BOUT vs. SEIQ ETF Comparison

Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to SEI Enhanced U.S. Large Cap Quality Factor ETF (SEIQ)
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

$34.85

Average Daily Volume

2,261

Number of Holdings *

25

* may have additional holdings in another (foreign) market
SEIQ

SEI Enhanced U.S. Large Cap Quality Factor ETF

SEIQ Description SEI Enhanced U.S. Large Cap Quality Factor ETF is an exchange traded fund launched and managed by SEI Investments Management Corporation. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. It employs quantitative analysis to create its portfolio. SEI Enhanced U.S. Large Cap Quality Factor ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$31.29

Average Daily Volume

5,968

Number of Holdings *

52

* may have additional holdings in another (foreign) market
Performance
Period BOUT SEIQ
30 Days -2.03% 0.02%
60 Days -2.56% 0.02%
90 Days 4.16% -0.08%
12 Months 16.04% 14.99%
2 Overlapping Holdings
Symbol Grade Weight in BOUT Weight in SEIQ Overlap
GOOG B 3.84% 0.33% 0.33%
GOOGL B 1.92% 7.07% 1.92%
BOUT Overweight 23 Positions Relative to SEIQ
Symbol Grade Weight
NXPI A 7.48%
MSDL A 7.09%
HQY D 6.96%
FTI B 6.82%
NOG B 6.67%
ALKT B 5.96%
DVA B 4.64%
CRS B 4.5%
IRM D 4.37%
XYL A 4.31%
BCSF A 4.07%
PANW B 4.03%
IBKR A 4.01%
HUBS D 3.88%
LPLA A 2.05%
AZN A 2.04%
ERJ A 1.99%
INTU D 1.97%
FWRG B 1.09%
AVAV B 1.03%
NVO D 1.02%
HEI A 1.01%
WAB B 0.99%
BOUT Underweight 50 Positions Relative to SEIQ
Symbol Grade Weight
MSFT C -9.38%
AAPL B -7.59%
V D -3.1%
ORLY D -3.07%
CDNS D -3.02%
MA D -3.02%
BKNG C -2.67%
JNJ F -2.59%
NVR D -2.51%
FAST D -2.38%
PM B -2.32%
CL A -2.32%
ADBE D -2.24%
YUM C -2.2%
MO A -2.09%
KO A -1.98%
DPZ B -1.93%
VRSK C -1.93%
AVGO C -1.88%
PAYX D -1.87%
MTD D -1.86%
MCO C -1.85%
FICO C -1.84%
VRTX D -1.81%
MSCI D -1.76%
VRSN F -1.74%
FDS D -1.72%
PG A -1.52%
EA D -1.52%
HOLX C -1.41%
MANH D -1.41%
MRK B -1.39%
QCOM A -1.28%
MCD F -1.19%
META D -1.04%
CSCO F -0.92%
BMY F -0.9%
ITW F -0.82%
RHI F -0.8%
HRB C -0.77%
TXN A -0.67%
PEP B -0.63%
ADSK D -0.61%
ULTA F -0.56%
DLB D -0.55%
MNST D -0.51%
AMZN A -0.47%
AZO D -0.3%
HD D -0.19%
ABBV D -0.13%
Compare ETFs