IPO vs. TCHI ETF Comparison
Comparison of Renaissance IPO ETF (IPO) to iShares MSCI China Multisector Tech ETF (TCHI)
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
$38.06
Average Daily Volume
53,083
45
TCHI
iShares MSCI China Multisector Tech ETF
TCHI Description
iShares MSCI China Multisector Tech ETF is an exchange traded fund launched by BlackRock, Inc. The fund is managed by BlackRock Fund Advisors. It invests in public equity markets of China. The fund invests in stocks of companies operating across communication services, media and entertainment, entertainment, interactive home entertainment, movies and entertainment, interactive media and services, media, publishing, consumer discretionary, consumer durables and apparel, household durables, consumer electronics, household appliances, consumer services, diversified consumer services, education services, retailing, internet and direct marketing retail, specialty retail, computer and electronics retail, financials, diversified financials, capital markets, financial exchanges and data, consumer finance, health care, health care equipment and services, health care technology, industrials, capital goods, electrical equipment, electrical components and equipment, machinery, industrial machinery, information technology sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the MSCI China Technology Sub-Industries Select Capped Index, by using representative sampling technique. iShares MSCI China Multisector Tech ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$17.61
Average Daily Volume
2,462
11
Performance
| Period | IPO | TCHI |
|---|---|---|
| 30 Days | -5.56% | 7.15% |
| 60 Days | -4.08% | 9.15% |
| 90 Days | 8.53% | 25.39% |
| 12 Months | 39.91% | 2.09% |
1 Overlapping Holdings
| Symbol | Grade | Weight in IPO | Weight in TCHI | Overlap | |
|---|---|---|---|---|---|
| BZ | A | 2.42% | 1.96% | 1.96% |
IPO Overweight 44 Positions Relative to TCHI
| Symbol | Grade | Weight | |
|---|---|---|---|
| KVUE | F | 9.85% | |
| COIN | C | 9.62% | |
| NU | C | 9.54% | |
| APP | A | 5.48% | |
| HOOD | B | 4.18% | |
| ARM | D | 3.87% | |
| CNM | A | 3.67% | |
| PATH | F | 2.73% | |
| ONON | C | 2.56% | |
| DUOL | A | 2.41% | |
| RIVN | F | 2.26% | |
| CRBG | A | 2.24% | |
| YMM | A | 2.17% | |
| CFLT | F | 2.1% | |
| PCOR | D | 2.06% | |
| S | C | 1.91% | |
| GTLB | D | 1.86% | |
| MNDY | C | 1.74% | |
| RYAN | B | 1.74% | |
| DV | D | 1.57% | |
| EDR | A | 1.55% | |
| GFS | D | 1.4% | |
| HCP | A | 1.17% | |
| TPG | C | 1.16% | |
| GLBE | F | 1.14% | |
| FRSH | F | 1.09% | |
| DOCS | D | 0.99% | |
| MQ | D | 0.93% | |
| BRZE | D | 0.82% | |
| DOCN | D | 0.75% | |
| SQSP | B | 0.74% | |
| NUVL | C | 0.65% | |
| AGL | F | 0.54% | |
| YOU | D | 0.53% | |
| INFA | D | 0.51% | |
| BROS | F | 0.5% | |
| DLO | F | 0.48% | |
| BIRK | D | 0.42% | |
| PYCR | F | 0.42% | |
| FLNC | B | 0.36% | |
| PWSC | F | 0.36% | |
| ACT | A | 0.32% | |
| BLCO | F | 0.19% | |
| INST | F | 0.14% |
IPO: Top Represented Industries & Keywords
TCHI: Top Represented Industries & Keywords
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