# Renaissance International IPO ETF (IPOS): ETF Facts & Distributions

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- Issuer: Renaissance · Asset class: Equity
- Strategy: Thematic · Inception: 2014-10-06

The fund primarily dedicates a minimum of 80% of its overall assets to the financial instruments included in its benchmark index. This benchmark is constituted by common equities, depositary receipts, real estate investment trusts (REITs), and units representing partnership interests. A maximum of 20% of the portfolio's value may additionally be allocated to specified derivatives such as futures, options, and swap agreements, alongside cash or highly liquid equivalents, and even common shares outside the primary index, all intended to aid the fund in closely replicating the index's performa...

## Key Facts

| Metric | Value |
|---|---|
| Price | $18.48 |
| Expense Ratio | 0.80% |
| Assets Under Management | $9.1M |
| NAV | $18.60 |
| Holdings Count | 51 |
| Distribution Yield (TTM) | 0.82% |
| Annual Distribution (TTM) | $0.15 /share |
| Distribution Frequency | Quarterly |
| 52-Week Range | $15.65 – $26.25 |
| Beta | 1.34 |

## Latest Distribution

- Amount: $0.0722 /share
- Ex-date: 2026-09-11
- Pay date: 2026-09-18

## Frequently Asked Questions

### What does IPOS invest in?

The fund primarily dedicates a minimum of 80% of its overall assets to the financial instruments included in its benchmark index. This benchmark is constituted by common equities, depositary receipts, real estate investment trusts (REITs), and units representing partnership interests. A maximum of 20% of the portfolio's value may additionally be allocated to specified derivatives such as futures, options, and swap agreements, alongside cash or highly liquid equivalents, and even common shares outside the primary index, all intended to aid the fund in closely replicating the index's performance. Notably, this fund operates on a non-diversified basis.

### What is the expense ratio of IPOS?

Renaissance International IPO ETF (IPOS) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations.

### How big is IPOS?

Renaissance International IPO ETF (IPOS) manages $9.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

### Is IPOS actively managed or an index fund?

IPOS's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

### When was IPOS launched?

Renaissance International IPO ETF (IPOS) launched in October 2014 and is managed by Renaissance.

### How has IPOS performed?

IPOS's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.

### Does IPOS pay a dividend?

Renaissance International IPO ETF (IPOS) currently distributes little or no income. Trailing-twelve-month yield is 0.82%. Investors looking for income should consider income-focused alternatives. See the Peers tab.

### How often does IPOS pay dividends?

Renaissance International IPO ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is IPOS's dividend yield?

IPOS's trailing-twelve-month yield is 0.82%, calculated from the sum of dividends over the past year divided by the current price.

### When is IPOS's next ex-dividend date?

The most recently announced ex-dividend date for IPOS was 2026-09-11. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page.

### How much will IPOS's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 0.80% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees.

### How does IPOS charge its expense ratio?

The expense ratio is deducted in tiny daily slices from IPOS's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

### Why does IPOS cost more than a fund like VOO?

IPOS's strategy (current expense ratio 0.80%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where IPOS sits within its own category, which is the comparison that actually matters.

### Are there cheaper alternatives to IPOS?

The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as IPOS (0.80%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/ipos
- Distribution history: https://www.dividenddata.com/funds/ipos/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/ipos/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/ipos/expenses
- Peer comparison: https://www.dividenddata.com/funds/ipos/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.