Baron First Principles ETF RONB
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 1.00%
- Net assets
- $491.8M
- Holdings
- 24
- 12-month distribution yield
- Unavailable
- Asset class
- Equity
Baron First Principles ETF (RONB) is an exchange-traded fund listed on the New York Stock Exchange in the United States. Its category is Equity · US (equity). Its last price was US$24.68 on 20 Oct 2026. Its expense ratio is 1% a year, from its prospectus dated 30 Apr 2026. It reported net assets of US$491.82 million as of 30 Jun 2026. Its latest holdings report lists 24 holdings as of 30 Jun 2026. No distributions are recorded for it over the last 12 months.
Fees
- Total annual operating expenses (gross)
- 1.00%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 1.00%
- Prospectus date
- 30 Apr 2026
- Filed with the SEC
- 30 Apr 2026
Size and reporting
- Net assets
- $491,819,284
- Total assets
- $492,805,241
- Holdings as of
- 30 Jun 2026
- Report made public
- 28 Aug 2026 (59 days after the month end)
Top holdings
Largest 24 of 24 positions, as of 30 Jun 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | Space Exploration Technologies Corp | US84615Q1031 | 32.06% | $157.7M | Equity (common) | United States | USD |
| 2 | Tesla Inc | US88160R1014 | 12.39% | $60.9M | Equity (common) | United States | USD |
| 3 | MSCI Inc | US55354G1004 | 4.48% | $22.0M | Equity (common) | United States | USD |
| 4 | Hyatt Hotels Corp | US4485791028 | 4.47% | $22.0M | Equity (common) | United States | USD |
| 5 | Charles Schwab Corp/The | US8085131055 | 3.75% | $18.5M | Equity (common) | United States | USD |
| 6 | Interactive Brokers Group Inc | US45841N1072 | 3.52% | $17.3M | Equity (common) | United States | USD |
| 7 | Shopify Inc | CA82509L1076 | 3.29% | $16.2M | Equity (common) | Canada | USD |
| 8 | Red Rock Resorts Inc | US75700L1089 | 3.03% | $14.9M | Equity (common) | United States | USD |
| 9 | Verisk Analytics Inc | US92345Y1064 | 2.91% | $14.3M | Equity (common) | United States | USD |
| 10 | Spotify Technology SA | LU1778762911 | 2.69% | $13.3M | Equity (common) | Luxembourg | USD |
| 11 | Birkenstock Holding Plc | JE00BS44BN30 | 2.49% | $12.3M | Equity (common) | Jersey | USD |
| 12 | FactSet Research Systems Inc | US3030751057 | 2.39% | $11.7M | Equity (common) | United States | USD |
| 13 | Choice Hotels International Inc | US1699051066 | 2.31% | $11.4M | Equity (common) | United States | USD |
| 14 | Figs Inc | US30260D1037 | 2.29% | $11.3M | Equity (common) | United States | USD |
| 15 | HEICO Corp | US4228062083 | 2.28% | $11.2M | Equity (common) | United States | USD |
| 16 | Vail Resorts Inc | US91879Q1094 | 2.25% | $11.1M | Equity (common) | United States | USD |
| 17 | On Holding AG | CH1134540470 | 2.07% | $10.2M | Equity (common) | Switzerland | USD |
| 18 | Morningstar Inc | US6177001095 | 1.97% | $9.7M | Equity (common) | United States | USD |
| 19 | Arch Capital Group Ltd | BMG0450A1053 | 1.85% | $9.1M | Equity (common) | Bermuda | USD |
| 20 | Airbnb Inc | US0090661010 | 1.85% | $9.1M | Equity (common) | United States | USD |
| 21 | IDEXX Laboratories Inc | US45168D1046 | 1.72% | $8.4M | Equity (common) | United States | USD |
| 22 | Live Nation Entertainment Inc | US5380341090 | 1.50% | $7.4M | Equity (common) | United States | USD |
| 23 | Guidewire Software Inc | US40171V1008 | 1.47% | $7.3M | Equity (common) | United States | USD |
| 24 | Kinsale Capital Group Inc | US49714P1084 | 0.83% | $4.1M | Equity (common) | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Equity (common) | 99.87% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 87.47% | |
| Canada | 3.29% | |
| Luxembourg | 2.69% | |
| Jersey | 2.49% | |
| Switzerland | 2.07% | |
| Bermuda | 1.85% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 99.87% |
Sector
| Sector | Weight | Bar |
|---|---|---|
| Consumer Discretionary | 19.88% | |
| Industrials | 12.39% | |
| Finance | 10.08% | |
| Technology | 10.06% | |
| Health Care | 1.72% |
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
No distributions in the last five years
Filings and sources
- Form N-PORT report for June 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000096481) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- RONB and VTI Vanguard Morningstar Total Stock Market ETF
- RONB and VOO Vanguard S&P 500 ETF
- RONB and IVV iShares Core S&P 500 ETF
- RONB and QQQ Invesco QQQ Trust, Series 1