IPO vs IWP
Renaissance IPO ETF compared with iShares Russell Mid-Cap Growth ETF on yield, payout growth, payment schedule, cost and risk.
IPO
Renaissance IPO ETF
TTM yield · Quarterly
IWP
iShares Russell Mid-Cap Growth ETF
TTM yield · Quarterly
Quick take
- IWP yields more today: 0.47% vs 0.26% (forward).
- IWP has grown its payout faster: 12.6%/yr vs -61.5%/yr over the last 1 year.
- Both pay every quarter.
- Over the last year IPO delivered the higher total return: -2.7% vs -6.4% (price change plus payouts).
- IWP is cheaper to own: 0.23% vs 0.60% expense ratio.
- IWP has the steadier distribution: consistency 76/100 vs 42/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | IPO | IWP |
|---|---|---|
| Share price | $48.16 | $132.81 |
| TTM yield | 0.13% | 0.40% |
| Forward yield | 0.26% | 0.47% |
| Annual payout per share | $0.124 | $0.62 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Dec 11, 2026 (est.) | Dec 15, 2026 (est.) |
| Expense ratio | 0.60% | 0.23% |
| 1-year payout growth | -61.5% | +12.6% |
| 5-year payout CAGR | — | +10.6% |
| Consecutive years of increases | 1 year | 1 year |
| Payout consistency (last 12) | 42/100 | 76/100 |
| 1-year total return | -2.7% | -6.4% |
| 1-year price return | -2.8% | -6.7% |
| Size (market cap / AUM) | 144.8M | 19.3B |
| Years paying | 12.8 | 25.1 |
| Sector / category | Mid-Cap Growth | Mid-Cap Growth |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| IPO | IWP | |
|---|---|---|
| Shares | 207.6 | 75.3 |
| Income per year | $26 | $47 |
| Income per month (avg) | $2 | $4 |
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| IPO Dec 11, 2026 | Dec 25, 2026 | $0.031 | Est. |
| IPO Mar 12, 2027 | Mar 26, 2027 | $0.031 | Est. |
| IPO Jun 11, 2027 | Jun 25, 2027 | $0.031 | Est. |
| IWP Dec 15, 2026 | Dec 29, 2026 | $0.155 | Est. |
| IWP Mar 16, 2027 | Mar 30, 2027 | $0.155 | Est. |
| IWP Jun 15, 2027 | Jun 29, 2027 | $0.155 | Est. |
Annual payouts per share
IPOIWP
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, IPO or IWP?
IWP currently has the higher trailing yield: IPO yields 0.13% and IWP yields 0.40%. Yield changes daily with price, so check the live figures above.
How often do IPO and IWP pay?
IPO pays every quarter and IWP pays every quarter. IPO's next ex-date is Dec 11, 2026 and IWP's is Dec 15, 2026.
Which has grown its dividend faster, IPO or IWP?
IWP has grown its payout faster: 12.6%/yr vs -61.5%/yr over the last 1 year.
Is IPO or IWP better for income?
It depends on what you are optimising for. IPO and IWP differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.