PortfoliosLab logo

Innovator Defined Wealth Shield ETF (BALT)

ETF · Currency in USD · Last updated Aug 13, 2022

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

ETF Info

ISINUS45783Y8553
CUSIP45783Y855
IssuerInnovator
Inception DateJul 1, 2021
RegionNorth America (U.S.)
CategoryActively Managed, Buffer
Expense Ratio0.69%
Index TrackedNo Index (Active)
ETF Home Pagewww.innovatoretfs.com
Asset ClassEquity

Asset Class Size

Large-Cap

Trading Data

Previous Close$26.22
Year Range$25.39 - $26.23
EMA (50)$25.96
EMA (200)$25.83
Average Volume$75.71K

BALTShare Price Chart


Chart placeholderClick Calculate to get results

BALTPerformance

The chart shows the growth of $10,000 invested in Innovator Defined Wealth Shield ETF in Jul 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,194 for a total return of roughly 1.94%. All prices are adjusted for splits and dividends.


-15.00%-10.00%-5.00%0.00%MarchAprilMayJuneJulyAugust
1.62%
-4.27%
BALT (Innovator Defined Wealth Shield ETF)
Benchmark (^GSPC)

BALTReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M1.32%12.08%
6M1.57%-4.97%
YTD1.18%-10.20%
1Y1.71%-3.40%
5Y1.75%-0.59%
10Y1.75%-0.59%

BALTMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-0.41%-0.08%0.31%-1.28%0.86%0.27%1.16%0.34%
20210.14%0.27%-0.06%0.21%0.02%0.17%

BALTSharpe 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 0.53. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-0.60-0.40-0.200.000.200.400.60Thu 07Sat 09Mon 11Wed 13Fri 15Jul 17Tue 19Thu 21Sat 23Mon 25Wed 27Fri 29Jul 31AugustWed 03Fri 05Aug 07Tue 09Thu 11
0.53
-0.17
BALT (Innovator Defined Wealth Shield ETF)
Benchmark (^GSPC)

BALTDividend History


Innovator Defined Wealth Shield ETF doesn't pay dividends

BALTDrawdowns Chart

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


-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-0.04%
-10.77%
BALT (Innovator Defined Wealth Shield ETF)
Benchmark (^GSPC)

BALTWorst 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
-0.58%Sep 28, 20215Oct 4, 202111Oct 19, 202116
-0.46%Jul 11, 20224Jul 14, 20223Jul 19, 20227
-0.31%Jul 15, 20213Jul 19, 20214Jul 23, 20217
-0.29%Nov 12, 202115Dec 3, 20214Dec 9, 202119
-0.29%Sep 7, 202110Sep 20, 20215Sep 27, 202115
-0.19%Aug 2, 20221Aug 2, 20221Aug 3, 20222
-0.16%Dec 17, 20212Dec 20, 20212Dec 22, 20214
-0.15%Jul 26, 20221Jul 26, 20221Jul 27, 20222
-0.15%Aug 4, 20221Aug 4, 20221Aug 5, 20222

BALTVolatility Chart

Current Innovator Defined Wealth Shield ETF volatility is 2.73%. 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%MarchAprilMayJuneJulyAugust
2.73%
16.68%
BALT (Innovator Defined Wealth Shield ETF)
Benchmark (^GSPC)