NDOW vs. IPO ETF Comparison
Comparison of Anydrus Advantage ETF (NDOW) to Renaissance IPO ETF (IPO)
NDOW
Anydrus Advantage ETF
NDOW Description
The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a combination of equity securities, fixed income securities and ETFs representing a broad range of asset classes. The fund seeks to provide attractive risk adjusted returns over market cycles by investing in a broadly diversified portfolio. In doing so, the fund seeks to provide investors with 1) reduced correlation to U.S. only stock and bond market movements, and 2) multiple alternative return sources that are independent from traditional U.S. stock and bond markets.
Grade (RS Rating)
Last Trade
$24.98
Average Daily Volume
2,592
37
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
$45.61
Average Daily Volume
28,664
17
Performance
| Period | NDOW | IPO |
|---|---|---|
| 30 Days | -1.36% | 0.56% |
| 60 Days | -1.56% | 4.03% |
| 90 Days | -0.02% | 9.86% |
| 12 Months | 35.97% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NDOW | Weight in IPO | Overlap |
|---|
NDOW Overweight 37 Positions Relative to IPO
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLIA | C | 9.25% | |
| IBTH | C | 8.45% | |
| VGIT | C | 8.32% | |
| IEI | D | 6.88% | |
| XEMD | A | 6.18% | |
| SCHI | C | 4.92% | |
| IDMO | D | 4.91% | |
| BSJS | A | 4.58% | |
| SPMO | B | 4.39% | |
| BKLC | A | 4.35% | |
| SCHD | B | 4.25% | |
| XSVN | D | 3.86% | |
| VGLT | D | 2.83% | |
| GLTR | C | 2.66% | |
| SRE | A | 1.03% | |
| ETN | B | 1.01% | |
| JPM | B | 0.99% | |
| BCC | C | 0.86% | |
| NEE | C | 0.85% | |
| NXPI | F | 0.8% | |
| FCX | F | 0.8% | |
| NICE | D | 0.68% | |
| MPWR | F | 0.63% | |
| OGN | F | 0.62% | |
| ESEA | C | 0.62% | |
| VRTX | D | 0.62% | |
| BNTX | D | 0.61% | |
| FINV | B | 0.58% | |
| BABA | D | 0.58% | |
| BIDU | D | 0.52% | |
| ABBV | F | 0.5% | |
| YY | B | 0.49% | |
| NTES | C | 0.49% | |
| INFY | C | 0.48% | |
| E | F | 0.46% | |
| PBR | C | 0.45% | |
| REGN | F | 0.42% |
NDOW: Top Represented Industries & Keywords
IPO: Top Represented Industries & Keywords
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