TFNS ETF — T. Rowe Price Financials ETF

T. Rowe Price Financials ETF (TFNS)

Updated October 16, 2026.

TFNS is an ETF. its trailing-12-month yield is 0.48%, its expense ratio is 0.44%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 14.0% over the past 1.3 years, 14.5 points behind SPY at 28.5%.

T. Rowe Price Financials ETF is an ETF that invests at least 80% of its assets in securities of financial companies, including banks, insurers, capital markets firms, REITs, payment processors, and investment managers. The fund has a modest current distribution rate with annual distributions, though the latest payout was special and may not recur; it carries an expense ratio of 0.44%. This ETF appeals to investors seeking exposure to the financial sector with a focus on income generation.

TFNS performance versus SPY

Price and return data through 2026-10-16.

Total return is 14.0% over the past 1.3 years, 14.5 points behind SPY at 28.5%. Its deepest 1-year drawdown was 14.0%.

TFNS key facts

Distribution Safety Score™

50 · Unproven

Issuer

T. Rowe Price

Asset type

ETF

Asset class

Equity

Inception date

06/11/2025

Expense ratio

0.44%

Distribution frequency

Annual

Trailing yield

0.48%

Last close

$28.37 (as of 2026-10-16)

AUM

$18,539,227

Average volume

579.0

Dividend

$0.135

Ex-dividend date

12/23/2025

Payment date

12/26/2025

Beta

0.6701

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.48%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: T. Rowe Price; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

TFNS risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 14.0%.

Who may consider TFNS — and who may not

It is a weaker fit for investors who need monthly cash flow (TFNS pays annual); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on TFNS

• All tickers starting with T

Tagged: Financials.

Frequently asked questions

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