IPO:ARCA-Renaissance IPO (USD)

ETF | Mid-Cap Growth | NYSE Arca

Last Closing

USD 39.84

Change

+0.80 (+2.05)%

Market Cap

USD 0.01B

Volume

0.03M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). 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.

Inception Date: 16/10/2013

Primary Benchmark: Renaissance IPO TR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 0.6%

Management Expense Ratio: 0.60 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-15 )

Largest Industry Peers for Mid-Cap Growth

Symbol Name Mer Price(Change) Market Cap
IWP iShares Russell Mid-Cap Growth.. 0.24 %

-0.84 (-0.69%)

USD 15.96B
VOT Vanguard Mid-Cap Growth Index .. 0.07 %

-1.22 (-0.49%)

USD 14.56B
IJK iShares S&P Mid-Cap 400 Growth.. 0.24 %

-0.44 (-0.48%)

USD 9.29B
XMMO Invesco S&P MidCap Momentum ET.. 0.39 %

-0.55 (-0.45%)

USD 2.61B
IVOG Vanguard S&P Mid-Cap 400 Growt.. 0.20 %

-0.64 (-0.56%)

USD 1.09B
ETHO Amplify ETF Trust 0.45 %

+0.01 (+0.02%)

USD 0.18B
CWS AdvisorShares Focused Equity E.. 0.68 %

-0.24 (-0.35%)

USD 0.18B
BFOR Barron's 400 ETF 0.65 %

-0.10 (-0.14%)

USD 0.15B
PEXL Pacer US Export Leaders ETF 0.60 %

-0.12 (-0.24%)

USD 0.06B
HAIL SPDR S&P Kensho Smart Mobility 0.46 %

-0.47 (-1.66%)

USD 0.03B

ETFs Containing IPO

N/A

Market Performance

  Market Performance vs. Industry/Classification (Mid-Cap Growth) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 5.65% 19% F 56% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 5.65% 19% F 52% F
Trailing 12 Months  
Capital Gain 35.74% 88% B+ 84% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 35.74% 88% B+ 82% B
Trailing 5 Years  
Capital Gain 29.24% 14% F 59% D-
Dividend Return 0.06% 7% C- 1% F
Total Return 29.30% 14% F 49% F
Average Annual (5 Year Horizon)  
Capital Gain 16.40% 94% A 81% B-
Dividend Return 16.40% 94% A 78% C+
Total Return 0.00% 6% D- N/A F
Risk Return Profile  
Volatility (Standard Deviation) 54.78% 13% F 16% F
Risk Adjusted Return 29.94% 19% F 52% F
Market Capitalization 0.01B 50% F 31% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.