IPO vs. MID ETF Comparison

Comparison of Renaissance IPO ETF (IPO) to American Century Mid Cap Growth Impact ETF (MID)
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

$37.63

Average Daily Volume

62,747

Number of Holdings *

44

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

American Century Mid Cap Growth Impact ETF

MID Description The investment seeks long-term capital growth. The fund will invest principally in exchange-traded common stocks. Under normal market conditions, the portfolio managers will invest at least 80% of the fund's assets in securities of medium capitalization companies that the portfolio managers believe will create impact by aligning with at least one of the SDGs. The fund may purchase securities of small and large capitalization companies as well. It may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$55.31

Average Daily Volume

5,244

Number of Holdings *

29

* may have additional holdings in another (foreign) market
Performance
Period IPO MID
30 Days -5.57% -0.76%
60 Days -2.59% 2.26%
90 Days 8.16% 12.27%
12 Months 32.69% 24.60%
2 Overlapping Holdings
Symbol Grade Weight in IPO Weight in MID Overlap
DUOL C 2.26% 3.26% 2.26%
ONON C 2.39% 1.28% 1.28%
IPO Overweight 42 Positions Relative to MID
Symbol Grade Weight
KVUE C 10.1%
COIN C 9.77%
NU C 9.55%
APP C 5.41%
ARM C 4.54%
HOOD B 4.1%
CNM B 3.51%
PATH D 2.88%
RIVN F 2.45%
BZ C 2.26%
CRBG B 2.19%
PCOR B 2.12%
CFLT C 2.0%
S D 1.88%
YMM C 1.86%
GTLB D 1.86%
RYAN B 1.75%
MNDY C 1.74%
DV D 1.65%
EDR B 1.47%
GFS F 1.37%
GLBE F 1.14%
TPG C 1.13%
DOCS D 1.03%
FRSH F 1.02%
MQ D 0.96%
HCP C 0.9%
BRZE F 0.79%
DOCN C 0.77%
SQSP B 0.74%
NUVL D 0.62%
INFA C 0.58%
YOU C 0.57%
BROS C 0.55%
AGL F 0.55%
DLO F 0.53%
PWSC F 0.42%
PYCR F 0.41%
FLNC F 0.34%
ACT A 0.31%
BLCO C 0.19%
INST F 0.14%
IPO Underweight 27 Positions Relative to MID
Symbol Grade Weight
VRT C -6.07%
MANH C -6.0%
MPWR D -5.95%
CDNS C -5.68%
DXCM B -4.87%
MSCI D -4.62%
ESI B -4.24%
IQV B -4.14%
TT B -3.75%
AVNT B -3.67%
RSG B -3.58%
KEYS D -3.22%
TECH F -3.17%
CHD B -2.99%
ABNB C -2.94%
CMG C -2.9%
APTV F -2.89%
BFAM C -2.71%
ENPH D -2.48%
NTRA C -2.34%
IR B -2.29%
VKTX C -2.28%
J A -2.14%
EE D -2.13%
GEHC B -2.05%
LNTH D -1.3%
CYTK D -0.77%
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