Innovator Deepwater Frontier Tech ETF

Frequently Asked Questions About LOUP

What does LOUP invest in?

LOUP provides exposure to a narrow basket of stocks shaping the emergence of AI, robotics, autonomous vehicles, computer perception, and virtual/mixed/augmented reality. The fund is actively managed, selecting companies based on fundamental criteria tied to revenue and expenditures for growth in one of the areas. The fund aims to invest in companies considered to be on the frontier of the development of new technologies. The technological sub-themes may change over time but will stay relevant to the funds frontier technology theme. Prior to April 03, 2023, the fund was named Innovator Loup Frontier Tech ETF. Prior to Nov. 28, 2025 the fund track the Deepwater Frontier Tech Index.

What is the expense ratio of LOUP?

Innovator Deepwater Frontier Tech ETF (LOUP) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations.

How big is LOUP?

Innovator Deepwater Frontier Tech ETF (LOUP) manages $205.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is LOUP actively managed or an index fund?

LOUP is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (LOUP's is 0.70%) in exchange for the discretion to over- or under-weight positions.

When was LOUP launched?

Innovator Deepwater Frontier Tech ETF (LOUP) launched in July 2018 and is managed by Innovator.

How has LOUP performed?

LOUP's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.