Key stats
About Innovator Deepwater Frontier Tech ETF
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Inception date
Jul 25, 2018
Structure
Open-Ended Fund
Replication method
Physical
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
Stocks100.00%
Electronic Technology40.72%
Technology Services30.74%
Commercial Services8.19%
Finance6.08%
Retail Trade5.28%
Non-Energy Minerals3.26%
Producer Manufacturing3.03%
Transportation2.71%
Bonds, Cash & Other−0.00%
Cash−0.00%
Stock breakdown by region
North America78.90%
Middle East7.26%
Europe5.75%
Asia5.23%
Latin America2.86%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LOUP invests in stocks. The fund's major sectors are Electronic Technology, with 40.72% stocks, and Technology Services, with 30.75% of the basket. The assets are mostly located in the North America region.
LOUP top holdings are Astera Labs, Inc. and Roblox Corp. Class A, occupying 5.93% and 5.80% of the portfolio correspondingly.
LOUP assets under management is 89.23 M USD. It's risen 13.75% over the last month.
LOUP fund flows account for 22.54 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, LOUP doesn't pay dividends to its holders.
LOUP shares are issued by Innovator Capital Management LLC under the brand Innovator. The ETF was launched on Jul 25, 2018, and its management style is Passive.
LOUP expense ratio is 0.70% meaning you'd have to pay 0.70% of your investment to help manage the fund.
LOUP follows the Loup Frontier Tech Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LOUP invests in stocks.
LOUP price has risen by 15.25% over the last month, and its yearly performance shows a 23.18% increase. See more dynamics on LOUP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 14.12% over the last month, showed a 15.21% increase in three-month performance and has increased by 25.16% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 14.12% over the last month, showed a 15.21% increase in three-month performance and has increased by 25.16% in a year.
LOUP trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.