LLMA vs RONB
Global X LLM ETF against Baron First Principles ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
19%
1 shared positions
Fee gap
—
same fee
1-year return gap
—
Larger fund
RONB
$492M
Side by side
| LLMA | RONB | |
|---|---|---|
| Fund | Global X LLM ETF | Baron First Principles ETF |
| Issuer | Global X | Baron |
| Category | Technology | Large Cap Blend |
| Expense ratio | — | 1.00% |
| Assets | — | $492M |
| Average daily dollar volume | $72K | $3.3M |
| Listed | Sep 30, 2026 | Dec 12, 2025 |
| FrenzyCap score | 1 | 26 |
| 1-month return | — | +7.3% |
| 3-month return | — | +7.2% |
| Year to date | — | +0.1% |
| 1-year return | — | — |
| 30-day volatility | — | 25.5% |
| Worst drawdown, 1 year | −5.7% | −19.4% |
| Trailing 12-month yield | — | 0.00% |
| Holdings | 14 | 24 |
| Top 10 weight | 78.5% | 72.6% |
| Look-through P/E | 22.7 | 36.9 |
| Holdings vs fair value | −2.0% | −4.9% |
| Holdings above 200-day average | 100% | 35% |
| Net flow, latest 3 reported months | — | +$49M thru Jun 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Oct 9, 2026issuer data | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
19% of LLMA · 32% of RONB| Holding | LLMA | RONB |
|---|---|---|
| SPCX | 18.74% | 32.06% |
Sector mix of the stock holdings
| Sector | LLMA | RONB | Gap |
|---|---|---|---|
| Technology | 64.1% | 42.1% | +21.9% |
| Consumer Discretionary | 2.5% | 28.2% | −25.7% |
| Financials | 0.0% | 10.1% | −10.1% |
| Industrials | 0.0% | 8.6% | −8.6% |
| Health Care | 0.0% | 1.7% | −1.7% |
More: full overlap table · LLMA holdings · RONB holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.