ETF Trends CEO Tom Lydon discussed the Renaissance IPO ETF (IPO) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.

The Renaissance IPO ETF adds positions of the most significant U.S. listed companies after they go public. They are added on a fast entry basis on the stock's fifth day of trading or upon quarterly review. Positions are then removed after two years of trading.