BOUT vs. FSMD ETF Comparison
Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to Fidelity Small-Mid Factor ETF (FSMD)
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
FSMD
Fidelity Small-Mid Factor ETF
FSMD Description
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Small-Mid Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Small-Mid Factor Index℠, which is designed to reflect the performance of stocks of small- and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market, as represented by the Fidelity U.S. Extended Investable Market Index℠.Grade (RS Rating)
Last Trade
$44.30
Average Daily Volume
86,159
578
Performance
Period | BOUT | FSMD |
---|---|---|
30 Days | 10.23% | 7.37% |
60 Days | 10.93% | 7.55% |
90 Days | 11.26% | 9.10% |
12 Months | 34.57% | 35.46% |
13 Overlapping Holdings
Symbol | Grade | Weight in BOUT | Weight in FSMD | Overlap | |
---|---|---|---|---|---|
COLL | F | 2.23% | 0.08% | 0.08% | |
CORT | B | 0.41% | 0.21% | 0.21% | |
DVA | B | 3.71% | 0.22% | 0.22% | |
EQH | B | 3.78% | 0.32% | 0.32% | |
GMED | A | 0.41% | 0.24% | 0.24% | |
IBKR | A | 0.42% | 0.42% | 0.42% | |
IDCC | A | 4.01% | 0.18% | 0.18% | |
NMIH | D | 2.44% | 0.13% | 0.13% | |
PLMR | B | 0.39% | 0.13% | 0.13% | |
ROAD | A | 0.45% | 0.16% | 0.16% | |
SN | D | 1.2% | 0.18% | 0.18% | |
TPH | D | 0.42% | 0.13% | 0.13% | |
VRNS | D | 2.61% | 0.16% | 0.16% |
BOUT Overweight 31 Positions Relative to FSMD
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% | |
ETN | A | 3.82% | |
SPGI | C | 3.81% | |
CRM | B | 3.73% | |
BAH | F | 3.73% | |
PGR | A | 3.63% | |
CRDO | B | 2.87% | |
ULS | B | 2.59% | |
IR | B | 2.49% | |
DT | C | 2.49% | |
ONON | A | 2.35% | |
TSM | B | 1.31% | |
TBBK | B | 1.28% | |
NOW | A | 1.27% | |
CDNA | D | 1.24% | |
SCCO | F | 1.22% | |
TCOM | B | 1.14% | |
BEKE | D | 1.06% | |
AXON | A | 0.43% | |
CWAN | B | 0.42% | |
AVGO | D | 0.42% | |
ALKT | B | 0.42% | |
ACGL | D | 0.4% | |
JD | D | 0.38% |
BOUT Underweight 565 Positions Relative to FSMD
Symbol | Grade | Weight | |
---|---|---|---|
TPL | A | -0.57% | |
EME | C | -0.46% | |
LYV | A | -0.42% | |
NRG | B | -0.41% | |
UTHR | C | -0.38% | |
NTNX | A | -0.38% | |
LII | A | -0.37% | |
SNA | A | -0.37% | |
MANH | D | -0.36% | |
NTRA | B | -0.35% | |
GWRE | A | -0.35% | |
RPM | A | -0.35% | |
THC | D | -0.34% | |
PNR | A | -0.34% | |
FIX | A | -0.34% | |
NWSA | B | -0.33% | |
DUOL | A | -0.33% | |
SFM | A | -0.33% | |
EWBC | A | -0.33% | |
TOL | B | -0.33% | |
WSO | A | -0.33% | |
CASY | A | -0.32% | |
OC | A | -0.32% | |
TW | A | -0.32% | |
RGA | A | -0.31% | |
L | A | -0.31% | |
CW | B | -0.31% | |
ACM | A | -0.31% | |
GGG | B | -0.3% | |
INCY | C | -0.3% | |
RNR | C | -0.3% | |
PSTG | D | -0.3% | |
SF | B | -0.29% | |
ROL | B | -0.29% | |
TXRH | C | -0.29% | |
FTI | A | -0.29% | |
UNM | A | -0.29% | |
CPT | B | -0.28% | |
