Defiance Seeks to Capture Pre-S&P 500 IPO Graduates

The Defiance S&P Accelerator ETF will combine exposure to the S&P 500 with a dedicated allocation to recently public U.S. companies that have not yet entered the index due to seasoning requirements. The actively-managed strategy aims to identify IPOs that already meet, or are expected to meet, key S&P 500 eligibility standards such as market capitalization and liquidity. By adding these newer issuers before potential index inclusion, the fund seeks to bridge a gap in traditional large-cap benchmark exposure.