IPO vs. FMQQ ETF Comparison

Comparison of Renaissance IPO ETF (IPO) to FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ)

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

$44.31

Average Daily Volume

23,663

Number of Holdings ^*

17

* may have additional holdings in another (foreign) market

FMQQ

FMQQ The Next Frontier Internet & Ecommerce ETF

FMQQ Description

FMQQ The Next Frontier Internet & Ecommerce ETF is an exchange traded fund launched and managed by Exchange Traded Concepts, LLC. The fund invests in the public equity markets of emerging countries across the globe. It invests in the stocks of companies operating in the internet and ecommerce companies. The fund invests in growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the FMQQ The Next Frontier Internet & Ecommerce Index, by using full replication technique. FMQQ The Next Frontier Internet & Ecommerce ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$13.12

Average Daily Volume

7,007

Number of Holdings ^*

11

* may have additional holdings in another (foreign) market

Performance

Period	IPO	FMQQ
30 Days	1.07%	-2.64%
60 Days	4.26%	-3.03%
90 Days	9.86%	-0.72%
12 Months	36.10%	23.82%

1 Overlapping Holdings

	Symbol	Grade	Weight in IPO	Weight in FMQQ	Overlap
	NU	C	9.95%	8.07%	8.07%

IPO Overweight 16 Positions Relative to FMQQ

	Symbol	Grade	Weight
	KVUE	A	9.28%
	ARM	F	8.6%
	RIVN	F	6.46%
	CRBG	B	5.74%
	GTLB	B	4.71%
	TPG	B	3.62%
	HCP	B	3.13%
	GFS	C	2.72%
	RDDT	B	2.19%
	RBRK	B	1.62%
	BRZE	C	1.56%
	INFA	F	1.34%
	BIRK	F	1.15%
	FLNC	D	0.8%
	BLCO	B	0.52%
	ZK	C	0.4%

IPO Underweight 10 Positions Relative to FMQQ

	Symbol	Grade	Weight
	SE	B	-8.96%
	MELI	D	-7.35%
	GRAB	A	-5.23%
	MMYT	C	-4.0%
	XP	F	-3.56%
	CPNG	C	-2.58%
	FRSH	B	-1.67%
	STNE	F	-1.59%
	PAGS	F	-0.99%
	DESP	A	-0.51%

IPO: Top Represented Industries & Keywords

Industries: Software - Infrastructure Asset Management Auto Manufacturers Semiconductors Software - Application Banks - Diversified Footwear & Accessories Household & Personal Products Internet Content & Information Medical Instruments & Supplies Utilities - Renewable

Keywords: Computing Nasdaq 100 Advisory Services Bank Banking Data Management Electric Vehicle Fabless Semiconductor Companies Semiconductor Allergy Alternative Payments Annuities Artificial Intelligence Backup Software Baseband Processor Brokerage Products Business Process Management Care Products Cars Cataract Surgery

FMQQ: Top Represented Industries & Keywords

Industries: Software - Application Leisure Banks - Diversified Capital Markets Electronic Gaming & Multimedia Internet Retail Software - Infrastructure Specialty Retail

Keywords: E Commerce E-Commerce Fintech Payment Systems Bank Investment Product Travel Agency Travel Insurance Travel Product Travel Products Airline Airline Tickets Alternative Payments Banking Beauty Products CRM Car Rental Carsharing Credit Card Customer Relationship Management