ILDR vs KOMP: Grades, Fees and Holdings Compared

First Trust Innovation Leaders ETF

ILDRCNYSE Arca

State Street SPDR S&P Kensho New Economies Composite ETF

KOMPANYSE Arca

Overlap

9.7%by weight

Expense ratio

KOMP −0.55pt a year

ILDR0.75%KOMP0.20%

Avg volume · 30D

KOMP 1.3×the volume

ILDR53.6KKOMP70K

5Y return · a year

ILDR +9.1pt

ILDR+9.7%KOMP+0.6%

ILDR vs KOMP Performance

Oct 29, 2021 – Oct 30, 2026

+58.6%ILDR+3.2%KOMP

Expense ratio: ILDR 0.75%; KOMP 0.20%, better
Fund size: ILDR $335M; KOMP $2.57B
1Y total return: ILDR +4.8%, better; KOMP −1.6%
Yield (12M): ILDR 0.00%; KOMP 1.63%, better
Holdings: ILDR 82; KOMP 501
Avg volume (30D): ILDR 53.6K sh; KOMP 70K sh, better
NAV per share: ILDR $36.05; KOMP $64.63
52W range

ETF.net Grade

Pillar letters and Scores for ILDR, KOMP, with each pillar’s weight
Pillar	ILDR	KOMP
Cost30% weight	F22	A100Higher
Mission25% weight	A86	Not scored
Risk15% weight	B62Higher	B55
Tradability15% weight	C52	A77Higher
Holdings10% weight	B64	A88Higher
Durability5% weight	B68	A88Higher

Rank among Disruptive Innovation funds

How we build Categories ›

Same Category. ILDR and KOMP are both graded against the same 30 Disruptive Innovation funds, so their Grades compare head to head.

Disruptive Innovation⁠

Category · 30 funds

See all 30 ›

KOMP ranks 2nd and ILDR 16th of 30 funds in the Disruptive Innovation Category.

Rank 1AXTiShares Future Exponential Technologies ETFScore 86
Rank 2AKOMPState Street SPDR S&P Kensho New Economies Composite ETFScore 83
Rank 3ATRFMAAM Transformers ETFScore 74
Rank 15CGXDWGlobal X Dorsey Wright Thematic ETFScore 48
Rank 16CILDRFirst Trust Innovation Leaders ETFScore 44
Rank 16CTECHarbor Transformative Technologies ETF (TEC)Score 44

Our read on each fund

ETF.net Research

ILDRCFirst Trust Innovation Leaders ETF

KOMPAState Street SPDR S&P Kensho New Economies Composite ETF

In short

ILDR Most 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.

KOMP Most thematic funds bet on one idea. KOMP buys the whole Fourth Industrial Revolution: 20-plus Kensho subsectors, from robotics to genetic engineering, spread across roughly 500 global stocks for 0.20% a year.

Stated mandate

ILDR 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.

KOMP The Fund seeks investment results that generally correspond, before fees and expenses, to the total return performance of the S&P Kensho New Economies Composite Index.

Why people hold it

ILDR 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.

KOMP 0.20% a year, under a third of the typical disruptive-innovation fund's fee and below peers like XT (0.46%) and TRFM (0.49%).
Kensho's language-processing engine scans regulatory filings for context and keywords, so membership rests on what a company discloses it does, not an old sector label.ssga.com spglobal.com
About 500 global names across 20-plus subsectors, equal weighted within each group with extra weight to 'core' operators. One mega-cap can't run the show.spglobal.com
Trading since 2018 and now a multi-billion-dollar fund, it sits among the strongest implementations in the disruptive-innovation group.

Worth knowing

ILDR 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.

KOMP Equal weighting reaches down into smaller, earlier-stage innovators, so swings run wider than a plain broad-market index fund.spglobal.com
Subsector weights follow a risk-adjusted-return formula with annual reconstitution, so the mix drifts toward industries that have recently performed well.ssga.com spglobal.com
Breadth cuts both ways: a pure play on one theme like AI or space gets diluted here across the entire innovation map.spglobal.com

Full ILDR profile⁠

Full KOMP profile⁠

ILDR vs KOMP Holdings

How ILDR and KOMP differ

Overlap by weight

9.7%

Shared holdings make up 43.6% of ILDR and 10.2% of KOMP.