DOCS | C | -0.28% | |
TPR | B | -0.28% | |
NDSN | B | -0.28% | |
EXEL | B | -0.28% | |
ELS | C | -0.28% | |
DTM | B | -0.28% | |
SCI | B | -0.28% | |
SW | A | -0.28% | |
NBIX | C | -0.27% | |
TTEK | F | -0.27% | |
UHS | D | -0.27% | |
ATR | B | -0.27% | |
EVR | B | -0.27% | |
REG | B | -0.27% | |
CLH | B | -0.27% | |
JLL | D | -0.27% | |
CACI | D | -0.27% | |
JNPR | F | -0.27% | |
LECO | B | -0.26% | |
PRI | A | -0.26% | |
PCVX | D | -0.26% | |
LAMR | D | -0.26% | |
BSY | D | -0.26% | |
BXP | D | -0.26% | |
ALLE | D | -0.26% | |
WBS | A | -0.26% | |
BWXT | B | -0.26% | |
OWL | A | -0.26% | |
AMH | D | -0.26% | |
CIEN | B | -0.26% | |
FHN | A | -0.26% | |
NVT | B | -0.26% | |
AIZ | A | -0.26% | |
ITT | A | -0.26% | |
CHRW | C | -0.26% | |
AAON | B | -0.25% | |
ALSN | B | -0.25% | |
AIT | A | -0.25% | |
EXP | A | -0.25% | |
HLI | B | -0.25% | |
SOLV | C | -0.25% | |
EHC | B | -0.25% | |
WAL | B | -0.25% | |
MLI | C | -0.25% | |
DOX | D | -0.25% | |
DKS | C | -0.25% | |
BJ | A | -0.25% | |
TAP | C | -0.25% | |
OGE | B | -0.24% | |
WWD | B | -0.24% | |
NYT | C | -0.24% | |
BLD | D | -0.24% | |
OHI | C | -0.24% | |
INGR | B | -0.24% | |
BRBR | A | -0.24% | |
AYI | B | -0.24% | |
KNSL | B | -0.24% | |
CUBE | D | -0.24% | |
CMA | A | -0.24% | |
HLNE | B | -0.23% | |
PLNT | A | -0.23% | |
MORN | B | -0.23% | |
AFG | A | -0.23% | |
ZION | B | -0.23% | |
ORI | A | -0.23% | |
CNX | A | -0.23% | |
SRPT | D | -0.23% | |
SNV | B | -0.23% | |
MASI | A | -0.23% | |
TPX | B | -0.23% | |
MUSA | A | -0.23% | |
FN | D | -0.23% | |
ERIE | D | -0.23% | |
GL | B | -0.23% | |
JXN | C | -0.22% | |
ADMA | B | -0.22% | |
RGLD | C | -0.22% | |
ENSG | D | -0.22% | |
SNX | C | -0.22% | |
BRX | A | -0.22% | |
SEIC | B | -0.22% | |
RL | B | -0.22% | |
VOYA | B | -0.22% | |
CBSH | A | -0.22% | |
ALLY | C | -0.22% | |
WING | D | -0.22% | |
WH | B | -0.22% | |
CHDN | B | -0.22% | |
WTFC | A | -0.22% | |
HALO | F | -0.21% | |
QTWO | A | -0.21% | |
CR | A | -0.21% | |
GPK | C | -0.21% | |
MEDP | D | -0.21% | |
HSIC | B | -0.21% | |
EXLS | B | -0.21% | |
EWTX | C | -0.21% | |
ONTO | D | -0.21% | |
TFX | F | -0.21% | |
GKOS | B | -0.21% | |
AXTA | A | -0.21% | |
RBC | A | -0.21% | |
HRB | D | -0.21% | |
FRT | B | -0.21% | |
MTSI | B | -0.21% | |
CHE | D | -0.21% | |
DCI | B | -0.21% | |
ELAN | D | -0.2% | |
CRBG | B | -0.2% | |
RHI | B | -0.2% | |
MMSI | B | -0.2% | |
SKX | D | -0.2% | |
TMHC | B | -0.2% | |
CPB | D | -0.2% | |
FLS | B | -0.2% | |
STRL | B | -0.2% | |
SAIC | F | -0.2% | |
ESAB | B | -0.2% | |
CHRD | D | -0.2% | |
REXR | F | -0.2% | |
RLI | B | -0.2% | |
MTCH | D | -0.2% | |
HRL | D | -0.2% | |
CVLT | B | -0.2% | |
ADC | B | -0.2% | |
BWA | D | -0.2% | |
RDNT | B | -0.2% | |
G | B | -0.2% | |
R | B | -0.19% | |
CMC | B | -0.19% | |
MHK | D | -0.19% | |
WMS | D | -0.19% | |
AXS | A | -0.19% | |
