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Renaissance IPO ETF (IPO)

22.57
Delayed Data
As of Mar 23
 +0.2319 / +1.04%
Today’s Change
17.93
Today|||52-Week Range
22.86
+9.20%
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.

Performance

1 month-1.69% 3 years+0.14%
3 months+7.90% 5 years--
1 year+17.18% Since inception+3.82%
Data through 03/23/2017

Quote Details

Previous close$22.34
Open day’s range22.42 – 22.58
Net asset value (NAV)22.36 (03/22/2017)
Daily volume1,652
Average volume (3 months)3,013
Data as of 2:25pm ET, 03/23/2017

Peer Comparisonvs. Mid-cap growth ETFs

 IPOCategory
Performance 5-yr return--+11.79%
Expense Gross exp ratio0.60%1.25%
Risk 5 year sharpe ratio--0.88
Net assets$13.5M$1.3B
Average market cap$4.6B$10.0B
Average P/E31.327.4
Dividend / Share--0.09%

Competitors

VOT Vanguard Mid-Cap Growth Index Fund ETF S...
IWP iShares Russell Mid-Cap Growth ETF
MDYG SPDR® S&P 400 Mid Cap Growth ETF

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
FDC First Data Corp8.71%
TRU TransUnion8.09%
-- 5.89%
SQ Square Inc4.36%
UNVR Univar Inc4.10%
SUM Summit Materials Inc3.84%
-- 3.80%
USFD US Foods Holding Corp3.68%
BUFF Blue Buffalo Pet Products Inc3.56%
GDDY GoDaddy Inc3.12%