BALT vs. AGG
Compare and contrast key facts about Innovator Defined Wealth Shield ETF (BALT) and iShares Core U.S. Aggregate Bond ETF (AGG).
BALT and AGG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BALT is a passively managed fund by Innovator that tracks the performance of the S&P 500. It was launched on Jun 30, 2021. AGG is a passively managed fund by iShares that tracks the performance of the Bloomberg U.S. Aggregate Bond Index. It was launched on Sep 22, 2003. Both BALT and AGG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
BALT vs. AGG - Performance Comparison
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BALT vs. AGG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BALT Innovator Defined Wealth Shield ETF | -0.00% | 6.65% | 9.98% | 7.45% | 2.54% | 0.82% |
AGG iShares Core U.S. Aggregate Bond ETF | 0.09% | 7.19% | 1.31% | 5.65% | -13.02% | -0.05% |
Returns By Period
BALT
- 1D
- 0.13%
- 1M
- -0.77%
- YTD
- -0.00%
- 6M
- 2.06%
- 1Y
- 6.74%
- 3Y*
- 7.16%
- 5Y*
- —
- 10Y*
- —
AGG
- 1D
- 0.07%
- 1M
- -1.33%
- YTD
- 0.09%
- 6M
- 0.78%
- 1Y
- 4.05%
- 3Y*
- 3.62%
- 5Y*
- 0.24%
- 10Y*
- 1.66%
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BALT vs. AGG - Expense Ratio Comparison
BALT has a 0.69% expense ratio, which is higher than AGG's 0.03% expense ratio.
Return for Risk
BALT vs. AGG — Risk / Return Rank
BALT
AGG
BALT vs. AGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Defined Wealth Shield ETF (BALT) and iShares Core U.S. Aggregate Bond ETF (AGG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| BALT | AGG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.51 | 0.93 | +0.58 |
Sortino ratioReturn per unit of downside risk | 2.32 | 1.32 | +1.00 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.17 | +0.27 |
Calmar ratioReturn relative to maximum drawdown | 1.95 | 1.76 | +0.19 |
Martin ratioReturn relative to average drawdown | 12.95 | 4.89 | +8.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BALT | AGG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.51 | 0.93 | +0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.04 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.31 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.71 | 0.60 | +1.12 |
Correlation
The correlation between BALT and AGG is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
BALT vs. AGG - Dividend Comparison
BALT has not paid dividends to shareholders, while AGG's dividend yield for the trailing twelve months is around 3.95%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BALT Innovator Defined Wealth Shield ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.95% | 3.89% | 3.74% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.72% | 2.32% | 2.39% | 2.45% |
Drawdowns
BALT vs. AGG - Drawdown Comparison
The maximum BALT drawdown since its inception was -4.89%, smaller than the maximum AGG drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for BALT and AGG.
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Drawdown Indicators
| BALT | AGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.89% | -18.43% | +13.54% |
Max Drawdown (1Y)Largest decline over 1 year | -3.48% | -2.52% | -0.96% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.82% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.43% | — |
Current DrawdownCurrent decline from peak | -0.92% | -2.30% | +1.38% |
Average DrawdownAverage peak-to-trough decline | -0.35% | -2.71% | +2.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.52% | 0.91% | -0.39% |
Volatility
BALT vs. AGG - Volatility Comparison
The current volatility for Innovator Defined Wealth Shield ETF (BALT) is 0.62%, while iShares Core U.S. Aggregate Bond ETF (AGG) has a volatility of 1.67%. This indicates that BALT experiences smaller price fluctuations and is considered to be less risky than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BALT | AGG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.62% | 1.67% | -1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 1.84% | 2.55% | -0.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.48% | 4.37% | +0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.36% | 6.07% | -2.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.36% | 5.39% | -2.03% |