IPO - ETF AI Analysis
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Renaissance IPO ETF (IPO)
Rating:54Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Results
The ETF has delivered strong gains so far this year, showing solid recent performance for investors.
Leading Holdings with Strong Momentum
Several of the largest positions, including key technology and health-related names, have shown strong price gains, helping drive the fund’s returns.
Broad Sector Mix
Exposure across technology, consumer, health care, industrials, and other areas helps spread risk across different parts of the economy.
Negative Factors
High Concentration in Top Names
A small group of companies makes up a large share of the portfolio, which increases the impact if any of these holdings perform poorly.
Notable Lagging Holdings
Some major positions, including well-known recent IPOs, have shown weak or negative performance, which can drag on overall returns.
Higher Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, meaning more of the investment’s return is used to cover fees.
IPO vs. SPDR S&P 500 ETF (SPY)
AUM144.42M
RegionNorth America
Expense Ratio0.60%
Beta1.45
IssuerRenaissance
Inception DateOct 14, 2013
Dividend Yield0.48%
Asset ClassEquity
Index TrackedFTSE Renaissance IPO Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume20,052
30 Day Avg. Volume40,520
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
65.97Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering52
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IPO Summary
The Renaissance IPO ETF (ticker: IPO) tracks the FTSE Renaissance IPO Index, focusing on companies that have recently gone public. It holds a mix of sectors, with a big tilt toward technology and growth-focused businesses. Some recognizable names include Reddit and ARM Holdings, along with other newer tech and healthcare companies. Investors might consider this ETF if they want to bet on the growth potential of fresh, innovative companies and diversify across many recent IPOs in one fund. A key risk is that newer stocks can be very volatile, so the ETF’s value can rise and fall sharply with market sentiment.
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
The Renaissance IPO ETF is riding a wave of fresh U.S. listings, with chip designer ARM and AI-focused Astera Labs acting as key engines of growth despite some recent choppiness. CoreWeave, another AI infrastructure play, has been lagging, tempering the fund’s momentum in the tech-heavy corner of its portfolio. Social platform Reddit has shown mixed performance, while Viking Holdings adds a steadier, consumer-focused counterweight. Overall, the ETF leans into newly public tech and growth stories, making it a concentrated bet on the next generation of U.S. innovators.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Reddit Inc Class A | 7.71% | $11.49M | $34.35B | 19.19% | 75 Outperform | |
| Astera Labs, Inc. | 7.64% | $11.39M | $44.61B | 93.79% | 68 Neutral | |
| CoreWeave | 7.22% | $10.76M | $36.72B | -40.89% | 51 Neutral | |
| ARM Holdings PLC ADR | 6.93% | $10.33M | $260.40B | 37.69% | 69 Neutral | |
| Viking Holdings | 6.00% | $8.94M | $46.64B | 73.91% | 66 Neutral | |
| Medline | 5.89% | $8.77M | $53.22B | ― | ― | |
| BrightSpring Health Services, Inc. | 3.74% | $5.57M | $14.22B | 260.50% | 67 Neutral | |
| Circle Internet Group, Inc. Class A | 3.73% | $5.55M | $15.99B | -67.79% | 64 Neutral | |
| Rubrik, Inc. Class A | 3.59% | $5.35M | $14.71B | -24.64% | 50 Neutral | |
| American Healthcare REIT, Inc. | 3.57% | $5.32M | $12.04B | 51.33% | 64 Neutral |
IPO Technical Analysis
Negative
―
Price Trends
55.19
Negative
50.59
Negative
48.41
Positive
Market Momentum
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 54.70, equal to the 50-day MA of 55.19, and equal to the 200-day MA of 48.41, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, 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
52.25
6.43
14.03%
SYLD
Cambria Shareholder Yield ETF
―
―
―
FDMO
Fidelity Momentum Factor ETF
―
―
―
HLAL
Wahed FTSE USA Shariah ETF
―
―
―
AUSF
Global X Adaptive U.S. Factor ETF
―
―
―
VFMF
Vanguard U.S. Multifactor ETF
―
―
―
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.
DisclaimerThis 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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