BOUT
CapForce IBD® Breakout Opportunities ETF
The CapForce IBD® Breakout Opportunities ETF seeks to provide exposure to the investment results of the IBD® Breakout Stocks Index. The Index leverages decades of Investor’s Business Daily® research and seeks to identify stock breakout opportunities, or stocks poised to experience a period of sustained price growth beyond the security's recent “resistance level”, with consideration for various market conditions.
Targeting Breakout Market Opportunities
The CapForce IBD® Breakout Opportunities ETF seeks to provide exposure to the investment results of the IBD® Breakout Stocks Index. The Index leverages decades of Investor’s Business Daily® research and seeks to identify stock breakout opportunities, or stocks poised to experience a period of sustained price growth beyond the security's recent "resistance level", with consideration for various market conditions.
BOUT’s methodology applies objective selection criteria and regular rebalancing to help maintain exposure to securities meeting its technical and fundamental parameters. The fund’s systematic structure removes discretionary decision‑making, emphasizing transparency and discipline over subjective judgment.
What Sets BOUT Apart
Rules-Based Process
Utilizes a quantitative screening approach for stock selection and weighting.
Momentum Focus
Targets companies displaying measurable strength in earnings and relative price performance.
Dynamic Rebalancing
Reviews index components on a regular schedule to align with current inputs.
Transparent Portfolio
Publishes holdings daily for clarity and consistency.
ETF Efficiency
Delivers the liquidity, transparency, and structural benefits available through exchange‑traded funds.
Fund Details
| Listing Date | September 13, 2018 |
| Fund Name | CapForce IBD® Breakout Opportunities ETF |
| Ticker | BOUT |
| Exchange | NYSE Arca |
| CUSIP | 45782C763 |
| Index | IBD Breakout Stocks Index (IBDBOUTT) |
| Expense Ratio | 0.80% |
| NAV | $45.38 |
| Market Price | $45.30 |
| Premium / Discount | -0.17% |
| Median 30-Day Spread* | 0.48% |
| Number of Holdings | 83 |
| Shares Outstanding | 350,000 |
| Net Assets | $15,883,299.09 |
*Median 30-Day Spread is a calculation of Fund's median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund's national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
Performance
| 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| BOUT NAV | -3.69% | 8.38% | 1.13% | 8.38% | 8.77% | 8.89% | 4.30% | 6.73% |
| BOUT Market Price | -3.79% | 8.23% | 1.16% | 8.23% | 8.69% | 8.86% | 4.25% | 6.72% |
| IBD Breakout Stocks Total Return Index | -3.58% | 8.67% | 1.62% | 8.67% | 10.05% | 10.31% | 5.59% | 8.09% |
| S&P 500 Total Return Index | -4.98% | -4.33% | -1.79% | -4.33% | 17.80% | 18.32% | 12.06% | 13.21% |
| 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | Since Inception | |
|---|---|---|---|---|---|---|---|
| BOUT NAV | 8.38% | 1.13% | 8.38% | 8.77% | 8.89% | 4.30% | 6.73% |
| BOUT Market Price | 8.23% | 1.16% | 8.23% | 8.69% | 8.86% | 4.25% | 6.72% |
| IBD Breakout Stocks Total Return Index | 8.67% | 1.62% | 8.67% | 10.05% | 10.31% | 5.59% | 8.09% |
| S&P 500 Total Return Index | -4.33% | -1.79% | -4.33% | 17.80% | 18.32% | 12.06% | 13.21% |
The Fund was incepted on 9/13/2018.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling (800)-324-3998.
Short term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns.
Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.
NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.
S&P 500 TR Index: The S&P 500 Total Return Index — a market-capitalization-weighted index of 500 large U.S. companies that assumes reinvestment of dividends. Daily levels shown on the chart are derived from the SPDR S&P 500 ETF (SPY) adjusted close, which approximates the index within typical tracking error. The Fund is not designed to track this index.
IBD® Breakout Stocks Index: The Fund’s underlying index — a proprietary index calculated by Investor’s Business Daily® that identifies stocks displaying breakout characteristics. Index returns shown in the performance table are gross of fund operating expenses and are not directly investable.
