Innovator Defined Wealth Shield ETF (BALT)
BALT is an actively managed ETF by Innovator. BALT launched on Jul 1, 2021 and has a 0.69% expense ratio.
ETF Info
| ISIN | US45783Y8553 |
|---|---|
| CUSIP | 45783Y855 |
| Issuer | Innovator |
| Inception Date | Jul 1, 2021 |
| Region | North America (U.S.) |
| Category | Volatility Hedged Equity, Actively Managed |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Home Page | www.innovatoretfs.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Expense Ratio
BALT features an expense ratio of 0.69%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: BALT vs. BSCS, BALT vs. BSCT, BALT vs. HLIPX, BALT vs. BUFD, BALT vs. XST.TO, BALT vs. MUSA, BALT vs. RSPN, BALT vs. SPY, BALT vs. DODIX, BALT vs. AGG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Innovator Defined Wealth Shield ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Innovator Defined Wealth Shield ETF had a return of 9.35% year-to-date (YTD) and 10.54% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.35% | 25.48% |
| 1 month | 0.94% | 2.14% |
| 6 months | 5.93% | 12.76% |
| 1 year | 10.54% | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of BALT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.63% | 1.15% | 0.62% | -0.68% | 1.48% | 1.83% | 0.67% | 1.12% | 0.85% | 0.16% | 9.35% | ||
| 2023 | 1.06% | 0.07% | 1.26% | 0.70% | 0.29% | 1.42% | 0.90% | 0.04% | -1.24% | -0.07% | 2.27% | 0.56% | 7.45% |
| 2022 | -0.41% | -0.08% | 0.31% | -1.28% | 0.86% | 0.27% | 1.16% | 0.15% | -1.45% | 1.40% | 1.15% | 0.52% | 2.60% |
| 2021 | 0.14% | 0.27% | -0.06% | 0.21% | 0.02% | 0.17% | 0.76% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of BALT is 96, placing it in the top 4% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Innovator Defined Wealth Shield ETF (BALT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Innovator Defined Wealth Shield ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Innovator Defined Wealth Shield ETF was 2.16%, occurring on Jun 16, 2022. Recovery took 14 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -2.16% | Jan 5, 2022 | 113 | Jun 16, 2022 | 14 | Jul 8, 2022 | 127 |
| -1.98% | Sep 13, 2022 | 22 | Oct 12, 2022 | 21 | Nov 10, 2022 | 43 |
| -1.85% | Jul 17, 2024 | 14 | Aug 5, 2024 | 8 | Aug 15, 2024 | 22 |
| -1.84% | Sep 15, 2023 | 30 | Oct 26, 2023 | 13 | Nov 14, 2023 | 43 |
| -1.14% | Sep 3, 2024 | 4 | Sep 6, 2024 | 5 | Sep 13, 2024 | 9 |
Volatility
Volatility Chart
The current Innovator Defined Wealth Shield ETF volatility is 0.76%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.