QLD vs. BOUT ETF Comparison

Comparison of ProShares Ultra QQQ (QLD) to Innovator IBD Breakout Opportunities ETF (BOUT)

QLD

ProShares Ultra QQQ

QLD Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the NASDAQ-100 Index®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$98.02

Average Daily Volume

3,444,587

Number of Holdings ^*

101

* 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

$36.07

Average Daily Volume

1,184

Number of Holdings ^*

126

* may have additional holdings in another (foreign) market

Performance

Period	QLD	BOUT
30 Days	6.58%	-1.56%
60 Days	13.38%	4.47%
90 Days	-8.28%	2.73%
12 Months	64.61%	22.81%

15 Overlapping Holdings

Symbol	Grade	Weight in QLD	Weight in BOUT	Overlap
ADBE	F	1.1%	1.97%	1.1%
ARM	C	0.09%	0.31%	0.09%
BKNG	C	0.68%	0.68%	0.68%
CRWD	D	0.31%	0.31%	0.31%
DDOG	C	0.17%	0.3%	0.17%
FANG	C	0.15%	1.99%	0.15%
GOOGL	B	1.81%	1.32%	1.32%
INTU	F	0.83%	0.67%	0.67%
ISRG	C	0.84%	1.99%	0.84%
KLAC	B	0.5%	2.39%	0.5%
MELI	D	0.5%	2.45%	0.5%
NFLX	B	1.46%	0.66%	0.66%
NXPI	F	0.29%	2.33%	0.29%
PANW	D	0.53%	1.3%	0.53%
ROST	D	0.24%	1.34%	0.24%

QLD Overweight 86 Positions Relative to BOUT

Symbol	Grade	Weight
AAPL	C	6.59%
MSFT	D	5.95%
NVDA	B	5.54%
AVGO	C	3.84%
META	A	3.7%
AMZN	C	3.64%
TSLA	C	2.35%
COST	C	1.89%
GOOG	B	1.74%
AMD	B	1.27%
TMUS	A	1.16%
PEP	F	1.12%
LIN	B	1.09%
CSCO	A	1.03%
TXN	C	0.91%
QCOM	C	0.91%
AMGN	D	0.83%
AMAT	B	0.8%
CMCSA	C	0.77%
HON	C	0.64%
VRTX	D	0.58%
REGN	D	0.55%
ADI	C	0.55%
MU	D	0.55%
ADP	A	0.54%
SBUX	C	0.53%
LRCX	D	0.51%
GILD	A	0.5%
INTC	D	0.48%
MDLZ	D	0.47%
PDD	B	0.43%
CTAS	C	0.4%
CEG	A	0.39%
ASML	F	0.38%
PYPL	C	0.38%
SNPS	F	0.37%
CDNS	D	0.36%
MAR	B	0.34%
ORLY	A	0.32%
CSX	D	0.32%
MRVL	B	0.3%
ADSK	C	0.29%
ROP	C	0.29%
FTNT	B	0.28%
ABNB	D	0.27%
AEP	C	0.26%
DASH	B	0.26%
MNST	D	0.25%
PCAR	C	0.25%
WDAY	D	0.25%
TTD	A	0.24%
CPRT	C	0.24%
KDP	C	0.24%
PAYX	A	0.23%
AZN	D	0.22%
CHTR	D	0.22%
GEHC	C	0.21%
MCHP	F	0.21%
FAST	C	0.2%
IDXX	D	0.2%
KHC	F	0.2%
ODFL	F	0.2%
EXC	A	0.19%
EA	D	0.18%
VRSK	C	0.18%
CTSH	B	0.18%
BKR	B	0.17%
CCEP	D	0.17%
XEL	B	0.17%
CDW	D	0.15%
CSGP	F	0.15%
ON	F	0.15%
LULU	D	0.15%
BIIB	F	0.14%
DXCM	F	0.13%
TTWO	F	0.13%
ANSS	D	0.13%
SMCI	F	0.12%
TEAM	D	0.12%
MRNA	F	0.12%
ZS	F	0.12%
GFS	F	0.11%
MDB	D	0.1%
WBD	D	0.1%
ILMN	B	0.1%
DLTR	F	0.07%

QLD Underweight 111 Positions Relative to BOUT

Symbol	Grade	Weight
FFTY	C	-8.0%
VIK	B	-2.36%
SPGI	B	-2.36%
PACS	C	-2.36%
QRVO	F	-2.35%
AHR	C	-2.34%
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	D	-2.05%
MPWR	B	-2.03%
OLED	C	-2.02%
AXP	B	-2.01%
AX	D	-2.01%
PPC	D	-1.99%
MOD	B	-1.98%
MMM	C	-1.97%
KNTK	A	-1.97%
PSN	A	-1.95%
IOT	C	-1.91%
ALNY	C	-1.35%
RSG	C	-1.34%
NMIH	C	-1.34%
AEM	C	-1.33%
WFRD	F	-1.31%
HLNE	A	-1.31%
EHC	B	-1.31%
ATGE	D	-1.31%
NVO	F	-1.3%
MANH	C	-1.3%
AAON	B	-1.28%
NOW	C	-1.23%
NBIX	F	-0.69%
ANF	F	-0.69%
PSTG	F	-0.68%
HALO	C	-0.68%
PLTR	A	-0.67%
DSGX	C	-0.67%
VNOM	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	C	-0.31%
IBKR	A	-0.31%
HESM	C	-0.31%
GRMN	D	-0.31%
FN	B	-0.31%
ARIS	B	-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%