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ETFs

Innovator IBD Breakout Opportunities ETF

BOUT
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Sep 13, 2018
Expense Ratio
0.81%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$36,087
AUM
$12,136,000
Associated Index
IBD Breakout Stocks Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

PGR
Progressive Corp.
6.19%
AIG
American International Group Inc
6.03%
NVS
Novartis AG - ADR
5.9%
AMH
American Homes 4 Rent - Ordinary Shares - Class A
5.63%
UBER
Uber Technologies Inc
5.6%
DKNG
DraftKings Inc. - Ordinary Shares - Class A
5.36%
HSBC
HSBC Holdings plc - ADR
5.17%
SHEL
Shell Plc - ADR (Representing - Ordinary Shares)
5.12%
NTAP
Netapp Inc
5.02%
RSG
Republic Services, Inc.
5.01%
Invest with BOUT
Trade BOUT Options

What is BOUT?

The Innovator IBD Breakout Opportunities ETF seeks to provide exposure to the investment results of the IBD Breakout Stocks Index. The Index leverages decades of Investors Business Daily research and seeks to identify stock breakout opportunities, or stocks poised to experience a period of sustained price growth beyond the securitys recent "resistance level", with consideration for various market conditions.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

BOUT
Performance Measures**

for the time period Sep 13, 2018 to Dec 4, 2025

Returns

1M Trailing Return: -0.0%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -3.1%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -36.7%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 22.9%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.38

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.17

The annualized return divided by the max drawdown for the selected time period.

ETFs related toBOUT

ETFs correlated to BOUT include FNY, FEX, AVUS

BOUT
Innovator ETFs Trust - Innovator IBD(R) Breakout Opportunities ETF
FNY
First Trust Exchange-Traded Fund III - First Trust Mid Cap Growth AlphaDEX Fund
FEX
First Trust Exchange-Traded Fund III - First Trust Large Cap Core AlphaDEX Fund
AVUS
American Century ETF Trust - Avantis U.S. Equity ETF
DFAC
Dimensional ETF Trust - Dimensional U.S. Core Equity 2 ETF
VFQY
Vanguard Group, Inc. - Vanguard U.S. Quality Factor ETF
VFMO
Vanguard Group, Inc. - Vanguard U.S. Momentum Factor ETF
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF
IYJ
BlackRock Institutional Trust Company N.A. - iShares U.S. Industrials ETF
JVAL
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Value Factor ETF
PDP
Invesco Capital Management LLC - Invesco Dorsey Wright Momentum ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

BOUT is a US Equities ETF. The Innovator IBD Breakout Opportunities ETF seeks to provide exposure to the investment results of the IBD Breakout Stocks Index. The Index leverages decades of Investors Business Daily research and seeks to identify stock breakout opportunities, or stocks poised to experience a period of sustained price growth beyond the securitys recent "resistance level", with consideration for various market conditions.

BOUT tracks the IBD Breakout Stocks Index.

No, BOUT is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, BOUT is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BOUT is -0.0096%. This is the percent change in the value of BOUT over the most recent 1-month period. The 3-month return on BOUT is -0.0155%. This is the percent change in the value of BOUT over the most recent 3-month period.

The standard deviation of BOUT for the past year is 0.1839%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BOUT include IWO, VTV, and VUG.

ETFs correlated to BOUT include FNY, FEX, and AVUS.

ETFs that are inversely correlated to BOUT include RWM, SH, and TWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.