IPO vs. BUL ETF Comparison

Comparison of Renaissance IPO ETF (IPO) to Pacer US Cash Cows Growth ETF (BUL)
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

$46.12

Average Daily Volume

29,831

Number of Holdings *

17

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

Pacer US Cash Cows Growth ETF

BUL Description The investment seeks to track the total return performance, before fees and expenses, of the Pacer US Cash Cows Growth Index. The index uses an objective, rules-based methodology to provide exposure to mid- and large-capitalization U.S. companies with high free cash flow yields. Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$49.11

Average Daily Volume

7,119

Number of Holdings *

49

* may have additional holdings in another (foreign) market
Performance
Period IPO BUL
30 Days 5.01% 7.31%
60 Days 7.00% 6.75%
90 Days 9.52% 8.08%
12 Months 39.22% 40.95%
0 Overlapping Holdings
Symbol Grade Weight in IPO Weight in BUL Overlap
IPO Overweight 17 Positions Relative to BUL
Symbol Grade Weight
NU C 9.95%
KVUE A 9.28%
ARM D 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 B 2.19%
RBRK A 1.62%
BRZE C 1.56%
INFA D 1.34%
BIRK D 1.15%
FLNC C 0.8%
BLCO D 0.52%
ZK D 0.4%
IPO Underweight 49 Positions Relative to BUL
Symbol Grade Weight
CRM B -5.97%
BKNG A -5.95%
LULU C -5.03%
FANG D -4.91%
LRCX F -4.25%
AMAT F -4.22%
NVR D -3.52%
DECK A -3.43%
GDDY A -3.42%
FTV C -3.39%
PHM D -3.39%
EME C -3.07%
EXPE B -2.97%
WSM B -2.82%
BLDR D -2.6%
RS B -2.2%
FIX A -2.17%
OC A -2.15%
PSTG D -2.08%
TOL B -1.96%
NVT B -1.57%
OVV B -1.54%
LECO B -1.47%
COKE C -1.38%
BLD D -1.35%
AIT A -1.3%
EXP A -1.29%
MEDP D -1.29%
WYNN D -1.29%
EXEL B -1.26%
SKX D -1.16%
DBX B -1.12%
FN D -1.04%
CE F -1.02%
CHRD D -1.02%
UFPI B -1.0%
ESAB B -0.94%
ANF C -0.89%
BYD C -0.84%
LNTH D -0.77%
WFRD D -0.77%
CROX D -0.75%
HALO F -0.74%
RMBS C -0.73%
VNT B -0.73%
QLYS C -0.69%
NEU C -0.66%
LOPE B -0.61%
BCO D -0.52%
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