IPO vs. VTV
Compare and contrast key facts about Renaissance IPO ETF (IPO) and Vanguard Value ETF (VTV).
IPO and VTV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IPO is a passively managed fund by Renaissance Capital that tracks the performance of the Renaissance IPO Index. It was launched on Oct 14, 2013. VTV is a passively managed fund by Vanguard that tracks the performance of the MSCI US Prime Market Value Index. It was launched on Jan 26, 2004. Both IPO and VTV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IPO or VTV.
Correlation
The correlation between IPO and VTV is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IPO vs. VTV - Performance Comparison
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Key characteristics
IPO:
0.36
VTV:
0.57
IPO:
0.65
VTV:
0.99
IPO:
1.09
VTV:
1.14
IPO:
0.18
VTV:
0.69
IPO:
0.99
VTV:
2.52
IPO:
10.13%
VTV:
3.97%
IPO:
31.73%
VTV:
15.66%
IPO:
-68.76%
VTV:
-59.27%
IPO:
-44.03%
VTV:
-4.58%
Returns By Period
In the year-to-date period, IPO achieves a -2.32% return, which is significantly lower than VTV's 1.92% return. Over the past 10 years, IPO has underperformed VTV with an annualized return of 5.93%, while VTV has yielded a comparatively higher 9.94% annualized return.
IPO
-2.32%
18.99%
-8.83%
11.40%
5.28%
5.93%
VTV
1.92%
6.00%
-3.14%
8.78%
16.00%
9.94%
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IPO vs. VTV - Expense Ratio Comparison
IPO has a 0.60% expense ratio, which is higher than VTV's 0.04% expense ratio.
Risk-Adjusted Performance
IPO vs. VTV — Risk-Adjusted Performance Rank
IPO
VTV
IPO vs. VTV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Renaissance IPO ETF (IPO) and Vanguard Value ETF (VTV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
IPO vs. VTV - Dividend Comparison
IPO's dividend yield for the trailing twelve months is around 0.29%, less than VTV's 2.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPO Renaissance IPO ETF | 0.29% | 0.12% | 0.00% | 0.00% | 0.00% | 0.10% | 0.47% | 0.49% | 0.44% | 0.24% | 0.11% | 2.82% |
VTV Vanguard Value ETF | 2.29% | 2.31% | 2.46% | 2.52% | 2.15% | 2.56% | 2.50% | 2.73% | 2.29% | 2.44% | 2.60% | 2.22% |
Drawdowns
IPO vs. VTV - Drawdown Comparison
The maximum IPO drawdown since its inception was -68.76%, which is greater than VTV's maximum drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for IPO and VTV. For additional features, visit the drawdowns tool.
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Volatility
IPO vs. VTV - Volatility Comparison
Renaissance IPO ETF (IPO) has a higher volatility of 8.72% compared to Vanguard Value ETF (VTV) at 4.70%. This indicates that IPO's price experiences larger fluctuations and is considered to be riskier than VTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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