IPO vs. DVLU ETF Comparison
Comparison of Renaissance IPO ETF (IPO) to First Trust Dorsey Wright Momentum & Value ETF (DVLU)
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
DVLU
First Trust Dorsey Wright Momentum & Value ETF
DVLU Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Value Index (the "index"). Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is a rules-based equity index designed to track the overall performance of the 50 most undervalued stocks comprising the NASDAQ US Large Mid Index that exhibit high levels of "relative strength." The fund is non-diversified.Grade (RS Rating)
Last Trade
$31.02
Average Daily Volume
5,049
48
Performance
| Period | IPO | DVLU |
|---|---|---|
| 30 Days | 5.12% | 3.55% |
| 60 Days | 18.48% | 12.03% |
| 90 Days | 3.66% | 12.97% |
| 12 Months | 38.40% | 41.93% |
1 Overlapping Holdings
| Symbol | Grade | Weight in IPO | Weight in DVLU | Overlap | |
|---|---|---|---|---|---|
| CRBG | B | 5.16% | 2.98% | 2.98% |
IPO Underweight 47 Positions Relative to DVLU
| Symbol | Grade | Weight | |
|---|---|---|---|
| PHM | C | -3.61% | |
| JLL | C | -3.3% | |
| THC | D | -3.12% | |
| USFD | C | -3.04% | |
| TRV | B | -3.03% | |
| COF | A | -3.03% | |
| RGA | B | -3.01% | |
| BPOP | D | -2.97% | |
| NRG | A | -2.89% | |
| SYF | A | -2.84% | |
| FCNCA | D | -2.79% | |
| AIG | C | -2.71% | |
| OMF | D | -2.69% | |
| OC | C | -2.65% | |
| SF | A | -2.58% | |
| WLK | C | -2.54% | |
| HCA | C | -2.47% | |
| WFC | B | -2.33% | |
| ACGL | A | -2.31% | |
| TXT | F | -2.22% | |
| JEF | A | -2.13% | |
| PR | D | -2.12% | |
| NSIT | B | -2.02% | |
| ALL | A | -1.97% | |
| CROX | C | -1.77% | |
| AFL | A | -1.72% | |
| MCK | F | -1.71% | |
| GS | B | -1.68% | |
| OKE | A | -1.67% | |
| NVR | C | -1.51% | |
| RL | B | -1.48% | |
| JPM | C | -1.45% | |
| CACI | A | -1.43% | |
| DKS | D | -1.4% | |
| PSN | A | -1.27% | |
| DVA | C | -1.26% | |
| PKG | B | -1.24% | |
| FANG | D | -1.24% | |
| FLR | B | -1.2% | |
| URI | C | -1.17% | |
| MUSA | D | -1.14% | |
| APG | F | -1.06% | |
| WSM | C | -1.05% | |
| CASY | D | -0.97% | |
| WAB | A | -0.96% | |
| AMP | A | -0.96% | |
| GNRC | B | -0.92% |
IPO: Top Represented Industries & Keywords
DVLU: Top Represented Industries & Keywords
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