LCG vs. BOUT ETF Comparison

Comparison of Sterling Capital Focus Equity ETF (LCG) to Innovator IBD Breakout Opportunities ETF (BOUT)

LCG

Sterling Capital Focus Equity ETF

LCG Description

Seeks positions featuring attractive and sustainable multi-year return profiles underpinned by businesses perceived to possess: Robust financial returns and visible reinvestment opportunities Talented management Exposure to the four pillars: operating growth, strong balance sheets, high profitability, and attractive valuations

Grade (RS Rating)

Last Trade

$28.30

Average Daily Volume

7,743

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BOUT

Innovator IBD Breakout Opportunities ETF

BOUT Description

The investment seeks to track, before fees and expenses, the performance of the IBD® Breakout Stocks Index (the "index"). The fund will normally invest at least 80% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index seeks to provide opportunistic investment exposure to those stocks with the potential to "break out," or experience a period of sustained price growth beyond the stock's recent "resistance level," with consideration for various market conditions. The fund is non-diversified. BOUT uses technical analysis to find stocks that are likely to breakout. The funds index relies on an algorithm that establishes a base price (a recent high) for each eligible security. The index then follows the trend for each stock. Selected stocks are ranked by a combination of relative strength and fundamental factors, and then weighted in fixed tiers according to this ranking. In addition, BOUT will move 50% of its portfolio into T-bills based on market signals: a rapid increase in either margin debt or overall stock prices, combined with slowing reversing momentum in the S&P 500. The T-bill position will remain in place until the S&P 500 falls by 50% or show indications of rising momentum. BOUT is rebalanced and reconstituted weekly after the close on Friday. The frequent rebalance schedule means the fund will be highly responsive to the technical factors that drive its strategy, but could also experience high turnover.

Grade (RS Rating)

Last Trade

$35.48

Average Daily Volume

2,468

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LCG	BOUT
30 Days	-0.78%	7.27%
60 Days	-5.18%	1.01%
90 Days	-6.00%	2.62%
12 Months	18.80%	19.66%

2 Overlapping Holdings

	Symbol	Grade	Weight in LCG	Weight in BOUT	Overlap
	GOOG	B	4.77%	3.84%	3.84%
	HUBS	D	3.83%	3.88%	3.83%

LCG Overweight 17 Positions Relative to BOUT

Symbol	Grade	Weight
SPGI	C	8.02%
CSGP	C	7.99%
IDXX	D	6.46%
SHOP	F	5.49%
OKTA	D	4.68%
VEEV	D	4.52%
AMZN	A	4.48%
MSCI	D	4.33%
MDB	F	4.03%
NOW	D	3.98%
WDAY	F	3.61%
SNPS	D	3.38%
MSFT	C	3.27%
CDNS	D	3.17%
SAIA	F	2.95%
TEAM	F	2.7%
ODFL	F	2.55%

LCG Underweight 23 Positions Relative to BOUT

Symbol	Grade	Weight
NXPI	A	-7.48%
MSDL	A	-7.09%
HQY	D	-6.96%
FTI	B	-6.82%
NOG	B	-6.67%
ALKT	B	-5.96%
DVA	B	-4.64%
CRS	B	-4.5%
IRM	C	-4.37%
XYL	A	-4.31%
BCSF	B	-4.07%
PANW	B	-4.03%
IBKR	B	-4.01%
LPLA	B	-2.05%
AZN	A	-2.04%
ERJ	B	-1.99%
INTU	D	-1.97%
GOOGL	B	-1.92%
FWRG	C	-1.09%
AVAV	A	-1.03%
NVO	D	-1.02%
HEI	A	-1.01%
WAB	A	-0.99%