Renaissance ETF ETF.com segment: Equity: U.S. - Total Market Competing ETFs: CSD, VTI, ITOT, SCHB, IWV Related ETF Channels: U.S., Time Since Launch,, Total Market, Equity, Size and Style, North America, Broad-based Find more ETFs with our ETF Screener and Database *Unless otherwise stated, data provided by FactSet. C 36 FUND DESCRIPTION tracks a market-cap-weighted index of recent US-listed s. The fund acquires issues within 90 days or sooner after and sells after 2 years. FACTSET ANALYTICS INSIGHT launched in October 2013 and offers access to the newest publicly traded stocks in an ETF wrapper. It adds a new company to its basket within 90 days (or sooner) of listing, and removes a firm after 2 years of public trading. Its direct rival FPX holds stocks 4 years, and the 2 ETFs often have radically different portfolios. (To be clear, neither nor FPX offers access to pre- equity.) Concentration in single names looms larger here, for better or worse. Concentration cuts to the heart of the matter: If you want a newly listed stock, just buy the stock. If you want systematic exposure to new listings, then an ETF like (or FPX) fits the bill. charges a similar fee as FPX, but lags in investor interest measured by AUM and trading volume. is not cheap to trade in retail volumes and its modest asset bases has tripped our closure risk flag at times. SUMMARY DATA Issuer Brand Inception Date Legal Structure Expense Ratio Assets Under Management Average Daily $ Average Spread (%) PORTFOLIO DATA Weighted Average Market Cap Price / Earnings Ratio Price / Book Ratio Distribution Yield Next Ex-Dividend Date Number of Holdings Renaissance Capital Renaissance 10/14/13 Open-Ended Fund 0.60% $17.44M $193.64K 0.51% $5.02B 47.97 2.67 0.38% 03/15/19 82 INDEX DATA Index Tracked Index Weighting Methodology Index Selection Methodology Renaissance Index Market Cap Time Since Listing MSCI USA IMI
1 Year Daily Price ($) 32.50 30.00 27.50 25.00 22.50 Mar Apr May Jun Jul Aug Sep Oct Nov Dec `19 Feb 80k PERFORMANCE [as of 02/22/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS 14.90% 17.04% 28.33% 5.05% 19.25% 6.22% (NAV) 14.18% 17.35% 28.21% 4.95% 19.16% 6.22% Renaissance Index MSCI USA IMI 6.74% 6.48% 12.75% 5.61% 15.56% 10.57% 16.40% All returns over 1 year are annualized. All returns are total returns unless otherwise stated. TOP 10 COUNTRIES United States Brazil China Canada 93.31% 3.83% 2.86% TOP 10 SECTORS Industrials Consumer Cyclicals Energy 2.48% 1.70% 1.02% TOP 10 HOLDINGS VICI Properties Inc 6.09% Snap, Inc. Class A 3.94% Spotify Technology SA 5.98% PagSeguro Digital Ltd. Cla 2.84% Altice USA, Inc. Class A 5.53% DocuSign, Inc. 2.81% Okta, Inc. Class A 5.10% AXA Equitable Holdings, I 2.71% Invitation Homes, Inc. 4.87% iqiyi, Inc. Sponsored ADR 2.50% Total Top 10 Weighting 42.37%
PORTFOLIO MANAGEMENT TAX EXPOSURES FUND STRUCTURE Expense Ratio Median Tracking Difference (12 Mo) Max. Upside Deviation (12 Mo) Max. Downside Deviation (12 Mo) 0.60% 0.23% 1.05% -0.41% Max LT/ST Capital Gains Rate Capital Gains Distributions (3 Year) Tax on Distributions Distributes K1 20.00% / 39.60% Qualified dividends No Legal Structure OTC Derivative Use Securities Lending Active Securities Lending Split (Fund/Issuer) ETN Counterparty Open-Ended Fund No Yes No Policy N/A ETN Counterparty Risk N/A Fund Closure Risk High Portfolio Disclosure Daily
Daily Spread 0.8% FACTSET ANALYTICS BLOCK LIQUIDITY As of 02/25/19 0.6% 0.4% 0.2% 0% 5 4 3 2 1 This measurement shows how easy it is to trade a $1 million USD block of. is rated a 4 out of 5. Premium/Discount 0.2% TRADABILITY Avg. Daily Share 7,256 0.0% Average Daily $ $193.64K -0.2% Median Daily Share 5,479-0.4% 80k 60k 40k 20k Median Daily ($) Average Spread (%) Average Spread ($) $144.44K 0.51% $0.13 Apr May Jul Sep Oct Dec Feb Median Premium / Discount (12 Mo) -0.02% Max. Premium / Discount (12 Mo) 1.60% / -2.41% Impediment to Creations None Market Hours Overlap 100.00% Creation Unit Size (Shares) 50,000 Creation Unit/Day (45 Day Average) 0.11 Creation Unit Cost (%) 0.03% Underlying / Unit 0.07% Open Interest on ETF Options Net Asset Value (Yesterday) $29.82 ETF.com Implied Liquidity 4
SECTOR/INDUSTRY BREAKDOWN TOP 10 HOLDINGS PERFORMANCE STATISTICS Industrials 2.48% 10.05% Consumer Cyclicals 1.70% 12.99% Energy 1.02% 5.06% VICI Properties Inc Spotify Technology SA Altice USA, Inc. Class A Okta, Inc. Class A Invitation Homes, Inc. Snap, Inc. Class A PagSeguro Digital Ltd. Class A 6.09% 5.98% 5.53% 5.10% 4.87% 3.94% 2.84% Goodness of Fit (R2) Beta Up Beta Down Beta Downside Standard Deviation 0.74 1.19 1.11 1.15 0.88% MSCI USA IMI DocuSign, Inc. 2.81% AXA Equitable Holdings, Inc. 2.71% BENCHMARK COMPARISON HOLDINGS iqiyi, Inc. Sponsored ADR Class A Total Top 10 Weighting 2.50% 42.37% Number of Holdings Constituents 82 2420 COUNTRIES United States 93.31% 99.92% Shared Holdings Shared Holdings Weight 13 0.12% Brazil 3.83% China 2.86% Canada 0.08% REGIONS North America 93.31% 100.00% Latin America 3.83% Asia-Pacific 2.86% ECONOMIC DEVELOPMENT Developed Countries 93.31% 100.00% BENCHMARK COMPARISON SUMMARY Number of Holdings Weighted Average Market Cap Price / Earnings Ratio Price / Book Ratio Dividend Yield $5.02B 82 2420 $167.45B 47.97 20.39 2.67 2.82 1.22% 2.07% Concentration High Low Emerging Countries 6.69% 2019 ETF.com The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional. ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com. [ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Data provider: Terms of Use