growth.
Strategy
Invests primarily in U.S. equity securities with growth characteristics, typically focusing on large-cap companies. The adviser seeks firms with above-average earnings and cash flow growth, constructing the portfolio bottom-up based on individual stock evaluations.
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

Closet indexer — active fees, passive behavior

This fund charges active-management fees but closely tracks its benchmark index. You may be paying a premium for active management that does not meaningfully exist — a combination of high R² versus the benchmark, low tracking error, and a TER sitting well above the passive peer-group median.

R²
96.5%
TE
3.6%
Beta
0.98
Fee
3× 0.11%

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

Why we flagged this: strategy=active_selection + high_r_squared+low_tracking_error+near_market_beta+fee_premium

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 2026-06-19