BOUT vs. HTEC ETF Comparison
Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to Robo Global Healthcare Technology and Innovation ETF (HTEC)
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
$34.33
Average Daily Volume
2,129
59
HTEC
Robo Global Healthcare Technology and Innovation ETF
HTEC Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ROBO Global Healthcare Technology and Innovation Index. The fund will normally invest at least 80% of its total assets in securities of the index or in depositary receipts representing securities of the index. The index is designed to measure the performance of companies that have a portion of their business and revenue derived from the field of healthcare technology, and the potential to grow within this space through innovation and market adoption of such companies products and services. It is non-diversified.Grade (RS Rating)
Last Trade
$26.23
Average Daily Volume
11,140
55
Performance
| Period | BOUT | HTEC |
|---|---|---|
| 30 Days | -7.11% | -6.26% |
| 60 Days | -3.52% | -6.84% |
| 90 Days | 1.80% | -5.46% |
| 12 Months | 12.27% | -12.30% |
1 Overlapping Holdings
| Symbol | Grade | Weight in BOUT | Weight in HTEC | Overlap | |
|---|---|---|---|---|---|
| ISRG | C | 0.89% | 1.81% | 0.89% |
BOUT Overweight 58 Positions Relative to HTEC
| Symbol | Grade | Weight | |
|---|---|---|---|
| FTI | A | 3.47% | |
| KSPI | A | 3.34% | |
| AZEK | D | 3.2% | |
| MSDL | A | 3.17% | |
| TBBB | D | 3.16% | |
| BLDR | C | 3.16% | |
| HEAR | B | 3.15% | |
| TXRH | A | 3.14% | |
| LEN | D | 3.13% | |
| WING | A | 3.09% | |
| HUBS | B | 2.97% | |
| GPS | D | 2.84% | |
| IBKR | A | 2.8% | |
| CELH | D | 2.8% | |
| XYL | A | 2.75% | |
| JPM | B | 2.73% | |
| SAP | C | 2.72% | |
| FROG | C | 2.7% | |
| DUOL | B | 2.7% | |
| PCOR | D | 2.63% | |
| APPF | C | 2.61% | |
| IOT | C | 2.48% | |
| GOOGL | A | 1.87% | |
| GOOG | A | 1.87% | |
| CRM | D | 1.85% | |
| PCAR | D | 1.82% | |
| RCL | A | 1.81% | |
| IRM | B | 1.81% | |
| SHAK | B | 1.8% | |
| FOR | D | 1.8% | |
| AXP | A | 1.8% | |
| ERJ | A | 1.77% | |
| CROX | C | 1.72% | |
| SEMR | D | 0.93% | |
| PWR | A | 0.93% | |
| NTAP | A | 0.93% | |
| GVA | A | 0.92% | |
| ERIE | D | 0.92% | |
| URI | B | 0.91% | |
| TOL | C | 0.89% | |
| RL | C | 0.85% | |
| KNSL | D | 0.78% | |
| ELF | C | 0.76% | |
| WAB | A | 0.35% | |
| SKWD | C | 0.35% | |
| PSTG | A | 0.35% | |
| NVDA | D | 0.35% | |
| ANET | C | 0.35% | |
| WMS | C | 0.34% | |
| PLTR | C | 0.34% | |
| KKR | C | 0.34% | |
| OKTA | D | 0.33% | |
| LRN | B | 0.33% | |
| FIHL | A | 0.33% | |
| DFH | D | 0.33% | |
| ASML | D | 0.33% | |
| TREX | C | 0.32% | |
| RYAN | D | 0.32% |
BOUT Underweight 54 Positions Relative to HTEC
| Symbol | Grade | Weight | |
|---|---|---|---|
| STAA | B | -2.57% | |
| MRNA | A | -2.01% | |
| NTRA | A | -1.94% | |
| BSX | A | -1.9% | |
| TMO | C | -1.83% | |
| SYK | C | -1.83% | |
| DHR | C | -1.76% | |
| VRTX | C | -1.75% | |
| QGEN | D | -1.74% | |
| CTLT | C | -1.74% | |
| OMCL | F | -1.71% | |
| DXCM | A | -1.71% | |
| EW | C | -1.7% | |
| CRL | D | -1.68% | |
| IRTC | B | -1.67% | |
| PEN | F | -1.63% | |
| REGN | D | -1.62% | |
| IART | F | -1.61% | |
| IQV | C | -1.59% | |
| HOLX | B | -1.58% | |
| A | D | -1.58% | |
| ILMN | D | -1.56% | |
| EXAS | F | -1.56% | |
| GH | F | -1.53% | |
| FLGT | F | -1.53% | |
| ALGN | C | -1.53% | |
| INCY | F | -1.48% | |
| BIO | F | -1.47% | |
| AZTA | F | -1.46% | |
| MEDP | C | -1.42% | |
| ABT | D | -1.41% | |
| MASI | B | -1.41% | |
| BDX | F | -1.38% | |
| BMRN | D | -1.38% | |
| GEHC | C | -1.38% | |
| UTHR | A | -1.31% | |
| BMY | F | -1.28% | |
| VEEV | D | -1.27% | |
| NOVT | D | -1.26% | |
| AXGN | F | -1.25% | |
| NVCR | F | -1.2% | |
| VCYT | F | -1.16% | |
| CRSP | F | -1.12% | |
| ARWR | F | -1.11% | |
| BAX | C | -1.11% | |
| CNMD | F | -1.09% | |
| TWST | C | -1.07% | |
| GMED | D | -1.05% | |
| PRVA | F | -1.02% | |
| CDNA | F | -1.01% | |
| TDOC | F | -0.93% | |
| ALNY | F | -0.92% | |
| DNA | F | -0.92% | |
| HCAT | F | -0.71% |
BOUT: Top Represented Industries & Keywords
HTEC: Top Represented Industries & Keywords
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