IPO vs. PHO ETF Comparison
Comparison of Renaissance IPO ETF (IPO) to Invesco Water Resources ETF (PHO)
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
$41.09
Average Daily Volume
23,198
28
PHO
Invesco Water Resources ETF
PHO Description
The PowerShares Water Resources Portfolio (Fund) is based on the NASDAQ OMX US Water Index. The Fund generally will invest at least 90% of its total assets in common stocks and American depositary receipts (ADRs) of companies in the water industry that comprise the Underlying Index. The Underlying Index seeks to track the performance of US exchange-listed companies that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.Grade (RS Rating)
Last Trade
$66.24
Average Daily Volume
77,578
36
Performance
| Period | IPO | PHO |
|---|---|---|
| 30 Days | 3.81% | 1.35% |
| 60 Days | 7.45% | -2.72% |
| 90 Days | 5.33% | 3.71% |
| 12 Months | 19.26% | 16.88% |
1 Overlapping Holdings
| Symbol | Grade | Weight in IPO | Weight in PHO | Overlap | |
|---|---|---|---|---|---|
| CNM | D | 4.04% | 3.5% | 3.5% |
IPO Overweight 27 Positions Relative to PHO
| Symbol | Grade | Weight | |
|---|---|---|---|
| NU | B | 10.37% | |
| ARM | C | 9.88% | |
| KVUE | F | 9.59% | |
| HOOD | C | 7.18% | |
| RIVN | C | 6.24% | |
| ONON | D | 4.6% | |
| CRBG | C | 3.63% | |
| DUOL | F | 3.53% | |
| GTLB | D | 3.07% | |
| RYAN | C | 2.88% | |
| GFS | C | 2.57% | |
| S | D | 2.28% | |
| BROS | C | 1.92% | |
| TPG | C | 1.67% | |
| HCP | B | 1.59% | |
| FRSH | F | 1.26% | |
| NUVL | C | 1.12% | |
| BRZE | F | 0.99% | |
| INFA | D | 0.96% | |
| RDDT | C | 0.9% | |
| BIRK | C | 0.7% | |
| PWSC | C | 0.65% | |
| FLNC | F | 0.51% | |
| ACT | B | 0.43% | |
| RBRK | D | 0.36% | |
| BLCO | C | 0.3% | |
| INST | C | 0.26% |
IPO Underweight 35 Positions Relative to PHO
| Symbol | Grade | Weight | |
|---|---|---|---|
| ROP | C | -8.67% | |
| ECL | A | -8.37% | |
| AWK | C | -8.06% | |
| VLTO | D | -6.92% | |
| TTC | C | -4.55% | |
| ACM | D | -4.01% | |
| AOS | C | -3.99% | |
| XYL | D | -3.88% | |
| IEX | D | -3.85% | |
| WAT | D | -3.83% | |
| PNR | D | -3.78% | |
| WMS | D | -3.7% | |
| WTRG | C | -3.23% | |
| TTEK | D | -2.96% | |
| VMI | B | -2.37% | |
| ITRI | D | -2.24% | |
| MLI | B | -1.94% | |
| BMI | C | -1.71% | |
| WTS | D | -1.37% | |
| ZWS | D | -1.33% | |
| MWA | B | -1.23% | |
| CWT | C | -1.01% | |
| FELE | C | -0.95% | |
| AWR | C | -0.93% | |
| SBS | C | -0.79% | |
| LNN | F | -0.6% | |
| SJW | D | -0.58% | |
| MSEX | D | -0.37% | |
| ERII | D | -0.31% | |
| CWCO | F | -0.22% | |
| GRC | B | -0.21% | |
| YORW | C | -0.11% | |
| ARTNA | C | -0.1% | |
| NWPX | C | -0.08% | |
| GWRS | D | -0.02% |
IPO: Top Represented Industries & Keywords
PHO: Top Represented Industries & Keywords
Compare ETFs
