An Introduction to Exchange-Traded Funds 

Exchange-traded funds—ETFs—have attracted significant attention in recent years. They can be complex, and they are not suited for everyone. For certain kinds of investors, however, they can be a beneficial tool for lowering costs, increasing tax efficiency, and managing personal assets.

Explore the links below to learn more about what ETFs are, determine if they are appropriate for you, and how to trade through T. Rowe Price Brokerage.

ETF Basics

How can a fund trade like a stock? We explain the fundamental characteristics of ETFs and how they work.

The Potential Risks and Rewards of ETFs

ETFs can be a valuable investment vehicle for some portfolios, but they are not for everyone.

Available ETFs Through T. Rowe Price Brokerage

See ETFs available through T. Rowe Price Brokerage, including FundVest ETFs available for no-transaction fee.

Request a prospectus or summary prospectus; each includes investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing. Visit or call 1-800-225-7720. To request a prospectus for an exchange-traded fund or non-T. Rowe Price fund, please call 1-800-225-7720.

To open an account or for more information about T. Rowe Price or T. Rowe Price Brokerage, please call 1-800-638-5660.

Leveraged ETFs can be complex and may carry substantial risk. Many leveraged and inverse leveraged ETFs are designed for short-term trading since they reset daily and seek to achieve their return objectives on a daily basis. Performance may differ from the performance of the underlying index and may not meet the performance expectations that may be suggested by their names. For more information, you should consult the website of the issuer of the ETF you are considering.

Brokerage accounts are offered by T. Rowe Price Investment Services, Inc., member FINRA/SIPC. Brokerage accounts are carried by Pershing LLC, a BNY Mellon company, member NYSE/FINRA/SIPC.