IPO vs. SOXQ ETF Comparison
Comparison of Renaissance IPO ETF (IPO) to Invesco PHLX Semiconductor ETF (SOXQ)
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
$42.92
Average Daily Volume
54,535
29
SOXQ
Invesco PHLX Semiconductor ETF
SOXQ Description
The investment seeks to track the investment results (before fees and expenses) of the PHLX Semiconductor Sector Index ®. The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq compiles the underlying index, which is a modified market-capitalization weighted index designed to measure the performance of the 30 largest companies listed in the United States that are engaged in the semiconductor business, as determined by the index Provider. The fund is non-diversified.Grade (RS Rating)
Last Trade
$39.48
Average Daily Volume
509,479
30
Performance
| Period | IPO | SOXQ |
|---|---|---|
| 30 Days | 4.53% | -4.75% |
| 60 Days | 3.67% | -8.51% |
| 90 Days | 8.52% | -9.45% |
| 12 Months | 38.60% | 50.79% |
1 Overlapping Holdings
| Symbol | Grade | Weight in IPO | Weight in SOXQ | Overlap | |
|---|---|---|---|---|---|
| GFS | F | 1.83% | 2.03% | 1.83% |
IPO Overweight 28 Positions Relative to SOXQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| KVUE | C | 11.89% | |
| NU | B | 11.63% | |
| ARM | C | 7.17% | |
| HOOD | C | 6.99% | |
| ONON | C | 5.85% | |
| RIVN | F | 5.15% | |
| DUOL | A | 4.07% | |
| CRBG | D | 3.29% | |
| CNM | F | 3.24% | |
| RYAN | C | 3.12% | |
| GTLB | D | 2.96% | |
| S | C | 2.52% | |
| TPG | B | 2.28% | |
| NUVL | C | 1.68% | |
| HCP | A | 1.55% | |
| BROS | D | 1.47% | |
| FRSH | F | 1.07% | |
| BIRK | F | 0.9% | |
| BRZE | F | 0.86% | |
| INFA | D | 0.78% | |
| RDDT | C | 0.71% | |
| PWSC | C | 0.64% | |
| FLNC | C | 0.63% | |
| ACT | B | 0.5% | |
| BLCO | C | 0.34% | |
| RBRK | D | 0.34% | |
| INST | D | 0.25% | |
| ZK | F | 0.16% |
IPO Underweight 29 Positions Relative to SOXQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | D | -13.68% | |
| AVGO | C | -12.99% | |
| AMD | D | -7.58% | |
| TSM | C | -4.76% | |
| MRVL | C | -4.53% | |
| TXN | C | -4.21% | |
| KLAC | D | -4.05% | |
| MPWR | C | -4.02% | |
| ADI | C | -3.96% | |
| AMAT | D | -3.57% | |
| ASML | F | -3.5% | |
| NXPI | D | -3.47% | |
| QCOM | F | -3.39% | |
| LRCX | F | -3.37% | |
| MCHP | D | -3.28% | |
| MU | F | -2.93% | |
| ON | F | -2.74% | |
| INTC | F | -2.63% | |
| TER | D | -1.84% | |
| ENTG | D | -1.5% | |
| SWKS | F | -1.49% | |
| COHR | B | -1.07% | |
| QRVO | F | -0.93% | |
| AMKR | F | -0.68% | |
| LSCC | D | -0.55% | |
| RMBS | F | -0.39% | |
| ALGM | F | -0.38% | |
| ACLS | F | -0.3% | |
| WOLF | F | -0.09% |
IPO: Top Represented Industries & Keywords
SOXQ: Top Represented Industries & Keywords
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