Level by level

Holdings36 in both9.7%
Sector10 Sectors80.3%
Countryby domicile89.3%
Asset classEquity100%

Sector

Sector weights in ILDR and KOMP, widest gap first
Sector	More in ILDRMore in KOMP	ILDR	KOMP
Technology	ILDR +13.7 points	53.2%	39.5%
Industrials	KOMP +11.4 points	11.5%	22.9%
Consumer Discretionary	ILDR +3.1 points	8.6%	5.5%
Communication	ILDR +2.8 points	7.4%	4.6%
Materials	KOMP +2.7 points	0.4%	3.1%
Health Care	KOMP +1.9 points	13.3%	15.2%
Financials	KOMP +1.8 points	2.4%	4.2%
Energy	KOMP +0.6 points	0.9%	1.5%
Utilities	KOMP +0.7 points	2.3%	3.0%
Consumer Staples	KOMP +0.6 points	0.0%	0.6%

Country, concentration and asset class

Country by domicile

Country weights in ILDR and KOMP, widest gap first
Country	More in ILDRMore in KOMP	ILDR	KOMP
China	KOMP +3.5 points	0.0%	3.5%
Ireland	ILDR +2.6 points	2.6%	0.0%
Germany	ILDR +2.2 points	2.2%	0.0%
Israel	KOMP +2.0 points	0.5%	2.5%
France	ILDR +1.6 points	1.6%	0.0%
Netherlands	ILDR +1.4 points	1.7%	0.3%
Canada	ILDR +1.1 points	2.8%	1.7%
Denmark	ILDR +1.0 points	1.0%	0.0%
Other countries (16)	KOMP +4.4 points	87.7%	92.1%

Concentration

Weight in the 10 largest Holdings

ILDR44.1%
KOMP11.1%

Securities held

ILDR81
KOMP498

Asset class

ILDR: Equity
KOMP: Equity

Holdings

Only in ILDR45
In both36
Only in KOMP462

Only in ILDR

45 securities, 56.1% of ILDR by weight

Amazon.com, Inc.5.94%
Advanced Micro Devices, Inc.5.66%
Alphabet Inc. (Class A)4.18%
Eli Lilly and Company4.02%
Marvell Technology, Inc.2.72%
Oracle Corporation2.56%
Arista Networks, Inc.2.26%
Eaton Corporation Plc1.95%
Siemens Energy AG1.62%
Schneider Electric SE1.58%
Neurocrine Biosciences, Inc.1.30%
Dell Technologies Inc. (Class C)1.15%
Palantir Technologies Inc. (Class A)1.09%
Xometry, Inc. (Class A)1.08%
Ascendis Pharma A/S1.07%
Solaris Energy Infrastructure, Inc. (Class A)1.05%
BridgeBio Pharma, Inc.1.01%
Toast, Inc. (Class A)0.94%
Adyen NV0.92%
Mirum Pharmaceuticals, Inc.0.90%
Halozyme Therapeutics, Inc.0.90%
argenx SE0.89%
Spotify Technology S.A.0.86%
Madrigal Pharmaceuticals, Inc.0.85%
Everpure, Inc. (Class A)0.84%
MongoDB, Inc.0.68%
Airbnb, Inc. (Class A)0.60%
Semtech Corporation0.59%
Kymera Therapeutics, Inc.0.58%
Viridian Therapeutics, Inc.0.57%
Vertiv Holdings Co (Class A)0.56%
Nurix Therapeutics, Inc.0.55%
Forgent Power Solutions, Inc. (Class A)0.55%
Rheinmetall AG0.53%
Space Exploration Technologies Corp. (Class A)0.48%
Cellebrite DI Ltd.0.47%
Vistra Corp.0.44%
Intel Corporation0.43%
Rambus Inc.0.36%
MDA Space Ltd.0.34%
Quantinuum Inc. (Class A)0.32%
IonQ, Inc.0.21%
Oklo Inc. (Class A)0.18%
AST SpaceMobile, Inc.0.17%
NuScale Power Corporation (Class A)0.16%

