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Baron Technology ETF

Symbol BCTKCUSIP: 06829D503
Symbol BCTKCUSIP: 06829D503
SCT
Sector

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$24.11

Daily Change -$0.19 (-0.80%)
As of 03/13/2026

Market Price

$24.12

Daily Change -$0.18 (-0.74%)
As of 03/13/2026

Net Assets

$149.14 M

As of 12/31/2025

Morningstar Rating™

As of 02/28/2026

Morningstar Medalist Rating™

medal Logo

GOLD

Inception date

12/31/2021

Prices & Performance

PricesAs of 03/13/2026

As of 03/13/2026Daily Change ($)Daily Change (%)MTDQTDYTD
NAV$24.11-$0.19-0.80%-2.28%-3.77%-3.77%
Market Price$24.12-$0.18-0.74%-2.11%-4.00%N/A
NAV
As of 03/13/2026$24.11
Daily Change ($)-$0.19
Daily Change (%)-0.80%
MTD-2.28%
QTD-3.77%
YTD-3.77%
Market Price
As of 03/13/2026$24.12
Daily Change ($)-$0.18
Daily Change (%)-0.74%
MTD-2.11%
QTD-4.00%
YTDN/A
Download Historical Prices

Trading CharacteristicsAs of 03/13/2026

Baron Technology ETF
52-week High/Low$26.24/22.80
30 Day Average Trading Volume33,453
Volume (previous close)9,657
Premium / Discount$0.00
Premium / Discount %0.02%
30 Day Median Bid-Ask SpreadN/A
52-week High/Low
Baron Technology ETF$26.24/22.80
30 Day Average Trading Volume
Baron Technology ETF33,453
Volume (previous close)
Baron Technology ETF9,657
Premium / Discount
Baron Technology ETF$0.00
Premium / Discount %
Baron Technology ETF0.02%
30 Day Median Bid-Ask Spread
Baron Technology ETFN/A

PerformanceAs of 02/28/2026

Portfolio or IndexQTD1YTD11 Year3 YearsSince Inception 12/31/2021
NAV-1.52%-1.52%19.37%34.07%11.16%
Market Price-1.92%-1.92%18.32%33.67%10.93%
MSCI ACWI Information Technology Index-0.14%-0.14%30.17%31.62%14.04%
S&P 500 Index0.68%0.68%16.99%21.80%10.82%
MSCI ACWI Index4.29%4.29%24.19%20.73%10.14%

Performance InformationAs of 12/31/2025

Performance statistics3 YearsSince Inception
Standard Deviation (%)22.9226.29
Sharpe Ratio1.590.30
Alpha (%)1.11-2.56
Beta1.121.07
R-Squared (%)81.1984.65
Tracking Error (%)10.1810.41
Information Ratio0.55-0.25
Upside Capture (%)113.72102.97
Downside Capture (%)113.59113.13
Source: FactSet SPAR. Except for Standard Deviation and Sharpe Ratio, the performance based characteristics above were calculated relative to the Fund's benchmark.
Performance characteristics are calculated using the returns of the institutional shares of the predecessor mutual fund prior to the ETF’s commencement of operations. 

Premium/DiscountAs of 03/13/2026

Previous Year
2025		Current Year
Q4		Q3Q2Q1
Days at Discount000031
Days at Premium1200018
Days at Discount
Previous Year
2025		0
Current Year
Q4		0
Q30
Q20
Q131
Days at Premium
Previous Year
2025		12
Current Year
Q4		0
Q30
Q20
Q118

