TGRT Fees and Costs — T. Rowe Price Growth ETF
Data updated: 2026-08-27
The net expense ratio is 0.38%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $32K in broker commissions, 0.0044% of average net assets, and portfolio turnover was 23%.
TGRT Fees and Expenses
Annual operating expenses and sales charges of TGRT. Prospectus, as of February 25, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.38% |
| Fee waiver | — |
| Net expense ratio | 0.38% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
TGRT Costs Over Time
On $10,000 invested in TGRT, assuming 5% a year before costs, total costs come to $243 over 5 years, cutting the return by 0.40% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.38%) | $40 | $125 | $219 |
| Trading costs (broker commissions) | $0 | $1 | $3 |
| Lost growth on money paid in costs | $0 | $6 | $22 |
| Total costs | $40 | $133 | $243 |
| Value after costs | $10,460 | $11,443 | $12,519 |
| Impact on return, per year | 0.40% | 0.40% | 0.40% |
TGRT Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0044%
- Total broker commissions: $32K
- Bought from dealers (principal trades, not a cost): $557K
- Portfolio turnover (prospectus): 23%
- Securities lending: none during the year
TGRT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $7K | 24.48% |
| JEFFERIES LLC | $6K | 21.03% |
| Citigroup Inc. | $4K | 14.07% |
| MORGAN STANLEY & CO. LLC | $3K | 9.70% |
| RBC Capital Markets, LLC | $3K | 9.33% |
| BOFA SECURITIES, INC. | $2K | 5.87% |
| Virtu ITG Hong Kong Limited | $1K | 4.40% |
| BMO Capital Markets Corp. | $1K | 4.07% |
| BARCLAYS CAPITAL INC. | $1K | 3.90% |
| GOLDMAN SACHS & CO. LLC | $867 | 3.15% |
TGRT Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $100K | 23.94% |
| MORGAN STANLEY & CO. LLC | $100K | 23.94% |
| J.P. MORGAN SECURITIES LLC | $58K | 13.90% |
| BOFA SECURITIES, INC. | $58K | 13.90% |
| Deutsche Bank Securities Inc. | $18K | 4.28% |
| UBS AG | $18K | 4.28% |
| Citigroup Inc. | $18K | 4.28% |
| BARCLAYS CAPITAL INC. | $18K | 4.28% |
| JEFFERIES LLC | $18K | 4.28% |
| EVERCORE GROUP L.L.C. | $12K | 2.93% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.