IPOS vs. BK
Compare and contrast key facts about Renaissance International IPO ETF (IPOS) and The Bank of New York Mellon Corporation (BK).
IPOS is a passively managed fund by Renaissance Capital that tracks the performance of the Renaissance International IPO Index. It was launched on Oct 6, 2014.
Performance
IPOS vs. BK - Performance Comparison
Loading graphics...
IPOS vs. BK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IPOS Renaissance International IPO ETF | 11.50% | 39.93% | -12.34% | -16.49% | -33.46% | -30.62% | 50.71% | 30.93% | -22.33% | 36.83% |
BK The Bank of New York Mellon Corporation | 4.67% | 54.45% | 51.90% | 18.52% | -19.14% | 40.55% | -12.91% | 9.56% | -10.85% | 15.68% |
Returns By Period
In the year-to-date period, IPOS achieves a 11.50% return, which is significantly higher than BK's 4.67% return. Over the past 10 years, IPOS has underperformed BK with an annualized return of 0.53%, while BK has yielded a comparatively higher 15.52% annualized return.
IPOS
- 1D
- 3.33%
- 1M
- -9.87%
- YTD
- 11.50%
- 6M
- 8.27%
- 1Y
- 48.78%
- 3Y*
- 5.45%
- 5Y*
- -11.43%
- 10Y*
- 0.53%
BK
- 1D
- 1.97%
- 1M
- 1.26%
- YTD
- 4.67%
- 6M
- 14.30%
- 1Y
- 47.45%
- 3Y*
- 42.49%
- 5Y*
- 24.02%
- 10Y*
- 15.52%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IPOS vs. BK — Risk / Return Rank
IPOS
BK
IPOS vs. BK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Renaissance International IPO ETF (IPOS) and The Bank of New York Mellon Corporation (BK). 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.
| IPOS | BK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.68 | 2.01 | -0.33 |
Sortino ratioReturn per unit of downside risk | 2.11 | 2.50 | -0.39 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 2.84 | 3.65 | -0.81 |
Martin ratioReturn relative to average drawdown | 8.62 | 11.25 | -2.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IPOS | BK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | 2.01 | -0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.43 | 0.98 | -1.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.02 | 0.57 | -0.55 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 0.35 | -0.34 |
Correlation
The correlation between IPOS and BK is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
IPOS vs. BK - Dividend Comparison
IPOS's dividend yield for the trailing twelve months is around 0.85%, less than BK's 1.70% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPOS Renaissance International IPO ETF | 0.85% | 1.04% | 0.93% | 0.33% | 0.00% | 0.00% | 0.25% | 0.89% | 1.12% | 0.87% | 1.73% | 1.08% |
BK The Bank of New York Mellon Corporation | 1.70% | 1.72% | 2.32% | 3.04% | 3.12% | 2.24% | 2.92% | 2.34% | 2.21% | 1.60% | 1.52% | 1.65% |
Drawdowns
IPOS vs. BK - Drawdown Comparison
The maximum IPOS drawdown since its inception was -73.09%, roughly equal to the maximum BK drawdown of -72.28%. Use the drawdown chart below to compare losses from any high point for IPOS and BK.
Loading graphics...
Drawdown Indicators
| IPOS | BK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.09% | -72.28% | -0.81% |
Max Drawdown (1Y)Largest decline over 1 year | -17.17% | -12.95% | -4.22% |
Max Drawdown (5Y)Largest decline over 5 years | -70.33% | -40.45% | -29.88% |
Max Drawdown (10Y)Largest decline over 10 years | -73.09% | -50.49% | -22.60% |
Current DrawdownCurrent decline from peak | -52.62% | -5.20% | -47.42% |
Average DrawdownAverage peak-to-trough decline | -31.78% | -18.77% | -13.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.66% | 4.20% | +1.46% |
Volatility
IPOS vs. BK - Volatility Comparison
Renaissance International IPO ETF (IPOS) has a higher volatility of 15.75% compared to The Bank of New York Mellon Corporation (BK) at 5.53%. This indicates that IPOS's price experiences larger fluctuations and is considered to be riskier than BK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IPOS | BK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.75% | 5.53% | +10.22% |
Volatility (6M)Calculated over the trailing 6-month period | 24.15% | 15.96% | +8.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.25% | 23.72% | +5.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.52% | 24.63% | +1.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.70% | 27.11% | -3.41% |