IPO vs. IGV ETF Comparison
Comparison of Renaissance IPO ETF (IPO) to iShares Expanded Tech-Software Sector ETF (IGV)
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
$41.52
Average Daily Volume
67,139
44
IGV
iShares Expanded Tech-Software Sector ETF
IGV Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.Grade (RS Rating)
Last Trade
$85.27
Average Daily Volume
2,837,551
114
Performance
Period | IPO | IGV |
---|---|---|
30 Days | 5.95% | -0.32% |
60 Days | 19.83% | 0.54% |
90 Days | 10.10% | 5.11% |
12 Months | 48.07% | 44.37% |
12 Overlapping Holdings
Symbol | Grade | Weight in IPO | Weight in IGV | Overlap | |
---|---|---|---|---|---|
APP | B | 4.93% | 0.39% | 0.39% | |
BRZE | D | 0.91% | 0.11% | 0.11% | |
CFLT | C | 1.99% | 0.29% | 0.29% | |
DV | D | 1.59% | 0.19% | 0.19% | |
FRSH | F | 0.99% | 0.13% | 0.13% | |
GTLB | D | 1.81% | 0.22% | 0.22% | |
HCP | C | 0.89% | 0.13% | 0.13% | |
PATH | D | 2.97% | 0.4% | 0.4% | |
PCOR | A | 2.2% | 0.3% | 0.3% | |
PWSC | D | 0.4% | 0.05% | 0.05% | |
S | D | 1.82% | 0.24% | 0.24% | |
YOU | C | 0.59% | 0.07% | 0.07% |
IPO Overweight 32 Positions Relative to IGV
Symbol | Grade | Weight | |
---|---|---|---|
COIN | C | 10.43% | |
KVUE | D | 9.87% | |
NU | B | 9.63% | |
ARM | C | 4.81% | |
HOOD | C | 4.08% | |
CNM | A | 3.36% | |
ONON | C | 2.47% | |
RIVN | F | 2.44% | |
DUOL | C | 2.25% | |
CRBG | B | 2.17% | |
BZ | C | 2.03% | |
MNDY | B | 1.88% | |
RYAN | B | 1.82% | |
YMM | C | 1.67% | |
GFS | F | 1.38% | |
EDR | B | 1.37% | |
GLBE | D | 1.13% | |
TPG | B | 1.1% | |
DOCS | D | 1.03% | |
MQ | D | 0.93% | |
DOCN | C | 0.8% | |
SQSP | B | 0.69% | |
NUVL | D | 0.68% | |
BROS | C | 0.54% | |
INFA | A | 0.53% | |
DLO | F | 0.47% | |
AGL | F | 0.47% | |
PYCR | F | 0.42% | |
FLNC | F | 0.31% | |
ACT | B | 0.3% | |
BLCO | D | 0.2% | |
INST | F | 0.14% |
IPO Underweight 102 Positions Relative to IGV
Symbol | Grade | Weight | |
---|---|---|---|
MSFT | A | -8.9% | |
CRM | B | -8.65% | |
ORCL | B | -8.31% | |
ADBE | F | -7.8% | |
INTU | C | -7.36% | |
NOW | B | -4.78% | |
SNPS | C | -3.82% | |
PANW | D | -3.77% | |
CDNS | B | -3.65% | |
CRWD | C | -3.12% | |
ROP | B | -2.47% | |
WDAY | D | -2.4% | |
ADSK | C | -2.36% | |
PLTR | C | -1.96% | |
FTNT | C | -1.82% | |
DDOG | D | -1.54% | |
EA | D | -1.34% | |
FICO | C | -1.32% | |
HUBS | C | -1.3% | |
TEAM | F | -1.29% | |
ANSS | B | -1.26% | |
TTWO | D | -1.0% | |
MSTR | C | -0.99% | |
PTC | B | -0.94% | |
TYL | D | -0.74% | |
ZS | D | -0.73% | |
ZM | D | -0.71% | |
MANH | C | -0.65% | |
NTNX | B | -0.63% | |
GEN | C | -0.52% | |
BSY | C | -0.5% | |
DOCU | C | -0.5% | |
SNAP | F | -0.48% | |
DT | F | -0.46% | |
OTEX | D | -0.45% | |
GWRE | D | -0.39% | |
ESTC | D | -0.34% | |
DSGX | B | -0.33% | |
U | F | -0.28% | |
SPSC | D | -0.28% | |
BILL | F | -0.27% | |
IOT | C | -0.27% | |
QLYS | D | -0.26% | |
DBX | F | -0.26% | |
TENB | C | -0.24% | |
AZPN | C | -0.23% | |
VRNS | D | -0.22% | |
SMAR | F | -0.22% | |
DLB | C | -0.21% | |
ALTR | D | -0.2% | |
APPF | B | -0.2% | |
MARA | D | -0.2% | |
FIVN | F | -0.19% | |
CVLT | A | -0.18% | |
WK | F | -0.17% | |
BOX | C | -0.17% | |
TDC | F | -0.16% | |
ACIW | B | -0.15% | |
ALRM | C | -0.15% | |
CCCS | C | -0.14% | |
BLKB | F | -0.13% | |
RNG | C | -0.13% | |
QTWO | B | -0.13% | |
RPD | F | -0.13% | |
BL | C | -0.13% | |
PEGA | C | -0.12% | |
SPT | D | -0.12% | |
ENV | C | -0.11% | |
IDCC | D | -0.11% | |
AI | D | -0.11% | |
RAMP | D | -0.1% | |
PRGS | F | -0.1% | |
RIOT | F | -0.1% | |
PD | F | -0.09% | |
CWAN | D | -0.09% | |
VYX | F | -0.08% | |
NCNO | D | -0.08% | |
LSPD | F | -0.08% | |
AUR | F | -0.08% | |
VRNT | C | -0.08% | |
CXM | D | -0.07% | |
APPN | D | -0.07% | |
AGYS | D | -0.07% | |
ZETA | B | -0.07% | |
VERX | C | -0.06% | |
EVBG | B | -0.06% | |
BB | F | -0.06% | |
PRO | C | -0.06% | |
INTA | F | -0.05% | |
ADEA | D | -0.05% | |
ZUO | D | -0.05% | |
ASAN | F | -0.05% | |
NABL | F | -0.04% | |
JAMF | F | -0.04% | |
MODN | D | -0.04% | |
ATEN | C | -0.04% | |
ALKT | D | -0.04% | |
SWI | C | -0.03% | |
AVPT | C | -0.03% | |
ETWO | C | -0.03% | |
MLNK | F | -0.02% | |
MTTR | F | -0.02% |
IPO: Top Represented Industries & Keywords
IGV: Top Represented Industries & Keywords