T. Rowe Price Innovation Leaders ETF (TNXT) belongs to the Large Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with TNXT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TNXT
TNXT charges 0.49% annually. There are 100 ETFs in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Morningstar U.S. Equity ETF | 0.03% | 1.29B | Jun 2004 | TNXT vs ILCB | |
| Vanguard Growth ETF | 0.03% | 393.80B | Jan 2004 | TNXT vs VUG | |
| iShares Morningstar Growth ETF | 0.04% | 3.24B | Jun 2004 | TNXT vs ILCG | |
| Invesco PureBeta MSCI USA ETF | 0.04% | 11.43B | Sep 2017 | TNXT vs PBUS | |
| iShares Core S&P U.S. Growth ETF | 0.04% | 32.41B | Jul 2000 | TNXT vs IUSG |
Best Risk-Adjusted Alternatives to TNXT
Among 189 ETFs in the Large Cap Growth Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 88.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Impact Shares NAACP Minority Empowerment ETF | 88 | 59.00M | Jul 2018 | TNXT vs NACP | |
| Grizzle Growth ETF | 87 | 33.20M | Dec 2021 | TNXT vs DARP | |
| Hartford Multifactor US Equity ETF | 87 | 692.72M | Feb 2015 | TNXT vs ROUS | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 85 | 290.05M | Aug 2017 | TNXT vs MFUS | |
| Wahed FTSE USA Shariah ETF | 84 | 931.20M | Jul 2019 | TNXT vs HLAL |
Top Performing TNXT Alternatives (YTD)
Among 211 ETFs in the Large Cap Growth Equities category with YTD return data, the top-performing alternatives shown here go as high as 39.14%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| SMART Earnings Growth ETF | 39.14% | 50.41M | Aug 2025 | TNXT vs SGRT | |
| Roundhill Meme Stock ETF | 33.87% | 20.57M | Oct 2025 | TNXT vs MEME | |
| Mango Growth ETF | 32.07% | 239.95M | Dec 2025 | TNXT vs GARY | |
| US Vegan Climate ETF | 30.83% | 186.14M | Sep 2019 | TNXT vs VEGN | |
| Franklin Intelligent Machines ETF | 30.26% | 108.03M | Feb 2020 | TNXT vs IQM |
Lowest Volatility Alternatives to TNXT
TNXT has 21.23% 1-year volatility. There are 182 ETFs in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 7.96%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Core Alternative ETF | 7.96% | 39.10M | May 2017 | TNXT vs CCOR | |
| SPDR MSCI USA StrategicFactors ETF | 9.15% | 1.54B | Apr 2015 | TNXT vs QUS | |
| Invesco Dividend Achievers™ ETF | 9.40% | 785.89M | Sep 2005 | TNXT vs PFM | |
| iShares Core Dividend Growth ETF | 9.52% | 42.05B | Jun 2014 | TNXT vs DGRO | |
| T. Rowe Price Dividend Growth ETF | 9.71% | 1.39B | Aug 2020 | TNXT vs TDVG |
Lowest Drawdown Alternatives to TNXT
Among 189 ETFs in the Large Cap Growth Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -5.45%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverFront Dynamic US Dividend Advantage ETF | -5.45% | 87.62M | Jun 2016 | TNXT vs RFDA | |
| Hartford Multifactor US Equity ETF | -5.97% | 692.72M | Feb 2015 | TNXT vs ROUS | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | -6.39% | 290.05M | Aug 2017 | TNXT vs MFUS | |
| iShares Core Dividend Growth ETF | -6.47% | 42.05B | Jun 2014 | TNXT vs DGRO | |
| SPDR MSCI USA StrategicFactors ETF | -6.85% | 1.54B | Apr 2015 | TNXT vs QUS |
Other ETFs from T. Rowe Price
The 10 most viewed T. Rowe Price ETFs shown here include TCAF, TFLR, TBUX and span 7 categories. AUM among these funds goes as high as $8B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Capital Appreciation Equity ETF | Large Cap Blend Equities | 50 | 9.68% | 7.67B | Jun 2023 | TNXT vs TCAF | |
| T. Rowe Price Floating Rate ETF | Bank Loan | 80 | 1.68% | 662.55M | Nov 2022 | TNXT vs TFLR | |
| T. Rowe Price Ultra Short-Term Bond ETF | Ultrashort Bond | 99 | 2.09% | 1.24B | Sep 2021 | TNXT vs TBUX | |
| T. Rowe Price Blue Chip Growth ETF | Large Cap Growth Equities | 20 | 1.34% | 2.19B | Aug 2020 | TNXT vs TCHP | |
| T. Rowe Price US Equity Research ETF | Large Cap Blend Equities | 65 | 11.57% | 4.16B | Jun 2021 | TNXT vs TSPA | |
| T. Rowe Price Growth Stock ETF | Large Cap Growth Equities | 23 | 3.81% | 1.03B | Aug 2020 | TNXT vs TGRW | |
| T. Rowe Price International Equity ETF | Foreign Large Cap Equities | 44 | 11.36% | 1.55B | Jun 2023 | TNXT vs TOUS | |
| T. Rowe Price U.S. High Yield ETF | High Yield Bonds | 62 | 2.09% | 845.86M | Oct 2022 | TNXT vs THYF | |
| T. Rowe Price Growth ETF | Large Cap Growth Equities | 25 | 4.49% | 1.51B | Jun 2023 | TNXT vs TGRT | |
| T. Rowe Price Capital Appreciation Premium Income ... | Derivative Income | 15 | 2.86% | 280.59M | Mar 2025 | TNXT vs TCAL |
Often Compared With TNXT
Investors most often compare TNXT with ITOT, AVUS, BBUS. These 14 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare TNXT with Any Fund or Stock
Compare TNXT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TNXT with funds that move differently
T. Rowe Price Innovation Leaders ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TNXT.
Explore TNXT Diversifiers