IPO ETF Overview

IPO ETFs invest in the equity of companies that recently have had their initial public offerings. The first IPO ETF was the First Trust US IPO Index ETF (FPX), which was launched in 2006. Although these ETFs seek to capitalize on the growth and innovation of new companies, these ETFs do not offer access to pre-IPO equity.

With 8 ETFs traded on the U.S. markets, IPO ETFs have total assets under management of $3.94B. The average expense ratio is 0.57%. IPO ETFs can be found in the following asset classes:

  • Equity
  • Fixed Income

The largest IPO ETF is the First Trust U.S. Equity Opportunities ETF FPX with $2.03B in assets. In the last trailing year, the best-performing IPO ETF was IPO at 105.53%. The most recent ETF launched in the IPO space was the Defiance Next Gen SPAC Derived ETF SPAK on 09/30/20.

ETF Report

ETF Explainer: IPO

IPOs have exhibited strong performance recently.

Features and News

Best Performing ETFs Of The Year

Returns for the top performers ranged from 94% to 185%.

Features and News

Real IPO Pop Is In This ETF

Companies have raised the most money in IPOs ever amid insatiable investor demand.

Podcasts

ETF Prime Podcast: DFA’s ETF Entrance

Plus, the benefits of low volatility investing, and getting a SPAC 101.

ETF Report

ETF Launches: SPAK

A first-of-its-kind ETF debuts from Defiance.

ETF Report

Interesting Launches In 2020

Not every viable ETF gathers large amounts of assets right out of the gate.

Features and News

Playing Retail Resilience With ETFs

Retail sales have been surprisingly resilient, but will that continue? 

Features and News

Best Performing ETFs 3Q 2020

Some of the top-performing ETFs of 2020 are up triple digits through September.

Daily ETF Watch

First SPAC-Related ETF Unveiled

Defiance ETFs rolled out the first-ever ETF to cover special purpose acquisitions corporations.