ILDR: FIRST TRUST INNOVATION LEADERS ETF
ETF Education Report: FIRST TRUST INNOVATION LEADERS ETF (ILDR)
What this ETF is trying to do
The FIRST TRUST INNOVATION LEADERS ETF (ticker: ILDR) is an exchange-traded fund that focuses on innovation. It holds a variety of different companies within its portfolio. Based on the data, it includes many large technology and healthcare names.
What the numbers show
The current price of ILDR is $39.17. Looking back at history, we can see how the share price has moved:
• Year-to-Date (YTD): The YTD price return is approximately 18.72%. This measures only the change in the share price since the start of the year.
• One Year: The one-year price return is approximately 31.21%. We can estimate the price was roughly $29.85 about one year ago. To see how this works, imagine you invested $10,000 into this ETF one year ago. Without considering any distributions, that investment would have grown to approximately $13,121 based on the share-price change alone.
• Three Year: The three-year price return is approximately 120.97%.
In this specific case, the total return data provided matches the price return data exactly. Total return is a measure that includes both share-price changes and any cash distributions received.
Income and distribution explanation
Some investors look for ETFs that pay them regular cash, known as "distributions." For ILDR, the distribution yield is 0%. No distributions were detected over the last 12 months. This means the fund has not been paying out cash to shareholders during this period.
NAV erosion explanation
"NAV erosion" refers to a situation where the value of the underlying assets in the ETF decreases significantly. When an ETF's share price falls, it is called a share-price decline. While a falling price can sometimes be linked to NAV erosion, they are not the same thing.
For ILDR, the erosion-risk score is 100, and the label indicates "No price erosion detected." There is no severe erosion-risk flag for this ETF. This suggests that the fund's price movements do not currently show signs of the specific risks measured by this score.
Top Holdings
This list is a partial view of the holdings (as only the largest ones are shown). These holdings can change over time. As of August 20, 2026, the top holdings include:
• NVIDIA CORP (9.17%)
• AMAZON.COM INC (5.21%)
• ALPHABET INC CLASS A (5.09%)
• ADVANCED MICRO DEVICES INC (4.80%)
• BROADCOM INC (3.96%)
• ELI LILLY AND CO (3.92%)
• MARVELL TECHNOLOGY INC (3.03%)
• MICRON TECHNOLOGY INC (2.67%)
• ORACLE CORP (2.59%)
• ARISTA NETWORKS INC (2.28%)
Pros
• The ETF has shown significant share-price growth over the last year and three years.
• It holds well-known, large companies in the technology sector.
Cons
• This ETF does not currently provide cash distributions for income seekers.
Beginner takeaway
ILDR appears to be an ETF focused on growth through share-price increases rather than providing regular cash income. It has experienced strong price returns over the last three years, but it does not pay a distribution yield.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 9.68% |
| 2 | AMAZON.COM INC | AMZN | 5.77% |
| 3 | ADVANCED MICRO DEVICES INC | AMD | 5.45% |
| 4 | ALPHABET INC CLASS A | GOOGL | 4.86% |
| 5 | BROADCOM INC | AVGO | 3.48% |
| 6 | ELI LILLY AND CO | LLY | 3.06% |
| 7 | MARVELL TECHNOLOGY INC | MRVL | 3.02% |
| 8 | MICROSOFT CORP | MSFT | 2.76% |
| 9 | ORACLE CORP | ORCL | 2.66% |
| 10 | MICRON TECHNOLOGY INC | MU | 2.62% |