The Baron SMID Cap ETF (BCSM) experienced a 10.56% decline in Q1 2026, underperforming its benchmark. The underperformance was primarily attributed to a market rotation away from software stocks.
Baron SMID Cap ETF Declines 10.56% in Q1 2026, Trails Benchmark
ETFsSmall-CapMid-CapSoftwareMarket Performance



