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YTD Return: --7.2%
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The Renaissance IPO Indexฎ (Bloomberg: IPOP, Reuters: RCIPOP) is a comprehensive benchmark index designed to capture the essence of IPO activity and performance. It is the first index to incorporate the truly investable IPO universe by using float-adjusted shares and to account for the unseasoned nature of the asset class by including a rolling two-year population of IPOs starting from the first day of trading. The Index includes all institutionally-investable U.S.-listed IPOs, capturing over 95% of the total market value of the IPO universe.
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