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RONB vs SCMB

Baron First Principles ETF vs Schwab Municipal Bond ETF

RONB

Baron First Principles ETF

Baron Capital Group, Inc.

Annual cost

1.00%

Fund size

$388M

SCMB

Schwab Municipal Bond ETF

Schwab ETFs

Annual cost

0.03%

Fund size

$3.7B

Key differences

  • SCMB costs 0.97% less per year.
  • SCMB is significantly larger than RONB — larger funds tend to be more liquid and less likely to close.
  • RONB is classified as equity, while SCMB is fixed income — different risk/return profiles.
  • RONB follows a active selection strategy; SCMB uses index tracking.

Side-by-side comparison

RONBSCMB
Annual cost (TER)1.00%0.03%
Fund size (AUM)$388M$3.7B
Since20252022
Dividend yield3.41%
Asset classequityfixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+6.2%
CAGR 3YN/A+3.3%
CAGR 5YN/AN/A
Sharpe 3YN/A-0.04
Volatility 1Y2.95%
Max drawdown-13.08%-6.13%

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

Similar to RONB and SCMB