Image Source: Pixabay
 

The Renaissance IPO ETF (ticker: IPO) aims to give investors access to the biggest, most liquid newly public US company stocks in a single security, lowering the risk of single-stock ownership and avoiding overlap with major core indices for the best possible diversification across markets and time. It is the only ETF that focuses solely on the US IPO market, having been introduced in 2013. A transparent rules-based ETF called IPO closely mimics the price and yield performance of the Renaissance IPO Index before fees and costs. As new IPOs are added and existing constituents cycle out three years after their IPO, the ETF is rebalanced every three months. An upper limit of 10% is placed on any weightings that exceed the float-adjusted market capitalization of the constituents.

The AIEQ® ETF is powered by artificial intelligence that uses IBM Watson to simulate the work of a team of 1,000 study analysts, traders, and quants. The first actively managed ETF to completely select stocks using artificial intelligence as a method. ® Through the analysis of millions of data pieces from news, social media, business, and analyst reports, technical, macro, market data, financial statements for more than 6,000 U.S. businesses, and more.Makes use of IBM Watson's capabilities for emotion analysis, machine learning, and natural language processing. ® This stock selection strategy, which was previously only available to hedge funds and professional trading companies, is now available as a prepackaged solution in an ETF.

More By This Author:

Equities, Fixed, Commodities - April 1 Wave-Trend Summary
Deforestation Free Funds
Wave-Trend Summary - Equities, Fixed, Commodities