IPO vs. ARKK ETF Comparison

Comparison of Renaissance IPO ETF (IPO) to ARK Innovation ETF (ARKK)
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

$66.23

Average Daily Volume

419,309

Number of Holdings *

43

* may have additional holdings in another (foreign) market
ARKK

ARK Innovation ETF

ARKK Description The investment seeks long-term growth of capital. The fund is an actively-managed exchange-traded fund ("ETF") that will invest under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the fund's investment theme of disruptive innovation. Its investments in foreign equity securities will be in both developed and emerging markets. The fund currently intends to use only American Depositary Receipts ("ADRs") when purchasing foreign securities. It is non-diversified.

Grade (RS Rating)

Last Trade

$127.56

Average Daily Volume

13,507,375

Number of Holdings *

49

* may have additional holdings in another (foreign) market
Performance
IPO ARKK
30 Days 0.98% 0.69%
60 Days -13.00% -18.53%
90 Days -4.96% -9.99%
12 Months 142.07% 166.58%
5 Overlapping Holdings
Grade Symbol Weight in IPO Weight in ARKK Overlap
F BEKE 1.73% 1.41% 1.41%
B PINS 7.92% 0.87% 0.87%
B TXG 2.48% 1.08% 1.08%
F U 0.67% 1.2% 0.67%
F ZM 9.01% 2.09% 2.09%
IPO Overweight 38 Positions Relative to ARKK
Grade Symbol Weight
B UBER 9.51%
C CRWD 7.84%
C PTON 7.3%
C WORK 3.99%
C DDOG 3.62%
C LYFT 3.44%
A AVTR 3.41%
F PLTR 3.2%
C BILL 2.9%
C DT 2.29%
F BYND 2.0%
C NET 1.95%
D CHWY 1.75%
F SNOW 1.73%
F XP 1.54%
A TW 1.54%
F FSLY 1.43%
B PPD 1.4%
F RPRX 1.23%
F GSX 1.13%
F ADPT 1.05%
D ZI 0.92%
F XPEV 0.89%
F LU 0.67%
F LI 0.62%
F RKT 0.58%
D KC 0.51%
F DNB 0.45%
F GDRX 0.4%
C REYN 0.34%
F CVAC 0.31%
B OSH 0.3%
C NCNO 0.26%
D VRM 0.26%
B LEVI 0.25%
F OCFT 0.23%
B ACI 0.2%
F DADA 0.19%
IPO Underweight 44 Positions Relative to ARKK
Grade Symbol Weight
C TSLA -9.56%
C ROKU -6.71%
F TDOC -5.24%
B SQ -4.63%
D CRSP -4.42%
F NVTA -3.8%
F PRLB -2.89%
D BIDU -2.82%
D Z -2.76%
D SPOT -2.75%
D PSTG -2.26%
C SHOP -2.18%
C PYPL -2.11%
C TWLO -2.11%
D TWST -2.1%
D EXAS -2.04%
D DOCU -1.94%
F IOVA -1.94%
D TSM -1.84%
F EDIT -1.79%
C NTLA -1.78%
F TREE -1.75%
F MTLS -1.72%
D PD -1.62%
A ICE -1.47%
F TWOU -1.45%
D SSYS -1.29%
D VCYT -1.21%
C SE -1.2%
D IRDM -1.19%
D PACB -1.03%
C REGN -1.02%
B SNPS -0.97%
F SPLK -0.87%
F MCRB -0.84%
F HUYA -0.78%
F NVS -0.74%
F CERS -0.55%
C PCAR -0.53%
C NSTG -0.51%
F SYRS -0.24%
D FATE -0.22%
D BEAM -0.1%
F ONVO -0.03%
Compare ETFs