Renaissance IPO ETF

No trades
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Key stats

Assets under management (AUM)
‪176.21 M‬USD
Fund flows (1Y)
‪−15.91 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.3%

About Renaissance IPO ETF

Issuer
Renaissance Capital LLC
Brand
Renaissance
Expense ratio
0.60%
Inception date
Oct 14, 2013
Index tracked
FTSE Renaissance IPO Index
Management style
Passive
ISIN
US7599372049
IPO offers access to the newest publicly traded stocks in an ETF wrapper. It adds a new company to its basket within 90 days of listing and removes a firm after three years of public trading. The largest new entrants can be included a week after their IPO date. The resulting portfolio complements the overall equity market, as its weighted average market cap will ordinarily be far smaller, and its constituents may not be included in major indexes for a few months. The small number of eligible securities can make for a concentrated portfolio. Index constituents have a 10% issuer cap and are reviewed quarterly. Post-IPO liquidity can be a challenge for market makers looking to create new shares, so keep a sharp eye on trading spreads.

Classification

Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Time since launch
Weighting scheme
Market cap
Selection criteria
Time since listing
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Finance
Consumer Non-Durables
Stock breakdown by region
100%

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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy