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Renaissance Capital has an ETF that focuses on IPO stocks (ticker: IPO). In the last two years, its performance easily surpassed the S&P 500 Index.

Renaissance Capital has an ETF that focuses on IPO stocks (ticker: IPO). In the last two years, its performance easily surpassed the S&P 500 Index. Cite a plausible reason why it can outperform the market index.

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