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IPO - Renaissance IPO ETF

Stock Price: $62.93 USD -0.52 (-0.82%)
Updated Jul 29, 2021 4:00 PM EDT - Market closed
Assets $546.01M
NAV $63.49
Expense Ratio 0.60%
PE Ratio n/a
Beta (5Y) 1.21
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date Mar 20, 2020
1-Year Return -
Trading Day July 29
Last Price $62.93
Previous Close $63.45
Change ($) -0.52
Change (%) -0.82%
Day's Open 63.77
Day's Range 62.93 - 64.02
Day's Volume 142,089
52-Week Range 42.52 - 77.05

Fund Description

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.

Asset Class
Portfolio-Multi Asset
Sector
Managed ETFs
Region
Global
Inception Date
Oct 14, 2013
Exchange
NYSEARCA
Ticker Symbol
IPO
Index Tracked
Renaissance IPO Index

Top 10 Holdings

54.19% of assets
NameSymbolWeight
SnowflakeSNOW11.01%
PalantirPLTR6.81%
Peloton InteractivePTON5.98%
CloudflareNET5.59%
CoinbaseCOIN5.17%
DoorDashDASH4.80%
DatadogDDOG4.69%
AirbnbABNB4.23%
Unity SoftwareU2.97%
XPengXPEV2.94%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Mar 20, 2020$0.066Mar 27, 2020
Dec 13, 2019$0.064Dec 20, 2019
Jun 14, 2019$0.019Jun 21, 2019
Mar 15, 2019$0.062Mar 22, 2019
Sep 14, 2018$0.017Sep 21, 2018
Jun 15, 2018$0.0675Jun 22, 2018
Full Dividend History

News

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Companies are racing to launch IPOs as the market hits all time highs. Here are some companies and ETFs to be part of the action.

Other tickers mentioned: FPX, LCID
1 day ago - InvestorPlace

The global market for initial public offerings was off to a great start this year and is still running hot. There have been 250 IPOs priced this year, up 190.7% from last year.

Other tickers mentioned: IPOS, SPAK
1 day ago - Zacks Investment Research

The U.S. IPO market set another milestone in the second quarter with 113 IPOs raising $39.9 billion, marking the busiest quarter in over two decades.

Other tickers mentioned: APP, COIN, DIDI, FPX, MQ, OTLY, PATH ...
3 weeks ago - Zacks Investment Research

"A little bit of fear in the market" will likely help investors in ETFs such as Renaissance Capital's U.S. IPO ETF, the firm's chairman says.

Other tickers mentioned: DIDI
3 weeks ago - CNBC

ETF Edge, July 7, 2021

YouTube video

CNBC's Frank Holland digs into the latest trends impacting exchange-traded funds with Dave Nadig, chief investment officer and director of research at ETF Trends, Kathleen Smith, chairman, principal and...

Other tickers mentioned: DIDI, PAVE, SNOW, UTES, XLU
3 weeks ago - CNBC Television

SPACs fizzle, IPOs sizzle: How China's cybersecurity crackdown could impact the space

YouTube video

Kathleen Smith, chairman, principal and co-founder of Renaissance Capital, Dave Nadig, chief investment officer and director of research at ETF Trends, and Jay Rhame, CEO of Reaves Asset Management, tal...

Other tickers mentioned: DIDI, SNOW
3 weeks ago - CNBC Television

Some of the blockbuster IPOs of this year include South Korean e-commerce firm Coupang, cybersecurity firm Darktrace, and cryptocurrency exchange Coinbase Global.

Other tickers mentioned: FPX, SPAK, SPCX, SPXZ
1 month ago - Zacks Investment Research

If you really want to invest for change, pay attention to who is running the show. Here's a list of funds ran by a diverse group of portfolio managers.

Other tickers mentioned: FRDM, VT
1 month ago - Kiplinger

The U.S. IPO raised $171 billion so far this year, surpassing last year's record of $168 billion and breaking the annual 2020 record within less than six months.

Other tickers mentioned: FPX, SPAK, SPCX, SPXZ
1 month ago - Zacks Investment Research

With COVID-19 vaccination taking momentum, the outlook for large U.S. companies' corporate actions is looking bright.

Other tickers mentioned: MNA, PKW, SDY
2 months ago - Zacks Investment Research

From 'ARKK' to 'SPAK' to 'IPO,' these once-hot ETFs have noticeably cooled.

