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ETFs

Innovator Loup 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)
$90,217
AUM
$36,141,034
Associated Index
Loup Frontier Tech Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

MBLY
Mobileye Global Inc - Ordinary Shares - Class A
5.32%
373220
LG Energy Solution Ltd.
5.32%
NOVT
Novanta Inc
5.02%
AUTO
AutoStore Holdings Ltd
4.76%
RIVN
Rivian Automotive Inc - Ordinary Shares - Class A
4.57%
AMD
Advanced Micro Devices Inc.
3.55%
ANET
Arista Networks Inc
3.45%
ADYEN
ADYEN NV
3.32%
ASML
ASML HOLDING NV
3.30%
MU
Micron Technology Inc.
3.26%
Invest with LOUP

What is LOUP?

The Innovator Loup Frontier Tech ETF seeks to provide exposure to the investment results of the Loup Frontier Tech Index, which tracks the performance of companies that influence the future of technology including, but not limited to, artificial intelligence (AI), computer perception, robotics, autonomous vehicles, virtual reality, and mixed/augmented reality.

ETFs related toLOUP

ETFs correlated to LOUP include XNTK, HIBL, SPHB

LOUP
Innovator ETFs Trust - Innovator Loup Frontier Tech ETF
XNTK
SPDR Series Trust - SPDR NYSE Technology ETF
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF
FGRO
Fidelity Covington Trust - Fidelity Growth Opportunities ETF
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
FXL
First Trust Exchange-Traded Fund III - First Trust Technology AlphaDEX Fund
FBCG
Fidelity Covington Trust - Fidelity Blue Chip Growth ETF
QQQJ
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ Next Gen 100 ETF
QTEC
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Technology Sector Index Fund

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 Loup Frontier Tech ETF seeks to provide exposure to the investment results of the Loup Frontier Tech Index, which tracks the performance of companies that influence the future of technology including, but not limited to, artificial intelligence (AI), computer perception, robotics, autonomous vehicles, virtual reality, and mixed/augmented reality.

LOUP tracks the Loup 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 -0.0215%. This is the percent change in the value of LOUP over the most recent 1-month period. The 3-month return on LOUP is 0.145%. 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 0.3984%. 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 ARKK, TAN, and EFG.

ETFs correlated to LOUP include XNTK, HIBL, and SPHB.

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

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.