Renaissance IPO ETF (IPO)
| Assets | $161.43M |
| Expense Ratio | 0.60% |
| PE Ratio | 45.30 |
| Shares Out | 2.90M |
| Dividend (ttm) | $0.24 |
| Dividend Yield | 0.43% |
| Ex-Dividend Date | Jun 12, 2026 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 19.35% |
| Volume | 20,263 |
| Open | 55.19 |
| Previous Close | 54.11 |
| Day's Range | 54.97 - 55.59 |
| 52-Week Low | 39.31 |
| 52-Week High | 60.33 |
| Beta | 1.35 |
| Holdings | 53 |
| 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
56.53% of assets| Name | Symbol | Weight |
|---|---|---|
| Astera Labs, Inc. | ALAB | 8.66% |
| CoreWeave, Inc. | CRWV | 7.80% |
| Reddit, Inc. | RDDT | 7.57% |
| Arm Holdings plc | ARM | 6.73% |
| Viking Holdings Ltd | VIK | 5.90% |
| Medline Inc. | MDLN | 5.59% |
| BrightSpring Health Services, Inc. | BTSG | 3.70% |
| Circle Internet Group, Inc. | CRCL | 3.66% |
| Rubrik, Inc. | RBRK | 3.54% |
| American Healthcare REIT, Inc. | AHR | 3.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 12, 2026 | $0.0306 | Jun 22, 2026 |
| Mar 13, 2026 | $0.0306 | Mar 20, 2026 |
| Sep 12, 2025 | $0.1758 | Sep 19, 2025 |
| Jun 13, 2025 | $0.05347 | Jun 20, 2025 |
| Mar 14, 2025 | $0.07244 | Mar 21, 2025 |
| Dec 13, 2024 | $0.0347 | Dec 20, 2024 |
Performance
IPO had a total return of 14.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.74%.
News
The IPO Window Is Open. Now Comes the Real Test
The initial public offering (IPO) window is clearly open. In Q2, 48 IPOs raised a record $104.8 billion, bringing the first half to $114.7 billion after a slow start of…
Cerebras Systems’ (CBRS) Debut Dazzled Investors. I’m Not Chasing the Stock
Cerebras Systems Inc. ($CBRS) made one of the most explosive Nasdaq debuts the market has seen in years. It opened at $350 against its $185 initial public offering (IPO) price…
AI-Induced Tech Selloff Spoils the IPO Parade
This year was supposed to be a blockbuster for tech offerings of all sizes.
SpaceX could be the first $500 billion IPO, says Lerer Hippeau's Eric Hippeau
Eric Hippeau, Lerer Hippeau managing partner, joins 'Squawk on the Street' to discuss the massive backlog of IPOs, what he expects in 2026, AI valuations, and more.
Boring companies are going public again, strong signal for 2026 IPOs: Axios' Primack
CNBC's "The Exchange" team discusses the IPO market, Medline's trading debut and more with Dan Primack, business editor at Axios.
IPO pipeline: Here's what's ahead
Dan Primack, Axios business editor, joins 'The Exchange' to discuss Klarna nearing IPO as the IPO market sees a post-Labor Day push.
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.
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...
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 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.
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...
Key Mining files for IPO with plans to list on Nasdaq
Key Mining, an exploration-stage miner focused on two projects in Chile, filed for an initial public offering on Tuesday, with plans to list on Nasdaq under the ticker “KMCM.” Titan Partners Group is ...
Israeli communications headset maker Silynxcom files for New York IPO
Silynxcom Ltd., an Israeli maker of headsets for military, law enforcement, and homeland security agencies, filed for an initial public offering on Friday with plans to list on the New York Stock Exch...
Water treatment company Shimmick to offer 4.55 million shares in IPO priced at $10 to $12 each
Shimmick Corp. SHIM, , a water treatment company, set terms for its initial public offering on Tuesday with plans to offer 4.55 million shares, priced at $10 to $12 each. The company would raise $54.6...
Navan CEO Ariel Cohen talks partnering with Citi
Ariel Cohen, Navan CEO, joins 'Closing Bell Overtime' to talk partnering with Citi, a possible IPO and more.
IPO market: Companies not finding interest they hoped for, analyst says
"Recent IPO debuts from companies such as Instacart (CART), Arm Holdings (ARM), and Birkenstock (BIRK), have not delivered the performance many investors hoped for. University of Florida Professor Jay...
Luxury skiwear company Perfect Moment files for IPO with plans to list on Nasdaq
Perfect Moment Ltd., a U.K.-based maker of luxury skiwear, outerwear and swimwear, filed for an initial public offering early Tuesday, with plans to list on Nasdaq under the ticker “PMNT.
Bessemer's Byron Deeter talks movement in the IPO market
Byron Deeter, Bessemer Venture Partners Partner, joins 'Closing Bell Overtime' to talk the IPO market, Birkenstock's recent valuation announcement and more.
Weak companies are going public: Slow Ventures' Sam Lessin
Sam Lessin, Slow Ventures co-founder, joins 'The Exchange' to discuss late-stage capital funds competing with the public market, lack of investor trust in the IPO market, and a splintering in the mark...
IPOs Could Screech to a Halt in a Shutdown
The SEC says it will suspend its processing of IPO registrations if Congress can't pass an appropriations bill by September's end.
Wearable display product maker Six15 Technologies to offer 2 million shares in IPO priced at $5 each
Six15 Technologies Holding Corp., a maker of wearable display technology products, set terms for its initial public offering on Wednesday, with plans to offer 2 million shares priced at $5 each. The c...
JPMorgan's Jennifer Nason: It's a completely new world order for IPOs
Jennifer Nason, JPMorgan global chairman of investment banking, joins 'Closing Bell Overtime' to talk the IPO market, how to play recent IPOs and more.
Wouldn't worry too much about the first few days of trading in recent IPOs: Ben Lerer
Ben Lerer, Lerer Hippeau managing director, joins 'Squawk on the Street' to discuss the recent spate of initial public offerings, whether there's a reason recent IPOs have stumbled after first-day pop...
IPO market shows fatigue as trio of big tech deals languish in second week of trading
The initial public offering market was again showing signs of fatigue on Monday, with the three big tech deals that priced last week falling again in early trading, with one dipping beneath its offeri...
Firstmark's Rick Heitzmann gives the pulse on IPOs
Rick Heitzmann, Firstmark Capital, joins 'Closing Bell' to discuss IPOs as markets await Instacart to go public.
IPO market braces for first tech unicorns in nearly two years
The initial public offering market, fresh off its biggest transaction of the year, is expected to welcome five deals this week, including two venture capital-backed companies that will be the first te...
Arm deal is expected to lift tech IPOs, but not all future debuts will have the same draw
The strong debut of Arm Holdings Plc. is expected to reignite the long-dormant IPO market for tech companies, but not all the current deals in the pipeline will have the same draw for investors.
The IPO trade trend now is focused on multiple expansions: Manhattan Venture's Rashaun Williams
Rashaun Williams, Manhattan Venture Partners general partner, joins 'Closing Bell' to discuss efforts to recover strength in the IPO market, Turo's plans to go public, and the trickle-down effects of ...
Arm IPO: What You Need To Know
Arm holdings and its parent company SoftBank are preparing to file of the most significant IPOs in recent memory. In this article we discuss who they are, what they do in the semiconductor space, and ...
Exclusive: SoftBank hired Arm's IPO banks without clarity on fees -sources
Chip designer Arm signed up 28 banks for its blockbuster initial public offering without giving them a fee arrangement, a reflection of owner SoftBank Group's leverage over underwriters clamoring for ...
Portfolio manager discusses the investment risks around Arm's IPO
Jamie Halse, portfolio manager at Platinum Asset Management, says he would be cautious about buying into Arm, given that SoftBank, which is "not known as a poster child for good corporate governance,"...
FirstMark Capital's Rick Heitzmann gives the pulse on the IPO market
Rick Heitzmann, FirstMark Capital founder, joins 'Closing Bell' to discuss tech IPOs possible comeback and more.
At long last, Instacart is reportedly eyeing IPO in September
Instacart Inc. plans to launch its long-awaited initial public offering in September, Bloomberg News reported late Thursday.
Expect IPO market recovery by mid-2024, says Stifel's Seth Rubin
Seth Rubin, Stifel Head of U.S. Equity Capital Markets, joins 'Fast Money' to talk recovery in the IPO market.
Utility EV maker Ev Transportation pulls IPO filing, citing a bad market for smaller companies
Ev Transportation Services Inc. EVTS filed Wednesday to withdraw its plan for an initial public offering, due to “adverse market conditions for smaller companies.” The withdrawal comes nearly a year a...
Second-half scenarios: ETFs to choose your own adventure
Second-half scenarios: ETFs to choose your own adventure » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest...
The second-half playbook for ETFs: Will investors return to stock-based ETFs?
Todd Sohn, Strategas Securities, joins CNBC's Bob Pisani to discuss the lack of investor enthusiasm for stock-based ETFs, and how investors can prepare for the second half of 2023.
Like shoppers, IPO investors are demanding discounts and showing price sensitivity
IPO investors, much like shoppers in the current inflationary environment, are demanding clear discounts and demonstrating sensitivity to price and valuations, according to Renaissance Capital.