Key stats
About Innovator Deepwater Frontier Tech ETF
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Inception date
Jul 25, 2018
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Innovator Capital Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US45782C8626
LOUP provides exposure to a narrow basket of stocks shaping the emergence of AI, robotics, autonomous vehicles, computer perception, and virtual/mixed/augmented reality. To be included, companies must generate half of their revenues from one of these areas or exhibit significant revenue or expenditure growth in one of the areas. The fund excludes companies over $500 billion in market cap, avoiding the mega-cap tech giants that might otherwise dominate the portfolio. Eligible stocks are scored on revenue growth and revenue growth acceleration ranking. LOUP selects the 30 highest-scoring companies. Holdings are equally weighted within two tiers, the top five components are weighted at 5% each, reflecting the higher conviction in these firms. The technological sub-themes may change over time but will stay relevant to the funds frontier technology theme. The index is rebalanced and reconstituted monthly. Prior to April 03, 2023, the fund was named Innovator Loup Frontier Tech ETF.
Related funds
Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
LOUP assets under management is 114.53 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
LOUP invests in stocks. See more details in our Analysis section.
LOUP expense ratio is 0.70%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, LOUP isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, LOUP doesn't pay dividends to its holders.
LOUP shares are issued by Innovator Capital Management LLC
LOUP follows the Loup Frontier Tech Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 25, 2018.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.