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ILDR

GradeCNew York Stock Exchange Arca

First Trust Innovation Leaders ETF

Themes · First Trust · Inception 2021-05-25 · SEC filings

$39.79−0.65 (−1.61%)

As of Sep 23, 2026, 3:10 PM EDT

Intraday session: down, 54 prints from 40.44 to 39.79. Range 39.76 to 40.28. Use the arrow keys to read each point.$40.00$40.2010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$351M
1Y return
+21.6%
Yield · Last 12 months
0.00%
Holdings
81
Volume · 30D
0.1M sh
NAV per share
$40.10
52W range
low $28.19high $40.99

The ETF.net ILDR Grade

C

47/ 100

Rank 16 of 31 in Disruptive Innovation⁠

Confidence High

Six-pillar profile for ILDR. Scores out of 100: Cost 27, Risk 61, Mission 86, Tradability 59, Holdings 62, Durability 69. Strongest: Mission (86). Weakest: Cost (27). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 47 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 27
    Category rank24/31 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 86
    Category rank1/10 · top 10%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 61
    Category rank11/31 · top 35%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 59
    Category rank13/31 · top 42%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 62
    Category rank12/31 · top 39%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 69
    Category rank9/31 · top 29%

Graded as of Sep 22, 2026

Our read on ILDR

ETF.net Research

CMost innovation ETFs hand the job to an index. ILDR hands it to First Trust's own managers, who pick roughly 60 US and non-US names across seven innovation themes, from advanced medicine to the energy revolution.

Stated mandate

The Fund seeks capital appreciation and normally invests at least 80% of its assets in U.S. and non-U.S. companies that may benefit from scientific and technological innovation, including automation, advanced medicine, networks, advanced computing, enhanced mobility, the energy revolution, and e-commerce.

Why people hold it

  1. 01No index to hide behind. The managers pick the roughly 60 holdings themselves, so the lineup can shift as themes like automation and advanced computing evolve.stockanalysis.com
  2. 02It stays on brief: at least 80% of assets must sit in companies tied to scientific and technological innovation, and the portfolio closely reflects that mandate.ftportfolios.com
  3. 03Trading since 2021, with a mid-sized asset base and moderate volume, so it sidesteps the wide spreads common to thin thematic funds.
  4. 04Lands in the upper half of its disruptive-innovation peer group, a crowded shelf where plenty of funds promise the same themes.

Worth knowing

  1. 01At 0.75% a year it sits above the 0.65% peer median and well above index-based rivals like KOMP at 0.20%. Active stock-picking is what the premium buys.
  2. 02Concentrated by design: about 60 names, tech-heavy, non-diversified. Single-stock and single-theme swings land harder here than in a broad market fund.aaii.com
  3. 03Built for capital appreciation, not income. Payouts are not part of the mandate.

ILDR Holdings

As of Sep 21, 2026, 5:11 PM
Asset class
Other
Holdings
81
Top-10 weight
44%
Largest holding
NVDA9.8%

Sectors

  • Technology51.1%
  • Health Care13.7%
  • Industrials12.2%
  • Consumer Discr.8.4%
  • Communication7.8%
  • Financials3.1%
  • Utilities2.4%
  • Energy0.9%
  • Materials0.5%

Geography

  • United States86.44%
  • Ireland2.57%
  • Canada2.29%
  • Germany2.17%
  • Netherlands1.98%
  • France1.77%
  • Denmark1.58%
  • Sweden0.77%
  • Other countries (1)0.43%
The fund’s holdings, weight-ordered — page 1 of 6.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA Corporation9.78%150,518$33M828
002AMDAdvanced Micro Devices, Inc.5.79%35,392$20M618
003AMZNAmazon.com, Inc.5.79%78,073$20M720
004GOOGLAlphabet Inc. (Class A)4.82%47,118$16M704
005AVGOBroadcom Inc.3.57%34,129$12M732
006MRVLMarvell Technology, Inc.3.13%43,782$11M458
007LLYEli Lilly and Company3.02%8,954$10M569
008MUMicron Technology, Inc.2.80%9,413$10M655
009MSFTMicrosoft Corporation2.70%18,737$9M792
010ORCLOracle Corporation2.67%61,808$9M448
011ANETArista Networks, Inc.2.46%42,213$8M490
012ETNEaton Corporation Plc2.07%16,641$7M259
013TSLATesla, Inc.1.82%17,127$6M509
014SHOPShopify Inc. (Class A)1.81%48,249$6M111
015SU.PASchneider Electric SE1.80%18,737$6M173

Showing 1–15 of 82 holdings

ILDR Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ILDR$12,162
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. ILDR $12,162. SPY $11,723. Use the arrow keys to read each point.$8,265$10,358$12,451Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ILDR. Periods over one year show the average yearly return.
PeriodILDR
Year to date+22.6%
1 month+3.6%
3 months+4.6%
1 year+21.6%
3 years+33.3%per year
5 years+12.5%per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ILDR
YearReturn barILDR
2026 YTD+22.6%
2025+29.2%
2024+29.3%
2023+39.3%
2022−34.9%
2021+7.3%

History from May 26, 2021

ILDR in the news

ETF.net Research hasn’t filed on ILDR yet — coverage lands here as it’s written.

ILDR Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.00%Last 12 months
Payout per share
NoneLast 12 months

No distributions in the last 12 months.

Distribution history

Payments through 2021

One bar per payment. 1 payment in 2021. Dec 23, 2021 $0.03. Use the arrow keys to read each point.2021
Ex-datePay dateAmount per share
Dec 23, 2021Dec 31, 2021$0.03

ILDR Risk

How much the fund’s monthly returns vary, scaled to a year.
22.8%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.01
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−44.6%
Trough Jun 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.55
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

ILDR Cost

Expense ratio0.75%
  • The middle half of Disruptive Innovation funds
  • Median 0.65%

19 of the 31 Disruptive Innovation funds charge less.

ILDR costs $75.00 a year on $10,000. The median Disruptive Innovation fund costs $65.00.