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Baron Emerging Markets Select ETF

Symbol BCEMCUSIP: 06829D602
Symbol BCEMCUSIP: 06829D602
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$27.14

Daily Change -$0.18 (-0.65%)
As of 09/10/2026

Market Price

$26.73

Daily Change -$0.58 (-2.12%)
As of 09/10/2026

Inception date

04/08/2026

Prices & Performance

PricesAs of 09/10/2026

As of 09/10/2026Daily Change ($)Daily Change (%)MTDQTDYTD
NAV$27.14-$0.18-0.65%1.80%-0.43%N/A
Market Price$26.73-$0.58-2.12%0.47%-3.48%N/A
NAVMarket Price
As of 09/10/2026$27.14$26.73
Daily Change ($)-$0.18-$0.58
Daily Change (%)-0.65%-2.12%
MTD1.80%0.47%
QTD-0.43%-3.48%
YTDN/AN/A
Download Historical Prices

Trading CharacteristicsAs of 09/10/2026

Baron Emerging Markets Select ETF
52-week High/Low$28.80/24.75
30 Day Average Trading Volume11,549
Volume (previous close)3,971
Premium / Discount-$0.41
Premium / Discount %-1.52%
30 Day Median Bid-Ask Spread0.34%
52-week High/Low
Baron Emerging Markets Select ETF$28.80/24.75
30 Day Average Trading Volume
Baron Emerging Markets Select ETF11,549
Volume (previous close)
Baron Emerging Markets Select ETF3,971
Premium / Discount
Baron Emerging Markets Select ETF-$0.41
Premium / Discount %
Baron Emerging Markets Select ETF-1.52%
30 Day Median Bid-Ask Spread
Baron Emerging Markets Select ETF0.34%

PerformanceAs of 08/31/2026

Portfolio or IndexQTD1YTD1Since Inception 04/08/2026
NAV-2.19%-6.66%
Market Price-3.92%-6.43%
MSCI Emerging Markets Index0.19%-12.71%
MSCI Emerging Markets IMI Growth Index-1.59%-10.59%

Premium/DiscountAs of 09/10/2026

Previous Year
2025
Current Year
Q4
Q3Q2Q1
Days at Discount0019160
Days at Premium0031410
Days at Discount
Previous Year
2025
0
Current Year
Q4
0
Q319
Q216
Q10
Days at Premium
Previous Year
2025
0
Current Year
Q4
0
Q331
Q241
Q10

