BOUT vs. QQQ
Compare and contrast key facts about Innovator IBD Breakout Opportunities ETF (BOUT) and Invesco QQQ (QQQ).
BOUT and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BOUT is a passively managed fund by Innovator that tracks the performance of the IBD Breakout Stocks Index. It was launched on Sep 13, 2018. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both BOUT and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BOUT or QQQ.
Correlation
The correlation between BOUT and QQQ is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BOUT vs. QQQ - Performance Comparison
Key characteristics
BOUT:
1.60
QQQ:
1.85
BOUT:
2.22
QQQ:
2.43
BOUT:
1.28
QQQ:
1.33
BOUT:
1.71
QQQ:
2.45
BOUT:
8.08
QQQ:
8.74
BOUT:
3.45%
QQQ:
3.79%
BOUT:
17.43%
QQQ:
18.00%
BOUT:
-36.76%
QQQ:
-82.98%
BOUT:
-5.08%
QQQ:
-2.38%
Returns By Period
In the year-to-date period, BOUT achieves a 2.44% return, which is significantly lower than QQQ's 2.60% return.
BOUT
2.44%
-5.08%
14.28%
27.30%
14.50%
N/A
QQQ
2.60%
-0.21%
5.79%
32.99%
20.13%
18.71%
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BOUT vs. QQQ - Expense Ratio Comparison
BOUT has a 0.84% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
BOUT vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator IBD Breakout Opportunities ETF (BOUT) and Invesco QQQ (QQQ). 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.
Dividends
BOUT vs. QQQ - Dividend Comparison
BOUT's dividend yield for the trailing twelve months is around 0.58%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BOUT Innovator IBD Breakout Opportunities ETF | 0.58% | 0.60% | 1.32% | 1.35% | 0.00% | 0.00% | 0.00% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
BOUT vs. QQQ - Drawdown Comparison
The maximum BOUT drawdown since its inception was -36.76%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BOUT and QQQ. For additional features, visit the drawdowns tool.
Volatility
BOUT vs. QQQ - Volatility Comparison
Innovator IBD Breakout Opportunities ETF (BOUT) and Invesco QQQ (QQQ) have volatilities of 6.06% and 5.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.