Renaissance IPO ETF (IPO)
IPO is a passive ETF by Renaissance Capital tracking the investment results of the Renaissance IPO Index. IPO launched on Oct 14, 2013 and has a 0.60% expense ratio.
ETF Info
US7599372049
759937204
Oct 14, 2013
Developed Markets (Broad)
1x
Renaissance IPO Index
Multi-Cap
Growth
Expense Ratio
IPO features an expense ratio of 0.60%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Renaissance IPO ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Renaissance IPO ETF had a return of 2.71% year-to-date (YTD) and 25.04% in the last 12 months. Over the past 10 years, Renaissance IPO ETF had an annualized return of 7.13%, while the S&P 500 had an annualized return of 11.24%, indicating that Renaissance IPO ETF did not perform as well as the benchmark.
IPO
2.71%
-4.53%
9.39%
25.04%
6.65%
7.13%
^GSPC (Benchmark)
0.62%
-2.22%
5.05%
24.42%
12.67%
11.24%
Monthly Returns
The table below presents the monthly returns of IPO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -9.71% | 15.25% | 5.81% | -10.48% | 5.54% | 2.77% | -0.17% | 3.80% | 2.68% | 4.34% | 2.97% | -5.36% | 15.68% |
| 2023 | 15.90% | -1.47% | 3.68% | -5.17% | 7.79% | 9.31% | 12.00% | -10.77% | -2.18% | -6.92% | 13.41% | 11.73% | 52.55% |
| 2022 | -19.59% | -1.35% | -3.92% | -19.26% | -12.64% | -3.15% | 8.24% | -1.50% | -11.53% | -1.44% | -1.29% | -10.53% | -57.26% |
| 2021 | 5.54% | -1.87% | -6.90% | 0.23% | -1.27% | 7.59% | -5.21% | 6.50% | -3.77% | 6.61% | -8.05% | -8.25% | -10.31% |
| 2020 | 5.37% | -4.52% | -15.61% | 17.16% | 19.02% | 10.10% | 9.59% | 9.30% | 7.93% | -3.06% | 27.23% | 0.02% | 107.89% |
| 2019 | 17.97% | 10.51% | 0.80% | 2.87% | -5.28% | 6.31% | 2.56% | -5.46% | -8.00% | 5.22% | 5.93% | -0.70% | 34.39% |
| 2018 | 0.44% | 0.23% | 1.19% | -0.31% | 1.75% | 2.42% | -0.74% | 4.03% | -1.41% | -12.70% | -0.38% | -11.67% | -17.24% |
| 2017 | 3.63% | 5.50% | 2.41% | 2.94% | 5.76% | -0.14% | 2.82% | 1.34% | 1.96% | 5.43% | -0.87% | 1.49% | 37.15% |
| 2016 | -15.81% | 2.27% | 7.37% | 3.58% | 1.15% | -4.75% | 5.36% | 3.31% | 1.33% | -4.35% | 2.77% | -0.68% | -0.64% |
| 2015 | -2.87% | 8.73% | 1.37% | -1.43% | 2.33% | -1.95% | -0.44% | -9.29% | -8.76% | 7.89% | 0.28% | -2.90% | -8.36% |
| 2014 | 0.14% | 7.63% | -5.32% | -4.84% | 0.57% | 7.44% | -2.41% | 5.16% | -2.18% | 0.04% | 3.48% | -1.55% | 7.35% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of IPO is 44, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Renaissance IPO ETF (IPO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Renaissance IPO ETF provided a 0.12% dividend yield over the last twelve months, with an annual payout of $0.05 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.05 | $0.05 | $0.00 | $0.00 | $0.00 | $0.07 | $0.15 | $0.12 | $0.12 | $0.08 | $0.02 | $0.64 |
Dividend yield | 0.12% | 0.12% | 0.00% | 0.00% | 0.00% | 0.10% | 0.47% | 0.49% | 0.44% | 0.41% | 0.11% | 2.82% |
Monthly Dividends
The table displays the monthly dividend distributions for Renaissance IPO ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | |||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.04 | $0.05 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 |
| 2019 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.15 |
| 2018 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.12 |
| 2017 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.12 |
| 2016 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.08 |
| 2015 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.02 |
| 2014 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.60 | $0.64 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Renaissance IPO ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Renaissance IPO ETF was 68.76%, occurring on Dec 28, 2022. The portfolio has not yet recovered.
The current Renaissance IPO ETF drawdown is 41.15%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.76% | Feb 16, 2021 | 472 | Dec 28, 2022 | — | — | — |
| -38.47% | Feb 20, 2020 | 20 | Mar 18, 2020 | 44 | May 20, 2020 | 64 |
| -36.73% | Apr 17, 2015 | 208 | Feb 11, 2016 | 311 | May 15, 2017 | 519 |
| -31.34% | Jun 19, 2018 | 130 | Dec 24, 2018 | 89 | May 3, 2019 | 219 |
| -17.59% | Jul 29, 2019 | 47 | Oct 2, 2019 | 73 | Jan 16, 2020 | 120 |
Volatility
Volatility Chart
The current Renaissance IPO ETF volatility is 8.14%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.