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BALT vs. BSCS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BALT and BSCS is 0.25, 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.


-0.50.00.51.0
Correlation: 0.3

Performance

BALT vs. BSCS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Defined Wealth Shield ETF (BALT) and Invesco BulletShares 2028 Corporate Bond ETF (BSCS). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
22.01%
1.26%
BALT
BSCS

Key characteristics

Sharpe Ratio

BALT:

1.57

BSCS:

2.56

Sortino Ratio

BALT:

2.34

BSCS:

3.89

Omega Ratio

BALT:

1.40

BSCS:

1.51

Calmar Ratio

BALT:

1.60

BSCS:

0.97

Martin Ratio

BALT:

8.29

BSCS:

11.27

Ulcer Index

BALT:

0.95%

BSCS:

0.70%

Daily Std Dev

BALT:

5.00%

BSCS:

3.09%

Max Drawdown

BALT:

-4.89%

BSCS:

-18.42%

Current Drawdown

BALT:

-1.60%

BSCS:

-0.54%

Returns By Period

In the year-to-date period, BALT achieves a -0.13% return, which is significantly lower than BSCS's 2.70% return.


BALT

YTD

-0.13%

1M

0.05%

6M

1.32%

1Y

8.06%

5Y*

N/A

10Y*

N/A

BSCS

YTD

2.70%

1M

0.77%

6M

2.73%

1Y

8.29%

5Y*

1.94%

10Y*

N/A

*Annualized

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BALT vs. BSCS - Expense Ratio Comparison

BALT has a 0.69% expense ratio, which is higher than BSCS's 0.10% expense ratio.


Expense ratio chart for BALT: current value is 0.69%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BALT: 0.69%
Expense ratio chart for BSCS: current value is 0.10%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BSCS: 0.10%

Risk-Adjusted Performance

BALT vs. BSCS — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BALT
The Risk-Adjusted Performance Rank of BALT is 9191
Overall Rank
The Sharpe Ratio Rank of BALT is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of BALT is 9191
Sortino Ratio Rank
The Omega Ratio Rank of BALT is 9494
Omega Ratio Rank
The Calmar Ratio Rank of BALT is 9090
Calmar Ratio Rank
The Martin Ratio Rank of BALT is 9191
Martin Ratio Rank

BSCS
The Risk-Adjusted Performance Rank of BSCS is 9393
Overall Rank
The Sharpe Ratio Rank of BSCS is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of BSCS is 9797
Sortino Ratio Rank
The Omega Ratio Rank of BSCS is 9696
Omega Ratio Rank
The Calmar Ratio Rank of BSCS is 8282
Calmar Ratio Rank
The Martin Ratio Rank of BSCS is 9494
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.

BALT vs. BSCS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Defined Wealth Shield ETF (BALT) and Invesco BulletShares 2028 Corporate Bond ETF (BSCS). 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.


The chart of Sharpe ratio for BALT, currently valued at 1.57, compared to the broader market-1.000.001.002.003.004.00
BALT: 1.57
BSCS: 2.56
The chart of Sortino ratio for BALT, currently valued at 2.34, compared to the broader market-2.000.002.004.006.008.00
BALT: 2.34
BSCS: 3.89
The chart of Omega ratio for BALT, currently valued at 1.40, compared to the broader market0.501.001.502.002.50
BALT: 1.40
BSCS: 1.51
The chart of Calmar ratio for BALT, currently valued at 1.60, compared to the broader market0.002.004.006.008.0010.0012.00
BALT: 1.60
BSCS: 0.97
The chart of Martin ratio for BALT, currently valued at 8.29, compared to the broader market0.0020.0040.0060.00
BALT: 8.29
BSCS: 11.27

The current BALT Sharpe Ratio is 1.57, which is lower than the BSCS Sharpe Ratio of 2.56. The chart below compares the historical Sharpe Ratios of BALT and BSCS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.504.00NovemberDecember2025FebruaryMarchApril
1.57
2.56
BALT
BSCS

Dividends

BALT vs. BSCS - Dividend Comparison

BALT has not paid dividends to shareholders, while BSCS's dividend yield for the trailing twelve months is around 4.54%.


TTM2024202320222021202020192018
BALT
Innovator Defined Wealth Shield ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BSCS
Invesco BulletShares 2028 Corporate Bond ETF
4.54%4.54%3.90%2.72%2.14%2.71%3.28%1.88%

Drawdowns

BALT vs. BSCS - Drawdown Comparison

The maximum BALT drawdown since its inception was -4.89%, smaller than the maximum BSCS drawdown of -18.42%. Use the drawdown chart below to compare losses from any high point for BALT and BSCS. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%NovemberDecember2025FebruaryMarchApril
-1.60%
-0.54%
BALT
BSCS

Volatility

BALT vs. BSCS - Volatility Comparison

Innovator Defined Wealth Shield ETF (BALT) has a higher volatility of 3.96% compared to Invesco BulletShares 2028 Corporate Bond ETF (BSCS) at 1.50%. This indicates that BALT's price experiences larger fluctuations and is considered to be riskier than BSCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%NovemberDecember2025FebruaryMarchApril
3.96%
1.50%
BALT
BSCS