Renaissance IPO ETFRenaissance IPO ETFRenaissance IPO ETF

Renaissance IPO ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪139.57 M‬USD
Fund flows (1Y)
‪−51.87 M‬USD
Dividend yield (indicated)
0.29%
Discount/Premium to NAV
−0.008%
Shares outstanding
‪3.25 M‬
Expense ratio
0.60%

About Renaissance IPO ETF


Issuer
Renaissance Capital LLC
Brand
Renaissance
Inception date
Oct 14, 2013
Structure
Open-Ended Fund
Index tracked
FTSE Renaissance IPO Index
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Renaissance Capital LLC
Distributor
Foreside Fund Services LLC
IPO offers access to the newest publicly traded stocks in an ETF wrapper. Companies that have gone public within the last three years and that meet the index's size, liquidity, and free float criteria are included. The fund removes a firm after three years of public trading. The resulting portfolio complements the overall equity market, as its weighted average market cap will ordinarily be far smaller, and its constituents may not be included in major indexes for a few months. The small number of eligible securities can make for a concentrated portfolio. Index constituents have a 10% issuer cap and are reviewed quarterly. Post-IPO liquidity can be a challenge for market makers looking to create new shares, so keep a sharp eye on trading spreads.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Time since launch
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Time since listing
What's in the fund
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Technology Services
Finance
Consumer Non-Durables
Stock breakdown by region
78%15%1%4%
Top 10 holdings

See all ideas 

Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to IPO via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
IPO trades at 42.72 USD today, its price has fallen −0.58% in the past 24 hours. Track more dynamics on IPO price chart.
IPO net asset value is 42.72 today — it's risen 11.35% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
IPO assets under management is ‪139.57 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
IPO price has risen by 12.87% over the last month, and its yearly performance shows a 7.42% increase. See more dynamics on IPO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 11.35% over the last month, showed a 1.44% increase in three-month performance and has increased by 7.20% in a year.
IPO fund flows account for ‪−51.87 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
IPO invests in stocks. See more details in our Analysis section.
IPO expense ratio is 0.60%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, IPO isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, IPO technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating IPO shows the strong buy signal. See more of IPO technicals for a more comprehensive analysis.
Yes, IPO pays dividends to its holders with the dividend yield of 0.29%.
IPO trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
IPO shares are issued by Renaissance Capital LLC
IPO follows the FTSE Renaissance IPO Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 14, 2013.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.