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RONB vs SBAR

Baron First Principles ETF vs Simplify Barrier Income ETF

RONB

Baron First Principles ETF

Baron Capital Group, Inc.

Annual cost

1.00%

Fund size

$388M

SBAR

Simplify Barrier Income ETF

Simplify Asset Management

Annual cost

0.75%

Fund size

$291M

Key differences

  • SBAR costs 0.25% less per year.
  • RONB is classified as equity, while SBAR is alternative — different risk/return profiles.
  • RONB follows a active selection strategy; SBAR uses option income.

Side-by-side comparison

RONBSBAR
Annual cost (TER)1.00%0.75%
Fund size (AUM)$388M$291M
Since20252025
Dividend yield12.88%
Asset classequityalternative
Regionnorth americanorth america
Strategyactive selectionoption income
CAGR 1YN/A+13.2%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y9.49%
Max drawdown-13.08%-5.32%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to RONB and SBAR