Renaissance IPO ETF (IPO)
42.42
+1.58
(+3.86%)
USD |
NYSEARCA |
May 12, 16:00
42.42
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.60% | -0.11% | 132.89M | 30669.70 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 0.78% | 123.0% | -45.70M | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index. It captures 80% of the total market cap of new IPOs that meets the criteria and are rebalanced quarterly as new IPOs are included and older constituents are removed after three years. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Global Peer Group | Equity US |
| Peer Group | Multi-Cap Growth Funds |
| Global Macro | Equity North America |
| US Macro | Multi-Cap Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Growth Funds |
| Fund Owner Firm Name | Renaissance Capital |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 12, 2025.
Asset Allocation
As of April 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.14% |
| Stock | 99.86% |
| Bond | 0.00% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Basic Info
| Investment Strategy | |
| The Fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index. It captures 80% of the total market cap of new IPOs that meets the criteria and are rebalanced quarterly as new IPOs are included and older constituents are removed after three years. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Global Peer Group | Equity US |
| Peer Group | Multi-Cap Growth Funds |
| Global Macro | Equity North America |
| US Macro | Multi-Cap Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Growth Funds |
| Fund Owner Firm Name | Renaissance Capital |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |