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Baron Capital Group, Inc.Large GrowthRONB · NYSE

Baron First Principles ETF (RONB)

Price
$23.60
11 Sept 2026
Assets
$351.2M
Total net assets
Expense ratio
1.00%
Category 0.90%
Yield
Trailing distributions
3Y CAGR
Category 21.9%
5Y CAGR
Category 9.9%
Loading NAV history…
Baron First Principles ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation
Maximum drawdown
Sharpe ratio
Sortino ratio
Beta
Alpha
Information ratio
Upside capture
Downside capture
Tracking error
Trailing returns compared with benchmark
Period1M3M6MYTD1Y3YCAGR5YCAGR10YCAGRLaunchCAGR
ETF-1.7%-4.5%+0.9%-5.6%-5.9%
Large Growth average-2.1%1.2%15.6%9.0%12.3%21.9%9.9%16.6%12.8%
Difference+0.4%-5.6%-14.7%-14.6%-18.7%

Holdings

The 10 largest positions make up 76.5% of the fund.

Top holdings

Largest holdings by weight
TickerHoldingWeight
SPCXSpace Exploration Technologies Corp Class A36.59%
TSLATesla Inc8.42%
FIGSFIGS Inc Class A4.85%
MSCIMSCI Inc4.43%
SCHWCharles Schwab Corp4.23%
SHOPShopify Inc Registered Shs -A- Subord Vtg4.10%
HHyatt Hotels Corp Class A3.94%
IBKRInteractive Brokers Group Inc Class A3.90%
SPOTSpotify Technology SA3.14%
FDSFactSet Research Systems Inc2.90%

Portfolio valuation

Weighted averages of what the fund holds.

P/E
28.9
P/B
8.8
P/S
6.6
P/CF
32.1

Sector allocation

Share of the equity the fund holds.

38.9%Industrials6 sectors
  1. Industrials38.9%
  2. Consumer discretionary28.9%
  3. Financial services20.9%
  4. Technology6.5%
  5. Communication services3.1%
  6. Health care1.8%

Asset mix

  • Stocks99.9%
  • Cash0.1%

ETF details

Issuer
Baron Capital Group, Inc.
Category
Equity · Large Growth
Ticker
RONB
Exchange
NYSE
Inception
12 Dec 2025 (0.7 years)
Structure
Exchange Traded Fund
Expense ratio
1.00% (category 0.90%)
Holdings turnover
18% (category 62%)
Distribution yield
Beta, 3 years
0.00
Total net assets
$351.2M

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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