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Launched · SEC filings

First Trust Innovation Leaders ETF

ILDRNYSE ArcaFirst TrustC

$35.29−0.73 (−2.03%)

As of Nov 2, 2026, 3:59 PM ET

C44/ 100

Rank 16 of 30 in Disruptive Innovation

C44/100Rank 16 of 30inDisruptive Innovation
Intraday session: down, 79 prints from 36.02 to 35.29. Range 35.29 to 36.36. Use the arrow keys to read each point.35.6035.8036.2036.4010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$335M
1Y total return
+4.8%
Yield · Last 12 months
0.00%
Holdings
82
Avg volume · 30D
53.6K sh
52W range
low $28.19high $41.10
Launched
Filings
SEC EDGAR

The ETF.net ILDR Grade

C

Score 44 out of 100

Category
Disruptive Innovation⁠
Rank
16 of 30
Six-pillar profile for ILDR. Scores out of 100: Cost 22, Risk 62, Mission 86, Tradability 52, Holdings 64, Durability 68. Strongest: Mission (86). Weakest: Cost (22). Leans toward Mission.

Score 44 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F22 out of 100
    Rank 20 of 30

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A86 out of 100
    Rank 1 of 10

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B62 out of 100
    Rank 10 of 30

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C52 out of 100
    Rank 15 of 30

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B64 out of 100
    Rank 13 of 30

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B68 out of 100
    Rank 9 of 30

Our read on ILDR

ETF.net Research

In short

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

  • No 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
  • It 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
  • Trading since 2021, with a mid-sized asset base and moderate volume, so it sidesteps the wide spreads common to thin thematic funds.
  • Lands in the upper half of its disruptive-innovation peer group, a crowded shelf where plenty of funds promise the same themes.

Worth knowing

  • At 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.
  • Concentrated 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
  • Built for capital appreciation, not income. Payouts are not part of the mandate.

ILDR Holdings

Holdings pillarB64 out of 100Rank 13 of 30 in Disruptive Innovation
Asset class
Stocks
Holdings
82
Top-10 weight
44%
Largest holding
NVDA9.8%

Sectors

  • Technology53.2%
  • Health Care13.3%
  • Industrials11.5%
  • Consumer Discretionary8.6%
  • Communication7.4%
  • Financials2.4%
  • Utilities2.3%
  • Energy0.9%
  • Materials0.4%

Geography

  • United States86.94%
  • Canada2.78%
  • Ireland2.57%
  • Germany2.17%
  • Netherlands1.71%
  • France1.57%
  • Denmark1.03%
  • Sweden0.77%
  • Other countries (1)0.46%
The fund’s holdings, weight-ordered — page 1 of 6.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1NVDANVIDIA Corporation9.76%159,978$32.7M848
2AMZNAmazon.com, Inc.5.94%82,979$19.9M738
3AMDAdvanced Micro Devices, Inc.5.66%37,614$19M638
4GOOGLAlphabet Inc. (Class A)4.18%50,077$14M707
5LLYEli Lilly and Company4.02%9,515$13.5M593
6AVGOBroadcom Inc.3.53%36,274$11.8M753
7MSFTMicrosoft Corporation3.10%19,914$10.4M819
8MRVLMarvell Technology, Inc.2.72%46,532$9.14M478
9MUMicron Technology, Inc.2.64%10,007$8.85M686
10ORCLOracle Corporation2.56%65,691$8.58M451
11SHOPShopify Inc. (Class A)2.41%51,285$8.08M129
12ANETArista Networks, Inc.2.26%44,864$7.58M511
13TSLATesla, Inc.2.17%18,205$7.28M528
14ETNEaton Corporation Plc1.95%17,686$6.54M336
15RBRKRubrik, Inc. (Class A)1.63%44,037$5.47M160

Showing 1–15 of 82 holdings

ILDR Performance

Launched May 25, 2021

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

Not enough history yet.
ILDR$10,483
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. ILDR $10,483. SPY $11,199. Use the arrow keys to read each point.$8,000$10,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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+9.2%
1 month−8.8%
3 months−1.0%
1 year+4.8%
3 yearsper year+29.9%
5 yearsper year+9.7%
10 yearsFund is under 10 years oldper yearNo data

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+9.2%
2025+29.2%
2024+29.3%
2023+39.3%
2022−34.9%
2021+7.3%

History from May 26, 2021

ILDR in the news

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 Oct 30, 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

$10,000 in ILDR 5 years ago paid $14.44 in dividends.

ILDR Risk

Risk pillarB62 out of 100Rank 10 of 30 in Disruptive Innovation
How much the fund’s monthly returns vary, scaled to a year.
22.8%
Annualised · 36 months to Oct 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.
1.07
vs 3-month T-bills · to Oct 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.

FMP measures it over up to five years of monthly returns.

ILDR Cost

Compare ILDR and KOMP

Overpaying vs KOMP, cheapest in Disruptive Innovation

$10,327

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ILDR 0.75%

    $14,482

  • KOMP 0.20% Cheapest

    $4,155

$10,000
30 years

Cost over time

  • ILDR 0.75%
  • KOMP 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530ILDR $14,482KOMP $4,155

Year by year

YearILDRKOMPOverpaying
10$1,336$365$971
20$5,078$1,421$3,657
30$14,482$4,155$10,327

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