BALT vs. HLIPX

In the year-to-date period, BALT achieves a -0.13% return, which is significantly lower than HLIPX's 2.74% return.

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BALT has a 0.69% expense ratio, which is higher than HLIPX's 0.46% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Innovator Defined Wealth Shield ETF (BALT) and JPMorgan Core Plus Bond Fund (HLIPX). 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 current BALT Sharpe Ratio is 1.57, which is comparable to the HLIPX Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of BALT and HLIPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

BALT has not paid dividends to shareholders, while HLIPX's dividend yield for the trailing twelve months is around 4.83%.

The maximum BALT drawdown since its inception was -4.89%, smaller than the maximum HLIPX drawdown of -19.44%. Use the drawdown chart below to compare losses from any high point for BALT and HLIPX. For additional features, visit the drawdowns tool.

Innovator Defined Wealth Shield ETF (BALT) has a higher volatility of 3.96% compared to JPMorgan Core Plus Bond Fund (HLIPX) at 2.05%. This indicates that BALT's price experiences larger fluctuations and is considered to be riskier than HLIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.