Other tickers mentioned: ARKG, ARKK, ARKW, FPX, SPAK, SPCX
2 months ago - ETFcom

Last year, the pandemic may have tamped down venture capital (VC) funding, but as global economies heal, VC is starting to show signs of life again in North America. This presents an opportunity for ETF...

Other tickers mentioned: IPOS
3 months ago - ETF Trends

President Joe Biden wants to raise capital gains tax to 39.6% from the current rate of 20% for those earning $1 million or more. Since the group is just 0.3% of total population, don't expect a severe m...

Other tickers mentioned: ARKG, ARKW, IBUY, LIT, NERD, PBW, PSI ...
3 months ago - Zacks Investment Research

The winning cryptocurrency just had an awful week and probably the worst since February due to the talks of capital gain tax hike.

Other tickers mentioned: BLOK, COIN, VFIN
3 months ago - Zacks Investment Research

The pending Coinbase direct listing is exciting a broad base of the investment community outside the usual cryptocurrency crowd.

Other tickers mentioned: COIN, ARKF, BLOK, FINX
3 months ago - CNBC

The global market for initial public offerings is on its way to see its biggest-ever first quarter.

Other tickers mentioned: IPOS, SPAK
4 months ago - Zacks Investment Research

One benefit of technology ETFs and ETFs more broadly is that they make it fairly easy to obtain steady, consistent growth. If you pick a high-quality ETF that tracks a rapidly expanding sector your inve...

Other tickers mentioned: ARKF, CLOU, HACK
5 months ago - InvestorPlace

Amazon-backed EV start-up Rivian Automotive is planning for an IPO. These ETFs may gain from the move.

Other tickers mentioned: DRIV, HAIL, IDRV, VCAR
5 months ago - Zacks Investment Research

Choose your flavor of SPAC access: index-based, SPAC-only active or active equal weight.

Other tickers mentioned: SPAK, SPCX, SPXZ
5 months ago - ETFcom

Unpacking the newest SPAC ETF with the man behind its launch

YouTube video

Mark Yusko, CEO, chief investment officer and founder of Morgan Creek Capital Management, discusses his firm's latest SPAC ETF. With Morningstar's Ben Johnson and CNBC's Bob Pisani.

Other tickers mentioned: SPAK, SPCX
6 months ago - CNBC Television

Morgan Stanley's M&A chief explains why SPAC deals are advantageous for many companies

YouTube video

Robert Kindler, Morgan Stanley vice chairman and global head of M&A, joined "Squawk Box" on Friday to discuss what he thinks is behind the appeal of SPAC deals and the disconnect between valuations in t...

Other tickers mentioned: CCIV, IPOE, PSTH
6 months ago - CNBC Television

Cryptocurrency and SPACs are just some of the issues that could be on the agenda for the Biden administration, ETF Trends CEO Tom Lydon says.

6 months ago - CNBC

Returns for the top performers ranged from 94% to 185%.

Other tickers mentioned: ARKF, ARKG, ARKK, IBUY, OGIG, ONLN, PBW ...
7 months ago - ETFcom

Fun fact: Over the past decade, exchange-traded funds hauled in $2.7 trillion in new assets while actively managed mutual funds bled $684 billion. That trend isn't stopping.

Other tickers mentioned: ACES, ARKK
7 months ago - Benzinga

Lonsdale: Market has undervalued durable tech platforms for years

YouTube video

"It's clear the market has really undervalued a lot of these durable tech platforms for many years," Joe Lonsdale, 8VC founding partner and Palantir co-founder, told CNBC's "Squawk Box" Thursday. "Looki...

7 months ago - CNBC Television

These ETFs provide diversified exposure to hottest IPOs

Other tickers mentioned: FPX
7 months ago - Zacks Investment Research

IPO ETF Inflow Surges to Record on Airbnb, DoorDash Listings

YouTube video

Dec.11 -- IPOs from Airbnb Inc. and DoorDash Inc. sparked record weekly inflow for the Renaissance IPO ETF, even though the fund doesn't yet hold either of those stocks. Bloomberg's Katie Greifeld has t...

7 months ago - Bloomberg Markets and Finance

The markets might be getting frothy with excess and this week's IPO bonanza epitomizes the market's lust for risk.

7 months ago - Zacks Investment Research

We have presented a bunch of top-performing ETFs from various corners of the market that gained in triple digits from a year-to-date look and will likely continue outperforming, should the trends prevail.

Other tickers mentioned: ARKF, ARKG, ARKK, ARKW, IBUY, LIT, PBW
7 months ago - Zacks Investment Research

Companies have raised the most money in IPOs ever amid insatiable investor demand.

