RONB Baron ETF Trust - Baron First Principles ETF
Quote as of Oct 26, 2026 19:35 UTC · Quotes are refreshed hourly from the data provider, so during market hours a price can be up to about 1–2 hours old; each quote shows its own timestamp.
| Previous Close | 24.70 | Day Range | 24.70 – 25.05 |
| 52-Week Range | 20.78 – 26.73 | Volume | 118.55K |
| Avg Volume | 537.59K | AUM | $335.9M (Oct 26, 2026) |
| Expense Ratio | 1.00% | Yield (TTM) | 0.00% |
| NAV | 24.71 | Premium/Discount | +0.93% indicative |
| Inception | Dec 12, 2025 | Holdings | 23 |
| Issuer | Baron | Exchange | NYSE |
| Category | — | Index Tracked | Not stated in source data |
| CUSIP | 06829D107 | ISIN | US06829D1072 |
| Management | Not stated in source data | ||
About this ETF
RONB aims to capitalize on long-term growth opportunities by investing in US companies of any size. The selection process emphasizes fundamental research, challenging conventional assumptions to identify strong and sustainable competitive advantages, exceptional leadership, and valuations believed to be attractive relative to long-term intrinsic value. Additionally, the fund may borrow up to one-third of its total assets to increase exposure to opportunities when market conditions are favorable. Investments include depositary receipts.
Description from the fund data provider · profile as of Oct 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +5.42% | +16.51% | +5.29% | -1.24% | — | — | — | — | -1.55% |
| Total return | +5.42% | +16.51% | +5.29% | -1.24% | — | — | — | — | -1.55% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 23, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 1.00% | Annual cost of a $10,000 investment | $100.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings list retrieved Oct 23, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 23 holdings stored.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | SPACE EXPLORATION TECHN CL A | SPCX | 38.52% | 905.12K | $131.0M |
| 2 | TESLA INC | TSLA | 8.54% | 77.53K | $29.0M |
| 3 | FIGS INC CLASS A | FIGS | 6.62% | 1.10M | $22.5M |
| 4 | MSCI INC | MSCI | 4.55% | 24.94K | $15.5M |
| 5 | SHOPIFY INC CLASS A | SHOP.TO | 4.34% | 87.42K | $14.8M |
| 6 | HYATT HOTELS CORP CL A | H | 3.82% | 73.40K | $13.0M |
| 7 | INTERACTIVE BROKERS GRO CL A | IBKR | 3.23% | 133.63K | $11.0M |
| 8 | SPOTIFY TECHNOLOGY SA | 639.DE | 3.16% | 18.42K | $10.7M |
| 9 | FACTSET RESEARCH SYSTEMS INC | FDS | 3.00% | 30.45K | $10.2M |
| 10 | SCHWAB (CHARLES) CORP | SCHW | 2.87% | 106.58K | $9.7M |
| 11 | MORNINGSTAR INC | MORN | 2.59% | 39.50K | $8.8M |
| 12 | RED ROCK RESORTS INC CLASS A | RRR | 2.23% | 150.53K | $7.6M |
| 13 | AIRBNB INC CLASS A | ABNB | 2.18% | 42.18K | $7.4M |
| 14 | CHOICE HOTELS INTL INC | CHH | 2.16% | 65.72K | $7.4M |
| 15 | GUIDEWIRE SOFTWARE INC | GWRE | 2.11% | 37.84K | $7.2M |
| 16 | HEICO CORP CLASS A | HEI-A | 1.96% | 29.18K | $6.7M |
| 17 | BIRKENSTOCK HOLDING PLC | BIRK | 1.78% | 179.71K | $6.1M |
| 18 | ON HOLDING AG CLASS A | ONON | 1.74% | 174.17K | $5.9M |
| 19 | ARCH CAPITAL GROUP LTD | ACGL | 1.68% | 55.76K | $5.7M |
| 20 | IDEXX LABORATORIES INC | IDXX | 1.65% | 9.88K | $5.6M |
| 21 | KINSALE CAPITAL GROUP INC | KNSL | 0.97% | 8.43K | $3.3M |
| 22 | CASH AND FOREIGN CURRENCY | — | 0.28% | 0 | $962.2K |
| 23 | OTHER ASSETS AND LIABILITIES-NET | — | 0.00% | 0 | $0.00 |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 0.00% | Paid (last 12 months) | $0.0002 |
| Frequency | Irregular | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Sep 22, 2026 | Last payment | $0.0002 (Sep 23, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Sep 22, 2026 | Sep 22, 2026 | Sep 23, 2026 | $0.0002 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 24.28% / — | Sharpe 1Y / 3Y | -0.241 / — |
| Max drawdown 1Y / 3Y | -19.37% / — | Sortino 1Y | -0.362 |
| Beta vs S&P 500 (3Y) | 0.74 | Correlation vs S&P 500 (1Y) | 0.543 |
| Downside deviation 1Y | 16.20% | Risk-free rate used | 4.04% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 26, 2026. Formulas →
Liquidity
| Volume today | 118.55K | Average volume | 537.59K |
| AUM | $335.9M | Premium/Discount | +0.93% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for RONB
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.