Only in KOMP

462 securities, 89.7% of KOMP by weight

Twist Bioscience Corp1.90%
Ptc Inc1.40%
3D Systems Corp1.18%
Bruker Corp1.12%
Elbit Systems Ltd1.10%
Unity Software Inc0.97%
Himax Technologies Inc Adr0.90%
Ambarella Inc0.88%
Stratasys Ltd0.70%
Teledyne Technologies Inc0.68%
Snap Inc A0.67%
Kopin Corp0.65%
Leidos Holdings Inc0.64%
Parsons Corp0.61%
Rockwell Automation Inc0.55%
Emerson Electric Co0.53%
Redwire Corp0.52%
Kla Corp0.52%
Vuzix Corp0.51%
Danaher Corp0.51%
Proto Labs Inc0.51%
Northrop Grumman Corp0.51%
Atlassian Corp Class A0.50%
Alarm.com Holdings Inc0.50%
Adt Inc0.50%
Generac Holdings Inc0.49%
Intuitive Surgical Inc0.49%
Thermo Fisher Scientific Inc0.49%
On Semiconductor0.48%
Ondas Inc0.48%
Iridium Communications Inc0.47%
Lockheed Martin Corp0.47%
Unusual Machines Inc /Us0.47%
Cabot Corp0.46%
Cognex Corp0.46%
Ameresco Inc Class A0.45%
Autodesk Inc0.45%
Oceaneering Intl Inc0.45%
Heico Corp0.45%
Nve Corp0.44%
Viasat Inc0.42%
Novanta Inc0.42%
Forum Energy Technologies In0.40%
Moderna Inc0.40%
Ceva Inc0.39%
Arlo Technologies Inc0.39%
Transalta Corp0.38%
Ringcentral Inc Class A0.38%
Charles River Laboratories0.38%
Johnson Controls Internation0.38%

Weight gaps

All 36 Holdings in both funds, largest gap first.

Holding weights in ILDR and KOMP, widest gap first
Holding	More in ILDRMore in KOMP	ILDR	KOMP
NVIDIA CorporationNVDA	ILDR +8.96 points	9.76%	0.80%
Broadcom Inc.AVGO	ILDR +3.42 points	3.53%	0.11%
Microsoft CorporationMSFT	ILDR +2.86 points	3.10%	0.24%
Shopify Inc. (Class A)SHOP	ILDR +2.35 points	2.41%	0.06%
Micron Technology, Inc.MU	ILDR +2.18 points	2.64%	0.46%
Tesla, Inc.TSLA	ILDR +1.35 points	2.17%	0.81%
Rubrik, Inc. (Class A)RBRK	ILDR +1.35 points	1.63%	0.28%
NextEra Energy, Inc.NEE	ILDR +0.94 points	1.24%	0.30%
Palo Alto Networks, Inc.PANW	ILDR +0.85 points	1.09%	0.24%
Robinhood Markets, Inc. (Class A)HOOD	ILDR +0.80 points	0.84%	0.04%
ServiceNow, Inc.NOW	ILDR +0.77 points	1.04%	0.27%
Block, Inc. (Class A)XYZ	ILDR +0.71 points	0.75%	0.04%
Figure Technology Solutions, Inc. (Class A)FIGR	ILDR +0.70 points	0.74%	0.04%
GE Vernova Inc.GEV	ILDR +0.66 points	0.85%	0.19%
Zscaler, Inc.ZS	ILDR +0.56 points	0.78%	0.22%
IDEAYA Biosciences, Inc.IDYA	ILDR +0.46 points	0.53%	0.07%
Cloudflare, Inc. (Class A)NET	ILDR +0.45 points	0.60%	0.15%
CrowdStrike Holdings, Inc. (Class A)CRWD	ILDR +0.44 points	0.71%	0.27%
Zebra Technologies CorporationZBRA	ILDR +0.41 points	0.84%	0.43%
Meta Platforms, Inc. (Class A)META	ILDR +0.41 points	1.12%	0.71%
Modine Manufacturing CompanyMOD	ILDR +0.39 points	0.45%	0.06%
Alnylam Pharmaceuticals, Inc.ALNY	ILDR +0.38 points	0.43%	0.05%
Leonardo DRS, Inc.DRS	ILDR +0.38 points	0.53%	0.15%
Reddit, Inc. (Class A)RDDT	ILDR +0.36 points	0.40%	0.04%
Coinbase Global, Inc. (Class A)COIN	ILDR +0.35 points	0.66%	0.31%
Synopsys, Inc.SNPS	ILDR +0.31 points	0.54%	0.23%
Ouster, Inc.OUST	KOMP +0.31 points	0.46%	0.77%
Alkermes PlcALKS	ILDR +0.27 points	0.62%	0.35%
AeroVironment, Inc.AVAV	KOMP +0.22 points	0.59%	0.81%
BWX Technologies, Inc.BWXT	ILDR +0.22 points	0.33%	0.11%
Constellation Energy CorporationCEG	ILDR +0.17 points	0.56%	0.39%
Karman Holdings Inc.KRMN	ILDR +0.15 points	0.34%	0.19%
HP Inc.HPQ	ILDR +0.12 points	0.61%	0.49%
Indie Semiconductor, Inc.INDI	ILDR +0.08 points	0.18%	0.10%
Planet Labs PBC (Class A)PL	ILDR +0.07 points	0.21%	0.14%
Carpenter Technology CorporationCRS	ILDR +0.07 points	0.36%	0.29%

