- ISIN
- US33740F5659
- CUSIP
- 33740F565
- Issuer
- First Trust
- Inception Date
- May 25, 2021
- Region
- Global (Broad)
- Category
- Technology Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Assets Under Management
- $292M
Share Price Chart
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Performance
ILDR Performance Chart
First Trust Innovation Leaders ETF (ILDR) is up 14.0% since the beginning of the year. ILDR is currently trading at $38 per share. Investors who bought $1,000 worth of ILDR shares 5 years ago would now be looking at an investment worth $1,724.
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Returns By Period
First Trust Innovation Leaders ETF (ILDR) has returned 14.03% so far this year and 34.64% over the past 12 months.
First Trust Innovation Leaders ETF
- 1D
- -2.72%
- 1M
- -0.24%
- YTD
- 14.03%
- 6M
- 12.50%
- 1Y
- 34.64%
- 3Y*
- 28.32%
- 5Y*
- 11.51%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
ILDR Monthly Returns History
Based on dividend-adjusted daily data since May 26, 2021, ILDR's average daily return is +0.06%, while the average monthly return is +1.23%. At this rate, an investment would double in approximately 4.7 years.
Historically, 55% of months were positive and 45% were negative. The best month was Apr 2026 with a return of +16.7%, while the worst month was Apr 2022 at -17.2%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 4 months.
On a daily basis, ILDR closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +12.1%, while the worst single day was Apr 4, 2025 at -6.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.29% | -5.39% | -4.31% | 16.70% | 14.55% | -5.50% | 14.03% | ||||||
| 2025 | 6.05% | -4.10% | -10.18% | 3.41% | 10.93% | 10.02% | 3.35% | -0.53% | 7.04% | 6.08% | -4.25% | 0.27% | 29.22% |
| 2024 | 2.35% | 8.74% | 1.65% | -6.21% | 3.30% | 8.50% | -2.24% | 3.14% | 2.89% | 0.97% | 7.29% | -3.26% | 29.31% |
| 2023 | 9.84% | -1.09% | 4.93% | -1.60% | 7.92% | 5.96% | 3.86% | -3.03% | -6.11% | -4.48% | 13.65% | 5.80% | 39.34% |
| 2022 | -13.11% | -2.00% | 2.78% | -17.22% | -5.49% | -7.58% | 12.01% | -0.90% | -7.82% | 3.23% | 3.62% | -6.07% | -34.95% |
| 2021 | 0.71% | 8.31% | -0.25% | 4.17% | -5.56% | 4.80% | -3.39% | -0.74% | 7.57% |
Benchmark Metrics
First Trust Innovation Leaders ETF has an annualized alpha of -1.79%, beta of 1.39, and R2 of 0.80 versus S&P 500 Index. Calculated based on daily prices since May 26, 2021.
- This ETF captured 130.99% of S&P 500 Index gains and 123.72% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- Alpha
- -1.79%
- Beta
- 1.39
- R²
- 0.80
- Upside Capture
- 130.99%
- Downside Capture
- 123.72%
Expense Ratio
ILDR has an expense ratio of 0.75%, placing it in the medium range.
Return for Risk
Risk / Return Rank
ILDR ranks 43 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for First Trust Innovation Leaders ETF (ILDR) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ILDR | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.32 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.97 | 2.46 | -0.49 |
| Martin ratioReturn relative to average drawdown | 6.37 | 10.92 | -4.55 |
Dividends
Dividend History
First Trust Innovation Leaders ETF provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.16% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust Innovation Leaders ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.03 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the First Trust Innovation Leaders ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the First Trust Innovation Leaders ETF was 44.61%, occurring on Jun 16, 2022. Recovery took 513 trading sessions.
The current First Trust Innovation Leaders ETF drawdown is 7.20%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -44.61%Jun 2022 | 7mo | 2y 18d | 2y 7moNov 2021 - Jul 2024 |
2025 selloff2025 | -26.43%Apr 2025 | 1mo 18d | 2mo 5d | 3mo 23dFeb 2025 - Jun 2025 |
2026 correction2026 | -17.70%Mar 2026 | 5mo 1d | 23d | 5mo 24dOct 2025 - Apr 2026 |
2024 correction2024 | -13.41%Aug 2024 | 19d | 1mo 20d | 2mo 9dJul 2024 - Sep 2024 |
2026 pullback2026 | -9.57%Jun 2026 | 7d | — | 21d 4hJun 2026 - now |
Drawdown Indicators
| ILDR | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.61% | -56.78% | +12.17% |
Max Drawdown (1Y)Largest decline over 1 year | -17.70% | -9.10% | -8.60% |
Max Drawdown (3Y)Largest decline over 3 years | -26.43% | -18.90% | -7.53% |
Max Drawdown (5Y)Largest decline over 5 years | -44.61% | -25.43% | -19.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -7.20% | -3.21% | -3.99% |
Average DrawdownAverage peak-to-trough decline | -14.87% | -10.71% | -4.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.46% | 2.04% | +3.42% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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