Historical Premium/DiscountAs of 09/10/2026

Holdings & Characteristics

HoldingsAs of 09/10/2026

HoldingTickerWeight (%)Market Value ($)QuantityCUSIPISINSEDOL
TAIWAN SEMICONDUCTOR MANUFAC233012.65%$6,352,636.6681,844688910900TW00023300086889106
SAMSUNG ELECTRONICS CO LTDA0059307.48%$3,754,908.8718,688677172009KR70059300036771720
SK HYNIX INCA0006605.36%$2,689,258.291,943645026907KR70006600016450267
TENCENT HOLDINGS LTD7002.34%$1,177,241.1421,691BMMV2K903KYG875721634BMMV2K8
BAJAJ FINANCE LTDBAF2.15%$1,081,933.9598,963BTFGH1905INE296A01032BTFGH15
DIVI S LABORATORIES LTDDIVI2.04%$1,022,489.7510,340660251901INE361B010246602518
ALIBABA GROUP HOLDING SP ADRBABA2.00%$1,003,962.889,24801609W102US01609W1027BP41ZD1
SOUTHERN COPPER CORPSCCO1.98%$993,802.665,11984265V105US84265V10522823777
TAIWAN SEMICONDUCTOR SP ADRTSM1.93%$969,487.952,265874039100US87403910032113382
ETERNAL LTDETERNAL1.86%$934,566.67276,939ACI1VLX06INE758T01015BL6P210
PETROLEO BRASILEIRO SPON ADRPBR1.75%$877,178.6441,02871654V408US71654V40862616580
MEDIATEK INC24541.71%$861,022.985,758637248907TW00024540066372480
NATIONAL BANK OF GREECEETE1.55%$779,018.2138,696ACI14S0Q0GRS003003035BG087C6
DELTA ELECTRONICS INC23081.49%$749,131.9414,117626073902TW00023080046260734
ISC CO LTDA0953401.49%$748,704.365,259B243QP902KR7095340006B243QP5
NIPPON LIFE INDIA ASSET MANANAM1.46%$731,491.2958,919ACI0YJ394INE298J01013BF29PR1
FIRSTRAND LTDFSR1.42%$713,699.14118,648660699901ZAE0000663046606996
WUXI APPTEC CO LTD A6032591.41%$706,190.2730,653BHWLWV908CNE1000031K4BHWLWV4
VISTA ENERGY SAB DE CVVIST1.35%$678,891.058,59992837L109US92837L1098BJ84772
JSW ENERGY LTDJSW1.25%$629,531.99113,276B4X3ST906INE121E01018B4X3ST8
MAX HEALTHCARE INSTITUTE LTDMAXHEALT1.22%$610,173.0856,075BMB229904INE027H01010BMB2291
TRENT LTD FOREIGNTRENT1.15%$579,347.3519,618BDDRN3907INE849A01020BDDRN32
HPSP CO LTDA4038701.14%$574,646.8513,837BPDWY6900KR7403870009BPDWY61
POWER GRID CORP OF INDIA LTDPWGR1.14%$574,308.63201,716B233HS907INE752E01010B233HS6
ASPEED TECHNOLOGY INC52741.14%$571,702.39965B80VKP907TW0005274005B80VKP3
CREDICORP LTDBAP1.13%$567,262.801,495G2519Y108BMG2519Y10842232878
KIRLOSKAR OIL ENGINES LTDKIRLOSENG1.11%$559,589.4224,179ACI002LE7INE146L01010B687WY2
INTERGLOBE AVIATION LTDINDIGO1.11%$556,735.0610,746ACI0HQYF9INE646L01027BYYZ7D0
CHROMA ATE INC23601.10%$551,138.157,980621210905TW00023600056212100
MONTAGE TECHNOLOGY CO LTD H68091.09%$546,434.3415,847ACI38C665CNE100007DX6BQGFD56
GDS HOLDINGS LTD ADRGDS1.09%$545,817.3817,57336165L108US36165L1089BD6FLL7
CUMMINS INDIA LTDKKC1.08%$540,789.6010,013629486903INE298A010206294863
BYD CO LTD UNSPONSORED ADRBYDDY1.07%$537,176.6453,66405606L100US05606L1008B3DTK60
CONTEMPORARY AMPEREX TECHN A3007501.07%$537,115.2710,655BHQPSY905CNE100003662BHQPSY7
OTP BANK PLCOTP1.01%$505,417.073,465732015904HU00000617267320154
CHOLAMANDALAM INVESTMENT ANDCIFC1.01%$504,699.1025,913BJ9K2H906INE121A01024BJ9K2H4
D ALBA GLOBAL CO LTDA4836500.99%$496,769.943,766BV8DR1904KR7483650008BV8DR17
HYUNDAI GLOVIS CO LTDA0862800.99%$495,829.103,254B0V3XR904KR7086280005B0V3XR5
LOCALIZA RENT A CARRENT30.99%$495,261.9568,633B08K3S903BRRENTACNOR4B08K3S0
BHARAT ELECTRONICS LTDBHE0.95%$477,080.86112,435ACI0T1NN6INE263A01024BF1THH6
GOLD FIELDS LTDGFI0.94%$470,180.7810,436628021909ZAE0000181236280215
NU HOLDINGS LTD/CAYMAN ISL ANU0.93%$465,439.7630,988G6683N103KYG6683N1034BN6NP19
JIANGSU HENGLI HYDRAULIC C A6011000.91%$458,448.6730,714BP3RFJ905CNE1000019R4BP3RFJ6
RASAN INFORMATION TECHNOLOGY83130.90%$449,872.2312,277BMDKGW906SA162GIK1SH5BMDKGW4
XP INC CLASS AXP0.88%$440,318.5322,049G98239109KYG982391099BK4Y052
FULL TRUCK ALLIANCE SPN ADRYMM0.86%$430,166.4452,84635969L108US35969L1089BMD2L36
EMEMORY TECHNOLOGY INC35290.85%$425,269.214,917B2PXYH902TW0003529004B2PXYH2
FUYAO GLASS INDUSTRY GROUP A6006600.84%$419,525.9551,813BP3R6K902CNE000000230BP3R6K4
KINGDEE INTERNATIONAL SFTWR2680.80%$401,635.97418,823632758900KYG5256814776327587
HDFC BANK LTD ADRHDB0.79%$395,325.8418,10140415F101US40415F10122781648
ITAU UNIBANCO H SPON PRF ADRITUB0.78%$393,776.9047,443465562106US46556210622849739
DATA PATTERNS INDIA LTDDATAPATT0.75%$374,728.487,487BP6VTX907INE0IX101010BP6VTX7
BHARTI AIRTEL LTDBHARTI0.75%$374,572.4019,441644232902INE397D010246442327
