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Launched · SEC filings

First Trust Innovation Leaders ETF

ILDRNYSE ArcaC

$39.62−0.19 (−0.48%)

At close: Oct 13, 2026, 4:00 PM

C46/ 100

Rank 16 of 31 in Disruptive Innovation

C46/100Rank 16 of 31inDisruptive Innovation
Intraday session: down, 30 prints from 39.81 to 39.62. Range 39.39 to 39.76. Use the arrow keys to read each point.39.4039.5039.7010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$369M
1Y total return
+22.4%
Yield · Last 12 months
0.00%
Holdings
82
Avg volume · 30D
0.1M sh
NAV per share
$40.29
52W range
low $28.19high $41.10
Launched
Filings
SEC EDGAR

The ETF.net ILDR Grade

C

Score 46 out of 100

Category
Disruptive Innovation⁠
Rank
16 of 31
Six-pillar profile for ILDR. Scores out of 100: Cost 27, Risk 60, Mission 86, Tradability 53, Holdings 62, Durability 71. Strongest: Mission (86). Weakest: Cost (27). Leans toward Mission.

Score 46 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.
    D27 out of 100
    Rank 20 of 31

  • 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.
    B60 out of 100
    Rank 12 of 31

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C53 out of 100
    Rank 14 of 31

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B62 out of 100
    Rank 13 of 31

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A71 out of 100
    Rank 8 of 31

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 Oct 12, 2026
Asset class
Other
Holdings
82
Top-10 weight
44%
Largest holding
NVDA9.8%

Sectors

  • Technology54.2%
  • Industrials12.6%
  • Health Care11.6%
  • Consumer Discretionary8.0%
  • Communication7.2%
  • Financials2.6%
  • Utilities2.3%
  • Energy1.1%
  • Materials0.4%

Geography

  • United States87.56%
  • Canada2.66%
  • Ireland2.53%
  • Germany2.10%
  • Netherlands1.61%
  • France1.59%
  • Denmark0.87%
  • Sweden0.69%
  • Other countries (1)0.39%
The fund’s holdings, weight-ordered — page 1 of 6.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA Corporation9.79%157,398$36M847
002AMDAdvanced Micro Devices, Inc.6.10%37,008$23M635
003AMZNAmazon.com, Inc.5.81%81,641$21M736
004GOOGLAlphabet Inc. (Class A)4.70%49,270$17M709
005AVGOBroadcom Inc.3.50%35,689$13M754
006MRVLMarvell Technology, Inc.3.42%45,782$13M470
007LLYEli Lilly and Company2.99%9,362$11M583
008MSFTMicrosoft Corporation2.84%19,593$10M815
009MUMicron Technology, Inc.2.75%9,845$10M679
010ANETArista Networks, Inc.2.59%44,141$10M509
011ORCLOracle Corporation2.48%64,632$9M447
012SHOPShopify Inc. (Class A)2.34%50,457$9M131
013ETNEaton Corporation Plc2.03%17,401$7M333
014TSLATesla, Inc.1.86%17,911$7M521
015ENR.DESiemens Energy AG1.66%37,670$6M160

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$12,242
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. ILDR $12,242. SPY $12,044. Use the arrow keys to read each point.$8,533$10,683$12,833Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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+20.8%
1 month+3.3%
3 months+2.7%
1 year+22.4%
3 yearsper year+31.7%
5 yearsper year+13.1%
10 yearsFund is under 10 years oldper 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+20.8%
2025+29.2%
2024+29.3%
2023+39.3%
2022−34.9%
2021+7.3%

History from May 26, 2021

ILDR in the news

Filtered to ILDR · Disruptive Innovation

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 12, 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.
22.2%
Annualised · 36 months to Sep 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.
1.16
vs 3-month T-bills · to Sep 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.

Other funds in Disruptive Innovation

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