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Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Innovator IBD Breakout Opportunities ETF

BOUT | ETF

$46.64

$15.9 M

0.27%

$0.12

0.80%

Vitals

YTD Return

28.9%

1 yr return

33.1%

3 Yr Avg Return

16.6%

5 Yr Avg Return

7.8%

Net Assets

$15.9 M

Holdings in Top 10

54.9%

52 WEEK LOW AND HIGH

$46.5
$35.05
$47.21

Expenses

OPERATING FEES

Expense Ratio 0.80%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Innovator IBD Breakout Opportunities ETF

BOUT | ETF

$46.64

$15.9 M

0.27%

$0.12

0.80%

BOUT - Profile

Distributions

  • YTD Total Return 28.9%
  • 3 Yr Annualized Total Return 16.6%
  • 5 Yr Annualized Total Return 7.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.07%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Innovator IBD Breakout Opportunities ETF
  • Fund Family Name
    Innovator ETFs Trust
  • Inception Date
    Sep 12, 2018
  • Shares Outstanding
    500000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Dustin Lewellyn

Fund Description

p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:12pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:justify;text-indent:0;widows:3;margin-top:12pt;"The Fund normally invests at least 80% of its net assets (including borrowings for investment purposes) in the equity securities that comprise the Index. The Fund generally invests in all of the securities comprising the Index in proportion to the weightings of the securities in the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund’s investment subspan class="nobreak"-adviser/span, Penserra Capital Management LLC (span class="Italic" style="font-style:italic;font-weight:normal;"“Penserra”/span or the span class="Italic" style="font-style:italic;font-weight:normal;"“Sub/spanspan class="nobreak"span class="Italic" style="font-style:italic;font-weight:normal;"-Adviser/span/spanspan class="Italic" style="font-style:italic;font-weight:normal;"”/span), seeks a correlation of 0.95 or better (before fees and expenses) between the Fund’s performance and the performance of the Index; a figure of 1.00 would represent perfect correlation./p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:12pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:justify;text-indent:0;widows:3;margin-top:12pt;"The Fund is classified as a “nonspan class="nobreak"-diversified/span company” under the 1940 Act. To the extent the Index concentrates (span class="Italic" style="font-style:italic;font-weight:normal;"i.e./span, holds 25% or more of its total assets) in the securities of a particular industry or group of industries, the Fund will concentrate its investments to approximately the same extent. As of the date of this prospectus, the Fund has significant exposure to the consumer discretionary, industrials and information technology sectors./p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:12pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:justify;text-indent:0;widows:3;margin-top:12pt;"The Index is a rulesspan class="nobreak"-based/span index owned and developed by Investor’s Business Dailyspan class="Superscript" style="vertical-align:super;font-size:58%;"®/span (span class="Italic" style="font-style:italic;font-weight:normal;"“IBD”/span or the span class="Italic" style="font-style:italic;font-weight:normal;"“Index Provider”/span) that seeks to provide opportunistic investment exposure to those stocks with the potential to “break out,” or experience a period of sustained price growth beyond the stock’s recent “resistance level,” with consideration for various market conditions. A stock’s resistance level is the price at which a stock has previously reached, but not exceeded. Determining a stock’s resistance level is part of a technical analysis of the stock and represents the top of its expected price trading range./p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:12pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:justify;text-indent:0;widows:3;margin-top:12pt;"The Index’s initial universe consists of the approximately 7,000 equity securities that trade on the New York Stock Exchange, The Nasdaq Stock Market, LLC or NYSE American, LLC. This initial universe is composed of U.S.span class="nobreak"-listed/span common stocks and American depositary receipts (span class="Italic" style="font-style:italic;font-weight:normal;"“ADRs”/span) issued by small, mid and large capitalization companies. Such securities may be issued by U.S. and nonspan class="nobreak"-U/span.S. companies, including companies operating in developed and emerging markets. This universe is initially narrowed down by excluding those stocks with a share price below $10 and those stocks without an average daily trading volume of at least 150,000span class="nobreak" /spanshares or a minimum average daily dollar volume of $5span class="nobreak" /spanmillion. The Index then determines a “base price” for each remaining stock. When a stock reaches a recent high in price and at least four weeks elapse without that high being surpassed, this price is identified as the base price. This base is used to determine those stocks nearing breakouts and those stocks experiencing breakouts. In making this determination, the Index utilizes an algorithm that analyses the following trends for each stock:/p p class="NL_m" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:48pt;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:justify;text-indent:-24pt;widows:3;margin-top:8pt;"1.span style="width: 16px;display: inline-block;"    /spanThe length of time from the start of the base to the current date./p p class="NL_m" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:48pt;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:justify;text-indent:-24pt;widows:3;margin-top:8pt;"2.span style="width: 16px;display: inline-block;"    /spanThe difference in price between the base start and the lowest subsequent price in the base./p p class="NL_m" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:48pt;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:justify;text-indent:-24pt;widows:3;margin-top:8pt;"3.span style="width: 16px;display: inline-block;"    /spanThe percentage difference between the current price and the high at the start of the base./p p class="NL_m" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:48pt;margin-right:0;margin-top:8pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:justify;text-indent:-24pt;widows:3;margin-top:8pt;"4.span style="width: 16px;display: inline-block;"    /spanThe percentage change in the stock’s price in each of the last three weeks./pp class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:12pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:justify;text-indent:0;widows:3;margin-top:12pt;"Based upon this technical analysis, the Index eliminates all stocks not identified as nearing a breakout or currently breaking out. Then, stocks are further eliminated that do not meet minimum technical and fundamental factors (primarily price performance, earnings growth, and sales growth)./p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:12pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:justify;text-indent:0;widows:3;margin-top:12pt;"Each of the remaining stocks is chosen for inclusion in the Index and is assigned a ranking score using IBD’s Composite Ranking, based upon the following components: Earnings Per Share Rating, Relative Price Strength Rating, Industry Group Relative Strength Rating, Sales Margins Return on Equity (SMR) Rating, Accumulation Distribution Rating and Percentage Deviation from 52span class="nobreak"-week/span Price High. The Index utilizes this ranking score to assign weights, with those stocks with higher rankings receiving larger weights. Securities with ranking scores placing them in approximately the 99span class="nobreak"-80th/span percentile of Index constituents have 35% of Index weight equally distributed among them. Securities with ranking scores placing them in approximately the 79span class="nobreak"-60th/span percentile of Index constituents have 30% of Index weight equally distributed among them. Securities with ranking scores placing them approximately in the 59span class="nobreak"-40th/span percentile of Index constituents have 20% of Index weight equally distributed among them. Securities with ranking scores placing them in approximately the 39span class="nobreak"-20th/span percentile of Index constituents have 10% of the Index weight equally distributed among them. The remaining securities have 5% of the Index weight equally distributed among them. Additional information regarding the Index’s weighting methodology is set forth in “Index Information—Index Composition.”/p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Times New Roman PS Std, serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:12pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:justify;text-indent:0;widows:3;margin-top:12pt;"The Index is rebalanced and reconstituted weekly. This weekly rebalancing and reconstituting of the Index will cause the Fund to have a higher portfolio turnover rate than similar funds./p
Read More

