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")... Show more
Category MidCapGrowth
A.I.dvisor indicates that over the last year, IPO has been closely correlated with IMCG. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if IPO jumps, then IMCG could also see price increases.
| Ticker / NAME | Correlation To IPO | 1D Price Change % | ||
|---|---|---|---|---|
| IPO | 100% | +3.60% | ||
| IMCG - IPO | 89% Closely correlated | +2.46% | ||
| IWP - IPO | 84% Closely correlated | +2.87% | ||
| VOT - IPO | 83% Closely correlated | +2.30% | ||
| ARKK - IPO | 80% Closely correlated | +4.25% | ||
| IJK - IPO | 74% Closely correlated | +2.28% | ||
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