BOUT vs. FFTY ETF Comparison
Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to Innovator IBD 50 Fund ETF (FFTY)
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
$33.41
Average Daily Volume
2,194
59
FFTY
Innovator IBD 50 Fund ETF
FFTY Description
The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in companies included in the IBD® 50 Index. It is actively managed. Under normal circumstances, the fund will invest in a portfolio of U.S.-listed, exchange-traded equities. FFTY picks 50 leading growth companies that trade on US exchanges, potentially including ADRs. After screening out securities with extreme recent price movements, the universe is ranked by a composite of 11 different fundamental and technical metrics. The top 50 stocks are weighted in tiers, with more weight given to higher-ranking companies. Components of the index are reviewed on a weekly basis. Based on market-wide technical signals, FFTY may substitute half of its equity portfolio with Treasury bills. The index will remain half equity, half T-bills until a reversal signal occurs. Its worth noting that the funds high-turnover strategy could lead to poor tracking and/or taxable capital gains payouts.Grade (RS Rating)
Last Trade
$25.93
Average Daily Volume
84,296
50
Performance
| Period | BOUT | FFTY |
|---|---|---|
| 30 Days | -7.23% | -7.59% |
| 60 Days | -4.07% | -3.28% |
| 90 Days | 1.18% | 3.72% |
| 12 Months | 10.91% | 12.09% |
14 Overlapping Holdings
| Symbol | Grade | Weight in BOUT | Weight in FFTY | Overlap | |
|---|---|---|---|---|---|
| ANET | D | 0.35% | 2.97% | 0.35% | |
| APPF | D | 2.61% | 0.49% | 0.49% | |
| CELH | D | 2.8% | 3.81% | 2.8% | |
| CRM | D | 1.85% | 0.99% | 0.99% | |
| DUOL | B | 2.7% | 0.97% | 0.97% | |
| FROG | C | 2.7% | 0.99% | 0.99% | |
| HUBS | A | 2.97% | 1.06% | 1.06% | |
| IBKR | A | 2.8% | 0.49% | 0.49% | |
| KKR | C | 0.34% | 0.5% | 0.34% | |
| KSPI | A | 3.34% | 0.49% | 0.49% | |
| NVDA | D | 0.35% | 3.44% | 0.35% | |
| RCL | A | 1.81% | 2.93% | 1.81% | |
| TBBB | D | 3.16% | 0.99% | 0.99% | |
| WING | A | 3.09% | 2.82% | 2.82% |
BOUT Overweight 45 Positions Relative to FFTY
| Symbol | Grade | Weight | |
|---|---|---|---|
| FTI | A | 3.47% | |
| AZEK | D | 3.2% | |
| MSDL | A | 3.17% | |
| BLDR | C | 3.16% | |
| HEAR | B | 3.15% | |
| TXRH | A | 3.14% | |
| LEN | C | 3.13% | |
| GPS | D | 2.84% | |
| XYL | A | 2.75% | |
| JPM | B | 2.73% | |
| SAP | B | 2.72% | |
| PCOR | D | 2.63% | |
| IOT | B | 2.48% | |
| GOOGL | A | 1.87% | |
| GOOG | A | 1.87% | |
| PCAR | D | 1.82% | |
| IRM | B | 1.81% | |
| SHAK | C | 1.8% | |
| FOR | D | 1.8% | |
| AXP | A | 1.8% | |
| ERJ | A | 1.77% | |
| CROX | C | 1.72% | |
| SEMR | B | 0.93% | |
| PWR | A | 0.93% | |
| NTAP | B | 0.93% | |
| GVA | A | 0.92% | |
| ERIE | C | 0.92% | |
| URI | C | 0.91% | |
| TOL | B | 0.89% | |
| ISRG | D | 0.89% | |
| RL | C | 0.85% | |
| KNSL | C | 0.78% | |
| ELF | C | 0.76% | |
| WAB | A | 0.35% | |
| SKWD | B | 0.35% | |
| PSTG | B | 0.35% | |
| WMS | C | 0.34% | |
| PLTR | D | 0.34% | |
| OKTA | D | 0.33% | |
| LRN | B | 0.33% | |
| FIHL | A | 0.33% | |
| DFH | D | 0.33% | |
| ASML | D | 0.33% | |
| TREX | D | 0.32% | |
| RYAN | C | 0.32% |
BOUT Underweight 36 Positions Relative to FFTY
| Symbol | Grade | Weight | |
|---|---|---|---|
| DKNG | D | -3.67% | |
| FIX | A | -3.51% | |
| VRT | A | -3.48% | |
| ARM | F | -3.47% | |
| CRWD | D | -3.43% | |
| GCT | A | -3.39% | |
| CLSK | B | -3.36% | |
| HIMS | D | -3.26% | |
| MMYT | A | -3.15% | |
| META | B | -3.11% | |
| SWAV | A | -3.04% | |
| NFLX | D | -3.01% | |
| PR | B | -3.0% | |
| ASND | D | -2.99% | |
| TDW | A | -2.98% | |
| NTRA | A | -2.08% | |
| FTAI | A | -2.06% | |
| ETN | A | -2.05% | |
| ACMR | A | -2.04% | |
| COOP | A | -2.03% | |
| NET | D | -2.02% | |
| DASH | B | -2.0% | |
| RYAAY | D | -1.98% | |
| OWL | A | -1.98% | |
| NVO | C | -1.97% | |
| FRPT | D | -1.04% | |
| AXON | B | -1.0% | |
| SNPS | D | -0.99% | |
| CDNS | D | -0.99% | |
| BLBD | B | -0.97% | |
| AAON | A | -0.52% | |
| FCNCA | A | -0.5% | |
| TOST | C | -0.49% | |
| CTAS | B | -0.49% | |
| TCOM | A | -0.48% | |
| LPG | A | -0.47% |
BOUT: Top Represented Industries & Keywords
FFTY: Top Represented Industries & Keywords
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