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ETFs

Innovator Deepwater Frontier Tech ETF

LOUP
$--
Today’s Change
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Snapshot
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Inception Date
Jul 25 2018
Expense Ratio
0.70%
Type
Global Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$202,002
AUM
$34,930,034
Associated Index
Deepwater Frontier Tech Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

000660
SK Hynix Inc
5.45%
NU
Nu Holdings Ltd - Ordinary Shares Class A
5.32%
373220
LG Energy Solution Ltd.
5.10%
RBLX
Roblox Corporation - Ordinary Shares - Class A
4.63%
U
Unity Software Inc
4.43%
MBLY
Mobileye Global Inc - Ordinary Shares - Class A
3.50%
GFS
GlobalFoundries Inc
3.11%
LMT
Lockheed Martin Corp.
3.10%
SWKS
Skyworks Solutions, Inc.
3.08%
TTWO
Take-Two Interactive Software, Inc.
3.07%
Invest with LOUP

What is LOUP?

The Innovator Deepwater Frontier Tech ETF seeks to provide exposure to the investment results of the Deepwater Frontier Tech Index, which tracks the performance of companies that influence the future of technology including, but not limited to, artificial intelligence, fintech, robotics, autonomous and electric vehicles, and virtual/augmented reality. Effective April 1, 2023, the Fund's name will change from the Innovator Loup Frontier Tech ETF to the Innovator Deepwater Frontier Tech ETF.

ETFs related toLOUP

ETFs correlated to LOUP include WTAI, XT, FXL

LOUP
Innovator ETFs Trust - Innovator Deepwater Frontier Tech ETF
WTAI
WisdomTree Trust - WisdomTree Artificial Intelligence and Innovation Fund
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
FXL
First Trust Exchange-Traded Fund III - First Trust Technology AlphaDEX Fund
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares
ROBT
First Trust Exchange-Traded Fund VI - First Trust Nasdaq Artificial Intelligence and Robotics ETF
METV
Listed Funds Trust - Roundhill Ball Metaverse ETF
XNTK
SPDR Series Trust - SPDR NYSE Technology ETF
QQQE
Direxion Shares ETF Trust - Direxion NASDAQ-100 Equal Weighted Index Shares
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

LOUP is a Global Equities ETF. The Innovator Deepwater Frontier Tech ETF seeks to provide exposure to the investment results of the Deepwater Frontier Tech Index, which tracks the performance of companies that influence the future of technology including, but not limited to, artificial intelligence, fintech, robotics, autonomous and electric vehicles, and virtual/augmented reality. Effective April 1, 2023, the Fund's name will change from the Innovator Loup Frontier Tech ETF to the Innovator Deepwater Frontier Tech ETF.

LOUP tracks the Deepwater Frontier Tech Index.

No, LOUP is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, LOUP is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on LOUP is -0.0326%. This is the percent change in the value of LOUP over the most recent 1-month period. The 3-month return on LOUP is -0.0794%. This is the percent change in the value of LOUP over the most recent 3-month period.

The standard deviation of LOUP for the past year is 0.3031%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to LOUP include PBW, IGF, and ARKK.

ETFs correlated to LOUP include WTAI, XT, and FXL.

ETFs that are inversely correlated to LOUP include HIBS, WEBS, and BERZ.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.