Renaissance International Ipo Etf Profile
| IPOS Etf | USD 12.20 0.11 0.91% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Renaissance International is selling for under 12.20 as of the 28th of November 2024; that is 0.91 percent increase since the beginning of the trading day. The etf's lowest day price was 12.16. Renaissance International has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Renaissance International IPO are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities that comprise the index. Renaissance International is traded on NYSEARCA Exchange in the United States. More on Renaissance International IPO
Moving together with Renaissance Etf
| 0.85 | EFG | iShares MSCI EAFE | PairCorr |
| 0.82 | VIGI | Vanguard International | PairCorr |
| 0.72 | IHDG | WisdomTree International | PairCorr |
| 0.65 | CGXU | Capital Group Intern | PairCorr |
| 0.83 | DNL | WisdomTree Global | PairCorr |
Moving against Renaissance Etf
Renaissance Etf Highlights
| Thematic Idea | Strategy ETFs (View all Themes) |
| Business Concentration | Strategy ETFs, Foreign Large Growth, Renaissance Capital (View all Sectors) |
| Issuer | Renaissance Capital |
| Inception Date | 2014-10-06 |
| Benchmark | Renaissance International IPO Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 4.25 Million |
| Average Trading Valume | 987.2 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Alpha-Seeking |
| Market Concentration | Developed Markets |
| Region | Global ex-U.S. |
| Administrator | State Street Bank and Trust Company |
| Advisor | Renaissance Capital LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Linda R. Killian, William K. Smith |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 41.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.8 |
| Management Fee | 0.8 |
| Country Name | USA |
| Returns Y T D | (13.29) |
| Name | Renaissance International IPO ETF |
| Currency Code | USD |
| Open Figi | BBG0077X0B09 |
| In Threey Volatility | 25.89 |
| 1y Volatility | 20.44 |
| 200 Day M A | 13.2703 |
| 50 Day M A | 12.6305 |
| Code | IPOS |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
Renaissance International IPO [IPOS] is traded in USA and was established 2014-10-06. The fund is listed under Foreign Large Growth category and is part of Renaissance Capital family. The entity is thematically classified as Strategy ETFs. Renaissance International currently have 7.19 M in assets under management (AUM). , while the total return for the last 3 years was -23.6%.
Check Renaissance International Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Renaissance Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Renaissance Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Renaissance International IPO Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Renaissance International Currency Exposure
Renaissance International IPO holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Renaissance International will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Renaissance International IPO.
Top Renaissance International IPO Etf Constituents
| GOTO | GoTo Gojek Tokopedia | Stock | Software-Application | |
| VOLCAR-B | Volvo Car AB | Stock | Auto Manufacturers | |
| M3D | INDUSTRIE DE NORA | Stock | DE Stock | |
| PGEO | Pertamina Geothermal Energy | Stock | ID Stock | |
| NCKL | PT Trimegah Bangun | Stock | ID Stock | |
| IOS | IONOS GROUP N | Stock | DE Stock | |
| 1SXP | SCHOTT Pharma AG | Stock | DE Stock | |
| ASTOR | Astor Enerji AS | Stock | Electrical Equipment & Parts |
Renaissance International Top Holders
| EVFGX | Evaluator Aggressive Rms | Mutual Fund | Allocation--85%+ Equity | |
| EVAGX | Evaluator Aggressive Rms | Mutual Fund | Allocation--85%+ Equity |
Renaissance International Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Renaissance International. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.25) |
Renaissance International Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Renaissance International IPO. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of Renaissance International is measured differently than its book value, which is the value of Renaissance that is recorded on the company's balance sheet. Investors also form their own opinion of Renaissance International's value that differs from its market value or its book value, called intrinsic value, which is Renaissance International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Renaissance International's market value can be influenced by many factors that don't directly affect Renaissance International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Renaissance International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Renaissance International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renaissance International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.