BOUT vs. GSST ETF Comparison
Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to Goldman Sachs Access Ultra Short Bond ETF (GSST)
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
$35.02
Average Daily Volume
2,240
43
GSST
Goldman Sachs Access Ultra Short Bond ETF
GSST Description
The investment seeks to provide current income with preservation of capital. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in a broad range of U.S. dollar denominated bonds. It will concentrate its investments in the financial services group of industries. Under normal circumstances, the fund's effective duration is expected to be one year or less.Grade (RS Rating)
Last Trade
$50.20
Average Daily Volume
66,702
63
Performance
| Period | BOUT | GSST |
|---|---|---|
| 30 Days | 0.27% | 0.07% |
| 60 Days | 1.63% | 0.57% |
| 90 Days | -0.62% | 0.95% |
| 12 Months | 9.85% | 5.02% |
BOUT Overweight 40 Positions Relative to GSST
| Symbol | Grade | Weight | |
|---|---|---|---|
| LOAR | D | 4.48% | |
| VIK | B | 4.38% | |
| CTRI | F | 4.37% | |
| PACS | B | 4.36% | |
| ONON | C | 4.32% | |
| PAL | B | 4.29% | |
| MSDL | B | 4.28% | |
| AHR | A | 4.28% | |
| MPWR | A | 3.87% | |
| KLAC | B | 3.87% | |
| OLED | A | 3.83% | |
| ISRG | B | 3.76% | |
| QRVO | B | 3.75% | |
| SPB | D | 3.72% | |
| NXPI | B | 3.72% | |
| IDCC | A | 3.71% | |
| AMGN | B | 2.52% | |
| RSG | A | 2.5% | |
| PSTG | C | 2.48% | |
| IBKR | B | 2.44% | |
| GOOGL | A | 2.44% | |
| DDOG | B | 2.42% | |
| ERJ | D | 2.4% | |
| BKNG | B | 1.35% | |
| KSPI | A | 1.25% | |
| GMED | A | 1.25% | |
| AVAV | D | 1.25% | |
| ATGE | A | 1.25% | |
| NVO | C | 1.22% | |
| ANF | B | 1.22% | |
| AZN | C | 1.21% | |
| PLTR | B | 0.49% | |
| ARM | B | 0.49% | |
| NFLX | A | 0.47% | |
| DECK | C | 0.46% | |
| PINS | B | 0.45% | |
| HALO | B | 0.45% | |
| CRWD | A | 0.44% | |
| PDD | D | 0.43% | |
| AMSC | B | 0.43% |
BOUT Underweight 60 Positions Relative to GSST
| Symbol | Grade | Weight | |
|---|---|---|---|
| JPM | A | -0.88% | |
| CI | D | -0.72% | |
| DFS | A | -0.64% | |
| NVR | D | -0.64% | |
| CCEP | B | -0.59% | |
| SO | B | -0.48% | |
| T | B | -0.46% | |
| BMO | D | -0.45% | |
| PXD | B | -0.44% | |
| KIND | C | -0.44% | |
| HSBC | B | -0.43% | |
| CM | C | -0.43% | |
| PSA | B | -0.43% | |
| VZ | B | -0.4% | |
| JXN | B | -0.4% | |
| BNS | C | -0.37% | |
| MS | B | -0.37% | |
| BAC | A | -0.35% | |
| DTE | D | -0.35% | |
| EQH | B | -0.35% | |
| BIIB | C | -0.34% | |
| R | B | -0.33% | |
| ICE | A | -0.31% | |
| SCHW | C | -0.31% | |
| TD | F | -0.31% | |
| CNP | B | -0.27% | |
| DUK | D | -0.26% | |
| RY | A | -0.25% | |
| DLTR | F | -0.25% | |
| FIS | B | -0.25% | |
| GILD | C | -0.23% | |
| AIG | C | -0.23% | |
| MMM | B | -0.22% | |
| C | A | -0.22% | |
| CRPT | B | -0.2% | |
| MKL | D | -0.19% | |
| PL | F | -0.19% | |
| PPL | D | -0.19% | |
| AEP | D | -0.19% | |
| ETR | D | -0.18% | |
| NWG | A | -0.17% | |
| MPLX | A | -0.16% | |
| BABA | D | -0.16% | |
| FITB | C | -0.15% | |
| NEE | D | -0.15% | |
| CSL | C | -0.14% | |
| ROP | B | -0.14% | |
| ATO | C | -0.13% | |
| MPC | D | -0.13% | |
| MCO | A | -0.13% | |
| HPE | C | -0.13% | |
| AL | C | -0.11% | |
| PFG | D | -0.11% | |
| ABBV | C | -0.1% | |
| GM | B | -0.1% | |
| COMM | F | -0.1% | |
| VOYA | D | -0.08% | |
| OGE | C | -0.07% | |
| GNR | C | -0.05% | |
| BX | C | -0.03% |
BOUT: Top Represented Industries & Keywords
GSST: Top Represented Industries & Keywords
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