IPO vs. ACSI ETF Comparison

Comparison of Renaissance IPO ETF (IPO) to American Customer Satisfaction Core Alpha ETF (ACSI)
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

$40.94

Average Daily Volume

23,500

Number of Holdings *

28

* may have additional holdings in another (foreign) market
ACSI

American Customer Satisfaction Core Alpha ETF

ACSI Description American Customer Satisfaction Core Alpha ETF (the %u201CFund%u201D) seeks to track the performance, before fees and expenses, of the American Customer Satisfaction Investable Index (the %u201CIndex%u201D).

Grade (RS Rating)

Last Trade

$56.10

Average Daily Volume

146

Number of Holdings *

33

* may have additional holdings in another (foreign) market
Performance
Period IPO ACSI
30 Days 2.94% 3.91%
60 Days 4.73% 6.61%
90 Days 1.99% 9.83%
12 Months 26.42% 21.33%
0 Overlapping Holdings
Symbol Grade Weight in IPO Weight in ACSI Overlap
IPO Overweight 28 Positions Relative to ACSI
Symbol Grade Weight
NU B 10.57%
KVUE F 9.8%
ARM A 9.05%
HOOD B 7.44%
RIVN C 5.9%
ONON C 4.79%
CNM D 4.03%
DUOL F 3.79%
CRBG C 3.69%
RYAN B 2.96%
GTLB C 2.9%
GFS C 2.47%
S C 2.36%
BROS B 1.91%
TPG D 1.74%
HCP A 1.6%
FRSH D 1.27%
NUVL C 1.21%
BRZE D 0.98%
INFA B 0.98%
RDDT B 0.8%
BIRK B 0.68%
PWSC B 0.66%
FLNC F 0.57%
ACT C 0.44%
RBRK C 0.35%
BLCO F 0.3%
INST B 0.26%
IPO Underweight 33 Positions Relative to ACSI
Symbol Grade Weight
AAPL A -9.45%
COST A -6.26%
GOOG A -5.88%
AMZN A -5.24%
MSFT A -5.1%
JPM B -4.29%
KDP D -3.7%
HUM C -3.5%
UNH D -3.19%
TSLA B -3.05%
AIG D -2.95%
PINS B -2.89%
FDX B -2.84%
MSI B -2.67%
TMUS B -2.55%
SKX C -2.52%
T B -2.47%
ALK F -2.44%
NFLX A -2.44%
TXRH B -2.43%
TSCO D -2.29%
VZ B -2.23%
HLT B -2.21%
MS B -2.18%
SCHW D -2.09%
YUM D -2.08%
ORLY C -2.02%
LEVI D -2.02%
AEO F -1.72%
CLX D -1.59%
DUK C -1.2%
ATO D -1.16%
BRK.A C -1.13%
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