BOUT vs. LSAT ETF Comparison
Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to LeaderShares AlphaFactor Tactical Focused ETF (LSAT)
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
$39.06
Average Daily Volume
2,884
44
LSAT
LeaderShares AlphaFactor Tactical Focused ETF
LSAT Description
The investment seeks to generate long term capital growth. The fund will typically be invested in a diversified portfolio of equity securities, or investments that are economically tied to equity securities (i.e., derivatives) such as equity options, of companies with market capitalizations of at least $1 billion at the time of initial purchase. It may focus its investments in a particular sector, industry or group of industries. The fund may utilize derivatives, such as equity options and total return swap agreements, to seek to achieve its objective and for hedging purposes.Grade (RS Rating)
Last Trade
$42.11
Average Daily Volume
9,408
30
Performance
| Period | BOUT | LSAT |
|---|---|---|
| 30 Days | 4.34% | 0.86% |
| 60 Days | 6.97% | 2.81% |
| 90 Days | 8.38% | 5.14% |
| 12 Months | 29.00% | 30.05% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BOUT | Weight in LSAT | Overlap |
|---|
BOUT Overweight 44 Positions Relative to LSAT
| Symbol | Grade | Weight | |
|---|---|---|---|
| PACS | F | 4.48% | |
| MS | A | 4.47% | |
| LBRDK | C | 4.44% | |
| NEM | D | 4.42% | |
| VIK | A | 4.39% | |
| EXPE | B | 4.28% | |
| EQIX | A | 4.25% | |
| AHR | A | 4.24% | |
| IDCC | A | 4.01% | |
| ETN | B | 3.82% | |
| SPGI | D | 3.81% | |
| EQH | B | 3.78% | |
| CRM | B | 3.73% | |
| BAH | D | 3.73% | |
| DVA | C | 3.71% | |
| PGR | B | 3.63% | |
| CRDO | B | 2.87% | |
| VRNS | D | 2.61% | |
| ULS | C | 2.59% | |
| IR | B | 2.49% | |
| DT | C | 2.49% | |
| NMIH | D | 2.44% | |
| ONON | A | 2.35% | |
| COLL | F | 2.23% | |
| TSM | B | 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 | A | 0.45% | |
| AXON | A | 0.43% | |
| TPH | D | 0.42% | |
| IBKR | A | 0.42% | |
| CWAN | B | 0.42% | |
| AVGO | C | 0.42% | |
| ALKT | B | 0.42% | |
| GMED | A | 0.41% | |
| CORT | C | 0.41% | |
| ACGL | D | 0.4% | |
| PLMR | A | 0.39% | |
| JD | D | 0.38% |
BOUT Underweight 30 Positions Relative to LSAT
| Symbol | Grade | Weight | |
|---|---|---|---|
| JEF | A | -3.91% | |
| TNL | B | -3.82% | |
| VST | A | -3.78% | |
| FOX | A | -3.73% | |
| BMY | A | -3.72% | |
| MAR | B | -3.7% | |
| PPC | B | -3.62% | |
| SRE | A | -3.55% | |
| HLT | A | -3.54% | |
| LH | B | -3.5% | |
| CMCSA | B | -3.41% | |
| VLO | C | -3.39% | |
| ADTN | A | -3.37% | |
| NXST | C | -3.27% | |
| SPB | C | -3.25% | |
| TDC | D | -3.19% | |
| MPC | D | -3.19% | |
| DKS | D | -3.14% | |
| MTG | D | -3.14% | |
| EBAY | D | -3.12% | |
| DINO | D | -3.12% | |
| DE | C | -3.1% | |
| JNJ | D | -3.08% | |
| POST | D | -3.06% | |
| DD | D | -3.06% | |
| HRB | D | -3.03% | |
| EXPD | D | -3.01% | |
| NSA | C | -2.86% | |
| ARW | F | -2.83% | |
| CNC | F | -2.56% |
BOUT: Top Represented Industries & Keywords
LSAT: Top Represented Industries & Keywords
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