GRPZ vs. BOUT ETF Comparison
Comparison of Invesco Exchange-Traded Fund Trust II Invesco S&P SmallCap 600 GARP ETF (GRPZ) to Innovator IBD Breakout Opportunities ETF (BOUT)
GRPZ
Invesco Exchange-Traded Fund Trust II Invesco S&P SmallCap 600 GARP ETF
GRPZ Description
The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is designed to track the performance of approximately 90 growth stocks in the S&P SmallCap 600® Index with relatively high quality and value composite scores. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$25.26
Average Daily Volume
1,118
Number of Holdings
*
85
* may have additional holdings in another (foreign) market
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
$36.60
Average Daily Volume
1,959
Number of Holdings
*
44
* may have additional holdings in another (foreign) market
Performance
Period | GRPZ | BOUT |
---|---|---|
30 Days | -2.34% | 0.82% |
60 Days | -4.22% | -0.10% |
90 Days | -0.45% | 6.02% |
12 Months | 27.12% |
GRPZ Overweight 81 Positions Relative to BOUT
Symbol | Grade | Weight | |
---|---|---|---|
CALM | B | 2.59% | |
CPRX | A | 1.97% | |
CCOI | B | 1.96% | |
CEIX | A | 1.81% | |
AMPH | B | 1.79% | |
MARA | C | 1.7% | |
MCRI | A | 1.61% | |
STBA | D | 1.58% | |
GRBK | D | 1.55% | |
NOG | F | 1.48% | |
IPAR | F | 1.48% | |
HCC | A | 1.47% | |
RES | F | 1.44% | |
XPEL | F | 1.42% | |
CASH | B | 1.41% | |
FBP | D | 1.38% | |
GPI | C | 1.37% | |
SHOO | D | 1.37% | |
GIII | B | 1.33% | |
MLI | A | 1.3% | |
CVI | F | 1.29% | |
LQDT | D | 1.27% | |
GMS | C | 1.25% | |
BOOT | D | 1.25% | |
PFBC | A | 1.25% | |
EPAC | A | 1.25% | |
AGYS | C | 1.2% | |
RUSHA | A | 1.18% | |
PRG | D | 1.18% | |
MGY | C | 1.17% | |
SIG | C | 1.16% | |
HCI | B | 1.15% | |
HWKN | D | 1.15% | |
APOG | B | 1.14% | |
CVCO | D | 1.12% | |
AMR | F | 1.12% | |
ETD | F | 1.12% | |
BANF | B | 1.12% | |
AWI | A | 1.11% | |
HLIT | F | 1.1% | |
ALKS | F | 1.1% | |
HRMY | F | 1.08% | |
LBRT | F | 1.08% | |
IBP | F | 1.07% | |
HSII | A | 1.07% | |
AX | A | 1.07% | |
BFH | D | 1.06% | |
CATY | A | 1.06% | |
DY | C | 1.03% | |
ABG | D | 1.02% | |
WNC | F | 1.02% | |
SLVM | B | 1.02% | |
SM | F | 1.01% | |
CRVL | D | 1.0% | |
LRN | A | 0.99% | |
OFG | C | 0.99% | |
ACLS | F | 0.97% | |
HP | C | 0.97% | |
WT | B | 0.97% | |
SPNT | D | 0.96% | |
PARR | F | 0.95% | |
WABC | B | 0.95% | |
LPG | F | 0.95% | |
CUBI | D | 0.94% | |
MATX | A | 0.93% | |
BMI | D | 0.93% | |
ARCH | B | 0.92% | |
GES | F | 0.91% | |
LZB | D | 0.9% | |
GDEN | F | 0.9% | |
SXI | A | 0.9% | |
AMN | F | 0.85% | |
PLAB | F | 0.84% | |
SANM | A | 0.84% | |
WOR | F | 0.83% | |
TWI | F | 0.8% | |
OTTR | D | 0.75% | |
DNOW | F | 0.72% | |
DIOD | F | 0.71% | |
CAL | F | 0.7% | |
MYRG | B | 0.69% |
GRPZ Underweight 40 Positions Relative to BOUT
Symbol | Grade | Weight | |
---|---|---|---|
PACS | A | -4.48% | |
MS | B | -4.47% | |
LBRDK | A | -4.44% | |
NEM | D | -4.42% | |
VIK | A | -4.39% | |
EXPE | B | -4.28% | |
EQIX | A | -4.25% | |
AHR | A | -4.24% | |
ETN | B | -3.82% | |
SPGI | D | -3.81% | |
EQH | A | -3.78% | |
CRM | B | -3.73% | |
BAH | A | -3.73% | |
DVA | D | -3.71% | |
PGR | D | -3.63% | |
CRDO | B | -2.87% | |
VRNS | C | -2.61% | |
ULS | B | -2.59% | |
IR | B | -2.49% | |
DT | B | -2.49% | |
NMIH | D | -2.44% | |
ONON | C | -2.35% | |
TSM | B | -1.31% | |
NOW | B | -1.27% | |
CDNA | D | -1.24% | |
SCCO | B | -1.22% | |
SN | C | -1.2% | |
TCOM | A | -1.14% | |
BEKE | A | -1.06% | |
ROAD | B | -0.45% | |
AXON | B | -0.43% | |
TPH | D | -0.42% | |
IBKR | A | -0.42% | |
CWAN | B | -0.42% | |
AVGO | B | -0.42% | |
ALKT | B | -0.42% | |
GMED | B | -0.41% | |
CORT | A | -0.41% | |
ACGL | D | -0.4% | |
JD | A | -0.38% |
GRPZ: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
Building Materials
Coal
Oil & Gas E&P
Auto & Truck Dealerships
Drug Manufacturers - Specialty & Generic
Oil & Gas Equipment & Services
Apparel Stores
Biotechnology
Diversified Industrials
Engineering & Construction
Footwear & Accessories
Home Furnishings & Fixtures
Insurance - Property & Casualty
Savings & Cooperative Banks
Semiconductor Equipment & Materials
Shipping & Ports
Telecom Services
Apparel Manufacturing
Asset Management
BOUT: Top Represented Industries & Keywords
Industries:
Software - Application
Capital Markets
Insurance - Property & Casualty
Insurance - Diversified
Leisure
Semiconductors
Aerospace & Defense
Apparel Retail
Banks - Regional - US
Biotechnology
Business Services
Communication Equipment
Copper
Diagnostics & Research
Diversified Industrials
Drug Manufacturers - Specialty & Generic
Engineering & Construction
Furnishings, Fixtures & Appliances
Gold
Medical Care