# EDGAR Filing Document

**Accession Number:** 0001795351
**File Stem:** 0001999371-26-011728
**Filing Date:** 2026-6
**Character Count:** 1945
**Document Hash:** 62d07e16822e93fbf050a8b9e2b8f31e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-26-011728.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0001999371-26-011728

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260601

**EFFECTIVENESS DATE**: 20260601

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Exchange-Traded Funds, Inc.
- **CENTRAL INDEX KEY:** 0001795351

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-235450
- **FILM NUMBER:** 261047409

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

## Series and Classes Contracts Data

### T. Rowe Price Natural Resources ETF (Series ID: S000092025)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000259935 | T. Rowe Price Natural Resources ETF | TURF            |

**T. Rowe Price Natural Resources ETF**

Supplement to Prospectus and Summary Prospectus dated March 1, 2026

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In the Summary Prospectus and Section 1 of the Prospectus, the disclosure under "Management" is supplemented as follows:

Effective immediately, John Qian will step down as one of the fund's co-portfolio managers.

In Section 2 of the Prospectus, the disclosure under "Portfolio Management" is supplemented as follows:

Effective immediately, John Qian will step down from his role on the fund and will no longer serve as one of the fund's co-portfolio managers. Rick de los Reyes, Shinwoo Kim, Priyal Maniar, and Tom Shelmerdine will continue as the fund's portfolio managers.

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The date of this supplement is June 1, 2026.

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ETF1192-041 6/1/26