LOUP Outperforms Nasdaq 100 Index
The Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) gained 1.1% on Monday, outperforming the Nasdaq 100 Index, which rose 0.6%. LOUP is an exchange-traded fund that tracks the performance of companies that are driving the future of technology in areas such as artificial intelligence, robotics, autonomous and electric vehicles, fintech, and virtual/augmented reality. The fund is managed by Deepwater Asset Management, led by technology guru Gene Munster.
LOUP has a year-to-date return of 41.5%, beating the Nasdaq 100 Index’s return of 44.7%. The fund has also outperformed its peers in the technology sector, such as the SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP), the Global X Robotics and Artificial Intelligence ETF (NASDAQ:BOTZ), and the iShares Robotics and Artificial Intelligence Multisector ETF (BATS:IRBO).
LOUP Benefits from Diversified Exposure to Disruptive Technologies
One of the reasons why LOUP has been able to deliver strong returns is its diversified exposure to disruptive technologies that are reshaping various industries and sectors. The fund invests in companies that are not only leading in their respective fields, but also have the potential to create new markets or transform existing ones.
Some of the top holdings of LOUP include:
- CrowdStrike Holdings, Inc. (NASDAQ:CRWD), a cybersecurity company that provides cloud-based endpoint protection and threat intelligence services.
- SK Hynix Inc (KRX:000660), a South Korean semiconductor manufacturer that produces memory chips and flash memory devices.
- Vertiv Holdings Co (NYSE:VRT), a provider of critical digital infrastructure and continuity solutions for data centers, communication networks, and commercial and industrial environments.
- Jamf Holding Corp (NASDAQ:JAMF), a software company that offers enterprise management solutions for Apple devices.
- Shift4 Payments LLC (NYSE:FOUR), a payment processing company that enables merchants to accept online and offline payments across various channels and platforms.
LOUP Seeks to Capture Future Growth Opportunities
Another reason why LOUP has been able to generate impressive returns is its forward-looking approach to investing in technology companies. The fund seeks to capture future growth opportunities by identifying companies that are at the forefront of innovation and have a competitive edge in their markets.
The fund uses the expertise of tech analyst icon Gene Munster and his team at Deepwater Asset Management to select firms that have strong fundamentals, attractive valuations, and high growth potential. The fund also employs a dynamic portfolio rebalancing strategy that adjusts the weights of the holdings based on their performance and market conditions.
LOUP is an ideal choice for investors who want to gain exposure to the most innovative and disruptive technology companies in the world. The fund offers a unique opportunity to invest in the future of technology and benefit from its long-term growth potential.
