TURF ETF — T. Rowe Price Natural Resources ETF

T. Rowe Price Natural Resources ETF (TURF)

Updated October 16, 2026.

TURF is an ETF. its trailing-12-month yield is 1.25%, its expense ratio is 0.44%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 39.2% over the past 1.3 years, 10.7 points ahead of SPY at 28.5%.

This ETF invests at least 80% of its assets in upstream natural resource companies engaged in exploration, extraction, and development activities, with a non-diversified portfolio structure. The fund carries a modest current distribution rate and an expense ratio of 0.44%, with annual distributions; note that its latest payout was special and may not recur at the same level. The fund appeals to investors seeking exposure to natural resource equities with an income component, though the non-diversified approach carries concentrated risk.

TURF performance versus SPY

Price and return data through 2026-10-16.

Total return is 39.2% over the past 1.3 years, 10.7 points ahead of SPY at 28.5%. Its deepest 1-year drawdown was 13.2%.

TURF 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

1.25%

Last close

$34.51 (as of 2026-10-16)

AUM

$346,263,605

Average volume

12277.0

Dividend

$0.432

Ex-dividend date

12/23/2025

Payment date

12/26/2025

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 (1.25%) 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.

TURF risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 13.2%.

Who may consider TURF — and who may not

It is a weaker fit for investors who need monthly cash flow (TURF pays annual). This is educational context, not a recommendation to buy or sell.

More on TURF

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Frequently asked questions

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