SIXL vs. BOUT ETF Comparison
Comparison of 6 Meridian Low Beta Equity Strategy ETF (SIXL) to Innovator IBD Breakout Opportunities ETF (BOUT)
SIXL
6 Meridian Low Beta Equity Strategy ETF
SIXL Description
The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities. The equity securities in which it invests are mainly common stocks. The fund may invest in equity securities of companies of any capitalization. It also may invest in real estate investment trusts (REITs).
Grade (RS Rating)
Last Trade
$38.98
Average Daily Volume
3,012
Number of Holdings
*
238
* 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
$40.95
Average Daily Volume
3,050
Number of Holdings
*
44
* may have additional holdings in another (foreign) market
Performance
| Period | SIXL | BOUT |
|---|---|---|
| 30 Days | 4.28% | 10.23% |
| 60 Days | 4.41% | 10.93% |
| 90 Days | 5.62% | 11.26% |
| 12 Months | 23.37% | 34.57% |
SIXL Overweight 233 Positions Relative to BOUT
| Symbol | Grade | Weight | |
|---|---|---|---|
| CXW | B | 0.65% | |
| MASI | A | 0.58% | |
| SFM | A | 0.57% | |
| UFCS | B | 0.55% | |
| EXEL | B | 0.55% | |
| UNM | A | 0.54% | |
| HQY | B | 0.54% | |
| DTM | B | 0.54% | |
| CALM | A | 0.54% | |
| BWXT | B | 0.53% | |
| BRBR | A | 0.52% | |
| LRN | A | 0.51% | |
| ATGE | B | 0.5% | |
| FHI | A | 0.5% | |
| INCY | C | 0.5% | |
| PRDO | B | 0.5% | |
| MGEE | C | 0.49% | |
| X | C | 0.49% | |
| MCK | B | 0.49% | |
| ETR | B | 0.49% | |
| TMUS | B | 0.49% | |
| ATEN | B | 0.49% | |
| MCY | A | 0.48% | |
| AMSF | B | 0.48% | |
| CW | B | 0.48% | |
| LQDT | B | 0.48% | |
| RHI | B | 0.48% | |
| TXRH | C | 0.48% | |
| MGY | A | 0.47% | |
| LOPE | B | 0.47% | |
| PRI | A | 0.47% | |
| AGO | B | 0.47% | |
| PPC | C | 0.46% | |
| DBX | B | 0.46% | |
| SNDR | B | 0.46% | |
| PRGS | A | 0.46% | |
| AMBC | C | 0.46% | |
| VIRT | B | 0.46% | |
| SMPL | B | 0.46% | |
| RLI | B | 0.46% | |
| FDP | B | 0.46% | |
| CVX | A | 0.46% | |
| HMN | B | 0.46% | |
| EIG | B | 0.45% | |
| TRV | B | 0.45% | |
| BGC | C | 0.45% | |
| ATO | A | 0.45% | |
| GILD | C | 0.45% | |
| RAMP | C | 0.45% | |
| THG | A | 0.45% | |
| BJ | A | 0.45% | |
| SRE | A | 0.45% | |
| EOG | A | 0.45% | |
| RBA | A | 0.45% | |
| RGA | A | 0.44% | |
| SAM | C | 0.44% | |
| CPK | A | 0.44% | |
| ATR | B | 0.44% | |
| PINC | B | 0.44% | |
| PBH | A | 0.44% | |
| T | A | 0.44% | |
| MORN | B | 0.44% | |
| WMT | A | 0.44% | |
| JAZZ | B | 0.44% | |
| AVAV | D | 0.44% | |
| SIGI | C | 0.44% | |
| HCI | C | 0.44% | |
| HSTM | B | 0.44% | |
| MCRI | A | 0.44% | |
| AEE | A | 0.44% | |
| RYAN | B | 0.44% | |
| KR | B | 0.44% | |
| XEL | A | 0.44% | |
| WWD | B | 0.43% | |
| WDFC | B | 0.43% | |
| WM | A | 0.43% | |
| XOM | B | 0.43% | |
| EVRG | A | 0.43% | |
| COP | C | 0.43% | |
| LHX | C | 0.43% | |
| CAH | B | 0.43% | |
| WTW | B | 0.43% | |
| MMSI | B | 0.43% | |
| ORI | A | 0.43% | |
| ALL | A | 0.43% | |
| MSGS | A | 0.43% | |
| CASY | A | 0.43% | |
| TKO | B | 0.43% | |
| EHC | B | 0.43% | |
| AM | A | 0.43% | |
| MANH | D | 0.43% | |
| ORLY | B | 0.43% | |
| OGE | B | 0.43% | |
| AFG | A | 0.42% | |
| EPRT | B | 0.42% | |
| SUPN | C | 0.42% | |
| DLB | B | 0.42% | |
| BOX | B | 0.42% | |
| ITGR | B | 0.42% | |
| PNW | B | 0.42% | |
| EZPW | A | 0.42% | |
| PM | B | 0.42% | |
| AWR | B | 0.42% | |
| CHD | B | 0.42% | |
| MO | A | 0.42% | |
| FIZZ | C | 0.42% | |
| NJR | A | 0.42% | |
| SPNT | A | 0.42% | |
| NFG | A | 0.42% | |
| PECO | A | 0.42% | |
| UVV | B | 0.42% | |
| DGX | A | 0.42% | |
| WEC | A | 0.42% | |
| DVAX | C | 0.42% | |
| PPL | B | 0.42% | |
| NWN | A | 0.42% | |
| WEN | D | 0.42% | |
| ALE | A | 0.41% | |
| SAFT | C | 0.41% | |
| ARMK | B | 0.41% | |
| ADC | B | 0.41% | |
| NPK | B | 0.41% | |
| TR | B | 0.41% | |
| MUSA | A | 0.41% | |
| NWE | B | 0.41% | |
| ALKS | B | 0.41% | |
| INGR | B | 0.41% | |
| VZ | C | 0.41% | |
| AFL | B | 0.41% | |
| RSG | A | 0.41% | |
| ABT | B | 0.41% | |
| VRSK | A | 0.41% | |
| CME | A | 0.41% | |
| OLLI | D | 0.41% | |
| WRB | A | 0.41% | |
| UTHR | C | 0.41% | |
| LTC | B | 0.41% | |
| STRA | C | 0.41% | |
| NYT | C | 0.4% | |
| INVA | D | 0.4% | |
| SO | D | 0.4% | |
| AJG | B | 0.4% | |
| OHI | C | 0.4% | |
| JJSF | B | 0.4% | |
| WTRG | B | 0.4% | |
| KNSL | B | 0.4% | |
| UTL | B | 0.4% | |
| CB | C | 0.4% | |
| NEU | C | 0.4% | |
| AVA | A | 0.4% | |
| K | A | 0.4% | |
| CMS | C | 0.4% | |
| GTY | B | 0.4% | |
| RTX | C | 0.4% | |
| MSA | D | 0.4% | |
| PDCO | D | 0.4% | |
| RNR | C | 0.4% | |
| LANC | C | 0.4% | |
| HOLX | D | 0.39% | |
| ENSG | D | 0.39% | |
| CHE | D | 0.39% | |
| CHRD | D | 0.39% | |
| BRC | D | 0.39% | |
| PG | A | 0.39% | |
| CBOE | B | 0.39% | |
| DUK | C | 0.39% | |
| DTE | C | 0.39% | |
| CCK | C | 0.39% | |
| NBIX | C | 0.39% | |
| MMC | B | 0.39% | |
| FCPT | C | 0.39% | |
| UNH | C | 0.39% | |
| JNJ | D | 0.38% | |
| FE | C | 0.38% | |
| AEP | D | 0.38% | |
| NOC | D | 0.38% | |
| AMH | D | 0.38% | |
| HRB | D | 0.38% | |
| GLPI | C | 0.38% | |
| CACI | D | 0.38% | |
| NHC | C | 0.38% | |
| ELS | C | 0.38% | |
| WPC | D | 0.37% | |
| EPC | D | 0.37% | |
| AMED | F | 0.37% | |
| KMB | D | 0.37% | |
| RGR | F | 0.37% | |
| DFIN | D | 0.37% | |
| JNPR | F | 0.37% | |
| BG | F | 0.37% | |
| SJW | D | 0.37% | |
| ED | D | 0.37% | |
| LMT | D | 0.37% | |
| POST | C | 0.37% | |
| ADUS | D | 0.37% | |
| FLO | D | 0.37% | |
| KBR | F | 0.37% | |
| CWT | D | 0.37% | |
| NNN | D | 0.36% | |
| MOH | F | 0.36% | |
| PEP | F | 0.36% | |
| WU | D | 0.36% | |
| FCN | D | 0.36% | |
| MKC | D | 0.36% | |
| HRL | D | 0.36% | |
| COKE | C | 0.36% | |
| CI | F | 0.36% | |
| ANIP | F | 0.36% | |
| JBSS | D | 0.35% | |
| KHC | F | 0.35% | |
| VRRM | D | 0.35% | |
| KO | D | 0.35% | |
| CL | D | 0.35% | |
| AMT | D | 0.34% | |
| KDP | D | 0.34% | |
| MDLZ | F | 0.34% | |
| HSY | F | 0.34% | |
| ABBV | D | 0.34% | |
| ERIE | D | 0.33% | |
| NABL | F | 0.33% | |
| MRK | F | 0.33% | |
| SPTN | D | 0.33% | |
| CVI | F | 0.33% | |
| CNC | D | 0.33% | |
| GIS | D | 0.33% | |
| CLW | F | 0.32% | |
| CAG | D | 0.32% | |
| THS | D | 0.31% | |
| ELV | F | 0.3% | |
| LPG | F | 0.29% | |
| BMRN | D | 0.29% | |
| KELYA | F | 0.28% | |
| CPRI | F | 0.24% |
SIXL Underweight 39 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% | |
| ETN | A | -3.82% | |
| SPGI | C | -3.81% | |
| EQH | B | -3.78% | |
| CRM | B | -3.73% | |
| BAH | F | -3.73% | |
| DVA | B | -3.71% | |
| CRDO | B | -2.87% | |
| VRNS | D | -2.61% | |
| ULS | B | -2.59% | |
| IR | B | -2.49% | |
| NMIH | D | -2.44% | |
| ONON | A | -2.35% | |
| TSM | B | -1.31% | |
| 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% | |
| JD | D | -0.38% |
SIXL: Top Represented Industries & Keywords
Industries:
Packaged Foods
Insurance - Property & Casualty
Utilities - Regulated Electric
Biotechnology
Aerospace & Defense
Utilities - Diversified
Beverages - Soft Drinks
Education & Training Services
Health Care Plans
Household & Personal Products
Oil & Gas E&P
Business Services
Drug Manufacturers - Major
Insurance - Specialty
Insurance Brokers
Medical Care
Medical Distribution
REIT - Diversified
REIT - Retail
Specialty Retail
BOUT: Top Represented Industries & Keywords
Industries:
Software - Application
Capital Markets
Insurance - Property & Casualty
Insurance - Diversified
Leisure
Semiconductors
Aerospace & Defense
Apparel Retail
Banks - Regional - US
Biotechnology
Business Services
Communication Equipment
Copper
Diagnostics & Research
Diversified Industrials
Drug Manufacturers - Specialty & Generic
Engineering & Construction
Furnishings, Fixtures & Appliances
Gold
Medical Care
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