FFTY vs. IWO ETF Comparison
Comparison of Innovator IBD 50 Fund ETF (FFTY) to iShares Russell 2000 Growth ETF (IWO)
FFTY
Innovator IBD 50 Fund ETF
FFTY Description
The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in companies included in the IBD® 50 Index. It is actively managed. Under normal circumstances, the fund will invest in a portfolio of U.S.-listed, exchange-traded equities. FFTY picks 50 leading growth companies that trade on US exchanges, potentially including ADRs. After screening out securities with extreme recent price movements, the universe is ranked by a composite of 11 different fundamental and technical metrics. The top 50 stocks are weighted in tiers, with more weight given to higher-ranking companies. Components of the index are reviewed on a weekly basis. Based on market-wide technical signals, FFTY may substitute half of its equity portfolio with Treasury bills. The index will remain half equity, half T-bills until a reversal signal occurs. Its worth noting that the funds high-turnover strategy could lead to poor tracking and/or taxable capital gains payouts.
Grade (RS Rating)
Last Trade
$30.77
Average Daily Volume
71,637
50
IWO
iShares Russell 2000 Growth ETF
IWO Description
The investment seeks to track the investment results of an index composed of small-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell 2000 Growth Index (the "underlying index"), which measures the performance of the small-capitalization growth sector of the U.S. equity market.Grade (RS Rating)
Last Trade
$305.80
Average Daily Volume
372,701
10
Performance
Period | FFTY | IWO |
---|---|---|
30 Days | 7.30% | 4.11% |
60 Days | 10.56% | 5.62% |
90 Days | 14.64% | 9.62% |
12 Months | 32.98% | 35.45% |
FFTY Overweight 48 Positions Relative to IWO
Symbol | Grade | Weight | |
---|---|---|---|
HIMS | C | 3.77% | |
POWL | C | 3.6% | |
NVDA | A | 3.59% | |
VRT | A | 3.58% | |
STRL | B | 3.57% | |
FIX | A | 3.52% | |
PLTR | B | 3.47% | |
ATAT | C | 3.46% | |
DOCS | C | 3.28% | |
ARM | F | 3.22% | |
CLS | A | 3.21% | |
YOU | D | 3.09% | |
NTRA | A | 3.05% | |
BWIN | C | 3.0% | |
ANET | D | 3.0% | |
EME | A | 2.99% | |
HROW | D | 2.95% | |
DUOL | A | 2.92% | |
BGNE | D | 2.79% | |
ADMA | B | 2.77% | |
IOT | A | 2.07% | |
MNDY | D | 2.05% | |
CWAN | B | 2.03% | |
RCL | A | 2.01% | |
RYAN | B | 1.99% | |
IBKR | A | 1.99% | |
AXON | A | 1.99% | |
ONON | B | 1.92% | |
AFRM | A | 1.12% | |
TT | A | 1.0% | |
MELI | C | 1.0% | |
VITL | D | 0.99% | |
TW | A | 0.99% | |
NOW | B | 0.99% | |
FOUR | A | 0.99% | |
TVTX | C | 0.98% | |
HWM | A | 0.97% | |
NFLX | A | 0.96% | |
PACS | F | 0.51% | |
KVYO | D | 0.51% | |
FTNT | B | 0.51% | |
ALNY | D | 0.51% | |
AGX | B | 0.5% | |
DY | D | 0.49% | |
DECK | A | 0.49% | |
AMSC | C | 0.49% | |
TOST | A | 0.48% | |
ZETA | D | 0.46% |
FFTY: Top Represented Industries & Keywords
IWO: Top Represented Industries & Keywords