GFOF vs. IPO ETF Comparison
Comparison of Grayscale Future of Finance ETF (GFOF) to Renaissance IPO ETF (IPO)
GFOF
Grayscale Future of Finance ETF
GFOF Description
Grayscale Future of Finance ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Grayscale Advisors, LLC and Vident Investment Advisory, LLC. It It invests in the public equity markets across the globe. The fund seeks to invest in securities of companies operating in the enabling of buying, selling, and transacting in digital assets, the development of the infrastructure to create applications utilizing blockchain technology, the supply of infrastructure around the digital asset ecosystem, and the mining of digital assets. The fund invests in growth and value stocks of companies across all market capitalizations. The fund seeks to track the performance of the Bloomberg Grayscale Future of Finance Index, by using full replication technique. Grayscale Future of Finance ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$17.79
Average Daily Volume
1,904
13
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
$43.52
Average Daily Volume
54,354
29
Performance
| Period | GFOF | IPO |
|---|---|---|
| 30 Days | -2.27% | 4.75% |
| 60 Days | -18.36% | 3.83% |
| 90 Days | -12.99% | 8.43% |
| 12 Months | 57.73% | 32.55% |
1 Overlapping Holdings
| Symbol | Grade | Weight in GFOF | Weight in IPO | Overlap | |
|---|---|---|---|---|---|
| HOOD | C | 7.8% | 6.38% | 6.38% |
GFOF Underweight 28 Positions Relative to IPO
| Symbol | Grade | Weight | |
|---|---|---|---|
| NU | B | -12.14% | |
| KVUE | B | -11.76% | |
| ARM | D | -6.71% | |
| ONON | B | -5.65% | |
| RIVN | F | -5.36% | |
| CNM | F | -3.85% | |
| DUOL | B | -3.75% | |
| CRBG | D | -3.65% | |
| RYAN | C | -3.27% | |
| GTLB | D | -2.62% | |
| S | C | -2.6% | |
| GFS | F | -2.08% | |
| TPG | B | -2.03% | |
| HCP | A | -1.61% | |
| BROS | D | -1.4% | |
| NUVL | C | -1.31% | |
| FRSH | F | -1.16% | |
| BRZE | F | -1.12% | |
| BIRK | D | -0.97% | |
| INFA | D | -0.77% | |
| RDDT | D | -0.72% | |
| PWSC | C | -0.66% | |
| FLNC | C | -0.52% | |
| ACT | A | -0.51% | |
| RBRK | F | -0.38% | |
| BLCO | B | -0.33% | |
| INST | D | -0.25% | |
| ZK | F | -0.17% |
GFOF: Top Represented Industries & Keywords
IPO: Top Represented Industries & Keywords
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