WCBR vs. IPO ETF Comparison

Comparison of WisdomTree Cybersecurity Fund (WCBR) to Renaissance IPO ETF (IPO)

WCBR

WisdomTree Cybersecurity Fund

WCBR Description

The investment seeks to track the price and yield performance of the WisdomTree Team8 Cybersecurity Index. The index is designed to provide exposure to equity securities of exchange-listed companies globally, which are primarily involved in cybersecurity and security-oriented technology that generate a meaningful part of their revenue from cybersecurity activities and are experiencing revenue growth. To the extent the index concentrates in the securities of a particular industry or group of industries, the fund will concentrate its investments to approximately the same extent as the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.13

Average Daily Volume

20,254

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WCBR	IPO
30 Days	13.95%	4.58%
60 Days	14.49%	6.56%
90 Days	12.06%	9.07%
12 Months	32.84%	38.65%

2 Overlapping Holdings

	Symbol	Grade	Weight in WCBR	Weight in IPO	Overlap
	HCP	B	4.42%	3.13%	3.13%
	RBRK	A	3.59%	1.62%	1.62%

WCBR Overweight 20 Positions Relative to IPO

Symbol	Grade	Weight
CRWD	B	5.95%
FTNT	C	5.78%
ZS	C	5.53%
RPD	C	5.5%
S	B	5.49%
ESTC	C	5.37%
NET	B	5.25%
DDOG	A	5.15%
PANW	C	5.13%
CYBR	B	4.7%
OKTA	C	4.69%
TENB	C	4.68%
QLYS	C	4.03%
CVLT	B	3.97%
FFIV	B	3.96%
CHKP	D	3.07%
AKAM	D	3.02%
FSLY	D	2.89%
VRNS	D	2.49%
OSPN	A	1.59%

WCBR Underweight 15 Positions Relative to IPO

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%
GFS	C	-2.72%
RDDT	B	-2.19%
BRZE	C	-1.56%
INFA	D	-1.34%
BIRK	D	-1.15%
FLNC	C	-0.8%
BLCO	D	-0.52%
ZK	D	-0.4%

WCBR: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Telecom Services