RONB 주가 전망 및 ETF 분석 - 배당·운용보수·보유종목·NAV·RSI·MACD

RONB

Baron First Principles ETF

7월 28일 1:43 PM ET (한국 7/29 02:43)

$21.42

+0.22 ▲ +1.04%

RONB ETF is analyzed across 10 metrics including expense ratio, holdings, sector allocation, dividends, RSI, and MACD.

Total Expense Ratio

Annual operating cost

Net Assets (AUM)

$329M

약 4505억원

Holdings

25 items

Dividend Yield

Management Style

Active

Category ⓘ	US Equities - US Style	Asset Type ⓘ	Equities (Stocks)	Return% 1Y ⓘ	-	Total Holdings ⓘ	25	Perf Week ⓘ	-3.43%
ETF Type ⓘ	US Equities	Active/Passive ⓘ	Active	Return% 3Y ⓘ	-	AUM ⓘ	$329M	Perf Month ⓘ	-7.19%
Expense ⓘ	1%	NAV ⓘ	$21.14	Return% 5Y ⓘ	-	52W High ⓘ	-19.87%	Perf Quarter ⓘ	-8.7%
Dividend TTM ⓘ	-	Div Gr. 3/5Y ⓘ	-	Return% 10Y ⓘ	-	52W Low ⓘ	3.08%	Perf Half Y ⓘ	-13.73%
Flows% 1M ⓘ	-27.15%	Flows% YTD ⓘ	118.07%	Return% SI ⓘ	-24.29%	Volatility(W/M) ⓘ	2.24% 2.18%	Perf YTD ⓘ	-14.35%
SMA20 ⓘ	-7.21%	SMA50 ⓘ	-9.26%	SMA200 ⓘ	-10.18%	RSI (14) ⓘ	30.9	Beta ⓘ	-
IPO ⓘ	2025/12/15	Prev Close ⓘ	$21.2	Perf Year ⓘ	-	Avg Volume ⓘ	0.92M	Price ⓘ	$21.42

📊 Baron First Principles ETF (RONB) Investment Analysis

ETF Overview

Baron First Principles ETF · US Equities - US Style

액티브 운용 — 펀드매니저가 종목을 선별해 초과수익 추구

2025년 상장, 1년 운영 중.

Baron First Principles ETF는 모든 시가총액 규모의 성장 기업 투자를 통해 자본이득을 추구합니다. 문제를 핵심 진실로 분해하고 가정을 도전하는 제1원칙 접근법은 진정한 가치를 발굴하기 위해 '모든 것을 질문하는' Baron Capital의 오랜 철학을 반영합니다. 지속가능한 경쟁 우위와 탁월한 경영진을 갖추고 상당한 성장 잠재력이 있는 기업에 투자합니다. 장기 내재 가치 대비 매력적이라고 판단되는 밸류에이션에 매수합니다. 포트폴리오는 주로 미국 증권에 투자하며, 시장 여건과 기회에 따라 총 순자산의 최대 1/3까지 레버리지를 활용할 수 있습니다. 비분산형 전략이며, 정상적인 상황에서 주로 모든 시가총액 규모의 미국 성장 기업 주식 증권(예탁증권 포함)에 투자합니다. 기회 활용을 위해 차입 자산 포함 총자산의 최대 1/3까지 은행으로부터 차입(레버리지)할 수 있습니다.

U.S.equitygrowth

규모: $329M 약 4505억원
운용사: Baron
운용 방식: 액티브 (운용사 재량)
상장일: 2025년

Cost Efficiency

Annual Expense Ratio · Category Rank · Long-Term Cost Impact

High-cost ETF — 1% annually

Costs are notably higher than the category average. Long-term holdings can erode returns.

Effective Annual Expense Ratio (Net Expense Ratio)

하위 5%

My positionBottom 5%

Low range Average High range

Actual Cost Simulation by Investment Amount

$100.0M

Annual Expense Ratio

$1.0M

Pay $580K more per year vs. category average

Category Median Annual Cost

$420K

Based on expense ratio of 0.42%

10-Year Cumulative Expense Ratio (Long-term simulation assuming 7% annual market growth)

$17.6M

18.2% of returns you could have earned goes to the fund manager due to fees

💡 Because the expense ratio takes a slice of your assets every year, costs compound over 10 years and result in far greater losses than a simple sum (annual fee × 10). The 7% annual return assumption is based on the S&P 500's long-term average.

Defaults shown against $100K baseline portfolio. Adjust the slider to update the amount in real time.

Cheaper alternatives in the same category

Schwab U.S. Large-Cap Growth ETF

0.04%

-0.96%p annually

* A lower fee does not necessarily mean a better ETF. Consider the tracked index, liquidity, and tax treatment as well.

Long-Term Performance

1-year · 3-year · 5-year · 10-year returns · vs. benchmark · drawdown defense

Insufficient return data

This ETF is either too recently listed or does not yet have enough disclosed return data. Please refer to ETFs that have been operating for more than one year.

Risk Profile

Volatility · Beta · Max Drawdown · Sharpe · Drawdown Recovery History

Overall Risk Grade

Low Risk

Less volatile than the market average, making it relatively easy to hold over time.

Average daily range (last 1 month)

하위 5%

±2.18%

S&P 500 typically ±1.0~1.3% · Bond funds ±0.3% · Leveraged ETFs ±3% or more

Annual volatility trend (past 10 years)

ℹ️ This ETF's average daily price swing. 1% means "on average, moves about ±1% per day." The rolling curve below shows the annualized volatility (long-term standard measure) over time.

