Renaissance IPO ETF (IPO)Mid-Cap Growth | Exchange Traded Fund | NYSEArca
49.92 USD
-1.01
(-1.975%) ⇩
(Oct. 16, 2026, 10:36 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 8:44 a.m. EDT
The Renaissance IPO ETF presents a compelling long-term case driven by a robust nine-year track record of capital appreciation, having gained over 135% cumulatively with seven out of nine years showing positive returns. The business has demonstrated resilience, avoiding a multi-year structural decline despite sector volatility, which supports a solid buy rating for investors seeking exposure to the IPO lifecycle. However, the short-term outlook is muted; recent price action shows the asset trading near its 50-day average with no clear momentum breakout, and the statistical forecast offers only a marginal upward lean. Crucially, the options market reveals a stark divergence: traders are aggressively buying cheap insurance against a crash (heavy put volume) while remaining indifferent to a major surge (light call volume). This defensive positioning suggests the market expects continued choppy or volatile conditions rather than a decisive trend. Finally, the dividend yield of roughly 0.12% is negligible, serving primarily as a return of capital mechanism rather than a source of income, making this instrument unsuitable for income-focused portfolios. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.030119 |
| AutoARIMA | 0.032262 |
| AutoETS | 0.032263 |
| MSTL | 0.033874 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 50% |
| H-stat | 0.12 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.800 |
| Excess Kurtosis | -0.38 |
| Attribute | Value |
|---|---|
| Trailing P/E | 17.85 |
As of Oct. 10, 2026, 8:44 a.m. EDT: Speculators are positioning defensively against a sharp drop, evidenced by massive open interest in deep out-of-the-money puts (strikes 30-43) expiring in early 2027, which dwarfs call volume. Conversely, call activity is concentrated in far-out strikes (80) with negligible volume, suggesting limited bullish conviction for a significant rally in the near term. Implied volatility is elevated for downside protection compared to upside speculation.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.06% | 0.13% | 0.30% | 0.18% |
| 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 |
| Attribute | Value |
|---|---|
| All Time High | 77.05 |
| All Time Low | 11.85 |
| Ask | 50.03 |
| Ask Size | 400 |
| Average Daily Volume10 Day | 11,990 |
| Average Daily Volume3 Month | 16,092 |
| Average Volume | 16,092 |
| Average Volume10Days | 11,990 |
| Beta3 Year | 1.72 |
| Bid | 49.94 |
| Bid Size | 900 |
| Category | Mid-Cap Growth |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 49.9203 |
| Day Low | 49.8584 |
| Dividend Yield | 0.12 |
| Eps Trailing Twelve Months | 2.7961035 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 53.5804 |
| Fifty Day Average Change | -3.660099 |
| Fifty Day Average Change Percent | -0.06831041 |
| Fifty Two Week Change Percent | 5.8395624 |
| Fifty Two Week High | 60.33 |
| Fifty Two Week High Change | -10.409702 |
| Fifty Two Week High Change Percent | -0.17254603 |
| Fifty Two Week Low | 39.31 |
| Fifty Two Week Low Change | 10.610298 |
| Fifty Two Week Low Change Percent | 0.26991346 |
| Fifty Two Week Range | 39.31 - 60.33 |
| First Trade Date Milliseconds | 1,381,930,200,000 |
| Five Year Average Return | -0.0547446 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -1.0058022 |
| Fullday Change Percent | -1.9750229 |
| Fullday Price | 49.9203 |
| 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 | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_244639846 |
| Nav Price | 49.8038 |
| Net Assets | 144,780,368.0 |
| Net Expense Ratio | 0.6 |
| Open | 49.92 |
| Phone | 203-622-2978 |
| Previous Close | 50.9261 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.0058022 |
| Regular Market Change Percent | -1.9750229 |
| Regular Market Day High | 49.9203 |
| Regular Market Day Low | 49.8584 |
| Regular Market Day Range | 49.8584 - 49.9203 |
| Regular Market Open | 49.92 |
| Regular Market Previous Close | 50.9261 |
| Regular Market Price | 49.9203 |
| Regular Market Time | 1,792,161,381 |
| Regular Market Volume | 1,158 |
| Short Name | Renaissance IPO ETF |
| Source Interval | 15 |
| Symbol | IPO |
| Three Year Average Return | 0.17566441 |
| Total Assets | 144,780,368 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 17.853523 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -11.57078 |
| Trailing Three Month Returns | -11.57078 |
| Triggerable | 1 |
| Two Hundred Day Average | 50.2699 |
| Two Hundred Day Average Change | -0.34960175 |
| Two Hundred Day Average Change Percent | -0.0069544944 |
| Type Disp | ETF |
| Volume | 1,158 |
| Yield | 0.0011999999 |
| Ytd Return | 15.48216 |