BOUT
Innovator IBD Breakout Opportunities ETF
📎 Investment Objective
The Innovator IBD Breakout Opportunities ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the IBD Breakout Stocks Index.
Overview
ETF tracking Innovator IBD Breakout Opportunities ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Innovator IBD Breakout Opportunities ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the IBD Breakout Stocks Index.
🎯 Investment Strategy
The fund uses a passive or indexing investment approach to try to achieve its investment objective. It generally invests in a representative sample of securities included in the IBD Breakout Stocks Index that collectively has an investment profile similar to the index.
✨ Key Features
- Passively tracks the IBD Breakout Stocks Index, which is designed to identify stocks that have recently broken out of trading ranges and may be poised for further gains.
- Utilizes a sampling strategy to replicate the index performance, rather than holding all the index constituents.
- Relatively low expense ratio of 0.00%.
- Relatively new fund with limited performance history.
⚠️ Primary Risks
- Equity market risk, as the fund invests in stocks which are subject to market fluctuations.
- Tracking error risk, as the fund may not perfectly replicate the index performance.
- Concentration risk, as the fund is focused on a specific investment strategy (breakout stocks).
- Liquidity risk, as the fund may have difficulty trading some of its holdings.
👤 Best For
This ETF may be suitable for investors seeking exposure to a portfolio of stocks that have recently broken out of trading ranges, with the potential for further upside. However, the fund's limited history and concentrated strategy make it a higher-risk investment, best suited for investors with a higher risk tolerance and a longer-term investment horizon.