MAMB vs. BOUT ETF Comparison
Comparison of Monarch Ambassador Income ETF (MAMB) to Innovator IBD Breakout Opportunities ETF (BOUT)
MAMB
Monarch Ambassador Income ETF
MAMB Description
The investment seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview Ambassador Income Index. The fund generally invests at least 80% of its total assets in the constituents of the index. The index is designed to measure the performance of an investable universe of fixed income securities of varying credit quality and duration, including corporate bonds, lower-quality bonds, known as "high yield" or "junk" bonds, treasury bonds, municipal bonds, mortgage backed securities and convertible bonds, that provide broad exposure to the U.S. and global bond market.
Grade (RS Rating)
Last Trade
$22.11
Average Daily Volume
9,401
6
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
$35.53
Average Daily Volume
2,497
25
Performance
| Period | MAMB | BOUT |
|---|---|---|
| 30 Days | 2.04% | 6.45% |
| 60 Days | 0.59% | 0.92% |
| 90 Days | 1.14% | 2.78% |
| 12 Months | 0.97% | 19.56% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MAMB | Weight in BOUT | Overlap |
|---|
MAMB Underweight 25 Positions Relative to BOUT
| Symbol | Grade | Weight | |
|---|---|---|---|
| NXPI | A | -7.48% | |
| MSDL | C | -7.09% | |
| HQY | D | -6.96% | |
| FTI | B | -6.82% | |
| NOG | C | -6.67% | |
| ALKT | C | -5.96% | |
| DVA | C | -4.64% | |
| CRS | A | -4.5% | |
| IRM | A | -4.37% | |
| XYL | A | -4.31% | |
| BCSF | C | -4.07% | |
| PANW | C | -4.03% | |
| IBKR | B | -4.01% | |
| HUBS | D | -3.88% | |
| GOOG | B | -3.84% | |
| LPLA | C | -2.05% | |
| AZN | B | -2.04% | |
| ERJ | A | -1.99% | |
| INTU | C | -1.97% | |
| GOOGL | B | -1.92% | |
| FWRG | F | -1.09% | |
| AVAV | B | -1.03% | |
| NVO | B | -1.02% | |
| HEI | B | -1.01% | |
| WAB | A | -0.99% |
MAMB: Top Represented Industries & Keywords
BOUT: Top Represented Industries & Keywords
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