By comparison, the S&P 500 was up 26% and the Nasdaq posted a rise of 33% for the quarter. Tom Taulli (@ttaulli) is an advisor and author of various books and online courses about technology, including Artificial Intelligence Basics, The Robotic Process Automation Handbook and Learn Python Super Fast. The IPO ETF tracks the Renaissance IPO Index, which includes about 55 companies. There seemed to be little hope as the markets were deeply bearish. As of this writing, he did not hold a position in any of the aforementioned securities. The Renaissance IPO ETF accomplishes this by replicating the performance of the Renaissance IPO Index. All rights reserved. The Renaissance IPO ETF enables investors to own a basket of the largest most liquid U.S.-listed newly public companies in one security, reducing the risk of single stock ownership. 2 in the contest with a year-to-date gain of nearly 30%. In fact, it’s in the No. About 68%. All rights reserved. Copyright © Nasdaq About Renaissance IPO ETF The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). But of course, this would turn out to be a bottom in the market. He is also the founder of WebIPO, which was one of the first platforms for public offerings during the 1990s. Almost all of the offerings saw upsizing or higher pricing. Companies that have been public for two years are removed at the next quarterly review. When the coronavirus hit, the IPO market shutdown. Tom Taulli’s pick for the contest is the Renaissance IPO ETF (NYSEARCA:IPO). The IPO ETF tracks the Renaissance IPO Index, which includes about 55 companies. 1 spot for the contest, with a sizzling return at 68%. The average return? Every quarter, the company conducts a review to asses which companies should be included and removed. 1125 N. Charles St, Baltimore, MD 21201. Renaissance IPO Index – ETF Tracker The Renaissance IPO ETF is designed to provide investors with efficient exposure to a portfolio of newly public companies prior to their inclusion in core U.S. equity portfolios. 2020 InvestorPlace Media, LLC. Copyright © 2020 InvestorPlace Media, LLC. The Renaissance IPO ETF is designed to provide investors with efficient exposure to a portfolio of U.S.-listed newly public companies ahead of their inclusion in core equity portfolios. My pick for the contest, the Renaissance IPO ETF (NYSEARCA: IPO), has seen a major bull move this year. InvestorPlace.com’s best ETFs contest can certainly be volatile. Every quarter, the company conducts a review to asses which companies should be … But the performance of the IPO fund has shown that it is a good idea to have some exposure to public offerings, which often have next-generation companies with strong long-term growth potential. quotes delayed at least 15 minutes, all others at least 20 minutes. Best ETFs for 2020: The Renaissance IPO ETF Powers Higher in Q2, InvestorPlace.com’s Best ETFs for 2020 contest, 39 IPOs that have raised about $15 billion, revenues soared by 169% and earnings came to 20 cents a share, revenues jumped by 50% to $201.7 million and the company added 12,000 customers, positive preliminary findings in its trials, 87% to $131.2 million and adjusted earnings were 6 cents a share, 5 Keys to Find Small Stocks With 10X Potential, The Slide in Netflix Stock Is a Great Investment Opportunity, Louis Navellier and the InvestorPlace Research Staff, Trump vs. Biden: Stocks to Buy No Matter Who Wins the White House, 7 Monster Growth Stocks With Double-Digit Upside, 7 Dividend Stocks To Buy For Big Returns In Your Bank Account, Plug Workhorse Stock into Your Trading Portfolio Because It Is Electric, DiamondPeak Stock Is Revving Up Ahead of Its Lordstown Merger, Why Nio Stock Could Head to Over $40 Next. Renaissance IPO ETF IPO Morningstar Analyst Rating ... Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. 1125 N. Charles St, Baltimore, MD 21201. This article is a part of InvestorPlace.com’s Best ETFs for 2020 contest. This will help explain why it ranks among the best ETFs to buy this year. The ETF tracks the rules based Renaissance IPO Index, which adds sizeable new companies on a fast entry basis and the rest upon scheduled quarterly reviews. The Renaissance IPO ETF adds positions of the most significant U.S. listed companies after they go public. With that in mind, let’s look at some of IPO’s holdings and how they performed. However, since April, activity has been perking up. My best ETFs entry — the Renaissance IPO ETF (NYSEARCA:IPO) – was off about 17% for the first quarter, primarily because of the impact of the novel coronavirus. In the second quarter, there have been 39 IPOs that have raised about $15 billion. When I last provided an update for InvestorPlace.com’s annual exchange-traded funds contest, there was not much good news to report. Fast forward to today: the IPO ETF is up a sizzling 60% (for the second quarter) and is ranked No. Article printed from InvestorPlace Media, https://investorplace.com/2020/06/best-etfs-for-2020-the-renaissance-ipo-etf-powers-higher-in-q2/.