Summary
Baron Financials ETF is an ETF - a fund traded on an exchange like a stock - run by Baron. Positions inside: 44. The ten largest make up 45% of the fund.
- Yearly costs
- 0.80%
- Fund size
- $44.6M
- Positions
- 44
- Dividends
- Reinvested
- Running since
- 2019
What speaks for it
Nothing stands out in its favour.
What to watch
- 81% of the fund is in one sector (Financials).
- 86% of the fund is in one country (United States).
- Costs of 0.80% a year are above the middle of comparable funds (0.45%).
- A small fund with $44.6M under management; small funds get closed more often.
- It trades little: only about $48.5K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +2.6%
- 3 months
- -0.5%
- This year
- -8.3%
- Avg. market cap
- $225.4B
- P/E
- 20.2x
- Forward P/E
- 17.4x
- P/S
- 3.7x
- P/B
- 3.6x
- P/FCF
- 12.4x
- EV/EBITDA
- -
- Dividend yield
- 1.15%
- ROIC
- -
- ROE
- 42.8%
- Gross margin
- -
- Operating margin
- 37.8%
- Net margin
- 26.7%
- Payout ratio
- 23.2%
- Net debt/EBITDA
- -
- Beta
- 0.82
Weighted average of the 39 largest companies, which make up 96% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 VVisa V 6.9%
- 2 MAMastercard MA 6.7%
- 3 JPJPMorgan JPM 5.0%
- 4 SPS&P Global SPGI 4.3%
- 5 BABank of America BAC 4.2%
- 6 MCMoody's MCO 3.9%
- 7 MSMSCI MSCI 3.8%
- 8 SCCharles Schwab SCHW 3.7%
- 9 MSMorgan Stanley MS 3.5%
- 10 LPLPL Financial LPLA 3.4%
Positions in the fund: 44. The ten largest make up 45% of it.
Composition as of Nov 7, 2026.
Where is it spread?
One sector dominatesBy sector
- Financials 81%
- Technology 11%
- Industrials 4.0%
- Consumer cyclical 2.4%
- Other 1.1%
By country
- United States 86%
- Ireland 3.1%
- Uruguay 2.7%
- Bermuda 2.1%
- Other countries 6.1%
By company size
- Mega cap 30%
- Large cap 65%
- Mid cap 3.4%
- Small cap 2.0%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Financials (81%). Largest country: United States (86%). Largest size group: Large cap (65%).
What does it cost me?
Expensive- A year from $10,000
- $80.00
- Over 20 years
- $3,763
From every $10,000 invested the fund takes $80.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,763.
How has it done?
- Deepest drop
- -21%
- Yearly volatility
- 19%
It has traded for less than a year, too short to judge.
Does it pay dividends?
No, it reinvestsThe fund pays nothing out. What its holdings earn stays inside and shows in the price.
Is it easy to buy and sell?
It trades little- Traded a day
- $48.5K
- Shares a day
- 2.1K
On an average day about $48.5K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 20.2
- Average Bulios Score
- 72 out of 100
Weight by Bulios Fair Price
- Undervalued 24%
- Fairly valued 11%
- Overvalued 65%
On average the companies inside trade for 20.2 times their yearly profit. By Fair Price, 65% of the rated weight comes out as overvalued.
Counted from its largest companies (39), which make up 96% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
FM FMAX.TO Hamilton U.S. Financials YIELD MAXIMIZER ETF | Canada | 0.65% | $139.5M | -4.9% | Pays out | 44% |
IY IYG iShares U.S. Financial Services ETF | United States | 0.37% | $2.25B | +8.7% | Pays out | 43% |
XU XUFN.DE Xtrackers MSCI USA Financials UCITS ETF 1D | Ireland | 0.12% | $827.7M | +13% | Pays out | 42% |
QD QDVH.DE iShares S&P 500 Financials Sector UCITS ETF | Ireland | 0.15% | $2.43B | +15% | Reinvests | 42% |
ZP ZPDF.DE State Street SPDR S&P U.S. Financials Select Sector UCITS ETF (Acc) | Ireland | 0.15% | $887.3M | +15% | Reinvests | 42% |
XL XLF State Street Financial Select Sector SPDR ETF | United States | 0.08% | $54.1B | +9.5% | Pays out | 42% |