TINY vs. IPO ETF Comparison
Comparison of ProShares Nanotechnology ETF (TINY) to Renaissance IPO ETF (IPO)
TINY
ProShares Nanotechnology ETF
TINY Description
TINY is a passively managed fund that invests in securities from developed countries perceived to help businesses use nanotechnology to transform lives and revolutionize different industries. Companies considered should be involved in the production, application, development, or promotion of nanotechnologies. Using natural language processing algorithm, filings and public information are scanned to identify companies that have or are expected to have significant exposure to nanotechnology. Companies are then scored and ranked based on their level of exposure. Only the 30 highest-ranking companies are selected. Securities are weighted by market cap with a maximum limit of 4.5%. The index is reconstituted and rebalanced semi-annually in May and November.
Grade (RS Rating)
Last Trade
$47.66
Average Daily Volume
2,288
20
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
$43.19
Average Daily Volume
54,471
29
Performance
| Period | TINY | IPO |
|---|---|---|
| 30 Days | -3.23% | 6.66% |
| 60 Days | -4.69% | 4.73% |
| 90 Days | -8.53% | 9.20% |
| 12 Months | 36.02% | 35.53% |
0 Overlapping Holdings
| Symbol | Grade | Weight in TINY | Weight in IPO | Overlap |
|---|
TINY Overweight 20 Positions Relative to IPO
TINY Underweight 29 Positions Relative to IPO
| Symbol | Grade | Weight | |
|---|---|---|---|
| NU | B | -12.14% | |
| KVUE | C | -11.76% | |
| ARM | D | -6.71% | |
| HOOD | C | -6.38% | |
| ONON | C | -5.65% | |
| RIVN | F | -5.36% | |
| CNM | F | -3.85% | |
| DUOL | B | -3.75% | |
| CRBG | D | -3.65% | |
| RYAN | D | -3.27% | |
| GTLB | D | -2.62% | |
| S | C | -2.6% | |
| GFS | F | -2.08% | |
| TPG | B | -2.03% | |
| HCP | B | -1.61% | |
| BROS | D | -1.4% | |
| NUVL | C | -1.31% | |
| FRSH | F | -1.16% | |
| BRZE | F | -1.12% | |
| BIRK | F | -0.97% | |
| INFA | D | -0.77% | |
| RDDT | C | -0.72% | |
| PWSC | C | -0.66% | |
| FLNC | C | -0.52% | |
| ACT | B | -0.51% | |
| RBRK | D | -0.38% | |
| BLCO | C | -0.33% | |
| INST | D | -0.25% | |
| ZK | F | -0.17% |
TINY: Top Represented Industries & Keywords
IPO: Top Represented Industries & Keywords
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