LRNZ vs. BOUT ETF Comparison
Comparison of TrueMark Technology, AI & Deep Learning ETF (LRNZ) to Innovator IBD Breakout Opportunities ETF (BOUT)
LRNZ
TrueMark Technology, AI & Deep Learning ETF
LRNZ Description
LRNZ seeks to provide total return by investing in an actively managed, concentrated portfolio of companies that are significantly involved in the application of high levels of artificial intelligence. Intends to serve as a more focused alpha seeking solution to complement traditional technology-based indices Targets companies with leading-edge artificial intelligence, machine learning, or deep learning technology platforms, algorithms, or applications that we believe may provide distinct competitive advantages in an industry historically characterized by a winner-take-all consolidation behavior. Portfolio construction begins with a multi-cap investment universe comprised of secular growth companies, cyclical growth companies, and newly public companies. Actively managed by highly credentialed artificial intelligence specialist with deep field experience and robust Silicon Valley network.
Grade (RS Rating)
Last Trade
$37.16
Average Daily Volume
11,107
20
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
$34.46
Average Daily Volume
2,250
25
Performance
| Period | LRNZ | BOUT |
|---|---|---|
| 30 Days | -2.02% | -3.68% |
| 60 Days | -6.92% | -3.82% |
| 90 Days | -5.15% | 2.28% |
| 12 Months | 48.15% | 16.35% |
1 Overlapping Holdings
| Symbol | Grade | Weight in LRNZ | Weight in BOUT | Overlap | |
|---|---|---|---|---|---|
| NVO | D | 4.4% | 1.02% | 1.02% |
LRNZ Underweight 24 Positions Relative to BOUT
| Symbol | Grade | Weight | |
|---|---|---|---|
| NXPI | A | -7.48% | |
| MSDL | A | -7.09% | |
| HQY | D | -6.96% | |
| FTI | A | -6.82% | |
| NOG | B | -6.67% | |
| ALKT | A | -5.96% | |
| DVA | B | -4.64% | |
| CRS | A | -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% | |
| GOOG | A | -3.84% | |
| LPLA | A | -2.05% | |
| AZN | A | -2.04% | |
| ERJ | A | -1.99% | |
| INTU | C | -1.97% | |
| GOOGL | A | -1.92% | |
| FWRG | A | -1.09% | |
| AVAV | B | -1.03% | |
| HEI | A | -1.01% | |
| WAB | A | -0.99% |
LRNZ: Top Represented Industries & Keywords
BOUT: Top Represented Industries & Keywords
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