XNTK vs. BOUT ETF Comparison

Comparison of SPDR NYSE Technology ETF (XNTK) to Innovator IBD Breakout Opportunities ETF (BOUT)

XNTK

SPDR NYSE Technology ETF

XNTK Description

SPDR Morgan Stanley Technology ETF (the Fund) seeks to closely match the returns and characteristics of the Morgan Stanley Technology Index. The Morgan Stanley Technology Index is composed purely of electronics-based technology companies. The Technology Index comprises companies drawn from the following technology sub-sectors: computer services; design software; server software, personal computer (PC) software and new media; networking and telecom equipment; server hardware, PC hardware and peripherals; specialized systems, and semiconductors. The Fund's investment advisor is SSgA Funds Management, Inc.

Grade (RS Rating)

Last Trade

$195.32

Average Daily Volume

12,727

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

$36.31

Average Daily Volume

1,208

Number of Holdings ^*

126

* may have additional holdings in another (foreign) market

Performance

Period	XNTK	BOUT
30 Days	3.39%	-0.91%
60 Days	11.90%	5.16%
90 Days	-2.45%	3.69%
12 Months	42.30%	22.01%

8 Overlapping Holdings

Symbol	Grade	Weight in XNTK	Weight in BOUT	Overlap
ADBE	F	2.0%	1.97%	1.97%
BKNG	C	2.83%	0.68%	0.68%
GOOGL	C	2.77%	1.32%	1.32%
INTU	F	2.64%	0.67%	0.67%
MELI	C	3.09%	2.45%	2.45%
NFLX	C	3.59%	0.66%	0.66%
NOW	C	3.04%	1.23%	1.23%
PANW	D	2.58%	1.3%	1.3%

XNTK Overweight 27 Positions Relative to BOUT

Symbol	Grade	Weight
NVDA	C	5.73%
AVGO	C	4.1%
TSM	C	4.06%
META	A	3.88%
ORCL	C	3.41%
AMAT	D	3.08%
TXN	C	3.06%
IBM	C	3.05%
QCOM	D	3.02%
AMZN	C	2.97%
ADI	C	2.91%
BABA	A	2.86%
UBER	C	2.82%
AMD	D	2.81%
ASML	F	2.75%
MU	D	2.75%
MSFT	C	2.71%
AAPL	C	2.7%
LRCX	F	2.59%
SHOP	C	2.51%
CSCO	A	2.46%
CRM	C	2.45%
TSLA	B	2.31%
ABNB	D	2.12%
PDD	D	1.66%
SNOW	F	1.38%
INTC	D	1.15%

XNTK Underweight 118 Positions Relative to BOUT

Symbol	Grade	Weight
FFTY	C	-8.0%
KLAC	D	-2.39%
VIK	B	-2.36%
SPGI	C	-2.36%
PACS	C	-2.36%
QRVO	F	-2.35%
AHR	C	-2.34%
NXPI	F	-2.33%
NVS	D	-2.33%
IDCC	A	-2.33%
CHKP	C	-2.33%
PGR	C	-2.32%
NEM	C	-2.29%
MWA	B	-2.28%
SWI	C	-2.24%
MS	B	-2.06%
GS	D	-2.05%
MPWR	C	-2.03%
OLED	C	-2.02%
AXP	A	-2.01%
AX	D	-2.01%
PPC	A	-1.99%
ISRG	C	-1.99%
FANG	F	-1.99%
MOD	C	-1.98%
MMM	B	-1.97%
KNTK	C	-1.97%
PSN	A	-1.95%
IOT	C	-1.91%
ALNY	B	-1.35%
RSG	D	-1.34%
ROST	C	-1.34%
NMIH	C	-1.34%
AEM	C	-1.33%
WFRD	F	-1.31%
HLNE	A	-1.31%
EHC	B	-1.31%
ATGE	C	-1.31%
NVO	F	-1.3%
MANH	C	-1.3%
AAON	B	-1.28%
NBIX	F	-0.69%
ANF	D	-0.69%
PSTG	F	-0.68%
HALO	D	-0.68%
PLTR	C	-0.67%
DSGX	C	-0.67%
VNOM	B	-0.66%
MPLX	A	-0.66%
GMED	D	-0.66%
CYBR	C	-0.66%
AROC	C	-0.66%
VRNS	C	-0.63%
MMYT	D	-0.33%
AMSC	D	-0.33%
ELF	F	-0.32%
CLS	C	-0.32%
SRPT	F	-0.31%
PINS	D	-0.31%
IBKR	A	-0.31%
HESM	D	-0.31%
GRMN	D	-0.31%
FN	C	-0.31%
CRWD	D	-0.31%
ARM	C	-0.31%
ARIS	C	-0.31%
ALKT	D	-0.31%
DDOG	D	-0.3%
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%