7 months ago - ETFcom

The IPO market has been heating up recently, and the latest famed entrant, Airbnb, trading under the ticker ABNB, opened at $146 per share on its first day of trading on Thursday, which was a greater th...

Other tickers mentioned: ABNB
7 months ago - ETF Trends

IPO ETF may fell on Dec 9 on broader market concerns, the prospect looks pretty upbeat.

Other tickers mentioned: IPOS, SPAK
7 months ago - Zacks Investment Research

The year ahead will see a spate of public market newcomers, possibly including SpaceX, Waymo and Instacart, says Renaissance Capital's Kathleen Smith.

Other tickers mentioned: SPAK
7 months ago - CNBC

What could lie store for IPOs and SPACs in 2021: ETF analysts

YouTube video

Renaissance Capital Chairman and co-founder Kathleen Smith and Defiance ETFs President Paul Dellaquila share their 2021 outlook for IPOs and SPACs. With CNBC's Bob Pisani.

Other tickers mentioned: SPAK
7 months ago - CNBC Television

The U.S. IPO market has been hot this year and new offerings from several high-profile names scheduled this month should boost the space even further.

7 months ago - Zacks Investment Research

Christmas Is Coming Early In The IPO Market: DASH & ABNB

Other tickers mentioned: TSLA, UBER
7 months ago - Zacks Investment Research

Shares of Slack were on fire on Wednesday, surging as much as 32% before tempering gains, after a report from analysts that Salesforce was in discussions to purchase the company. While Salesforce stock ...

8 months ago - ETF Trends

ETFs that track new IPOs and innovation can add a spark to your portfolio.

Other tickers mentioned: ARKK, ONEQ, QQQ
8 months ago - The Motley Fool

The fourth quarter of this year could be ruled by tech IPOs.

Other tickers mentioned: IPOS, SPAK
8 months ago - Zacks Investment Research

Wall Street booked remarkable gains a day after the election on hopes of a divided Congress.

Other tickers mentioned: EMQQ, KWEB, PBE, RWGV, WCLD, XBI
8 months ago - Zacks Investment Research

Here are the IPOs setting their prices amid the market sell-off

YouTube video

Companies carefully plan their IPOs, hoping to pick the best time to go public. Sometimes you go public during a major market sell-off.

9 months ago - CNBC Television

It takes a high degree of due diligence for investor capitalists to rifle through the mass number of investment opportunities to find that next big initial public offering (IPO). Just like how Microsoft...

Other tickers mentioned: IPOS
9 months ago - ETF Trends

Technology continues to play a heavy role in the Covid-19 pandemic as the world transitions to a new degree of normalcy. As such, software companies that enable technological advances will also benefit ...

Other tickers mentioned: DEUS, XITK, XSW
9 months ago - ETF Trends

Software stocks have become a dominant force in the stock market. Let's explore seven software ETFs worth watching this month.

Other tickers mentioned: CLOU, IGV, PSJ, SKYY, XITK, XSW
9 months ago - InvestorPlace

IPOs have been red-hot this year. The momentum may slowdown just ahead of and right after the election due to policy uncertainties, but long-term potential is bright.

Other tickers mentioned: BSY, IPOS, SNOW, SPAK
9 months ago - Zacks Investment Research

To say that 2020 “has been interesting” thus far would be an understatement, but when it comes to exchange-traded funds (ETFs), that’s truly the case. Investorplace published their 10 best ETFs so far f...

Other tickers mentioned: CLOU, IPOS
9 months ago - ETF Trends

Not all of the best ETFs this year will continue their monstrous climbs next year. But there are still plenty of winners here to keep your eyes on.

Other tickers mentioned: ACT, CLOU, IWO, JETS, MJ, QQQ, XITK ...
9 months ago - InvestorPlace

Hundreds of IPOs and SPACs have come on the market this year but how do you know which ones to buy?

Other tickers mentioned: FPX, SPAK
9 months ago - Zacks Investment Research

While jitters will emanate from the U.S. presidential election and global banking sector woes amid news of money laundering, strength may be added by President Trump's fast recovering health, stimulus t...

Other tickers mentioned: CNRG, MUB, PNQI, RTH
9 months ago - Zacks Investment Research

The Covid-19 pandemic painted a cloudy picture for initial public offerings (IPOs) to start 2020, but they’re set to finish the year strong. With key IPOs already in the works, this makes a case for a r...

Other tickers mentioned: FPX, IPOS
9 months ago - ETF Trends