Renaissance IPO ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Mar 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About IPO
TheFund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Index. The Index, designedby IPO research firm Renaissance Capital LLC (the Index Provider), is a portfolio of companies that have recently completedan initial public offering (IPO) and are listed on a U.S. exchange. IPOs are a category of unseasoned equities under-representedin core equity indices. The Index is designed to capture approximately 80% of the total market capitalization of newly public companies,which are those companies that have gone public within the last three years and meet the Index Providers size, liquidity and freefloat criteria. At each quarterly rebalance, new IPOs that meet the Index Providers eligibility criteria are included and constituentcompanies that have been public for three years or that no longer meet the Index Providers continued eligibility criteria areremoved. Constituents are weighted by free float-adjusted market capitalization with individual weights capped at 10%. The Index hasbeen constructed using a transparent and rules-based methodology. TheFund normally invests at least 80% of its total assets in securities that comprise the Index. Depositary receipts representing securitiesthat comprise the Index may count towards compliance with the Funds 80% policy. The Fund may also invest up to 20% of its assetsin certain futures, options, and swap contracts, cash and cash equivalents, as well as in common stocks not included in the Index butwhich will help the Fund track the Index. Convertible securities and depositary receipts not included in the Index may be used by theFund in seeking performance that corresponds to its Index and in managing cash flows. TheIndex is comprised of common stocks, depositary receipts, real estate investment trusts (REITs) and partnership units.These securities may include IPOs of foreign companies that are listed on a U.S. exchange, as well as IPOs of companies which are locatedin countries categorized as emerging markets. TheFunds 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it canbe changed. TheFund, using a passive or indexing investment approach, attempts to approximate the investment performance of the Indexby investing in a portfolio of securities that generally replicates the Index. Renaissance Capital LLC (the Adviser) expectsthat, over time, the correlation between the Funds performance before fees and expenses and that of the Index will be 95% or better.A figure of 100% would indicate perfect correlation. TheFund may concentrate its investments in a particular industry or group of industries to the extent that the Index concentrates in anindustry or group of industries. Information technology frequently represents a major sector in the Index. As of September 30, 2025,the Fund had significant exposure (i.e., 25% or more of its total assets) to the information technology sector. TheFund may lend securities to broker-dealers, banks and other institutions. When the Fund loans its portfolio securities, it will receive,at the inception of each loan, liquid collateral equal to at least 102% (for U.S.-listed securities) or 105% (for non-U.S.-listed securities)of the value of the portfolio securities being loaned.
IPO News
- Anthropic has soared to a $1.5 trillion valuation on secondary markets. Almost no one wants to sell.
- Technocraft Ventures share price makes a bumper debut, stock opens with a 34% premium at ₹284 apiece on NSE
- Cadillac Mines annonce le dpt des rsultats financiers du deuxime trimestre avec plus de 300 M$ de fonds de roulement, incluant des produits tirs de son premier appel public l’pargne
- Cadillac Mines Announces Filing of Second Quarter Financial Results With Over $300M of Working Capital Including Proceeds From Successful Initial Public Offering
- Sam Altman Is Pushing for a $1 Trillion IPO Valuation for OpenAI, Even as SoftBank Faces a $40 Billion Loan Deadline in 2027. Here's What That Tension Means for Microsoft and Nvidia Shareholders.
- Anthropic Has Filed For An IPO But Has Not Yet Discussed a Valuation: Report
- Anthropic Targets $2 Trillion IPO Record; Export Control That Froze June Revenue Remains Active
- FPIs lead the exit as anchor investors after IPO lock-ins end: Sebi study
- Robinhood Ventures Fund II Raises $200 Million in IPO: NYSE Content Update
- Anthropic in Talks to Acquire Decart for $6B, Targeting 77% Gross Margins Before IPO
- Ashish Kacholia-owned Credent Connect N Care IPO opens today. GMP, subscription status, other details in 10 points
- Inside India newsletter: Why global funds are flocking to GIFT City in Modi’s home state
Data for IPO is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.