TGRW ETF — T. Rowe Price Growth Stock ETF

T. Rowe Price Growth Stock ETF (TGRW)

Updated October 16, 2026.

TGRW is an ETF. its expense ratio is 0.52%. Total return is 86.2% over the past 6.2 years, 64.0 points behind SPY at 150.2%.

T. Rowe Price Growth Stock ETF is an equity fund that invests at least 80% of its assets in stocks of companies exhibiting growth characteristics, typically focusing on large-capitalization companies with strong cash flow, above-average earnings growth, and the ability to sustain momentum through economic cycles. The fund does not currently distribute regular income to shareholders, though it has made special distributions in the past that should not be expected to recur; it carries an expense ratio of 0.52%. This fund appeals to growth-oriented investors seeking capital appreciation rather than current income.

TGRW performance versus SPY

Price and return data through 2026-10-16.

Total return is 86.2% over the past 6.2 years, 64.0 points behind SPY at 150.2%. Over the past year its total return — price change plus distributions reinvested — is 3.8%. Its deepest 1-year drawdown was 18.8%.

TGRW key facts

Issuer

T. Rowe Price

Asset type

ETF

Asset class

Equity

Inception date

08/04/2020

Expense ratio

0.52%

Distribution frequency

None

Last close

$46.75 (as of 2026-10-16)

AUM

$1,197,949,793

Average volume

16727.0

Ex-dividend date

12/20/2023

Payment date

12/26/2023

Beta

1.25

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 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.

TGRW risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 18.8%.

Who may consider TGRW — and who may not

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

More on TGRW

• All tickers starting with T

Tagged: Growth.

Frequently asked questions

More securities from T. Rowe Price.