IPO vs. USMF ETF Comparison
Comparison of Renaissance IPO ETF (IPO) to WisdomTree U.S. Multifactor Fund (USMF)
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
$46.12
Average Daily Volume
29,831
Number of Holdings
*
17
* may have additional holdings in another (foreign) market
USMF
WisdomTree U.S. Multifactor Fund
USMF Description
The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Multifactor Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is generally comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors (value and quality measures) and two technical factors (momentum and correlation). The fund is non-diversified.Grade (RS Rating)
Last Trade
$52.37
Average Daily Volume
25,306
Number of Holdings
*
199
* may have additional holdings in another (foreign) market
Performance
| Period | IPO | USMF |
|---|---|---|
| 30 Days | 5.01% | 6.39% |
| 60 Days | 7.00% | 7.88% |
| 90 Days | 9.52% | 8.72% |
| 12 Months | 39.22% | 32.34% |
1 Overlapping Holdings
| Symbol | Grade | Weight in IPO | Weight in USMF | Overlap | |
|---|---|---|---|---|---|
| INFA | D | 1.34% | 0.66% | 0.66% |
IPO Underweight 198 Positions Relative to USMF
| Symbol | Grade | Weight | |
|---|---|---|---|
| APP | B | -1.61% | |
| MSI | B | -1.52% | |
| GDDY | A | -1.49% | |
| VRSN | F | -1.43% | |
| CTSH | B | -1.38% | |
| ROP | B | -1.35% | |
| TDY | B | -1.34% | |
| IBM | C | -1.32% | |
| FFIV | B | -1.31% | |
| TMUS | B | -1.29% | |
| SNX | C | -1.17% | |
| TYL | B | -1.12% | |
| EA | A | -1.11% | |
| FOXA | B | -1.09% | |
| FICO | B | -1.08% | |
| ZM | B | -1.07% | |
| T | A | -1.05% | |
| GEN | B | -1.03% | |
| DBX | B | -1.02% | |
| DOCU | A | -1.02% | |
| CVLT | B | -1.01% | |
| JNPR | F | -1.0% | |
| CRM | B | -0.99% | |
| AKAM | D | -0.96% | |
| CMCSA | B | -0.93% | |
| HPQ | B | -0.93% | |
| DT | C | -0.92% | |
| NYT | C | -0.88% | |
| FTNT | C | -0.88% | |
| VZ | C | -0.87% | |
| TJX | A | -0.85% | |
| DIS | B | -0.82% | |
| ORLY | B | -0.82% | |
| TXRH | C | -0.81% | |
| WDAY | B | -0.81% | |
| DRI | B | -0.79% | |
| NTAP | C | -0.79% | |
| EPAM | C | -0.76% | |
| IPG | D | -0.75% | |
| MUSA | A | -0.74% | |
| AZO | C | -0.73% | |
| LVS | C | -0.7% | |
| ARMK | B | -0.69% | |
| EBAY | D | -0.68% | |
| NTNX | A | -0.64% | |
| GM | B | -0.63% | |
| HRB | D | -0.6% | |
| EXPE | B | -0.53% | |
| LDOS | C | -0.52% | |
| CRUS | D | -0.5% | |
| COR | B | -0.49% | |
| FSLR | F | -0.48% | |
| MCK | B | -0.46% | |
| ECL | D | -0.45% | |
| EHC | B | -0.44% | |
| CAH | B | -0.44% | |
| EXEL | B | -0.43% | |
| CACI | D | -0.43% | |
| AMP | A | -0.43% | |
| XOM | B | -0.43% | |
| GILD | C | -0.43% | |
| HOLX | D | -0.42% | |
| EOG | A | -0.42% | |
| WM | A | -0.42% | |
| BSX | B | -0.42% | |
| FI | A | -0.42% | |
| JNJ | D | -0.42% | |
| ADP | B | -0.41% | |
| UTHR | C | -0.41% | |
| DGX | A | -0.41% | |
| ETR | B | -0.4% | |
| INGR | B | -0.4% | |
| RSG | A | -0.4% | |
| ABT | B | -0.4% | |
| IBKR | A | -0.4% | |
| RJF | A | -0.4% | |
| COP | C | -0.4% | |
| LMT | D | -0.4% | |
| ADTN | A | -0.4% | |
| BR | A | -0.39% | |
| JPM | A | -0.39% | |
| L | A | -0.39% | |
| DOV | A | -0.39% | |
| ANF | C | -0.39% | |
| HIG | B | -0.39% | |
| WFC | A | -0.39% | |
| GPK | C | -0.38% | |
| LH | C | -0.38% | |
| VRSK | A | -0.38% | |
| UNM | A | -0.38% | |
| ZBH | C | -0.38% | |
| CME | A | -0.37% | |
| BRK.A | B | -0.37% | |
| PPC | C | -0.37% | |
| ABBV | D | -0.37% | |
| PCAR | B | -0.37% | |
| ALSN | B | -0.37% | |
| CCK | C | -0.37% | |
