Baron ETF Trust - Baron First Principles ETFRONB

$24.71

−0.2% last session

−1.2% YTD

Data as of 11/4/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Aug 6, 2026 – Nov 4, 2026RONBS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−0.2%	−2.3%	+13.8%	−1.2%	—	—	—	−1.5%
S&P 500 · VOO	+1.6%	−1.6%	0.0%	+13.4%	+13.5%	+91.7%	+81.2%	—

Key Statistics

Open all fund facts →

AUM: $336M
Expense ratio: 1.00%
Distribution yield: 0.0%
NAV: $24.70
Volume: 113K
Avg. volume 30D: 143K
High today: $24.93
Low today: $24.25
Previous close: $24.75
52-week high: $26.73
52-week low: $20.78
Our risk indicator: 4/5

RONB in One Breath

RONB Among Its Peers

YTD

#1RONBBaron−1.2%$336M

End-of-day Nov 5, 2026 · 1 ETFs by YTD

$10,000 in RONB

$10,000 in RONB became

$9,849

In the S&P 500 (VOO)

$11,389

Total return, dividends in · Dec 15, 2025 – Nov 4, 2026 · S&P 500 uses VOO

RONB’s Top Holdings

Today

SPCXSpace Exploration Techn37.7%TSLA9.1%FIGS6.8%MSCI4.7%H4.0%SHOP.TO3.7%639.DE3.2%IBKR3.0%FDS3.0%SCHW2.8%MORN2.7%CHH2.3%RRR2.3%HEI-A2.1%ABNB2.1%IDXX1.9%BIRK1.9%ONON1.9%GWRE1.8%ACGL1.8%KNSL2 more

SPCXSpace Exploration Techn37.7%TSLA9.1%FIGS6.8%MSCI4.7%H4.0%SHOP.TO3.7%639.DE3.2%IBKR3.0%FDS3.0%SCHW2.8%MORN2.7%CHH2.3%11 more

IndustrialsConsumer CyclicalFinancial ServicesTechnologyCommunication ServicesHealthcare

Baron RONB · 23 holdings · tile size = share of the fund · as of Nov 4, 2026

What RONB Holds

Today

Industrials40.5%

SPCX 37.7 · HEI-A 2.1

Consumer Cyclical30.2%

TSLA 9.1 · FIGS 6.8 · H 4.0 · CHH 2.3 · RRR 2.3 · ABNB 2.1 · BIRK 1.9

Financial Services18.9%

MSCI 4.7 · IBKR 3.0 · FDS 3.0 · SCHW 2.8 · MORN 2.7 · ACGL 1.8 · KNSL

Technology6.1%

SHOP.TO 3.7 · GWRE 1.8

Communication Services3.2%

639.DE 3.2

Healthcare1.9%

IDXX 1.9

Baron RONB · share of the fund by sector · as of Nov 4, 2026

Space’s Share of RONB

Today

37.7%

$377 of every $1,000 in RONB is Space

Space held by RONB

$127M

Most Space per dollar

MARS26.0%

ORBX24.7%

XAIW21.8%

WARP21.7%

Baron RONB · each square = $10 of $1,000 · as of Nov 4, 2026

RONB’s Size vs Its Peers

Today

$336Mthe largest ETF

AUM · RONB and the 0 largest peers · Nov 5, 2026

RONB Fee per $100 vs Peers

Today

$1.00a year
per $100

$100 a year on $10,000

RONB$1.00

Expense ratio · peers · Nov 5, 2026

Inside RONB

23 holdings · as of Nov 4, 2026

RONB

Baron ETF Trust - Baron First Principles ETF

Today

Industrials40.5%SPCXSpace Exploration Techn37.7%Consumer Cyclical30.2%TSLA9.1%FIGS6.8%H4.0%CHHRRR2.3%ABNBBIRK1.9%ONON1.9%Financial Services18.9%MSCI4.7%IBKR3.0%FDS3.0%SCHW2.8%MORN2.7%ACGL1.8%KNSLTechnology6.1%SHOP.TO3.7%GWRECommunication Services3.2%IDXX

Industrials40.5%SPCXSpace Exploration Techn37.7%Consumer Cyclical30.2%TSLA9.1%FIGS6.8%H CHHRRRABNB2 moreFinancial Services18.9%MSCIIBKRFDSSCHWMORNACGLTechnology6.1%SHOP.TO3.7%GWRECommunication Services3.2%IDXX

#	Ticker	Company	Weight ▼
1	SPCX	Space Exploration Techn	37.68%
2	TSLA	Tesla	9.06%
3	FIGS	FIGS	6.75%
4	MSCI	MSCI	4.68%
5	H	Hyatt Hotels	3.99%
6	SHOP.TO	Shopify	3.65%
7	639.DE	Spotify Technology	3.24%
8	IBKR	Interactive Brokers GRO	3.03%
9	FDS	Factset Research Systems	2.97%
10	SCHW	Schwab (charles)	2.79%

IndustrialsConsumer CyclicalFinancial ServicesTechnologyCommunication ServicesHealthcare

Baron RONB · current holdings by weight · as of Nov 4, 2026 · each tile is one holding · top 20 = 98.6%

How It Compares

RONB

Baron ETF Trust - Baron First Principles ETF’s Peers

YTD

RONB has no close peers in our data yet: […]

Similar peers · YTD and past-year returns · as of Nov 5, 2026 · sorted by AUM

Head to Head

RONB vs VOO

YTD

RONB · Baron ETF Trust - Baron First Principles

−1.2%

VOO · S&P 500

+13.4%

Gap

14.6 pts

Baron RONB and Vanguard VOO · YTD total return · as of Nov 5, 2026

RONB vs Its Peer Average

YTD

RONBAvsBPeer average

1D−0.2%[…]

1M−2.3%[…]

3M+13.8%[…]

YTD−1.2%[…]

0–0level

0 peers · each row scaled to its leader

The Details

RONB

Risk

4/5our risk indicator

CalmerBumpier

Volatility · 1Y[…]

Deepest drop · 1Y[…]

Lowest point · 5Y−15.7%

52-week range

$24.71

$20.78−7.6% from the high$26.73

Baron RONB · past-year price moves · as of Nov 5, 2026

RONB

Fund Facts

Today

2025launched Dec 12

Tracks[…]

Exchange · CUSIPNYSE · 06829D107

StructureETF

Leverage1x

Cost on $10,000$100 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Baron RONB · fund facts · as of Nov 5, 2026

RONB

Payouts by Year

$0.0002per share, Sep 2026

Distribution yield0.0%

Paid[…]

Latest ex-date · paidSep 22 · Sep 23, 2026

1 payouts added up$0.0002 a share

Baron RONB · distributions by ex-date · 2026–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-06-30 ↗SEC reported portfolio · 2026-03-31 ↗summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-12-31 ↗summary prospectus · SEC 497K ↗prospectus · SEC 497 ↗summary prospectus · SEC 497K ↗

Trading & Liquidity

Net asset value$24.70

Premium / discount[…]

Median spread · 30D[…]

Volume today113K

Average volume · 30D143K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio1.00%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$100.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Sep 22, 2026	Sep 23, 2026	$0.0002

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