(IPO) Renaissance IPO - NYSE
ETF Category: Mid-Cap Growth | Exchange: NYSE (USA) | Market Cap: 161m USD | Total Return: 27.2% in 12m
Avg Turnover: 3.45M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality
The Renaissance IPO ETF (IPO) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of its underlying index. The fund normally invests at least 80% of its total assets in the securities that comprise the index, which consists of companies that have recently completed an initial public offering and are listed on a U.S. exchange. The fund is structured as non-diversified, concentrating exposure in a relatively narrow set of recently public companies.
As a thematic ETF, IPO provides targeted access to the newly public U.S. equity segment, a category that typically spans multiple industries and includes companies in the early stages of their public-market life. The fund launched on October 16, 2013, and with approximately $161 million in assets, it is classified within the mid-cap growth category despite its micro-cap asset base.
- Recent IPO stock performance drives fund tracking error
- Surge in U.S. IPO issuance boosts fund assets and inflows
- Lock-up expirations weigh on recent IPO valuations
- Federal Reserve rate cuts boost growth stock multiples
As of June 29, 2026, the stock is trading at USD 56.92 with a total of 37,003 shares traded. Over the past week, the price has changed by -4.40%, over one month by +2.14%, over three months by +43.56% and over the past year by +27.24%.
Current recommended Stop Loss: 54.40 (which is 4.4% or 1.3 ATR below the current price).
Renaissance IPO has no consensus analysts rating.