BOUT vs. BOTT ETF Comparison
Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to Themes Robotics & Automation ETF (BOTT)
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
$39.38
Average Daily Volume
2,753
44
BOTT
Themes Robotics & Automation ETF
BOTT Description
BOTT aims to track an index consisting of companies specializing in robotics and automation solutions for industrial use. This includes sectors like factory automation equipment, semiconductors, programmable logic and industrial machine parts. To be considered for inclusion, companies must adhere to several criteria, such as being listed on an exchange in a developed country, meeting minimum market capitalization and average daily value traded thresholds, and having a significant portion of their revenue tied to robotics and automation. The selection process considers factors like positive total return over the past 12 months and market capitalization ranking, resulting in the top 30 firms being included in the index. These companies, equally weighted, represent a mix of mid-sized to large corporations, with a cap of nine companies per industry to ensure diversity. Furthermore, the index undergoes review and adjustment every quarter, taking place on the first Fridays of January, April, July, and October.Grade (RS Rating)
Last Trade
$27.40
Average Daily Volume
284
17
Performance
| Period | BOUT | BOTT |
|---|---|---|
| 30 Days | 6.77% | -3.01% |
| 60 Days | 10.13% | 3.36% |
| 90 Days | 10.98% | 3.46% |
| 12 Months | 32.61% |
1 Overlapping Holdings
| Symbol | Grade | Weight in BOUT | Weight in BOTT | Overlap | |
|---|---|---|---|---|---|
| CRDO | B | 2.87% | 4.71% | 2.87% |
BOUT Overweight 43 Positions Relative to BOTT
| Symbol | Grade | Weight | |
|---|---|---|---|
| PACS | F | 4.48% | |
| MS | A | 4.47% | |
| LBRDK | C | 4.44% | |
| NEM | F | 4.42% | |
| VIK | A | 4.39% | |
| EXPE | B | 4.28% | |
| EQIX | B | 4.25% | |
| AHR | B | 4.24% | |
| IDCC | B | 4.01% | |
| ETN | A | 3.82% | |
| SPGI | C | 3.81% | |
| EQH | B | 3.78% | |
| CRM | B | 3.73% | |
| BAH | C | 3.73% | |
| DVA | C | 3.71% | |
| PGR | A | 3.63% | |
| VRNS | D | 2.61% | |
| ULS | C | 2.59% | |
| IR | A | 2.49% | |
| DT | C | 2.49% | |
| NMIH | C | 2.44% | |
| ONON | B | 2.35% | |
| COLL | F | 2.23% | |
| TSM | C | 1.31% | |
| TBBK | B | 1.28% | |
| NOW | A | 1.27% | |
| CDNA | D | 1.24% | |
| SCCO | F | 1.22% | |
| SN | C | 1.2% | |
| TCOM | C | 1.14% | |
| BEKE | C | 1.06% | |
| ROAD | B | 0.45% | |
| AXON | B | 0.43% | |
| TPH | D | 0.42% | |
| IBKR | A | 0.42% | |
| CWAN | B | 0.42% | |
| AVGO | C | 0.42% | |
| ALKT | B | 0.42% | |
| GMED | B | 0.41% | |
| CORT | B | 0.41% | |
| ACGL | D | 0.4% | |
| PLMR | C | 0.39% | |
| JD | C | 0.38% |
BOUT: Top Represented Industries & Keywords
BOTT: Top Represented Industries & Keywords
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