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TURF T. Rowe Price Natural Resources ETF

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$33.10
+0.6% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

Over the year to Nov 4, 2026, TURF returned 25.6%, against 26.8% for GUNR.

Why did TURF return +25.6% over one year, against GUNR’s +26.8%?What does TURF hold that the S&P 500 does not?What do TURF’s net flows of +$3.3m over the since Nov 2026 mean?
Holds 84 stocks in natural resources, 30% of its weight in S&P 500 companiesT. Rowe Price ↗Expense ratio 0.44%Fund assets $335m on Nov 3, 2026First traded Jun 12, 2025Benchmark Morningstar Global Upstream Natural Resources Index Net, measured by GUNR, which tracks the same indexSEC filings ↗Every T. Rowe Price fund ETFIQ coversDividend history

Promise check: Not measuredETFIQ has not yet listed which companies belong to the natural resources theme.

Compare with…Trading costsPut to the committeeaskIQ about TURFAdd to portfolioFlowsAlerts

TURF risk and return scorecard

Not measured: no scorecard was computed for this fund.

Method

Money in and out

Net fund flows · Nov 3, 2026
Latest day
+$3.3m
Since Nov 2026
+$3.3m
In on 1 day, out on 0. 63 days missing.
askIQ: what do these flows mean? ↗

What you earned

TURF −2.4%, GUNR −1.0%: total return over one month to Nov 4, 2026.
TURF−2.4%
GUNR−1.0%
TURF +0.3%, GUNR +1.3%: total return over three months to Nov 4, 2026.
TURF+0.3%
GUNR+1.3%
TURF −5.5%, GUNR −2.5%: total return over six months to Nov 4, 2026.
TURF−5.5%
GUNR−2.5%
TURF +14.1%, GUNR +17.4%: total return over the year to Nov 4, 2026.
TURF+14.1%
GUNR+17.4%
TURF +25.6%, GUNR +26.8%: total return over one year to Nov 4, 2026.
TURF+25.6%
GUNR+26.8%
TURF +33.5%, GUNR +36.0%: total return since launch to Nov 4, 2026.
TURF+33.5%
GUNR+36.0%
askIQ: why did TURF return +25.6% over one year, against GUNR’s +26.8%? ↗

What did you actually buy?

Natural resources · holdings as of Jun 30, 2026
30.2%
Already in the S&P 500
Report
97.9%
Active share vs the S&P 500
Report
36.7%
Top ten holdings
Report
+25.6%
Total return, 1 year
Report
1.6%
12-month yield, capital gains included, on its starting price
Report
$0.432
Last payment, ex-date Dec 23, 2025
Report
Share already in the S&P 500
30.2% of the fund by weight, holdings as of Jun 30, 2026.
Ten largest holdings
CORTEVA INC6.4%
EXXON MOBIL CORP4.1%
BHP GROUP LTD4.1%
SHELL PLC4.0%
NUTRIEN LTD3.8%
ARCHER-DANIELS-MIDLAND CO3.5%
CHEVRON CORP2.9%
AGNICO EAGLE MINES LTD2.7%
FREEPORT-MCMORAN INC2.6%
TYSON FOODS INC-CL A2.5%
askIQ: what does TURF hold that the S&P 500 does not? ↗

More on TURF

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Price, 1 year

$33.10+0.6%1 day, priceClose, Nov 4, 2026

Price only. Total return over the same days, distributions reinvested, was +25.6%. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error

Points (pts) are percentage points.

TURF returns by window: total return, cash paid and price change
WindowTotal returnBenchmark (GUNR)Gap to GUNRS&P 500 (SPY)
1M Oct 5 – Nov 4, 2026−2.4%−1.0%−1.4 pts−1.0%
3M Aug 5 – Nov 4, 2026+0.3%+1.3%−1.0 pts−0.1%
6M May 6 – Nov 4, 2026−5.5%−2.5%−3.0 pts+5.0%
YTD Dec 31, 2025 – Nov 4, 2026+14.1%+17.4%−3.3 pts+13.3%
1Y Nov 4, 2025 – Nov 4, 2026+25.6%+26.8%−1.2 pts+14.8%
Since launch Jun 12, 2025 – Nov 4, 2026+33.5%+36.0%−2.5 pts+29.1%
Since launch, annualised Jun 12, 2025 – Nov 4, 2026+23.0%–––

Total returns, distributions reinvested. Listed Jun 2025: no 3 years windows.

Source: Tiingo end-of-day prices, with distributions reinvested.

Money in and out

Daily data · as of Nov 3, 2026

TURF: in the 2 trading days to Nov 3, 2026, net $3.3m came in.

