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Renaissance IPO ETF (IPO)

Mid-Cap Growth | Exchange Traded Fund | NYSEArca
55.71 USD -1.86 (-3.231%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 55.45 -0.26 (-0.260%) ⇩ (July 13, 2026, 7:45 p.m. EDT)
Short-term:★★★⯪☆Long-term:★★★★⯪Dividends:★★⯪☆☆
Hot Take ↕ | July 11, 2026, 5:06 a.m. EDT

The Renaissance IPO ETF presents a compelling case for long-term capital appreciation driven by its exceptional historical performance and strong recovery trajectory. Over the last nine years, the fund has delivered a cumulative gain of over 122%, with eight out of nine years showing positive annual returns, indicating a robust ability to capitalize on new listings despite market volatility. The recent price action shows resilience, trading well above its 200-day moving average, which suggests sustained institutional interest. However, the short-term outlook is clouded by heavy put writing, as traders are locking in downside protection at levels far below the current price, creating a ceiling on immediate upside momentum. Furthermore, the dividend yield is negligible at 0.4%, offering no income buffer during potential drawdowns. While the statistical forecast model offers only a weak lean upward with low confidence, the fundamental story of capturing IPO premiums remains intact. Investors should view this as a core holding for exposure to the IPO market rather than a tactical trade for the next few weeks.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_79_105 ✓0.103817
MSTL_1050.112994
MSTL0.113571
MSTL_790.117019
AutoETS0.117625
AutoTheta0.117839
AutoARIMA0.130060

Forecast horizon: 60 days | Selected: MSTL_79_105

Forecast Reliability
Score 41%
H-stat 23.19
Ljung-Box p 0.000
Jarque-Bera p 0.095
Excess Kurtosis -1.26
Attribute Value
Trailing P/E 36.14

As of July 11, 2026, 5:06 a.m. EDT: Speculators are heavily positioning for downside protection, evidenced by massive open interest in out-of-the-money puts expiring in October and January, particularly at strikes significantly below current prices. Conversely, call activity is concentrated near the money or slightly out-of-the-money, with very little speculative volume in deep calls, suggesting a defensive bias rather than a bullish breakout expectation.

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.06% 0.47% 0.30% 0.18%
Dividend History
Date Dividend Yield %
2026-06-12 0.031 0.055635
2026-03-13 0.031 0.072685
2025-09-12 0.176 0.338071
2025-06-13 0.054 0.125348
2025-03-14 0.072 0.184947
2024-12-13 0.035 0.075610
2024-09-13 0.009 0.021241
2024-06-14 0.008 0.020217
2020-03-20 0.066 0.281931
2019-12-13 0.064 0.212413
2019-06-14 0.019 0.060858
2019-03-15 0.062 0.203212
2018-09-14 0.017 0.055357
2018-06-15 0.068 0.216423
2018-03-16 0.030 0.101488
2017-09-15 0.016 0.061069
2017-06-16 0.085 0.340000
2017-03-17 0.022 0.097130
2016-09-16 0.028 0.135135
2016-06-17 0.021 0.110410
2015-12-18 0.012 0.058680
2015-03-20 0.011 0.044643
2014-12-19 0.599 2.599826
2014-09-19 0.010 0.042427
2014-06-20 0.027 0.119734
2014-03-21 0.007 0.030528
2013-12-20 0.016 0.074592
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.4

Info Dump

Attribute Value
All Time High 77.05
All Time Low 11.85
Ask 0.0
Ask Size 900
Average Daily Volume10 Day 27,260
Average Daily Volume3 Month 40,893
Average Volume 40,893
Average Volume10Days 27,260
Beta3 Year 1.64
Bid 0.0
Bid Size 300
Category Mid-Cap Growth
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 56.752
Day Low 55.5884
Dividend Yield 0.4
Eps Trailing Twelve Months 1.5413923
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 54.3366
Fifty Day Average Change 1.3733978
Fifty Day Average Change Percent 0.02527574
Fifty Two Week Change Percent 30.455471
Fifty Two Week High 60.33
Fifty Two Week High Change -4.6200027
Fifty Two Week High Change Percent -0.07657886
Fifty Two Week Low 39.31
Fifty Two Week Low Change 16.399998
Fifty Two Week Low Change Percent 0.41719657
Fifty Two Week Range 39.31 - 60.33
First Trade Date Milliseconds 1,381,930,200,000
Five Year Average Return -0.02043
Full Exchange Name NYSEArca
Fund Family Renaissance Capital
Fund Inception Date 1,381,881,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the index. It normally invests at least 80% of its total assets in securities that comprise the index. The index is a portfolio of companies that have recently completed an initial public offering ("IPO") and are listed on a U.S. exchange. The fund is non-diversified.
Long Name Renaissance IPO ETF
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_244639846
Nav Price 57.9784
Net Assets 181,585,280.0
Net Expense Ratio 0.6
Open 56.86
Phone 203-622-2978
Post Market Change -0.25999832
Post Market Change Percent -0.46669957
Post Market Price 55.45
Post Market Time 1,783,986,320
Previous Close 57.57
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -1.86
Regular Market Change Percent -3.23085
Regular Market Day High 56.752
Regular Market Day Low 55.5884
Regular Market Day Range 55.5884 - 56.752
Regular Market Open 56.86
Regular Market Previous Close 57.57
Regular Market Price 55.71
Regular Market Time 1,783,972,800
Regular Market Volume 35,491
Short Name Renaissance IPO ETF
Source Interval 15
Symbol IPO
Three Year Average Return 0.213337
Total Assets 181,585,280
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 36.142647
Trailing Peg Ratio None
Trailing Three Month Nav Returns 42.19539
Trailing Three Month Returns 42.19539
Triggerable 1
Two Hundred Day Average 48.27715
Two Hundred Day Average Change 7.43285
Two Hundred Day Average Change Percent 0.15396208
Type Disp ETF
Volume 35,491
Yield 0.004
Ytd Return 30.59276