Seeks to track, before fees and expenses, the Renaissance IPO Index. The Index is designed to capture 80% of the market capitalization of the universe of companies that have gone public within the last two years. IPOs that meet liquidity and operational screens, are included in the Index after the fifth day of trading (if they are sizable) or upon quarterly reviews. Companies are removed two years after their initial trade date, when they become seasoned equities.

$36.45  +0.70 (1.96%)
As of 08/12/2022 16:00:00 EST     IEX book   CBOE book

ETF Information
Sponsor:     Renaissance Capital
Category1:  US Equity
Category2:  Broad Market
Category3:  Multi-cap
Morningstar category:  Mid-Cap Growth
Leverage factor:  1.00
Inception date:  10/16/2013
Index tracking method: Passive replication
Current yield:  0.00%
Historical average yield:  0.43%
Market cap:  $220,462,000
Average volume:  78,785
Fees:     0.6000%

Index Information
Renaissance US IPO Index
Index symbol:  IPOUSA
Provider:   Renaissance Capital
Index weighting:   Market capitalization
Index inception date:  06/19/2009
Backtesting data exists:   No
Strategy:  IPOs
Rebalanced:  Quarterly
Reconstituted:  Quarterly
Factors used to select securities:

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