SFYX vs. BOUT

Last updated Jun 4, 2026

SFYX (SoFi Next 500 ETF) and BOUT (Innovator IBD Breakout Opportunities ETF) are both Mid Cap Growth Equities funds - SFYX tracks the Solactive SoFi US Next 500 Growth Index while BOUT tracks the IBD Breakout Stocks Total Return Index. Both are passively managed. A 0.72 correlation means they provide meaningful diversification when combined. SFYX charges 0.00%/yr vs 0.80%/yr for BOUT.

Performance

SFYX vs. BOUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SoFi Next 500 ETF (SFYX) and Innovator IBD Breakout Opportunities ETF (BOUT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SFYX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BOUT

• 1D: -0.01%
• 1M: 5.85%
• YTD: 31.39%
• 6M: 30.30%
• 1Y: 35.27%
• 3Y*: 17.42%
• 5Y*: 8.25%
• 10Y*: —

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

SFYX vs. BOUT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SFYX SoFi Next 500 ETF	5.66%	14.25%	14.45%	17.70%	-22.88%	18.89%	17.63%	6.95%
BOUT Innovator IBD Breakout Opportunities ETF	31.39%	-6.77%	18.82%	13.27%	-22.60%	22.69%	50.56%	2.64%

Correlation

The correlation between SFYX and BOUT is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (All Time) Calculated using the full available price history since Apr 12, 2019	0.72

The correlation between SFYX and BOUT shifts across timeframes, from 0.61 (1 year) to 0.74 (5 years), reflecting how their relationship changes across market environments.

SFYX vs. BOUT - Sectors Allocation Comparison

Sectors	SFYX	BOUT
Industrials	20.5%	9.7%
Technology	16.9%	28.4%
Financial Services	15.9%	22.9%
Healthcare	12.1%	2.6%
Consumer Cyclical	9.9%	8.5%
Real Estate	6.4%	3.5%
Communication Services	4.5%	2.0%
Energy	4.5%	3.1%
Basic Materials	3.2%	9.9%
Consumer Defensive	3.0%	9.7%
Utilities	2.2%	7.0%

Return for Risk

SFYX vs. BOUT — Risk / Return Rank

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

BOUT

BOUT Risk / Return Rank: 51
BOUT Sharpe Ratio Rank: 49
BOUT Sortino Ratio Rank: 47
BOUT Omega Ratio Rank: 46
BOUT Calmar Ratio Rank: 61
BOUT Martin Ratio Rank: 53

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.

SFYX vs. BOUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SoFi Next 500 ETF (SFYX) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SFYX	BOUT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.71	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.41	—

Drawdowns

Drawdown Indicators

	SFYX	BOUT	Difference
Max Drawdown Largest peak-to-trough decline	—	-36.75%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.76%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-25.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.28%	—
Current Drawdown Current decline from peak	—	-0.01%	—
Average Drawdown Average peak-to-trough decline	—	-12.29%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.93%	—

Volatility

Volatility by Period

	SFYX	BOUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.96%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	20.79%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	19.48%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	22.93%	—

SFYX vs. BOUT - Expense Ratio Comparison

SFYX has a 0.00% expense ratio, which is lower than BOUT's 0.80% expense ratio.

Dividends

SFYX vs. BOUT - Dividend Comparison

SFYX's dividend yield for the trailing twelve months is around 1.36%, more than BOUT's 0.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BOUT Innovator IBD Breakout Opportunities ETF	0.26%	0.34%	0.60%	1.32%	1.35%	0.00%	0.00%	0.00%	0.22%
SFYX SoFi Next 500 ETF	1.36%	1.44%	1.25%	1.51%	1.56%	0.90%	1.16%	1.02%	0.00%

Frequently Asked Questions

Can I hold both SFYX and BOUT in my portfolio?

SFYX and BOUT have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SFYX or BOUT?

On fees, SFYX is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SFYX or BOUT?

SFYX is cheaper with a 0.00% expense ratio, compared with 0.80% for BOUT.

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

SFYX has the higher dividend yield at 1.36%, compared with 0.26% for BOUT.

What is the main difference between SFYX and BOUT?

SFYX tracks Solactive SoFi US Next 500 Growth Index, while BOUT tracks IBD Breakout Stocks Total Return Index. They also come from different issuers: Toroso Investments and Innovator. Their fees differ too: 0.00% for SFYX and 0.80% for BOUT.