PSCE vs. BOUT ETF Comparison
Comparison of PowerShares S&P SmallCap Energy Portfolio (PSCE) to Innovator IBD Breakout Opportunities ETF (BOUT)
PSCE
PowerShares S&P SmallCap Energy Portfolio
PSCE Description
The PowerShares S&P SmallCap Energy Portfolio (Fund) is based on the S&P SmallCap 600® Capped Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US energy companies. These companies are principally engaged in the business of producing, distributing or servicing energy related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil based energy. The Index is a subset of the S&P SmallCap 600® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.
Grade (RS Rating)
Last Trade
$55.13
Average Daily Volume
37,852
26
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
$35.48
Average Daily Volume
2,468
25
Performance
| Period | PSCE | BOUT |
|---|---|---|
| 30 Days | 0.82% | 7.27% |
| 60 Days | 3.29% | 1.01% |
| 90 Days | 6.91% | 2.62% |
| 12 Months | 28.60% | 19.66% |
1 Overlapping Holdings
| Symbol | Grade | Weight in PSCE | Weight in BOUT | Overlap | |
|---|---|---|---|---|---|
| NOG | C | 6.51% | 6.67% | 6.51% |
PSCE Overweight 25 Positions Relative to BOUT
| Symbol | Grade | Weight | |
|---|---|---|---|
| SM | D | 10.34% | |
| MGY | C | 8.46% | |
| HP | F | 6.71% | |
| PTEN | F | 6.11% | |
| LBRT | B | 5.84% | |
| AROC | C | 5.04% | |
| CRC | F | 4.66% | |
| OII | C | 4.32% | |
| CEIX | D | 4.19% | |
| BTU | F | 3.63% | |
| TALO | F | 3.16% | |
| HLX | B | 3.0% | |
| PARR | F | 2.97% | |
| LPG | C | 2.74% | |
| GPRE | F | 2.31% | |
| SLCA | C | 2.2% | |
| CRK | C | 1.71% | |
| REX | C | 1.62% | |
| CVI | F | 1.57% | |
| PUMP | C | 1.47% | |
| VTOL | B | 1.42% | |
| CLB | D | 1.41% | |
| DRQ | F | 1.21% | |
| NBR | F | 1.2% | |
| RES | F | 1.05% |
PSCE Underweight 24 Positions Relative to BOUT
| Symbol | Grade | Weight | |
|---|---|---|---|
| NXPI | A | -7.48% | |
| MSDL | C | -7.09% | |
| HQY | D | -6.96% | |
| FTI | B | -6.82% | |
| ALKT | C | -5.96% | |
| DVA | C | -4.64% | |
| CRS | A | -4.5% | |
| IRM | A | -4.37% | |
| XYL | A | -4.31% | |
| BCSF | C | -4.07% | |
| PANW | C | -4.03% | |
| IBKR | B | -4.01% | |
| HUBS | D | -3.88% | |
| GOOG | B | -3.84% | |
| LPLA | C | -2.05% | |
| AZN | B | -2.04% | |
| ERJ | A | -1.99% | |
| INTU | C | -1.97% | |
| GOOGL | B | -1.92% | |
| FWRG | F | -1.09% | |
| AVAV | B | -1.03% | |
| NVO | B | -1.02% | |
| HEI | B | -1.01% | |
| WAB | A | -0.99% |
PSCE: Top Represented Industries & Keywords
BOUT: Top Represented Industries & Keywords
Compare ETFs