ACUTAAS CHEMICALS LTDACUTAAS0.71%$357,154.229,877BQD2NX907INE00FF01025BQD2NX8
ZAI LAB LTD96880.68%$341,076.02142,496BP8L26905KYG9887T1168BP8L269
HD HYUNDAI MARINE SOLUTION CA4430600.68%$340,787.271,988ACI2NW8G2KR7443060009BRJRZT4
KOREA AEROSPACE INDUSTRIESA0478100.66%$333,644.763,356ACI00OXJ5KR7047810007B3N3363
DOOSAN ENERBILITY CO LTDA0340200.62%$309,090.014,603629467903KR70340200086294670
ZHEJIANG SHUANGHUAN DRIVEL A0024720.62%$308,954.1557,125BP91M3903CNE100000TF4BP91M35
GPS PARTICIPACOES E EMPREENDGGPS30.60%$300,738.92116,396BLFG6N906BRGGPSACNOR9BLFG6N4
ANTA SPORTS PRODUCTS LTD20200.59%$294,510.2832,054B1YVKN900KYG040111059B1YVKN8
BANK OF THE PHILIPPINE ISLANBPI0.58%$289,437.62173,885607496908PHY0967S16946074968
ZHEJIANG SANHUA INTELLIGEN H20500.50%$251,185.5280,071BV4K4Z902CNE100006Z79BV4K4Z5
PONY AI INCPONY0.50%$250,103.4937,723732908108US7329081084BRWKBD6
SAMSUNG BIOLOGICS CO LTDA2079400.46%$228,521.81215ACI0Q6P48KR7207940008BYNJCV6
GANFENG LITHIUM GROUP CO L A0024600.42%$209,578.4529,075BD5CB1906CNE100000SF6BD5CB19
RELIANCE INDS SPONS GDR 144ARIGD0.41%$207,112.503,945B16CYP903US7594701077B16CYP9
XIAOMI CORP CLASS B18100.41%$206,548.8662,489BG0ZMJ902KYG9830T1067BG0ZMJ9
TENCENT HOLDINGS LTD UNS ADRTCEHY0.41%$205,692.963,82488032Q109US88032Q1094B3F2DZ7
BANGKOK BANK PCL FOREIGN REGBBL-F0.38%$191,554.6133,207607701000TH00010100146077019
VALE SA SP ADRVALE0.33%$166,399.2010,89091912E105US91912E10552857334
HYUNDAI ROTEM COMPANYA0643500.32%$161,584.551,746BFPM3C902KR7064350002BFPM3C8
PROSUS NV SPON ADRPROSY0.31%$153,923.0618,81774365P108US74365P1084BKT6LC7
CHONGQING MACHINERY AND EL H27220.26%$132,337.07562,472B2QKB6908CNE1000009W5B2QKB60
XIAOMI CORP UNSP ADRXIACY0.14%$71,640.464,36398421U108US98421U1088BFXR7C3
ZAI LAB LTD ADRZLAB0.12%$60,255.812,49398887Q104US98887Q1040BD9GVY0
CASH AND FOREIGN CURRENCY2.18%$1,092,940.28
OTHER ASSETS AND LIABILITIES-NET-0.06%($29,954.57)
HoldingSector% of Net Assets
Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Company Limited (TSM), known as TSMC, is the world's largest independent semiconductor foundry, manufacturing chips on behalf of other companies.
TSMC is the dominant force in leading-edge semiconductor foundry manufacturing, as it benefits from economies of scale and a superior cost structure. The company's successful track record of deploying new technology faster than competitors helps it maintain market share and pricing power. We believe TSMC’s investments in advanced nodes will strengthen its market leadership and support long-term profitability.
Information Technology14.5%
Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd. (005930.KS) is a Korean technology conglomerate known for its leadership in consumer electronics and semiconductor manufacturing.
Samsung is the bellwether for global technology innovation and continues to deliver robust earnings across memory, logic, display, and smartphones. We are confident Samsung can maintain its technology leadership for years to come, given its strong research and development track record and ability to meet ever-changing global consumer demand.
Information Technology7.2%
SK hynix Inc.
SK hynix Inc. (000660.KS) is a South Korean semiconductor manufacturer and a leading global supplier of dynamic random-access memory (DRAM) and NAND flash memory, used across data centers, AI accelerators, PCs, smartphones, and other electronic devices.
Memory demand is structurally growing as devices become increasingly computationally intensive. We believe SK hynix will remain a key beneficiary of rising adoption of High Bandwidth Memory (HBM), which leverages advanced packaging to vertically stack DRAM chips, delivering higher bandwidth, improved power efficiency, and a smaller form factor. SK hynix has emerged as the industry leader in cutting-edge HBM, and we expect the company to generate strong earnings growth over the next several years, with significant upside from incremental long-term AI-driven demand.
Information Technology4.8%
Tencent Holdings Limited
Tencent Holdings Limited (700.HK) is a leading internet services provider and the top game developer in China. Tencent's primary platforms include QQ for instant messaging and WeChat for mobile messaging, social media, and mobile payments.
