BOUT vs. BBHM

Last updated Jun 24, 2026

BOUT (Innovator IBD Breakout Opportunities ETF) and BBHM (BBH Select Mid Cap ETF) are both Mid Cap Growth Equities funds - BOUT tracks the IBD Breakout Stocks Total Return Index while BBHM tracks the Actively Managed. Both are passively managed. A 0.69 correlation means they provide meaningful diversification when combined. BOUT charges 0.80%/yr vs 0.81%/yr for BBHM.

Performance

BOUT vs. BBHM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator IBD Breakout Opportunities ETF (BOUT) and BBH Select Mid Cap ETF (BBHM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BOUT achieves a 31.88% return, which is significantly higher than BBHM's 3.11% return.

BOUT

• 1D: -1.91%
• 1M: 3.56%
• YTD: 31.88%
• 6M: 28.55%
• 1Y: 34.68%
• 3Y*: 16.89%
• 5Y*: 8.29%
• 10Y*: —

BBHM

• 1D: -0.85%
• 1M: 2.63%
• YTD: 3.11%
• 6M: 1.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BOUT vs. BBHM - Yearly Performance Comparison

	2026 (YTD)	2025
BOUT Innovator IBD Breakout Opportunities ETF	31.88%	0.17%
BBHM BBH Select Mid Cap ETF	3.11%	0.98%

Correlation

The correlation between BOUT and BBHM is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025	0.69

Return for Risk

BOUT vs. BBHM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BOUT

BOUT Risk / Return Rank: 51
BOUT Sharpe Ratio Rank: 49
BOUT Sortino Ratio Rank: 45
BOUT Omega Ratio Rank: 45
BOUT Calmar Ratio Rank: 64
BOUT Martin Ratio Rank: 54

BBHM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BOUT vs. BBHM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator IBD Breakout Opportunities ETF (BOUT) and BBH Select Mid Cap ETF (BBHM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BOUT	BBHM	Difference
Sharpe ratio: Return per unit of total volatility	1.59	—	—
Sortino ratio: Return per unit of downside risk	2.17	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	2.96	—	—
Martin ratio: Return relative to average drawdown	8.76	—	—

Drawdowns

BOUT vs. BBHM - Drawdown Comparison

The maximum BOUT drawdown since its inception was -36.98%, which is greater than BBHM's maximum drawdown of -9.78%. Use the drawdown chart below to compare losses from any high point for BOUT and BBHM.

Drawdown Indicators

	BOUT	BBHM	Difference
Max Drawdown Largest peak-to-trough decline	-36.98%	-9.78%	-27.20%
Max Drawdown (1Y) Largest decline over 1 year	-11.76%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.31%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.28%	—	—
Current Drawdown Current decline from peak	-1.91%	-4.05%	+2.14%
Average Drawdown Average peak-to-trough decline	-12.29%	-2.97%	-9.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.97%	—	—

Volatility

Volatility by Period

	BOUT	BBHM	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.22%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.92%	18.20%	+3.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.71%	18.20%	+1.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.00%	18.20%	+4.80%

BOUT vs. BBHM - Expense Ratio Comparison

BOUT has a 0.80% expense ratio, which is lower than BBHM's 0.81% expense ratio.

Dividends

BOUT vs. BBHM - Dividend Comparison

BOUT's dividend yield for the trailing twelve months is around 0.26%, while BBHM has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BBHM BBH Select Mid Cap ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BOUT Innovator IBD Breakout Opportunities ETF	0.26%	0.34%	0.60%	1.32%	1.35%	0.00%	0.00%	0.00%	0.22%

Frequently Asked Questions

Can I hold both BOUT and BBHM in my portfolio?

BOUT and BBHM have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BOUT or BBHM?

On fees, BOUT is cheaper at 0.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BOUT or BBHM?

BOUT is cheaper with a 0.80% expense ratio, compared with 0.81% for BBHM.

Which ETF pays a higher dividend yield, BOUT or BBHM?

BOUT has the higher dividend yield at 0.26%, compared with 0.00% for BBHM.

What is the main difference between BOUT and BBHM?

BOUT tracks IBD Breakout Stocks Total Return Index, while BBHM tracks Actively Managed. They also come from different issuers: Innovator and BBH. Their fees differ too: 0.80% for BOUT and 0.81% for BBHM.