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RONBvsIWPETF Comparison
Baron First Principles ETF (RONB) belongs to the US Multi-Factor segment. iShares Russell Mid-Cap Growth ETF (IWP) is part of the US Mid Cap Growth segment. RONB's top 3 sector exposures are Consumer Discretionary, Financials and Industrials. In contrast, IWP's top sector exposures are Consumer Discretionary, Information Technology and Industrials. RONB is more expensive with a Total Expense Ratio (TER) of 1.77%, versus 0.23% for IWP. RONB is down -3.91% year-to-date (YTD) with +$279M in YTD flows. IWP performs better with -2.84% YTD performance, and -$520M in YTD flows. Run a side-by-side ETF comparison of RONB and IWP below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
RONB vs IWP performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | RONB IWP | -0.28%-2.36% | -4.53%-5.93% | -3.91%-2.84% | n/a+14.47% | n/a+56.18% | n/a+32.36% |
| Flows | RONB IWP | +$172M-$14M | +$350M-$90M | +$279M-$520M | -+$1.19B | -+$1.86B | -+$499M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | RONB IWP | +14.56%+17.87% | n/a+23.45% | n/a+19.21% | n/a+22.35% |
| Max drawdown | RONB IWP | -8.53%-7.63% | n/a-16.33% | n/a-25.34% | n/a-38.70% |
| Max drawdown duration | RONB IWP | 78d64d | n/a38d | n/a134d | n/a1059d |
RONB | IWP | |
Last sale 3/12/2026 at 3:01 PM | $23.77 | $130.97 |
| Previous close 03/11/2026 | $23.95 | $132.99 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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RONB | IWP | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
RONB | IWP | |
|---|---|---|
| Last price | $23.77 | $130.97 |
| 1D performance | -0.75% | -1.52% |
| AuM | $341.72 M | $19.43 B |
| E/R | 1.77% | 0.23% |
RONB | IWP | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Baron Capital | iShares |
| Benchmark | - | Russell Midcap Growth Index |
| N° of holdings | 22 | 245 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 12, 2025 | July 17, 2001 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the RONB and IWP ETFs performed in 2026?
As of March 10, 2026, RONB is down -3.91% year-to-date (YTD), while IWP has lost -2.84%. That puts IWP better performer ahead so far this year.
Which ETF is attracting more investor money: RONB or IWP?
Year-to-date, the RONB ETF saw +$279M in flows, compared to -$520M for IWP.
Which ETF is bigger: RONB or IWP?
As of March 10, 2026, RONB holds $341.72 M in assets under management (AUM), while IWP manages $19.43 B.
What sectors do the RONB and IWP ETFs invest in?
RONB leans toward sectors like Consumer Discretionary, Financials and Industrials. Meanwhile, IWP focuses on Consumer Discretionary, Information Technology and Industrials.
What are the top holdings of the RONB ETF and IWP ETF?
RONB top holdings include TESLA, MSCI and SPOTIFY TECHNOLOGY SA. IWP holds in its top three: ROYAL CARIBBEAN GROUP, HOWMET AEROSPACE INC and VERTIV HOLDINGS.
Which ETF is more diversified: RONB or IWP?
RONB holds 22 securities with 61.51% of its assets in the top 15. IWP has 281 securities and a top 15 weight of 29.64%.
What's the Fund | Baron First Principles ETF (Ticker: RONB)
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