Holdings
| Name | Ticker | Sector | Weight |
|---|---|---|---|
| Rush Street Interactive Inc | RSI | Consumer Cyclical |
2.51%
|
| Sandisk Corp/DE | SNDK | Technology |
2.37%
|
| Axogen Inc | AXGN | Healthcare |
2.32%
|
| Iron Mountain Inc | IRM | Real Estate |
2.29%
|
| MapLight Therapeutics Inc | MPLT | Healthcare |
2.27%
|
| HMH Holding Inc | HMH | Energy |
2.22%
|
| Golar LNG Ltd | GLNG | Energy |
2.20%
|
| Janus Living Inc | JAN | Industrials |
2.20%
|
| Solv Energy Inc | MWH | Utilities |
2.16%
|
| Popular Inc | BPOP | Financial Services |
2.15%
|
| Weatherford International PLC | WFRD | Energy |
2.14%
|
| Cameco Corp | CCJ | Energy |
2.13%
|
| Steel Dynamics Inc | STLD | Basic Materials |
2.13%
|
| BHP Group Ltd | BHP | Basic Materials |
2.10%
|
| Kennametal Inc | KMT | Industrials |
2.08%
|
| XPO Inc | XPO | Industrials |
2.08%
|
| Intel Corp | INTC | Technology |
2.07%
|
| Avnet Inc | AVT | Technology |
1.89%
|
| Interactive Brokers Group Inc | IBKR | Financial Services |
1.87%
|
| Cathay General Bancorp | CATY | Financial Services |
1.86%
|
| Enova International Inc | ENVA | Financial Services |
1.84%
|
| BorgWarner Inc | BWA | Consumer Cyclical |
1.83%
|
| Modine Manufacturing Co | MOD | Consumer Cyclical |
1.83%
|
| Ameris Bancorp | ABCB | Financial Services |
1.82%
|
| Dover Corp | DOV | Industrials |
1.82%
|
| Kontoor Brands Inc | KTB | Consumer Cyclical |
1.82%
|
| Viking Holdings Ltd | VIK | Consumer Cyclical |
1.81%
|
| Arrowhead Pharmaceuticals Inc | ARWR | Healthcare |
1.80%
|
| Vishay Precision Group Inc | VPG | Technology |
1.80%
|
| Cargurus Inc | CARG | Consumer Cyclical |
1.75%
|
| Kaiser Aluminum Corp | KALU | Basic Materials |
1.74%
|
| Corning Inc | GLW | Technology |
1.69%
|
| Alphabet Inc | GOOGL | Communication Services |
1.36%
|
| Forgent Power Solutions Inc | FPS | Industrials |
1.29%
|
| EMCOR Group Inc | EME | Industrials |
1.26%
|
| FedEx Corp | FDX | Industrials |
1.26%
|
| Customers Bancorp Inc | CUBI | Financial Services |
1.24%
|
| Trane Technologies PLC | TT | Industrials |
1.24%
|
| Cognex Corp | CGNX | Technology |
1.23%
|
| EnerSys | ENS | Industrials |
1.22%
|
| Arrow Electronics Inc | ARW | Technology |
1.21%
|
| ATI Inc | ATI | Industrials |
1.21%
|
| Bank of New York Mellon Corp/The | BK | Financial Services |
1.21%
|
| TD SYNNEX Corp | SNX | Technology |
1.21%
|
| Exelixis Inc | EXEL | Healthcare |
1.19%
|
| First Bancorp/Southern Pines NC | FBNC | Financial Services |
1.19%
|
| Monster Beverage Corp | MNST | Consumer Defensive |
1.19%
|
| API Group Corp | APG | Industrials |
1.13%
|
| First American Treasury Obligations Fund 01/01/2040 | FXFXX |
0.98%
|
|
| Silicon Motion Technology Corp | SIMO | Technology |
0.87%
|
| Sanmina Corp | SANM | Technology |
0.68%
|
| Primoris Services Corp | PRIM | Industrials |
0.64%
|
| Sociedad Quimica y Minera de Chile SA | SQM | Basic Materials |
0.63%
|
| Vista Energy SAB de CV | VIST | Energy |
0.63%
|
| Dorian LPG Ltd | LPG | Energy |
0.62%
|
| Texas Instruments Inc | TXN | Technology |
0.62%
|
| Axos Financial Inc | AX | Financial Services |
0.61%
|
| ESCO Technologies Inc | ESE | Technology |
0.61%
|
| Hamilton Insurance Group Ltd | HG | Financial Services |
0.60%
|
| Douglas Dynamics Inc | PLOW | Consumer Cyclical |
0.60%
