BOUT vs. WTRE ETF Comparison
Comparison of Innovator IBD Breakout Opportunities ETF (BOUT) to WisdomTree New Economy Real Estate Fund (WTRE)
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
WTRE
WisdomTree New Economy Real Estate Fund
WTRE Description
Watford Holdings Ltd., together with its subsidiaries, operates as a property and casualty insurance and reinsurance company worldwide. The company offers casualty reinsurance products, such as executive assurance, medical malpractice liability, other professional liability, workers' compensation, excess and umbrella liability, and excess auto liability; other specialty reinsurance, including personal and commercial auto, mortgage, surety, accident and health, workers' compensation catastrophe, agriculture and marine, and aviation; and property catastrophe reinsurance, as well as other insurance programs comprising general liability, umbrella liability, professional liability, personal and commercial automobile, and inland marine and property business with minimal catastrophe exposure. The company was incorporated in 2013 and is headquartered in Pembroke, Bermuda. As of July 1, 2021, Watford Holdings Ltd. was taken private.Grade (RS Rating)
Last Trade
$18.35
Average Daily Volume
3,386
23
Performance
| Period | BOUT | WTRE |
|---|---|---|
| 30 Days | 5.31% | -5.51% |
| 60 Days | 7.27% | -6.90% |
| 90 Days | 8.87% | -2.25% |
| 12 Months | 29.78% | 13.97% |
1 Overlapping Holdings
| Symbol | Grade | Weight in BOUT | Weight in WTRE | Overlap | |
|---|---|---|---|---|---|
| EQIX | A | 4.25% | 5.35% | 4.25% |
BOUT Overweight 43 Positions Relative to WTRE
| 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 22 Positions Relative to WTRE
| Symbol | Grade | Weight | |
|---|---|---|---|
| DLR | A | -5.86% | |
| SBAC | D | -5.71% | |
| ABNB | C | -5.65% | |
| VTR | B | -5.15% | |
| ARE | F | -4.62% | |
| PLD | D | -4.46% | |
| CCI | C | -4.43% | |
| AMT | D | -4.12% | |
| DOC | D | -3.66% | |
| IRM | C | -3.46% | |
| REXR | F | -2.46% | |
| EGP | D | -2.04% | |
| COLD | D | -1.71% | |
| TRNO | D | -1.58% | |
| FR | D | -1.38% | |
| CUZ | B | -1.26% | |
| KRC | C | -1.23% | |
| CDP | D | -0.94% | |
| DEI | A | -0.72% | |
| DBRG | F | -0.58% | |
| LXP | D | -0.52% | |
| JBGS | D | -0.26% |
BOUT: Top Represented Industries & Keywords
WTRE: Top Represented Industries & Keywords
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