BOUT vs. GSIB ETF Comparison

Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to Themes Global Systemically Important Banks ETF (GSIB)
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

$40.11

Average Daily Volume

2,896

Number of Holdings *

44

* may have additional holdings in another (foreign) market
GSIB

Themes Global Systemically Important Banks ETF

GSIB Description The fund is an actively managed exchange-traded fund ("ETF") that will invest in the equity securities of companies that operate in the global banking sector. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that are part of the global banking sector and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") that represent such companies in the banking sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.42

Average Daily Volume

2,391

Number of Holdings *

16

* may have additional holdings in another (foreign) market
Performance
Period BOUT GSIB
30 Days 5.31% 3.13%
60 Days 7.27% 7.18%
90 Days 8.87% 9.49%
12 Months 29.78%
1 Overlapping Holdings
Symbol Grade Weight in BOUT Weight in GSIB Overlap
MS B 4.47% 4.29% 4.29%
BOUT Overweight 43 Positions Relative to GSIB
Symbol Grade Weight
PACS F 4.48%
LBRDK C 4.44%
NEM D 4.42%
VIK B 4.39%
EXPE B 4.28%
EQIX A 4.25%
AHR A 4.24%
IDCC B 4.01%
ETN B 3.82%
SPGI D 3.81%
EQH B 3.78%
CRM B 3.73%
BAH F 3.73%
DVA C 3.71%
PGR B 3.63%
CRDO C 2.87%
VRNS D 2.61%
ULS C 2.59%
IR B 2.49%
DT D 2.49%
NMIH C 2.44%
ONON B 2.35%
COLL F 2.23%
TSM C 1.31%
TBBK B 1.28%
NOW B 1.27%
CDNA D 1.24%
SCCO F 1.22%
SN D 1.2%
TCOM B 1.14%
BEKE C 1.06%
ROAD B 0.45%
AXON A 0.43%
TPH D 0.42%
IBKR A 0.42%
CWAN B 0.42%
AVGO D 0.42%
ALKT B 0.42%
GMED A 0.41%
CORT B 0.41%
ACGL D 0.4%
PLMR A 0.39%
JD D 0.38%
BOUT Underweight 15 Positions Relative to GSIB
Symbol Grade Weight
WFC A -4.31%
BK B -4.13%
STT A -4.08%
GS B -3.99%
BAC A -3.74%
C B -3.73%
JPM B -3.72%
MUFG B -3.7%
MFG A -3.69%
BCS A -3.61%
SMFG B -3.59%
HSBC A -3.29%
SAN D -3.0%
TD D -2.89%
ING D -2.77%
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