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Baron Technology ETF

Symbol BCTKCUSIP: 06829D503
SCT
Sector

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$25.31

Daily Change $0.09 (0.34%)
As of 01/26/2026

Market Price

$25.30

Daily Change $0.05 (0.21%)
As of 01/26/2026

Net Assets

$149.14 M

As of 12/31/2025

Morningstar Rating™

As of 10/31/2025

Morningstar Medalist Rating™

medal Logo

GOLD

Inception date

12/31/2021

Prices & Performance

PricesAs of 01/26/2026

As of 01/26/2026Daily Change ($)Daily Change (%)MTDQTDYTD
NAV$25.31$0.090.34%1.01%1.01%1.01%
Market Price$25.30$0.050.21%0.70%0.70%N/A
NAV
As of 01/26/2026$25.31
Daily Change ($)$0.09
Daily Change (%)0.34%
MTD1.01%
QTD1.01%
YTD1.01%
Market Price
As of 01/26/2026$25.30
Daily Change ($)$0.05
Daily Change (%)0.21%
MTD0.70%
QTD0.70%
YTDN/A
Download Historical Prices

Trading CharacteristicsAs of 01/26/2026

Baron Technology ETF
52-week High/Low$25.96/24.08
30 Day Average Trading VolumeN/A
Volume (previous close)57,662
Premium / Discount-$0.01
Premium / Discount %-0.06%
30 Day Median Bid-Ask Spread0.20%
52-week High/Low
Baron Technology ETF$25.96/24.08
30 Day Average Trading Volume
Baron Technology ETFN/A
Volume (previous close)
Baron Technology ETF57,662
Premium / Discount
Baron Technology ETF-$0.01
Premium / Discount %
Baron Technology ETF-0.06%
30 Day Median Bid-Ask Spread
Baron Technology ETF0.20%

PerformanceAs of 12/31/2025

Portfolio or IndexQTD1YTD11 Year3 YearsSince Inception 12/31/2021
NAV-0.77%17.34%17.34%41.50%12.08%
Market Price-0.52%16.79%16.79%41.28%11.95%
MSCI ACWI Information Technology Index2.88%26.37%26.37%35.93%14.70%
S&P 500 Index2.66%17.88%17.88%23.01%11.11%
MSCI ACWI Index3.29%22.34%22.34%20.65%9.43%

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 01/26/2026

Previous Year
2025		Current Year
Q4		Q3Q2Q1
Days at Discount00003
Days at Premium1200013
Days at Discount
Previous Year
2025		0
Current Year
Q4		0
Q30
Q20
Q13
Days at Premium
Previous Year
2025		12
Current Year
Q4		0
Q30
Q20
Q113

