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Morningstar

Renaissance IPO ETF IPO

Morningstar Medalist Rating
Medalist Rating as of | See Renaissance Capital Investment Hub

Morningstar’s Analysis IPO

Will IPO outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable IPO’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the IPO management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of IPO’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Renaissance IPO ETF's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings IPO

More IPO Holdings
  • Current Portfolio Date
  • Equity Holdings 69
  • Bond Holdings 0
  • Other Holdings 1
  • % Assets in Top 10 Holdings 56.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Airbnb Inc Ordinary Shares - Class A

9.69
17,840,599
Consumer Cyclical

Kenvue Inc

9.66
17,769,922
Consumer Defensive

Palantir Technologies Inc Ordinary Shares - Class A

7.65
14,086,532
Technology

DoorDash Inc Ordinary Shares - Class A

6.49
11,938,507
Communication Services

Coupang Inc Ordinary Shares - Class A

5.05
9,302,420
Consumer Cyclical

Nu Holdings Ltd Ordinary Shares Class A

4.51
8,291,060
Financial Services

Rivian Automotive Inc Class A

4.20
7,734,981
Consumer Cyclical

Roblox Corp Ordinary Shares - Class A

3.46
6,364,560
Communication Services

Coinbase Global Inc Ordinary Shares - Class A

3.28
6,032,068
Financial Services

Bentley Systems Inc Ordinary Shares - Class B

2.60
4,784,627
Technology