TNXT – T. Rowe Price Innovation Leaders ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide long-term capital growth. The fund primarily invests in securities of issuers that are leaders in innovation and are distinguished by their development of advanced technologies, products, and business models, or issuers that are poised to benefit from innovations in other sectors. The fund primarily invests in securities of companies in global, developed markets. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
TNXT	T. Rowe Price Innovation Leaders ETF	ETF	Open	—	—	Jan 28, 2026	$19.39M	0.490%	—	—	—

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