BROL vs PCLG
Baron Risk Optimized Large Cap ETF vs Polen Focus Growth ETF
Which is better, BROL or PCLG?
BROL costs less.
BROL has a lower expense ratio. BROL is less concentrated, with 44.8% of the fund in its ten largest positions against 62.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BROL | PCLG |
|---|---|---|
| Expense Ratio | 0.45%Best | 0.49% |
| AUM | - | $92M |
| Dividend Yield | 0.00% | 0.04% |
| Holdings | 129 | 27 |
| YTD Return | +4.42%Best | -5.60% |
| 1Y Return | - | -8.10% |
| Top 10 Weight | 44.8%Best | 62.6% |
| Fund Family | Baron Funds | Polen Capital |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 25, 2026 | Sep 30, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
BROL vs PCLG growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BROL vs PCLG Performance
Baron Risk Optimized Large Cap ETF (BROL) is an ETF from Baron Funds and Polen Focus Growth ETF (PCLG) is an ETF from Polen Capital. Year to date, BROL is up 4.42% versus a loss of 5.60% for PCLG.
Past performance does not guarantee future results.
Fees and Cost Over Time
BROL charges 0.45% per year while PCLG charges 0.49%. On a $10,000 position that is $45 vs $49 annually, a gap of $4 per year that compounds over a long holding period. On income, BROL currently yields 0.00% against 0.04% for PCLG.
Holdings Overlap
38.9% of BROL's money is in holdings PCLG also owns. 74.0% of PCLG's money is in holdings BROL also owns.
Most of PCLG is already inside BROL. Owning both mostly buys the same companies twice.
16 positions in common, counted across the 64 positions we hold weights for in BROL and 29 in PCLG, against full books of 129 and 27.
What only one of them owns
Our book lists 11 positions for PCLG that do not appear in our book for BROL (24.5% of the fund), and 42 for BROL that do not appear in PCLG (53.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BROL | Weight in PCLG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 9.06% | 7.82% | 1.24% |
| GOOGAlphabet Inc. C | 6.76% | 6.16% | 0.60% |
| MSFTMicrosoft Corp | 1.75% | 9.35% | 7.60% |
| AMZNAmazon.Com Inc | 4.23% | 5.98% | 1.75% |
| AVGOBroadcom Inc | 2.71% | 6.13% | 3.42% |
| LLYEli Lilly & Co. | 2.78% | 4.80% | 2.02% |
| VVisa Inc Class A | 1.84% | 5.67% | 3.83% |
| MAMastercard Inc | 1.61% | 5.54% | 3.93% |
| NOWServicenow, Inc. | 0.29% | 6.62% | 6.33% |
| SHOP:CAShopify Inc | 0.48% | 4.49% | 4.01% |
74.0% of PCLG is already inside BROL.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BROL or PCLG?
BROL has an expense ratio of 0.45% while PCLG charges 0.49%. BROL is the cheaper option, by $4 a year on a $10,000 investment.
What is the holdings overlap between BROL and PCLG?
74.0% of PCLG's money is in holdings BROL also owns. 74.0% of PCLG's is in holdings BROL also owns. They hold 16 positions in common, counted across the 64 positions we hold weights for in BROL and 29 in PCLG.
Which pays a higher dividend, BROL or PCLG?
BROL yields 0.00% while PCLG yields 0.04%, so PCLG currently pays the higher dividend yield.
Is PCLG better than BROL?
BROL has a lower expense ratio. BROL is less concentrated, with 44.8% of the fund in its ten largest positions against 62.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.