IPO vs. SDVY ETF Comparison

Comparison of Renaissance IPO ETF (IPO) to First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)

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 ^*

* may have additional holdings in another (foreign) market

SDVY

First Trust SMID Cap Rising Dividend Achievers ETF

SDVY Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Nasdaq US Small Mid Cap Rising Dividend AchieversTM Index (the index). The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is designed to provide access to a diversified portfolio of 100 small and mid cap companies with a history of raising their dividends and exhibit the characteristics to continue to do so in the future.

Grade (RS Rating)

Last Trade

$32.77

Average Daily Volume

1,128,884

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IPO	SDVY
30 Days	-5.57%	-0.96%
60 Days	-2.59%	0.18%
90 Days	8.16%	4.61%
12 Months	32.69%	26.41%

2 Overlapping Holdings

	Symbol	Grade	Weight in IPO	Weight in SDVY	Overlap
	CRBG	B	2.19%	1.06%	1.06%
	EDR	B	1.47%	1.04%	1.04%

IPO Overweight 42 Positions Relative to SDVY

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%
ONON	C	2.39%
DUOL	C	2.26%
BZ	C	2.26%
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%
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 97 Positions Relative to SDVY

Symbol	Grade	Weight
CHX	C	-1.16%
DELL	C	-1.14%
BCC	B	-1.12%
SM	A	-1.11%
MGY	A	-1.11%
TEX	B	-1.08%
WHD	C	-1.08%
AESI	C	-1.07%
TPL	C	-1.06%
WLK	A	-1.06%
AGCO	C	-1.06%
CHK	B	-1.06%
CMC	B	-1.05%
EME	B	-1.05%
NSP	D	-1.05%
JXN	B	-1.05%
PHIN	B	-1.05%
STLD	A	-1.04%
EQH	B	-1.04%
WTTR	B	-1.04%
CRC	C	-1.04%
SLVM	C	-1.03%
HBAN	A	-1.03%
AMR	D	-1.03%
ZION	C	-1.02%
RF	A	-1.02%
WSM	B	-1.02%
MATX	D	-1.02%
RS	B	-1.02%
CALM	C	-1.02%
AMKR	D	-1.02%
OC	B	-1.02%
CMA	B	-1.02%
WGO	B	-1.01%
ITT	B	-1.01%
BPOP	B	-1.01%
DINO	C	-1.01%
FBP	B	-1.01%
RGA	B	-1.01%
CFG	A	-1.0%
SNA	B	-1.0%
OZK	D	-1.0%
WMS	B	-1.0%
WTFC	B	-1.0%
MCRI	B	-1.0%
SLM	B	-1.0%
PRDO	D	-0.99%
GRMN	A	-0.99%
NTAP	C	-0.99%
SXC	B	-0.99%
IBP	B	-0.99%
ALLY	B	-0.99%
CINF	A	-0.99%
SYF	B	-0.98%
UFPI	C	-0.98%
MTH	B	-0.98%
OMC	B	-0.98%
IBOC	B	-0.98%
CADE	C	-0.98%
VOYA	B	-0.98%
BKE	D	-0.97%
EWBC	B	-0.97%
VSH	D	-0.97%
UNM	B	-0.97%
GGG	B	-0.97%
SNV	B	-0.97%
AOS	B	-0.97%
ETD	A	-0.97%
FIX	B	-0.97%
IEX	B	-0.97%
TOL	B	-0.97%
PHM	A	-0.97%
MLI	B	-0.97%
FITB	B	-0.97%
EXPD	D	-0.97%
J	A	-0.96%
CF	C	-0.96%
LECO	B	-0.96%
LSTR	D	-0.96%
DKS	A	-0.96%
AFG	B	-0.96%
LEA	C	-0.96%
ESNT	B	-0.96%
BEN	C	-0.96%
G	F	-0.95%
CCS	B	-0.94%
EBC	D	-0.94%
RDN	B	-0.94%
KBH	B	-0.93%
MTG	A	-0.93%
EG	C	-0.93%
IPG	C	-0.93%
RHI	D	-0.91%
KTB	D	-0.9%
RL	B	-0.9%
SSTK	F	-0.84%
CRI	B	-0.84%