BOUT vs. THNQ ETF Comparison
Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to ROBO Global Artificial Intelligence ETF (THNQ)
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
$33.83
Average Daily Volume
2,300
25
THNQ
ROBO Global Artificial Intelligence ETF
THNQ Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ROBO Global® Artificial Intelligence Index. The fund will normally invest at least 80% of its total assets in securities of the index or in depositary receipts representing securities of the index. The index is designed to measure the performance of publicly-traded companies that have a significant portion of their revenue derived from the field of artificial intelligence. It is non-diversified.Grade (RS Rating)
Last Trade
$41.49
Average Daily Volume
22,715
51
Performance
| Period | BOUT | THNQ |
|---|---|---|
| 30 Days | -6.21% | -5.85% |
| 60 Days | -5.80% | -7.26% |
| 90 Days | 1.02% | -0.76% |
| 12 Months | 12.36% | 39.56% |
BOUT Overweight 21 Positions Relative to THNQ
BOUT Underweight 47 Positions Relative to THNQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSFT | C | -2.43% | |
| NVDA | C | -2.39% | |
| ADI | A | -2.33% | |
| IOT | B | -2.2% | |
| BABA | C | -2.17% | |
| NOW | D | -2.1% | |
| NET | C | -2.04% | |
| CRWD | D | -2.01% | |
| CGNX | C | -2.01% | |
| ASML | D | -1.96% | |
| AMZN | B | -1.96% | |
| PSTG | B | -1.94% | |
| LRCX | D | -1.85% | |
| ANET | D | -1.84% | |
| SHOP | D | -1.82% | |
| QCOM | C | -1.81% | |
| ADSK | F | -1.79% | |
| JD | A | -1.79% | |
| AMD | D | -1.78% | |
| FICO | D | -1.77% | |
| IBM | D | -1.76% | |
| RPD | F | -1.76% | |
| DDOG | A | -1.74% | |
| VEEV | D | -1.74% | |
| AMBA | D | -1.71% | |
| ETSY | C | -1.7% | |
| FROG | C | -1.64% | |
| TER | A | -1.62% | |
| CSGP | B | -1.6% | |
| ILMN | D | -1.58% | |
| BKNG | D | -1.56% | |
| MDB | D | -1.55% | |
| LMND | A | -1.53% | |
| CRM | D | -1.53% | |
| SNOW | D | -1.52% | |
| VRNS | D | -1.5% | |
| TSLA | C | -1.46% | |
| MELI | C | -1.44% | |
| VRSK | C | -1.43% | |
| SPOT | B | -1.42% | |
| SQ | D | -1.36% | |
| VCYT | D | -1.27% | |
| NICE | D | -1.26% | |
| DNA | F | -1.25% | |
| ACN | F | -1.24% | |
| ADBE | F | -1.18% | |
| AI | F | -0.97% |
BOUT: Top Represented Industries & Keywords
THNQ: Top Represented Industries & Keywords
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