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Baron First Principles (RONB)

$24.54

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Key data on RONB

AUM

--

P/E ratio

30.2

Dividend yield

0.0009%

Expense ratio

1%

Beta

0.740403

Price on RONB

Previous close

$24.81

Today's open

$24.71

Day's range

$24.35 - $24.71

52 week range

$20.78 - $26.73

Profile about RONB

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Headquarters

US

Exchange

New York Stock Exchange

Issue type

Other

RONB industries and sectors

Equities

Domestic

Large-Cap

Growth

News on RONB

ETFs to Capitalize on SpaceX's Wireless Carrier Ambitions

SpaceX's wireless ambitions could create opportunities for cellular tower operators. Explore ETFs positioned to benefit from its expansion.

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Zacks Investment Research • Oct 23, 2026

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ETFs Join the Pre-IPO Rush to Reach for Private Growth

ETFs are increasingly breaking down the wall between public and private markets. Asset managers are finding ways to “ETF-ize” private equity and pre-IPO holdings — giving retail investors liquid, fractional access to growth opportunities historically restricted to institutional and accredited buyers.

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ETF Trends • Sep 16, 2026

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Baron First Principles ETF Q2 2026 Commentary

Baron First Principles ETF rebounded in Q2 from a disappointing start to the year with the Fund gaining 7.01% (NAV) compared with a gain of 17.05% for the Russell 3000 Growth Index. The quarterly relative underperformance was due to continued concerns about the effects of AI on many businesses held in the portfolio as well as continued momentum in the AI infrastructure and data center buildout companies to which the Fund is underexposed. While we are disappointed with the year-to-date relative underperformance, we continue to see opportunities throughout the portfolio.

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Seeking Alpha • Sep 9, 2026

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Baron First Principles ETF Q2 2026 Portfolio Review

Space Exploration Technologies shares rose as the company successfully completed the largest initial public offering in history, raising more than $85 billion. Rising capital expenditure signals conviction in growth initiatives and strengthening Tesla's position as a leading vertically integrated physical AI company. FIGS, Inc. stock detracted from performance as shares slipped due largely to investor positioning.

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Seeking Alpha • Sep 9, 2026

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SpaceX Earnings Validate Its Concentration in RONB ETF

Funds with concentrated positions in a single stock signal high conviction. This is exactly what Baron First Principles ETF (RONB) is communicating to investors with its over 30% allocation to SpaceX (as of August 4, 2026).

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ETF Trends • Aug 17, 2026

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The SpaceX Transformation: From Space Pioneer to AI Powerhouse

SpaceX (SPCX) captured investor attention once again this week as investors digested a series of rapid developments that are fundamentally reshaping the company's valuation story. What began as a pure-play commercial space giant is rapidly evolving into an artificial intelligence powerhouse, driven by the recent rollout of Grok 4.

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ETF Trends • Aug 14, 2026

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SpaceX Occupies Top, High-Conviction Holding in RONB ETF

The aerospace sector has evolved from a speculative frontier into a foundational pillar of modern global infrastructure. At the forefront of this technological shift is SpaceX, which has redefined the economics of space travel.

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ETF Trends • Jul 30, 2026

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SpaceX IPO: What the Stock's Swings Mean for ETFs

SpaceX's blockbuster IPO has given way to sharp volatility as valuation concerns, lockup risks and competition evaluate investor confidence.

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Zacks Investment Research • Jul 21, 2026

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From IPO to Core Holding: Why SpaceX Remains a RONB Cornerstone

Prior to the debut of SpaceX on the Nasdaq, one of the few ways to get exposure to this highly anticipated IPO was through Baron First Principles ETF (RONB) via publicly traded, transparent, liquid ETF shares. Just because it's now public doesn't mean the exposure stops.

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ETF Trends • Jul 8, 2026

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This ETF Is Feasting on SpaceX Stock. It's Also a Play on a Possible Tesla Acquisition.

The Baron First Principles ETF is the current king among “SpaceX ETFs.” Firm founder Ron Baron is a longtime fan of Elon Musk and backs that up with related investments.

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The Motley Fool • Jun 24, 2026

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