Historical Premium/DiscountAs of 03/13/2026

Holdings & Characteristics

HoldingsAs of 03/12/2026

Daily Holdings
Quarterly Holdings
Download Daily Holdings
HoldingTickerWeight (%)Market Value ($)QuantityCUSIPISINSEDOL
NVIDIA CORPNVDA11.62%$17,129,084.2093,53067066G104US67066G10402379504
BROADCOM INCAVGO9.82%$14,467,540.1443,06211135F101US11135F1012BDZ78H9
TAIWAN SEMICONDUCTOR SP ADRTSM8.42%$12,404,059.6936,839874039100US87403910032113382
AMAZON.COM INCAMZN6.85%$10,092,431.5148,167023135106US02313510672000019
SPOTIFY TECHNOLOGY SASPOT4.51%$6,639,957.7013,030L8681T102LU1778762911BFZ1K46
LAM RESEARCH CORPLRCX4.49%$6,611,294.9131,559512807306US5128073062BSML4N7
ALPHABET INC CL CGOOG4.16%$6,126,661.2620,20602079K107US02079K1079BYY88Y7
COHERENT CORPCOHR3.76%$5,534,492.5322,93919247G107US19247G1076BNG8Z81
SHOPIFY INC CLASS ASHOP3.72%$5,478,932.2543,42582509L107CA82509L1076BXDZ9Z0
TESLA INCTSLA3.61%$5,325,524.8213,48288160R101US88160R1014B616C79
AXON ENTERPRISE INCAXON2.94%$4,327,800.408,66605464C101US05464C1018BDT5S35
META PLATFORMS INC CLASS AMETA2.34%$3,449,362.905,40530303M102US30303M1027B7TL820
LUMENTUM HOLDINGS INCLITE2.17%$3,193,810.565,18455024U109US55024U1097BYM9ZP2
GDS HOLDINGS LTD ADRGDS2.13%$3,138,748.8273,30136165L108US36165L1089BD6FLL7
SAMSARA INC CL AIOT1.98%$2,924,684.2891,79879589L106US79589L1061BPK3058
GUIDEWIRE SOFTWARE INCGWRE1.82%$2,679,237.1116,99740171V100US40171V1008B7JYSG3
QUANTA SERVICES INCPWR1.77%$2,606,085.274,59774762E102US74762E10292150204
HINGE HEALTH INC AHNGE1.63%$2,398,216.8653,941433313103US4333131039BV99FG5
SNOWFLAKE INCSNOW1.59%$2,349,094.2513,253833445109US8334451098BN134B7
ARISTA NETWORKS INCANET1.54%$2,272,344.6216,954040413205US0404132054BL9XPM3
CLOUDFLARE INC CLASS ANET1.48%$2,181,127.1310,28318915M107US18915M1071BJXC5M2
SOLARIS ENERGY INFRASTRUCTURSEI1.43%$2,111,974.6639,60283418M103US83418M1036BD93QN5
ASML HOLDING NV NY REG SHSASML1.38%$2,036,831.061,507N07059210USN070592100B908F01
PALANTIR TECHNOLOGIES INC APLTR1.34%$1,967,256.0012,81669608A108US69608A1088BN78DQ4
MONOLITHIC POWER SYSTEMS INCMPWR1.27%$1,873,390.561,812609839105US6098391054B01Z7J1
DATADOG INC CLASS ADDOG1.22%$1,790,794.2814,08323804L103US23804L1035BKT9Y49
RUBRIK INC ARBRK1.21%$1,778,068.3032,915781154109US7811541090BSLQK57
MICRON TECHNOLOGY INCMU1.15%$1,692,741.604,176595112103US59511210382588184
FORGENT POWER SOLUTIONS INCFPS1.14%$1,681,214.8052,45634631F102US34631F1021BV9C843
ZSCALER INCZS1.12%$1,650,881.2910,88998980G102US98980G1022BZ00V34
SYNOPSYS INCSNPS0.96%$1,412,342.563,373871607107US87160710762867719
AAON INCAAON0.92%$1,359,703.0815,618000360206US00036020692268130
LOAR HOLDINGS INCLOAR0.91%$1,339,387.5021,25053947R105US53947R1059BLDCK32
INDIE SEMICONDUCTOR INC AINDI0.88%$1,290,203.68528,77245569U101US45569U1016BP4W0C8
HEARTFLOW INCHTFL0.74%$1,088,044.6552,33542238D107US42238D1072BV6KV30
NETSKOPE INC CL ANTSK0.57%$832,597.6587,18364119N608US64119N6085BQT3J26
SERVICETITAN INC ATTAN0.54%$800,830.9010,58681764X103US81764X1037BPGN2Q7
PAR TECHNOLOGY CORP/DELPAR0.47%$690,140.7043,542698884103US69888410362670036
SERVICENOW INCNOW0.35%$515,143.204,56081762P102US81762P1021B80NXX8
CASH AND FOREIGN CURRENCY0.16%$237,150.36
OTHER ASSETS AND LIABILITIES-NET-0.09%($126,585.52)
HoldingSector% of Net Assets
NVIDIA Corporation
Information Technology11.8%
Broadcom Inc.
Information Technology10.1%
Amazon.com, Inc.
Consumer Discretionary7.9%
Taiwan Semiconductor Manufacturing Company Limited - ADR
Information Technology7.4%
Tesla, Inc.
Consumer Discretionary5.6%
Microsoft Corporation
Information Technology4.9%
Spotify Technology S.A.
Communication Services4.2%
Lumentum Holdings Inc.
Information Technology3.4%
Coherent Corp.
Information Technology3.3%
Lam Research Corporation
Information Technology3.2%
Axon Enterprise, Inc.
Industrials2.7%
Apple Inc.
Information Technology2.6%
Meta Platforms, Inc.
Communication Services2.2%
Samsara Inc.
Information Technology2.0%
Zscaler Inc
Information Technology1.6%
GDS Holdings Limited
Information Technology1.5%
Hinge Health, Inc.
Health Care1.5%
Guidewire Software, Inc.
Information Technology1.5%
Shopify Inc.
Information Technology1.5%
Cloudflare, Inc.
Information Technology1.3%
DraftKings Inc.
Consumer Discretionary1.2%
indie Semiconductor, Inc.
Information Technology1.2%
Clearwater Analytics Holdings, Inc.
Information Technology1.2%
Micron Technology, Inc.
Information Technology1.2%
Quanta Services, Inc.
Industrials1.2%
Snowflake Inc.
Information Technology1.2%
Arista Networks, Inc.
Information Technology1.1%
Monolithic Power Systems, Inc.
Information Technology1.1%
Nova Ltd.
Information Technology1.1%
Loar Holdings Inc.
Industrials1.1%
Datadog, Inc. - Class A
Information Technology1.0%
Par Technology Corp/Del
Information Technology1.0%
Synopsys, Inc.
Information Technology1.0%
ServiceNow, Inc.
Information Technology1.0%
AAON, Inc.
Industrials0.9%
Netskope, Inc.
Information Technology0.9%
ServiceTitan, Inc.
Information Technology0.6%
Heartflow, Inc.
Health Care0.4%
Via Transportation, Inc.
Information Technology0.2%