Historical Premium/DiscountAs of 01/26/2026

Holdings & Characteristics

HoldingsAs of 01/26/2026

Daily Holdings
Quarterly Holdings
Download Daily Holdings
HoldingTickerWeight (%)Market Value ($)QuantityCUSIPISINSEDOL
NVIDIA CORPNVDA11.64%$17,656,098.4294,68667066G104US67066G10402379504
BROADCOM INCAVGO9.36%$14,199,518.3543,71111135F101US11135F1012BDZ78H9
AMAZON.COM INCAMZN8.04%$12,188,030.4051,120023135106US02313510672000019
TAIWAN SEMICONDUCTOR SP ADRTSM7.99%$12,113,971.1036,410874039100US87403910032113382
TESLA INCTSLA5.41%$8,198,297.6018,83888160R101US88160R1014B616C79
MICROSOFT CORPMSFT4.76%$7,221,619.6815,356594918104US59491810452588173
LAM RESEARCH CORPLRCX4.15%$6,288,722.7928,217512807306US5128073062BSML4N7
COHERENT CORPCOHR3.81%$5,784,875.5229,25219247G107US19247G1076BNG8Z81
SPOTIFY TECHNOLOGY SASPOT3.80%$5,760,598.8011,238L8681T102LU1778762911BFZ1K46
AXON ENTERPRISE INCAXON2.98%$4,515,637.417,46305464C101US05464C1018BDT5S35
META PLATFORMS INC CLASS AMETA2.19%$3,322,130.764,94130303M102US30303M1027B7TL820
GDS HOLDINGS LTD ADRGDS1.93%$2,933,246.1763,06736165L108US36165L1089BD6FLL7
SAMSARA INC CL AIOT1.84%$2,794,156.3886,80279589L106US79589L1061BPK3058
LUMENTUM HOLDINGS INCLITE1.65%$2,504,345.857,53355024U109US55024U1097BYM9ZP2
MICRON TECHNOLOGY INCMU1.64%$2,488,230.556,395595112103US59511210382588184
NOVA LTDNVMI1.57%$2,381,457.245,154M7516K103IL00108455712577740
INDIE SEMICONDUCTOR INC AINDI1.54%$2,341,283.84522,60845569U101US45569U1016BP4W0C8
ZSCALER INCZS1.52%$2,309,201.6510,76398980G102US98980G1022BZ00V34
HINGE HEALTH INC AHNGE1.35%$2,051,858.7649,371433313103US4333131039BV99FG5
QUANTA SERVICES INCPWR1.35%$2,041,729.494,33774762E102US74762E10292150204
MONOLITHIC POWER SYSTEMS INCMPWR1.31%$1,980,331.561,854609839105US6098391054B01Z7J1
SHOPIFY INC CLASS ASHOP1.27%$1,931,240.0814,16882509L107CA82509L1076BXDZ9Z0
CLOUDFLARE INC CLASS ANET1.27%$1,924,553.4010,16418915M107US18915M1071BJXC5M2
ARISTA NETWORKS INCANET1.24%$1,883,881.7613,108040413205US0404132054BL9XPM3
AAON INCAAON1.22%$1,845,658.6219,746000360206US00036020692268130
LOAR HOLDINGS INCLOAR1.19%$1,807,961.6125,14953947R105US53947R1059BLDCK32
GUIDEWIRE SOFTWARE INCGWRE1.16%$1,760,391.8610,87440171V100US40171V1008B7JYSG3
SNOWFLAKE INCSNOW1.12%$1,701,779.858,055833445109US8334451098BN134B7
ATLASSIAN CORP CL ATEAM1.11%$1,679,000.3212,128049468101US0494681010BQ1PC76
SYNOPSYS INCSNPS1.10%$1,673,514.273,327871607107US87160710762867719
MERCADOLIBRE INCMELI1.02%$1,551,046.6270158733R102US58733R1023B23X1H3
DATADOG INC CLASS ADDOG1.02%$1,541,845.7611,28423804L103US23804L1035BKT9Y49
ALPHABET INC CL CGOOG0.95%$1,444,594.554,31102079K107US02079K1079BYY88Y7
SOLARIS ENERGY INFRASTRUCTURSEI0.95%$1,434,056.0027,57883418M103US83418M1036BD93QN5
DRAFTKINGS INC CL ADKNG0.91%$1,387,261.7045,36526142V105US26142V1052BLDDH12
PAR TECHNOLOGY CORP/DELPAR0.90%$1,358,950.5643,032698884103US69888410362670036
SERVICENOW INCNOW0.87%$1,315,271.989,64781762P102US81762P1021B80NXX8
CREDO TECHNOLOGY GROUP HOLDICRDO0.85%$1,291,465.7610,088G25457105KYG254571055BLD13F2
NETSKOPE INC CL ANTSK0.74%$1,125,567.4872,99464119N608US64119N6085BQT3J26
SERVICETITAN INC ATTAN0.65%$987,561.4510,46781764X103US81764X1037BPGN2Q7
HEARTFLOW INCHTFL0.43%$645,042.2420,78142238D107US42238D1072BV6KV30
VIA TRANSPORTATION INC CL AVIA0.17%$257,098.3810,11892556W104US92556W1045BVZNXR8
CASH AND FOREIGN CURRENCY0.10%$158,489.55
OTHER ASSETS AND LIABILITIES-NET-0.08%($115,042.07)
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 12/31/2025

Sector

Information Technology

70.2%

Consumer Discretionary

14.7%

Communication Services

6.4%

Industrials

5.9%

Health Care

1.9%

Cash & Cash Equivalents

0.9%

Sub-Industry

Semiconductors32.80%
Systems Software10.90%
Application Software8.60%
Broadline Retail 7.90%
Automobile Manufacturers5.60%
Communications Equipment4.60%
Semiconductor Materials & Equipment 4.30%
Movies & Entertainment4.20%
Aerospace & Defense3.80%
Electronic Components3.30%
Internet Services & Infrastructure3.00%
Technology Hardware, Storage & Peripherals2.60%
Interactive Media & Services2.20%
Health Care Services1.50%
Construction & Engineering1.20%
05101520253035
Semiconductors32.80%
Systems Software10.90%
Application Software8.60%
Broadline Retail 7.90%
Automobile Manufacturers5.60%
Communications Equipment4.60%
Semiconductor Materials & Equipment 4.30%
Movies & Entertainment4.20%
Aerospace & Defense3.80%
Electronic Components3.30%
Internet Services & Infrastructure3.00%
Technology Hardware, Storage & Peripherals2.60%
Interactive Media & Services2.20%
Health Care Services1.50%
Construction & Engineering1.20%
05101520253035

Portfolio CharacteristicsAs of 12/31/2025

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