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TNXTvsUSSGETF Comparison

ETF 1

TNXT

T. Rowe Price Innovation Leaders ETF

This fund is part of

Uncategorized Equities

+1.88%

Full TNXT fund page

VS

ETF 2

USSG

Xtrackers MSCI USA Selection Equity ETF

This fund is part of

US Large Cap

+1.48%

Full USSG fund page

T. Rowe Price Innovation Leaders ETF (TNXT) belongs to the Uncategorized Equities segment. Xtrackers MSCI USA Selection Equity ETF (USSG) is part of the US Large Cap segment. TNXT's top 3 sector exposures are Technology, Healthcare and Finance. In contrast, USSG's top sector exposures are Technology, Finance and Healthcare. TNXT is more expensive with a Total Expense Ratio (TER) of 0.49%, versus 0.09% for USSG. Run a side-by-side ETF comparison of TNXT and USSG 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 USSG 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 11/03/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	TNXT USSG	-5.36%-1.55%	+0.66%-0.37%	n/a+13.44%	n/a+15.22%	n/a+83.59%	n/a+72.57%
Flows	TNXT USSG	-$1K+$2M	+$15K-$4M	--$29M	-+$12M	--$1.12B	--$3.64B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	TNXT USSG	+16.10%+11.15%	n/a+14.02%	n/a+15.73%	n/a+17.65%
Max drawdown	TNXT USSG	-6.08%-3.94%	n/a-11.29%	n/a-20.08%	n/a-26.89%
Max drawdown duration	TNXT USSG	29d29d	n/a78d	n/a154d	n/a713d

Trading data

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	TNXT	USSG
Last sale 11/5/2026 at 2:30 PM	$26.67	$68.35
Previous close 11/04/2026	$28.17	$71.55
Consolidated volume 11/04/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 30, 2026

1-year trailing difference

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TNXT

is actively managed and doesn’t replicate an index

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

Main metrics

Last update 11/5/2026 at 2:30 PM

Live

Closed

	TNXT	USSG
Last price	$26.67	$68.35
1D performance	-5.32%	-4.47%
AuM	$18.69 M	$583.14 M
E/R	0.49%	0.09%

Characteristics

	TNXT	USSG
Management strategy	Active	Passive
Provider	T. Rowe Price	Xtrackers by DWS
Benchmark	-	MSCI USA Selection Index
N° of holdings	270	248
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	January 28, 2026	March 7, 2019
ESG	No	Yes

More TNXT data on Trackinsight

More USSG data on Trackinsight

Exposure

Countries

TNXT

USA

84.18%

Other

15.82%

USSG

USA

96.25%

Other

3.75%

Sectors

TNXT

Technology

48.27%

Healthcare

23.93%

Finance

11.53%

Other

16.27%

USSG

Technology

48.66%

Finance

12.03%

Healthcare

10.65%

Industrials

7.61%

Other

21.05%

Diversification

TNXT

Total weight of top 15 holdings out of 15

42.57%

USSG

Total weight of top 15 holdings out of 15

54.91%

Top 15 holdings

Data as of September 30, 2026

TNXT

NVIDIA Corp.

8.31%

Apple, Inc.

5.32%

Microsoft Corp.

3.86%

Amazon.com, Inc.

3.37%

Advanced Micro Devices, Inc.

2.84%

Broadcom Inc.

2.60%

Meta Platforms, Inc.

2.57%

Alphabet, Inc.

2.11%

Alphabet, Inc.

1.93%

Micron Technology, Inc.

1.87%

Eli Lilly & Co.

1.74%

Intel Corp.

1.72%

Tesla, Inc.

1.56%

Visa, Inc.

1.54%

Merck & Co., Inc.

1.25%

USSG

NVIDIA Corp.

14.85%

Microsoft Corp.

10.46%

Alphabet, Inc.

5.79%

Alphabet, Inc.

4.58%

Tesla, Inc.

3.06%

Advanced Micro Devices, Inc.

2.95%

Eli Lilly & Co.

2.72%

Johnson & Johnson

1.88%

Visa, Inc.

1.75%

Mastercard, Inc.

1.32%

Costco Wholesale Corp.

1.18%

Lam Research Corp.

1.13%

Applied Materials, Inc.

1.11%

Caterpillar, Inc.

1.09%

Merck & Co., Inc.

1.05%

Frequently asked questions about TNXT and USSG

Which ETF is bigger: TNXT or USSG?

As of November 3, 2026, TNXT holds $18.69 M in assets under management (AUM), while USSG manages $583.14 M.

What sectors do the TNXT and USSG ETFs invest in?

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

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

TNXT top holdings include NVIDIA Corp., Apple, Inc. and Microsoft Corp.. USSG holds in its top three: NVIDIA Corp., Microsoft Corp. and Alphabet, Inc..

TNXTvsUSSGETF Comparison

T. Rowe Price Innovation Leaders ETF

Xtrackers MSCI USA Selection Equity ETF

TNXT vs USSG 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 USSG?

As of November 3, 2026, TNXT holds $18.69 M in assets under management (AUM), while USSG manages $583.14 M.

What sectors do the TNXT and USSG ETFs invest in?

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

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

TNXT top holdings include NVIDIA Corp., Apple, Inc. and Microsoft Corp.. USSG holds in its top three: NVIDIA Corp., Microsoft Corp. and Alphabet, Inc..

Which ETF is more diversified: TNXT or USSG?

TNXT holds 273 securities with 42.57% of its assets in the top 15. USSG has 392 securities and a top 15 weight of 54.91%.

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