RAYJ vs. BOUT ETF Comparison
Comparison of Rayliant SMDAM Japan Equity ETF (RAYJ) to Innovator IBD Breakout Opportunities ETF (BOUT)
RAYJ
Rayliant SMDAM Japan Equity ETF
RAYJ Description
RAYJ focuses on achieving long-term capital growth through investments in Japanese companies, primarily common and preferred stocks. The fund prioritizes firms with sustainable earnings growth, strong market positions, and a track record of innovation. Investment decisions are informed by fundamental research, considering factors such as historical and projected cash flow stability, quality of management teams, and governance standards. Additionally, RAYJ employs derivatives like futures contracts for risk management purposes, including hedging and optimizing cash positions. Sector allocations are adjusted dynamically based on market trends and opportunities. RAYJ seeks to strategically position itself within Japan's equity market to capitalize on sustained growth potential.
Grade (RS Rating)
Last Trade
$25.15
Average Daily Volume
4,554
2
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
$35.02
Average Daily Volume
2,240
43
Performance
| Period | RAYJ | BOUT |
|---|---|---|
| 30 Days | 1.49% | 0.27% |
| 60 Days | 1.04% | 1.63% |
| 90 Days | -0.59% | -0.62% |
| 12 Months | 9.85% |
0 Overlapping Holdings
| Symbol | Grade | Weight in RAYJ | Weight in BOUT | Overlap |
|---|
RAYJ Underweight 43 Positions Relative to BOUT
| Symbol | Grade | Weight | |
|---|---|---|---|
| LOAR | D | -4.48% | |
| VIK | B | -4.38% | |
| CTRI | F | -4.37% | |
| PACS | B | -4.36% | |
| ONON | C | -4.32% | |
| PAL | B | -4.29% | |
| MSDL | B | -4.28% | |
| AHR | A | -4.28% | |
| MPWR | A | -3.87% | |
| KLAC | B | -3.87% | |
| OLED | A | -3.83% | |
| ISRG | B | -3.76% | |
| QRVO | B | -3.75% | |
| SPB | D | -3.72% | |
| NXPI | B | -3.72% | |
| IDCC | A | -3.71% | |
| AMGN | B | -2.52% | |
| RSG | A | -2.5% | |
| RL | C | -2.49% | |
| PSTG | C | -2.48% | |
| IBKR | B | -2.44% | |
| GOOGL | A | -2.44% | |
| DDOG | B | -2.42% | |
| ERJ | D | -2.4% | |
| BKNG | B | -1.35% | |
| KSPI | A | -1.25% | |
| GMED | A | -1.25% | |
| AVAV | D | -1.25% | |
| ATGE | A | -1.25% | |
| NVO | C | -1.22% | |
| ANF | B | -1.22% | |
| AZN | C | -1.21% | |
| PLTR | B | -0.49% | |
| ARM | B | -0.49% | |
| FN | C | -0.48% | |
| NFLX | A | -0.47% | |
| UBS | B | -0.46% | |
| DECK | C | -0.46% | |
| PINS | B | -0.45% | |
| HALO | B | -0.45% | |
| CRWD | A | -0.44% | |
| PDD | D | -0.43% | |
| AMSC | B | -0.43% |
RAYJ: Top Represented Industries & Keywords
BOUT: Top Represented Industries & Keywords
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