Renaissance IPO ETF (IPO)
| Assets | $176.28M |
| Expense Ratio | 0.60% |
| PE Ratio | 41.87 |
| Shares Out | 3.20M |
| Dividend (ttm) | $0.17 |
| Dividend Yield | 0.34% |
| Ex-Dividend Date | Jun 13, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 14.25% |
| Volume | 230,005 |
| Open | 50.16 |
| Previous Close | 50.35 |
| Day's Range | 49.37 - 50.26 |
| 52-Week Low | 31.20 |
| 52-Week High | 50.67 |
| Beta | 1.30 |
| Holdings | 30 |
| Inception Date | Oct 14, 2013 |
About IPO
Fund Home PageThe Renaissance IPO ETF (IPO) is an exchange-traded fund that is based on the FTSE Renaissance IPO index. The fund tracks a market cap-weighted index of recent US-listed IPOs. The fund acquires issues within three years of an IPO and sells after the three year period. IPO was launched on Oct 14, 2013 and is issued by Renaissance.
Top 10 Holdings
72.26% of assets| Name | Symbol | Weight |
|---|---|---|
| Astera Labs, Inc. | ALAB | 14.77% |
| Reddit, Inc. | RDDT | 14.65% |
| Arm Holdings plc | ARM | 8.75% |
| Kenvue Inc. | KVUE | 7.97% |
| Viking Holdings Ltd | VIK | 6.25% |
| Corebridge Financial, Inc. | CRBG | 4.27% |
| Nextracker Inc. | NXT | 4.20% |
| Rubrik, Inc. | RBRK | 4.18% |
| Joint Stock Company Kaspi.kz | KSPI | 3.76% |
| Maplebear Inc. | CART | 3.45% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 13, 2025 | $0.05347 | Jun 20, 2025 |
| Mar 14, 2025 | $0.07244 | Mar 21, 2025 |
| Dec 13, 2024 | $0.0347 | Dec 20, 2024 |
| Sep 13, 2024 | $0.0088 | Sep 20, 2024 |
| Jun 14, 2024 | $0.0077 | Jun 21, 2024 |
| Mar 20, 2020 | $0.06572 | Mar 27, 2020 |
Performance
IPO had a total return of 21.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.41%.
News
BLSH Stock: Is Bullish a Good Investment? An IPO ETF Offers a Clue
Bullish (BLSH) just hit the market amid crypto buzz. To size up its near-term path, we map BLSH against the Renaissance IPO ETF (IPO)—a proxy for how fresh listings trade.
IPO performance vs. S&P 500 since April market low?
The Renaissance Capital IPO ETF has returned roughly 50% since the April 8 low for the stock market. AI and crypto offerings have led the way, and that should continue.
ETF Edge: IPO market resurgence, crypto funds and record July inflows
NovaDius's Wealth Management president Nate Geraci and Renaissance Capital senior strategist Matt Kennedy sat down with Leslie Picker to discuss the expected rebound of the IPO market this fall, parti...
Long-awaited IPO market is slated to return in the fall, says Renaissance Capital's Matthew Kennedy
Matthew Kennedy, Renaissance Capital senior strategist, joins CNBC's Leslie Picker on CNBC's ‘Halftime Report” to discuss the IPO pipeline in the fall, what's behind the appetite return and the IPO ET...
The majority of mega cap private companies will go public, says Morgan Stanley's Colin Stewart
Colin Stewart, Morgan Stanley vice chairman of global tech M&A and capital markets, joins 'Money Movers' to discuss the IPO market heating up in 2025.
Investment Banks Expect IPOs to Pick Up in Second Half
Investment banks Evercore and Stifel Financial reportedly expect initial public offerings (IPOs) to pick up in the second half.
U.S. IPO Weekly Recap: Sizable Precision Medicine And Insurance IPOs Raise A Combined $902 Million
A handful of IPOs and blank checks priced in the short holiday week, led by two sizable issuers. Two smaller IPOs also priced this past week. One IPO is currently scheduled to list in the week ahead, ...