ANF | C | -0.19% | |
BMI | B | -0.19% | |
ACIW | B | -0.19% | |
ALV | C | -0.19% | |
ACI | C | -0.19% | |
KD | B | -0.19% | |
COOP | B | -0.19% | |
TTC | D | -0.19% | |
PRCT | B | -0.19% | |
AOS | F | -0.19% | |
RGEN | D | -0.19% | |
BERY | B | -0.19% | |
UFPI | B | -0.19% | |
ACLX | C | -0.19% | |
DBX | B | -0.19% | |
NNN | D | -0.19% | |
WMG | C | -0.18% | |
WFRD | D | -0.18% | |
SUM | B | -0.18% | |
OSK | B | -0.18% | |
OLED | D | -0.18% | |
ESTC | C | -0.18% | |
TREX | C | -0.18% | |
DINO | D | -0.18% | |
VNT | B | -0.18% | |
HIMS | B | -0.18% | |
CBT | C | -0.18% | |
FR | C | -0.18% | |
SIGI | C | -0.18% | |
POWL | C | -0.18% | |
MGY | A | -0.18% | |
PIPR | B | -0.18% | |
MTG | C | -0.18% | |
VMI | B | -0.18% | |
AWI | A | -0.18% | |
SSD | D | -0.18% | |
ALTR | B | -0.18% | |
CSWI | A | -0.18% | |
BPOP | B | -0.18% | |
GNTX | C | -0.18% | |
UMBF | B | -0.18% | |
NFG | A | -0.18% | |
THG | A | -0.18% | |
OMF | A | -0.18% | |
MTN | C | -0.18% | |
TDS | B | -0.18% | |
NXST | C | -0.17% | |
KTB | B | -0.17% | |
ITGR | B | -0.17% | |
MATX | C | -0.17% | |
FTDR | A | -0.17% | |
DORM | B | -0.17% | |
SLM | A | -0.17% | |
ESNT | D | -0.17% | |
LRN | A | -0.17% | |
FCN | D | -0.17% | |
LSTR | D | -0.17% | |
AMG | B | -0.17% | |
AROC | B | -0.17% | |
PI | D | -0.17% | |
BPMC | C | -0.17% | |
GPI | A | -0.17% | |
QLYS | C | -0.17% | |
MTH | D | -0.17% | |
BFAM | D | -0.17% | |
HII | D | -0.17% | |
MOG.A | B | -0.17% | |
KNF | A | -0.17% | |
STAG | F | -0.17% | |
BYD | C | -0.17% | |
ESI | A | -0.17% | |
CEIX | A | -0.17% | |
NOVT | D | -0.17% | |
EPRT | B | -0.17% | |
SPSC | C | -0.17% | |
CROX | D | -0.16% | |
POST | C | -0.16% | |
IESC | B | -0.16% | |
TGNA | B | -0.16% | |
ABG | B | -0.16% | |
CNO | A | -0.16% | |
VVV | F | -0.16% | |
ZETA | D | -0.16% | |
ZD | C | -0.16% | |
HAE | C | -0.16% | |
AGX | B | -0.16% | |
PEGA | A | -0.16% | |
ALE | A | -0.16% | |
CUZ | B | -0.16% | |
APPF | B | -0.16% | |
AX | A | -0.16% | |
ASB | B | -0.16% | |
PBH | A | -0.16% | |
PRIM | A | -0.16% | |
COKE | C | -0.16% | |
BGC | C | -0.16% | |
SKYW | B | -0.16% | |
OLLI | D | -0.16% | |
OZK | B | -0.16% | |
MSA | D | -0.16% | |
BKH | A | -0.16% | |
LNTH | D | -0.16% | |
BCPC | B | -0.16% | |
KBH | D | -0.16% | |
ZWS | B | -0.16% | |
ARW | D | -0.16% | |
CNM | D | -0.16% | |
GEO | B | -0.16% | |
LOPE | B | -0.16% | |
UGI | A | -0.16% | |
ALKS | B | -0.16% | |
PLXS | B | -0.16% | |
MIR | A | -0.15% | |
SEM | B | -0.15% | |
FULT | A | -0.15% | |
NWE | B | -0.15% | |
IBOC | A | -0.15% | |
KRC | C | -0.15% | |
MMS | F | -0.15% | |
CVCO | A | -0.15% | |
AGCO | D | -0.15% | |
CRVL | A | -0.15% | |
VIRT | B | -0.15% | |
FHI | A | -0.15% | |
KRYS | B | -0.15% | |
ASGN | F | -0.15% | |
KAI | A | -0.15% | |
ACA | A | -0.15% | |
CALM | A | -0.15% | |
AXNX | C | -0.15% | |
DXC | B | -0.15% | |
GHC | C | -0.15% | |
EEFT | B | -0.15% | |
