BOUT vs. SPY
Compare and contrast key facts about Innovator IBD Breakout Opportunities ETF (BOUT) and SPDR S&P 500 ETF (SPY).
BOUT and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both BOUT and SPY 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 SPY.
Correlation
The correlation between BOUT and SPY is 0.50, 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. SPY - Performance Comparison
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Key characteristics
BOUT:
10.04%
SPY:
20.32%
BOUT:
-1.20%
SPY:
-55.19%
BOUT:
-0.73%
SPY:
-4.60%
Returns By Period
BOUT
N/A
N/A
N/A
N/A
N/A
N/A
SPY
-0.23%
9.19%
-2.01%
13.36%
17.44%
12.59%
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BOUT vs. SPY - Expense Ratio Comparison
BOUT has a 0.84% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
BOUT vs. SPY — Risk-Adjusted Performance Rank
BOUT
SPY
BOUT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator IBD Breakout Opportunities ETF (BOUT) and SPDR S&P 500 ETF (SPY). 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.
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Dividends
BOUT vs. SPY - Dividend Comparison
BOUT's dividend yield for the trailing twelve months is around 0.69%, less than SPY's 1.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BOUT Innovator IBD Breakout Opportunities ETF | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.23% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BOUT vs. SPY - Drawdown Comparison
The maximum BOUT drawdown since its inception was -1.20%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BOUT and SPY. For additional features, visit the drawdowns tool.
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Volatility
BOUT vs. SPY - Volatility Comparison
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