PortfoliosLab logo
BALT vs. DODIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BALT and DODIX is 0.21, 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: 0.2

Performance

BALT vs. DODIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Defined Wealth Shield ETF (BALT) and Dodge & Cox Income Fund (DODIX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
22.01%
-0.30%
BALT
DODIX

Key characteristics

Sharpe Ratio

BALT:

1.57

DODIX:

1.32

Sortino Ratio

BALT:

2.34

DODIX:

1.96

Omega Ratio

BALT:

1.40

DODIX:

1.23

Calmar Ratio

BALT:

1.60

DODIX:

0.71

Martin Ratio

BALT:

8.29

DODIX:

3.34

Ulcer Index

BALT:

0.95%

DODIX:

2.24%

Daily Std Dev

BALT:

5.00%

DODIX:

5.65%

Max Drawdown

BALT:

-4.89%

DODIX:

-18.50%

Current Drawdown

BALT:

-1.60%

DODIX:

-3.22%

Returns By Period

In the year-to-date period, BALT achieves a -0.13% return, which is significantly lower than DODIX's 2.59% return.


BALT

YTD

-0.13%

1M

0.05%

6M

1.32%

1Y

8.06%

5Y*

N/A

10Y*

N/A

DODIX

YTD

2.59%

1M

0.40%

6M

1.68%

1Y

8.10%

5Y*

0.68%

10Y*

2.07%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BALT vs. DODIX - Expense Ratio Comparison

BALT has a 0.69% expense ratio, which is higher than DODIX's 0.41% 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 DODIX: current value is 0.41%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
DODIX: 0.41%

Risk-Adjusted Performance

BALT vs. DODIX — 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

DODIX
The Risk-Adjusted Performance Rank of DODIX is 8080
Overall Rank
The Sharpe Ratio Rank of DODIX is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of DODIX is 8585
Sortino Ratio Rank
The Omega Ratio Rank of DODIX is 8181
Omega Ratio Rank
The Calmar Ratio Rank of DODIX is 7777
Calmar Ratio Rank
The Martin Ratio Rank of DODIX is 7474
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. DODIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Defined Wealth Shield ETF (BALT) and Dodge & Cox Income Fund (DODIX). 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
DODIX: 1.32
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
DODIX: 1.96
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
DODIX: 1.23
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
DODIX: 0.85
The chart of Martin ratio for BALT, currently valued at 8.29, compared to the broader market0.0020.0040.0060.00
BALT: 8.29
DODIX: 3.34

The current BALT Sharpe Ratio is 1.57, which is comparable to the DODIX Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of BALT and DODIX, 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 Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
1.57
1.32
BALT
DODIX

Dividends

BALT vs. DODIX - Dividend Comparison

BALT has not paid dividends to shareholders, while DODIX's dividend yield for the trailing twelve months is around 4.18%.


TTM20242023202220212020201920182017201620152014
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%
DODIX
Dodge & Cox Income Fund
4.18%4.24%3.86%2.82%3.23%4.66%3.63%3.43%3.03%3.25%3.09%4.15%

Drawdowns

BALT vs. DODIX - Drawdown Comparison

The maximum BALT drawdown since its inception was -4.89%, smaller than the maximum DODIX drawdown of -18.50%. Use the drawdown chart below to compare losses from any high point for BALT and DODIX. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%NovemberDecember2025FebruaryMarchApril
-1.60%
-1.57%
BALT
DODIX

Volatility

BALT vs. DODIX - Volatility Comparison

Innovator Defined Wealth Shield ETF (BALT) has a higher volatility of 3.96% compared to Dodge & Cox Income Fund (DODIX) at 2.35%. This indicates that BALT's price experiences larger fluctuations and is considered to be riskier than DODIX 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%
2.35%
BALT
DODIX