IPO ETF — Renaissance IPO ETF

Renaissance IPO ETF (IPO)

Updated October 16, 2026.

IPO is an ETF. its distribution rate is 0.13%, its trailing-12-month yield is 0.13%, its expense ratio is 0.60%. Dividend Vision Distribution Safety Score™ is 65/100 (Generally safe). Total return is 151.6% over the past 13 years, 292.9 points behind SPY at 444.5%.

Renaissance IPO ETF is an ETF that seeks to track the performance of recently listed U.S. initial public offerings, maintaining at least 80% of its assets in IPO-eligible securities. The fund has a modest current distribution rate, pays distributions quarterly, and carries an expense ratio of 0.60%. This fund appeals to growth-oriented investors seeking exposure to newly public companies rather than traditional dividend income.

IPO performance versus SPY

Price and return data through 2026-10-16.

Total return is 151.6% over the past 13 years, 292.9 points behind SPY at 444.5%. Over the past year its total return — price change plus distributions reinvested — is 0.8%. Its deepest 1-year drawdown was 21.2%.

IPO key facts

Distribution Safety Score™

65 · Generally safe

Safety-Adjusted Yield

0.08%

Issuer

Renaissance Capital

Asset type

ETF

Asset class

Equity

Inception date

10/16/2013

Expense ratio

0.60%

Distribution rate

0.13%

Distribution frequency

Quarterly

Trailing yield

0.13%

Last close

$48.91 (as of 2026-10-16)

AUM

$145,363,736

Average volume

20371.0

Dividend

$0.031

Ex-dividend date

06/12/2026

Payment date

06/22/2026

Beta

1.72

How Dividend Vision calculates yield and returns

Distribution rate (0.13%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.13%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Renaissance Capital; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

IPO risks and drawbacks

IPO's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 21.2%.

Who may consider IPO — and who may not

It is a weaker fit for investors who need monthly cash flow (IPO pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on IPO

• All tickers starting with I

Frequently asked questions

More securities from Renaissance Capital.