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IPO - ETF AI Analysis
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Renaissance IPO ETF (IPO)
Rating:65Neutral
Price Target:―
Positive Factors
Strong Year-To-Date Performance
The ETF has delivered positive year-to-date returns, showing that its recent mix of IPO stocks has been working overall.
Leading Winners In Top Holdings
Several of the largest positions, such as CoreWeave, Nextpower, and CAVA, have shown strong gains, helping support the fund’s performance.
Broad Sector Mix Within IPO Theme
Holdings spread across technology, consumer, communication services, industrials, health care, real estate, and other sectors help reduce the impact of weakness in any single industry.
Negative Factors
High Concentration In Top Positions
A small number of stocks, including CoreWeave, Kenvue, Reddit, and Astera Labs, make up a large share of the portfolio, increasing the impact if any of them stumble.
Several Weak Recent Performers
Some key holdings like Reddit, ARM, Viking Holdings, and Rubrik have shown weak or negative performance, which can drag on the ETF’s returns.
Heavy U.S. And Technology Focus
With almost all assets in U.S. companies and a large tilt toward technology, the fund is sensitive to downturns in the U.S. market and tech sector.
IPO vs. SPDR S&P 500 ETF (SPY)
AUM122.91M
RegionNorth America
Expense Ratio0.60%
Beta1.39
IssuerRenaissance
Inception DateOct 14, 2013
Dividend Yield0.76%
Asset ClassEquity
Index TrackedFTSE Renaissance IPO Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume35,806
30 Day Avg. Volume47,160
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
58.38Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering39
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IPO Summary
The Renaissance IPO ETF (ticker: IPO) tracks the FTSE Renaissance IPO Index, which focuses on newly public companies that have recently gone through an initial public offering (IPO). It mainly holds U.S. stocks, with a big tilt toward technology and consumer companies. Well-known names in the fund include Reddit and ARM Holdings. Someone might invest in this ETF to try to benefit from the growth potential of young, fast-growing businesses while still being diversified across many IPOs. A key risk is that newer stocks can be very volatile, so the ETF’s price can swing up and down sharply.
How much will it cost me?The Renaissance IPO ETF has an expense ratio of 0.6%, which means you’ll pay $6 per year for every $1,000 invested. This is higher than the average for ETFs because it is actively managed, focusing on newly public companies that require more research and oversight. Active management typically leads to higher costs compared to passively managed funds that track broader indexes.
What would affect this ETF?The Renaissance IPO ETF could benefit from strong performance in the technology sector, which makes up nearly half of its holdings, as well as increased investor interest in innovative companies going public. However, it may face challenges if economic conditions worsen, leading to fewer IPOs or reduced investor appetite for high-growth but riskier stocks. Regulatory changes or market volatility could also negatively impact newly public companies in its portfolio.
IPO Top 10 Holdings
This IPO-focused ETF is being steered mostly by a handful of fresh U.S. names, with a clear tilt toward tech and growth stories. CoreWeave and Astera Labs are helping drive returns as investors chase AI and data-center themes, while CAVA adds some sizzle from the consumer side. Kenvue offers a steadier, defensive counterweight amid all the excitement. On the flip side, ARM has been losing steam and Rubrik is dragging the fund, reminding investors that not every newly public tech darling takes off in a straight line.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Kenvue, Inc. | 11.54% | $14.19M | $34.74B | -10.16% | 73 Outperform | |
| CoreWeave | 9.82% | $12.07M | $44.82B | ― | 51 Neutral | |
| Astera Labs, Inc. | 7.72% | $9.50M | $28.69B | 67.69% | 68 Neutral | |
| Reddit Inc Class A | 7.44% | $9.15M | $26.50B | -37.92% | 75 Outperform | |
| Nextpower Inc | 7.20% | $8.85M | $18.02B | 163.16% | 78 Outperform | |
| ARM Holdings PLC ADR | 6.06% | $7.45M | $131.37B | -23.88% | 69 Neutral | |
| Viking Holdings | 5.23% | $6.44M | $34.15B | 45.90% | 66 Neutral | |
| American Healthcare REIT, Inc. | 3.78% | $4.64M | $9.15B | 66.45% | 64 Neutral | |
| Kaspi.kz JSC Sponsored ADR RegS | 3.26% | $4.01M | $13.43B | -23.96% | 72 Outperform | |
| CAVA Group, Inc. | 3.21% | $3.94M | $8.11B | -49.45% | 70 Neutral |
IPO Technical Analysis
Negative
―
Price Trends
46.54
Negative
47.59
Negative
46.36
Negative
Market Momentum
-0.99
Positive
41.57
Neutral
16.67
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IPO, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 46.32, equal to the 50-day MA of 46.54, and equal to the 200-day MA of 46.36, indicating a bearish trend. The MACD of -0.99 indicates Positive momentum. The RSI at 41.57 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IPO.
IPO Peer Comparison
Comparison Results
Performance Comparison
IPO
Renaissance IPO ETF
44.24
-1.55
-3.39%
SYLD
Cambria Shareholder Yield ETF
―
―
―
PLDR
Putnam Sustainable Leaders ETF
―
―
―
AUSF
Global X Adaptive U.S. Factor ETF
―
―
―
ABFL
Fcf Us Quality Etf
―
―
―
PFM
Invesco Dividend Achievers ETF
―
―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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