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Innovator lists Innovator IBD ETF Leaders ETF (LDRS) on NYSE Arca


Innovator Capital Management has listed the Innovator IBD ETF Leaders ETF (LDRS) on the NYSE Arca. LDRS is an ETF of ETFs that seeks to outperform the broader equity and fixed income markets.

The Innovator IBD ETF Leaders ETF is designed to track the performance of the IBD Leaders ETF Index, before fees and expenses. Developed and managed by Investor’s Business Daily® (IBD), the Index is rules-based using proprietary relative strength analysis and other objective performance ratings to select ETFs across various asset classes and geographies that are demonstrating market-leading relative strength.

“Investors’ desire for wealth management solutions that are easily accessed, rules-based, and low-cost has driven the rapid growth of automated, robo-constructed ETF managed portfolios.  By delivering a dynamic global asset allocated ETF strategy that adapts to changing markets within an ETF wrapper, we can achieve better tax-efficiency for investors. The Innovator IBD ETF Leaders ETF is a single ticket solution that provides structural alpha that cannot be replicated by robos or a traditional wealth management approach,” says Bruce Bond, Chief Executive Officer of Innovator Capital Management.

“LDRS provides a unique approach to constructing a tactical portfolio of ETFs using IBD’s time tested research to identify top performing ETFs. IBD’s independent analysis of the investment universe ensures a comprehensive evaluation of all opportunities without any ETF issuer bias,” adds Graham Day, Innovator’s Vice President of Product & Research.

The Innovator IBD Leaders ETF Index selection universe is composed of all US-listed ETFs registered under the 1940 Investment Company Act, and narrowed by excluding ETFs with low trading volume, and returns below the S&P 500 Index over the previous three months. The remaining ETFs are ranked according IBD’s relative price strength rating methodology with the highest scoring ETFs included and equally weighted within the Index. Under normal circumstances, the Index will be reconstituted and rebalanced on the last trading day of each month. 

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