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TNXTvsGVIPETF Comparison

ETF 1

TNXT

T. Rowe Price Innovation Leaders ETF

This fund is part of

Uncategorized Equities

+0.24%

Full TNXT fund page

VS

ETF 2

GVIP

Goldman Sachs Hedge Industry VIP ETF

This fund is part of

US Multi-Factor

-0.03%

Full GVIP fund page

T. Rowe Price Innovation Leaders ETF (TNXT) belongs to the Uncategorized Equities segment. Goldman Sachs Hedge Industry VIP ETF (GVIP) is part of the US Multi-Factor segment. TNXT's top 3 sector exposures are Technology, Healthcare and Finance. In contrast, GVIP's top sector exposures are Technology, Finance and Industrials. TNXT is more expensive with a Total Expense Ratio (TER) of 0.49%, versus 0.45% for GVIP. Run a side-by-side ETF comparison of TNXT and GVIP below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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TNXT vs GVIP performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 09/18/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	TNXT GVIP	+0.71%-2.08%	+3.93%-8.40%	n/a+9.63%	n/a+11.53%	n/a+95.09%	n/a+71.42%
Flows	TNXT GVIP	+$710K+$8M	+$694K+$39M	-+$85M	-+$114M	-+$231M	-+$189M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	TNXT GVIP	+16.02%+24.98%	n/a+23.00%	n/a+20.75%	n/a+22.32%
Max drawdown	TNXT GVIP	-5.93%-14.89%	n/a-14.89%	n/a-23.14%	n/a-37.10%
Max drawdown duration	TNXT GVIP	22d80d	n/a80d	n/a128d	n/a835d

Trading data

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	TNXT	GVIP
Last sale 9/18/2026 at 1:30 PM	$28.46	$169.47
Previous close 09/17/2026	$28.43	$169.07
Consolidated volume 09/17/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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TNXT

is actively managed and doesn’t replicate an index

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	TNXT	GVIP
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/18/2026 at 1:30 PM

Live

Closed

	TNXT	GVIP
Last price	$28.46	$169.47
1D performance	+0.11%	+0.24%
AuM	$19.20 M	$567.99 M
E/R	0.49%	0.45%

Characteristics

	TNXT	GVIP
Management strategy	Active	Passive
Provider	T. Rowe Price	Goldman Sachs
Benchmark	-	Goldman Sachs Hedge Fund VIP Index
N° of holdings	277	49
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	January 28, 2026	November 1, 2016
ESG	No	No

More TNXT data on Trackinsight

More GVIP data on Trackinsight

Exposure

Countries

TNXT

USA

82.96%

Other

17.04%

GVIP

USA

86.46%

Other

13.54%

Sectors

TNXT

Technology

47.28%

Healthcare

23.95%

Finance

12.37%

Other

16.4%

GVIP

Technology

41.21%

Finance

15.39%

Industrials

14.25%

Healthcare

9.45%

Other

19.7%

Diversification

TNXT

Total weight of top 15 holdings out of 15

41.7%

GVIP

Total weight of top 15 holdings out of 15

35.45%

Top 15 holdings

Data as of July 31, 2026

TNXT

NVIDIA Corp.

7.80%

Apple, Inc.

5.71%

Amazon.com, Inc.

3.51%

Microsoft Corp.

3.38%

Broadcom Inc.

3.19%

Alphabet, Inc.

2.66%

Alphabet, Inc.

2.44%

Advanced Micro Devices, Inc.

2.37%

Eli Lilly & Co.

1.86%

Meta Platforms, Inc.

1.58%

Visa, Inc.

1.58%

Micron Technology, Inc.

1.50%

Tesla, Inc.

1.45%

Intel Corp.

1.36%

Mastercard, Inc.

1.31%

GVIP

Revolution Medicines, Inc.

2.62%

Micron Technology, Inc.

2.52%

JPMorgan Chase & Co.

2.42%

Eli Lilly & Co.

2.42%

Nu Holdings Ltd.

2.41%

Applied Materials, Inc.

2.40%

MercadoLibre, Inc.

2.38%

Advanced Micro Devices, Inc.

2.37%

DoorDash, Inc.

2.35%

Vistra Corp.

2.27%

Apple, Inc.

2.27%

Abivax SA

2.27%

Mastercard, Inc.

2.26%

Visa, Inc.

2.25%

Capital One Financial Corp.

2.24%

Frequently asked questions about TNXT and GVIP

Which ETF is bigger: TNXT or GVIP?

As of September 18, 2026, TNXT holds $19.20 M in assets under management (AUM), while GVIP manages $567.99 M.

What sectors do the TNXT and GVIP ETFs invest in?

TNXT leans toward sectors like Technology, Healthcare and Finance. Meanwhile, GVIP focuses on Technology, Finance and Industrials.

What are the top holdings of the TNXT ETF and GVIP ETF?

TNXT top holdings include NVIDIA Corp., Apple, Inc. and Amazon.com, Inc.. GVIP holds in its top three: Revolution Medicines, Inc., Micron Technology, Inc. and JPMorgan Chase & Co..

TNXTvsGVIPETF Comparison

T. Rowe Price Innovation Leaders ETF

Goldman Sachs Hedge Industry VIP ETF

TNXT vs GVIP performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

Which ETF is bigger: TNXT or GVIP?

As of September 18, 2026, TNXT holds $19.20 M in assets under management (AUM), while GVIP manages $567.99 M.

What sectors do the TNXT and GVIP ETFs invest in?

TNXT leans toward sectors like Technology, Healthcare and Finance. Meanwhile, GVIP focuses on Technology, Finance and Industrials.

What are the top holdings of the TNXT ETF and GVIP ETF?

TNXT top holdings include NVIDIA Corp., Apple, Inc. and Amazon.com, Inc.. GVIP holds in its top three: Revolution Medicines, Inc., Micron Technology, Inc. and JPMorgan Chase & Co..

Which ETF is more diversified: TNXT or GVIP?

TNXT holds 281 securities with 41.7% of its assets in the top 15. GVIP has 49 securities and a top 15 weight of 35.45%.

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