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Innovator Defined Wealth Shield ETF (BALT)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US45783Y8553

CUSIP

45783Y855

Issuer

Innovator

Inception Date

Jul 1, 2021

Region

North America (U.S.)

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Equity

Asset Class Size

Large-Cap

Expense Ratio

BALT has an expense ratio of 0.69%, placing it in 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.


Performance

Performance Chart


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Returns By Period

Innovator Defined Wealth Shield ETF (BALT) returned 1.27% year-to-date (YTD) and 7.90% over the past 12 months.


BALT

YTD

1.27%

1M

2.18%

6M

1.89%

1Y

7.90%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

0.60%

1M

9.64%

6M

-0.54%

1Y

11.47%

5Y*

15.67%

10Y*

10.79%

*Annualized

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.91%0.11%-1.13%0.06%1.34%1.27%
20240.63%1.15%0.62%-0.68%1.48%1.83%0.67%1.12%0.85%0.16%1.62%0.13%9.98%
20231.06%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%
20210.14%0.27%-0.06%0.21%0.02%0.17%0.76%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 93, BALT is among the top 7% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of BALT is 9393
Overall Rank
The Sharpe Ratio Rank of BALT is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of BALT is 9494
Sortino Ratio Rank
The Omega Ratio Rank of BALT is 9696
Omega Ratio Rank
The Calmar Ratio Rank of BALT is 9292
Calmar Ratio Rank
The Martin Ratio Rank of BALT is 9292
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Innovator Defined Wealth Shield ETF Sharpe ratios as of May 16, 2025 (values are recalculated daily):

  • 1-Year: 1.59
  • All Time: 1.59

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Innovator Defined Wealth Shield ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History


Innovator Defined Wealth Shield ETF doesn't pay dividends

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.


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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 4.89%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current Innovator Defined Wealth Shield ETF drawdown is 0.22%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-4.89%Feb 21, 202533Apr 8, 2025
-2.16%Jan 5, 2022113Jun 16, 202214Jul 8, 2022127
-1.98%Sep 13, 202222Oct 12, 202221Nov 10, 202243
-1.85%Jul 17, 202414Aug 5, 20248Aug 15, 202422
-1.84%Sep 15, 202330Oct 26, 202313Nov 14, 202343

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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