The Renaissance IPO ETF (NYSEArca: IPO) will part ways with nine of its current holdings while welcoming three additions when the exchange traded fund undergoes its quarterly rebalancing later this month.

The Renaissance IPO Index (Ticker: IPOUSA), the underlying index for IPO, will implement constituent changes after the close of U.S. markets on March 20, according to a statement from Renaissance Capital.

Among the nine stocks departing IPO is Zoetis (NYSE: ZTS), currently the ETF’s largest holding at a weight of nearly 10%. Shares of Zoetis are up 7.6% this year and the stock has helped IPO jumped 5%, keeping the ETF durable even in the face of Alibaba (NYSE: BABA), the fund’s third-largest holding, entering a bear market. [IPO ETFs Survives Alibaba’s Struggles]

Norwegian Cruise Line (NasdaqGS: NCLH) and Pinnacle Foods (NYSE: PF) are among the other stocks leaving IPO. IPO’s underlying index only holds companies for two years after the IPO date.

The new additions to the Renaissance IPO Index will be Juno Therapeutics (NasdaqGS: JUNO), Shell Midstream Partners (NYSE: SHLX) and Cnova (NasdaqGS: CNV). Shares of Juno, a maker of cancer therapies, are up 31.4% since the company’s December initial public offering.