We are bullish on Tencent's ability to grow earnings per share at low double digit rates over the long term. The core franchise—gaming, social networks, and advertising—remains highly durable. It is protected by network effects, deep user engagement, and an embedded merchant and payments ecosystem that competitors cannot easily replicate. We see AI as an incremental option on top of an already resilient core, with early signs of traction across products, including a WeChat agent opportunity that plays directly to Tencent's ecosystem strengths.
Communication Services3.0%
Bajaj Finance Limited
Bajaj Finance Limited (BAF.IN) is a leading, non-banking financial company in India. It offers various financial products and services including housing loans, consumer durables financing, small- and medium-sized enterprise credit, and rural loans.  
We believe Bajaj is well positioned to benefit from growing demand for consumer financial services in India. The company’s data analytics platform is a key competitive advantage, enabling high risk-adjusted returns; in our view, return on equity can be sustained at 20%–22%. Bajaj is also building a broader digital ecosystem, with apps offering insurance, brokerage, wealth management, and other financial products. We expect Bajaj to compound earnings at roughly 25% annually over the next five years.
Financials2.2%
Southern Copper Corp
Southern Copper Corporation (SCCO) is a low-cost, integrated copper producer with long-life mines in Peru and Mexico. It mines, smelts, and refines copper and also produces molybdenum, silver, and zinc. It has the largest copper reserves of any listed company and is 88.9% owned by Grupo México.
Southern Copper combines the largest copper reserves of any listed company, long mine lives, and low-cost operations. Its organic project pipeline, led by Tia Maria, is expected to increase copper production about 68% by 2035. We are bullish on copper as electrification, grid investment, and AI data centers drive demand, while declining ore grades, limited discoveries, and long project lead times constrain supply. We expect these advantages to support strong long-term cash flow growth.
Materials2.2%
Alibaba Group Holding Limited
Alibaba Group Holding Limited (BABA) is China's largest e-commerce and cloud computing company. Alibaba owns and operates Taobao and Tmall—China's two largest online shopping platforms—alongside AliCloud, a leading China AI/cloud infrastructure provider with proprietary T-Head chips and Qwen models.
With over 1 billion annual active buyers and over 10 million merchants, we believe Alibaba benefits from the increased penetration of internet, mobile, and e-commerce in China. Alibaba is the largest player in e-commerce in China, and we expect it to remain a dominant force for years to come, though we acknowledge substantial low-priced competition. We increasingly view it as one of the best-positioned proxies for China's AI supply chain, with a differentiated full-stack position across proprietary chips, cloud infrastructure, and leading models.
Consumer Discretionary2.1%
Divi's Laboratories Limited
Divi’s Laboratories Ltd. (DIVI.IN) is a leading player in pharmaceutical contract manufacturing and production of Active Pharmaceutical Ingredients (APIs) for the generics industry. Divi’s focuses on complex value-add projects, earning high margins and returns on capital.
Divi's is a beneficiary of increased API outsourcing by global pharmaceutical companies. The company has a dominant position with >60% market share in key APIs such as Naproxen and Dextromethorphan, given its economies of scale and lower cost structure. We expect the company to generate 10% to 15% earnings growth for the next five years driven by continued robust demand.
Health Care2.1%
Eternal Limited
Eternal Limited (ETERNAL.IN) owns India’s leading food delivery platform, Zomato, and quick commerce platform, Blinkit. Zomato holds an estimated 55% of food delivery, while Blinkit accounts for approximately 40% of quick commerce. 
