IPO - ETF AI Analysis
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Renaissance IPO ETF (IPO)
IPO vs. SPDR S&P 500 ETF (SPY)
- AUM
- 134.95M
- Region
- North America
- Expense Ratio
- 0.60%
- Beta
- 1.47
- Issuer
- Renaissance
- Inception Date
- Oct 14, 2013
- Dividend Yield
- 0.48%
- Asset Class
- Equity
- Index Tracked
- FTSE Renaissance IPO Index
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
This IPO-focused ETF is being steered mostly by a new wave of tech and digital infrastructure names. ARM and Astera Labs are rising over the year, helping performance as investors lean into AI and semiconductor themes, even if their recent momentum has cooled. CoreWeave and Rubrik add more punch from the cloud and data side, with both showing strong, if sometimes choppy, gains. On the flip side, Reddit and Medline are lagging, acting like a brake on returns. The fund is largely U.S.-centric, with Kaspi.kz adding a small international twist.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 ALAB | Astera Labs, Inc. | 10.44% | $14.09M | $49.72B | 82.20% | 68Neutral |
 CRWV | CoreWeave | 5.34% | $7.20M | $34.27B | -51.10% | 51Neutral |
 ARM | ARM Holdings PLC ADR | ― | ― | ― | ― | 69Neutral |
 RDDT | Reddit Inc Class A | 5.96% | $8.05M | $29.95B | -23.13% | 75Outperform |
 RBRK | Rubrik, Inc. Class A | 4.92% | $6.64M | $23.51B | 45.40% | 50Neutral |
 CRCL | Circle Internet Group, Inc. Class A | 4.07% | $5.49M | $20.76B | -34.36% | 64Neutral |
 VIK | Viking Holdings | 4.16% | $5.62M | $37.50B | 43.46% | 66Neutral |
 MDLN | Medline | 4.42% | $5.96M | $46.26B | -13.51% | ―― |
 KSPI | Kaspi.kz JSC Sponsored ADR RegS | 2.76% | $3.72M | $34.01B | 24.17% | 72Outperform |
 AHR | American Healthcare REIT, Inc. | 2.80% | $3.78M | $11.51B | 25.37% | 64Neutral |
IPO Technical Analysis
Price Trends
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 49.50 is below the 20-day moving average (MA) of 52.40, below the 50-day MA of 53.24, and below the 200-day MA of 50.29, indicating a bearish trend. The MACD of -0.99 indicates Positive momentum. The RSI at 37.76 is Neutral, neither overbought nor oversold. The STOCH value of 13.39 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
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| IPO | $49.50 | $55.00(11.11% Upside) | $134.95M | 0.60% | 54Neutral |
 AAUB | $50.80 | $62.01(22.08% Upside) | $843.37M | 0.10% | 69Neutral |
 HLAL | $73.78 | $91.04(23.40% Upside) | $971.88M | 0.50% | 76Outperform |
 SEUS | $25.99 | $30.93(18.98% Upside) | $938.74M | 0.30% | 73Outperform |
 AUSF | $50.85 | $57.20(12.50% Upside) | $882.34M | 0.27% | 71Outperform |
 FDMO | $92.65 | $113.93(22.97% Upside) | $845.18M | 0.15% | 73Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IPO | Renaissance IPO ETF | 49.50 | 0.85 | 1.75% | |
| AAUB | Alpha Architect US Equity 4 ETF | 50.80 | 1.31 | 2.65% | |
| HLAL | Wahed FTSE USA Shariah ETF | 73.78 | 13.26 | 21.90% | |
| SEUS | SEI QiM U.S. Equity Factor Allocation Active ETF | 25.99 | 0.73 | 2.87% | |
| AUSF | Global X Adaptive U.S. Factor ETF | 50.85 | 6.28 | 14.08% | |
| FDMO | Fidelity Momentum Factor ETF | 92.65 | 10.13 | 12.28% |
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.