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RONB vs SPAB

Baron First Principles ETF vs State Street SPDR Portfolio Aggregate Bond ETF

RONB

Baron First Principles ETF

Baron Capital Group, Inc.

Annual cost

1.00%

Fund size

$388M

SPAB

State Street SPDR Portfolio Aggregate Bond ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$9.7B

Key differences

  • SPAB costs 0.97% less per year.
  • SPAB is significantly larger than RONB — larger funds tend to be more liquid and less likely to close.
  • RONB is classified as equity, while SPAB is fixed income — different risk/return profiles.
  • RONB follows a active selection strategy; SPAB uses index tracking.
  • SPAB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

RONBSPAB
Annual cost (TER)1.00%0.03%
Fund size (AUM)$388M$9.7B
Since20252007
Dividend yield4.01%
Asset classequityfixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+5.7%
CAGR 3YN/A+3.9%
CAGR 5YN/A+0.2%
Sharpe 3YN/A0.08
Volatility 1Y3.81%
Max drawdown-13.08%-18.56%

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

Similar to RONB and SPAB