Quick Verdict

VOO has a lower expense ratio. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: TiedMore Diversified: VOO

Side-by-Side Comparison

MetricRONBVOOWinner
Expense Ratio1.00%0.03%
AUM-$979.0B
Dividend Yield0.00%1.09%
Holdings29509
YTD Return-5.98%+13.80%
1Y Return-+23.71%
3Y Return (annualized)-+21.50%
5Y Return (annualized)-+13.44%
Volatility (annualized)-14.1%
Max Drawdown-19.4%-34.3%
Fund FamilyBaron FundsVanguard (US)
CategoryEquityEquity
InceptionDec 12, 2025Sep 7, 2010

RONB vs VOO Performance

Baron First Principles ETF (RONB) is a ETF from Baron Funds and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Year to date, RONB is down 5.98% versus a gain of 13.80% for VOO.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -19.4% for RONB and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

RONB charges 1.00% per year while VOO charges 0.03%. On a $10,000 position that is $100 vs $3 annually, a gap of $97 per year that compounds over a long holding period. On income, RONB currently yields 0.00% against 1.09% for VOO.

Holdings Overlap

2.4%overlap

RONB and VOO share 9 holdings out of 518 unique holdings combined, representing a 2.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in RONBWeight in VOODifference
TSLA8.41%1.84%6.57%
MSCI5.00%0.06%4.94%
SCHW4.67%0.23%4.44%
IBKRProProPro
FDSProProPro
ACGLProProPro
ABNBProProPro
IDXXProProPro
VRSKProProPro
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Frequently Asked Questions

Which is cheaper, RONB or VOO?

RONB has an expense ratio of 1.00% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $97 per year of difference.

What is the holdings overlap between RONB and VOO?

RONB and VOO share 9 common holdings with a 2.4% weight overlap. Combined, they hold 518 unique securities.

Which pays a higher dividend, RONB or VOO?

RONB yields 0.00% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.

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