BCTK vs. RONB

Last updated Jun 4, 2026

BCTK (Baron Technology ETF) and RONB (Baron First Principles ETF) are both exchange-traded funds - BCTK is a Technology Equities fund actively managed by Baron Capital, while RONB is a Large Cap Growth Equities fund actively managed by Baron Capital. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined. BCTK charges 0.75%/yr vs 1.00%/yr for RONB.

Performance

BCTK vs. RONB - Performance Comparison

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

Returns By Period

In the year-to-date period, BCTK achieves a 27.46% return, which is significantly higher than RONB's -3.75% return.

BCTK

• 1D: -0.76%
• 1M: 15.19%
• YTD: 27.46%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RONB

• 1D: -1.11%
• 1M: 4.33%
• YTD: -3.75%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BCTK vs. RONB - Yearly Performance Comparison

	2026 (YTD)	2025
BCTK Baron Technology ETF	27.46%	1.80%
RONB Baron First Principles ETF	-3.75%	-0.33%

Correlation

The correlation between BCTK and RONB is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 16, 2025	0.54

Return for Risk

BCTK vs. RONB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baron Technology ETF (BCTK) and Baron First Principles ETF (RONB). 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.

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

Sharpe Ratios by Period

	BCTK	RONB	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.83	-0.51	+3.35

Drawdowns

BCTK vs. RONB - Drawdown Comparison

The maximum BCTK drawdown since its inception was -13.96%, which is greater than RONB's maximum drawdown of -13.08%. Use the drawdown chart below to compare losses from any high point for BCTK and RONB.

Drawdown Indicators

	BCTK	RONB	Difference
Max Drawdown Largest peak-to-trough decline	-13.96%	-13.08%	-0.88%
Current Drawdown Current decline from peak	-0.76%	-5.80%	+5.04%
Average Drawdown Average peak-to-trough decline	-3.00%	-6.33%	+3.33%

Volatility

Volatility by Period

	BCTK	RONB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	26.98%	16.85%	+10.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.98%	16.85%	+10.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.98%	16.85%	+10.13%

BCTK vs. RONB - Expense Ratio Comparison

BCTK has a 0.75% expense ratio, which is lower than RONB's 1.00% expense ratio.

Dividends

BCTK vs. RONB - Dividend Comparison

Neither BCTK nor RONB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BCTK and RONB in my portfolio?

BCTK and RONB have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BCTK or RONB?

On fees, BCTK is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BCTK or RONB?

BCTK is cheaper with a 0.75% expense ratio, compared with 1.00% for RONB.

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

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

What is the main difference between BCTK and RONB?

BCTK is categorized as Technology Equities, while RONB is Large Cap Growth Equities. Their fees differ too: 0.75% for BCTK and 1.00% for RONB.