BOUT vs. QMOM ETF Comparison
Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to MomentumShares U.S. Quantitative Momentum ETF (QMOM)
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
$33.61
Average Daily Volume
2,236
59
QMOM
MomentumShares U.S. Quantitative Momentum ETF
QMOM Description
The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. The fund will invest primarily in the exchange-listed common stock of U.S. companies. The fund may invest in securities of companies in any industry and of any market capitalization. Although the fund generally expects to invest in companies with larger market capitalizations, the fund may invest in small- and mid-capitalization companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$56.90
Average Daily Volume
17,872
50
Performance
| Period | BOUT | QMOM |
|---|---|---|
| 30 Days | -7.32% | -4.01% |
| 60 Days | -3.47% | 3.14% |
| 90 Days | 2.60% | 10.61% |
| 12 Months | 10.27% | 27.62% |
10 Overlapping Holdings
BOUT Overweight 49 Positions Relative to QMOM
| Symbol | Grade | Weight | |
|---|---|---|---|
| FTI | A | 3.47% | |
| KSPI | A | 3.34% | |
| AZEK | C | 3.2% | |
| MSDL | A | 3.17% | |
| TBBB | F | 3.16% | |
| HEAR | B | 3.15% | |
| TXRH | A | 3.14% | |
| LEN | C | 3.13% | |
| HUBS | A | 2.97% | |
| 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% | |
| IOT | C | 2.48% | |
| GOOGL | A | 1.87% | |
| GOOG | A | 1.87% | |
| CRM | D | 1.85% | |
| IRM | B | 1.81% | |
| SHAK | C | 1.8% | |
| FOR | D | 1.8% | |
| AXP | A | 1.8% | |
| ERJ | B | 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% | |
| ISRG | D | 0.89% | |
| RL | C | 0.85% | |
| WAB | A | 0.35% | |
| SKWD | A | 0.35% | |
| PSTG | B | 0.35% | |
| NVDA | B | 0.35% | |
| ANET | D | 0.35% | |
| WMS | D | 0.34% | |
| PLTR | D | 0.34% | |
| OKTA | D | 0.33% | |
| LRN | D | 0.33% | |
| FIHL | A | 0.33% | |
| DFH | C | 0.33% | |
| ASML | D | 0.33% | |
| TREX | C | 0.32% | |
| RYAN | C | 0.32% |
BOUT Underweight 40 Positions Relative to QMOM
| Symbol | Grade | Weight | |
|---|---|---|---|
| SPOT | A | -2.36% | |
| NRG | B | -2.33% | |
| AMR | D | -2.31% | |
| DDOG | B | -2.16% | |
| TDG | A | -2.1% | |
| ETN | A | -2.1% | |
| CEG | A | -2.09% | |
| MLM | B | -2.06% | |
| SFM | A | -2.05% | |
| JBL | F | -2.05% | |
| NTNX | D | -2.05% | |
| ARES | A | -2.05% | |
| VST | A | -2.04% | |
| LLY | D | -2.03% | |
| WFRD | A | -2.02% | |
| BAH | B | -2.02% | |
| MEDP | B | -2.01% | |
| THC | A | -2.01% | |
| CSL | A | -2.01% | |
| CNM | A | -2.01% | |
| IR | D | -2.01% | |
| FIX | A | -2.0% | |
| SAIA | D | -1.98% | |
| LII | B | -1.98% | |
| NOW | D | -1.98% | |
| APO | B | -1.98% | |
| ANF | C | -1.97% | |
| UBER | D | -1.97% | |
| BRBR | C | -1.94% | |
| MANH | D | -1.94% | |
| EXP | C | -1.94% | |
| PHM | B | -1.93% | |
| STNE | C | -1.92% | |
| CRWD | D | -1.92% | |
| KBH | C | -1.89% | |
| FICO | C | -1.89% | |
| GE | A | -1.89% | |
| URBN | C | -1.88% | |
| AEO | C | -1.88% | |
| DECK | C | -1.82% |
BOUT: Top Represented Industries & Keywords
QMOM: Top Represented Industries & Keywords
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