RSHO vs. BOUT ETF Comparison

Comparison of Tema American Reshoring ETF (RSHO) to Innovator IBD Breakout Opportunities ETF (BOUT)

RSHO

Tema American Reshoring ETF

RSHO Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, common and preferred stocks of publicly listed companies domiciled in the United States that are directly or indirectly economically tied to the rebuilding, bringing back of overseas economic activity, and revitalization of the American (i.e., United States) industrial base ("reshoring companies"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.03

Average Daily Volume

27,174

Number of Holdings ^*

* 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

$40.67

Average Daily Volume

3,050

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RSHO	BOUT
30 Days	8.06%	10.23%
60 Days	9.50%	10.93%
90 Days	11.47%	11.26%
12 Months	41.70%	34.57%

3 Overlapping Holdings

Symbol	Grade	Weight in RSHO	Weight in BOUT	Overlap
ETN	A	5.4%	3.82%	3.82%
IR	B	4.5%	2.49%	2.49%
TSM	B	1.34%	1.31%	1.31%

RSHO Overweight 22 Positions Relative to BOUT

Symbol	Grade	Weight
AIT	A	6.45%
PRIM	A	5.22%
ROK	B	5.16%
CLH	B	4.7%
FAST	B	4.4%
PH	A	3.85%
VMC	B	3.85%
FLR	B	3.43%
CAT	B	3.26%
FSS	B	3.22%
HRI	B	3.14%
WCC	B	2.92%
EMR	A	2.87%
ABBV	D	2.87%
ATI	D	2.86%
LIN	D	2.75%
DHR	F	2.4%
ALLE	D	2.4%
UNP	C	2.2%
APG	B	2.04%
TEX	D	2.0%
TKR	D	1.81%

RSHO Underweight 41 Positions Relative to BOUT

Symbol	Grade	Weight
PACS	F	-4.48%
MS	A	-4.47%
LBRDK	C	-4.44%
NEM	D	-4.42%
VIK	B	-4.39%
EXPE	B	-4.28%
EQIX	A	-4.25%
AHR	A	-4.24%
IDCC	A	-4.01%
SPGI	C	-3.81%
EQH	B	-3.78%
CRM	B	-3.73%
BAH	F	-3.73%
DVA	B	-3.71%
PGR	A	-3.63%
CRDO	B	-2.87%
VRNS	D	-2.61%
ULS	B	-2.59%
DT	C	-2.49%
NMIH	D	-2.44%
ONON	A	-2.35%
COLL	F	-2.23%
TBBK	B	-1.28%
NOW	A	-1.27%
CDNA	D	-1.24%
SCCO	F	-1.22%
SN	D	-1.2%
TCOM	B	-1.14%
BEKE	D	-1.06%
ROAD	A	-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	B	-0.39%
JD	D	-0.38%