HACK vs. IPO ETF Comparison

Comparison of ETFMG Prime Cyber Security ETF (HACK) to Renaissance IPO ETF (IPO)

HACK

ETFMG Prime Cyber Security ETF

HACK Description

The investment seeks investment results that, before fees and expenses, correspond generally to the price and yield performance of the Prime Cyber Defense Index. The fund invests at least 80% of its total assets in the component securities of the index and in ADRs and GDRs based on the component securities in the index. The index tracks the performance of the exchange-listed equity securities of companies across the globe that (i) engage in providing cybersecurity applications or services as a vital component of its overall business or (ii) provide hardware or software for cybersecurity activities as a vital component of its overall business.

Grade (RS Rating)

Last Trade

$73.25

Average Daily Volume

69,051

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$45.56

Average Daily Volume

29,456

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HACK	IPO
30 Days	3.61%	2.13%
60 Days	7.76%	6.15%
90 Days	8.20%	8.19%
12 Months	32.37%	37.53%

1 Overlapping Holdings

	Symbol	Grade	Weight in HACK	Weight in IPO	Overlap
	RBRK	A	2.57%	1.62%	1.62%

HACK Overweight 22 Positions Relative to IPO

Symbol	Grade	Weight
AVGO	D	9.71%
CSCO	B	7.55%
PANW	B	6.25%
CRWD	B	6.08%
FTNT	C	5.84%
GD	D	5.33%
NOC	D	4.95%
LDOS	C	4.51%
NET	B	4.17%
BAH	F	3.87%
ZS	B	3.81%
GEN	B	3.79%
FFIV	B	3.74%
CYBR	A	3.29%
S	B	3.29%
CHKP	C	3.24%
OKTA	C	3.12%
QLYS	B	2.97%
VRNS	D	2.53%
TENB	C	2.5%
RPD	B	2.27%
FSLY	D	1.94%

HACK Underweight 16 Positions Relative to IPO

Symbol	Grade	Weight
NU	C	-9.95%
KVUE	A	-9.28%
ARM	F	-8.6%
RIVN	F	-6.46%
CRBG	B	-5.74%
GTLB	B	-4.71%
TPG	A	-3.62%
HCP	B	-3.13%
GFS	C	-2.72%
RDDT	A	-2.19%
BRZE	C	-1.56%
INFA	D	-1.34%
BIRK	D	-1.15%
FLNC	D	-0.8%
BLCO	B	-0.52%
ZK	D	-0.4%