Funds

Our wide selection of mutual funds and ETFs provides you with the building blocks for a diversified portfolio.

More than 100 mutual funds and ETFs to help you achieve your goals.

  • Choose from a diverse range of mutual funds and exchange-traded funds (ETFs) across multiple asset classes, capitalizations, sectors, and styles.

  • Benefit from our performance-driven strategic investing approach, with over 75% of our mutual funds with a 10-year track record outperforming their peers over the 10-year period ended June 30, 2021.*

  • Keep more of what you earn with our low-cost approach, with low expense ratios, no loads, no sales charges, and no commissions on online ETF trades.

  • Not sure whether ETFs or mutual funds are right for you? See our ETFs vs. mutual funds comparison table below.

Ready to invest?

Not sure where to start?

Our Financial Consultants can answer your questions and help guide you through selecting a fund.

 

Get to know our different types of funds.

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T. Rowe Price Mutual Funds

Think of mutual funds as a basket of investments. Its convenient package means you don’t have to buy and manage each security individually. Our professionals research, select, and monitor each fund’s investments for you, based on specific strategies and goals.

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T. Rowe Price ETFs

A new way to access the expert portfolio managers and strategies behind our mutual funds. Our active ETFs combine the flexibility and control of typical ETF investing with the additional edge that our strategic investing approach can deliver.

 

ETFs vs. mutual funds: Which is right for you?

While ETFs and mutual funds have many similarities, there are some key differences that may help you determine which is the best fit for you.

  ETFs Mutual Funds
Built-In Diversification Yes Yes
Professional Management Yes Yes
Intraday Pricing Yes No
All-Day Trading Yes No
Automatic Transactions No Yes
Control Over Capital Gains Yes No
Portfolio Transparency* Typically Higher Typically Lower
Expense Ratio Typically Lower Typically higher
Minimum Investment No Yes

*T. Rowe Price ETFs do not disclose full holdings daily, unlike traditional ETFs, but instead publish proxy holdings information daily and full holdings on a quarterly basis.

Narrow your fund choices with our pre-screened shortlist.

T. Rowe Price® Select Funds

We screen our lineup of mutual funds down to a simple list of diverse options to help you select your investments more easily.

These ETFs are different from traditional ETFs.

Traditional ETFs tell the public what assets they hold each day. These ETFs will not. This may create additional risks for your investment. For example:

  • You may have to pay more money to trade the ETF’s shares. These ETFs will provide less information to traders, who tend to charge more for trades when they have less information.

  • The price you pay to buy ETF shares on an exchange may not match the value of the ETF’s portfolio. The same is true when you sell shares. These price differences may be greater for these ETFs compared to other ETFs because it provides less information to traders.

  • These additional risks may be even greater in bad or uncertain market conditions.

  • These ETFs will publish on its website each day a “Proxy Portfolio” designed to help trading in shares of the ETFs. While the Proxy Portfolio includes some of the ETF’s holdings, it is not the ETF’s actual portfolio.

The differences between these ETFs and other ETFs may also have advantages. By keeping certain information about the ETF secret, these ETFs may face less risk that other traders can predict or copy its investment strategy. This may improve the ETF’s performance. If other traders are able to copy or predict the ETF’s investment strategy, however, this may hurt the ETF’s performance.

For additional information regarding the unique attributes and risks of these ETFs, see the fund's prospectus.

ETFs are bought and sold at market prices, not NAV. Investors generally incur the cost of the spread between the prices at which shares are bought and sold. Buying and selling shares may result in brokerage commissions which will reduce returns.

These ETFs publish a daily Proxy Portfolio, a basket of securities designed to closely track the daily performance of the actual portfolio holdings. While the Proxy Portfolio includes some of the ETFs holdings, it is not the actual portfolio. Daily portfolio statistics will be provided as an indication of the similarities and differences between the Proxy Portfolio and the actual holdings. The Proxy Portfolio and other metrics, including Portfolio Overlap, are intended to provide investors and traders with enough information encourage transactions that help keep the ETF’s market price close to its NAV. There is a risk that market prices will differ from the NAV. ETFs trading on the basis of a Proxy Portfolio may trade at a wider bid/ask spread than shares of ETFs that publish their portfolios on a daily basis, especially during periods of market disruption or volatility and therefore, may cost investors more to trade. The ETF’s daily Proxy Portfolio, Portfolio Overlap and other tracking data are available within the Resource section of each individual ETF fund detail page.

Although the ETF seeks to benefit from keeping its portfolio information confidential, others may attempt to use publicly available information to identify the ETF’s investment and trading strategy. If successful, these trading practices may have the potential to reduce the efficiency and performance of the ETF.

Past performance is no guarantee of future results.

*166 of our 377 mutual funds had a 10-year track record as of 6/30/21. (Includes all share classes and excludes funds used in insurance products.) 126 of these 166 funds (76%) beat their Lipper average for the 10-year period. 229 of 365 (63%), 257 of 356 (72%), and 212 of 304 (70%) of T. Rowe Price funds outperformed their Lipper average for the 1-, 3-, and 5-year periods ended 6/30/21, respectively. Calculations based on cumulative total return. Not all funds outperformed for all periods. (Source for data: Lipper Inc.)