IPO vs. NXTE ETF Comparison

Comparison of Renaissance IPO ETF (IPO) to AXS Green Alpha ETF (NXTE)
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

$45.56

Average Daily Volume

29,456

Number of Holdings *

17

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

AXS Green Alpha ETF

NXTE Description AXS Green Alpha ETF is an actively managed portfolio seeking long-term capital appreciation. It's for the discerning, socially responsible investor looking for sustainability and the potential for above-average alpha. The ETF invests in Next Economy™ companies selected by Green Alpha Investments for their attractive growth prospects and a demonstrated commitment to promoting a sustainable environment and economy.

Grade (RS Rating)

Last Trade

$32.46

Average Daily Volume

4,229

Number of Holdings *

53

* may have additional holdings in another (foreign) market
Performance
Period IPO NXTE
30 Days 2.13% -1.52%
60 Days 6.15% -1.29%
90 Days 8.19% -0.65%
12 Months 37.53% 10.78%
2 Overlapping Holdings
Symbol Grade Weight in IPO Weight in NXTE Overlap
RIVN F 6.46% 0.69% 0.69%
ZK D 0.4% 0.91% 0.4%
IPO Overweight 15 Positions Relative to NXTE
Symbol Grade Weight
NU C 9.95%
KVUE A 9.28%
ARM F 8.6%
CRBG B 5.74%
GTLB B 4.71%
TPG A 3.62%
HCP B 3.13%
GFS C 2.72%
RDDT A 2.19%
RBRK A 1.62%
BRZE C 1.56%
INFA D 1.34%
BIRK D 1.15%
FLNC D 0.8%
BLCO B 0.52%
IPO Underweight 51 Positions Relative to NXTE
Symbol Grade Weight
TSM B -7.63%
IBM C -5.13%
AMAT F -4.82%
SFM A -4.33%
CRSP D -3.77%
QCOM F -3.67%
LRCX F -3.62%
ASML F -3.6%
DLR B -3.21%
NGVC A -3.12%
SLG B -2.99%
ABBV F -2.3%
EQIX A -2.29%
HASI D -2.12%
VNO C -1.97%
ARE F -1.94%
JKS F -1.83%
SKM C -1.47%
TILE B -1.46%
TREX C -1.45%
HRZN F -1.4%
HPP F -1.39%
FSLR F -1.39%
BXP C -1.38%
CRBU D -1.34%
RPD B -1.26%
ADI D -1.17%
MRNA F -1.16%
KRC B -1.09%
XPEV C -0.91%
SCS C -0.9%
BNTX C -0.82%
ARCT F -0.8%
AEIS C -0.72%
FREY B -0.65%
QS F -0.59%
CRWD B -0.59%
PACB F -0.59%
HNST A -0.57%
VITL D -0.57%
EDIT F -0.49%
ENPH F -0.46%
DQ F -0.42%
CSIQ F -0.39%
VERV F -0.38%
RXRX F -0.36%
CMC B -0.3%
PRME F -0.22%
TPIC F -0.18%
WOLF F -0.09%
RUN F -0.07%
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