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Launched

Innovator Deepwater Frontier Tech ETF

LOUPNYSE ArcaInnovatorC

$69.42−1.11 (−1.57%)

As of Nov 10, 2026, 11:25 AM ET

C43/ 100

Rank 17 of 30 in Disruptive Innovation

C43/100Rank 17 of 30inDisruptive Innovation
Intraday session: down, 24 prints from 70.53 to 69.42. Range 69.13 to 70.25. Use the arrow keys to read each point.69.2569.7570.0070.2510 AM12 PM2 PM4 PM
Expense ratio
0.70%
Fund size
$165M
1Y total return
−10.5%
Yield · Last 12 months
No data
Holdings
31
Avg volume · 30D
14.4K sh
52W range
low $64.86high $100.31
Launched

The ETF.net LOUP Grade

Based on 5 of 6 pillars

C

Score 43 out of 100

Category
Disruptive Innovation⁠
Rank
17 of 30
Six-pillar profile for LOUP. Scores out of 100: Cost 40, Risk 23, Mission not scored, Tradability 50, Holdings 60, Durability 74. Strongest: Durability (74). Weakest: Risk (23). Based on 5 of 6 pillars.

Score 43 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.
    C40 out of 100
    Rank 18 of 30

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F23 out of 100
    Rank 28 of 30

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C50 out of 100
    Rank 16 of 30

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B60 out of 100
    Rank 14 of 30

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A74 out of 100
    Rank 5 of 30

Our read on LOUP

ETF.net Research

In short

CA concentrated take on frontier tech: roughly 30 actively picked names measured against Innovator's own Deepwater Frontier Tech Index. One of the earlier disruptive-innovation ETFs, and still one of the smaller ones.

Stated mandate

The actively managed ETF seeks to invest at least 80% of its net assets in equity securities of companies developing new technologies, referred to as Frontier Tech Companies.

Why people hold it

  • About 30 holdings, so a single winner actually moves the fund. Broad tech baskets dilute that away.
  • Actively run with a written floor: at least 80% of net assets in companies developing new technologies.innovatoretfs.com
  • The hunting ground spans US, international and emerging markets, not just the usual American megacaps.innovatoretfs.com
  • Live since 2018, before the thematic-innovation wave crested. It has carried the same frontier-tech mandate through the full cycle since.

Worth knowing

  • 0.70% a year sits above the 0.65% median for disruptive-innovation peers, and broader options undercut it (KOMP at 0.20%, XT at 0.46%).
  • Thinly traded with a modest asset base, which usually means wider spreads than the headline thematic funds.
  • Income isn't the point here: the fund hasn't been distributing, so the whole story rides on share price.

LOUP Holdings

Holdings pillarB60 out of 100Rank 14 of 30 in Disruptive Innovation
Asset class
Stocks
Holdings
31
Top-10 weight
41%
Largest holding
VST4.8%

Sectors

  • Technology58.7%
  • Industrials15.4%
  • Consumer Discretionary8.4%
  • Financials7.2%
  • Utilities4.4%
  • Energy3.3%
  • Communication2.5%

Geography

  • United States71.20%
  • Canada9.96%
  • Germany6.92%
  • Netherlands3.24%
  • United Kingdom2.94%
  • China2.90%
  • Brazil2.84%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1VSTVistra Corp4.77%62,876$7.85M342
2UUnity Software Inc4.61%147,377$7.59M144
3GLBEGlobal-e Online Ltd4.40%168,446$7.24M60
4BBBlackBerry Ltd4.16%783,677$6.85M20
5GLXYGalaxy Digital Inc4.06%488,796$6.68M108
6LRCXLam Research Corp3.73%30,624$6.14M593
7SNPSSynopsys Inc3.72%13,588$6.12M386
8SHOPShopify Inc3.72%41,099$6.12M127
9SHA0.DESchaeffler AG3.72%998,462$6.12M72
10GTLBGitlab Inc3.69%126,272$6.07M125
11RBRKRubrik Inc3.59%55,945$5.92M166
12CRDOCredo Technology Group Holding Ltd3.39%46,341$5.58M234
13AVAVAeroVironment Inc3.37%49,151$5.54M142
14ENR.DESiemens Energy AG3.37%42,111$5.54M172
15CCJCameco Corp3.36%77,629$5.53M50

Showing 1–15 of 31 holdings

LOUP Performance

Launched Jul 25, 2018

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.
LOUP$8,947
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. LOUP $8,947. SPY $11,339. Use the arrow keys to read each point.$8,000$10,000$12,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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 LOUP. Periods over one year show the average yearly return.
PeriodLOUP
Year to date−7.6%
1 month−22.6%
3 months−24.4%
1 year−10.5%
3 yearsper year+24.3%
5 yearsper year+3.8%
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 LOUP
YearReturn barLOUP
2026 YTD−7.6%
2025+43.3%
2024+21.8%
2023+51.3%
2022−46.0%
2021+7.5%
2020+86.2%

LOUP in the news

LOUP Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

LOUP Risk

Risk pillarF23 out of 100Rank 28 of 30 in Disruptive Innovation
How much the fund’s monthly returns vary, scaled to a year.
32.8%
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.
0.84
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.
−55.5%
Trough Oct 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.
2.04
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.

LOUP Cost

Compare LOUP and KOMP

Overpaying vs KOMP, cheapest in Disruptive Innovation

$9,451

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

  • LOUP 0.70%

    $13,606

  • KOMP 0.20% Cheapest

    $4,155

$10,000
30 years

Cost over time

  • LOUP 0.70%
  • 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$15K051015202530LOUP $13,606KOMP $4,155

Year by year

YearLOUPKOMPOverpaying
10$1,250$365$885
20$4,760$1,421$3,339
30$13,606$4,155$9,451

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