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BCTK

GradeCNASDAQ Global Market

Baron Technology ETF

Active Equity · Baron · Inception 2021-12-31

$30.91−0.44 (−1.42%)

As of Sep 23, 2026, 2:08 PM EDT

History starts Dec 15, 2025.History starts Dec 15, 2025.
Intraday session: down, 38 prints from 31.35 to 30.91. Range 30.77 to 31.20. Use the arrow keys to read each point.$30.80$31.00$31.10$31.2010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$205M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
0M sh
NAV per share
$31.08
52W range
low $22.06high $32.62

The ETF.net BCTK Grade

C

47/ 100

Rank 19 of 35 in US Active Sector⁠

Confidence Medium

Six-pillar profile for BCTK. Scores out of 100: Cost 35, Risk 32, Mission not scored, Tradability 75, Holdings 61, Durability 57. Strongest: Tradability (75). Weakest: Risk (32). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 47 of 100 sits in the C 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.
    DScore 35
    Category rank23/35 · mid-pack

  • 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.
    DScore 32
    Category rank28/35 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 75
    Category rank5/35 · top 14%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 61
    Category rank15/35 · top 43%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 57
    Category rank15/35 · top 43%

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

Our read on BCTK

ETF.net Research

CBaron made its name picking growth stocks and holding on. BCTK is that playbook in an ETF wrapper: an actively chosen, global technology portfolio built around companies the manager thinks have durable growth, not whatever an index prints.

Stated mandate

The Fund seeks capital appreciation by investing primarily in U.S. and non-U.S. technology companies selected for durable growth potential associated with technological development and use.

Why people hold it

  1. 01Genuinely global tech mandate. The manager can own non-US names alongside US ones, so the portfolio isn't fenced into the usual American megacap roster.
  2. 02A narrow, legible job: capital appreciation from technology companies picked for durable growth. You know exactly what you own and exactly what to judge it against.
  3. 03High-conviction active management, not a closet index. Stock selection, not index weights, drives what's in the portfolio.
  4. 04Live since a December 2021 launch, so there's a real track record to inspect rather than a backtest.

Worth knowing

  1. 010.75% a year is the price of the stock picker, and it sits above the typical active US equity ETF. The picks have to clear that bar.
  2. 02Thinly traded next to the index giants. Spreads can widen, so how you place the order matters more here than in a mega-fund.
  3. 03One sector, concentrated. Against active US equity peers it lands in the bottom quartile on our overall read, with cost and volatility the main drags.

BCTK Holdings

As of Sep 20, 2026, 9:09 AM
Asset class
Stocks
Holdings
—
Top-10 weight
57%
Largest holding
TSM7.7%

Geography

  • United States78.28%
  • Taiwan (Province of China)7.75%
  • Sweden5.33%
  • Canada3.13%
  • Netherlands2.09%
  • China1.00%
  • Korea (the Republic of)1.00%
  • Singapore0.84%
  • Other countries (1)0.58%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001TSMTAIWAN SEMICONDUCTOR SP ADR7.69%42,803$18M268
002NVDANVIDIA CORP7.12%77,741$17M828
003SPCXSPACE EXPLORATION TECHN CL A6.80%105,217$16M268
004GOOGALPHABET INC CL C6.42%44,723$15M471
005LRCXLAM RESEARCH CORP5.94%52,860$14M591
006639.DESPOTIFY TECHNOLOGY SA5.29%23,934$13M93
007MUMICRON TECHNOLOGY INC4.77%11,695$11M655
008AMZNAMAZON.COM INC4.47%42,586$11M720
009AVGOBROADCOM INC4.44%30,586$11M732
010AMDADVANCED MICRO DEVICES3.93%17,261$9M618
011TSLATESLA INC3.30%21,566$8M509
012SHOP.TOSHOPIFY INC CLASS A3.10%57,677$7M122
013RBRKRUBRIK INC A3.00%66,551$7M142
014COHRCOHERENT CORP2.96%23,960$7M341
015BEBLOOM ENERGY CORP A2.23%19,059$5M304

Showing 1–15 of 41 holdings

BCTK Performance

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

BCTK$12,482
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. BCTK $12,482. SPY $11,430. Use the arrow keys to read each point.$8,514$10,886$13,257Dec 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 BCTK. Periods over one year show the average yearly return.
PeriodBCTK
Year to date+24.8%
1 month+4.6%
3 months−0.8%
1 yearHistory unavailable—
3 yearsHistory unavailable—per year
5 yearsFund is under 5 years old—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 BCTK
YearReturn barBCTK
2026 YTD+24.8%
2025+1.8%

History from Dec 15, 2025

BCTK in the news

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

BCTK Dividends

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

No distributions in the last 12 months.

BCTK 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.
1.65
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.

BCTK Cost

Expense ratio0.75%
  • The middle half of US Active Sector funds
  • Median 0.65%

20 of the 33 US Active Sector funds charge less.

BCTK costs $75.00 a year on $10,000. The median US Active Sector fund costs $65.00.