Innovator Deepwater Frontier Tech ETF
LOUP
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 109 N. Hale Street Wheaton IL United States of America 60187
- IPO Date
- Jul 30, 2018
- Website
- innovatoretfs.com
- Similar Companies
- Business
- Innovator Loup Frontier Tech ETF (LOUP) is an exchange-traded fund that seeks total return and capital appreciation by investing at least 80% of its net assets in equity securities of companies deriving significant revenue from frontier technologies including artificial intelligence, fintech, ambient computing, autonomous and electric vehicles, and robotics; the fund focuses on developed and emerging market stocks with equal weighting in conviction tiers, previously tracking the Deepwater Frontier Tech Index and now actively managed to enable nimble adjustments in high-growth areas such as AI infrastructure, computer perception, virtual reality, and disruptive innovations. LOUP holds approximately 30-32 stocks selected based on revenue growth acceleration, market cap criteria between $250 million and $500 billion, and frontier tech revenue thresholds of at least 50%, with top holdings including Astera Labs Inc., Roblox Corp., AeroVironment Inc., Nu Holdings Ltd., Siemens Energy AG, SK hynix Inc., and MercadoLibre Inc.; sector allocations emphasize technology (around 60%), industrials, communication services, and consumer cyclical, with roughly 74% U.S. stocks and 26% non-U.S. Innovator Capital Management, LLC serves as the issuer and adviser, in partnership with Deepwater Asset Management led by Gene Munster for research and strategy, with sub-advisory from Penserra Capital Management, LLC; the fund operates globally across U.S. and international markets. Launched on July 25, 2018, and headquartered in Wheaton, Illinois, LOUP manages over $150 million in assets under management with a net expense ratio of 0.70%. In a major strategic shift announced in December 2025, LOUP converted from passive index-tracking to active management to enhance flexibility amid rapid technological evolution, particularly in AI where about 60% of assets are allocated split between hardware and software, while surpassing year-to-date returns double those of the S&P 500 and Nasdaq-100 without exposure to the Magnificent Seven; this evolution builds on its seven-year track record under Gene Munster's oversight and monthly rebalancing discipline.