MAKX vs. BOUT ETF Comparison
Comparison of ProShares S&P Kensho Smart Factories ETF (MAKX) to Innovator IBD Breakout Opportunities ETF (BOUT)
MAKX
ProShares S&P Kensho Smart Factories ETF
MAKX Description
ProShares S&P Kensho Smart Factories ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies focused on building the technology empowering the digitalization of manufacturing activities sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. ProShares S&P Kensho Smart Factories ETF is domiciled in the United States. The investment seeks results, before fees and expenses, that track the performance of the S&P Kensho Smart Factories Index.
Grade (RS Rating)
Last Trade
$40.67
Average Daily Volume
92
19
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
Performance
| Period | MAKX | BOUT |
|---|---|---|
| 30 Days | 6.46% | 4.34% |
| 60 Days | 10.46% | 6.97% |
| 90 Days | 11.18% | 8.38% |
| 12 Months | 21.91% | 29.00% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MAKX | Weight in BOUT | Overlap |
|---|
MAKX Overweight 19 Positions Relative to BOUT
MAKX Underweight 44 Positions Relative to BOUT
| 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 | B | -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 | B | -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% |
MAKX: Top Represented Industries & Keywords
BOUT: Top Represented Industries & Keywords
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