{"id":258984,"date":"2026-05-29T14:03:00","date_gmt":"2026-05-29T18:03:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/05\/29\/baron-technology-etf-q1-2026-shareholder-letter-bctk\/"},"modified":"2026-05-29T14:55:32","modified_gmt":"2026-05-29T18:55:32","slug":"baron-technology-etf-q1-2026-shareholder-letter-bctk","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/05\/29\/baron-technology-etf-q1-2026-shareholder-letter-bctk\/","title":{"rendered":"Baron Technology ETF Q1 2026 Shareholder Letter (BCTK)"},"content":{"rendered":"<p><a href=\"https:\/\/seekingalpha.com\/article\/4910117-baron-technology-etf-q1-2026-shareholder-letter\">Baron Technology ETF Q1 2026 Shareholder Letter (BCTK)<\/a><\/p>\n<p><a href=\"https:\/\/seekingalpha.com\/article\/4910117-baron-technology-etf-q1-2026-shareholder-letter\">https:\/\/seekingalpha.com\/article\/4910117-baron-technology-etf-q1-2026-shareholder-letter<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-29 14:03:00<\/a><\/p>\n<p>Source Domain: <a href=\"seekingalpha.com\">seekingalpha.com<\/a><\/p>\n<p data-eci=\"true\"> <img alt=\"Financial and Economy\" data-id=\"2206609995\" data-type=\"getty-image\" width=\"1536\" height=\"1152\" srcset=\"https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/2206609995\/image_2206609995.jpg?io=getty-c-w1536 1536w, https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/2206609995\/image_2206609995.jpg?io=getty-c-w1280 1280w, https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/2206609995\/image_2206609995.jpg?io=getty-c-w1080 1080w, https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/2206609995\/image_2206609995.jpg?io=getty-c-w750 750w, https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/2206609995\/image_2206609995.jpg?io=getty-c-w640 640w, https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/2206609995\/image_2206609995.jpg?io=getty-c-w480 480w, https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/2206609995\/image_2206609995.jpg?io=getty-c-w320 320w, https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/2206609995\/image_2206609995.jpg?io=getty-c-w240 240w\" sizes=\"(max-width: 767px) calc(100vw - 36px), (max-width: 1023px) calc(100vw - 132px), (max-width: 1199px) calc(100vw - 666px), (max-width: 1307px) calc(100vw - 708px), 600px\" fetchpriority=\"high\"\/>  <\/p>\n<p class=\"item-credits\">FREDERICA ABAN\/iStock via Getty Images<\/p>\n<\/p>\n<h2>Dear Baron Technology ETF\u00ae Shareholder,<\/h2>\n<p>During the first quarter, Baron Technology ETF\u00ae (the Fund)(<span class=\"ticker-hover-wrapper\">BCTK<\/span>) declined 6.90% (NAV), roughly in line with the MSCI ACWI Information Technology Index (the Benchmark), which fell 6.73%. The Fund\u2019s performance trailed the Invesco QQQ Trust (the QQQ) and the S&#038;P 500 Index, which dropped 1.77% and 4.33%, respectively.<\/p>\n<p>On a trailing three-year basis, the Fund generated an annualized return of 29.15%, outpacing both the Benchmark and QQQ, which yielded 24.83% and 22.33%, respectively.<\/p>\n<p><span class=\"sa-table-scroll-wrapper sa-hide-scrollbar\"><span data-intersection-boundary=\"start\" data-test-id=\"table-scroll-wrapper-boundary-start\"\/><\/p>\n<table>              <strong>Annualized performance (%) for periods ended March 31, 2026<\/strong> <\/p>\n<tr>\n<th> <\/th>\n<th>ETF Market Price1,2 <\/th>\n<th>ETF Nav1,2 <\/th>\n<th>MSCI ACWI Information Technology Index1 <\/th>\n<td>S&#038;P 500Index1 <\/td>\n<td>MSCI ACWIIndex1 <\/td>\n<\/tr>\n<tr>\n<td>QTD3 <\/td>\n<td>(7.13)<\/td>\n<td>(6.90)<\/td>\n<td>(6.73)<\/td>\n<td>(4.33)<\/td>\n<td>(3.20)<\/td>\n<\/tr>\n<tr>\n<td>1 Year<\/td>\n<td>27.30<\/td>\n<td>28.20<\/td>\n<td>33.41<\/td>\n<td>17.80<\/td>\n<td>20.01<\/td>\n<\/tr>\n<tr>\n<td>3 Years<\/td>\n<td>28.85<\/td>\n<td>29.15<\/td>\n<td>24.83<\/td>\n<td>18.32<\/td>\n<td>16.58<\/td>\n<\/tr>\n<tr>\n<td>Since Inception(12\/31\/2021)<\/td>\n<td>9.29<\/td>\n<td>9.47<\/td>\n<td>11.93<\/td>\n<td>9.28<\/td>\n<td>8.02<\/td>\n<\/tr>\n<\/table>\n<p><span data-intersection-boundary=\"end\" data-test-id=\"table-scroll-wrapper-boundary-end\"\/><\/span>Click to enlarge<\/p>\n<p>Performance listed in the above table is net of annual operating expenses. The total annual fund operating expense ratio as of December 5, 2025 was 0.75%. The performance data quoted represents past performance. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate; an investor\u2019s shares, when redeemed, may be worth more or less than their original cost. Total returns assume the reinvestment of all distributions and the deduction of all fund expenses. Current performance may be lower or higher than the performance data quoted. For performance information current to the most recent month-end, visit BaronCapitalGroup.com or call 1-800-99-BARON.<\/p>\n<p><strong>NAV and Market Price returns include returns of the Institutional Shares of the predecessor mutual fund prior to the ETF\u2019s commencement of operations. Prior to the ETFs listing on 12\/15\/2025 the NAV returns of the Institutional Shares of the predecessor mutual fund are used as proxy market price returns. If the&#8230;<\/strong><\/p>\n<p><a href=\"https:\/\/seekingalpha.com\/article\/4910117-baron-technology-etf-q1-2026-shareholder-letter\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Baron Technology ETF Q1 2026 Shareholder Letter (BCTK) https:\/\/seekingalpha.com\/article\/4910117-baron-technology-etf-q1-2026-shareholder-letter Publish Date: 2026-05-29 14:03:00 Source Domain:&#8230;<\/p>\n","protected":false},"author":1,"featured_media":258985,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/static.seekingalpha.com\/cdn\/s3\/uploads\/getty_images\/2206609995\/image_2206609995.jpg?io=getty-c-w1536","fifu_image_alt":"","footnotes":""},"categories":[8],"tags":[],"class_list":["post-258984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/258984"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=258984"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/258984\/revisions"}],"predecessor-version":[{"id":258986,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/258984\/revisions\/258986"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/258985"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=258984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=258984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=258984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}