Key stats
About Innovator IBD Breakout Opportunities ETF
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Inception date
Sep 13, 2018
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Innovator Capital Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US45782C7636
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Finance
Electronic Technology
Stocks99.79%
Technology Services32.31%
Finance17.24%
Electronic Technology15.25%
Health Technology8.92%
Producer Manufacturing6.99%
Industrial Services6.49%
Consumer Services4.69%
Retail Trade3.22%
Non-Energy Minerals2.63%
Commercial Services1.30%
Consumer Durables0.38%
Health Services0.36%
Bonds, Cash & Other0.21%
Cash0.21%
Stock breakdown by region
North America90.97%
Europe5.05%
Asia3.60%
Africa0.38%
Latin America0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BOUT invests in stocks. The fund's major sectors are Technology Services, with 32.31% stocks, and Finance, with 17.24% of the basket. The assets are mostly located in the North America region.
BOUT top holdings are MasTec, Inc. and Kratos Defense & Security Solutions, Inc., occupying 3.33% and 3.27% of the portfolio correspondingly.
BOUT last dividends amounted to 0.23 USD. The year before, the issuer paid 0.01 USD in dividends, which shows a 97.41% increase.
BOUT assets under management is 11.80 M USD. It's risen 4.13% over the last month.
BOUT fund flows account for −1.80 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BOUT pays dividends to its holders with the dividend yield of 1.03%. The last dividend (Jan 2, 2025) amounted to 0.23 USD. The dividends are paid annually.
BOUT shares are issued by Innovator Capital Management LLC under the brand Innovator. The ETF was launched on Sep 13, 2018, and its management style is Passive.
BOUT expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
BOUT follows the IBD Breakout Stocks Total Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BOUT invests in stocks.
BOUT price has risen by 1.15% over the last month, and its yearly performance shows a 4.89% increase. See more dynamics on BOUT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.09% over the last month, showed a 7.75% increase in three-month performance and has increased by 6.04% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.09% over the last month, showed a 7.75% increase in three-month performance and has increased by 6.04% in a year.
BOUT trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.