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The Renaissance International IPO ETF

The Smart Way to Invest in IPOs

Buy the Int'l ETF
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TICKER

IPOS

IPOS
LISTED
NYSE

Reasons to Invest in our International IPO ETF

ACCESS
New Technologies
DIVERSIFY
with New Stocks
INVEST
Before the Mainstream

The International IPO ETF has Negligible Overlap with the ACWI ETF

International IPO ETF

NEW STOCKS ONLY

0.1%
overlap*

MSCI ACWI ex-US ETFs

OLDER STOCKS

*By Weight, as of 01/01/2025

Key Information
as of 03/24/2025
Ticker IPOS
Expense Ratio 0.80%
Type Passive Equity ETF
Inception Date 10/06/2014
Fact Sheet VIEW
ETF Summary

The Renaissance International IPO ETF (ticker: IPOS) seeks to provide investors with the largest, most liquid internationally listed newly public company stocks in one security, reducing the risk of single stock ownership while avoiding overlap with major core indices for optimal diversification across markets and time. Launched in 2014, it is the only ETF focusing exclusively on the international IPO market.

ETF Description

The Renaissance International IPO ETF (ticker: IPOS) is a transparent rules-based ETF that tracks as closely as possible, before fees and expenses, the price and yield performance of the Renaissance International IPO Index. Each quarter the ETF is rebalanced as new IPOs are included and older constituents cycle out three years after their IPO. Constituents are weighted by float-adjusted market capitalization with a cap imposed on any weightings exceeding 10%.

Trading Details
Options Available Yes
CUSIP 759937303
ISIN US 759937303 9
SEDOL BQZJ3F9
Distribution Frequency Quarterly
Distribution History VIEW
Index Ground Rules VIEW
Service Providers
Advisor Renaissance Capital LLC
Primary Exchange NYSE Arca
Fund Administrator State Street
Fund Distributor Foreside Fund Services
IPO Index Calculator FTSE

Holdings

as of 03/24/2025  DOWNLOAD  
SHOW ALL SHOW LESS

Country Distribution

as of 03/24/2025

Created with Highcharts 11.4.6Chart context menuChina 30.6%China 30.6%Japan 18.7%Japan 18.7%Indonesia 11.7%Indonesia 11.7%Germany 11.5%Germany 11.5%Switzerland 10.7%Switzerland 10.7%Netherlands 5.5%Netherlands 5.5%Italy 4.1%Italy 4.1%Poland 2.3%Poland 2.3%Spain 2.3%Spain 2.3%Thailand 1.2%Thailand 1.2%Turkey 1.0%Turkey 1.0%Zoom inZoom out

Sector Breakdown

as of 03/24/2025

SECTOR WEIGHT (%)
Consumer Discretionary 34.9 %
Consumer Staples 15.4 %
Financials 12.8 %
Industrials 12.5 %
Technology 10.9 %
Materials 6.9 %
Health Care 4.1 %
Real Estate 1.1 %
Communication Services 0.8 %
Daily Performance as of 03/24/2025 Closing Value Daily Change Percent Change 30-Day Median Bid Ask Spread
Market Price $13.11 -$0.21 -1.61% 0.52%
NAV $13.13 -$0.24 -1.82%

Renaissance International IPO ETF Fund Performance

Created with Highcharts 11.4.6Chart context menuView 1 month1mView 3 months3mView 6 months6mView year to dateYTDView 1 year1yView 3 years3yView allAll1y ▾Renaissance International IPO ETFMSCI ACWI ex-US15 Apr13 May10 Jun8 Jul5 Aug2 Sep30 Sep28 Oct25 Nov23 Dec20 Jan17 Feb17 Mar-12%-8%-4%0%+ 4%+ 8%+ 12%Our ETF tracks the IPO Index

Performance History

At Month End
As of 02/28/25 Market Price NAV
1M 0.85% 0.67%
YTD 7.37% 5.69%
1yr -2.06% -1.70%
3yr -14.45% -14.50%
5yr -11.26% -11.22%
10yr -3.64% -3.60%
Inception -2.89% -2.84%

Inception date is October 6th, 2014. Returns greater than one year are annualized.

At Quarter End
As of 12/31/24 Market Price NAV
QTR -7.45% -6.65%
YTD -12.35% -10.46%
1yr -12.35% -10.46%
3yr -21.33% -20.96%
5yr -12.58% -12.21%
10yr -3.77% -3.63%
Inception -3.61% -3.41%

Inception date is October 6th, 2014. Returns greater than one year are annualized.

Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Investors should consider the investment objectives, risks, charges and expenses carefully before investing. An investor cannot invest directly in an index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

International IPO ETF Investments

Exchange-Traded Funds (ETFs) are one of the most versatile tools for modern investors, offering access to diversified portfolios, global opportunities, and cost-efficient strategies. For those looking to capitalize on newly public companies outside the U.S., the Renaissance Capital International IPO ETF provides targeted exposure to global IPOs across developed and emerging markets (within the first 3 years of going public).

Below, we explore the investing ideas enabled by ETFs like ours and address common questions about ETFs, particularly for investors seeking international diversification.


Top ETF Investing Ideas

    • The Renaissance Capital International IPO ETF provides access to a portfolio of recently listed IPOs from markets worldwide. By investing globally, you gain exposure to innovative and fast-growing companies in Europe, Asia, Latin America, and beyond.
    • Benefit: Diversify your portfolio geographically, reducing the risk tied to any single market.
    • Many of the most dynamic and rapidly growing companies go public in emerging markets, where innovation and economic expansion often drive significant opportunity. This ETF allows investors to tap into growth stories they might otherwise miss.
    • Benefit: Capture opportunities in high-growth markets with reduced effort and research.
    • Newly public companies often represent market disruptors and innovators across technology, healthcare, energy, and consumer industries. This ETF offers thematic exposure to cutting-edge companies from around the globe.
    • Benefit: Gain access to companies at the forefront of global innovation and growth.
    • Investing internationally through an ETF helps hedge risks tied to U.S.-centric portfolios, providing both market and currency diversification. This can add resilience during domestic market downturns.
    • Benefit: Broaden your portfolio with global assets to improve diversification.
    • Investing in international IPOs individually can be complex and costly. The Renaissance Capital International IPO ETF simplifies this process, giving you exposure to a carefully selected basket of international companies with one investment.
    • Benefit: Access global IPOs without high fees or navigating foreign markets on your own.

Common Questions About ETFs and International Investing

  1. An Exchange-Traded Fund (ETF) is a type of investment fund that holds a basket of securities and trades on an exchange like a stock. International ETFs simplify global investing, offering exposure to foreign markets without the complexities of buying individual stocks abroad.

  2. An international IPO ETF, such as the Renaissance Capital International IPO ETF, focuses on companies that have recently gone public at non-US exchanges over the last 3 years. This allows investors to tap into emerging and developed market growth while maintaining diversified exposure.

  3. While international markets can carry currency, political, or economic risks, diversification across multiple regions and sectors helps diversify these risks. An ETF spreads risk across numerous companies and markets.

  4. Investing internationally allows exposure to different currencies, which can act as a hedge against a weakening U.S. dollar or inflation, while also providing new growth opportunities in other economies.

  5. ETF holdings are typically published daily, providing full transparency into which companies are included in the portfolio. Investors can easily track performance and changes.