IPOSRenaissance International IPO ETF

Grow my money11y track recordRanked #2,478 of 2,960 in this goal

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

By Renaissance Capital · Launched 2014

Annual Cost

0.80%

#4,189 of 5,562 · expensive

Fund Size

$11M

#4,697 of 5,562 · small

Return (1Y)Goal

+80.8%

Track Record

11 years

#1,228 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$18,221+82.2%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global ex-US

Cap

Multi cap

Strategy

Index tracking

Focus

IPO

Index tracked

Renaissance International IPO Index

What it actually holds

By weight

Concentration

Top 10 holdings = 58.4% of fundmoderately concentrated

Galderma Group AG

9.9%

Kioxia Holdings Corp

8.2%

Horizon Robotics

7.1%

J&T Global Express Ltd

5.9%

Midea Group Co Ltd

5.0%

JX Advanced Metals Corp

5.0%

Kokusai Electric Corp

4.9%

Lottomatica Group Spa

4.9%

Contemporary Amperex Technology Co Ltd

3.8%

RENK Group AG

3.6%

Asset allocation

Stocks

99.8%

Cash

0.2%

By sector

Technology

50.2%

Healthcare

14.9%

Industrials

13.4%

Financial Services

7.3%

Consumer Cyclical

6.3%

Consumer Defensive

4.2%

Basic Materials

3.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

32.1%High

Year-on-year price swings

Max drawdown

-73.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.65Decent risk-adjusted returns

Sortino (3Y)

0.94Moderate downside risk

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 International IPO Index.
Strategy: Invests primarily in securities that comprise the Index, which includes companies that have recently completed an IPO and are listed on non-U.S. exchanges. The Fund aims for a correlation of 95% or better with the Index, which captures 80% of the market cap of newly public companies.
Inception date: October 6, 2014
Fund family: Renaissance Capital