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Baron First Principles ETF

RONB

Market cap $367M

24.30 USD

+0.13

0.54%

At close Updated Oct 19, 4:00 PM EDT

Pre-market

After hours

24.89

+0.59

2.43%

1 day

0.54%

5 days

-3.3%

1 month

2.27%

3 months

9.56%

6 months

0.25%

Year to date

-1.78%

1 year

-3.15%

5 years

-3.15%

10 years

-3.15%

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 28.6%

Neutral 42.9%

Negative 28.6%

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.

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

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.

Baron First Principles ETF Q2 2026 Portfolio Review

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.

Baron First Principles ETF Q2 2026 Commentary

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).

SpaceX Earnings Validate Its Concentration in RONB ETF

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.

The SpaceX Transformation: From Space Pioneer to AI Powerhouse

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.

SpaceX Occupies Top, High-Conviction Holding in RONB ETF

Zacks Investment Research

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.

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

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.

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

The Motley Fool

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.

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

Zacks Investment Research

Space Meets AI: SpaceX's Cursor Deal Puts These ETFs in Focus

SpaceX's $60 billion acquisition of AI startup Cursor strengthens its AI ambitions, boosts shares and puts SpaceX-heavy ETFs in focus.

Space Meets AI: SpaceX's Cursor Deal Puts These ETFs in Focus

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