Max Drawdown · Past 10 years

-18.7%

Drawdown duration: 1 months

2026-06-16 → 2026-07-23

Still recovering

2025-12-15 Worst -11% 2026-07-01

ℹ️ Maximum drawdown is the largest peak-to-trough decline in the past. It represents the worst-case loss a long-term investor must psychologically endure.

Sharpe Ratio (Risk-Adjusted Return)

-1.22

Poor — Underperforms the risk-free rate

ℹ️ Annualized return minus the risk-free rate (3% annualized), divided by annualized volatility. A value above 1.0 is generally considered good risk-adjusted performance.

Overall investment appeal

What this ETF fits best — strengths, weaknesses, and target investor profile

Strengths and weaknesses both present Check the fit below to see whether it matches your investing goal.

🎯 목적별 적합도

내가 이 ETF를 어떤 목적으로 활용할 수 있는지 확인하세요.

🌳

장기 보유

수년 이상 꾸준히 모아갈 때

낮음

💵

배당 인컴

매월·분기 현금흐름이 목적일 때

낮음

⚡

단기 트레이딩

며칠~몇 주 단기 방향성 매매

낮음

🧩

포트폴리오 보조

자산 배분·헤지 용도

낮음

👤

이런 분에게 어울려요

Investors who believe in active strategies

✅ 강점

뚜렷한 강점이 드러나지 않아요.

⚠️ 약점·주의사항

💸Very high expense ratio — 1% annually
⚠️Very high volatility — invest only with capital you can hold for the long term

Portfolio Composition

What's actually inside — sector weights and top holdings

26개 종목으로 구성

상위 섹터는 Consumer Cyclical (32%)

ℹ️ 왜 구성을 봐야 하나요?

ETF의 실제 성과는 담고 있는 종목과 섹터에서 나와요. 이름이 "S&P 500"이라도 기술주 비중이 유난히 높을 수 있고, "배당주 ETF"라도 몇몇 대형주에 쏠려 있을 수 있어요. 라벨보다 실제 구성을 확인하는 게 중요해요.

🔬 집중도 한눈에 보기

총 보유종목

26개

상위 10개 비중

59.0%

최대 단일 종목

13.59%

집중도(HHI)

532

보통

⚠️ 소수 종목·섹터에 집중되어 있어, 해당 종목/섹터가 흔들리면 ETF 전체가 크게 영향을 받아요.

🥧 섹터 비중

Consumer Cyclical

32.5%

Financial

19.3%

Industrials

17.2%

Technology

13.3%

Communication Services

6.2%

Real Estate

2.0%

Healthcare

1.9%

📋 상위 보유 종목 Top 10 Top 10이 전체의 59.0% 차지

티커 옆의 점 색상 = 섹터 구분 (섹터 차트와 동일 색상)

#1 TSLA Tesla Inc

13.59%

#2 MSCI MSCI Inc

6.60%

#3 SPCX Space Exploration Technologies

5.70%

#4 SHOP Shopify Inc

5.39%

#5 SPCX Space Exploration Technologies

5.09%

VRSK Verisk Analytics Inc

4.71%

#7 SCHW Charles Schwab Corp/The

4.67%

H Hyatt Hotels Corp

4.59%

FDS FactSet Research Systems Inc

4.43%

#10 SPOT Spotify Technology SA

4.26%

Category Peers

Category: US Equities - US Style

같은 카테고리 6종 중 AUM 6/6위 · 보수율 6/6위

카테고리: US Equities - US Style

ℹ️ 왜 비교해야 하나요?

같은 카테고리 ETF끼리는 보수율·규모(AUM)·배당률을 비교해 볼 가치가 있어요. 보수율은 낮을수록 장기 수익에 유리하고, AUM이 크면 운용 안정성이 높아요. ▲ 표시는 RONB보다 유리, ▼ 표시는 RONB보다 불리를 뜻해요.

티커	ETF명	보수율	AUM	보유종목	배당률	YTD	1년
RONB	Baron First Principles ETF	1%	$329M	25	-	-14.35%	-
BLCR	iShares Large Cap Core Active ETF	0.36% ▲	$6.4B ▲	44	0.30%	-	+29.76%
EAGL	Eagle Capital Select Equity ETF	0.8% ▲	$4.3B ▲	29	0.54%	-	+8.85%
LCAP	Principal Capital Appreciation Select ETF	0.29% ▲	$1.8B ▲	56	0.19%	-	+19.11%
AVLC	Avantis U.S. Large Cap Equity ETF	0.15% ▲	$1.4B ▲	857	0.82%	-	+20.94%
OAKM	Oakmark U.S. Large Cap ETF	0.59% ▲	$1.1B ▲	41	0.64%	-	+12.41%

AUM 내림차순 정렬 · ▲ RONB보다 유리 · ▼ RONB보다 불리

Leveraged & Covered Call ETFs on the Same Theme

ETFs that approach the same theme with a different strategy

9 ETFs tracking the same theme as RONB using leveraged or covered call strategies (Leverage 4 · Inverse 1 · Covered Call 4)

Not direct derivatives of RONB, but ETFs that cover the same theme via a different strategy.

ℹ️ Which ETFs are included?

Among ETFs whose theme (category or sector) overlaps with RONB, some use special strategies. Leveraged ETFs aim for 2–3× the daily move, Inverse ETFs seek opposite-direction returns, and Covered Call ETFs generate monthly income from option premiums.

⚠️ Caution: Long-Term Holding

Leveraged and inverse ETFs track only the daily return. With high volatility, holding them for longer periods causes cumulative volatility decay—returns diverge further from the underlying index. They are meant for short-term trading.

📈 Leverage 4 ETFs that amplify the same theme by 2-3x (high volatility)