RONB vs. DLN
RONB (Baron First Principles ETF) and DLN (WisdomTree U.S. LargeCap Dividend Fund) are both exchange-traded funds - RONB is a Large Cap Growth Equities fund actively managed by Baron Capital, while DLN is a Large Cap Value Equities fund tracking the WisdomTree U.S. LargeCap Dividend Index. RONB is actively managed, while DLN is passively managed. Their 0.42 correlation means their historical movements had little consistent relationship. RONB charges 1.00%/yr vs 0.28%/yr for DLN.
Performance
RONB vs. DLN - Performance Comparison
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Returns By Period
In the year-to-date period, RONB achieves a -16.11% return, which is significantly lower than DLN's 13.03% return.
RONB
- 1D
- -1.73%
- 1M
- -13.77%
- 6M
- -13.27%
- YTD
- -16.11%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
DLN
- 1D
- 0.27%
- 1M
- 1.58%
- 6M
- 9.25%
- YTD
- 13.03%
- 1Y
- 21.73%
- 3Y*
- 17.15%
- 5Y*
- 12.42%
- 10Y*
- 12.60%
- ALL TIME*
- 9.86%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $9.42M | $12.19M | $12.33M | |
| $5.12M | $7.20M | $22.20M |
RONB vs. DLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RONB Baron First Principles ETF | -16.11% | -0.76% |
DLN WisdomTree U.S. LargeCap Dividend Fund | 13.03% | 0.09% |
Correlation
The correlation between RONB and DLN is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 15, 2025 | 0.42 |
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Return for Risk
RONB vs. DLN — Risk / Return Rank
RONB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DLN
RONB vs. DLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron First Principles ETF (RONB) and WisdomTree U.S. LargeCap Dividend Fund (DLN). 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.
| RONB | DLN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.42 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.41 | — |
| Martin ratioReturn relative to average drawdown | — | 14.33 | — |
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Drawdowns
RONB vs. DLN - Drawdown Comparison
The maximum RONB drawdown since its inception was -19.37%, smaller than the maximum DLN drawdown of -57.84%. Use the drawdown chart below to compare losses from any high point for RONB and DLN.
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Drawdown Indicators
| RONB | DLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.37% | -57.84% | +38.47% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.71% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.26% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.82% | — |
Current DrawdownCurrent decline from peak | -19.37% | -0.43% | -18.94% |
Average DrawdownAverage peak-to-trough decline | -7.20% | -7.47% | +0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.45% | — |
Volatility
RONB vs. DLN - Volatility Comparison
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Volatility by Period
| RONB | DLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.35% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 6.89% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 21.04% | 9.03% | +12.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.04% | 13.24% | +7.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.04% | 16.12% | +4.92% |
RONB vs. DLN - Expense Ratio Comparison
RONB has a 1.00% expense ratio, which is higher than DLN's 0.28% expense ratio.
Dividends
RONB vs. DLN - Dividend Comparison
RONB has not paid dividends to shareholders, while DLN's dividend yield for the trailing twelve months is around 1.75%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLN WisdomTree U.S. LargeCap Dividend Fund | 1.75% | 1.90% | 2.00% | 2.43% | 2.53% | 2.01% | 2.66% | 2.51% | 2.90% | 2.33% | 2.64% | 2.80% |
RONB Baron First Principles ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RONB and DLN have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DLN is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DLN is cheaper with a 0.28% expense ratio, compared with 1.00% for RONB.
DLN has the higher dividend yield at 1.75%, compared with 0.00% for RONB.
RONB is categorized as Large Cap Growth Equities, while DLN is Large Cap Value Equities. They also come from different issuers: Baron Capital and WisdomTree. Their fees differ too: 1.00% for RONB and 0.28% for DLN.
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