IPO vs. SCAP ETF Comparison
Comparison of Renaissance IPO ETF (IPO) to InfraCap Small Cap Income ETF (SCAP)
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
$45.60
Average Daily Volume
28,664
17
SCAP
InfraCap Small Cap Income ETF
SCAP Description
The investment seeks to provide total return through long-term capital appreciation and current income. The fund seeks to achieve its investment objective by investing in a diversified group of U.S.-traded equity securities consisting of common and preferred stock, ADRs, and REITs. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in small cap securities. The fund's sub-advisor generally defines a small cap company as one having a market capitalization less than the market cap of the largest company in the Russell 2000 Index at the time of acquisition.Grade (RS Rating)
Last Trade
$37.06
Average Daily Volume
2,557
42
Performance
| Period | IPO | SCAP |
|---|---|---|
| 30 Days | 0.56% | 2.52% |
| 60 Days | 4.03% | 2.12% |
| 90 Days | 9.86% | 6.27% |
| 12 Months | 35.97% |
0 Overlapping Holdings
| Symbol | Grade | Weight in IPO | Weight in SCAP | Overlap |
|---|
IPO Underweight 42 Positions Relative to SCAP
| Symbol | Grade | Weight | |
|---|---|---|---|
| HRI | C | -3.47% | |
| CASY | A | -3.17% | |
| MKSI | C | -3.04% | |
| EWBC | A | -3.02% | |
| GATX | A | -2.95% | |
| SM | C | -2.64% | |
| MUR | D | -2.62% | |
| PNFP | B | -2.61% | |
| CHRD | F | -2.6% | |
| PFBC | B | -2.58% | |
| ASIX | B | -2.51% | |
| PAGP | A | -2.46% | |
| NTB | B | -2.35% | |
| AVNT | B | -2.27% | |
| KRC | C | -2.09% | |
| BRX | A | -1.95% | |
| DKL | C | -1.94% | |
| POR | C | -1.92% | |
| AES | F | -1.89% | |
| NYT | D | -1.82% | |
| AGNC | C | -1.81% | |
| REXR | F | -1.79% | |
| WWD | B | -1.75% | |
| MCBS | B | -1.7% | |
| ESI | B | -1.65% | |
| JEF | A | -1.58% | |
| AB | A | -1.55% | |
| NTST | D | -1.53% | |
| EPRT | A | -1.5% | |
| BLMN | F | -1.46% | |
| SLM | A | -1.38% | |
| CELH | F | -1.36% | |
| PK | D | -1.31% | |
| AIZ | A | -1.22% | |
| WAL | B | -1.19% | |
| CHCT | C | -1.16% | |
| STAG | D | -1.12% | |
| MMI | B | -1.1% | |
| SBLK | F | -1.09% | |
| BPOP | C | -1.05% | |
| COOP | B | -1.02% | |
| VLYPP | A | -0.45% |
IPO: Top Represented Industries & Keywords
SCAP: Top Represented Industries & Keywords
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