BOUT vs. CNAV ETF Comparison
Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to Mohr Company Nav ETF (CNAV)
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
$40.67
Average Daily Volume
3,050
44
CNAV
Mohr Company Nav ETF
CNAV Description
CNAV scans for opportunities across all 11 sectors of the S&P 500, in attempt to navigate significant market value fluctuations. The portfolio may focus on just 50 stocks and rebalances whenever a holding exceeds 10% of total assets. Stock selection follows a top-down, tactical approach, evaluating price movements of individual stocks and over 117 sub-industries within the S&P 500 index. The fund holds the strongest-performing stocks when industry data trends are favorable. Conversely, when an industry shows a negative trend, it reallocates to other industries or moves into money market funds. Due to frequent trading, the fund is expected to experience a high portfolio turnover rate and is designed for investors who can withstand large principal value fluctuations.Grade (RS Rating)
Last Trade
$28.42
Average Daily Volume
20,379
30
Performance
| Period | BOUT | CNAV |
|---|---|---|
| 30 Days | 10.23% | 13.01% |
| 60 Days | 10.93% | |
| 90 Days | 11.26% | |
| 12 Months | 34.57% |
BOUT Overweight 41 Positions Relative to CNAV
| Symbol | Grade | Weight | |
|---|---|---|---|
| PACS | F | 4.48% | |
| MS | A | 4.47% | |
| LBRDK | C | 4.44% | |
| NEM | D | 4.42% | |
| VIK | B | 4.39% | |
| EXPE | B | 4.28% | |
| EQIX | A | 4.25% | |
| AHR | A | 4.24% | |
| IDCC | A | 4.01% | |
| ETN | A | 3.82% | |
| SPGI | C | 3.81% | |
| EQH | B | 3.78% | |
| CRM | B | 3.73% | |
| BAH | F | 3.73% | |
| DVA | B | 3.71% | |
| CRDO | B | 2.87% | |
| VRNS | D | 2.61% | |
| ULS | B | 2.59% | |
| IR | B | 2.49% | |
| NMIH | D | 2.44% | |
| ONON | A | 2.35% | |
| COLL | F | 2.23% | |
| TSM | B | 1.31% | |
| TBBK | B | 1.28% | |
| NOW | A | 1.27% | |
| CDNA | D | 1.24% | |
| SCCO | F | 1.22% | |
| SN | D | 1.2% | |
| TCOM | B | 1.14% | |
| BEKE | D | 1.06% | |
| ROAD | A | 0.45% | |
| TPH | D | 0.42% | |
| IBKR | A | 0.42% | |
| CWAN | B | 0.42% | |
| AVGO | D | 0.42% | |
| ALKT | B | 0.42% | |
| GMED | A | 0.41% | |
| CORT | B | 0.41% | |
| ACGL | D | 0.4% | |
| PLMR | B | 0.39% | |
| JD | D | 0.38% |
BOUT Underweight 27 Positions Relative to CNAV
| Symbol | Grade | Weight | |
|---|---|---|---|
| APP | B | -7.13% | |
| VRT | B | -3.68% | |
| DAY | B | -3.67% | |
| DASH | A | -3.63% | |
| GPN | B | -3.61% | |
| FTNT | C | -3.6% | |
| VST | B | -3.5% | |
| LW | C | -3.47% | |
| NTNX | A | -3.46% | |
| V | A | -3.41% | |
| TRV | B | -3.36% | |
| FFIV | B | -3.3% | |
| CAH | B | -3.29% | |
| IOT | A | -3.27% | |
| WDAY | B | -3.2% | |
| MA | C | -3.17% | |
| CMG | B | -3.1% | |
| DRI | B | -3.05% | |
| WFC | A | -2.98% | |
| MCD | D | -2.92% | |
| SBAC | D | -2.82% | |
| BLDR | D | -2.8% | |
| NOC | D | -2.73% | |
| NKE | D | -2.69% | |
| MDLZ | F | -2.67% | |
| CEG | D | -2.59% | |
| ERIE | D | -2.31% |
BOUT: Top Represented Industries & Keywords
CNAV: Top Represented Industries & Keywords
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