TFNS vs. GPZ

Last updated Apr 1, 2026

Compare and contrast key facts about T. Rowe Price Financials ETF (TFNS) and VanEck ETF Trust (GPZ).

TFNS and GPZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TFNS is an actively managed fund by T. Rowe Price. It was launched on Jun 11, 2025. GPZ is a passively managed fund by VanEck that tracks the performance of the MarketVector Alternative Asset Managers Index. It was launched on Jun 4, 2025.

Performance

TFNS vs. GPZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Financials ETF (TFNS) and VanEck ETF Trust (GPZ). The values are adjusted to include any dividend payments, if applicable.

TFNS vs. GPZ - Yearly Performance Comparison

	2026 (YTD)	2025
TFNS T. Rowe Price Financials ETF	-8.68%	10.41%
GPZ VanEck ETF Trust	-20.90%	7.07%

Returns By Period

In the year-to-date period, TFNS achieves a -8.68% return, which is significantly higher than GPZ's -20.90% return.

TFNS

• 1D: 2.15%
• 1M: -3.39%
• YTD: -8.68%
• 6M: -5.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GPZ

• 1D: 2.65%
• 1M: -2.74%
• YTD: -20.90%
• 6M: -21.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TFNS vs. GPZ - Expense Ratio Comparison

TFNS has a 0.44% expense ratio, which is higher than GPZ's 0.40% expense ratio.

TFNS

T. Rowe Price Financials ETF

GPZ

VanEck ETF Trust

Return for Risk

TFNS vs. GPZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Financials ETF (TFNS) and VanEck ETF Trust (GPZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TFNS	GPZ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	-0.61	+0.68

Correlation

The correlation between TFNS and GPZ is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TFNS vs. GPZ - Dividend Comparison

TFNS's dividend yield for the trailing twelve months is around 0.54%, less than GPZ's 1.05% yield.

	TTM	2025
TFNS T. Rowe Price Financials ETF	0.54%	0.49%
GPZ VanEck ETF Trust	1.05%	0.83%

Drawdowns

TFNS vs. GPZ - Drawdown Comparison

The maximum TFNS drawdown since its inception was -14.00%, smaller than the maximum GPZ drawdown of -31.72%. Use the drawdown chart below to compare losses from any high point for TFNS and GPZ.

Drawdown Indicators

	TFNS	GPZ	Difference
Max Drawdown Largest peak-to-trough decline	-14.00%	-31.72%	+17.72%
Current Drawdown Current decline from peak	-11.23%	-27.34%	+16.11%
Average Drawdown Average peak-to-trough decline	-3.10%	-9.54%	+6.44%

Volatility

Volatility by Period

	TFNS	GPZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.50%	26.76%	-11.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.50%	26.76%	-11.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.50%	26.76%	-11.26%