LOUP
Innovator Deepwater Frontier Tech ETF
The Innovator Loup Frontier Tech ETF tracks an index of developed- and emerging-market stocks that are influencing the future of technology. Holdings are selected by fundamental criteria and equally weighted in two tiers.
Fund Basics
Fund sponsor | Innovator Capital Management |
Category | Global Equities |
Asset class | Equity |
Website | link... |
Inception date | Jul 24, 2018 |
Assets (mns) | $55 |
Expense ratio | 70 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Annually |
Taxation | 1099 |
Stock selection | Fundamental |
Weighting | Tiered |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
NEXON CO LTD | 5.2 % |
HUBSPOT INC | 5.1 % |
HYNIX SEMICONDUCTOR INC | 4.8 % |
CIENA CORP | 4.7 % |
VERTIV HOLDINGS CO. CLASS A | 3.6 % |
MICRON TECHNOLOGY INC | 3.4 % |
ARISTA NETWORKS, INC. | 3.4 % |
PORSCHE AG | 3.3 % |
NU HOLDINGS LTD. CLASS A | 3.3 % |
TAKE-TWO INTERACTIVE SOFTWRE | 3.2 % |
Constituent Breakdown
Number of holdings | 29 |
Herfindahl-Hirschman Index | 346 |
Wgt avg mkt cap (mns) | $63,089 |
Large cap (>$10bn) | 74.7% |
Mid cap ($2-10bn) | 21.9% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 94.1% |
Emerging mkts. | 5.9% |
Country Exposure
UNITED STATES | 69.4 % | |
NETHERLANDS | 5.9 % | |
JAPAN | 5.2 % | |
SOUTH KOREA | 4.8 % | |
CAYMAN ISLANDS | 3.3 % | |
NORWAY | 2.9 % |
Historical Performance
Standardized Annual Returns (as of 02/29/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
---|---|---|---|---|---|---|
0.0% | 17.7% | -7.8% | -11.6% | 10.5% | -- | 8.1% |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.45 | 66% |
MSCI EAFE | 1.36 | 54% |
MSCI Emg Mkts | 1.21 | 45% |
Liquidity Measures
Avg. volume (000) | 8 |
Turnover | 0.7% |
Avg. Bid/Ask (% of price) | 0.49% |
ADV of underlying (mns) | $39,463 |
Technical Indicators
Recent close | $47.93 |
30d moving avg. | $39.68 |
Annualized volatility | 31.8% |
Relative strength (RSI) | 86 |
Short interest (ETF) | 1.1% |
Short interest (underlying) | 0.0% |
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. LOUP |
Expenses vs. LOUP |
ALTAR Score™ vs. LOUP |
---|---|---|---|---|
SPRX | Spear Alpha ETF | 20.8% | +5 bp | -3.1% |
QTEC | First Trust NASDAQ-100 Technology Sector Index Fund | 20.0% | -13 bp | +1.2% |
IGPT | Invesco AI and Next Gen Software ETF | 18.6% | -10 bp | +1.4% |
ARVR | First Trust Indxx Metaverse ETF | 18.1% | 0 bp | +0.2% |
XDAT | Franklin Exponential Data ETF | 15.5% | -20 bp | +0.6% |
XNTK | SPDR NYSE Technology ETF | 15.3% | -35 bp | +1.6% |
GTEK | Goldman Sachs Future Tech Leaders Equity ETF | 15.2% | +5 bp | +0.9% |
BWEB | Bitwise Web3 ETF | 15.0% | +15 bp | -1.3% |
TRFK | Pacer Data and Digital Revolution ETF | 15.0% | -10 bp | +1.5% |
ESPO | VanEck Video Gaming and eSports ETF | 15.0% | -14 bp | +1.4% |
Risk and Returns: LOUP 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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
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 3/27/2024
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
LOUP
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
LOUP
2.1%
Cat. Avg
3.6%
Fund Category: Global Equities
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 2.1% |
Recommendation
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
Category Overview
There are 340 funds in the Global Equities category, with an average ALTAR Score™
of 3.6% and a standard deviation of
4.7%. LOUP's ALTAR Score™ is approximately
0.3 standard deviations
below
the category average. This places LOUP in the 37th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
LOUP
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
Latest price | |
Change | |
Volume | |
Bid/Ask Spread | |
Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
LOUP | 70.0 | 48.7 | 118.7 |
Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .