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Upturn AI SWOT - About
Renaissance IPO ETF (IPO)
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Upturn Advisory Summary
03/11/2025: IPO (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit -1.23% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/11/2025 |
Key Highlights
Volume (30-day avg) 32585 | Beta 1.27 | 52 Weeks Range 34.03 - 48.23 | Updated Date 04/2/2025 |
52 Weeks Range 34.03 - 48.23 | Updated Date 04/2/2025 |
Upturn AI SWOT
Renaissance IPO ETF
ETF Overview
Overview
The Renaissance IPO ETF (IPO) focuses on investing in newly public companies, primarily within the U.S. market. It aims to capture the performance of these companies as they transition from private to public ownership, providing exposure to growth opportunities in the IPO market.
Reputation and Reliability
Renaissance Capital is known for its expertise in the IPO market, providing research and investment products focused on newly public companies. They are considered reputable in this niche.
Management Expertise
The management team possesses considerable experience in tracking and analyzing IPOs, which is crucial for selecting and weighting holdings effectively.
Investment Objective
Goal
The ETF's primary goal is to replicate the performance of the Renaissance IPO Index, providing investors access to newly public companies.
Investment Approach and Strategy
Strategy: The ETF aims to track the Renaissance IPO Index, which includes the largest, most liquid newly listed U.S. IPOs. Companies are typically held for a period of time after their IPO.
Composition The ETF holds a portfolio of newly public U.S. companies. The specific composition varies based on market conditions and IPO activity. It predominantly invests in stocks.
Market Position
Market Share: Renaissance IPO ETF's market share in its sector varies and can be subject to frequent change.
Total Net Assets (AUM): 89410000
Competitors
Key Competitors
- First Trust US Equity Opportunities ETF (FPX)
- Defiance Next Gen SPAC Derived ETF (SPAK)
Competitive Landscape
The competitive landscape consists of ETFs focusing on newly public companies or companies that have recently gone public. The advantages of IPO include its focus on tracking newly listed IPOs; however, the disadvantages are its niche focus, leading to potential concentration risk. Competitors include broader market ETFs or those tracking specific sectors.
Financial Performance
Historical Performance: Historical performance data should be pulled from financial data providers.
Benchmark Comparison: Performance needs to be compared against Renaissance IPO Index.
Expense Ratio: 0.6
Liquidity
Average Trading Volume
The average trading volume for Renaissance IPO ETF is moderate, which can vary with market interest and IPO activity.
Bid-Ask Spread
The bid-ask spread tends to be wider compared to more liquid ETFs, due to its narrower focus on recent IPOs.
Market Dynamics
Market Environment Factors
Economic conditions, investor sentiment towards IPOs, and the overall health of the IPO market influence ETF Renaissance IPO ETF's performance.
Growth Trajectory
The growth trajectory depends on the volume and performance of newly listed companies. Changes to strategy typically reflect adjustments to the composition of the Renaissance IPO Index.
Moat and Competitive Advantages
Competitive Edge
IPOu2019s competitive edge lies in its focus on new IPOs, which can offer substantial growth potential. The Renaissance IPO Index methodology aims to capture the performance of these newly public companies. The ETF may offer access to rapidly expanding companies that are not yet captured by traditional market indices. Their specialized focus provides potential exposure to early-stage growth opportunities within the market.
Risk Analysis
Volatility
Renaissance IPO ETF can exhibit high volatility due to the inherent risk associated with newly public companies and the sensitivity to market sentiment.
Market Risk
Market risk includes exposure to the risks associated with newly public companies, such as limited operating history, unproven business models, and heightened sensitivity to market fluctuations.
Investor Profile
Ideal Investor Profile
The ideal investor profile for ETF Renaissance IPO ETF is someone with a high-risk tolerance, seeking growth opportunities in newly public companies, and understands the volatile nature of IPOs.
Market Risk
This ETF is best suited for long-term investors with a high-risk tolerance, or active traders looking to capitalize on short-term IPO market trends. It is not suitable for passive index followers seeking broad market exposure.
Summary
The Renaissance IPO ETF provides targeted exposure to newly listed companies, offering a potential growth opportunity in the IPO market. However, its niche focus results in higher volatility and concentration risk. The ETF's performance is highly dependent on the overall health and sentiment of the IPO market. It's a high-risk, high-reward investment suitable for investors with a greater risk appetite.
Similar Companies
FPX
First Trust US Equity Opportunities ETF
FPX
First Trust US Equity Opportunities ETF
IWF
iShares Russell 1000 Growth ETF
IWF
iShares Russell 1000 Growth ETF
QQQ
Invesco QQQ Trust
QQQ
Invesco QQQ Trust
Sources and Disclaimers
Data Sources:
- ETF.com
- Morningstar
- Company Fact Sheet
Disclaimers:
The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence before making any investment decisions. Past performance is not indicative of future results. Market share data are approximate and subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Renaissance IPO ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the index. It normally invests at least 80% of its total assets in securities that comprise the index. The index is a portfolio of companies that have recently completed an initial public offering (IPO) and are listed on a U.S. exchange. The fund is non-diversified.
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