PortfoliosLab logo

Innovator Defined Wealth Shield ETF (BALT)

ETF · Currency in USD · Last updated Mar 18, 2023

BALT is an actively managed ETF by Innovator. BALT launched on Jul 1, 2021 and has a 0.69% expense ratio.

Share Price Chart


Loading data...

Performance

The chart shows the growth of $10,000 invested in Innovator Defined Wealth Shield ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,482 for a total return of roughly 4.82%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
4.13%
6.48%
BALT (Innovator Defined Wealth Shield ETF)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with BALT

Return

Innovator Defined Wealth Shield ETF had a return of 1.40% year-to-date (YTD) and 4.17% in the last 12 months. Over the past 10 years, Innovator Defined Wealth Shield ETF had an annualized return of 2.80%, while the S&P 500 had an annualized return of -5.45%, indicating that Innovator Defined Wealth Shield ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-0.02%-5.31%
Year-To-Date1.40%2.01%
6 months3.02%0.39%
1 year4.17%-10.12%
5 years (annualized)2.80%-5.45%
10 years (annualized)2.80%-5.45%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20231.06%0.07%
2022-1.45%1.40%1.15%0.52%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Innovator Defined Wealth Shield ETF Sharpe ratio is 1.17. A Sharpe ratio greater than 1.0 is considered acceptable.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.001.50NovemberDecember2023FebruaryMarch
1.17
-0.43
BALT (Innovator Defined Wealth Shield ETF)
Benchmark (^GSPC)

Dividend History


Innovator Defined Wealth Shield ETF doesn't pay dividends

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2023FebruaryMarch
-0.26%
-18.34%
BALT (Innovator Defined Wealth Shield ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Innovator Defined Wealth Shield ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Innovator Defined Wealth Shield ETF is 2.16%, recorded on Jun 16, 2022. It took 14 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-2.16%Jan 5, 2022113Jun 16, 202214Jul 8, 2022127
-1.98%Sep 13, 202222Oct 12, 202221Nov 10, 202243
-0.76%Mar 7, 20234Mar 10, 2023
-0.68%Aug 26, 20227Sep 6, 20224Sep 12, 202211
-0.58%Sep 28, 20215Oct 4, 202111Oct 19, 202116
-0.46%Jul 11, 20224Jul 14, 20223Jul 19, 20227
-0.34%Aug 19, 20223Aug 23, 20222Aug 25, 20225
-0.34%Jan 17, 20233Jan 19, 20231Jan 20, 20234
-0.31%Feb 8, 202312Feb 24, 20235Mar 3, 202317
-0.31%Jul 15, 20213Jul 19, 20214Jul 23, 20217

Volatility Chart

Current Innovator Defined Wealth Shield ETF volatility is 3.52%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
3.52%
21.17%
BALT (Innovator Defined Wealth Shield ETF)
Benchmark (^GSPC)