RONBBaron First Principles ETF

Grow my moneyNewRanked #1,752 of 3,055 in this goal

Seeks capital appreciation.

By Baron Capital Group, Inc. · Launched 2025

Annual Cost

1.00%

#5,360 of 6,040 · expensive

Fund Size

$351M

#1,942 of 6,040 · large

Return (1Y)

N/A

Track Record

9 months

#4,993 of 6,040 · young

Performance

Total-return NAV · USD

Growth of $10,000

$9,455-5.5%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Active selection

Focus

ESG

Holdings

By weight

Concentration

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

99.9%

Cash

0.1%

By sector

Industrials

38.9%

Consumer Cyclical

28.9%

Financial Services

20.9%

Technology

6.5%

Communication

3.1%

Healthcare

1.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (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.