BARAX
BARON ASSET FUND
BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)

Average annual returns

Through 2025
1 year
7.94%
3 year
11.76%
5 year
3.29%
10 year
11.15%

Standardized average annual total returns (before tax), from calendar-year returns; recent years derived from N-PORT monthly data.

Calendar-year returns

Risk statistics

81 months through March 31, 2026
Volatility (ann.)
14.75%
Sharpe
0.47
Sortino
0.78
Max drawdown
-35.03%
Best month
13.54%
Worst month
-13.84%
Beta vs VTSAX
0.97
Correlation
0.83

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

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