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Launched

Baron Emerging Markets Select ETF

BCEMNYSEC

$26.32−0.23 (−0.85%)

As of Oct 13, 2026, 3:30 PM

C44/ 100

Rank 5 of 9 in Emerging Markets Active Growth

C44/100Rank 5 of 9inEmerging Markets Active Growth
Intraday session: down, 12 prints from 26.55 to 26.32. Range 26.20 to 26.32. Use the arrow keys to read each point.26.2026.4026.5010 AM12 PM2 PM4 PM
Expense ratio
0.80%
Fund size
$53M
1Y total return
—
Yield · Last 12 months
—
Holdings
82
Avg volume · 30D
0M sh
NAV per share
$26.87
52W range
low $24.75high $28.80
Launched

The ETF.net BCEM Grade

Based on 5 of 6 pillars

C

Score 44 out of 100

Category
Emerging Markets Active Growth⁠
Rank
5 of 9
Six-pillar profile for BCEM. Scores out of 100: Cost 42, Risk 42, Mission not scored, Tradability 32, Holdings 72, Durability 48. Strongest: Holdings (72). Weakest: Tradability (32). Based on 5 of 6 pillars.

Score 44 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C42 out of 100
    Rank 5 of 9

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C42 out of 100
    Rank 8 of 9

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D32 out of 100
    Rank 7 of 9

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A72 out of 100
    Rank 3 of 9

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C48 out of 100
    Rank 6 of 9

Our read on BCEM

ETF.net Research

CBaron took its 44-year growth-stock playbook into emerging markets and put it in an ETF: founder-led, capital-efficient companies of any size, run by the manager who has led Baron's EM strategy since 2011.

Stated mandate

The Fund seeks capital appreciation.

Why people hold it

  1. 01Actual stock picking, not index tracking. The mandate hunts high-quality EM growth companies that are founder-led, entrepreneurial and capital-efficient, with durable competitive advantages.baroncapitalgroup.com
  2. 02The process isn't brand new. Michael Kass has run Baron's emerging markets strategy since 2011, and the ETF applies that same bottom-up research approach.businesswire.com
  3. 03Go-anywhere on size: small, mid and large caps compete for the same portfolio slots, instead of defaulting to the mega-caps that anchor standard EM benchmarks.baroncapitalgroup.com

Worth knowing

  1. 010.80% a year is above the typical active EM fund and roughly double systematic rivals like AVEM and JEMA at 0.33%. That's the toll for a named stock picker.
  2. 02The ETF launched in 2026, so its own track record is short. Most of the evidence sits with the older Baron strategy behind it, in a different wrapper.businesswire.com
  3. 03Non-diversified by design, with at least 80% of net assets in EM growth equities, so a few names plus currency and political swings can drive the ride.money.usnews.com

BCEM Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
82
Top-10 weight
40%
Largest holding
2330.TW13.1%

Geography

  • Taiwan22.00%
  • South Korea21.02%
  • India20.82%
  • China16.85%
  • Brazil9.15%
  • South Africa1.90%
  • United States1.79%
  • Greece1.51%
  • Other countries (7)4.95%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 6.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0012330.TWTaiwan Semiconductor Manufac13.08%87,339$7M176
002005930.KSSamsung Electronics Co Ltd7.78%21,262$4M176
003000660.KSSk Hynix Inc4.87%2,072$3M187
004PBRPetroleo Brasileiro Spon Adr2.38%50,156$1M52
0050700.HKTencent Holdings Ltd2.33%22,991$1M152
006BABAAlibaba Group Holding Sp Adr2.06%9,870$1M78
007TSMTaiwan Semiconductor Sp Adr2.05%2,416$1M277
008DIVISLAB.BODivi’s Laboratories Ltd2.00%11,035$1M34
009BAJFINANCE.BOBajaj Finance Ltd1.97%105,608$1M31
010XPXp Inc Class A1.87%30,924$996K100
011ETERNAL.BOEternal Ltd1.85%295,531$988K38
012SCCOSouthern Copper Corp1.85%4,723$988K213
013ITUBItau Unibanco H Spon Prf Adr1.78%93,182$947K47
0142454.TWMediatek Inc1.69%6,145$903K168
015RENT3.SALocaliza Rent A Car1.67%81,667$893K84

Showing 1–15 of 82 holdings

BCEM Performance

Launched Apr 8, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
BCEM$9,916
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. BCEM $9,916. SPY $10,332. Use the arrow keys to read each point.$9,194$9,812$10,431Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BCEM. Periods over one year show the average yearly return.
PeriodBCEM
Year to dateFund launched this year—
1 month−1.6%
3 months−0.8%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BCEM
YearReturn barBCEM
2026 YTD+6.4%

History from Apr 9, 2026

BCEM in the news

Filtered to BCEM · Emerging Markets Active Growth

BCEM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Apr 2026. No distributions yet.

BCEM Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.26
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

BCEM Cost

Expense ratio0.80%
  • The middle half of Emerging Markets Active Growth funds
  • Median 0.79%

5 of the 9 Emerging Markets Active Growth funds charge less.

BCEM costs $80.00 a year on $10,000. The median Emerging Markets Active Growth fund costs $79.00.

Other funds in Emerging Markets Active Growth

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