IYW vs. BOUT ETF Comparison

Comparison of iShares U.S. Technology ETF (IYW) to Innovator IBD Breakout Opportunities ETF (BOUT)

IYW

iShares U.S. Technology ETF

IYW Description

The investment seeks to track the investment results of an index composed of U.S. equities in the technology sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Technology Index (the "underlying index"), which measures the performance of the technology sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$149.00

Average Daily Volume

915,896

Number of Holdings ^*

140

* may have additional holdings in another (foreign) market

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

$36.32

Average Daily Volume

1,208

Number of Holdings ^*

126

* may have additional holdings in another (foreign) market

Performance

Period	IYW	BOUT
30 Days	0.33%	-0.91%
60 Days	7.28%	5.16%
90 Days	-4.20%	3.69%
12 Months	39.92%	22.01%

16 Overlapping Holdings

Symbol	Grade	Weight in IYW	Weight in BOUT	Overlap
ADBE	F	2.08%	1.97%	1.97%
CRWD	D	0.61%	0.31%	0.31%
DDOG	D	0.31%	0.3%	0.3%
GOOGL	C	2.56%	1.32%	1.32%
INTU	F	1.58%	0.67%	0.67%
KLAC	D	0.92%	2.39%	0.92%
MANH	C	0.15%	1.3%	0.15%
MPWR	C	0.38%	2.03%	0.38%
NOW	C	1.73%	1.23%	1.23%
OLED	C	0.09%	2.02%	0.09%
PANW	D	0.94%	1.3%	0.94%
PINS	D	0.16%	0.31%	0.16%
PLTR	C	0.67%	0.67%	0.67%
PSN	A	0.04%	1.95%	0.04%
PSTG	F	0.14%	0.68%	0.14%
QRVO	F	0.09%	2.35%	0.09%

IYW Overweight 124 Positions Relative to BOUT

Symbol	Grade	Weight
AAPL	C	15.81%
MSFT	C	15.46%
NVDA	C	13.07%
META	A	4.04%
AVGO	C	3.42%
ORCL	C	2.37%
AMD	D	2.25%
CRM	C	2.24%
GOOG	C	2.16%
IBM	C	1.79%
QCOM	D	1.69%
TXN	C	1.66%
AMAT	D	1.43%
ADI	C	1.01%
LRCX	F	0.91%
MU	D	0.9%
INTC	D	0.83%
APH	D	0.7%
SNPS	F	0.69%
CDNS	D	0.67%
MRVL	C	0.57%
ROP	C	0.53%
ADSK	C	0.52%
WDAY	D	0.47%
FTNT	C	0.43%
DASH	B	0.43%
MCHP	F	0.37%
IT	C	0.35%
CTSH	C	0.34%
GLW	C	0.31%
SNOW	F	0.31%
APP	B	0.3%
VRT	B	0.3%
HPQ	C	0.3%
DELL	D	0.29%
ON	F	0.27%
CDW	D	0.27%
ANSS	D	0.25%
NTAP	D	0.23%
TEAM	D	0.23%
HUBS	D	0.23%
HPE	C	0.22%
TYL	C	0.22%
NET	D	0.22%
WDC	C	0.2%
SMCI	F	0.2%
MSTR	C	0.2%
GDDY	D	0.2%
PTC	D	0.19%
LDOS	A	0.19%
MDB	D	0.18%
TER	D	0.18%
ZM	B	0.16%
SSNC	C	0.15%
ENTG	D	0.15%
DT	C	0.14%
VRSN	C	0.14%
SWKS	F	0.14%
ZS	F	0.14%
GWRE	A	0.13%
GEN	A	0.13%
NTNX	D	0.13%
AKAM	D	0.13%
DOCU	B	0.11%
OKTA	F	0.11%
TOST	B	0.11%
JBL	D	0.11%
FFIV	C	0.11%
TWLO	C	0.1%
CACI	A	0.1%
EPAM	F	0.1%
COHR	B	0.1%
ONTO	C	0.09%
DOX	B	0.09%
KBR	D	0.08%
PAYC	D	0.08%
DAY	C	0.08%
SNX	C	0.08%
MTCH	C	0.08%
GLOB	D	0.07%
U	D	0.06%
ESTC	F	0.06%
AZPN	C	0.06%
PCOR	D	0.06%
CRUS	D	0.06%
S	D	0.06%
SMAR	A	0.06%
SAIC	B	0.06%
ARW	C	0.06%
BSY	D	0.06%
LSCC	D	0.06%
CART	C	0.06%
APPF	C	0.05%
KD	F	0.05%
PATH	D	0.05%
MTSI	C	0.05%
DBX	C	0.05%
GTLB	D	0.05%
GFS	F	0.04%
IAC	C	0.04%
DLB	D	0.04%
HCP	B	0.04%
AVT	B	0.04%
CCCS	D	0.04%
CFLT	F	0.04%
TDC	D	0.03%
CLVT	D	0.03%
CNXC	F	0.03%
PEGA	C	0.03%
ZI	D	0.03%
DNB	D	0.03%
AMKR	F	0.03%
DXC	D	0.03%
IPGP	D	0.02%
FIVN	F	0.02%
RNG	F	0.02%
DV	F	0.02%
NCNO	D	0.02%
ALGM	F	0.02%
DJT	F	0.01%
WOLF	F	0.01%
PYCR	D	0.01%
ALAB	D	0.01%
INFA	D	0.01%

IYW Underweight 110 Positions Relative to BOUT

Symbol	Grade	Weight
FFTY	C	-8.0%
MELI	C	-2.45%
VIK	B	-2.36%
SPGI	C	-2.36%
PACS	C	-2.36%
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	B	-2.28%
SWI	C	-2.24%
MS	B	-2.06%
GS	D	-2.05%
AXP	A	-2.01%
AX	D	-2.01%
PPC	A	-1.99%
ISRG	C	-1.99%
FANG	F	-1.99%
MOD	C	-1.98%
MMM	B	-1.97%
KNTK	C	-1.97%
IOT	C	-1.91%
ALNY	B	-1.35%
RSG	D	-1.34%
ROST	C	-1.34%
NMIH	C	-1.34%
AEM	C	-1.33%
WFRD	F	-1.31%
HLNE	A	-1.31%
EHC	B	-1.31%
ATGE	C	-1.31%
NVO	F	-1.3%
AAON	B	-1.28%
NBIX	F	-0.69%
ANF	D	-0.69%
HALO	D	-0.68%
BKNG	C	-0.68%
DSGX	C	-0.67%
VNOM	B	-0.66%
NFLX	C	-0.66%
MPLX	A	-0.66%
GMED	D	-0.66%
CYBR	C	-0.66%
AROC	C	-0.66%
VRNS	C	-0.63%
MMYT	D	-0.33%
AMSC	D	-0.33%
ELF	F	-0.32%
CLS	C	-0.32%
SRPT	F	-0.31%
IBKR	A	-0.31%
HESM	D	-0.31%
GRMN	D	-0.31%
FN	C	-0.31%
ARM	C	-0.31%
ARIS	C	-0.31%
ALKT	D	-0.31%
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%

IYW: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Information Technology Services Internet Content & Information Semiconductor Equipment & Materials Data Storage Computer Systems Conglomerates Diversified Industrials Electronic Components Internet Content & Information Telecom Services Business Services Communication Equipment Computer Hardware Consumer Electronics Contract Manufacturers Electronics & Computer Distribution Electronics Distribution