1D
+$3.3m
1.0% of $335m on Nov 2, 2026
Nov 3, 2026
Since Nov 2026
+$3.3m
Nov 2, 2026 to Nov 3, 2026
Net flow each trading day
Net flow into TURF each trading day, Aug 4, 2026 to Nov 3, 2026+$3.3mmonthly, from SEC filingsdaily, from T. Rowe Price+$3.3m−$3.3mAug 4, 2026Nov 3, 2026

TURF, net flow each trading day over the 65 sessions from Aug 4, 2026 to Nov 3, 2026: money came in on 1 day and went out on 0 days, of the 2 days with daily data; the other 63 have none. Before Nov 2, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

In on 1 day, out on 0. 63 days missing.

Net flow into TURF each trading day, Nov 4, 2025 to Nov 3, 2026+$3.3mmonthly, from SEC filingsdaily, from T. Rowe Price+$3.3m−$3.3mNov 4, 2025Nov 3, 2026

TURF, net flow each trading day over the 251 sessions from Nov 4, 2025 to Nov 3, 2026: money came in on 1 day and went out on 0 days, of the 2 days with daily data; the other 249 have none. Before Nov 2, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

In on 1 day, out on 0. 249 days missing.

Net flow into TURF each trading day, Apr 2, 2025 to Nov 3, 2026+$3.3mmonthly, from SEC filingsdaily, from T. Rowe Price+$3.3m−$3.3mApr 2, 2025Nov 3, 2026

TURF, net flow each trading day over the 400 sessions from Apr 2, 2025 to Nov 3, 2026: money came in on 1 day and went out on 0 days, of the 2 days with daily data; the other 398 have none. Before Nov 2, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

In on 1 day, out on 0. 398 days missing.

Money in, netMoney out, netMonthly basis
Streak
Money in on its last trading day, Nov 3, 2026, a net +$3.3m.

Daily data starts Nov 2, 2026.

How this is computed

Computed by ETFIQ from T. Rowe Price’s daily data: each day’s change in shares outstanding times the previous day’s net asset value. Percentages are of net assets at the start of each window. Numbers are net: money in less money out. Every day and month ETFIQ holds for TURF, back to Nov 2026, is in its flows file. Flows across every fund · How these flows are computed · Compare TURF with other funds in the flows tool

Every trading day, last 3 months2 days
Nov 3, 2026 +$3.3m
Nov 2, 2026 $0

Most recent first.

Week by week, last year1 week
Nov 3, 2026 +$3.3m 2 days

Net flow into TURF each week, Nov 2, 2026 to Nov 3, 2026, most recent first, each week named by its last trading day with data. Computed by ETFIQ.

Month by month, money in and money outNov 2026

TURF, net flow each month from Nov 2026 to Nov 2026: money came in in 1 month and went out in 0 months.

MonthInOutNet
Nov 2026 ETFIQ, the sum of its days, Nov 2 to Nov 3+$3.3m$0+$3.3m

Most recent first.

How this is computed

Months summed from daily data: money in adds the days money came in; money out adds the days it went out.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s daily share counts and net asset values, and its SEC N-PORT filings. Data as of Nov 3, 2026. Last checked Nov 5, 2026.

TURF key stats

52-week high, daily closes to Nov 4, 2026 (ETFIQ)$36.49 on Sep 9, 2026
52-week low, daily closes to Nov 4, 2026 (ETFIQ)$27.02 on Nov 6, 2025
Close on Nov 4, 2026, within that range (ETFIQ)$33.10, 64% of the way from the low to the high
Beta to its benchmark, 1 year (ETFIQ)1.04, against GUNR
R-squared, the same days (ETFIQ)0.94
Beta and R-squared measured over251 daily total returns, Nov 5, 2025 to Nov 4, 2026
Holdings84
Top ten holdings weight36.7%
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Nov 3, 2026
Trading · TURFas of Nov 3, 2026
·
Not scored2 of 6 measured · Nov 3, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
$1,000$1.470.15%
$10,000$150.15%
Premium or discount to NAV, Nov 3 close+0.05%
−0.2%95% of days within ±0.09% · the 1% band is off this scale+0.2%
How to tradeLimit: midpoint + 5¢ to buy, midpoint − 5¢ to sell.At the Nov 3 close of $32.90, that’s $32.95 to buy and $32.85 to sell.
Full trading page: components, premium history, dealers →

TURF for holders outside the US

US tax withheld on dividends, no treaty30%
Treaty rates on dividends (IRS table, read Oct 30, 2026)65 countries, 10% to 30%
TURF interest-related and short-term gain dividendsnot read by ETFIQ
US estate tax filing threshold, non-resident holders$60,000
Share classDistributing

TURF is a US fund. Stock of US corporations counts as US property for a non-resident's estate. Facts from the IRS, not tax advice. How withholding and treaties work

