BOUT vs. REIT ETF Comparison
Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to ALPS Active REIT ETF (REIT)
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
44
REIT
ALPS Active REIT ETF
REIT Description
The investment seeks total return through dividends and capital appreciation. The fund will, under normal circumstances, seek to achieve its investment objective by investing at least 80% of its net assets in publicly traded equity securities of REITs. It will primarily invest in publicly traded common equity securities of U.S. REITs. The fund may also invest a portion of its assets in publicly traded common equity of U.S. real estate operating companies (not structured as REITs), publicly traded preferred equity of U.S. REITs and real estate operating companies, and cash and cash equivalents. It is non-diversified.Grade (RS Rating)
Last Trade
$28.73
Average Daily Volume
11,688
28
Performance
| Period | BOUT | REIT |
|---|---|---|
| 30 Days | 5.31% | 0.14% |
| 60 Days | 7.27% | -1.10% |
| 90 Days | 8.87% | 2.87% |
| 12 Months | 29.78% | 24.85% |
1 Overlapping Holdings
| Symbol | Grade | Weight in BOUT | Weight in REIT | Overlap | |
|---|---|---|---|---|---|
| EQIX | A | 4.25% | 9.08% | 4.25% |
BOUT Overweight 43 Positions Relative to REIT
| Symbol | Grade | Weight | |
|---|---|---|---|
| PACS | F | 4.48% | |
| MS | B | 4.47% | |
| LBRDK | C | 4.44% | |
| NEM | D | 4.42% | |
| VIK | B | 4.39% | |
| EXPE | B | 4.28% | |
| 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 27 Positions Relative to REIT
| Symbol | Grade | Weight | |
|---|---|---|---|
| PLD | D | -5.57% | |
| WELL | A | -5.01% | |
| PSA | D | -4.82% | |
| VICI | C | -4.76% | |
| SPG | A | -4.49% | |
| FR | D | -4.0% | |
| DOC | D | -3.99% | |
| INVH | D | -3.86% | |
| EXR | C | -3.82% | |
| O | D | -3.63% | |
| EQR | C | -3.45% | |
| DLR | A | -3.39% | |
| UDR | C | -3.12% | |
| AVB | B | -3.05% | |
| CUZ | B | -3.05% | |
| HST | D | -3.03% | |
| SBRA | B | -2.77% | |
| MAC | A | -2.65% | |
| EPRT | A | -2.65% | |
| ELS | B | -2.54% | |
| KRC | C | -2.33% | |
| IVT | A | -2.21% | |
| IRM | C | -2.01% | |
| LXP | D | -1.77% | |
| COLD | D | -1.69% | |
| ADC | A | -1.49% | |
| AMT | D | -0.99% |
BOUT: Top Represented Industries & Keywords
REIT: Top Represented Industries & Keywords
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