KOMP vs. BOUT

Last updated Aug 4, 2026

KOMP (State Street SPDR S&P Kensho New Economies Composite ETF) and BOUT (Innovator IBD Breakout Opportunities ETF) are both exchange-traded funds - KOMP is a Technology Equities fund tracking the S&P Kensho New Economies Composite Index, while BOUT is a Mid Cap Growth Equities fund tracking the IBD Breakout Stocks Total Return Index. Both are passively managed. Over the past 5 years, KOMP returned 2.00%/yr vs 6.87%/yr for BOUT. Their 0.74 correlation means they have sometimes moved together and sometimes differently. KOMP charges 0.20%/yr vs 0.80%/yr for BOUT.

Performance

KOMP vs. BOUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR S&P Kensho New Economies Composite ETF (KOMP) and Innovator IBD Breakout Opportunities ETF (BOUT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KOMP achieves a 10.19% return, which is significantly lower than BOUT's 27.28% return.

KOMP

• 1D: -0.09%
• 1M: -5.47%
• 6M: 4.36%
• YTD: 10.19%
• 1Y: 21.97%
• 3Y*: 13.12%
• 5Y*: 2.00%
• 10Y*: —
• ALL TIME*: 12.11%

BOUT

• 1D: -0.06%
• 1M: -1.78%
• 6M: 17.42%
• YTD: 27.28%
• 1Y: 26.42%
• 3Y*: 13.48%
• 5Y*: 6.87%
• 10Y*: —
• ALL TIME*: 8.59%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BOUT Innovator IBD Breakout Opportunities ETF	$53.88K	$109.20K	$102.51K
KOMP State Street SPDR S&P Kensho New Economies Composite ETF	$3.68M	$4.72M	$6.88M

KOMP vs. BOUT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
KOMP State Street SPDR S&P Kensho New Economies Composite ETF	10.19%	19.74%	10.05%	20.09%	-32.21%	3.67%	61.28%	37.12%	-10.32%
BOUT Innovator IBD Breakout Opportunities ETF	27.28%	-6.77%	18.82%	13.27%	-22.60%	22.69%	50.56%	20.59%	-18.09%

Correlation

The correlation between KOMP and BOUT is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.76
Correlation (3Y) Balances recent behavior with more history.	0.79
Correlation (5Y) Shows whether the relationship held over a longer period.	0.75
Correlation (All Time) Calculated using the full available price history since Oct 23, 2018	0.74

The correlation between KOMP and BOUT has been stable across timeframes, ranging from 0.74 to 0.79 - a consistent structural relationship.

KOMP vs. BOUT - Sectors Allocation Comparison

Sectors	KOMP	BOUT
Technology	38.9%	26.9%
Industrials	25.7%	5.4%
Healthcare	12.9%	7.8%
Consumer Cyclical	6.0%	8.7%
Communication Services	4.2%	3.3%
Financial Services	4.0%	37.6%
Utilities	3.6%	7.0%
Basic Materials	3.0%	8.1%
Energy	1.3%	0.4%
Consumer Defensive	0.5%	0.9%
Real Estate	-	4.3%

Return for Risk

KOMP vs. BOUT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

KOMP

KOMP Risk / Return Rank: 33
KOMP Sharpe Ratio Rank: 31
KOMP Sortino Ratio Rank: 31
KOMP Omega Ratio Rank: 30
KOMP Calmar Ratio Rank: 36
KOMP Martin Ratio Rank: 34

BOUT

BOUT Risk / Return Rank: 49
BOUT Sharpe Ratio Rank: 45
BOUT Sortino Ratio Rank: 44
BOUT Omega Ratio Rank: 43
BOUT Calmar Ratio Rank: 61
BOUT Martin Ratio Rank: 51

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

KOMP vs. BOUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR S&P Kensho New Economies Composite ETF (KOMP) and Innovator IBD Breakout Opportunities ETF (BOUT). 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.

