BOUT vs. SMH
Compare and contrast key facts about Innovator IBD Breakout Opportunities ETF (BOUT) and VanEck Vectors Semiconductor ETF (SMH).
BOUT and SMH 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. SMH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Semiconductor 25 Index. It was launched on Dec 20, 2011. Both BOUT and SMH 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 SMH.
Correlation
The correlation between BOUT and SMH is 0.63, 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. SMH - Performance Comparison
Key characteristics
BOUT:
1.08
SMH:
1.18
BOUT:
1.55
SMH:
1.69
BOUT:
1.19
SMH:
1.21
BOUT:
1.14
SMH:
1.66
BOUT:
5.52
SMH:
4.10
BOUT:
3.43%
SMH:
10.05%
BOUT:
17.61%
SMH:
34.93%
BOUT:
-36.76%
SMH:
-95.73%
BOUT:
-6.41%
SMH:
-11.69%
Returns By Period
In the year-to-date period, BOUT achieves a 20.02% return, which is significantly lower than SMH's 42.05% return.
BOUT
20.02%
-2.84%
14.64%
20.02%
14.25%
N/A
SMH
42.05%
4.26%
-4.72%
41.28%
29.85%
27.76%
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BOUT vs. SMH - Expense Ratio Comparison
BOUT has a 0.84% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
BOUT vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator IBD Breakout Opportunities ETF (BOUT) and VanEck Vectors Semiconductor ETF (SMH). 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. SMH - Dividend Comparison
BOUT's dividend yield for the trailing twelve months is around 0.02%, while SMH has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BOUT Innovator IBD Breakout Opportunities ETF | 0.02% | 1.32% | 1.35% | 0.00% | 0.00% | 0.00% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.00% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
BOUT vs. SMH - Drawdown Comparison
The maximum BOUT drawdown since its inception was -36.76%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for BOUT and SMH. For additional features, visit the drawdowns tool.
Volatility
BOUT vs. SMH - Volatility Comparison
The current volatility for Innovator IBD Breakout Opportunities ETF (BOUT) is 6.18%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 8.37%. This indicates that BOUT experiences smaller price fluctuations and is considered to be less risky than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.