IPO vs. PSCT ETF Comparison
Comparison of Renaissance IPO ETF (IPO) to PowerShares S&P SmallCap Information Technology Portfolio (PSCT)
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
$38.53
Average Daily Volume
48,671
29
PSCT
PowerShares S&P SmallCap Information Technology Portfolio
PSCT Description
The PowerShares S&P SmallCap Information Technology Portfolio (Fund) is based on the S&P SmallCap 600® Capped Information Technology Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US information technology companies. These companies are principally engaged in the business of providing information technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors and communication technologies. The Index is a subset of the S&P SmallCap 600® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$47.02
Average Daily Volume
25,346
61
Performance
| Period | IPO | PSCT |
|---|---|---|
| 30 Days | -4.27% | -0.23% |
| 60 Days | -1.77% | 0.17% |
| 90 Days | 0.05% | 3.21% |
| 12 Months | 10.55% | -1.93% |
0 Overlapping Holdings
| Symbol | Grade | Weight in IPO | Weight in PSCT | Overlap |
|---|
IPO Overweight 29 Positions Relative to PSCT
| Symbol | Grade | Weight | |
|---|---|---|---|
| NU | C | 10.31% | |
| KVUE | D | 9.9% | |
| ARM | D | 8.24% | |
| HOOD | D | 7.11% | |
| RIVN | C | 6.76% | |
| ONON | C | 4.78% | |
| CNM | C | 4.25% | |
| CRBG | D | 3.78% | |
| GTLB | D | 3.2% | |
| DUOL | F | 3.12% | |
| RYAN | A | 3.06% | |
| S | C | 2.68% | |
| GFS | D | 2.53% | |
| TPG | B | 2.07% | |
| BROS | D | 1.72% | |
| HCP | A | 1.63% | |
| FRSH | F | 1.35% | |
| NUVL | C | 1.28% | |
| BIRK | B | 1.1% | |
| BRZE | C | 1.09% | |
| RDDT | F | 0.8% | |
| INFA | D | 0.77% | |
| PWSC | B | 0.67% | |
| ACT | B | 0.5% | |
| FLNC | F | 0.48% | |
| RBRK | C | 0.4% | |
| BLCO | B | 0.32% | |
| INST | D | 0.26% | |
| ZK | F | 0.18% |
IPO Underweight 61 Positions Relative to PSCT
| Symbol | Grade | Weight | |
|---|---|---|---|
| SPSC | B | -4.91% | |
| FN | D | -4.89% | |
| NSIT | C | -3.96% | |
| BMI | B | -3.79% | |
| MARA | D | -3.44% | |
| ITRI | C | -2.97% | |
| ACIW | B | -2.88% | |
| SANM | B | -2.6% | |
| AEIS | C | -2.59% | |
| BOX | B | -2.59% | |
| FORM | D | -2.49% | |
| ACLS | F | -2.44% | |
| DXC | C | -2.33% | |
| DIOD | C | -2.28% | |
| ALRM | C | -2.28% | |
| PLXS | B | -2.19% | |
| ENV | D | -1.98% | |
| IDCC | A | -1.97% | |
| DV | C | -1.94% | |
| PRFT | A | -1.69% | |
| PRGS | B | -1.63% | |
| KLIC | F | -1.59% | |
| BL | F | -1.56% | |
| PLUS | B | -1.55% | |
| CALX | B | -1.52% | |
| SITM | C | -1.49% | |
| OSIS | B | -1.48% | |
| AGYS | B | -1.43% | |
| VECO | D | -1.4% | |
| TTMI | C | -1.35% | |
| ROG | D | -1.31% | |
| RAMP | F | -1.29% | |
| SMTC | D | -1.24% | |
| UCTT | D | -1.21% | |
| EXTR | D | -1.18% | |
| VIAV | D | -1.12% | |
| DOCN | F | -1.09% | |
| HLIT | B | -1.06% | |
| KN | C | -1.03% | |
| PLAB | F | -0.99% | |
| SEDG | F | -0.99% | |
| VSAT | C | -0.95% | |
| BHE | B | -0.94% | |
| ARLO | C | -0.94% | |
| COHU | F | -0.93% | |
| CTS | D | -0.93% | |
| NTCT | C | -0.91% | |
| XRX | F | -0.81% | |
| SCSC | C | -0.8% | |
| SGH | C | -0.74% | |
| CXM | F | -0.73% | |
| ICHR | F | -0.7% | |
| PDFS | D | -0.66% | |
| ATEN | F | -0.63% | |
| DGII | C | -0.62% | |
| NABL | D | -0.62% | |
| MXL | F | -0.62% | |
| AOSL | C | -0.6% | |
| CNXN | A | -0.51% | |
| CEVA | D | -0.29% | |
| CRSR | F | -0.22% |
IPO: Top Represented Industries & Keywords
PSCT: Top Represented Industries & Keywords
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