BOUT vs. FTXN ETF Comparison
Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to First Trust Nasdaq Oil & Gas ETF (FTXN)
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
$32.96
Average Daily Volume
2,631
59
FTXN
First Trust Nasdaq Oil & Gas ETF
FTXN Description
The First Trust Nasdaq Oil & Gas ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Oil & Gas Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Oil & Gas Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Oil & Gas Index.Grade (RS Rating)
Last Trade
$31.86
Average Daily Volume
39,858
42
Performance
| Period | BOUT | FTXN |
|---|---|---|
| 30 Days | -6.82% | 1.27% |
| 60 Days | -4.66% | 11.08% |
| 90 Days | 0.54% | 18.61% |
| 12 Months | 8.67% | 19.33% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BOUT | Weight in FTXN | Overlap |
|---|
BOUT Overweight 59 Positions Relative to FTXN
| Symbol | Grade | Weight | |
|---|---|---|---|
| FTI | A | 3.47% | |
| KSPI | A | 3.34% | |
| AZEK | C | 3.2% | |
| MSDL | A | 3.17% | |
| TBBB | D | 3.16% | |
| BLDR | C | 3.16% | |
| HEAR | A | 3.15% | |
| TXRH | A | 3.14% | |
| LEN | C | 3.13% | |
| WING | A | 3.09% | |
| HUBS | A | 2.97% | |
| GPS | B | 2.84% | |
| IBKR | A | 2.8% | |
| CELH | B | 2.8% | |
| XYL | A | 2.75% | |
| JPM | B | 2.73% | |
| SAP | C | 2.72% | |
| FROG | D | 2.7% | |
| DUOL | B | 2.7% | |
| PCOR | C | 2.63% | |
| APPF | C | 2.61% | |
| IOT | D | 2.48% | |
| GOOGL | A | 1.87% | |
| GOOG | A | 1.87% | |
| CRM | C | 1.85% | |
| PCAR | B | 1.82% | |
| RCL | B | 1.81% | |
| IRM | B | 1.81% | |
| SHAK | C | 1.8% | |
| FOR | B | 1.8% | |
| AXP | B | 1.8% | |
| ERJ | A | 1.77% | |
| CROX | B | 1.72% | |
| SEMR | B | 0.93% | |
| PWR | A | 0.93% | |
| NTAP | A | 0.93% | |
| GVA | A | 0.92% | |
| ERIE | C | 0.92% | |
| URI | C | 0.91% | |
| TOL | B | 0.89% | |
| ISRG | C | 0.89% | |
| RL | D | 0.85% | |
| KNSL | C | 0.78% | |
| ELF | C | 0.76% | |
| WAB | A | 0.35% | |
| SKWD | B | 0.35% | |
| PSTG | A | 0.35% | |
| NVDA | A | 0.35% | |
| ANET | C | 0.35% | |
| WMS | B | 0.34% | |
| PLTR | D | 0.34% | |
| KKR | B | 0.34% | |
| OKTA | D | 0.33% | |
| LRN | D | 0.33% | |
| FIHL | A | 0.33% | |
| DFH | B | 0.33% | |
| ASML | B | 0.33% | |
| TREX | C | 0.32% | |
| RYAN | C | 0.32% |
BOUT Underweight 42 Positions Relative to FTXN
| Symbol | Grade | Weight | |
|---|---|---|---|
| COP | A | -8.09% | |
| MPC | A | -8.04% | |
| XOM | A | -7.99% | |
| CVX | A | -7.34% | |
| OXY | A | -6.35% | |
| VLO | A | -4.29% | |
| EOG | A | -4.12% | |
| PSX | B | -3.97% | |
| DVN | A | -3.9% | |
| SLB | D | -3.49% | |
| LNG | C | -3.48% | |
| KMI | A | -3.47% | |
| FANG | A | -3.22% | |
| WMB | A | -3.13% | |
| MRO | A | -2.36% | |
| OKE | A | -2.31% | |
| OVV | A | -2.24% | |
| HAL | A | -1.97% | |
| CTRA | A | -1.9% | |
| TRGP | A | -1.79% | |
| APA | B | -1.78% | |
| CHK | A | -1.24% | |
| DINO | B | -1.22% | |
| PR | A | -1.22% | |
| MTDR | A | -0.98% | |
| CHRD | A | -0.98% | |
| SM | A | -0.9% | |
| PBF | A | -0.82% | |
| NOG | A | -0.68% | |
| ETRN | A | -0.57% | |
| CHX | A | -0.54% | |
| RRC | A | -0.53% | |
| CNX | A | -0.51% | |
| MGY | A | -0.51% | |
| WFRD | A | -0.51% | |
| LBRT | A | -0.5% | |
| TPL | A | -0.49% | |
| HP | A | -0.49% | |
| WHD | A | -0.49% | |
| GPOR | A | -0.49% | |
| CVI | B | -0.48% | |
| CRC | B | -0.47% |
BOUT: Top Represented Industries & Keywords
FTXN: Top Represented Industries & Keywords
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