BCFN vs. BCEM

Last updated Jul 12, 2026

BCFN (Baron Financials ETF) and BCEM (Baron Emerging Markets Select ETF) are both exchange-traded funds - BCFN is a Financials Equities fund tracking the Actively Managed, while BCEM is a Emerging Markets Equities fund actively managed by Baron Capital. BCFN is passively managed, while BCEM is actively managed. At a correlation of -0.05, they often move in opposite directions. Both charge a 0.80% expense ratio.

Performance

BCFN vs. BCEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baron Financials ETF (BCFN) and Baron Emerging Markets Select ETF (BCEM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BCFN

• 1D: 0.35%
• 1M: 6.19%
• 6M: -11.14%
• YTD: -9.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BCEM

• 1D: 0.03%
• 1M: -2.55%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BCFN vs. BCEM - Yearly Performance Comparison

	2026 (YTD)
BCFN Baron Financials ETF	5.11%
BCEM Baron Emerging Markets Select ETF	7.92%

Correlation

The correlation between BCFN and BCEM is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 9, 2026	-0.05

Return for Risk

BCFN vs. BCEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baron Financials ETF (BCFN) and Baron Emerging Markets Select ETF (BCEM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

BCFN vs. BCEM - Drawdown Comparison

The maximum BCFN drawdown since its inception was -20.95%, which is greater than BCEM's maximum drawdown of -8.79%. Use the drawdown chart below to compare losses from any high point for BCFN and BCEM.

Drawdown Indicators

	BCFN	BCEM	Difference
Max Drawdown Largest peak-to-trough decline	-20.95%	-8.79%	-12.16%
Current Drawdown Current decline from peak	-12.18%	-6.84%	-5.34%
Average Drawdown Average peak-to-trough decline	-12.76%	-2.80%	-9.96%

Volatility

Volatility by Period

	BCFN	BCEM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.27%	33.16%	-13.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.27%	33.16%	-13.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.27%	33.16%	-13.89%

BCFN vs. BCEM - Expense Ratio Comparison

Both BCFN and BCEM have an expense ratio of 0.80%.

Dividends

BCFN vs. BCEM - Dividend Comparison

Neither BCFN nor BCEM has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BCFN and BCEM in my portfolio?

BCFN and BCEM have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BCFN or BCEM?

Both ETFs have the same 0.80% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BCFN or BCEM?

BCFN and BCEM have the same expense ratio: 0.80% per year.

Which ETF pays a higher dividend yield, BCFN or BCEM?

BCFN and BCEM have nearly identical dividend yields, around 0.00%.

What is the main difference between BCFN and BCEM?

BCFN is categorized as Financials Equities, while BCEM is Emerging Markets Equities.