IPO vs. PILL ETF Comparison
Comparison of Renaissance IPO ETF (IPO) to Direxion Daily Pharmaceutical & Medical Bull 3X Shares ETF (PILL)
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
PILL
Direxion Daily Pharmaceutical & Medical Bull 3X Shares ETF
PILL Description
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P Pharmaceuticals Select Industry Index. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is a modified equal-weighted index that is designed to measure performance of the stocks comprising the S&P Total Market Index that are classified in the GICS pharmaceuticals sub-industry. The fund is non-diversified.Grade (RS Rating)
Last Trade
$8.23
Average Daily Volume
67,940
44
Performance
| Period | IPO | PILL |
|---|---|---|
| 30 Days | 5.12% | 0.61% |
| 60 Days | 18.48% | 17.57% |
| 90 Days | 3.66% | 37.17% |
| 12 Months | 38.40% | 26.46% |
0 Overlapping Holdings
| Symbol | Grade | Weight in IPO | Weight in PILL | Overlap |
|---|
IPO Underweight 44 Positions Relative to PILL
| Symbol | Grade | Weight | |
|---|---|---|---|
| CORT | B | -3.21% | |
| ZTS | C | -2.88% | |
| BMY | A | -2.88% | |
| RPRX | D | -2.87% | |
| CTLT | A | -2.86% | |
| JAZZ | F | -2.86% | |
| VTRS | D | -2.82% | |
| PFE | D | -2.8% | |
| LLY | D | -2.78% | |
| JNJ | D | -2.76% | |
| MRK | F | -2.76% | |
| ITCI | D | -2.74% | |
| AXSM | D | -2.7% | |
| ELAN | D | -2.68% | |
| OGN | F | -2.65% | |
| PRGO | F | -2.61% | |
| SAVA | D | -2.56% | |
| EWTX | B | -2.22% | |
| ARVN | F | -2.02% | |
| PBH | D | -1.76% | |
| AMPH | C | -1.76% | |
| LBPH | D | -1.76% | |
| TARS | C | -1.63% | |
| COLL | A | -1.54% | |
| SUPN | D | -1.5% | |
| PCRX | D | -1.37% | |
| LGND | C | -1.25% | |
| ANIP | F | -1.25% | |
| HRMY | D | -1.2% | |
| OCUL | B | -1.04% | |
| AMRX | B | -1.01% | |
| HROW | B | -0.99% | |
| FULC | F | -0.83% | |
| INVA | B | -0.79% | |
| PHAT | C | -0.78% | |
| LQDA | F | -0.74% | |
| MNMD | F | -0.71% | |
| PLRX | F | -0.62% | |
| EOLS | C | -0.59% | |
| EYPT | F | -0.59% | |
| ELVN | A | -0.51% | |
| WVE | C | -0.51% | |
| NUVB | F | -0.42% | |
| XERS | B | -0.35% |
IPO: Top Represented Industries & Keywords
PILL: Top Represented Industries & Keywords
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