	KOMP	BOUT	Difference
Sharpe ratio: Return per unit of total volatility	0.76	1.18	-0.42
Sortino ratio: Return per unit of downside risk	1.18	1.68	-0.50
Omega ratio: Gain probability vs. loss probability	1.14	1.21	-0.07
Calmar ratio: Return relative to maximum drawdown	1.27	2.26	-0.99
Martin ratio: Return relative to average drawdown	3.28	6.31	-3.03

KOMP vs. BOUT - Sharpe Ratio Comparison

The current KOMP Sharpe Ratio is 0.76, which is lower than the BOUT Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of KOMP and BOUT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KOMP vs. BOUT - Drawdown Comparison

The maximum KOMP drawdown since its inception was -50.06%, which is greater than BOUT's maximum drawdown of -36.98%. Use the drawdown chart below to compare losses from any high point for KOMP and BOUT.

Drawdown Indicators

	KOMP	BOUT	Difference
Max Drawdown Largest peak-to-trough decline	-50.06%	-36.98%	-13.08%
Max Drawdown (1Y) Largest decline over 1 year	-15.57%	-11.76%	-3.81%
Max Drawdown (3Y) Largest decline over 3 years	-24.93%	-25.31%	+0.38%
Max Drawdown (5Y) Largest decline over 5 years	-45.38%	-28.28%	-17.10%
Current Drawdown Current decline from peak	-12.68%	-5.56%	-7.12%
Average Drawdown Average peak-to-trough decline	-21.42%	-12.18%	-9.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.01%	4.20%	+1.81%

Volatility

KOMP vs. BOUT - Volatility Comparison

State Street SPDR S&P Kensho New Economies Composite ETF (KOMP) has a higher volatility of 7.89% compared to Innovator IBD Breakout Opportunities ETF (BOUT) at 4.96%. This indicates that KOMP's price experiences larger fluctuations and is considered to be riskier than BOUT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KOMP	BOUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.89%	4.96%	+2.93%
Volatility (6M) Calculated over the trailing 6-month period	20.56%	17.53%	+3.03%
Volatility (1Y) Calculated over the trailing 1-year period	25.79%	22.54%	+3.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.22%	19.79%	+5.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.12%	22.96%	+4.16%

KOMP vs. BOUT - Expense Ratio Comparison

KOMP has a 0.20% expense ratio, which is lower than BOUT's 0.80% expense ratio.

Dividends

KOMP vs. BOUT - Dividend Comparison

KOMP's dividend yield for the trailing twelve months is around 1.58%, more than BOUT's 0.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BOUT Innovator IBD Breakout Opportunities ETF	0.27%	0.34%	0.60%	1.32%	1.35%	0.00%	0.00%	0.00%	0.22%
KOMP State Street SPDR S&P Kensho New Economies Composite ETF	1.58%	1.84%	1.04%	1.27%	1.47%	1.44%	0.69%	0.81%	0.13%

Frequently Asked Questions

Can I hold both KOMP and BOUT in my portfolio?

KOMP and BOUT have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KOMP or BOUT?

KOMP has higher volatility (7.89%) compared to BOUT (4.96%). In terms of maximum drawdown, KOMP dropped -50.06% vs BOUT's -36.98%.

Which ETF is better, KOMP or BOUT?

On 5-year performance, BOUT leads with 6.87% vs 2.00% for KOMP. On fees, KOMP is cheaper at 0.20% per year. On volatility, BOUT has been the lower-risk option at 4.96%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KOMP or BOUT?

Over the 5-year period, BOUT has performed better with a 6.87% return vs 2.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KOMP or BOUT?

KOMP is cheaper with a 0.20% expense ratio, compared with 0.80% for BOUT.

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

KOMP has the higher dividend yield at 1.58%, compared with 0.27% for BOUT.

What is the main difference between KOMP and BOUT?

KOMP is categorized as Technology Equities, while BOUT is Mid Cap Growth Equities. KOMP tracks S&P Kensho New Economies Composite Index, while BOUT tracks IBD Breakout Stocks Total Return Index. They also come from different issuers: State Street and Innovator. Their fees differ too: 0.20% for KOMP and 0.80% for BOUT.

Which has better risk-adjusted returns?

BOUT currently has the higher Sharpe Ratio (1.18 vs 0.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.