Question about Favorites and the backspace key

From the home screen, if you click on Favorites, the Favorites window opens. If you click on a folder in the Favorites window, that folder’s window opens. If you now press the backspace key, you’re taken all the way back to the home screen instead of back to the Favorites window. Is there any way to get it to go back to the Favorites window instead of all the way to the home screen?