IPO: Upgrading To Buy As The IPO Window Cracks Open
The US IPO market is showing renewed strength, with recent successful tech IPOs like CoreWeave and Circle sparking optimism. I am upgrading the Renaissance IPO ETF to a buy, as bullish sentiment retur...
Space IPOs are trickling back. What that could mean for Elon Musk's Starlink.
IPO chatter is again swirling around Elon Musk's SpaceX and the rocket maker's Starlink satellite-internet constellation, but Musk seems in no rush to take either public.
Venture Capitalist Bradley Tusk talks what is coming down the IPO pipeline
Bradley Tusk, Tusk Ventures, joins 'Closing Bell Overtime' to talk big names set to go public soon.
Why the IPO pipeline is 'totally clogged'
Artificial intelligence (AI) and software dominated venture capital deals in the first quarter of 2025, according to data from KPMG Private Enterprise. Kapital Ventures managing partner Kamran Ansari ...
IPO market: 2025 and 2026 are 'going to be hot,' says Connor Group partner
As a slew of companies are set to go public this week, Connor Group Managing Partner Jim Neesen joins Morning Brief anchors Seana Smith and Brad Smith to discuss the current state of the IPO market. N...
Selected ETFs To Watch In 2025
Following on last week's top 10 list, this week's blog focuses on ETFs related to the stocks in the list. For this week, we then screened for ETFs that contained each stock that were also rated 5 (Str...
General Atlantic CEO Bill Ford: Expect a real renaissance in the IPO market
General Atlantic CEO Bill Ford joins 'Squawk Box' to discuss state of the private equity landscape, IPO market and M&A outlook, future of AI, impact of tariffs, fate of TikTok, and more.
IPO: Favorable Capital Markets In 2025 Not Yet A Tailwind (Rating Downgrade)
The IPO market has been sluggish for almost three years due to elevated global yields and macroeconomic uncertainties, despite a peak in early 2021. I am downgrading the Renaissance IPO ETF from a buy...
IPO ETF: Hard To Know Where It Fits
Renaissance IPO ETF provides exposure to new US IPOs without the hassle of being a first buyer. The portfolio includes companies like Kenvue, Nu Holdings, Coinbase, Arm Holdings, and AppLovin. Sector ...
IPO Trends to Keep in Focus
From my seat, there's not a lot different yet in the IPO industry, notes Chase Anderson. He discusses IPO trends to keep in focus.
Startup valuations' impact on IPOs
CNBC's Deirdre Bosa joins 'Power Lunch' to discuss tech's IPO outlook.
IPO Activity Slow To Recover
The talk of the day is the debut of Reddit (RDDT) on public markets. The stock priced at the top of its expected range, and at the intraday highs traded 70% above the IPO price of $34.
U.S. IPO Weekly Recap: 2024 IPO Market Starts Off With $2B Additions To The Pipeline
While the calendar was quiet this past week, six IPOs joined the pipeline, two of which we estimate could raise $1 billion or more. Three biotechs filed to raise $100 million.
Reddit, Shein and Stripe may lead a revived IPO market in 2024
The U.S. market for initial public offerings is expected to stage a recovery in 2024 from the drought of the last two years, buoyed by expectations the Federal Reserve will switch to a rate-cutting cy...
Avista Health plans direct listing IPO on the Nasdaq in Q1
Avista Health, an Orange, Calif., Medicare Advantage prescription drug plan provider based in Orange, Calif., said it plans to register its common stock for trading on Nasdaq in an initial public offe...
General Atlantic confidentially files for U.S. initial public offering: Bloomberg
General Atlantic, the 43-year-old private-equity firm that invested in Meta Platforms Inc. META, -2.31% and many other blockbuster companies before they went public, has filed a confidential initial p...
US IPO Weekly Recap: IPO Pipeline Adds Another Sizable Name Amid More Small Listings
One small IPO priced this week, along with one SPAC that began trading. Three IPOs and four SPACs joined the pipeline. Offshore transport services provider Hornbeck Offshore Services filed to raise $1...
IPO Offers Very Few Advantages To Investors
Renaissance IPO ETF primarily invests in recently IPO'ed companies, but its value proposition may be questionable, as investors can easily buy individual IPO stocks that they like. The fund focuses on...