IPO vs. SKYY ETF Comparison
Comparison of Renaissance IPO ETF (IPO) to First Trust ISE Cloud Computing Index Fund (SKYY)
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
$45.93
Average Daily Volume
29,358
17
SKYY
First Trust ISE Cloud Computing Index Fund
SKYY Description
The investment seeks investment results that correspond generally to the price and yield, before the fund's fees and expenses, of an equity index called the ISE Cloud Computing(TM) Index. The index is owned and was developed by International Securities Exchange, LLC ("ISE" or the "Index Provider"). The index Provider has contracted with Standard & Poor's to calculate and maintain the index. The index is designed to provide a benchmark for investors interested in tracking companies actively involved in the cloud computing industry. The fund is non-diversified.Grade (RS Rating)
Last Trade
$122.95
Average Daily Volume
130,556
62
Performance
Period | IPO | SKYY |
---|---|---|
30 Days | 4.58% | 17.99% |
60 Days | 6.56% | 20.29% |
90 Days | 9.07% | 25.60% |
12 Months | 38.65% | 53.29% |
IPO Underweight 60 Positions Relative to SKYY
Symbol | Grade | Weight | |
---|---|---|---|
APP | B | -4.9% | |
LUMN | C | -4.38% | |
ORCL | B | -4.24% | |
AMZN | C | -3.79% | |
NTNX | A | -3.6% | |
ANET | C | -3.49% | |
GOOGL | C | -3.44% | |
IBM | C | -3.31% | |
MSFT | F | -3.27% | |
PSTG | D | -3.11% | |
MDB | C | -2.67% | |
TWLO | A | -2.48% | |
CSCO | B | -2.44% | |
TEAM | A | -2.42% | |
NET | B | -2.39% | |
SHOP | B | -2.36% | |
HUBS | A | -2.23% | |
CFLT | B | -2.15% | |
CRM | B | -2.1% | |
NOW | A | -1.95% | |
WK | B | -1.91% | |
DELL | C | -1.86% | |
AKAM | D | -1.85% | |
HPE | B | -1.76% | |
FIVN | C | -1.63% | |
NTAP | C | -1.56% | |
ADBE | C | -1.48% | |
DOCN | D | -1.39% | |
RNG | B | -1.38% | |
WIX | B | -1.18% | |
SAP | B | -1.12% | |
APPN | B | -0.9% | |
TOST | B | -0.87% | |
PAYC | B | -0.74% | |
DOCU | A | -0.72% | |
QTWO | A | -0.7% | |
PCTY | B | -0.68% | |
CRWD | B | -0.66% | |
BL | B | -0.65% | |
QLYS | C | -0.64% | |
ZM | B | -0.64% | |
TTD | B | -0.64% | |
ESTC | C | -0.62% | |
SMAR | A | -0.61% | |
ZUO | B | -0.6% | |
DDOG | A | -0.6% | |
SNOW | C | -0.6% | |
DBX | B | -0.59% | |
INTU | C | -0.59% | |
PANW | C | -0.58% | |
VEEV | C | -0.57% | |
ZS | C | -0.56% | |
BOX | B | -0.56% | |
WDAY | B | -0.55% | |
BLKB | B | -0.54% | |
APPF | B | -0.54% | |
ASAN | C | -0.54% | |
FSLY | D | -0.54% | |
SPT | C | -0.49% | |
OTEX | D | -0.48% |
IPO: Top Represented Industries & Keywords
SKYY: Top Represented Industries & Keywords