BOUT vs. OIH ETF Comparison
Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to Market Vectors Oil Services ETF (OIH)
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
$34.61
Average Daily Volume
2,363
43
OIH
Market Vectors Oil Services ETF
OIH Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® US Listed Oil Services 25 Index (the "Oil Services Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Oil Services Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the oil services industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.Grade (RS Rating)
Last Trade
$305.34
Average Daily Volume
359,187
24
Performance
| Period | BOUT | OIH |
|---|---|---|
| 30 Days | -2.31% | -3.72% |
| 60 Days | 4.77% | -5.32% |
| 90 Days | -4.58% | -7.95% |
| 12 Months | 13.00% | 14.42% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BOUT | Weight in OIH | Overlap |
|---|
BOUT Overweight 43 Positions Relative to OIH
| Symbol | Grade | Weight | |
|---|---|---|---|
| LOAR | D | 4.48% | |
| VIK | D | 4.38% | |
| CTRI | D | 4.37% | |
| PACS | B | 4.36% | |
| ONON | B | 4.32% | |
| PAL | C | 4.29% | |
| MSDL | A | 4.28% | |
| AHR | B | 4.28% | |
| MPWR | B | 3.87% | |
| KLAC | B | 3.87% | |
| OLED | A | 3.83% | |
| ISRG | A | 3.76% | |
| QRVO | B | 3.75% | |
| SPB | B | 3.72% | |
| NXPI | B | 3.72% | |
| IDCC | A | 3.71% | |
| AMGN | B | 2.52% | |
| RSG | B | 2.5% | |
| RL | B | 2.49% | |
| PSTG | B | 2.48% | |
| IBKR | B | 2.44% | |
| GOOGL | A | 2.44% | |
| DDOG | C | 2.42% | |
| ERJ | B | 2.4% | |
| BKNG | A | 1.35% | |
| KSPI | B | 1.25% | |
| GMED | B | 1.25% | |
| AVAV | C | 1.25% | |
| ATGE | B | 1.25% | |
| NVO | A | 1.22% | |
| ANF | B | 1.22% | |
| AZN | B | 1.21% | |
| PLTR | C | 0.49% | |
| ARM | B | 0.49% | |
| FN | B | 0.48% | |
| NFLX | A | 0.47% | |
| UBS | B | 0.46% | |
| DECK | B | 0.46% | |
| PINS | B | 0.45% | |
| HALO | B | 0.45% | |
| CRWD | B | 0.44% | |
| PDD | C | 0.43% | |
| AMSC | B | 0.43% |
BOUT Underweight 24 Positions Relative to OIH
| Symbol | Grade | Weight | |
|---|---|---|---|
| SLB | D | -18.0% | |
| HAL | D | -10.17% | |
| BKR | C | -9.84% | |
| WFRD | C | -5.56% | |
| FTI | C | -5.2% | |
| VAL | B | -5.03% | |
| NOV | D | -4.8% | |
| CHX | C | -4.54% | |
| RIG | F | -4.49% | |
| TS | F | -4.22% | |
| WHD | C | -3.9% | |
| PTEN | F | -3.81% | |
| HP | F | -2.66% | |
| LBRT | D | -2.39% | |
| OII | D | -2.26% | |
| XPRO | B | -1.74% | |
| HLX | C | -1.4% | |
| WTTR | B | -1.26% | |
| SLCA | B | -1.02% | |
| RES | F | -0.92% | |
| NBR | D | -0.58% | |
| CLB | B | -0.58% | |
| PUMP | F | -0.53% | |
| DRQ | D | -0.45% |
BOUT: Top Represented Industries & Keywords
OIH: Top Represented Industries & Keywords
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