Eternal is well positioned to benefit from structural growth in online food delivery in India. The industry has become a duopoly between Swiggy and Eternal, which bodes well for future economics and scale. Eternal is also leading competition in the fast-growing quick commerce industry in India. We believe the company has the potential to double revenue while also improving profitability and growing earnings over the next three to five years. 
Consumer Discretionary1.9%
Delta Electronics, Inc.
Delta Electronics, Inc. (2308.TT) is a leading global provider of power and thermal management solutions. The company is headquartered in Taipei, Taiwan.
With decades of experience, significant scale advantages, and technological leadership, Delta provides superior power supply efficiency, shorter product design cycles, and better cost structure relative to competitors. We expect AI data center buildouts to accelerate Delta’s top-line growth to a mid-teens compound annual growth rate over the next three to five years, while driving margin expansion through a favorable product mix shift and operating leverage.
Information Technology1.7%
Total
41.7%
HoldingSector% of Net Assets
Franklin FTSE India ETF
Unclassified15.4%
Taiwan Semiconductor Manufacturing Company Limited
Information Technology11.8%
Samsung Electronics Co., Ltd.
Information Technology7.8%
SK hynix Inc.
Information Technology6.5%
Tencent Holdings, Ltd.
Communication Services2.4%
Taiwan Semiconductor Manufacturing Company Limited - ADR
Information Technology2.2%
Montage Technology Co., Ltd.
Information Technology2.1%
Southern Copper Corp
Materials2.1%
MediaTek Inc.
Information Technology1.9%
FirstRand Limited
Financials1.8%
Alibaba Group Holding Limited - ADR
Consumer Discretionary1.8%
Delta Electronics, Inc.
Information Technology1.8%
Contemporary Amperex Technology Co., Limited
Industrials1.7%
Itau Unibanco Holding S.A. - ADR
Financials1.6%
National Bank of Greece S.A.
Financials1.5%
ISC Co., Ltd.
Information Technology1.2%
WuXi AppTec Co., Ltd.
Health Care1.2%
Credicorp Ltd.
Financials1.2%
d'Alba Global Co., Ltd.
Consumer Staples1.1%
Chroma ATE Inc.
Information Technology1.1%
BYD Company Limited
Consumer Discretionary1.1%
SK Square Co., Ltd.
Industrials1.1%
Rasan Information Technology Company
Financials1.0%
HPSP Co., Ltd.
Information Technology1.0%
Localiza Rent a Car S.A.
Industrials1.0%
GDS Holdings Limited
Information Technology1.0%
ASPEED Technology Inc.
Information Technology1.0%
XP Inc.
Financials1.0%
OTP Bank Plc.
Financials1.0%
Jiangsu Hengli Hydraulic Co., Ltd.
Industrials1.0%
eMemory Technology Inc.
Information Technology0.9%
Vista Energy, S.A.B. de C.V.
Energy0.9%
Larsen & Toubro Limited
Industrials0.9%
Zhejiang Shuanghuan Driveline Co., Ltd.
Consumer Discretionary0.8%
HYUNDAI Glovis Co., Ltd.
Industrials0.8%
Fuyao Glass Industry Group Co., Ltd.
Consumer Discretionary0.8%
Full Truck Alliance Co. Ltd. - ADR
Industrials0.8%
HDFC Bank Limited - ADR
Financials0.7%
Petroleo Brasileiro S.A. - Adr
Energy0.7%
Doosan Enerbility Co., Ltd.
Industrials0.6%
Korea Aerospace Industries, Ltd.
Industrials0.6%
Nu Holdings Ltd.
Financials0.6%
Chongqing Machinery & Electric Co., Ltd.
Industrials0.6%
GPS Participacoes e Empreendimentos S.A. 144A
Industrials0.5%
Zhejiang Sanhua Intelligent Controls Co., Ltd.
Industrials0.5%
Zai Lab Limited
Health Care0.5%
Bank of the Philippine Islands
Financials0.5%
Gold Fields Limited
Materials0.5%
Vale S.A. ADR
Materials0.5%
Tencent Music Entertainment Group
Communication Services0.5%
Kingdee International Software Group Company Limited
Information Technology0.5%
Samsung Biologics Co., Ltd. 144A
Health Care0.4%
ANTA Sports Products Limited
Consumer Discretionary0.4%
Tencent Holdings Limited - ADR
Communication Services0.4%
Reliance Inds-Spons Gdr 144a
Energy0.4%
HD HYUNDAI Marine Solution CO., LTD.
Industrials0.4%
Pony AI Inc.
Information Technology0.4%
Hyundai Rotem Company
Industrials0.4%
Ganfeng Lithium Group Co., Ltd.
Materials0.4%
Samsung Heavy Industries Co., Ltd.
Industrials0.3%
Xiaomi Corporation
Information Technology0.3%
Prosus N.V. - ADR
Consumer Discretionary0.3%
The Japan Steel Works, Ltd.
Industrials0.2%
Zai Lab Limited -ADR
Health Care0.1%
Xiaomi Corporation
Information Technology0.1%