| CHE | D | -0.37% | |
| TRV | B | -0.37% | |
| ALL | A | -0.36% | |
| BRO | B | -0.36% | |
| AIZ | A | -0.36% | |
| LHX | C | -0.36% | |
| ACI | C | -0.36% | |
| SSNC | B | -0.36% | |
| CINF | A | -0.36% | |
| BMY | B | -0.36% | |
| RLI | B | -0.36% | |
| MRO | B | -0.35% | |
| AFL | B | -0.35% | |
| PRI | A | -0.35% | |
| ORI | A | -0.35% | |
| WMT | A | -0.35% | |
| CNA | B | -0.35% | |
| PGR | A | -0.35% | |
| GAP | C | -0.35% | |
| VOYA | B | -0.35% | |
| J | F | -0.34% | |
| RGA | A | -0.34% | |
| MO | A | -0.34% | |
| AIG | B | -0.34% | |
| AXP | A | -0.34% | |
| OGE | B | -0.34% | |
| BERY | B | -0.34% | |
| EME | C | -0.34% | |
| KR | B | -0.34% | |
| MSA | D | -0.34% | |
| MRK | F | -0.34% | |
| MLI | C | -0.34% | |
| WRB | A | -0.33% | |
| CBOE | B | -0.33% | |
| NTRS | A | -0.33% | |
| MKL | A | -0.33% | |
| HAL | C | -0.33% | |
| SYF | B | -0.32% | |
| PG | A | -0.32% | |
| MTB | A | -0.32% | |
| EWBC | A | -0.32% | |
| VTRS | A | -0.32% | |
| TAP | C | -0.32% | |
| VLO | C | -0.32% | |
| ELS | C | -0.32% | |
| GLPI | C | -0.32% | |
| PCG | A | -0.31% | |
| SYY | B | -0.31% | |
| DE | A | -0.31% | |
| NNN | D | -0.31% | |
| KMB | D | -0.31% | |
| HCA | F | -0.31% | |
| DVN | F | -0.31% | |
| UHS | D | -0.31% | |
| VICI | C | -0.31% | |
| TMO | F | -0.31% | |
| BAH | F | -0.31% | |
| CBSH | A | -0.31% | |
| ELV | F | -0.3% | |
| SAIC | F | -0.3% | |
| FRT | B | -0.3% | |
| POST | C | -0.3% | |
| REYN | D | -0.3% | |
| PNW | B | -0.3% | |
| DUK | C | -0.3% | |
| LPX | B | -0.29% | |
| RYAN | B | -0.29% | |
| SFM | A | -0.29% | |
| MPC | D | -0.29% | |
| MTG | C | -0.29% | |
| CRS | A | -0.29% | |
| CL | D | -0.29% | |
| THC | D | -0.28% | |
| FCNCA | A | -0.28% | |
| CI | F | -0.28% | |
| MAS | D | -0.28% | |
| REGN | F | -0.28% | |
| EIX | B | -0.28% | |
| AEP | D | -0.27% | |
| GIS | D | -0.27% | |
| WPC | D | -0.27% | |
| DVA | B | -0.27% | |
| CAG | D | -0.26% | |
| FDX | B | -0.26% | |
| KHC | F | -0.26% | |
| NBIX | C | -0.25% | |
| CNC | D | -0.25% | |
| DINO | D | -0.25% | |
| FCN | D | -0.24% | |
| PYPL | B | -0.23% | |
| HALO | F | -0.23% | |
| PAYC | B | -0.23% | |
| HII | D | -0.23% | |
| AMT | D | -0.22% | |
| APA | D | -0.22% | |
| MMM | D | -0.21% | |
| BMRN | D | -0.2% | |
| FMC | D | -0.18% | |
| GL | B | -0.14% | |
| LNTH | D | -0.13% |
IPO: Top Represented Industries & Keywords
Industries:
Software - Infrastructure
Asset Management
Auto Manufacturers
Semiconductors
Software - Application
Banks - Diversified
Footwear & Accessories
Household & Personal Products
Internet Content & Information
Medical Instruments & Supplies
Utilities - Renewable
Keywords:
Computing
Nasdaq 100
Advisory Services
Bank
Banking
Data Management
Electric Vehicle
Fabless Semiconductor Companies
Semiconductor
Allergy
Alternative Payments
Annuities
Artificial Intelligence
Backup Software
Baseband Processor
Brokerage Products
Business Process Management
Care Products
Cars
Cataract Surgery
USMF: Top Represented Industries & Keywords
Industries:
Software - Application
Insurance - Property & Casualty
Business Services
Biotechnology
Information Technology Services
Medical Care
Packaged Foods
Software - Infrastructure
Utilities - Regulated Electric
Drug Manufacturers - Major
Insurance - Diversified
Oil & Gas E&P
Telecom Services
Communication Equipment
Diagnostics & Research
Insurance - Life
Packaging & Containers
Specialty Retail
Apparel Stores
Asset Management
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