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Renaissance IPO ETF (IPO)

21.27
Delayed Data
As of Sep 23
 0.00 / 0.00%
Today’s Change
15.86
Today|||52-Week Range
22.15
+1.81%
Year-to-Date

Investment Objective

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the index. It normally invests at least 80% of its total assets in securities that comprise the index. The index is a portfolio of companies that have recently completed an initial public offering ("IPO") and are listed on a U.S. exchange. The fund is non-diversified.

IPO Market Heats Up: ETFs in Focus
Sep 22 / Zacks.com - Paid Partner Content
 

Performance

1 month+1.60% 3 years--
3 months+8.62% 5 years--
1 year+4.12% Since inception+2.68%
Data through 09/24/2016

Quote Details

Previous close$21.27
Open day’s range21.22 – 21.28
Net asset value (NAV)21.27 (09/23/2016)
Daily volume1,606
Average volume (3 months)2,378
Data as of 3:58pm ET, 09/23/2016

Peer Comparisonvs. Mid-cap growth ETFs

 IPOCategory
Performance 5-yr return--+8.82%
Expense Gross exp ratio0.60%0.51%
Risk 5 year sharpe ratio--0.88
Net assets$12.6M$1.0B
Average market cap$8.9B$10.1B
Average P/E23.725.5
Dividend / Share--0.15%

Competitors

No competitors data available.

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
BABA Alibaba Group Holding Ltd11.30%
CFG Citizens Financial Group Inc9.77%
SYF Synchrony Financial8.01%
MBLY Mobileye NV6.66%
AXTA Axalta Coating Systems Ltd5.18%
SERV Servicemaster Global Holdings Inc3.81%
TRU TransUnion3.31%
STOR Store Capital Corp3.31%
ZAYO Zayo Group Holdings Inc2.23%
CTLT Catalent Inc2.06%