BOUT vs. PSCM ETF Comparison
Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to PowerShares S&P SmallCap Materials Portfolio (PSCM)
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
$33.41
Average Daily Volume
2,194
59
PSCM
PowerShares S&P SmallCap Materials Portfolio
PSCM Description
The PowerShares S&P SmallCap Materials Portfolio (Fund) is based on the S&P SmallCap 600® Capped Materials Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals. The Index is a subset of the S&P SmallCap 600® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$73.94
Average Daily Volume
1,344
31
Performance
| Period | BOUT | PSCM |
|---|---|---|
| 30 Days | -7.23% | -0.95% |
| 60 Days | -4.07% | -0.43% |
| 90 Days | 1.18% | 5.44% |
| 12 Months | 10.91% | 17.01% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BOUT | Weight in PSCM | Overlap |
|---|
BOUT Overweight 59 Positions Relative to PSCM
| 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 | C | 3.13% | |
| WING | A | 3.09% | |
| HUBS | A | 2.97% | |
| GPS | D | 2.84% | |
| IBKR | A | 2.8% | |
| CELH | D | 2.8% | |
| XYL | A | 2.75% | |
| JPM | B | 2.73% | |
| SAP | B | 2.72% | |
| FROG | C | 2.7% | |
| DUOL | B | 2.7% | |
| PCOR | D | 2.63% | |
| APPF | D | 2.61% | |
| IOT | B | 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 | C | 1.8% | |
| FOR | D | 1.8% | |
| AXP | A | 1.8% | |
| ERJ | A | 1.77% | |
| CROX | C | 1.72% | |
| SEMR | B | 0.93% | |
| PWR | A | 0.93% | |
| NTAP | B | 0.93% | |
| GVA | A | 0.92% | |
| ERIE | C | 0.92% | |
| URI | C | 0.91% | |
| TOL | B | 0.89% | |
| ISRG | D | 0.89% | |
| RL | C | 0.85% | |
| KNSL | C | 0.78% | |
| ELF | C | 0.76% | |
| WAB | A | 0.35% | |
| SKWD | B | 0.35% | |
| PSTG | B | 0.35% | |
| NVDA | D | 0.35% | |
| ANET | D | 0.35% | |
| WMS | C | 0.34% | |
| PLTR | D | 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 | D | 0.32% | |
| RYAN | C | 0.32% |
BOUT Underweight 31 Positions Relative to PSCM
| Symbol | Grade | Weight | |
|---|---|---|---|
| ATI | B | -9.57% | |
| BCPC | D | -6.95% | |
| SEE | F | -6.8% | |
| FUL | D | -6.04% | |
| AMR | D | -5.64% | |
| CRS | A | -5.17% | |
| HCC | A | -4.77% | |
| IOSP | C | -4.47% | |
| SXT | A | -4.31% | |
| ARCH | D | -4.26% | |
| KWR | D | -3.93% | |
| MTRN | D | -3.82% | |
| OI | F | -3.5% | |
| MTX | C | -3.46% | |
| SLVM | A | -3.01% | |
| SCL | C | -2.61% | |
| NGVT | B | -2.24% | |
| HWKN | A | -2.17% | |
| KALU | B | -2.09% | |
| KOP | B | -1.71% | |
| WS | B | -1.48% | |
| MATV | A | -1.4% | |
| CENX | B | -1.36% | |
| SXC | D | -1.31% | |
| MYE | A | -1.16% | |
| HAYN | A | -1.14% | |
| ASIX | F | -1.08% | |
| ZEUS | B | -0.99% | |
| CLW | A | -0.98% | |
| CMP | F | -0.69% | |
| MERC | A | -0.6% |
BOUT: Top Represented Industries & Keywords
PSCM: Top Represented Industries & Keywords
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