TNXT · T. Rowe Price

T. Rowe Price Innovation Leaders ETF

See how 245 reported holdings combine into this ETF’s P/E and P/S. Market value, signed ordinary earnings and revenue are added before each ratio is calculated.

Holdings dated 31 March 2026Price US$27.96 as of 15 September 2026Holdings available · disclosure too old for reliability

Holdings dated 31 March 2026 are 175 days old, beyond this source’s 155-day reliability limit. Ratios remain available as dated research; calculations are unchanged and are not labelled reliable.

Core valuation

Trailing P/E42.99×94.18% coverage

Latest-quarter run-rate P/E37.74×94.18% coverage

Trailing P/S3.36×90.51% coverage

Latest-quarter run-rate P/S3.21×90.45% coverage

Coverage is the share of positive eligible-equity holding value represented in each metric. The published holdings account for 99.98% of fund weight. The reliability standard requires at least 90.00% disclosed fund weight and metric coverage, with no individual uncovered holding above 1.00%.

Largest reported holdings

Largest reported ETF holdings with weights and trailing valuation ratios
Holding	Weight	Trailing P/E	Trailing P/S
NVDANVIDIA CORP COMMON STOCK USD.001	7.18%	31.99×	20.14×
AAPLAPPLE INC COMMON STOCK USD.00001	4.62%	37.70×	10.41×
MSFTMICROSOFT CORP COMMON STOCK USD.00000625	3.09%	28.06×	11.31×
AVGOBROADCOM INC COMMON STOCK	2.86%	55.94×	21.73×
AMZNAMAZON.COM INC COMMON STOCK USD.01	2.56%	20.22×	3.53×
GOOGLALPHABET INC CL A COMMON STOCK USD.001	2.11%	17.62×	9.65×
GOOGLALPHABET INC CL C COMMON STOCK USD.001	2.03%	17.62×	9.65×
METAMETA PLATFORMS INC CLASS A COMMON STOCK USD.000006	1.93%	25.08×	7.48×
TSLATESLA INC COMMON STOCK USD.001	1.91%	372.70×	13.68×
2330.TWTAIWAN SEMICONDUCTOR SP ADR ADR	1.86%	31.77×	14.93×

Top 10 of 245 reported holdings. * A holding uses its latest full-year result only when both trailing and latest-quarter inputs are unavailable; open the stock for the exact year end.

Most similar funds

Ranked by shared weight across matching disclosed company holdings and explicitly reported same-currency cash.

TTEQ · T. Rowe Price Technology ETF50.29% holdings overlap · Nasdaq
US77954P1084 · T. Rowe Price U.S. Equity Research Fund48.03% holdings overlap · United States
NYSX · Global X NYSE 100 ETF47.80% holdings overlap · NYSE Arca
TSPA · T. Rowe Price US Equity Research ETF47.42% holdings overlap · NYSE Arca
KLMN · Invesco MSCI North America Climate ETF46.48% holdings overlap · US market

Sources and limitations

Holdings are sourced from T. Rowe Price and company financial inputs retain primary-source links. Monetary values are normalised to USD. Corporate actions, reporting lags, unmapped securities and cash can create differences from provider figures.

Open official holdings source

Research holdings date: 31 March 2026. Informational research, not investment advice.