Skip to content
etf.net

Launched

Innovator Deepwater Frontier Tech ETF

LOUPNYSE ArcaC

$87.33−1.23 (−1.39%)

As of Oct 13, 2026, 3:57 PM

C45/ 100

Rank 17 of 31 in Disruptive Innovation

C45/100Rank 17 of 31inDisruptive Innovation
Intraday session: down, 44 prints from 88.57 to 87.33. Range 86.87 to 88.14. Use the arrow keys to read each point.87.0087.7588.0088.2510 AM12 PM2 PM4 PM
Expense ratio
0.70%
Fund size
$221M
1Y total return
+17.9%
Yield · Last 12 months
—
Holdings
31
Avg volume · 30D
0M sh
NAV per share
$88.53
52W range
low $64.87high $100.31
Launched

The ETF.net LOUP Grade

Based on 5 of 6 pillars

C

Score 45 out of 100

Category
Disruptive Innovation⁠
Rank
17 of 31
Six-pillar profile for LOUP. Scores out of 100: Cost 42, Risk 36, Mission not scored, Tradability 44, Holdings 60, Durability 72. Strongest: Durability (72). Weakest: Risk (36). Based on 5 of 6 pillars.

Score 45 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.
    C42 out of 100
    Rank 18 of 31

  • 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.
    D36 out of 100
    Rank 23 of 31

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C44 out of 100
    Rank 18 of 31

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B60 out of 100
    Rank 14 of 31

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A72 out of 100
    Rank 6 of 31

Our read on LOUP

ETF.net Research

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

  1. 01About 30 holdings, so a single winner actually moves the fund. Broad tech baskets dilute that away.
  2. 02Actively run with a written floor: at least 80% of net assets in companies developing new technologies.innovatoretfs.com
  3. 03The hunting ground spans US, international and emerging markets, not just the usual American megacaps.innovatoretfs.com
  4. 04Live since 2018, before the thematic-innovation wave crested. It has carried the same frontier-tech mandate through the full cycle since.

Worth knowing

  1. 010.70% 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%).
  2. 02Thinly traded with a modest asset base, which usually means wider spreads than the headline thematic funds.
  3. 03Income isn't the point here: the fund hasn't been distributing, so the whole story rides on share price.

LOUP Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
31
Top-10 weight
40%
Largest holding
CRDO5.4%

Sectors

  • Technology65.1%
  • Industrials13.8%
  • Financials6.5%
  • Consumer Discretionary5.6%
  • Communication3.2%
  • Utilities3.2%
  • Energy2.6%

Geography

  • United States59.67%
  • Canada9.79%
  • Cayman Islands5.65%
  • Germany5.25%
  • Netherlands3.98%
  • United Kingdom3.46%
  • Israel3.35%
  • Brazil3.09%
  • Other countries (2)5.75%

Developed 63% · Emerging 37% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001CRDOCredo Technology Group Holding Ltd5.38%59,301$12M234
002DDOGDatadog Inc4.23%32,596$9M424
003SHOPShopify Inc4.14%51,102$9M131
004RBRKRubrik Inc4.06%74,787$9M148
005SNPSSynopsys Inc3.97%17,480$9M381
006BESI.ASBE Semiconductor Industries NV3.88%43,847$9M115
007TWLOTwilio Inc3.87%30,337$9M323
008MRVLMarvell Technology Inc3.65%30,402$8M470
009UUnity Software Inc3.38%160,300$7M140
010RPI.LRaspberry PI Holdings PLC3.34%869,004$7M18
011SNOWSnowflake Inc3.33%20,425$7M335
012BBBlackBerry Ltd3.32%870,757$7M20
013RDDTReddit Inc3.32%45,875$7M284
014GLXYGalaxy Digital Inc3.30%367,753$7M105
015CBRSCerebras Systems Inc3.30%49,795$7M94

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$11,788
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. LOUP $11,788. SPY $12,044. Use the arrow keys to read each point.$8,622$11,134$13,647Oct 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 LOUP. Periods over one year show the average yearly return.
PeriodLOUP
Year to date+15.8%
1 month+3.0%
3 months−6.2%
1 year+17.9%
3 yearsper year+34.6%
5 yearsper year+11.5%
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 LOUP
YearReturn barLOUP
2026 YTD+15.8%
2025+43.3%
2024+21.8%
2023+51.3%
2022−46.0%
2021+7.5%
2020+86.2%

LOUP in the news

Filtered to LOUP · Disruptive Innovation

LOUP Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

LOUP Risk

How much the fund’s monthly returns vary, scaled to a year.
31.2%
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.
1.00
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.
−55.6%
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.

LOUP Cost

Expense ratio0.70%
  • The middle half of Disruptive Innovation funds
  • Median 0.65%

18 of the 31 Disruptive Innovation funds charge less.

LOUP costs $70.00 a year on $10,000. The median Disruptive Innovation fund costs $65.00.

Other funds in Disruptive Innovation

See others