BCTK vs. MOON

Last updated Jun 25, 2026

BCTK (Baron Technology ETF) and MOON (Direxion Moonshot Innovators ETF) are both Technology Equities funds. BCTK is actively managed, while MOON is passively managed. BCTK charges 0.75%/yr vs 0.65%/yr for MOON.

Performance

BCTK vs. MOON - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baron Technology ETF (BCTK) and Direxion Moonshot Innovators ETF (MOON). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BCTK

• 1D: 0.02%
• 1M: 1.95%
• YTD: 20.79%
• 6M: 18.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MOON

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BCTK vs. MOON - Yearly Performance Comparison

	2026 (YTD)	2025
BCTK Baron Technology ETF	20.79%	0.84%
MOON Direxion Moonshot Innovators ETF	0.00%	0.00%

Return for Risk

BCTK vs. MOON - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baron Technology ETF (BCTK) and Direxion Moonshot Innovators ETF (MOON). 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

Drawdown Indicators

	BCTK	MOON	Difference
Max Drawdown Largest peak-to-trough decline	-13.96%	—	—
Current Drawdown Current decline from peak	-5.95%	—	—
Average Drawdown Average peak-to-trough decline	-3.20%	—	—

Volatility

Volatility by Period

	BCTK	MOON	Difference
Volatility (1Y) Calculated over the trailing 1-year period	30.02%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.02%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.02%	—	—

BCTK vs. MOON - Expense Ratio Comparison

BCTK has a 0.75% expense ratio, which is higher than MOON's 0.65% expense ratio.

Dividends

BCTK vs. MOON - Dividend Comparison

Neither BCTK nor MOON has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
BCTK Baron Technology ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MOON Direxion Moonshot Innovators ETF	0.00%	0.00%	0.62%	1.41%	0.00%	1.64%

Frequently Asked Questions

Which ETF is better, BCTK or MOON?

On fees, MOON is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BCTK or MOON?

MOON is cheaper with a 0.65% expense ratio, compared with 0.75% for BCTK.

Which ETF pays a higher dividend yield, BCTK or MOON?

BCTK and MOON have nearly identical dividend yields, around 0.00%.

What is the main difference between BCTK and MOON?

They also come from different issuers: Baron Capital and Direxion. Their fees differ too: 0.75% for BCTK and 0.65% for MOON.