FLV vs. IPO ETF Comparison
Comparison of American Century Focused Large Cap Value ETF (FLV) to Renaissance IPO ETF (IPO)
FLV
American Century Focused Large Cap Value ETF
FLV Description
The investment seeks long-term capital growth. Under normal market conditions, the portfolio managers will invest at least 80% of the fund's assets in securities of large capitalization companies. The portfolio managers may sell stocks from the fund's portfolio if they believe a stock no longer meets their valuation criteria, a stock's risk parameters outweigh its return opportunity, more attractive alternatives are identified or specific events alter a stock's prospects.
Grade (RS Rating)
Last Trade
$70.19
Average Daily Volume
6,046
38
IPO
Renaissance IPO ETF
IPO Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance IPO Index. The remaining 20% may be used to purchase securities not in the index that are an appropriate substitute for certain securities in the index in order to track the index. The index is comprised of common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$44.70
Average Daily Volume
26,438
17
Performance
| Period | FLV | IPO |
|---|---|---|
| 30 Days | -0.41% | 0.75% |
| 60 Days | 0.98% | 4.16% |
| 90 Days | 4.00% | 8.87% |
| 12 Months | 20.53% | 33.46% |
1 Overlapping Holdings
| Symbol | Grade | Weight in FLV | Weight in IPO | Overlap | |
|---|---|---|---|---|---|
| KVUE | A | 1.86% | 9.28% | 1.86% |
FLV Overweight 37 Positions Relative to IPO
| Symbol | Grade | Weight | |
|---|---|---|---|
| JNJ | D | 7.21% | |
| UL | D | 4.05% | |
| MDT | D | 3.91% | |
| DUK | C | 3.81% | |
| ZBH | C | 3.78% | |
| UPS | C | 3.57% | |
| NSC | B | 3.55% | |
| JPM | A | 3.04% | |
| ADI | D | 3.03% | |
| TFC | A | 3.01% | |
| OKE | A | 2.9% | |
| XOM | B | 2.85% | |
| BRK.A | B | 2.54% | |
| ATO | A | 2.47% | |
| UNH | C | 2.28% | |
| GIS | F | 2.27% | |
| CSCO | B | 2.19% | |
| HSIC | C | 2.14% | |
| BDX | F | 2.07% | |
| SCHW | A | 2.03% | |
| AMT | D | 2.01% | |
| BK | B | 1.98% | |
| RGA | B | 1.92% | |
| ALL | A | 1.85% | |
| BUD | F | 1.85% | |
| VZ | C | 1.83% | |
| MDLZ | F | 1.83% | |
| CAG | F | 1.81% | |
| FFIV | B | 1.74% | |
| KMB | C | 1.7% | |
| GPK | D | 1.55% | |
| ROK | B | 1.51% | |
| SNY | F | 1.5% | |
| RTX | D | 1.49% | |
| MMC | D | 1.25% | |
| DGX | A | 1.03% | |
| TTE | F | 0.94% |
FLV: Top Represented Industries & Keywords
IPO: Top Represented Industries & Keywords
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