IPO vs. UTRN ETF Comparison
Comparison of Renaissance IPO ETF (IPO) to Vesper US Large Cap Short-Term Reversal Strategy ETF (UTRN)
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
UTRN
Vesper US Large Cap Short-Term Reversal Strategy ETF
UTRN Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Vesper U.S. Large Cap Short-Term Reversal Index (the 'index'). The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to measure the performance of a portfolio of 25 stocks selected from the S&P 500 that Vesper Capital Management, LLC believes will most likely benefit from the "short-term reversal" effect, as determined by applying a proprietary algorithm ("Chow's Ratio" or "Algorithm").Grade (RS Rating)
Last Trade
$26.02
Average Daily Volume
860
24
Performance
| Period | IPO | UTRN |
|---|---|---|
| 30 Days | 2.94% | 1.68% |
| 60 Days | 4.73% | 1.82% |
| 90 Days | 1.99% | 1.66% |
| 12 Months | 26.42% | 10.81% |
0 Overlapping Holdings
| Symbol | Grade | Weight in IPO | Weight in UTRN | Overlap |
|---|
IPO Overweight 28 Positions Relative to UTRN
| 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% | |
| DUOL | F | 3.79% | |
| 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 24 Positions Relative to UTRN
| Symbol | Grade | Weight | |
|---|---|---|---|
| AXON | C | -4.08% | |
| GLW | B | -4.04% | |
| AAL | F | -4.04% | |
| DLR | B | -4.04% | |
| IDXX | D | -4.04% | |
| HCA | C | -4.03% | |
| CTLT | B | -4.02% | |
| SBUX | F | -4.02% | |
| BKNG | B | -4.02% | |
| CTAS | A | -4.02% | |
| TXN | B | -4.01% | |
| XYL | D | -4.01% | |
| YUM | D | -4.01% | |
| KMB | B | -3.99% | |
| GWW | C | -3.99% | |
| PCAR | D | -3.98% | |
| IPG | F | -3.98% | |
| PAYX | D | -3.97% | |
| FIS | B | -3.97% | |
| FAST | D | -3.97% | |
| URI | D | -3.97% | |
| WAT | D | -3.96% | |
| SNA | F | -3.95% | |
| A | D | -3.92% |
IPO: Top Represented Industries & Keywords
UTRN: Top Represented Industries & Keywords
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