BOUT - Performance

Return Ranking - Trailing

Period BOUT Return Category Return Low Category Return High Rank in Category (%)
YTD 28.9% -12.4% 52.4% 1.69%
1 Yr 33.1% -20.3% 94.5% 9.49%
3 Yr 16.6%* -4.9% 35.5% 39.41%
5 Yr 7.8%* -6.1% 33.5% 15.33%
10 Yr N/A* 3.6% 51.6% 57.40%

* Annualized

Return Ranking - Calendar

Period BOUT Return Category Return Low Category Return High Rank in Category (%)
2025 -7.1% -46.8% 36.1% 60.13%
2024 18.1% -16.5% 83.2% 21.94%
2023 11.8% -27.7% 68.0% 80.72%
2022 -23.6% -85.6% 52.8% 12.15%
2021 22.7% -74.9% 238.3% 3.91%

Total Return Ranking - Trailing

Period BOUT Return Category Return Low Category Return High Rank in Category (%)
YTD 28.9% -12.4% 52.4% 1.69%
1 Yr 33.1% -20.3% 94.5% 9.49%
3 Yr 16.6%* -4.9% 35.5% 39.41%
5 Yr 7.8%* -6.1% 33.5% 15.33%
10 Yr N/A* 3.6% 51.6% N/A

* Annualized

Total Return Ranking - Calendar

Period BOUT Return Category Return Low Category Return High Rank in Category (%)
2025 -6.2% -20.1% 39.3% 94.73%
2024 18.8% -2.3% 88.8% 33.12%
2023 13.3% -26.1% 68.0% 89.62%
2022 -22.6% -67.0% 56.8% 18.98%
2021 22.7% -23.5% 342.2% 11.30%

BOUT - Holdings

Concentration Analysis

BOUT Category Low Category High BOUT % Rank
Net Assets 15.9 M 4.86 M 89.9 B 98.95%
Number of Holdings 54 17 3393 75.32%
Net Assets in Top 10 7.44 M 653 K 13.6 B 98.10%
Weighting of Top 10 54.94% 5.7% 97.9% 8.44%

