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
$ 286.8 M
ASSETS UNDER MGMT
76 bp
EXPENSES
Fund Basics
| Inception date | May 25, 2021 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | Yes |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NVIDIA CORP | 7.6 % |
| AMAZON.COM INC | 5.1 % |
| ADVANCED MICRO DEVICES | 5.0 % |
| ALPHABET INC. CLASS A | 4.9 % |
| ELI LILLY & CO | 4.0 % |
| BROADCOM INC. | 3.8 % |
| MARVELL TECHNOLOGY, INC. | 3.6 % |
| MICROSOFT CORP | 3.5 % |
| MICRON TECHNOLOGY INC | 3.3 % |
| ORACLE CORP | 2.8 % |
Constituent Breakdown
| Number of holdings | 80 |
| Herfindahl-Hirschman Index | 285 |
| Wgt avg mkt cap (mns) | $1,034,107 |
| Large cap (>$10bn) | 89.3% |
| Mid cap ($2-10bn) | 8.4% |
| Small cap (<$2bn) | 0.4% |
| Developed mkts. | 98.3% |
| Emerging mkts. | 0.4% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 84.4 % |
 |
IRELAND | 3.1 % |
 |
FRANCE | 2.2 % |
 |
CANADA | 2.2 % |
 |
NETHERLANDS | 1.9 % |
 |
GERMANY | 1.9 % |
 |
DENMARK | 1.4 % |
 |
LUXEMBOURG | 0.7 % |
 |
ISRAEL | 0.5 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 20.7% | 48.8% | 35.6% | 32.4% | 14.3% | -- | -- | 14.4% |
| Dividend Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -- | -- | 0.0% |
| Total Returns | 20.7% | 48.8% | 35.6% | 32.4% | 14.3% | -- | -- | 14.4% | Ann. Volatility | 23.7% | 21.1% | 25.3% | 23.0% | 26.1% | -- | -- | 26.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.58 | 78% |
| MSCI EAFE | 0.92 | 43% |
| MSCI Emg Mkts | 0.77 | 52% |
Liquidity Measures
| Avg. volume (000) | 58 |
| ADV traded (mns) | $2 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.34% |
Technical Indicators
| 30d moving avg. (EMA) | $37.66 |
| Relative strength (RSI) | 53 |
| MACD/Signal | 0.15/0.41 |
| Bollinger Bands (Upper/Lower) | $40.74/$36.25 |
| Short interest (% of AUM) | 0.5% |
Distributions
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. ILDR |
Expenses vs. ILDR |
ALTAR Score™ vs. ILDR |
|---|---|---|---|---|
| QYLD | Global X NASDAQ 100 Covered Call ETF | 39.1% | -16 bp | +2.4% |
| QRMI | Global X NASDAQ 100 Risk Managed Income ETF | 38.9% | -16 bp | +2.7% |
| QYLG | Global X Nasdaq 100 Covered Call & Growth ETF | 38.8% | -16 bp | +2.1% |
| QCLR | Global X NASDAQ 100 Collar 95-110 ETF | 38.1% | -51 bp | +2.7% |
| QTR | Global X NASDAQ 100 Tail Risk ETF | 38.0% | -50 bp | +2.2% |
| SFLR | Innovator Equity Managed Floor ETF | 36.7% | +13 bp | +2.3% |
| PBP | Invesco S&P 500 BuyWrite ETF | 35.4% | -27 bp | +3.2% |
| GARP | iShares MSCI USA Quality GARP ETF | 35.3% | -61 bp | +2.6% |
| XYLD | Global X S&P 500 Covered Call ETF | 35.1% | -16 bp | +3.1% |
| XRMI | Global X S&P 500 Risk Managed Income ETF | 35.1% | -16 bp | +3.3% |
Risk and Returns: ILDR 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 (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2025 | 2026 | 2027 | |
| 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 7/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
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
1.7%
ALTAR SCORE™
15th
PERCENTILE
AVOID
ETFRC RATING
There are 733 funds in the Global Equity category with an average
ALTAR Score™ of 4.4% and a standard deviation
of 2.7%. ILDR's ALTAR Score™ is approximately -1.0 standard
deviations above the category average. This places ILDR in the 15th percentile
among funds in the category.
Sell-Side Consensus
$45.28
PRICE TARGET
+18.4%
UPSIDE
Bid/Ask Spreads
34 bp
AVG SPREAD
13 —
141 bp
RANGE