Visa Contributes to Baron Financials ETF Gains as Credit-Card Bill Stalls
Baron Capital’s Baron Financials ETF rose 1.82% in Q2 2026, lagging major financial indexes, while Visa Inc. contributed 0.74% to the Fund’s performance. Regulatory worries eased as a proposed 10% credit-card interest rate cap and an adverse payment routing bill stalled in the legislative process. Hedge fund portfolios holding Visa increased to 194 from 181 quarter-end.