Innovator IBD ETF Leaders ETF (LDRS)
Innovator IBD ETF Leaders ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $28.27, down 0.53% on the session, giving a market capitalisation of $8.2M. Its beta of 0.70 implies it has historically moved less than the broad market.
This investment vehicle endeavors to mirror the performance of the IBD® ETF Leaders Index, before any deductions for fees or operational expenses. Typically, it dedicates at least 80% of its total assets, which may incorporate leveraged borrowings, to the specific exchange-traded investment companies that form the index. The portfolio generally maintains holdings in all the index's constituent securities, proportionate to their respective weightings within the index. The benchmark itself is a proprietary, rules-based index conceived and established by Investor's Business Daily®, designed with the ambition of potentially outperforming the broader equity and fixed income sectors. It operates as a non-diversified fund.
Innovator IBD ETF Leaders ETF is most often compared with the following Financial Services names: