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›ETF Providers›Baron Capital›RONB

RONB

US06829D1072

Active ETF Equity

RONB ETF · Baron First Principles ETF

The RONB Exchange Traded Fund (ETF) is provided by Baron Capital. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.

Last update 4/2/2026, 1:30 PM UTC

LIVE

CLOSED

This fund is part ofUS Multi-Factor1M perf.-4.54%

Last price

$22.80

1M perf.

-6.49%

1M flows

+€81M

AuM

€236M

E/R

1.77%

Rating

Not rated

ESG Consensus®

RONB

$22.80

Performance & flows

January 2, 2026 → April 1, 2026

Create a free account to view the flows graph

RONB

$22.83

-7.52%

Historic performance and flows

	1M	3M	1Y	3Y	5Y	MTD	QTD	YTD
Perf.	-6.49%	-7.52%	N/A	N/A	N/A	+0.18%	+0.18%	-8.35%
Flows

Key fund info

This ETF's jurisdiction country is not in your region (Europe and Middle East) ·

Main characteristics

Issuer

Baron Capital

CUSIP

06829D107

ISIN

US06829D1072

AuM

€236M

E/R

1.77%

ESG Consensus®

More details

NAV

4/1/2026

$22.83

1D NAV change

+0.18%

Dividend policy

Distributing

No. of holdings

N/A

Inception date

12/12/2025

Jurisdiction

United States

Distribution

United States

Legal structure

Open-end Investment Company

Base currency

USD

Dividend distribution

Trailing 12-month distr. yield

Distribution frequency

Last distribution

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Classification

Product type

Active ETF

Asset class

Equity

Factors

N/A

Investment strategy

The strategy seeks capital appreciation through investments in growth companies of any market capitalization. Guided by a First Principles approach—breaking problems down to their core truths and challenging assumptions—this framework reflects Baron Capital’s longstanding philosophy of “questioning everything” to uncover true value. Investments are made in businesses with the potential for significant growth with durable competitive advantages, and exceptional management teams. Investments are purchased at valuations we believe are attractive based on their long-term intrinsic value. The portfolio holdings are primarily in U.S. securities and can deploy leverage of up to one third of total net assets when market conditions and opportunities present themselves. The strategy is non-diversified.

Tax optimisation

PEA

France

UK Reporting Status

United Kingdom

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Built for professionals: access exclusive fund metrics and selection tools in Trackinsight Enterprise.

Enterprise Fund page features include:

Legal documents

Powerful buy-list integration

Fund data exports

Advanced risk metrics

Advanced replication analysis

Advanced exposure look-through

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Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Risk profile

Historical risk/return profile

	3M	1Y	3Y	5Y
Returns	-7.52%	N/A	N/A	N/A
Volatility
Perf./Volatility
Max drawdown

Create a free account to view risk/return table

Synthetic Risk and Reward Indicator (SRRI)

UCITS

N/A

PRIIPS

N/A

More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries

Unavailable

100.00%

Sectors

Unavailable

100.00%

Diversification

This fund does not provide direct exposure to underlying securities.

Top 15 holdings

This fund does not provide direct exposure to underlying securities

More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria

SDG

More sustainability metrics are available, exclusively in Trackinsight Enterprise

Issuer

Baron Capital

Baron Capital ID Card

Number of funds

Total AuM

€430M

Expense ratio range

0.75% - 1.77%

Average expense ratio

0.964%

View all Baron Capital funds

Top 5 funds by Baron Capital

		AuM
RONB	Baron First Principles ETF	€236M
BCTK	Baron Technology ETF	€126M
BCFN	Baron Financials ETF	€40M
BCSM	Baron SMID Cap ETF	€23M
BCGD	Baron Global Durable Advantage ETF	€6.4M

Frequently asked questions about RONB

What does Baron First Principles ETF, RONB, invest in?

RONB is a Active ETF. This ETF provides exposure to Other US Equities.

What is the Total Expense ratio (TER) of RONB?

RONB carries a total expense ratio (TER) of 1.77%, indicating the annual cost for holding the fund.

When was RONB launched?

RONB was introduced to the market on December 12, 2025. It trades on United States

Who is the ETF issuer of RONB?

Baron First Principles ETF, RONB, is provided by Baron Capital. Learn more about Baron Capital here.

What is the current assets under management (AUM) of RONB?

RONB oversees €236M in assets as of April 1, 2026.

How has RONB performed lately?

Based on data from April 1, 2026, RONB returned -6.49% over the past month, -7.52% over the last three months and -8.35% year-to-date.

What are the latest inflows or outflows for RONB?

As of April 1, 2026, RONB recorded net flows of +€80M over the last month and +€192M year-to-date.

Does RONB distribute dividends?

RONB follows a distributing dividend policy, meaning it pays out income to investors.

What is the base currency of RONB?

The base currency of RONB is USD.

About Trackinsight

Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.

Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.

More about Trackinsight

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RONB ETF · Baron First Principles ETF

Performance & flows

Historic performance and flows

Monthly performance and flows

Trading and listing info

Key fund info

Enterprise

Risk profile

Historical risk/return profile

Exposure

Sustainability

Issuer

Frequently asked questions about RONB

What does Baron First Principles ETF, RONB, invest in?

RONB is a Active ETF. This ETF provides exposure to Other US Equities.

What is the Total Expense ratio (TER) of RONB?

RONB carries a total expense ratio (TER) of 1.77%, indicating the annual cost for holding the fund.

When was RONB launched?

RONB was introduced to the market on December 12, 2025. It trades on United States

Who is the ETF issuer of RONB?

Baron First Principles ETF, RONB, is provided by Baron Capital. Learn more about Baron Capital here.

What is the current assets under management (AUM) of RONB?

RONB oversees €236M in assets as of April 1, 2026.

How has RONB performed lately?

Based on data from April 1, 2026, RONB returned -6.49% over the past month, -7.52% over the last three months and -8.35% year-to-date.

What are the latest inflows or outflows for RONB?

As of April 1, 2026, RONB recorded net flows of +€80M over the last month and +€192M year-to-date.

Does RONB distribute dividends?

RONB follows a distributing dividend policy, meaning it pays out income to investors.

What is the base currency of RONB?

The base currency of RONB is USD.

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