# Innovator Deepwater Frontier Tech ETF (LOUP): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/loup for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Innovator · Asset class: Equity - Strategy: Actively Managed · Inception: 2018-07-25 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... ## Key Facts | Metric | Value | |---|---| | Price | $76.60 | | Expense Ratio | 0.70% | | Assets Under Management | $193.7M | | NAV | $77.47 | | Holdings Count | 31 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $64.87 – $100.31 | | Beta | 2.04 | ## Frequently Asked Questions ### 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 $193.7M 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. ### Does LOUP pay a dividend? Innovator Deepwater Frontier Tech ETF (LOUP) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does LOUP pay dividends? Innovator Deepwater Frontier Tech ETF pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is LOUP's dividend yield? LOUP's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is LOUP's next ex-dividend date? LOUP hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will LOUP's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.70% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does LOUP charge its expense ratio? The expense ratio is deducted in tiny daily slices from LOUP's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does LOUP cost more than a fund like VOO? LOUP is actively managed (current expense ratio 0.70%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether LOUP's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to LOUP? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as LOUP (0.70%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/loup - Distribution history: https://www.dividenddata.com/funds/loup/dividend - Holdings & diversification: https://www.dividenddata.com/funds/loup/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/loup/expenses - Peer comparison: https://www.dividenddata.com/funds/loup/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.