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RONB vs SPDF

Baron First Principles ETF vs Defender Risk Adaptive 500 ETF

RONB

Baron First Principles ETF

Baron Capital Group, Inc.

Annual cost

1.00%

Fund size

$388M

SPDF

Defender Risk Adaptive 500 ETF

Tamarisk Capital Management LLC

Annual cost

0.69%

Fund size

$5M

Key differences

  • SPDF costs 0.31% less per year.
  • RONB is significantly larger than SPDF — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

RONBSPDF
Annual cost (TER)1.00%0.69%
Fund size (AUM)$388M$5M
Since20252026
Dividend yield
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1YN/AN/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y
Max drawdown-13.08%-1.90%

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

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