INDY vs. IPO ETF Comparison
Comparison of iShares S&P India Nifty 50 Index Fund (INDY) to Renaissance IPO ETF (IPO)
INDY
iShares S&P India Nifty 50 Index Fund
INDY Description
The investment seeks to track the investment results of an index composed of 50 of the largest Indian equities. The Subsidiary and the fund will collectively invest at least 80% of the fund's total assets in securities that comprise the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the CNX Nifty IndexTM (the "underlying index"), which measures the equity performance of the top 50 companies by free float market capitalization whose equity securities trade in the Indian securities markets. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$52.62
Average Daily Volume
71,705
3
IPO
Renaissance IPO ETF
IPO Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance IPO Index. The remaining 20% may be used to purchase securities not in the index that are an appropriate substitute for certain securities in the index in order to track the index. The index is comprised of common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$46.12
Average Daily Volume
29,831
17
Performance
Period | INDY | IPO |
---|---|---|
30 Days | -2.12% | 5.01% |
60 Days | -7.57% | 7.00% |
90 Days | -4.07% | 9.52% |
12 Months | 15.53% | 39.22% |
0 Overlapping Holdings
Symbol | Grade | Weight in INDY | Weight in IPO | Overlap |
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INDY: Top Represented Industries & Keywords
IPO: Top Represented Industries & Keywords