BALT vs. XST.TO
Compare and contrast key facts about Innovator Defined Wealth Shield ETF (BALT) and iShares S&P/TSX Capped Consumer Staples Index ETF (XST.TO).
BALT and XST.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BALT is an actively managed fund by Innovator. It was launched on Jul 1, 2021. XST.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Apr 12, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BALT or XST.TO.
Key characteristics
| BALT | XST.TO | |
|---|---|---|
| YTD Return | 9.28% | 22.84% |
| 1Y Return | 11.02% | 21.67% |
| 3Y Return (Ann) | 6.49% | 12.71% |
| Sharpe Ratio | 3.60 | 1.76 |
| Sortino Ratio | 5.57 | 2.49 |
| Omega Ratio | 1.84 | 1.33 |
| Calmar Ratio | 5.88 | 0.22 |
| Martin Ratio | 31.88 | 10.00 |
| Ulcer Index | 0.34% | 2.16% |
| Daily Std Dev | 3.02% | 12.25% |
| Max Drawdown | -2.16% | -99.63% |
| Current Drawdown | 0.00% | -97.74% |
Correlation
The correlation between BALT and XST.TO is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BALT vs. XST.TO - Performance Comparison
In the year-to-date period, BALT achieves a 9.28% return, which is significantly lower than XST.TO's 22.84% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BALT vs. XST.TO - Expense Ratio Comparison
BALT has a 0.69% expense ratio, which is higher than XST.TO's 0.61% expense ratio.
Risk-Adjusted Performance
BALT vs. XST.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Defined Wealth Shield ETF (BALT) and iShares S&P/TSX Capped Consumer Staples Index ETF (XST.TO). 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.
Dividends
BALT vs. XST.TO - Dividend Comparison
BALT has not paid dividends to shareholders, while XST.TO's dividend yield for the trailing twelve months is around 0.75%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XST.TO iShares S&P/TSX Capped Consumer Staples Index ETF | 0.75% | 0.79% | 0.74% | 0.68% | 0.73% | 0.72% | 0.80% | 0.89% | 0.51% | 0.62% | 1.33% | 0.75% |
Drawdowns
BALT vs. XST.TO - Drawdown Comparison
The maximum BALT drawdown since its inception was -2.16%, smaller than the maximum XST.TO drawdown of -99.63%. Use the drawdown chart below to compare losses from any high point for BALT and XST.TO. For additional features, visit the drawdowns tool.
Volatility
BALT vs. XST.TO - Volatility Comparison
The current volatility for Innovator Defined Wealth Shield ETF (BALT) is 0.78%, while iShares S&P/TSX Capped Consumer Staples Index ETF (XST.TO) has a volatility of 4.51%. This indicates that BALT experiences smaller price fluctuations and is considered to be less risky than XST.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.