Baron First Principles ETF (RONB)

NYSE · US Equities - US Style · USA

Are the companies inside RONB undervalued?

The companies inside RONB trade 51% above what we estimate they are worth. We could give a verdict on 68% of the fund's weight: 24 holdings as reported to the SEC at 30 Jun 2026.

Where the money is: 10% in companies in the buy zone, 6% about fairly valued, 52% overvalued, 32% without a verdict.

What does RONB hold?

The ten largest holdings, with our verdict on each:

How much does the RONB fee cost?

Its expense ratio is 1.00% a year: on $10,000 held flat that is $1,000 over 10 years and $2,000 over 20.

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