IPO vs. PEZ ETF Comparison
Comparison of Renaissance IPO ETF (IPO) to PowerShares Dynamic Consumer Discretionary (PEZ)
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
28
PEZ
PowerShares Dynamic Consumer Discretionary
PEZ Description
The PowerShares Dynamic Consumer Discretionary Sector Portfolio (Fund) is based on the Dynamic Consumer Discretionary Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US consumer companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including retail, automotive, leisure and recreation, media and real estate. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$94.22
Average Daily Volume
6,838
39
Performance
| Period | IPO | PEZ |
|---|---|---|
| 30 Days | 2.94% | -3.22% |
| 60 Days | 4.73% | 0.03% |
| 90 Days | 1.99% | 0.54% |
| 12 Months | 26.42% | 40.93% |
1 Overlapping Holdings
| Symbol | Grade | Weight in IPO | Weight in PEZ | Overlap | |
|---|---|---|---|---|---|
| DUOL | F | 3.79% | 2.54% | 2.54% |
IPO Overweight 27 Positions Relative to PEZ
| 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% | |
| 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 38 Positions Relative to PEZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| ANF | C | -7.02% | |
| MOD | B | -5.82% | |
| DKS | C | -4.95% | |
| CMG | D | -4.75% | |
| DECK | C | -4.23% | |
| WING | B | -4.17% | |
| CVNA | B | -4.03% | |
| TOL | D | -3.46% | |
| RCL | B | -3.44% | |
| TPX | D | -3.13% | |
| MCK | B | -3.01% | |
| NFLX | A | -2.9% | |
| TXRH | B | -2.52% | |
| PHM | D | -2.42% | |
| GPS | C | -2.39% | |
| NVR | D | -2.35% | |
| CAH | D | -2.31% | |
| DKNG | F | -2.21% | |
| H | C | -2.15% | |
| SKYW | B | -2.13% | |
| RL | C | -2.12% | |
| RRR | B | -2.05% | |
| BLD | D | -2.03% | |
| SGBX | F | -1.94% | |
| MHO | D | -1.92% | |
| SIG | D | -1.87% | |
| DASH | C | -1.83% | |
| BECN | D | -1.79% | |
| PVH | F | -1.77% | |
| KTB | D | -1.76% | |
| SKY | F | -1.37% | |
| IBP | D | -1.34% | |
| TMHC | D | -1.3% | |
| GTX | D | -1.29% | |
| ARHS | C | -1.04% | |
| GRBK | C | -0.99% | |
| BZH | F | -0.81% | |
| DFH | F | -0.72% |
IPO: Top Represented Industries & Keywords
PEZ: Top Represented Industries & Keywords
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