IPO vs. ARKG ETF Comparison

Comparison of Renaissance IPO ETF (IPO) to ARK Genomic Revolution Multi-Sector ETF (ARKG)

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

$38.27

Average Daily Volume

56,219

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ARKG

ARK Genomic Revolution Multi-Sector ETF

ARKG Description

Companies within ARKG are focused on and are expected to substantially benefit from extending and enhancing the quality of human and other life by incorporating technological and scientific developments and advancements in genomics into their business. The companies held in ARKG may develop, produce or enable: CRISPR Targeted Therapeutics Bioinformatics Molecular Diagnostics Stem Cells Agricultural Biology ARKG will be concentrated in issuers in any industry or group of industries in the health care sector, including issuers having their principal business activities in the biotechnology industry. ARKG is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies across multiple sectors, including health care, information technology, materials, energy and consumer discretionary, that are relevant to the Fund’s investment theme of the genomics revolution.

Grade (RS Rating)

Last Trade

$23.18

Average Daily Volume

2,357,028

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IPO	ARKG
30 Days	-7.46%	-18.84%
60 Days	-0.67%	-26.23%
90 Days	10.45%	-20.34%
12 Months	38.71%	-19.65%

1 Overlapping Holdings

	Symbol	Grade	Weight in IPO	Weight in ARKG	Overlap
	PATH	D	2.77%	1.11%	1.11%

IPO Overweight 44 Positions Relative to ARKG

Symbol	Grade	Weight
KVUE	F	10.37%
NU	C	9.61%
COIN	B	8.98%
APP	A	5.42%
ARM	F	4.21%
HOOD	B	4.11%
CNM	A	3.62%
ONON	C	2.68%
CRBG	B	2.27%
RIVN	F	2.25%
BZ	A	2.25%
DUOL	B	2.18%
PCOR	D	2.17%
CFLT	C	2.02%
YMM	A	1.93%
S	C	1.89%
RYAN	D	1.85%
GTLB	C	1.85%
MNDY	C	1.74%
DV	D	1.61%
EDR	A	1.58%
GFS	D	1.41%
TPG	C	1.17%
GLBE	D	1.17%
DOCS	F	1.08%
FRSH	D	1.08%
MQ	F	0.96%
HCP	A	0.87%
BRZE	D	0.8%
DOCN	C	0.77%
SQSP	A	0.75%
NUVL	C	0.64%
YOU	F	0.59%
INFA	D	0.57%
BROS	F	0.55%
AGL	F	0.55%
DLO	F	0.54%
PYCR	D	0.42%
BIRK	D	0.41%
PWSC	F	0.38%
FLNC	B	0.35%
ACT	A	0.33%
BLCO	D	0.19%
INST	F	0.14%

IPO Underweight 36 Positions Relative to ARKG

Symbol	Grade	Weight
CRSP	F	-7.29%
TWST	C	-6.12%
EXAS	F	-5.57%
RXRX	F	-5.18%
SDGR	F	-4.75%
IONS	D	-4.31%
BEAM	F	-3.94%
NTLA	F	-3.9%
ACCD	F	-3.68%
ARCT	F	-3.67%
CDNA	F	-3.66%
TXG	F	-3.64%
DNA	F	-3.48%
TDOC	F	-3.36%
MRNA	B	-3.04%
VEEV	D	-2.81%
VCYT	F	-2.8%
NRIX	B	-2.79%
VRTX	C	-2.67%
ADPT	F	-1.94%
MASS	F	-1.7%
INCY	F	-1.63%
VERV	F	-1.53%
QSI	F	-1.47%
CMPS	F	-1.39%
ABSI	D	-1.31%
PACB	F	-1.27%
REGN	D	-1.24%
PRME	F	-1.13%
AMGN	D	-1.03%
CERS	D	-1.02%
BFLY	F	-0.7%
RPTX	F	-0.65%
PSNL	F	-0.59%
NTRA	A	-0.56%
GH	F	-0.45%

ARKG: Top Represented Industries & Keywords

Industries: Biotechnology Diagnostics & Research Health Information Services Health Information Services Medical Devices Drug Manufacturers - Major Medical Care Facilities Software - Infrastructure