IPOS vs. MSFT
Compare and contrast key facts about Renaissance International IPO ETF (IPOS) and Microsoft Corporation (MSFT).
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. MSFT - Performance Comparison
Loading graphics...
IPOS vs. MSFT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IPOS Renaissance International IPO ETF | 7.91% | 39.93% | -12.34% | -16.49% | -33.46% | -30.62% | 50.71% | 30.93% | -22.33% | 36.83% |
MSFT Microsoft Corporation | -23.28% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 42.53% | 57.56% | 20.80% | 40.73% |
Returns By Period
In the year-to-date period, IPOS achieves a 7.91% return, which is significantly higher than MSFT's -23.28% return. Over the past 10 years, IPOS has underperformed MSFT with an annualized return of 0.20%, while MSFT has yielded a comparatively higher 22.44% annualized return.
IPOS
- 1D
- 3.24%
- 1M
- -8.63%
- YTD
- 7.91%
- 6M
- 4.10%
- 1Y
- 44.00%
- 3Y*
- 4.31%
- 5Y*
- -12.01%
- 10Y*
- 0.20%
MSFT
- 1D
- 3.12%
- 1M
- -5.75%
- YTD
- -23.28%
- 6M
- -28.23%
- 1Y
- -0.64%
- 3Y*
- 9.54%
- 5Y*
- 9.74%
- 10Y*
- 22.44%
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. MSFT — Risk / Return Rank
IPOS
MSFT
IPOS vs. MSFT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Renaissance International IPO ETF (IPOS) and Microsoft Corporation (MSFT). 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 | MSFT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.52 | -0.02 | +1.54 |
Sortino ratioReturn per unit of downside risk | 1.95 | 0.15 | +1.79 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.02 | +0.28 |
Calmar ratioReturn relative to maximum drawdown | 2.49 | -0.05 | +2.54 |
Martin ratioReturn relative to average drawdown | 7.61 | -0.12 | +7.74 |
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 | MSFT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.52 | -0.02 | +1.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.46 | 0.37 | -0.83 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.01 | 0.84 | -0.83 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.00 | 0.74 | -0.74 |
Correlation
The correlation between IPOS and MSFT is 0.33, 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. MSFT - Dividend Comparison
IPOS's dividend yield for the trailing twelve months is around 0.88%, less than MSFT's 0.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPOS Renaissance International IPO ETF | 0.88% | 1.04% | 0.93% | 0.33% | 0.00% | 0.00% | 0.25% | 0.89% | 1.12% | 0.87% | 1.73% | 1.08% |
MSFT Microsoft Corporation | 0.94% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
Drawdowns
IPOS vs. MSFT - Drawdown Comparison
The maximum IPOS drawdown since its inception was -73.09%, which is greater than MSFT's maximum drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for IPOS and MSFT.
Loading graphics...
Drawdown Indicators
| IPOS | MSFT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.09% | -69.38% | -3.71% |
Max Drawdown (1Y)Largest decline over 1 year | -17.17% | -33.91% | +16.74% |
Max Drawdown (5Y)Largest decline over 5 years | -70.33% | -37.15% | -33.18% |
Max Drawdown (10Y)Largest decline over 10 years | -73.09% | -37.15% | -35.94% |
Current DrawdownCurrent decline from peak | -54.15% | -31.43% | -22.72% |
Average DrawdownAverage peak-to-trough decline | -31.77% | -21.77% | -10.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.62% | 12.46% | -6.84% |
Volatility
IPOS vs. MSFT - Volatility Comparison
Renaissance International IPO ETF (IPOS) has a higher volatility of 17.95% compared to Microsoft Corporation (MSFT) at 6.48%. This indicates that IPOS's price experiences larger fluctuations and is considered to be riskier than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IPOS | MSFT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.95% | 6.48% | +11.47% |
Volatility (6M)Calculated over the trailing 6-month period | 23.95% | 19.15% | +4.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.09% | 26.46% | +2.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.49% | 26.19% | +0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.69% | 26.89% | -3.20% |