ILDR
First Trust Innovation Leaders ETF
ILDR is an actively managed fund that seeks capital appreciation by targeting global companies believed to benefit from scientific and technological innovation.
Global
EQUITY
Active
MANAGEMENT STYLE
86.1 M
ASSETS UNDER MGMT
76 bp
EXPENSES
Fund Basics
| Fund sponsor | Grace Partners of Dupage LP |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | May 25, 2021 |
| Assets (mns) | $86 |
| Expense ratio | 76 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | Yes |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NVIDIA CORP | 8.7 % |
| AMAZON.COM INC | 6.2 % |
| ORACLE CORP | 6.2 % |
| MICROSOFT CORP | 4.1 % |
| ELI LILLY & CO | 3.9 % |
| SCHNEIDER ELECTRIC SA | 3.5 % |
| BROADCOM INC. | 3.3 % |
| VERTEX PHARMACEUTICALS INC | 2.5 % |
| QUALCOMM INC | 2.2 % |
| ALPHABET INC. CLASS A | 2.0 % |
Constituent Breakdown
| Number of holdings | 76 |
| Herfindahl-Hirschman Index | 284 |
| Wgt avg mkt cap (mns) | $781,213 |
| Large cap (>$10bn) | 85.6% |
| Mid cap ($2-10bn) | 9.4% |
| Small cap (<$2bn) | 2.3% |
| Developed mkts. | 97.1% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 83.0 % |
 |
FRANCE | 3.5 % |
 |
GERMANY | 2.0 % |
 |
IRELAND | 1.8 % |
 |
NETHERLANDS | 1.7 % |
 |
ISRAEL | 1.6 % |
 |
CANADA | 1.6 % |
 |
SINGAPORE | 0.8 % |
 |
AUSTRALIA | 0.6 % |
Historical Performance
Standardized Performance (as of 07/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 19.2% | 32.5% | 26.9% | 25.4% | -- | -- | -- | 10.1% |
| Dividend Yield | 0.0% | 0.0% | 0.0% | 0.0% | -- | -- | -- | 0.0% |
| Total Returns | 19.2% | 32.5% | 26.9% | 25.4% | -- | -- | -- | 10.2% | Ann. Volatility | 32.5% | 28.5% | 23.7% | 24.4% | -- | -- | -- | 26.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.18 | 78% |
| MSCI EAFE | 0.60 | 23% |
| MSCI Emg Mkts | 0.53 | 19% |
Liquidity Measures
| Avg. volume (000) | 47 |
| ADV traded (mns) | $1 |
| Turnover | 1.6% |
| Avg. Bid/Ask (% of price) | 0.47% |
Technical Indicators
| Recent close | $29.70 |
| 30d moving avg. | $29.57 |
| Annualized volatility | 20.5% |
| Relative strength (RSI) | 67 |
| Short interest | 1.6% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| MMLG | First Trust Multi-Manager Large Growth ETF | 38.8% | +9 bp | +1.8% |
| QYLD | Global X NASDAQ 100 Covered Call ETF | 35.2% | -16 bp | +3.7% |
| QRMI | Global X NASDAQ 100 Risk Managed Income ETF | 35.2% | -16 bp | +3.7% |
| QCLR | Global X NASDAQ 100 Collar 95-110 ETF | 35.1% | -51 bp | +4.0% |
| QYLG | Global X Nasdaq 100 Covered Call & Growth ETF | 35.1% | -16 bp | +3.7% |
| QTR | Global X NASDAQ 100 Tail Risk ETF | 34.9% | -50 bp | +4.1% |
| NUSI | Nationwide Nasdaq-100 Risk-Managed Income ETF | 34.8% | -8 bp | +3.6% |
| XYLD | Global X S&P 500 Covered Call ETF | 32.0% | -16 bp | +4.5% |
| XRMI | Global X S&P 500 Risk Managed Income ETF | 32.0% | -16 bp | +4.5% |
| XYLG | Global X S&P 500 Covered Call & Growth ETF | 31.8% | -16 bp | +4.5% |
Risk and Returns: vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 8/2/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
ILDR
1.5%
Cat. Avg
4.5%
ALTAR Score™ Calculation
Category Overview
There are 372 funds in the Global Equity category, with an average ALTAR Score™
of 4.5% and a standard deviation of
3.4%. ILDR's ALTAR Score™ is approximately
0.9 standard deviations
below
the category average. This places ILDR in the 19th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
ILDRSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Active Global Equity ETFs |
| # of ETFs | 118 |
| Avg. Expense Ratio | 73.5 bp |
| Std. Deviation | 29.8 bp |
| (76 bp) Percentile rank | 56 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| ILDR | 76.0 | 0.0 | 76 |
| Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .