The Renaissance IPO ETF (NYSE:IPO) is an easy way to gain exposure to stocks that recently began trading following an initial public offering. The tracking index adds new companies on a quarterly basis while removing those that have been publicly traded after two years. The idea here is that these new companies are typically in an early stage of growth and may represent a new product or service segment with significant upside potential.
Investors can gain access to the latest trends in the market through a constructed portfolio minimizing single-stock risk. The fund