GICS Sector BreakdownAs of 08/31/2026

Sector

Information Technology

38.9%

Financials

15.0%

Industrials

13.6%

Consumer Discretionary

9.0%

Health Care

6.8%

Materials

3.9%

Communication Services

3.7%

Energy

3.2%

Cash and Cash Equivalents

2.4%

Utilities

2.4%

Consumer Staples

1.2%

Semiconductors23.6%
Technology Hardware, Storage & Peripherals7.8%
Diversified Banks7.1%
Life Sciences Tools & Services4.0%
Consumer Finance3.3%
Interactive Media & Services3.0%
Industrial Machinery & Supplies & Components 2.6%
Broadline Retail 2.5%
Aerospace & Defense2.4%
Semiconductor Materials & Equipment 2.3%
Copper2.2%
Restaurants1.9%
Electronic Components1.7%
Asset Management & Custody Banks1.5%
Application Software1.5%
04812162024
Semiconductors23.6%
Technology Hardware, Storage & Peripherals7.8%
Diversified Banks7.1%
Life Sciences Tools & Services4.0%
Consumer Finance3.3%
Interactive Media & Services3.0%
Industrial Machinery & Supplies & Components 2.6%
Broadline Retail 2.5%
Aerospace & Defense2.4%
Semiconductor Materials & Equipment 2.3%
Copper2.2%
Restaurants1.9%
Electronic Components1.7%
Asset Management & Custody Banks1.5%
Application Software1.5%
04812162024
India21.3%
Taiwan20.3%
China19.4%
Korea19.2%
Brazil5.8%
Peru3.3%
South Africa2.4%
Greece1.5%
Argentina1.2%
Hungary1.0%
Saudi Arabia0.9%
Philippines0.6%
Thailand0.4%
Netherlands0.3%
04812162024
India21.3%
Taiwan20.3%
China19.4%
Korea19.2%
Brazil5.8%
Peru3.3%
South Africa2.4%
Greece1.5%
Argentina1.2%
Hungary1.0%
Saudi Arabia0.9%
Philippines0.6%
Thailand0.4%
Netherlands0.3%
04812162024

Portfolio CharacteristicsAs of 06/30/2026

DescriptionBaron Emerging Markets Select ETFMSCI Emerging Markets Index
Inception DateApril 8, 2026
Total Expenses0.80%
As of FYE Current Expense Ratio Date04/30/2026
The Net Assets include all share classes combined.
Price/Book Ratio and Price/Sales Ratio are calculated using the Weighted Harmonic Average. Source: FactSet PA. Internal valuation metrics may differ.