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BCFN

GradeFNASDAQ

Baron Financials ETF

Sectors · Baron · Inception 2019-12-31

$21.98−0.49 (−2.18%)

As of Sep 23, 2026, 1:48 PM EDT

History starts Dec 15, 2025.History starts Dec 15, 2025.
Intraday session: down, 6 prints from 22.47 to 21.98. Range 21.93 to 22.09. Use the arrow keys to read each point.$21.95$22.05$22.1010 AM12 PM2 PM4 PM
Expense ratio
0.80%
Fund size
$46M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
0M sh
NAV per share
$22.47
52W range
low $20.04high $25.57

The ETF.net BCFN Grade

F

12/ 100

Rank 18 of 18 in Financials (Broad)⁠

Confidence Medium

Six-pillar profile for BCFN. Scores out of 100: Cost 6, Risk 4, Mission not scored, Tradability 0, Holdings 59, Durability 25. Strongest: Holdings (59). Weakest: Tradability (0). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 12 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 6
    Category rank17/18 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 4
    Category rank18/18 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 0
    Category rank18/18 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 59
    Category rank10/18 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 25
    Category rank17/18 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on BCFN

ETF.net Research

FBaron's financials entry skips the cheap-index game: 0.80% a year in an aisle where the big index funds charge under a tenth of a percent, and a mandate that runs one line long, capital appreciation.

Stated mandate

The Fund seeks capital appreciation.

Why people hold it

  1. 01The mandate is refreshingly short: an equity portfolio in financials, aiming for capital appreciation. You always know which corner of the market you're renting.
  2. 02Trading since the last day of 2019, so there's a multi-year live record behind it rather than a backtest and a launch-week story.
  3. 03Plain 1940 Act fund wrapper. No K-1 at tax time, no bank-issued note behind the exposure, no exotic-structure homework before you can size a position.

Worth knowing

  1. 01At 0.80%, it runs well above the broad-financials median of 0.44% and roughly ten times what XLF (0.08%) or VFH (0.09%) charge. The strategy has to earn that gap.
  2. 02Small and lightly traded next to the household-name sector funds, so spreads and order size matter more here than they would in a giant.
  3. 03The stated goal is capital appreciation, not income, a real distinction in a sector plenty of people own for the dividend cheques.

BCFN Holdings

As of Sep 20, 2026, 9:09 AM
Asset class
Stocks
Holdings
—
Top-10 weight
45%
Largest holding
V6.1%

Geography

  • United States86.12%
  • Uruguay3.11%
  • Ireland2.79%
  • Brazil2.76%
  • Bermuda2.01%
  • Canada1.61%
  • United Kingdom1.60%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001VVISA INC CLASS A SHARES6.13%7,741$3M550
002MAMASTERCARD INC A5.86%4,839$3M512
003JPMJPMORGAN CHASE + CO5.11%6,834$2M478
004BACBANK OF AMERICA CORP4.85%38,928$2M440
005SCHWSCHWAB (CHARLES) CORP4.44%19,835$2M385
006IBKRINTERACTIVE BROKERS GRO CL A4.12%21,792$2M298
007MSMORGAN STANLEY3.99%9,160$2M423
008SPGIS+P GLOBAL INC3.77%4,353$2M357
009LPLALPL FINANCIAL HOLDINGS INC3.62%5,132$2M190
010MCOMOODY S CORP3.59%3,630$2M327
011KKRKKR + CO INC3.33%15,848$2M271
012MSCIMSCI INC3.26%2,774$2M308
013MELIMERCADOLIBRE INC3.09%792$1M225
014BLKBLACKROCK INC2.96%1,310$1M320
015CMECME GROUP INC2.92%5,032$1M361

Showing 1–15 of 43 holdings

BCFN Performance

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

BCFN$8,855
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. BCFN $8,855. SPY $11,430. Use the arrow keys to read each point.$7,835$9,786$11,737Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 BCFN. Periods over one year show the average yearly return.
PeriodBCFN
Year to date−11.5%
1 month−6.2%
3 months+3.6%
1 yearHistory unavailable—
3 yearsHistory unavailable—per year
5 yearsHistory unavailable—per year
10 yearsFund is under 10 years old—per 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 BCFN
YearReturn barBCFN
2026 YTD−11.5%
2025+0.4%

History from Dec 15, 2025

BCFN in the news

ETF.net Research hasn’t filed on BCFN yet — coverage lands here as it’s written.

BCFN Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

BCFN Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
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.
—
No data available
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.
—
No data available
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.
0.82
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.

BCFN Cost

Expense ratio0.80%
  • The middle half of Financials (Broad) funds
  • Median 0.37%

16 of the 18 Financials (Broad) funds charge less.

BCFN costs $80.00 a year on $10,000. The median Financials (Broad) fund costs $37.00.