The U.S. IPO pipeline is showing clear signs of life in January 2026, with 20+ offerings either launched or scheduled during the month. Among the listings expected on Jan. 22 are BitGo Holdings, Aigo Holding Limited, Riku Dining Group Limited, and EquipmentShare.com, while Ethos Technologies, PicS N.V., and York Space Systems are slated to go public on Jan. 29.
The renewed flow of deals is prompting investors to revisit IPO-focused exchange-traded funds as a way to gain exposure to newly public companies without relying on the success of any single listing.
Why Investors Turn to IPO ETFs
IPO ETFs do not participate in the initial offering itself. Instead, they typically add stocks after they begin trading in the public market, allowing investors to capture post-IPO performance while spreading risk across multiple names.
These funds have gained traction during periods of rising issuance, particularly when IPO activity spans multiple sectors such as fintech, industrials, consumer discretionary and aerospace.
IPO ETFs to Watch
Several IPO-focused ETFs stand out as issuance accelerates:
- Renaissance IPO ETF (NYSE:IPO): Tracks newly public U.S. companies and generally holds them for two to three years, refreshing its portfolio as new listings emerge.
- First Trust U.S. Equity Opportunities ETF (NYSE:FPX): Follows the IPOX 100 U.S. Index, which includes the largest U.S. IPOs and spin-offs during their first 1,000 trading days, offering exposure to more established post-IPO companies.
- First Trust International Equity Opportunities ETF (NASDAQ:FPXI): Applies the IPOX methodology to non-U.S. listings, providing global exposure to recent IPOs.
The Bigger Picture
With IPO activity picking up across industries spanning from crypto custody and insurtech to space systems, IPO-focused ETFs are increasingly being viewed as efficient tools to participate in the reopening of the new-issue market.
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