DY | D | -0.15% | |
TNL | A | -0.15% | |
TENB | C | -0.15% | |
CPRX | C | -0.15% | |
BRKR | D | -0.15% | |
WTS | B | -0.15% | |
PSN | D | -0.15% | |
CRUS | D | -0.15% | |
PJT | A | -0.15% | |
BCC | B | -0.15% | |
SANM | B | -0.15% | |
AVT | C | -0.15% | |
SR | A | -0.15% | |
CTRE | D | -0.15% | |
CRNX | C | -0.15% | |
CATY | B | -0.15% | |
BTU | B | -0.15% | |
RDN | C | -0.15% | |
FBP | B | -0.14% | |
SLVM | B | -0.14% | |
PRGS | A | -0.14% | |
NHI | D | -0.14% | |
VCTR | B | -0.14% | |
APAM | B | -0.14% | |
SUPN | C | -0.14% | |
VCEL | B | -0.14% | |
YELP | C | -0.14% | |
USLM | A | -0.14% | |
MWA | B | -0.14% | |
ESGR | B | -0.14% | |
CXW | B | -0.14% | |
ENVA | B | -0.14% | |
WDFC | B | -0.14% | |
DLB | B | -0.14% | |
MHO | D | -0.14% | |
ATGE | B | -0.14% | |
SLGN | A | -0.14% | |
CHH | A | -0.14% | |
IBP | D | -0.14% | |
EXPO | D | -0.14% | |
IDT | B | -0.14% | |
SON | D | -0.14% | |
SMLR | B | -0.14% | |
FSS | B | -0.14% | |
CIVI | D | -0.14% | |
WKC | D | -0.13% | |
SXT | B | -0.13% | |
LGND | B | -0.13% | |
HOG | D | -0.13% | |
HCC | B | -0.13% | |
CBZ | B | -0.13% | |
OTTR | C | -0.13% | |
BNL | D | -0.13% | |
MSM | C | -0.13% | |
FUL | F | -0.13% | |
SKWD | A | -0.13% | |
ARCH | B | -0.13% | |
SHOO | D | -0.13% | |
NEU | C | -0.13% | |
WEN | D | -0.13% | |
TKR | D | -0.13% | |
PHIN | A | -0.13% | |
CASH | A | -0.13% | |
DEI | B | -0.13% | |
LMAT | A | -0.13% | |
NSIT | F | -0.13% | |
ASO | F | -0.13% | |
AN | C | -0.13% | |
LANC | C | -0.13% | |
AVA | A | -0.13% | |
HIW | D | -0.13% | |
UE | C | -0.13% | |
FLO | D | -0.13% | |
RUSHA | C | -0.13% | |
KFY | B | -0.13% | |
GPOR | B | -0.13% | |
GTES | A | -0.13% | |
BFH | B | -0.13% | |
SNEX | B | -0.13% | |
AGR | B | -0.13% | |
GNW | A | -0.13% | |
FELE | B | -0.13% | |
IOSP | B | -0.12% | |
ASH | D | -0.12% | |
AEO | F | -0.12% | |
TPB | B | -0.12% | |
FORM | D | -0.12% | |
OSIS | B | -0.12% | |
CTS | C | -0.12% | |
ICFI | F | -0.12% | |
LBRT | D | -0.12% | |
PAHC | C | -0.12% | |
NSA | D | -0.12% | |
AMPH | D | -0.12% | |
PAG | B | -0.12% | |
ADUS | D | -0.12% | |
OGN | D | -0.12% | |
ENS | D | -0.12% | |
USM | B | -0.12% | |
PPC | C | -0.12% | |
CHCO | B | -0.12% | |
PBF | D | -0.12% | |
PLUS | F | -0.12% | |
BRC | D | -0.12% | |
AMRX | C | -0.12% | |
PATK | D | -0.12% | |
HMN | B | -0.12% | |
QCRH | A | -0.12% | |
AMED | F | -0.12% | |
BCO | D | -0.12% | |
EPAC | B | -0.12% | |
UFPT | B | -0.12% | |
WSBC | A | -0.12% | |
VSTO | A | -0.12% | |
MCY | A | -0.12% | |
COLM | B | -0.12% | |
WU | D | -0.12% | |
PINC | B | -0.12% | |
WLK | D | -0.12% | |
HCKT | B | -0.11% | |
UVSP | B | -0.11% | |
PLAB | C | -0.11% | |
AMAL | B | -0.11% | |
LZB | B | -0.11% | |
AZZ | B | -0.11% | |
CPF | A | -0.11% | |
HNI | B | -0.11% | |
NHC | C | -0.11% | |
AMKR | D | -0.11% | |
APOG | B | -0.11% | |
GIII | D | -0.11% | |
GOLF | B | -0.11% | |
