IPOS vs. IPO
Compare and contrast key facts about Renaissance International IPO ETF (IPOS) and Renaissance IPO ETF (IPO).
IPOS and IPO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. 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. Both IPOS and IPO 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: IPOS or IPO.
Correlation
The correlation between IPOS and IPO is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IPOS vs. IPO - Performance Comparison
Key characteristics
IPOS:
-0.31
IPO:
-0.13
IPOS:
-0.28
IPO:
0.03
IPOS:
0.96
IPO:
1.00
IPOS:
-0.10
IPO:
-0.07
IPOS:
-0.61
IPO:
-0.45
IPOS:
12.02%
IPO:
8.91%
IPOS:
23.78%
IPO:
30.90%
IPOS:
-73.09%
IPO:
-68.76%
IPOS:
-69.24%
IPO:
-52.65%
Returns By Period
In the year-to-date period, IPOS achieves a 1.29% return, which is significantly higher than IPO's -17.36% return. Over the past 10 years, IPOS has underperformed IPO with an annualized return of -6.21%, while IPO has yielded a comparatively higher 3.98% annualized return.
IPOS
1.29%
-9.05%
-2.48%
-6.52%
-11.15%
-6.21%
IPO
-17.36%
-8.06%
-18.78%
-0.74%
3.83%
3.98%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IPOS vs. IPO - Expense Ratio Comparison
IPOS has a 0.80% expense ratio, which is higher than IPO's 0.60% expense ratio.
Risk-Adjusted Performance
IPOS vs. IPO — Risk-Adjusted Performance Rank
IPOS
IPO
IPOS vs. IPO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Renaissance International IPO ETF (IPOS) and Renaissance IPO ETF (IPO). 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.
Dividends
IPOS vs. IPO - Dividend Comparison
IPOS's dividend yield for the trailing twelve months is around 1.04%, more than IPO's 0.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPOS Renaissance International IPO ETF | 1.04% | 0.93% | 0.33% | 0.00% | 0.00% | 0.25% | 0.89% | 5.40% | 0.87% | 1.73% | 1.08% | 0.16% |
IPO Renaissance IPO ETF | 0.34% | 0.12% | 0.00% | 0.00% | 0.00% | 0.10% | 0.46% | 0.49% | 0.43% | 0.40% | 0.11% | 2.82% |
Drawdowns
IPOS vs. IPO - Drawdown Comparison
The maximum IPOS drawdown since its inception was -73.09%, which is greater than IPO's maximum drawdown of -68.76%. Use the drawdown chart below to compare losses from any high point for IPOS and IPO. For additional features, visit the drawdowns tool.
Volatility
IPOS vs. IPO - Volatility Comparison
The current volatility for Renaissance International IPO ETF (IPOS) is 13.87%, while Renaissance IPO ETF (IPO) has a volatility of 18.48%. This indicates that IPOS experiences smaller price fluctuations and is considered to be less risky than IPO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.