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LOUPvsFRWDETF Comparison

ETF 1

LOUP

Innovator Deepwater Frontier Tech ETF

This fund is part of

Disruptive Technology

+2.64%

Full LOUP fund page

VS

ETF 2

FRWD

Nomura Transformational Technologies ETF

This fund is part of

Disruptive Technology

+2.64%

Full FRWD fund page

Innovator Deepwater Frontier Tech ETF (LOUP) and Nomura Transformational Technologies ETF (FRWD) belong to the same industry segment: Disruptive Technology. LOUP's top 3 sector exposures are Information Technology, Industrials and Consumer Discretionary. In contrast, FRWD's top sector exposures are Information Technology, Communication Services and Consumer Discretionary. LOUP is more expensive with a Total Expense Ratio (TER) of 0.7%, versus 0.65% for FRWD. Run a side-by-side ETF comparison of LOUP and FRWD below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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LOUP vs FRWD performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 06/18/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	LOUP FRWD	+11.14%+15.98%	+31.20%+43.26%	+24.52%n/a	+63.38%n/a	+142.70%n/a	+79.77%n/a
Flows	LOUP FRWD	-$30M+$81M	+$801K+$180M	+$17M-	+$51M-	+$81M-	+$62M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	LOUP FRWD	+35.27%+36.31%	+28.37%n/a	+28.81%n/a	+30.59%n/a
Max drawdown	LOUP FRWD	-10.18%-9.96%	-20.46%n/a	-34.52%n/a	-55.24%n/a
Max drawdown duration	LOUP FRWD	16d10d	169dn/a	127dn/a	1166dn/a

Trading data

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	LOUP	FRWD
Last sale 6/18/2026 at 1:30 PM	$95.49	$34.47
Previous close 06/18/2026	$93.02	$33.42
Consolidated volume 06/18/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 6/18/2026 at 1:30 PM

Live

Closed

	LOUP	FRWD
Last price	$95.49	$34.47
1D performance	+2.66%	+3.12%
AuM	$214.23 M	$289.14 M
E/R	0.7%	0.65%

Characteristics

	LOUP	FRWD
Management strategy	Active	Active
Provider	Innovator	Nomura
Benchmark	-	-
N° of holdings	26	19
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	July 25, 2018	January 12, 2026
ESG	No	No

More LOUP data on Trackinsight

More FRWD data on Trackinsight

Exposure

Countries

LOUP

USA

65.82%

Cayman Islands

11.77%

Netherlands

10.98%

Other

11.43%

FRWD

USA

72.12%

Ireland

8.26%

Other

19.62%

Sectors

LOUP

Information Techn.

40.03%

Industrials

22.13%

Other

37.84%

FRWD

Information Techn.

49.27%

Communication Ser.

15.28%

Consumer Discreti.

7.62%

Other

27.83%

Diversification

LOUP

Total weight of top 15 holdings out of 15

58.61%

FRWD

Total weight of top 15 holdings out of 15

77.51%

Top 15 holdings

Data as of April 30, 2026

LOUP

CREDO TECHNOLOGY GROUP HOLDING

7.28%

BE SEMICONDUCTOR

5.35%

STERLING INFRASTRUCTURE INC

5.31%

US75734B1008

4.91%

NU HOLDINGS

4.49%

RAMBUS

3.72%

MARVELL TECHNOLOGY

3.69%

APPLOVIN

3.14%

VERTIV HOLDINGS

3.06%

DATADOG

3.04%

US19247G1076

3.04%

ADYEN NV

2.95%

US0494681010

2.90%

SIEMENS ENERGY AG

2.88%

SHIFT4 PAYMENTS

2.85%

FRWD

NVIDIA

9.42%

SEAGATE TECHNOLOGY HOLDINGS PLC

8.26%

ADVANCED MICRO DEVICES

8.05%

META PLATFORMS

6.03%

US8740391003

5.93%

US5128073062

5.01%

TEXAS INSTRUMENTS

4.57%

MICROSOFT-T

4.51%

USN070592100

4.15%

AMAZON.COM INC

4.08%

SAMSUNG ELECTR

3.98%

MICRON TECHNOLOGY

3.77%

ALPHABET INC-CL

3.58%

NETFLIX

3.31%

CELESTICA

2.86%

Frequently asked questions about LOUP and FRWD

Which ETF is bigger: LOUP or FRWD?

As of June 18, 2026, LOUP holds $214.23 M in assets under management (AUM), while FRWD manages $289.14 M.

What sectors do the LOUP and FRWD ETFs invest in?

LOUP leans toward sectors like Information Technology and Industrials. Meanwhile, FRWD focuses on Information Technology, Communication Services and Consumer Discretionary.

What are the top holdings of the LOUP ETF and FRWD ETF?

LOUP top holdings include CREDO TECHNOLOGY GROUP HOLDING, BE SEMICONDUCTOR and STERLING INFRASTRUCTURE INC. FRWD holds in its top three: NVIDIA, SEAGATE TECHNOLOGY HOLDINGS PLC and ADVANCED MICRO DEVICES.

LOUPvsFRWDETF Comparison

Innovator Deepwater Frontier Tech ETF

Nomura Transformational Technologies ETF

LOUP vs FRWD performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

Which ETF is bigger: LOUP or FRWD?

As of June 18, 2026, LOUP holds $214.23 M in assets under management (AUM), while FRWD manages $289.14 M.

What sectors do the LOUP and FRWD ETFs invest in?

LOUP leans toward sectors like Information Technology and Industrials. Meanwhile, FRWD focuses on Information Technology, Communication Services and Consumer Discretionary.

What are the top holdings of the LOUP ETF and FRWD ETF?

LOUP top holdings include CREDO TECHNOLOGY GROUP HOLDING, BE SEMICONDUCTOR and STERLING INFRASTRUCTURE INC. FRWD holds in its top three: NVIDIA, SEAGATE TECHNOLOGY HOLDINGS PLC and ADVANCED MICRO DEVICES.

Which ETF is more diversified: LOUP or FRWD?

LOUP holds 30 securities with 58.61% of its assets in the top 15. FRWD has 21 securities and a top 15 weight of 77.51%.

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