All 81 ILDR holdings⁠All 499 KOMP holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ILDR vs KOMP Cost

Overpaying ILDR vs KOMP

$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%
$4,155

Amount$10,000

Years30 years

Cost over time

ILDR 0.75%
KOMP 0.20%
Overpaying

Year by year

Year	ILDR	KOMP	Overpaying
10	$1,336	$365	$971
20	$5,078	$1,421	$3,657
30	$14,482	$4,155	$10,327

Expense ratio

0.75%ILDR
0.20%KOMP, cheaper

KOMP0.20%ILDR0.75%

0.20%0.90%

Middle half of Disruptive Innovation funds
Median 0.65%

KOMP cheapest of 30 funds

ILDR 20th cheapest of 30 funds

ILDR vs KOMP Dividends

Last 12 months to Oct 30, 2026

Yield (12M): ILDR 0.00%; KOMP 1.63%, better
Payout (12M): ILDR None; KOMP $1.02
Last payment: ILDR No data; KOMP $0.13
Ex-dividend: ILDR No data; KOMP Sep 21, 2026
Paid on: ILDR No data; KOMP Sep 23, 2026
Frequency: ILDR No data; KOMP Quarterly

Distribution history

Per share, 2018 to 2026, same scale for both

ILDR1 paymentAll ILDR payments⁠

KOMPQuarterly · 33 paymentsAll KOMP payments⁠

ILDR vs KOMP Risk

Fall from peak · 5 years

ILDR
KOMP

Risk facts

VolatilityStd dev, 3 years: ILDR 22.8%KOMP 22.3%, better
Return per unit of riskSharpe ratio, 3 years: ILDR 1.07, betterKOMP 0.76
Worst fallMax drawdown, 5 years: ILDR −44.6%, betterKOMP −45.4%
Market sensitivityBeta, 5 years: ILDR 1.55KOMP 1.65; Market = 1

ILDR and KOMP in the news

All news⁠

New ETFs
Tuttle's GANZ looks for a theme's suppliers, but its own rule gives them the smaller share
Oct 27, 2026KOMP
ETF Filings
Golden Eagle files a second ETF without the 40% sales rule of the fund it already runs
Oct 8, 2026ILDR
Deep Dive
Disruptive innovation ETFs share a label, not a portfolio
Sep 11, 2026KOMP

Popular comparisons

ILDRCvsXTA
First Trust Innovation Leaders ETF · iShares Future Exponential Technologies ETF
Expense ratio
0.75% · 0.46%
Category
KOMPAvsXTA
State Street SPDR S&P Kensho New Economies Composite ETF · iShares Future Exponential Technologies ETF
Expense ratio
0.20% · 0.46%
Category
ILDRCvsTRFMA
First Trust Innovation Leaders ETF · AAM Transformers ETF
Expense ratio
0.75% · 0.49%
Category
KOMPAvsTRFMA
State Street SPDR S&P Kensho New Economies Composite ETF · AAM Transformers ETF
Expense ratio
0.20% · 0.49%
Category
ILDRCvsXITKA
First Trust Innovation Leaders ETF · State Street SPDR FactSet Innovative Technology ETF
Expense ratio
0.75% · 0.45%
Category
KOMPAvsXITKA
State Street SPDR S&P Kensho New Economies Composite ETF · State Street SPDR FactSet Innovative Technology ETF
Expense ratio
0.20% · 0.45%
Category

ILDR vs KOMP

In short

Stated mandate

Why people hold it