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Launched · SEC filings

Baron Risk Optimized Large Cap ETF

BROLNYSEBaronB

$25.77+0.02 (+0.09%)

As of Nov 2, 2026, 3:54 PM ET

B58/ 100

Rank 49 of 126 in US Active Equity

B58/100Rank 49 of 126inUS Active Equity
Intraday session: up, 72 prints from 25.75 to 25.77. Range 25.74 to 26.08. Use the arrow keys to read each point.25.9026.0026.1010 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$308M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
66
Avg volume · 30D
3.17K sh
52W range
low $24.26high $26.70
Launched
Filings
SEC EDGAR

The ETF.net BROL Grade

Based on 5 of 6 pillars

B

Score 58 out of 100

Category
US Active Equity⁠
Rank
49 of 126
Six-pillar profile for BROL. Scores out of 100: Cost 71, Risk 63, Mission not scored, Tradability 27, Holdings 63, Durability 54. Strongest: Cost (71). Weakest: Tradability (27). Based on 5 of 6 pillars.

Score 58 of 100 falls in the B 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.
    A71 out of 100
    Rank 35 of 126

  • 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.
    B63 out of 100
    Rank 39 of 126

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D27 out of 100
    Rank 108 of 126

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B63 out of 100
    Rank 54 of 124

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C54 out of 100
    Rank 67 of 126

Our read on BROL

ETF.net Research

In short

BBaron has picked growth stocks since 1982. BROL is the buttoned-up version: the same bottom-up research, wrapped in a risk framework targeting low beta and low tracking error so the portfolio strays less from its large-cap benchmark.

Stated mandate

The Fund seeks capital appreciation.

Why people hold it

  • Active management for 0.45% a year, against a 0.70% median for US active equity funds. Cheap-for-active pricing on a strategy built around Baron's own stock research.
  • Risk optimization is the product, not a footnote: defined parameters for beta, growth factor exposure and tracking error sit on top of the stock picks.businesswire.com
  • Run by Michael Lippert, a Baron portfolio manager and its head of technology research, inside an active ETF lineup from a firm that has invested this way since 1982.businesswire.com

Worth knowing

  • Launched in 2026, so the track record is short, the asset base is small and trading is thin. Spreads can run wider than on the giant funds sharing its shelf.
  • Cheap for active is not cheap outright: systematic large-cap peers such as DFAU (0.12%) and AVLC (0.15%) charge a fraction of it.
  • Low tracking error cuts both ways: the design keeps the fund close to large-cap growth rather than dramatically different from it.businesswire.com

BROL Performance

Launched May 26, 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.
BROL$10,225
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. BROL $10,225. SPY $10,141. Use the arrow keys to read each point.$10,000$10,200$10,400$10,600Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – Oct 30, 2026

Returns run to the Oct 30, 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 BROL. Periods over one year show the average yearly return.
PeriodBROL
Year to dateFund launched this yearNo data
1 month−1.0%
3 months+2.3%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 BROL
YearReturn barBROL
2026 YTD+3.0%

History from May 27, 2026

BROL in the news

BROL 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 30, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed May 2026. No distributions yet.

BROL Risk

Risk pillarB63 out of 100Rank 39 of 126 in US Active Equity
How much the fund’s monthly returns vary, scaled to a year.
Launched May 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 May 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 May 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.
1.09
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.

FMP measures it over up to five years of monthly returns.

BROL Cost

Compare BROL and TACU

Overpaying vs TACU, cheapest in US Active Equity

$9,041

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BROL 0.45%

    $9,041

  • TACU 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • BROL 0.45%
  • TACU 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530BROL $9,041TACU $0

Year by year

YearBROLTACUOverpaying
10$812$0$812
20$3,128$0$3,128
30$9,041$0$9,041

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