ILDR vs RONB
First Trust Innovation Leaders ETF vs Baron First Principles ETF
Which is better, ILDR or RONB?
ILDR costs less.
ILDR has a lower expense ratio. ILDR is less concentrated, with 43.9% of the fund in its ten largest positions against 78.8%.
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 | ILDR | RONB |
|---|---|---|
| Expense Ratio | 0.75%Best | 1.00% |
| AUM | $363M | - |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 164 | 44 |
| YTD Return | +15.43%Best | -1.17% |
| 1Y Return | +15.40% | - |
| 3Y Return (annualized) | +30.08% | - |
| 5Y Return (annualized) | +11.59% | - |
| Top 10 Weight | 43.9%Best | 78.8% |
| Fund Family | First Trust Portfolios (US) | Baron Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 25, 2021 | Dec 12, 2025 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
ILDR vs RONB 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.
ILDR vs RONB Performance
First Trust Innovation Leaders ETF (ILDR) is an ETF from First Trust Portfolios (US) and Baron First Principles ETF (RONB) is an ETF from Baron Funds. Year to date, ILDR is up 15.43% versus a loss of 1.17% for RONB.
Past performance does not guarantee future results.
Fees and Cost Over Time
ILDR charges 0.75% per year while RONB charges 1.00%. On a $10,000 position that is $75 vs $100 annually, a gap of $25 per year that compounds over a long holding period. On income, ILDR currently yields 0.00% against 0.00% for RONB.
Holdings Overlap
4.8% of ILDR's money is in holdings RONB also owns. 56.7% of RONB's money is in holdings ILDR also owns.
The two portfolios partly overlap.
4 positions in common, counted across the 81 positions we hold weights for in ILDR and 20 in RONB, against full books of 164 and 44.
What only one of them owns
Our book lists 14 positions for RONB that do not appear in our book for ILDR (36.1% of the fund), and 66 for ILDR that do not appear in RONB (84.9%).
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.
56.7% of RONB is already inside ILDR.
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, ILDR or RONB?
ILDR has an expense ratio of 0.75% while RONB charges 1.00%. ILDR is the cheaper option, by $25 a year on a $10,000 investment.
What is the holdings overlap between ILDR and RONB?
56.7% of RONB's money is in holdings ILDR also owns. 56.7% of RONB's is in holdings ILDR also owns. They hold 4 positions in common, counted across the 81 positions we hold weights for in ILDR and 20 in RONB.
Which pays a higher dividend, ILDR or RONB?
ILDR yields 0.00% while RONB yields 0.00%, so RONB currently pays the higher dividend yield.
Is RONB better than ILDR?
ILDR has a lower expense ratio. ILDR is less concentrated, with 43.9% of the fund in its ten largest positions against 78.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.