IPOS

Renaissance International IPO ETF
*Unless otherwise stated, data provided by FactSet.

IPOS Fund Description

IPOS tracks a cap-weighted index of recent IPOs listed internationally. The fund adds an IPO within 90 days of its initial listing.

IPOS Factset Analytics Insight

IPOS, launched October 2014, is an international version of Renaissance Capital's IPO, which launched in October 2013. IPOS specifically targets recent IPOs listed on international exchanges and includes them within 90 days of listing, but can include IPOs as early as 5 days. The fund removes a company after 2 years. Despite its "international" focus, IPOS won't include foreign companies that choose the US for its IPO, like Alibaba, which gets included in its "US-listed" specific sister-fund, IPO. The fund charges 80 bps—a high fee for a cap-weighted equity ETF—which could drag on the fund's tracking. IPOS tilts toward small-growth firms compared with our broad benchmark.

IPOS MSCI ESG Analytics Insight

Renaissance International IPO ETF has an MSCI ESG Fund Rating of BBB based on a score of 6.07 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Renaissance International IPO ETF ranks in the 43th percentile within its peer group and in the 39th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

IPOS MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

PERFORMANCE [as of 10/21/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
IPOS 0.43% -11.24% -15.68% -7.38% 17.36% 10.72% --
IPOS (NAV) -0.23% -12.20% -16.43% -7.87% 16.81% 11.49% --
Renaissance International IPO Index 0.01% -11.03% -14.94% -5.89% 18.05% 12.91% --
MSCI ACWI ex USA IMI Index -TR net 1.48% 2.09% 9.81% 25.16% 11.83% 9.98% 7.41%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

IPOS Summary Data

Renaissance
10/06/14
Open-Ended Fund
0.80%
$24.44M
$119.89K
0.45%

IPOS Portfolio Data

$15.01B
125.56
2.28
0.66%
N/A
62

IPOS Index Data

Market Cap
Time Since Listing
MSCI ACWI ex USA IMI Index -TR net

IPOS Portfolio Management

0.80%
-1.53%
-0.49%
-2.59%

IPOS Tax Exposures

20.00% / 39.60%
1.20%
Qualified dividends
No

IPOS Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
High
Daily

IPOS Factset Analytics Block Liquidity

As of 10/22/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of IPOS. IPOS is rated a 3 out of 5.

IPOS Tradability

3,824
$119.89K
2,445
$74.78K
0.45%
$0.14
-0.20%
1.16% / -1.38%
None
8.00%
50,000
0.05
0.06%
0.24%
0
$30.76
3

IPOS Sector/Industry Breakdown


IPOS
Segment Benchmark
13.92%
7.94%
13.45%
21.21%
11.33%
16.42%
10.47%
8.78%
7.57%
11.33%
2.99%
8.52%
0.98%
13.24%
0.84%
2.65%
0.49%
2.99%

IPOS Top 10 Holdings[View All]

11.97%
9.72%
4.23%
4.06%
3.91%
3.71%
3.47%
3.02%
2.86%
2.71%
49.64%

IPOS Countries


IPOS
Segment Benchmark
35.57%
9.29%
9.44%
2.81%
9.09%
5.52%
8.60%
9.72%
7.64%
3.02%
4.85%
3.91%
4.39%
6.45%
3.97%
0.25%
3.95%
1.50%
3.41%
3.61%

IPOS Regions


IPOS
Segment Benchmark
49.97%
45.22%
46.08%
42.08%
3.95%
2.26%
--
7.53%
--
2.92%

IPOS Economic Development


IPOS
Segment Benchmark
83.34%
87.43%
16.66%
12.57%

IPOS Performance Statistics

0.45
1.10
1.11
0.78
1.02%
MSCI ACWI ex USA IMI Index -TR net

IPOS MSCI ESG Ratings

6.07 / 10
38.53
43.11
10.82%
--
105.20

IPOS Benchmark Comparison Holdings

62
6653
38
0.38%

IPOS Benchmark Comparison Summary


IPOS
Segment Benchmark
62
6653
$15.01B
$85.96B
125.56
19.62
2.28
1.89
0.63%
2.17%
Medium
Low

IPOS Benchmark Comparison Market Cap Size


IPOS
Segment Benchmark
35.81%
71.14%
61.57%
20.87%
2.62%
7.40%
0.00%
0.59%