BOUT vs. RDVY ETF Comparison
Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to First Trust NASDAQ Rising Dividend Achievers ETF (RDVY)
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
$40.67
Average Daily Volume
3,050
44
RDVY
First Trust NASDAQ Rising Dividend Achievers ETF
RDVY Description
The investment seeks investment results that correspond generally to the price and yield (before the fees and expenses) of the NASDAQ US Rising Dividend Achievers Index. The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in securities that comprise the index. The index is composed of the securities of 50 companies with a history of raising their dividends and exhibit the characteristics to continue to do so in the future. The index is designed to provide access to a diversified portfolio of small, mid and large capitalization income producing securities. The fund is non-diversified.Grade (RS Rating)
Last Trade
$63.72
Average Daily Volume
677,704
49
Performance
| Period | BOUT | RDVY |
|---|---|---|
| 30 Days | 10.23% | 7.44% |
| 60 Days | 10.93% | 8.36% |
| 90 Days | 11.26% | 10.15% |
| 12 Months | 34.57% | 35.80% |
1 Overlapping Holdings
| Symbol | Grade | Weight in BOUT | Weight in RDVY | Overlap | |
|---|---|---|---|---|---|
| EQH | B | 3.78% | 2.12% | 2.12% |
BOUT Overweight 43 Positions Relative to RDVY
| Symbol | Grade | Weight | |
|---|---|---|---|
| PACS | F | 4.48% | |
| MS | A | 4.47% | |
| LBRDK | C | 4.44% | |
| NEM | D | 4.42% | |
| VIK | B | 4.39% | |
| EXPE | B | 4.28% | |
| EQIX | A | 4.25% | |
| AHR | A | 4.24% | |
| IDCC | A | 4.01% | |
| ETN | A | 3.82% | |
| SPGI | C | 3.81% | |
| CRM | B | 3.73% | |
| BAH | F | 3.73% | |
| DVA | B | 3.71% | |
| PGR | A | 3.63% | |
| CRDO | B | 2.87% | |
| VRNS | D | 2.61% | |
| ULS | B | 2.59% | |
| IR | B | 2.49% | |
| DT | C | 2.49% | |
| NMIH | D | 2.44% | |
| ONON | A | 2.35% | |
| COLL | F | 2.23% | |
| TSM | B | 1.31% | |
| TBBK | B | 1.28% | |
| NOW | A | 1.27% | |
| CDNA | D | 1.24% | |
| SCCO | F | 1.22% | |
| SN | D | 1.2% | |
| TCOM | B | 1.14% | |
| BEKE | D | 1.06% | |
| ROAD | A | 0.45% | |
| AXON | A | 0.43% | |
| TPH | D | 0.42% | |
| IBKR | A | 0.42% | |
| CWAN | B | 0.42% | |
| AVGO | D | 0.42% | |
| ALKT | B | 0.42% | |
| GMED | A | 0.41% | |
| CORT | B | 0.41% | |
| ACGL | D | 0.4% | |
| PLMR | B | 0.39% | |
| JD | D | 0.38% |
BOUT Underweight 48 Positions Relative to RDVY
| Symbol | Grade | Weight | |
|---|---|---|---|
| SYF | B | -2.41% | |
| SNA | A | -2.37% | |
| EWBC | A | -2.35% | |
| MLI | C | -2.33% | |
| GRMN | B | -2.32% | |
| DFS | B | -2.29% | |
| COF | B | -2.25% | |
| MTB | A | -2.23% | |
| PCAR | B | -2.18% | |
| STLD | B | -2.16% | |
| ODFL | B | -2.16% | |
| JPM | A | -2.15% | |
| BAC | A | -2.14% | |
| RF | A | -2.13% | |
| CSCO | B | -2.09% | |
| JXN | C | -2.09% | |
| RS | B | -2.07% | |
| CRC | B | -2.07% | |
| FITB | A | -2.05% | |
| SLM | A | -2.04% | |
| V | A | -2.03% | |
| ACN | C | -2.02% | |
| AXP | A | -2.01% | |
| EOG | A | -2.01% | |
| CTSH | B | -2.0% | |
| MA | C | -1.98% | |
| CF | B | -1.97% | |
| XOM | B | -1.96% | |
| MGY | A | -1.96% | |
| OMC | C | -1.93% | |
| AFL | B | -1.91% | |
| AAPL | C | -1.88% | |
| NUE | C | -1.88% | |
| HIG | B | -1.88% | |
| CB | C | -1.85% | |
| RDN | C | -1.84% | |
| MSFT | F | -1.84% | |
| AMAT | F | -1.82% | |
| MTG | C | -1.82% | |
| QCOM | F | -1.82% | |
| LRCX | F | -1.81% | |
| IPG | D | -1.76% | |
| LEN | D | -1.75% | |
| WSM | B | -1.65% | |
| NKE | D | -1.64% | |
| DHI | D | -1.6% | |
| KLAC | D | -1.59% | |
| ELV | F | -1.41% |
BOUT: Top Represented Industries & Keywords
RDVY: Top Represented Industries & Keywords
Compare ETFs
