BOUT vs. SDP ETF Comparison
Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to ProShares UltraShort Utilities (SDP)
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
$36.28
Average Daily Volume
1,218
126
SDP
ProShares UltraShort Utilities
SDP Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. UtilitiesSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the utilities sector of the U.S. equity market. Component companies include, among others, electric utilities, gas utilities, multi-utilities and water utilities. The fund is non-diversified.Grade (RS Rating)
Last Trade
$7.39
Average Daily Volume
39,603
46
Performance
| Period | BOUT | SDP |
|---|---|---|
| 30 Days | -0.98% | -12.91% |
| 60 Days | 5.08% | -17.32% |
| 90 Days | 3.62% | -28.91% |
| 12 Months | 24.26% | -51.89% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BOUT | Weight in SDP | Overlap |
|---|
BOUT Overweight 126 Positions Relative to SDP
| Symbol | Grade | Weight | |
|---|---|---|---|
| FFTY | C | 8.0% | |
| MELI | C | 2.45% | |
| KLAC | B | 2.39% | |
| VIK | B | 2.36% | |
| SPGI | C | 2.36% | |
| PACS | C | 2.36% | |
| QRVO | F | 2.35% | |
| AHR | C | 2.34% | |
| NXPI | F | 2.33% | |
| NVS | D | 2.33% | |
| IDCC | A | 2.33% | |
| CHKP | C | 2.33% | |
| PGR | C | 2.32% | |
| NEM | C | 2.29% | |
| MWA | A | 2.28% | |
| SWI | C | 2.24% | |
| MS | B | 2.06% | |
| GS | C | 2.05% | |
| MPWR | B | 2.03% | |
| OLED | C | 2.02% | |
| AXP | A | 2.01% | |
| AX | D | 2.01% | |
| PPC | B | 1.99% | |
| ISRG | A | 1.99% | |
| FANG | D | 1.99% | |
| MOD | B | 1.98% | |
| MMM | C | 1.97% | |
| KNTK | B | 1.97% | |
| ADBE | F | 1.97% | |
| PSN | A | 1.95% | |
| IOT | C | 1.91% | |
| ALNY | C | 1.35% | |
| RSG | D | 1.34% | |
| ROST | C | 1.34% | |
| NMIH | C | 1.34% | |
| AEM | C | 1.33% | |
| GOOGL | B | 1.32% | |
| WFRD | F | 1.31% | |
| HLNE | A | 1.31% | |
| EHC | B | 1.31% | |
| ATGE | D | 1.31% | |
| PANW | D | 1.3% | |
| NVO | F | 1.3% | |
| MANH | C | 1.3% | |
| AAON | A | 1.28% | |
| NOW | C | 1.23% | |
| NBIX | F | 0.69% | |
| ANF | F | 0.69% | |
| PSTG | F | 0.68% | |
| HALO | D | 0.68% | |
| BKNG | C | 0.68% | |
| PLTR | A | 0.67% | |
| INTU | F | 0.67% | |
| DSGX | C | 0.67% | |
| VNOM | B | 0.66% | |
| NFLX | A | 0.66% | |
| MPLX | A | 0.66% | |
| GMED | D | 0.66% | |
| CYBR | C | 0.66% | |
| AROC | B | 0.66% | |
| VRNS | C | 0.63% | |
| MMYT | D | 0.33% | |
| AMSC | C | 0.33% | |
| ELF | F | 0.32% | |
| CLS | B | 0.32% | |
| SRPT | F | 0.31% | |
| PINS | D | 0.31% | |
| IBKR | A | 0.31% | |
| HESM | D | 0.31% | |
| GRMN | D | 0.31% | |
| FN | B | 0.31% | |
| CRWD | D | 0.31% | |
| ARM | C | 0.31% | |
| ARIS | C | 0.31% | |
| ALKT | D | 0.31% | |
| DDOG | D | 0.3% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% | |
| FFTY | C | 0.0% |
BOUT Underweight 46 Positions Relative to SDP
| Symbol | Grade | Weight | |
|---|---|---|---|
| NEE | A | -12.13% | |
| SO | A | -6.91% | |
| D | A | -6.77% | |
| DUK | A | -6.69% | |
| AEP | C | -4.77% | |
| EXC | A | -4.51% | |
| SRE | A | -4.34% | |
| XEL | A | -3.36% | |
| WEC | A | -2.98% | |
| ED | A | -2.94% | |
| PEG | A | -2.93% | |
| ES | C | -2.81% | |
| EIX | A | -2.7% | |
| FE | B | -2.6% | |
| PPL | A | -2.56% | |
| DTE | A | -2.52% | |
| ETR | A | -2.46% | |
| AWK | B | -2.31% | |
| AEE | A | -1.92% | |
| CMS | A | -1.82% | |
| EVRG | C | -1.5% | |
| LNT | A | -1.35% | |
| ATO | A | -1.34% | |
| AES | B | -1.33% | |
| CNP | B | -1.33% | |
| WTRG | D | -1.07% | |
| NI | A | -1.06% | |
| PNW | A | -1.03% | |
| VST | A | -1.01% | |
| NRG | A | -0.95% | |
| UGI | C | -0.91% | |
| MDU | C | -0.58% | |
| IDA | C | -0.54% | |
| HE | F | -0.51% | |
| POR | C | -0.51% | |
| OGS | C | -0.49% | |
| BKH | C | -0.49% | |
| SR | C | -0.42% | |
| ALE | A | -0.42% | |
| SWX | C | -0.41% | |
| NJR | C | -0.41% | |
| PNM | B | -0.4% | |
| NFG | A | -0.38% | |
| NWE | B | -0.37% | |
| AVA | D | -0.32% | |
| AGR | C | -0.28% |
BOUT: Top Represented Industries & Keywords
SDP: Top Represented Industries & Keywords
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