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KOMP vs LOUP

State Street SPDR S&P Kensho New Economies Composite ETF

KOMPANYSE Arca

Innovator Deepwater Frontier Tech ETF

LOUPCNYSE Arca

Overlap

Expense ratio

KOMP −0.50pt a year

KOMP0.20%LOUP0.70%

Avg volume · 30D

KOMP 4.8×the volume

KOMP68.9KLOUP14.4K

5Y return · a year

LOUP +4.2pt

KOMP−0.4%LOUP+3.8%

KOMP vs LOUP Performance

Nov 9, 2021 – Nov 9, 2026

−1.9%KOMP+20.3%LOUP

Nov 9, 2021 to Nov 9, 2026. KOMP −1.9%. LOUP +20.3%. Use the arrow keys to read each point.−50%−25%50%75%Nov 2021May 2024Nov 2026
Expense ratio
KOMP 0.20%, better
LOUP 0.70%
Fund size
KOMP $2.39B
LOUP $165M
1Y total return
KOMP +1.6%, better
LOUP −10.5%
Yield (12M)
KOMP 1.63%
LOUP No data
Holdings
KOMP 501
LOUP 31
Avg volume (30D)
KOMP 68.9K sh, better
LOUP 14.4K sh
NAV per share
KOMP $60.11
LOUP $67.19
52W range

ETF.net Grade

KOMP: Cost 100, Risk 58, Mission not scored, Tradability 78, Holdings 89, Durability 89. LOUP: Cost 40, Risk 23, Mission not scored, Tradability 50, Holdings 60, Durability 74.
Pillar letters and Scores for KOMP, LOUP, with each pillar’s weight
PillarKOMPLOUP
Cost30% weightA100HigherC40
Mission25% weightNot scoredNot scored
Risk15% weightB58HigherF23
Tradability15% weightA78HigherC50
Holdings10% weightA89HigherB60
Durability5% weightA89HigherA74

Rank among Disruptive Innovation funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. KOMP and LOUP 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 LOUP 17th of 30 funds in the Disruptive Innovation Category.

  1. Rank 1AXTiShares Future Exponential Technologies ETFScore 85
  2. Rank 2AKOMPState Street SPDR S&P Kensho New Economies Composite ETFScore 84
  3. Rank 3ATRFMAAM Transformers ETFScore 74
  4. Rank 16CILDRFirst Trust Innovation Leaders ETFScore 45
  5. Rank 17CLOUPInnovator Deepwater Frontier Tech ETFScore 43
  6. Rank 18CARKKARK Innovation ETFScore 42

Our read on each fund

ETF.net Research

KOMPAState Street SPDR S&P Kensho New Economies Composite ETF

LOUPCInnovator Deepwater Frontier Tech ETF

In short

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.

LOUP A 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

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.

LOUP 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

  • 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.comspglobal.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.
  • LOUP 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

  • 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.comspglobal.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
  • LOUP 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.

Full KOMP profile⁠

Full LOUP profile⁠

KOMP vs LOUP 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.

KOMP vs LOUP Cost

Overpaying LOUP vs KOMP

$9,451

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

  • KOMP 0.20%

    $4,155

  • LOUP 0.70%

    $13,606

$10,000
30 years

Cost over time

  • KOMP 0.20%
  • LOUP 0.70%
  • 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

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

Expense ratio

  • 0.20%KOMP, cheaper
  • 0.70%LOUP
  • Middle half of Disruptive Innovation funds
  • Median 0.65%

KOMP cheapest of 30 funds

LOUP 19th cheapest of 30 funds

KOMP vs LOUP Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
KOMP 1.63%
LOUP No data
Payout (12M)
KOMP $1.02
LOUP None
Last payment
KOMP $0.13
LOUP No data
Ex-dividend
KOMP Sep 21, 2026
LOUP No data
Paid on
KOMP Sep 23, 2026
LOUP No data
Frequency
KOMP Quarterly
LOUP No data

Distribution history

Per share, 2018 to 2026, same scale for both

KOMPQuarterly · 33 paymentsAll KOMP payments⁠
One bar per payment. 33 payments from 2018 to 2026 YTD. Dec 24, 2018 $0.04; Mar 18, 2019 $0.05; Jun 24, 2019 $0.03; Sep 23, 2019 $0.05; Dec 23, 2019 $0.11; Dec 30, 2019 $0.05; Mar 23, 2020 $0.06; Jun 22, 2020 $0.06; Sep 21, 2020 $0.07; Dec 21, 2020 $0.20; Mar 22, 2021 $0.22; Jun 21, 2021 $0.14; Sep 20, 2021 $0.13; Dec 20, 2021 $0.36; Mar 21, 2022 $0.08; Jun 21, 2022 $0.17; Sep 19, 2022 $0.17; Dec 19, 2022 $0.15; Mar 20, 2023 $0.10; Jun 20, 2023 $0.15; Sep 18, 2023 $0.12; Dec 18, 2023 $0.22; Mar 18, 2024 $0.08; Jun 24, 2024 $0.16; Sep 23, 2024 $0.10; Dec 23, 2024 $0.19; Mar 24, 2025 $0.12; Jun 23, 2025 $0.12; Sep 22, 2025 $0.14; Dec 22, 2025 $0.72; Mar 23, 2026 $0.07; Jun 22, 2026 $0.10; Sep 21, 2026 $0.13. Use the arrow keys to read each point.$0$0.50202020232026YTD
LOUPAll LOUP payments⁠

No distribution history available.

KOMP vs LOUP Risk

Fall from peak · 5 years

  • KOMP
  • LOUP
Nov 9, 2021 to Nov 9, 2026. Worst fall: LOUP −55.5% · Oct 2022. Use the arrow keys to read each point.−60%−40%−20%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
KOMP 22.3%, betterLOUP 32.8%
Return per unit of riskSharpe ratio, 3 years
KOMP 0.76LOUP 0.84, better
Worst fallMax drawdown, 5 years
KOMP −45.0%, betterLOUP −55.5%
Market sensitivityBeta, 5 years
KOMP 1.65LOUP 2.04

KOMP and LOUP in the news

All news⁠

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