Baron Technology Fund (BTECX)
The mutual fund primarily invests in U.S. and non-U.S. technology companies with an emphasis on durable growth potential. It limits non-U.S. investments to 35% of total assets and is considered non-diversified.
Fund Info
US06828M5610
Dec 30, 2021
$1,000,000
Large-Cap
Growth
Expense Ratio
BTECX has a high expense ratio of 0.95%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Baron Technology Fund (BTECX) returned 3.05% year-to-date (YTD) and 30.63% over the past 12 months.
BTECX
3.05%
16.18%
6.45%
30.63%
26.67%
N/A
N/A
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of BTECX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.42% | -6.40% | -11.98% | 4.45% | 15.79% | 3.05% | |||||||
| 2024 | 3.52% | 9.02% | 1.66% | -5.46% | 4.36% | 8.54% | -2.42% | 1.65% | 4.69% | 2.58% | 10.50% | 2.20% | 47.80% |
| 2023 | 14.54% | 1.10% | 5.74% | -4.25% | 14.70% | 6.28% | 5.15% | -2.87% | -5.90% | -3.92% | 16.46% | 6.31% | 63.38% |
| 2022 | -4.89% | -4.69% | 0.24% | -15.31% | -4.10% | -8.84% | 11.95% | -2.89% | -12.18% | 2.37% | 0.99% | -8.84% | -39.46% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BTECX is 75, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Baron Technology Fund (BTECX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Baron Technology Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Baron Technology Fund was 43.18%, occurring on Jan 5, 2023. Recovery took 260 trading sessions.
The current Baron Technology Fund drawdown is 3.68%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -43.18% | Jan 13, 2022 | 246 | Jan 5, 2023 | 260 | Jan 19, 2024 | 506 |
| -29.6% | Feb 19, 2025 | 35 | Apr 8, 2025 | — | — | — |
| -16.14% | Jul 11, 2024 | 18 | Aug 5, 2024 | 45 | Oct 8, 2024 | 63 |
| -9.54% | Apr 12, 2024 | 6 | Apr 19, 2024 | 25 | May 24, 2024 | 31 |
| -6.29% | Dec 17, 2024 | 17 | Jan 13, 2025 | 16 | Feb 5, 2025 | 33 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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