Summary
Baron Technology ETF is an ETF - a fund traded on an exchange like a stock - run by Baron. Positions inside: 37. The ten largest make up 57% of the fund.
- Yearly costs
- 0.75%
- Fund size
- $257.5M
- Positions
- 37
- Dividend yield
- 0.19%
- Running since
- 2021
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 57% of the fund, so its result rests on a few names.
- 88% of the fund is in one country (United States).
- Costs of 0.75% a year are above the middle of comparable funds (0.44%).
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
- -19%
- 3 months
- -17%
- This year
- +1.4%
- Avg. market cap
- $1.27T
- P/E
- 6.7x
- Forward P/E
- 29.2x
- P/S
- 1.2x
- P/B
- 0.3x
- P/FCF
- 46.0x
- EV/EBITDA
- 23.1x
- Dividend yield
- 0.23%
- ROIC
- 23.4%
- ROE
- 37.3%
- Gross margin
- 57.4%
- Operating margin
- 27.2%
- Net margin
- 25.3%
- Payout ratio
- 1.6%
- Net debt/EBITDA
- 32.9x
- Beta
- 1.73
Weighted average of the 33 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?
Concentrated- 1 NVNvidia NVDA 8.1%
- 2 63Spotify Technology S.A. 639.DE 7.5%
- 3 SPSpaceX SPCX 6.7%
- 4 TSTSMC TSM 5.8%
- 5 AMAmazon AMZN 5.7%
- 6 GOAlphabet GOOG 5.4%
- 7 LRLam Research LRCX 5.1%
- 8 SHShopify Inc. SHOP.TO 4.2%
- 9 MEMeta META 4.1%
- 10 MUMicron MU 4.1%
Positions in the fund: 37. The ten largest make up 57% of it.
Composition as of Nov 7, 2026.
Where is it spread?
One countryBy country
- United States 88%
- Taiwan 6.1%
- Canada 4.3%
- Netherlands 2.1%
By company size
- Mega cap 63%
- Large cap 32%
- Mid cap 4.3%
- Small cap 0.5%
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 country: United States (88%). Largest size group: Mega cap (63%).
What does it cost me?
Expensive- A year from $10,000
- $75.00
- Over 20 years
- $3,544
From every $10,000 invested the fund takes $75.00 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 $3,544.
How has it done?
- Deepest drop
- -24%
- Yearly volatility
- 33%
It has traded for less than a year, too short to judge.
Does it pay dividends?
Yes, it pays out- Yield
- 0.19%
- Last payment
- $0.05
Over the last 12 months it paid $0.05 per share, which is 0.19% of today's price. The last payment was $0.05 on Sep 22, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $1.10M
- Shares a day
- 43K
On an average day about $1.10M of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 6.7
- Average Bulios Score
- 68 out of 100
Weight by Bulios Fair Price
- Undervalued 5.0%
- Fairly valued 0.0%
- Overvalued 95%
On average the companies inside trade for 6.7 times their yearly profit. By Fair Price, 95% of the rated weight comes out as overvalued.
Counted from its largest companies (33), 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 | ||
|---|---|---|---|---|---|---|
WU WUGI AXS Esoterica NextG Economy ETF | United States | 1.46% | $30.6M | -24% | Reinvests | 45% |
PC PCLC Polen 5Perspectives Large Growth ETF | United States | 0.50% | $1.28M | - | - | 45% |
FR FRWD Nomura Transformational Technologies ETF | United States | 0.65% | $231.4M | - | Reinvests | 45% |
GT GTOP Goldman Sachs Technology Opportunities ETF | United States | 0.65% | $29.3B | - | Reinvests | 44% |
RC RCGTX Virtus Zevenbergen Technology Fund CL C· mutual fund | - | - | $1.47B | -8.9% | Pays out | 42% |
DR DRGTX Virtus Zevenbergen Technology Fund· mutual fund | - | - | $1.82B | +7.4% | Pays out | 42% |