About TURF

Theme (ETFIQ, editorial)Natural resources
First tradedJun 12, 2025
Already in the S&P 500, by weight (ETFIQ)30.2%
Outside the S&P 500, by weight (ETFIQ)70%
Active share vs the S&P 500 (ETFIQ)97.9%
Already in the Nasdaq-100, by weight (ETFIQ)0.7%
Active share vs the Nasdaq-100 (ETFIQ)99.8%
Top ten holdings weight36.7%
Holdings84
Holdings as of (SEC N-PORT)Jun 30, 2026
Top holdingsCORTEVA INC 6.4%, EXXON MOBIL CORP 4.1%, BHP GROUP LTD 4.1%, SHELL PLC 4.0%, NUTRIEN LTD 3.8%, ARCHER-DANIELS-MIDLAND CO 3.5%, CHEVRON CORP 2.9%, AGNICO EAGLE MINES LTD 2.7%, FREEPORT-MCMORAN INC 2.6%, TYSON FOODS INC-CL A 2.5%
Net assets (issuer page, as of Nov 3, 2026)$335mReport
Benchmark (ETFIQ, from its filings)Morningstar Global Upstream Natural Resources Index Net, measured by GUNR, which tracks the same index
Benchmark named inits shareholder report, N-CSR, Feb 23, 2026
TURF, 1 year to Nov 4, 2026+25.6%
GUNR, the same days+26.8%
Against its benchmark, 1 year (ETFIQ)−1.2 pts
Below its all-time high (ETFIQ)−9.3%
Expense ratio (485BPOS XBRL, Feb 25, 2026)0.44%Report
Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ)0.45%
Against its benchmark, 1 yearbehind by 1.2 pts
Below its all-time high9.3%, high on Sep 9, 2026
How we measure
The top ten holdings are 37% of the fund across 84 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned +25.6% with distributions reinvested against +26.8% for its benchmark, the Morningstar Global Upstream Natural Resources Index Net, so a holder was behind by 1.2 pts. It sits 9.3% below its all-time high of Sep 9, 2026.
Holdings from the fund’s latest public SEC N-PORT filing; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested. Method
IQ Investment Committee on TURF

12 seats on TURF, as of Nov 4, 2026: 1 Mixed, 3 Challenges, 8 Not enough data.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherNot enough data
In the tradition ofHoward MarksMarks-style Cycles & RiskNot enough data
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingMixed
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatNot enough data
Put TURF to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about TURF

How much of TURF is in S&P 500 companies?
By its holdings filed for Jun 30, 2026, 30% of TURF by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different.
What does TURF hold?
84 positions as filed for Jun 30, 2026, with the top ten at 37% of the fund. The largest are CORTEVA INC at 6.4%, EXXON MOBIL CORP at 4.1%, BHP GROUP LTD at 4.1%.
Has TURF beaten the S&P 500?
Over the year to Nov 4, 2026 TURF returned +25.6% with distributions reinvested, against +14.8% for the S&P 500, so it finished ahead of the index by 10.8 points.
What does TURF cost?
The prospectus expense ratio is 0.44% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.45%.
Sources and dates
Prices, TURF, Benchmark (GUNR) and S&P 500 (SPY)Tiingo end-of-day · Nov 4, 2026
Fee, 0.44%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $335mIssuer page · Nov 3, 2026
SourceHoldings filing (SEC Form N-PORT) ↗
IssuerT. Rowe Price website ↗
All fund filingsFund filings on SEC EDGAR ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, TURF, thematic ETFs, data as of Nov 4, 2026. https://etfiq.com/funds/turf

The difference bar for TURF, redrawn every trading night.

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Active share
How differently the money is placed, counting weights: one minus the sum of the smaller weight of each security across the fund and the index. 100% means nothing in common; 0% means the index itself. Two funds can hold the same names and still have a high active share if they weight them very differently.
Weight overlap
The share of money two portfolios hold in the same securities at the same weight.
Already in the index
The fund’s weight in securities the S&P 500 holds at all. A fund can be made entirely of index names and still have high active share, because it holds them at different weights.
Top ten
The weight of the ten largest holdings. Above 50% the fund is a bet on a handful of companies, whatever the theme.
Full definitions: thematic ETFs vocabulary page. →
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TURF: 30% of TURF's weight is in S&P 500 companies and 70% is outside the index. Holdings as of Jun 30, 2026.
<figure style="margin:0;max-width:640px">
<iframe src="https://etfiq.com/embed/themes/turf/" title="TURF: 30% of TURF&#x27;s weight is in S&amp;P 500 companies and 70% is outside the index. Holdings as of Jun 30, 2026." width="640" height="346" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">TURF: 30% of TURF&#x27;s weight is in S&amp;P 500 companies and 70% is outside the index. Holdings as of Jun 30, 2026. Data: <a href="https://etfiq.com/funds/turf">ETFIQ</a></figcaption>
</figure>

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