IPO vs. DIVZ ETF Comparison
Comparison of Renaissance IPO ETF (IPO) to TrueShares Low Volatility Equity Income ETF (DIVZ)
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
$42.43
Average Daily Volume
42,489
17
DIVZ
TrueShares Low Volatility Equity Income ETF
DIVZ Description
The investment seeks to provide capital appreciation with lower volatility and a higher dividend yield compared to the S&P 500 Index. The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing 25-35 stocks of companies that pay dividends and expect to grow the dividends over time and are trading at attractive valuations at the time of the investment. Under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes, will be invested in equity securities, including common stocks and American Depositary Receipts (ADRs). The fund is non-diversified.Grade (RS Rating)
Last Trade
$32.91
Average Daily Volume
19,219
30
Performance
| Period | IPO | DIVZ |
|---|---|---|
| 30 Days | 5.12% | 2.29% |
| 60 Days | 18.48% | 8.85% |
| 90 Days | 3.66% | 8.61% |
| 12 Months | 38.40% | 27.51% |
1 Overlapping Holdings
| Symbol | Grade | Weight in IPO | Weight in DIVZ | Overlap | |
|---|---|---|---|---|---|
| KVUE | C | 9.95% | 3.2% | 3.2% |
IPO Underweight 29 Positions Relative to DIVZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| NEE | C | -5.91% | |
| BTI | D | -5.08% | |
| VZ | C | -4.66% | |
| PM | D | -4.46% | |
| XOM | A | -3.8% | |
| KMI | A | -3.66% | |
| SBUX | B | -3.64% | |
| MDT | C | -3.58% | |
| UPS | D | -3.54% | |
| KO | C | -3.47% | |
| C | B | -3.12% | |
| APD | C | -3.11% | |
| UNH | B | -3.05% | |
| AEP | C | -3.04% | |
| HSY | D | -3.04% | |
| JNJ | D | -3.0% | |
| D | A | -2.98% | |
| PFE | D | -2.82% | |
| PEP | F | -2.62% | |
| CVX | B | -2.6% | |
| OWL | A | -2.41% | |
| ORCL | A | -2.28% | |
| GPC | D | -2.2% | |
| AVGO | B | -2.15% | |
| GS | B | -2.08% | |
| MS | A | -1.92% | |
| EOG | B | -1.79% | |
| LMT | A | -1.43% | |
| QCOM | D | -0.88% |
IPO: Top Represented Industries & Keywords
DIVZ: Top Represented Industries & Keywords
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