RONBBaron First Principles ETF
Seeks capital appreciation.
By Baron Capital Group, Inc. · Launched 2025
Annual Cost
1.00%
#5,196 of 5,861 · expensive
Fund Size
$492M
#1,602 of 5,861 · large
Return (1Y)Goal
N/A
Track Record
8 months
#4,993 of 5,861 · young
Performance
Total-return NAV · USDGrowth of $10,000
$8,348-16.5%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 59.0% of fundmoderately concentrated
Tesla Inc
13.6%
MSCI Inc
6.6%
Space Exploration Technologies
5.7%
Shopify Inc
5.4%
Space Exploration Technologies
5.1%
Verisk Analytics Inc
4.7%
Charles Schwab Corp/The
4.7%
Hyatt Hotels Corp
4.6%
FactSet Research Systems Inc
4.4%
Spotify Technology SA
4.3%
Asset allocation
Stocks
99.7%
Cash
0.3%
By sector
Industrials
37.4%
Consumer Cyclical
33.0%
Financial Services
18.8%
Technology
4.8%
Communication
4.2%
Healthcare
1.7%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
N/A
Max drawdown
-19.4%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- New York Stock Exchange
Full fund details
- Objective
- Seeks capital appreciation.
- Strategy
- Invests primarily in equity securities of U.S. growth companies of any market capitalization, focusing on businesses with significant growth opportunities and attractive valuations. The Fund is non-diversified and may use leverage up to one-third of its total assets.
- Inception date
- December 12, 2025
- Fund family
- Baron Capital Group, Inc.
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Data updated on 2026-08-04