ILDR

First Trust Innovation Leaders ETF

$32.91

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The First Trust Innovation Leaders ETF (ILDR) seeks to provide investment results that correspond generally to the price and yield performance of the Nasdaq Innovative Leaders Index, which is designed to measure the performance of innovative companies across various sectors.

Overview

ETF tracking First Trust Innovation Leaders ETF

Category Innovation

Issuer First Trust

Inception Date 2021-05-26

Market Cap $156.3M

Average Volume N/A

Dividend Yield N/A

52-Week Range $20.60 - $34.56

VWAP $32.87

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of stocks that are constituents of the Nasdaq Innovative Leaders Index. The index selects companies that demonstrate innovation through factors such as research and development spending, patent activity, and revenue from new products and services.

✨ Key Features

Focuses on innovative companies across a variety of sectors
Seeks to track the performance of the Nasdaq Innovative Leaders Index
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on innovative companies
Volatility risk as innovative companies may experience significant price swings
Limited performance history makes it difficult to evaluate long-term returns
Lack of assets under management may impact liquidity and trading efficiency

👤 Best For

The First Trust Innovation Leaders ETF may be suitable for investors seeking exposure to innovative companies with the potential for long-term growth, as part of a diversified portfolio. However, due to the fund's limited track record, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.