IPO : US IPO ETFAfter suffering a brutal bearish phase from 2021 to 2022 when the ETF ‘IPO’ suffered a 70% drawdown the ETF is recently having a renaissance. ETF has been having a comeback since 2024. It has recovered almost 80% from its lows. The recent weakness in the market has pushed it below 100 day SMA in the
Key stats
About Renaissance IPO ETF
Home page
Inception date
Oct 14, 2013
Structure
Open-Ended Fund
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
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Consumer Non-Durables
Stock breakdown by region
Top 10 holdings
IPOThe IPO stock is in an upward trend on the monthly chart, and the weekly chart indicates that it is likely to reach a higher peak than $77. The downward trendline formed by the 2021 high has been broken. We will wait for a pullback and enter when the green trendline is touched or when the red downwa
Bubble ETF to speculate SPX movesIn traditional markets, especially equities, individual tickers/ETFs/main indices can lag one another but they all move in the same direction at a HTF. It is only the strength of their moves which brings a divergence in their price. This can be a useful tool/signal to speculate when the markets are
Recent IPOs Just Had a Historic WeekIf the last 11 months in the market has taught investors anything, it’s that rising interest rates can drag on high-multiple growth stocks. That was especially true for recent initial public offerings, but things might be changing.
This chart shows the Renaissance IPO ETF with weekly candles. It ha
Buy IPO stocks and hold themStocks with a recent IPO are massively sold off, and at great support levels for a long-term investment. You can either buy this index, or specifically pick ones that you like. I am doing BOTH, and I will sell them in a few months if they rise enough. I will just add even more if we go lower. The pr
The dust settles on the IPO bubbleTaking the chart of the IPO ETF over the SPX, we can see that the IPO stocks had an incredible bubble in 2020, allowing business owners to go public and dump shares for 10, or even 100 times what they were worth in some cases. At its peak, this bubble had increased IPO by 100% above the already incr
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
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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.
Related funds
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.
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.
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.
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.