Baron Technology ETF (BCTK)
NASDAQ (NMS) NASDAQ (NMS) Primary 
Baron Technology ETF Q1 2026 Shareholder Letter
Baron Technology ETF® declined roughly in line with its benchmark, the MSCI ACWI Information Technology Index. Top contributors were Lumentum Holdings Inc., Taiwan Semiconductor Manufacturing Company Limited, and Coherent Corp. Top detractors were Broadcom Inc., Amazon.com, Inc., and Tesla, Inc.
BCTK: Moving Beyond the Index Trap in Tech Investing
For the majority of investors, tech investing has become synonymous with passive index funds heavy with Magnificent Seven companies. While exposure to these funds has provided strong returns in recent years, Baron Technology ETF (BCTK) is a departure from the typical market-cap weighted status quo.
An ETF With An Active, Disciplined Approach to Tech
As the markets move through the first quarter of 2026, the tech sector continues to be the engine that's powering global growth. After the recent AI boom, investors are now looking for tech plays in sophisticated, actively managed vehicles with strategies that discern between hype and long-term opportunities.
