Baron Financials ETF Q4 2025 Quarterly Letter
Seeking Alpha·2026-02-09 16:20
primeimages/E+ via Getty Images Dear Baron FinTech Fund Shareholder, In the quarter ended December 31, 2025, Baron Financials ETF® (BCFN)(the Fund) fell 2.22% (NAV) compared with a 7.19% decline for the FactSet Global FinTech Index (the FinTech Index) and a 2.07% gain for the MSCI USA Financials Index (the Financials Index). Since inception, the Fund has risen at a 10.21% annualized rate compared with 2.55% for the FinTech Index and 11.97% for the Financials Index. Annualized performance (%) for period ...