|
| SPX Technologies Inc | SPXC | Industrials |
0.60%
|
| Terreno Realty Corp | TRNO | Real Estate |
0.60%
|
| Atour Lifestyle Holdings Ltd | ATAT | Consumer Cyclical |
0.59%
|
| Coherent Corp | COHR | Technology |
0.58%
|
| LeMaitre Vascular Inc | LMAT | Healthcare |
0.58%
|
| Johnson Controls International plc | JCI | Industrials |
0.30%
|
| Sterling Infrastructure Inc | STRL | Industrials |
0.30%
|
| Advanced Energy Industries Inc | AEIS | Industrials |
0.29%
|
| Archrock Inc | AROC | Energy |
0.29%
|
| Celestica Inc | CLS | Technology |
0.29%
|
| Dycom Industries Inc | DY | Industrials |
0.29%
|
| WisdomTree Inc | WT | Financial Services |
0.29%
|
| Analog Devices Inc | ADI | Technology |
0.28%
|
| Amphenol Corp | APH | Technology |
0.28%
|
| Broadcom Inc | AVGO | Technology |
0.28%
|
| Bel Fuse Inc | BELFB | Technology |
0.28%
|
| Astronics Corp | ATRO | Industrials |
0.27%
|
| NVIDIA Corp | NVDA | Technology |
0.27%
|
| Beacon Financial Corp | BBT | Financial Services |
0.26%
|
| Centerra Gold Inc | CGAU | Basic Materials |
0.26%
|
| Newmont Corp | NEM | Basic Materials |
0.26%
|
| ASML Holding NV | ASML | Technology |
0.25%
|
| Cash & Other | CASH&OTHER |
-0.01%
|
Holdings are subject to change.
Holdings by GICS® {DIMENSION}*
| Category | Holdings | Weight |
|---|---|---|
| Total | 0 | 0.00% |
*The Global Industry Classification Standard (GICS®) is a four-tiered, 8-digit hierarchical framework developed by MSCI and S&P Dow Jones Indices to classify companies by principal business activity. It divides the market into 11 sectors, 25 industry groups, 74 industries, and 163 sub-industries to ensure global consistency in investment analysis.
Holdings by GICS® {DIMENSION}*
| Category | Holdings | Weight |
|---|---|---|
| Total | 0 | 0.00% |
Distributions
| Ex-Dividend Date | Record Date | Payable Date | Income | Total Distributions |
|---|---|---|---|---|
| 12/31/2025 | 12/31/2025 | 1/2/2026 | $0.12490 | $0.12490 |
| 12/31/2024 | 12/31/2024 | 1/2/2025 | $0.22753 | $0.22753 |
| 7/31/2024 | 7/31/2024 | 8/1/2024 | $0.00590 | $0.00590 |
| 12/28/2023 | 12/29/2023 | 1/2/2024 | $0.43704 | $0.43704 |
| 12/29/2022 | 12/30/2022 | 1/3/2023 | $0.39823 | $0.39823 |
Past distributions are not indicative of future distributions. Subject to change.
Premium/Discount
As of 4/30/2026
| 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|
| Days at Premium | 51 | 15 | N/A | N/A | N/A |
| Days at NAV | 9 | 4 | N/A | N/A | N/A |
| Days at Discount | 191 | 42 | N/A | N/A | N/A |
ETF shares are bought and sold at market prices rather than their net asset value (NAV). Shares may trade at a market price that is above, below, or at the Fund’s NAV. Because Shares are bought and sold at market prices rather than NAV, an investor may pay more than NAV when purchasing Shares and receive less than NAV when selling Shares. Market forces of supply and demand, economic conditions, and other factors may cause Shares to trade at a market price that differs from the Fund’s daily NAV. Shares are redeemable only in Creation Units at NAV by Authorized Participants.
Fund Documents
Fund Documents
Access a Disciplined Growth Strategy
BOUT offers investors a systematic approach to identifying and maintaining exposure to breakout‑oriented U.S. equities.
