$IQM vs $LOUP
Franklin Intelligent Machines ETF vs. Innovator Deepwater Frontier Tech ETF: fees, size, yield, strategy and live prices side by side.
Side by side
| Metric | $IQM | $LOUP |
|---|---|---|
| Provider | Franklin Templeton | Innovator |
| Category | AI & robotics | AI & robotics |
| Management | Active | Index |
| AUM | $74M | $160M |
| Expense ratio | 0.50% | 0.70% |
| Yearly fee on $10,000 | $50 | $70 |
| Dividend yield | 0.00% | 0.00% |
| Pays | None yet | None yet |
| Launched | Feb 25, 2020 | Jul 24, 2018 |
The short version
$IQM is cheaper to own, at 0.50% a year versus 0.70%. $LOUP is the bigger fund, with $160M in assets. $LOUP has been around longer, launching on July 24, 2018.
$IQM
Franklin's intelligent machines ETF is an actively managed fund investing in companies behind intelligent machines: robotics, automation, sensors and the chips and software that power them. It often holds large positions in AI chip and semiconductor equipment names, so it can trade much like a tech growth fund. It pays little or no dividend.
$LOUP
Innovator's Deepwater frontier tech ETF tracks a concentrated list of frontier technology companies chosen by Deepwater Asset Management, covering AI, robotics, autonomy, AR and VR. Concentrated and volatile. Robotics is one of several frontier themes inside it, not the only focus.
Lower fees and more assets are helpful, but they are not the whole story. The bigger question is which strategy matches what you want to own. This comparison is not a recommendation to buy or sell either fund.
FAQ
What is the difference between IQM and LOUP?
IQM is the Franklin Intelligent Machines ETF from Franklin Templeton (ai & robotics), while LOUP is the Innovator Deepwater Frontier Tech ETF from Innovator (ai & robotics). They differ in strategy, fees and size.
Which is cheaper, IQM or LOUP?
IQM has the lower expense ratio: 0.50% vs 0.70%.
Which is bigger, IQM or LOUP?
LOUP has more assets: $160M vs $74M.
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