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RONBvsSPGPETF Comparison
Baron First Principles ETF (RONB) and Invesco S&P 500 GARP ETF (SPGP) belong to the same industry segment: US Multi-Factor. RONB's top 3 sector exposures are Consumer Discretionary, Financials and Industrials. In contrast, SPGP's top sector exposures are Information Technology, Financials and Consumer Discretionary. RONB is more expensive with a Total Expense Ratio (TER) of 1.77%, versus 0.36% for SPGP. RONB is down -3.91% year-to-date (YTD) with +$279M in YTD flows. SPGP performs better with -2.47% YTD performance, and -$146M in YTD flows. Run a side-by-side ETF comparison of RONB and SPGP 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 SPGP performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | RONB SPGP | -0.28%-4.84% | -4.53%-3.90% | -3.91%-2.47% | n/a+14.03% | n/a+41.99% | n/a+43.91% |
| Flows | RONB SPGP | +$172M-$69M | +$350M-$164M | +$279M-$146M | --$1.39B | --$1.40B | -+$1.02B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | RONB SPGP | +14.56%+15.83% | n/a+21.78% | n/a+17.29% | n/a+18.53% |
| Max drawdown | RONB SPGP | -8.53%-5.63% | n/a-15.66% | n/a-22.86% | n/a-22.86% |
| Max drawdown duration | RONB SPGP | 78d64d | n/a46d | n/a256d | n/a256d |
RONB | SPGP | |
Last sale 3/12/2026 at 3:01 PM | $23.77 | $109.61 |
| Previous close 03/11/2026 | $23.95 | $111.02 |
| 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 | SPGP | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
RONB | SPGP | |
|---|---|---|
| Last price | $23.77 | $109.61 |
| 1D performance | -0.75% | -1.27% |
| AuM | $341.72 M | $2.24 B |
| E/R | 1.77% | 0.36% |
RONB | SPGP | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Baron Capital | Invesco |
| Benchmark | - | S&P 500 Growth at a Reasonable Price Index |
| N° of holdings | 22 | 74 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 12, 2025 | June 16, 2011 |
| 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 SPGP ETFs performed in 2026?
As of March 10, 2026, RONB is down -3.91% year-to-date (YTD), while SPGP has lost -2.47%. That puts SPGP better performer ahead so far this year.
Which ETF is attracting more investor money: RONB or SPGP?
Year-to-date, the RONB ETF saw +$279M in flows, compared to -$146M for SPGP.
Which ETF is bigger: RONB or SPGP?
As of March 10, 2026, RONB holds $341.72 M in assets under management (AUM), while SPGP manages $2.24 B.
What sectors do the RONB and SPGP ETFs invest in?
RONB leans toward sectors like Consumer Discretionary, Financials and Industrials. Meanwhile, SPGP focuses on Information Technology, Financials and Consumer Discretionary.
What are the top holdings of the RONB ETF and SPGP ETF?
RONB top holdings include TESLA, MSCI and SPOTIFY TECHNOLOGY SA. SPGP holds in its top three: NVIDIA, HOST HOTELS & RESORTS REIT and UBER TECHNOLOGIES INC.
Which ETF is more diversified: RONB or SPGP?
RONB holds 22 securities with 61.51% of its assets in the top 15. SPGP has 75 securities and a top 15 weight of 30.9%.
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