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 |
| Index Tracked | No Index (Active) |
| Home Page | www.innovatoretfs.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Expense Ratio
The Innovator Defined Wealth Shield ETF has a high expense ratio of 0.69%, indicating higher-than-average management fees.
Share Price Chart
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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 1.82% year-to-date (YTD) and 6.63% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.82% | 6.33% |
| 1 month | -0.44% | -2.81% |
| 6 months | 4.72% | 21.13% |
| 1 year | 6.63% | 24.56% |
| 5 years (annualized) | N/A | 11.55% |
| 10 years (annualized) | N/A | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.63% | 1.15% | 0.62% | |||||||||
| 2023 | -1.24% | -0.07% | 2.27% | 0.56% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Innovator Defined Wealth Shield ETF(BALT)
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.
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.
The current Innovator Defined Wealth Shield ETF drawdown is 0.58%.
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 |
| -1.84% | Sep 15, 2023 | 30 | Oct 26, 2023 | 13 | Nov 14, 2023 | 43 |
| -1.03% | Apr 1, 2024 | 15 | Apr 19, 2024 | — | — | — |
| -0.85% | Aug 1, 2023 | 14 | Aug 18, 2023 | 7 | Aug 29, 2023 | 21 |
Volatility
Volatility Chart
The current Innovator Defined Wealth Shield ETF volatility is 0.78%, 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.