Contributors / DetractorsQuarterly as of 12/31/2025

Top ContributorsAverage WeightContribution
Lumentum Holdings Inc.2.90%2.46%
Coherent Corp.2.67%1.33%
Taiwan Semiconductor Manufacturing Company Limited6.81%0.58%
Lam Research Corporation1.89%0.44%
Broadcom Inc.9.91%0.32%
Source: FactSet PA.

GICS Sector BreakdownAs of 02/28/2026

Sector

Information Technology

67.0%

Consumer Discretionary

11.0%

Communication Services

10.2%

Industrials

8.3%

Health Care

2.3%

Energy

0.9%

Cash & Cash Equivalents

0.3%

Sub-Industry

Semiconductors33.70%
Systems Software7.30%
Broadline Retail 7.20%
Interactive Media & Services5.80%
Application Software5.60%
Communications Equipment5.60%
Internet Services & Infrastructure5.50%
Semiconductor Materials & Equipment 5.40%
Movies & Entertainment4.40%
Aerospace & Defense4.10%
Electronic Components3.90%
Automobile Manufacturers3.80%
Construction & Engineering1.70%
Health Care Services1.50%
Electrical Components & Equipment1.20%
05101520253035
Semiconductors33.70%
Systems Software7.30%
Broadline Retail 7.20%
Interactive Media & Services5.80%
Application Software5.60%
Communications Equipment5.60%
Internet Services & Infrastructure5.50%
Semiconductor Materials & Equipment 5.40%
Movies & Entertainment4.40%
Aerospace & Defense4.10%
Electronic Components3.90%
Automobile Manufacturers3.80%
Construction & Engineering1.70%
Health Care Services1.50%
Electrical Components & Equipment1.20%
05101520253035

Portfolio CharacteristicsAs of 12/31/2025

DescriptionBaron Technology ETFMSCI ACWI Information Technology Index
Inception Date12/31/2021
Net Assets$149.14 million
# of Issuers / % of Net Assets39 / 99.1%
As of FYE Current Expense Ratio Date12/5/2025
Management Fee0.75%
Total Expenses0.75%
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.

Documents

Document Name
Summary Prospectus
Prospectus
Statement of Additional Information
Annual Financial Statements and Other Important Information