Key stats
About Innovator Deepwater Frontier Tech ETF
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Inception date
Jul 25, 2018
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Innovator Capital Management LLC
Distributor
Foreside Fund Services LLC
LOUP provides exposure to a narrow basket of stocks shaping the emergence of AI, robotics, autonomous vehicles, computer perception, and virtual/mixed/augmented reality. To be included, companies must generate half of their revenues from one of these areas or exhibit significant revenue or expenditure growth in one of the areas. The fund excludes companies over $500 billion in market cap, avoiding the mega-cap tech giants that might otherwise dominate the portfolio. Eligible stocks are scored on revenue growth and revenue growth acceleration ranking. LOUP selects the 30 highest-scoring companies. Holdings are equally weighted within two tiers, the top five components are weighted at 5% each, reflecting the higher conviction in these firms. The technological sub-themes may change over time but will stay relevant to the funds frontier technology theme. The index is rebalanced and reconstituted monthly. Prior to April 03, 2023, the fund was named Innovator Loup Frontier Tech ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Stocks99.62%
Electronic Technology41.78%
Technology Services27.57%
Finance9.35%
Retail Trade6.03%
Commercial Services5.79%
Non-Energy Minerals3.08%
Transportation3.07%
Producer Manufacturing2.96%
Bonds, Cash & Other0.38%
Cash0.38%
Stock breakdown by region
North America78.25%
Middle East7.75%
Europe6.00%
Asia4.89%
Latin America3.10%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history