IPO vs. USSE ETF Comparison

Comparison of Renaissance IPO ETF (IPO) to Segall Bryant & Hamill Select Equity ETF (USSE)

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 ^*

* may have additional holdings in another (foreign) market

USSE

Segall Bryant & Hamill Select Equity ETF

USSE Description

Under normal circumstances, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies whose stock is traded on U.S. markets, including depositary receipts (ADRs) or shares issued by companies incorporated outside of the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.82

Average Daily Volume

35,322

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IPO	USSE
30 Days	5.01%	6.14%
60 Days	7.00%	6.25%
90 Days	9.52%	8.00%
12 Months	39.22%	28.94%

0 Overlapping Holdings

	Symbol	Grade	Weight in IPO	Weight in USSE	Overlap

IPO Overweight 17 Positions Relative to USSE

Symbol	Grade	Weight
NU	C	9.95%
KVUE	A	9.28%
ARM	D	8.6%
RIVN	F	6.46%
CRBG	B	5.74%
GTLB	B	4.71%
TPG	A	3.62%
HCP	B	3.13%
GFS	C	2.72%
RDDT	B	2.19%
RBRK	A	1.62%
BRZE	C	1.56%
INFA	D	1.34%
BIRK	D	1.15%
FLNC	C	0.8%
BLCO	D	0.52%
ZK	D	0.4%

IPO Underweight 20 Positions Relative to USSE

Symbol	Grade	Weight
MSFT	F	-8.33%
GOOG	C	-6.91%
NOW	A	-5.88%
V	A	-5.83%
PWR	A	-5.63%
PANW	C	-5.23%
RGA	A	-5.13%
UNH	C	-4.89%
FICO	B	-4.75%
JPM	A	-4.65%
TJX	A	-4.58%
ARES	A	-4.57%
MRVL	B	-4.57%
AAPL	C	-4.52%
GL	B	-4.42%
CDNS	B	-4.16%
NVO	D	-3.78%
ORLY	B	-3.61%
STE	F	-3.47%
ZBRA	B	-3.4%