TNXT vs. SGRT
TNXT (T. Rowe Price Innovation Leaders ETF) and SGRT (SMART Earnings Growth ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their 0.71 correlation means they have sometimes moved together and sometimes differently. TNXT charges 0.49%/yr vs 0.59%/yr for SGRT.
Performance
TNXT vs. SGRT - Performance Comparison
Loading charts...
Returns By Period
TNXT
- 1D
- 0.05%
- 1M
- -1.91%
- 6M
- 10.67%
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
SGRT
- 1D
- -0.19%
- 1M
- -7.04%
- 6M
- 20.49%
- YTD
- 25.07%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $998.46K | $1.36M | $2.23M | |
| $19.23K | $12.64K | $54.16K |
TNXT vs. SGRT - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
TNXT T. Rowe Price Innovation Leaders ETF | 8.98% |
SGRT SMART Earnings Growth ETF | 15.55% |
Correlation
The correlation between TNXT and SGRT is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 29, 2026 | 0.71 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TNXT vs. SGRT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Innovation Leaders ETF (TNXT) and SMART Earnings Growth ETF (SGRT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Drawdowns
TNXT vs. SGRT - Drawdown Comparison
The maximum TNXT drawdown since its inception was -13.11%, smaller than the maximum SGRT drawdown of -24.98%. Use the drawdown chart below to compare losses from any high point for TNXT and SGRT.
Loading charts...
Drawdown Indicators
| TNXT | SGRT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.11% | -24.98% | +11.87% |
Current DrawdownCurrent decline from peak | -3.31% | -18.61% | +15.30% |
Average DrawdownAverage peak-to-trough decline | -3.24% | -4.25% | +1.01% |
Volatility
TNXT vs. SGRT - Volatility Comparison
Loading charts...
Volatility by Period
| TNXT | SGRT | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 20.96% | 38.93% | -17.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.96% | 38.93% | -17.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.96% | 38.93% | -17.97% |
TNXT vs. SGRT - Expense Ratio Comparison
TNXT has a 0.49% expense ratio, which is lower than SGRT's 0.59% expense ratio.
Dividends
TNXT vs. SGRT - Dividend Comparison
TNXT has not paid dividends to shareholders, while SGRT's dividend yield for the trailing twelve months is around 0.13%.
| Position | TTM | 2025 |
|---|---|---|
SGRT SMART Earnings Growth ETF | 0.13% | 0.16% |
TNXT T. Rowe Price Innovation Leaders ETF | 0.00% | 0.00% |
Frequently Asked Questions
TNXT and SGRT have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TNXT is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TNXT is cheaper with a 0.49% expense ratio, compared with 0.59% for SGRT.
SGRT has the higher dividend yield at 0.13%, compared with 0.00% for TNXT.
Their fees differ too: 0.49% for TNXT and 0.59% for SGRT.
Find the right allocation for TNXT and SGRT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer