SMIG vs. BOUT ETF Comparison

Comparison of AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) to Innovator IBD Breakout Opportunities ETF (BOUT)

SMIG

AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF

SMIG Description

ETF Series Solutions - AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Advisors Asset Management, Inc. and Bahl & Gaynor, Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization, within the market capitalization range of the Russell 2500 Index. The fund invests in dividend paying stocks of companies. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. ETF Series Solutions - AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$31.29

Average Daily Volume

104,347

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

$40.14

Average Daily Volume

2,990

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMIG	BOUT
30 Days	5.72%	7.95%
60 Days	8.06%	9.94%
90 Days	9.31%	9.81%
12 Months	35.70%	32.83%

1 Overlapping Holdings

	Symbol	Grade	Weight in SMIG	Weight in BOUT	Overlap
	BAH	F	4.65%	3.73%	3.73%

SMIG Overweight 43 Positions Relative to BOUT

Symbol	Grade	Weight
VCTR	B	5.14%
TRGP	A	4.92%
HUBB	B	4.29%
SNA	A	4.23%
BR	A	4.22%
PKG	A	4.12%
WSO	A	3.93%
HIG	B	3.85%
EVR	B	3.76%
NI	A	3.35%
DGX	A	3.14%
ADC	A	2.71%
DOX	D	2.66%
PRGO	C	2.54%
IPAR	B	2.54%
AFG	A	2.46%
AVY	F	2.43%
TXRH	B	2.36%
ATO	A	1.99%
RPM	A	1.97%
LANC	C	1.89%
AVT	C	1.88%
LNT	A	1.86%
HOMB	A	1.85%
NTAP	C	1.76%
TRNO	F	1.72%
AVNT	B	1.54%
CBOE	C	1.43%
CMS	C	1.19%
CAG	F	1.18%
USPH	B	1.17%
NXST	C	1.14%
ELS	C	1.1%
PAGP	A	1.05%
PAG	B	1.01%
FFBC	B	0.94%
MTH	D	0.88%
DTM	A	0.8%
SON	F	0.67%
NSP	F	0.63%
TSCO	D	0.48%
CSGS	B	0.36%
WKC	C	0.33%

SMIG Underweight 43 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	B	-4.01%
ETN	A	-3.82%
SPGI	C	-3.81%
EQH	C	-3.78%
CRM	B	-3.73%
DVA	C	-3.71%
PGR	A	-3.63%
CRDO	B	-2.87%
VRNS	D	-2.61%
ULS	B	-2.59%
IR	B	-2.49%
DT	D	-2.49%
NMIH	C	-2.44%
ONON	A	-2.35%
COLL	F	-2.23%
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	B	-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	C	-0.4%
PLMR	A	-0.39%
JD	D	-0.38%