IPORenaissance IPO ETF

Grow my money12y track recordRanked #1,103 of 2,960 in this goal

Seeks to replicate as closely as possible the price and yield performance of the Renaissance IPO Index.

By Renaissance Capital · Launched 2013

Annual Cost

0.60%

#3,108 of 5,562 · average

Fund Size

$161M

#2,490 of 5,562 · mid-size

Return (1Y)Goal

+37.0%

Track Record

12 years

#1,127 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$14,476+44.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Focus

IPO

Index tracked

Renaissance IPO Index

What it actually holds

By weight

Concentration

Top 10 holdings = 63.4% of fundconcentrated

Reddit Inc

10.4%

Kenvue Inc

10.1%

CoreWeave Inc

8.7%

Astera Labs Inc

8.3%

ARM Holdings PLC

5.5%

Nextpower Inc

5.0%

Viking Holdings Ltd

4.8%

Rubrik Inc

4.0%

American Healthcare REIT Inc

3.4%

Maplebear Inc

3.4%

Asset allocation

Stocks

99.8%

Cash

0.2%

By sector

Technology

46.6%

Consumer Cyclical

12.2%

Healthcare

8.9%

Industrials

8.8%

Consumer Defensive

7.8%

Communication

6.7%

Financial Services

4.4%

Real Estate

3.5%

Other

1.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

30.1%High

Year-on-year price swings

Max drawdown

-68.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.73Decent risk-adjusted returns

Sortino (3Y)

1.06Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to replicate as closely as possible the price and yield performance of the Renaissance IPO Index.
Strategy: Invests primarily in securities that comprise the Renaissance IPO Index, which includes companies that have recently completed an IPO. The Fund may also invest in futures, options, and cash equivalents to help track the Index, which is weighted by free float-adjusted market capitalization.
Inception date: October 16, 2013
Fund family: Renaissance Capital