Top 10 Holdings

  1. Mount Vernon Liquid Assets Portfolio, LLC 23.22%
  2. Sandisk Corp/DE 4.32%
  3. LivaNova PLC 3.69%
  4. Bilibili Inc 3.62%
  5. Amentum Holdings Inc 3.59%
  6. Medline Inc 3.41%
  7. Wayfair Inc 3.36%
  8. Legence Corp 3.34%
  9. VSE Corp 3.22%
  10. LB Pharmaceuticals Inc 3.18%

Asset Allocation

Weighting Return Low Return High BOUT % Rank
Stocks 		99.87% 49.15% 114.03% 13.50%
Cash 		23.40% 0.00% 50.67% 1.69%
Preferred Stocks 		0.00% 0.00% 15.48% 19.41%
Other 		0.00% -0.18% 14.15% 28.06%
Convertible Bonds 		0.00% 0.00% 0.05% 1.90%
Bonds 		0.00% 0.00% 2.74% 7.59%

Stock Sector Breakdown

Weighting Return Low Return High BOUT % Rank
Healthcare 		26.15% 0.00% 37.06% 5.70%
Basic Materials 		17.25% 0.00% 17.25% 0.21%
Communication Services 		15.28% 0.00% 16.67% 1.69%
Energy 		14.29% 0.00% 62.10% 4.22%
Utilities 		12.94% 0.00% 12.94% 0.21%
Technology 		5.95% 0.04% 62.17% 96.62%
Industrials 		5.95% 0.00% 38.23% 91.56%
Consumer Defense 		2.18% 0.00% 16.40% 52.32%
Real Estate 		0.00% 0.00% 19.28% 83.76%
Financial Services 		0.00% 0.00% 43.01% 96.84%
Consumer Cyclical 		0.00% 0.00% 57.41% 100.00%

Stock Geographic Breakdown

Weighting Return Low Return High BOUT % Rank
US 		99.87% 46.79% 114.03% 13.08%
Non US 		0.00% 0.00% 33.97% 24.68%

BOUT - Expenses

Operational Fees

BOUT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.80% 0.01% 6.54% 75.11%
Management Fee 0.80% 0.00% 1.50% 71.94%
12b-1 Fee 0.00% 0.00% 1.00% 1.15%
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

BOUT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

BOUT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BOUT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 250.31% N/A

BOUT - Distributions

Dividend Yield Analysis

BOUT Category Low Category High BOUT % Rank
Dividend Yield 0.27% 0.00% 33.43% 6.54%

Dividend Distribution Analysis

BOUT Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

BOUT Category Low Category High BOUT % Rank
Net Income Ratio -0.07% -2.24% 2.75% 14.89%

Capital Gain Distribution Analysis

BOUT Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

BOUT - Fund Manager Analysis

Managers

Dustin Lewellyn

Start Date

Tenure

Tenure Rank

Sep 12, 2018

3.72

3.7%

Dustin Lewellyn, CFA. Mr. Lewellyn has extensive background in institutional investment process with a specific focus on exchange-traded funds (“ETFs”). Mr. Lewellyn was a portfolio manager at BGI (now part of Blackrock), and he managed a number of international equity funds. Dustin also was head of ETF product management and product development at Northern Trust where he oversaw the build out and management of all areas of a new ETF business, including primary responsibility for the portfolio management process surrounding the ETFs. Mr. Lewellyn also built and ran a new ETF business for Charles Schwab, including having primary responsibility for the technology and investment process to support portfolio management for the ETFs. Mr. Lewellyn started a consulting business with a focus on ETFs and helped numerous new ETF sponsors, as well as service providers, understand the resource requirements to participate in the industry utilizing current best practices. Mr. Lewellyn holds a B.A. from University of Iowa and is a CFA Charterholder. He also holds security licenses 7, 63, 66 and 24.

Ernesto Tong

Start Date

Tenure

Tenure Rank

Sep 12, 2018

3.72

3.7%

Mr. Tong has been a managing director with Penserra since 2015. Prior to joining Penserra, Mr. Tong spent seven years as a vice president at Blackrock, where he was a portfolio manager for a number of the iShares ETFs, and prior to that, he spent two years in the firm’s index research group.

Anand Desai

Start Date

Tenure

Tenure Rank

Sep 12, 2018

3.72

3.7%

Anand Desai. Mr. Desai has been an Associate with Penserra since 2015. Prior to joining the Penserra Capital Management, LLC, Mr. Desai was a portfolio fund accountant at State Street for five years.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 36.3 9.62 11.76

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