IPO vs. FINE ETF Comparison

Comparison of Renaissance IPO ETF (IPO) to Themes European Luxury ETF (FINE)

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

Number of Holdings ^*

17

* may have additional holdings in another (foreign) market

FINE

Themes European Luxury ETF

FINE Description

The index is designed to provide exposure to European companies that have business operations in the luxury industry. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.92

Average Daily Volume

367

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	IPO	FINE
30 Days	5.12%	1.91%
60 Days	18.48%	5.66%
90 Days	3.66%	-1.48%
12 Months	38.40%

0 Overlapping Holdings

	Symbol	Grade	Weight in IPO	Weight in FINE	Overlap

IPO Overweight 17 Positions Relative to FINE

	Symbol	Grade	Weight
	NU	D	10.11%
	KVUE	C	9.95%
	ARM	C	9.79%
	RIVN	F	6.83%
	CRBG	B	5.16%
	GTLB	D	4.41%
	TPG	A	3.46%
	HCP	A	3.35%
	GFS	F	2.69%
	BRZE	F	1.5%
	BIRK	F	1.38%
	RBRK	D	1.31%
	RDDT	B	1.19%
	INFA	D	1.16%
	FLNC	C	0.95%
	BLCO	C	0.54%
	ZK	C	0.27%

IPO Underweight 1 Positions Relative to FINE

	Symbol	Grade	Weight
	CPRI	C	-4.1%

IPO: Top Represented Industries & Keywords

Industries: Software - Infrastructure Asset Management Auto Manufacturers Semiconductors Software - Application Banks - Diversified Footwear & Accessories Household & Personal Products Internet Content & Information Medical Instruments & Supplies Utilities - Renewable

Keywords: Computing Nasdaq 100 Advisory Services Bank Banking Data Management Fabless Semiconductor Companies Semiconductor Allergy Alternative Payments Annuities Artificial Intelligence Backup Software Baseband Processor Brokerage Products Business Process Management Care Products Cars Cataract Surgery Cataracts

FINE: Top Represented Industries & Keywords

Industries: Apparel Manufacturing

Keywords: Asset Crafts Craftsman Eye Eyewear Fashion Fragrance Products Luxury Brands Wearable Technology