VRRM | D | -0.11% | |
PFBC | B | -0.11% | |
HCI | C | -0.11% | |
WABC | B | -0.11% | |
LTC | B | -0.11% | |
EQC | B | -0.11% | |
TWST | D | -0.11% | |
BKE | B | -0.11% | |
SHO | C | -0.11% | |
CTBI | B | -0.11% | |
EIG | B | -0.11% | |
HWKN | B | -0.11% | |
SBH | C | -0.11% | |
STRA | C | -0.11% | |
CXT | B | -0.11% | |
UNF | B | -0.11% | |
SPOK | C | -0.11% | |
OFG | B | -0.11% | |
ALRM | C | -0.11% | |
HUBG | A | -0.11% | |
ADTN | A | -0.11% | |
BHE | B | -0.11% | |
MGRC | B | -0.11% | |
PLTK | B | -0.11% | |
MCB | B | -0.11% | |
MTX | B | -0.11% | |
ATEN | B | -0.11% | |
GNE | D | -0.1% | |
DDS | B | -0.1% | |
ASTH | D | -0.1% | |
TPC | C | -0.1% | |
CUBI | C | -0.1% | |
UTI | A | -0.1% | |
KURA | F | -0.1% | |
DEA | D | -0.1% | |
INSW | F | -0.1% | |
SCSC | B | -0.1% | |
UVE | B | -0.1% | |
ACT | D | -0.1% | |
ROCK | C | -0.1% | |
THFF | B | -0.1% | |
SPNT | A | -0.1% | |
USPH | B | -0.1% | |
LEVI | F | -0.1% | |
MDU | D | -0.1% | |
AAT | B | -0.1% | |
URBN | C | -0.1% | |
PDM | D | -0.1% | |
SRCE | B | -0.1% | |
HSTM | B | -0.1% | |
WINA | B | -0.1% | |
SXC | A | -0.1% | |
AMR | C | -0.1% | |
IBCP | B | -0.1% | |
MSBI | B | -0.1% | |
STNG | F | -0.1% | |
REX | D | -0.1% | |
UTL | B | -0.1% | |
MCRI | A | -0.1% | |
CSV | B | -0.1% | |
CRAI | B | -0.1% | |
PRDO | B | -0.1% | |
SIRI | C | -0.1% | |
PEBO | A | -0.1% | |
INVA | D | -0.1% | |
XHR | B | -0.1% | |
ZYXI | D | -0.09% | |
CNXN | C | -0.09% | |
UTMD | F | -0.09% | |
MLR | B | -0.09% | |
PGRE | F | -0.09% | |
CWCO | C | -0.09% | |
INFA | D | -0.09% | |
KLG | C | -0.09% | |
CFB | B | -0.09% | |
SMP | B | -0.09% | |
FF | D | -0.09% | |
FIZZ | C | -0.09% | |
HSII | B | -0.09% | |
WSR | A | -0.09% | |
REYN | D | -0.09% | |
SCHL | D | -0.09% | |
ANIP | F | -0.09% | |
OLP | B | -0.09% | |
BBSI | B | -0.09% | |
CASS | B | -0.09% | |
UPBD | B | -0.09% | |
ALX | D | -0.08% | |
NVEC | C | -0.08% | |
LPG | F | -0.08% | |
VECO | F | -0.08% | |
AMCX | C | -0.08% | |
OSUR | F | -0.08% | |
IMKTA | C | -0.08% | |
TNC | D | -0.08% | |
ETD | C | -0.08% | |
SCS | C | -0.08% | |
STAA | F | -0.08% | |
VNDA | C | -0.08% | |
SSTK | F | -0.08% | |
EGY | D | -0.08% | |
SCVL | F | -0.08% | |
HCSG | C | -0.08% | |
VSH | D | -0.08% | |
ANDE | D | -0.08% | |
CNXC | F | -0.07% | |
SIGA | F | -0.07% | |
CECO | A | -0.07% | |
BRY | F | -0.07% | |
NSSC | D | -0.07% | |
METC | C | -0.07% | |
EBF | F | -0.07% | |
JBSS | D | -0.07% | |
NPK | B | -0.07% | |
KRT | A | -0.07% | |
RMR | F | -0.07% | |
HE | C | -0.07% | |
SLP | D | -0.07% | |
KFRC | D | -0.07% | |
TRNS | D | -0.07% | |
IMMR | C | -0.06% | |
GIC | D | -0.06% | |
MRVI | F | -0.06% | |
ASC | F | -0.06% | |
PANL | F | -0.06% | |
AMN | F | -0.05% | |
KELYA | F | -0.05% | |
CLW | F | -0.04% | |
JBI | F | -0.04% |
BOUT: Top Represented Industries & Keywords
FSMD: Top Represented Industries & Keywords