Renaissance IPO ETF (IPO)
Description
The investment seeks to track the performance of the Renaissance IPO Index. The IPO ETF contains 72 constituents. It is focused on growth holdings in the North America region.
Price $27.62 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | |
| Expense ratio | 0.6% |
| Average spread | 0.181% |
| 1Y roundtrip cost | 0.781% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -19.6% | -1.4% | -3.9% | -19.3% | -12.6% | -3.2% | 8.2% | -1.5% | -11.5% | -2.7% | -67.5% | ||
| 2021 | 5.5% | -1.9% | -6.9% | 0.2% | -1.3% | 7.6% | -5.2% | 6.5% | -3.8% | 6.6% | -8.1% | -8.2% | -8.9% |
| 2020 | 5.4% | -4.5% | -15.6% | 17.2% | 19.0% | 10.1% | 9.6% | 9.3% | 7.9% | -3.1% | 27.2% | 0.0% | 82.5% |
| 2019 | 18.0% | 10.5% | 0.8% | 2.9% | -5.3% | 6.3% | 2.6% | -5.5% | -8.0% | 5.2% | 5.9% | -0.7% | 32.7% |
| 2018 | 0.4% | 0.2% | 1.2% | -0.3% | 1.7% | 2.4% | -0.7% | 4.0% | -1.4% | -12.7% | -0.4% | -11.7% | -17.2% |
| 2017 | 3.6% | 5.5% | 2.4% | 2.9% | 5.8% | -0.1% | 2.8% | 1.3% | 2.0% | 5.4% | -0.9% | 1.5% | 32.3% |
| 2016 | -15.8% | 2.3% | 7.2% | 3.6% | 1.2% | -4.7% | 5.4% | 3.3% | 1.3% | -4.3% | 2.8% | -0.7% | 1.4% |
| 2015 | -2.8% | 8.7% | 1.4% | -1.4% | 2.3% | -1.9% | -0.5% | -9.3% | -8.8% | 7.9% | 0.3% | -2.9% | -7.1% |
| 2014 | 0.1% | 7.6% | -5.3% | -4.8% | 0.6% | 7.4% | -2.4% | 5.1% | -2.2% | 0.0% | 3.5% | -1.6% | 8.2% |
| 2013 | 2.5% | 5.2% | 7.6% | ||||||||||
| -5.2% | 27.2% | -18.8% | 0.9% | 11.4% | 23.9% | 19.8% | 13.4% | -24.4% | 2.3% | 32.8% | -19.1% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 0.07 | 0.07 | |||||||||||
| 2019 | 0.06 | 0.02 | 0.06 | 0.15 | |||||||||
| 2018 | 0.03 | 0.07 | 0.02 | 0.12 | |||||||||
| 2017 | 0.02 | 0.09 | 0.02 | 0.12 | |||||||||
| 2016 | 0.02 | 0.03 | 0.05 | ||||||||||
| 2015 | 0.01 | 0.01 | 0.02 | ||||||||||
| 2014 | 0.01 | 0.03 | 0.01 | 0.60 | 0.64 | ||||||||
| 2013 | 0.02 | 0.02 | |||||||||||
| 0.00 | 0.00 | 0.20 | 0.00 | 0.00 | 0.22 | 0.00 | 0.00 | 0.07 | 0.00 | 0.00 | 0.69 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Moderna, Inc. | 7.82% |
| Uber Technologies, Inc. | 6.51% |
| Snowflake, Inc. Class A | 6.15% |
| Zoom Video Communications, Inc. Class A | 5.34% |
| CrowdStrike Holdings, Inc. Class A | 5.01% |
| Cloudflare Inc Class A | 4.30% |
| Palantir Technologies Inc. Class A | 3.76% |
| Datadog Inc Class A | 3.38% |
| Coinbase Global, Inc. Class A | 3.32% |
| DoorDash, Inc. Class A | 2.55% |
| Airbnb, Inc. Class A | 2.47% |
| Pinterest, Inc. Class A | 2.29% |
| Peloton Interactive, Inc. Class A | 2.15% |
| BioNTech SE Sponsored ADR | 2.07% |
| XPeng, Inc. ADR Sponsored Class A | 2.04% |
| Top 15 Weights | 59.16% |
Compare with similar ETFs
| IPO | FCVT | ICVT | MFMS | OGIG | XITK | |
|---|---|---|---|---|---|---|
| Product name | Renaissance IPO ETF | First Trust SSI Strategic Convertible Securities ETF | iShares Convertible Bond ETF | Motley Fool Small-Cap Growth ETF | O’Shares Global Internet Giants ETF | SPDR FactSet Innovative Technology ETF |
| Issuer | Renaissance | First Trust | iShares | Motley Fool | O'Shares | SPDR |
| Price | $27.62 | $31.24 | $69.13 | $23.0353 | $24.78 | $96.851 |
| Expense Ratio | 0.6% |  0.95% |  0.2% | 0.85% | 0.48% | 0.45% |
| Average Spread | 0.181% | 0.704% | 0.072% | 0.781% | 0.242% | 0.217% |
| AUM | $203,644,000 | $181,545,000 | $1,274,420,000 | $102,411,000 | $272,747,000 | $138,751,000 |
| Shares | 7,373,065 | 5,811,299 | 18,435,144 | 4,445,828 | 11,006,759 | 1,432,628 |
| Average Daily Volume | 43,923 | 45,953 | 261,930 | 7,625 | 56,280 | 6,217 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2013-10-14 | 2015-11-03 | 2015-06-02 | 2018-10-23 | 2018-06-05 | 2016-01-13 |
| Index Tracked | Renaissance IPO Index | No Underlying Index | Bloomberg U.S. Convertible Cash Pay Bond > $250MM Index | No Underlying Index | O’Shares Global Internet Giants Index | FactSet Innovative Technology Index |
| Category | All Cap Equities | Preferred Stock/Convertible Bonds | Preferred Stock/Convertible Bonds | Small Cap Growth Equities | Large Cap Growth Equities | All Cap Equities |
| Asset Class | Equity | Bond | Bond | Equity | Equity | Equity |
| Asset Class Size | Large/Mid Caps | Mid/Small Caps | Large/Mid Caps | Large/Mid/Small Caps | ||
| Value or Growth | Growth | Growth | Growth | Growth | ||
| Region | North America | North America | North America | North America | ||
| Countries | Broad | U.S. | U.S. | U.S. | Broad | Broad |
| Annual Dividend Rate | $0 | $10.221 | $7.149 | $0 | $0 | $0.112 |
| Annual Dividend Yield | 0.000% | 0.327% | 0.103% | 0.000% | 0.000% | 0.001% |
| Number of Holdings | 72 | 0 | 0 | 30 | 90 | 93 |
| YTD Return | -52.25% | -22.22% | -21.62% | -36.91% | -49.66% | -49.22% |
| Beta | 1.38 | 0.73 | 0.83 | 1.00 | 1.22 | 1.38 |
| Upside Beta | 0.48 | 0.45 | 0.45 | 0.36 | 0.50 | 0.86 |
| Downside Beta | -0.27 | -0.02 | -0.06 | 0.36 | 0.53 | -0.01 |
| Volatility 1Y | 52.88% | 18.35% | 18.84% | 30.68% | 48.49% | 46.58% |
| Sharpe Ratio 3Y | -0.09 | 0.73 | 0.78 | -0.08 | 0.00 | -0.14 |
| Treynor Ratio 3Y | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |