BOUT vs. VFV.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Innovator IBD Breakout Opportunities ETF (BOUT) and Vanguard S&P 500 Index ETF (VFV.TO).

BOUT and VFV.TO 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 Total Return Index. It was launched on Sep 13, 2018. VFV.TO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Nov 2, 2012. Both BOUT and VFV.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

BOUT vs. VFV.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator IBD Breakout Opportunities ETF (BOUT) and Vanguard S&P 500 Index ETF (VFV.TO). The values are adjusted to include any dividend payments, if applicable.

BOUT vs. VFV.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BOUT Innovator IBD Breakout Opportunities ETF	9.59%	-6.77%	18.82%	13.27%	-22.60%	22.69%	50.56%	20.59%	-29.80%
VFV.TO Vanguard S&P 500 Index ETF	-3.75%	17.56%	24.55%	26.04%	-18.43%	28.45%	17.93%	31.40%	-13.62%

Different Trading Currencies

BOUT is traded in USD, while VFV.TO is traded in CAD. To make them comparable, the VFV.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BOUT achieves a 9.59% return, which is significantly higher than VFV.TO's -4.36% return.

BOUT

• 1D: 1.26%
• 1M: -3.95%
• YTD: 9.59%
• 6M: 2.35%
• 1Y: 10.03%
• 3Y*: 9.30%
• 5Y*: 4.29%
• 10Y*: —

VFV.TO

• 1D: 0.00%
• 1M: -4.97%
• YTD: -4.36%
• 6M: -2.24%
• 1Y: 17.04%
• 3Y*: 18.00%
• 5Y*: 11.47%
• 10Y*: 13.70%

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

BOUT vs. VFV.TO - Expense Ratio Comparison

BOUT has a 0.80% expense ratio, which is higher than VFV.TO's 0.09% expense ratio.

BOUT

Innovator IBD Breakout Opportunities ETF

VFV.TO

Vanguard S&P 500 Index ETF

Return for Risk

BOUT vs. VFV.TO — Risk / Return Rank

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

BOUT

BOUT Risk / Return Rank: 25
BOUT Sharpe Ratio Rank: 25
BOUT Sortino Ratio Rank: 24
BOUT Omega Ratio Rank: 24
BOUT Calmar Ratio Rank: 29
BOUT Martin Ratio Rank: 26

VFV.TO

VFV.TO Risk / Return Rank: 43
VFV.TO Sharpe Ratio Rank: 41
VFV.TO Sortino Ratio Rank: 40
VFV.TO Omega Ratio Rank: 46
VFV.TO Calmar Ratio Rank: 42
VFV.TO Martin Ratio Rank: 44

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. VFV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator IBD Breakout Opportunities ETF (BOUT) and Vanguard S&P 500 Index ETF (VFV.TO). 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.

	BOUT	VFV.TO	Difference
Sharpe ratio Return per unit of total volatility	0.46	0.93	-0.47
Sortino ratio Return per unit of downside risk	0.74	1.44	-0.70
Omega ratio Gain probability vs. loss probability	1.10	1.22	-0.12
Calmar ratio Return relative to maximum drawdown	0.73	1.41	-0.68
Martin ratio Return relative to average drawdown	2.03	6.69	-4.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BOUT vs. VFV.TO - Sharpe Ratio Comparison

The current BOUT Sharpe Ratio is 0.46, which is lower than the VFV.TO Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of BOUT and VFV.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BOUT	VFV.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.46	0.93	-0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	0.68	-0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.81	-0.51

Correlation

The correlation between BOUT and VFV.TO is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BOUT vs. VFV.TO - Dividend Comparison

BOUT's dividend yield for the trailing twelve months is around 0.31%, less than VFV.TO's 0.96% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BOUT Innovator IBD Breakout Opportunities ETF	0.31%	0.34%	0.60%	1.32%	1.35%	0.00%	0.00%	0.00%	0.22%	0.00%	0.00%	0.00%
VFV.TO Vanguard S&P 500 Index ETF	0.96%	0.92%	0.99%	1.20%	1.31%	1.06%	1.33%	1.55%	1.68%	1.50%	1.66%	1.63%

Drawdowns

BOUT vs. VFV.TO - Drawdown Comparison

The maximum BOUT drawdown since its inception was -36.75%, which is greater than VFV.TO's maximum drawdown of -33.93%. Use the drawdown chart below to compare losses from any high point for BOUT and VFV.TO.

Drawdown Indicators

	BOUT	VFV.TO	Difference
Max Drawdown Largest peak-to-trough decline	-36.75%	-27.43%	-9.32%
Max Drawdown (1Y) Largest decline over 1 year	-13.73%	-12.52%	-1.21%
Max Drawdown (5Y) Largest decline over 5 years	-28.28%	-22.19%	-6.09%
Max Drawdown (10Y) Largest decline over 10 years	—	-27.43%	—
Current Drawdown Current decline from peak	-5.33%	-5.61%	+0.28%
Average Drawdown Average peak-to-trough decline	-12.55%	-3.39%	-9.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.96%	3.31%	+1.65%

Volatility

BOUT vs. VFV.TO - Volatility Comparison

Innovator IBD Breakout Opportunities ETF (BOUT) has a higher volatility of 7.26% compared to Vanguard S&P 500 Index ETF (VFV.TO) at 5.26%. This indicates that BOUT's price experiences larger fluctuations and is considered to be riskier than VFV.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BOUT	VFV.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.26%	5.26%	+2.00%
Volatility (6M) Calculated over the trailing 6-month period	17.22%	9.35%	+7.87%
Volatility (1Y) Calculated over the trailing 1-year period	21.77%	18.39%	+3.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.54%	16.88%	+2.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.96%	18.29%	+4.67%