BSCT vs. BALT
Compare and contrast key facts about Invesco BulletShares 2029 Corporate Bond ETF (BSCT) and Innovator Defined Wealth Shield ETF (BALT).
BSCT and BALT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSCT is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD Corporate Bond 2029 Index. It was launched on Sep 12, 2019. BALT is a passively managed fund by Innovator that tracks the performance of the S&P 500. It was launched on Jun 30, 2021. Both BSCT and BALT 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
BSCT vs. BALT - Performance Comparison
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BSCT vs. BALT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BSCT Invesco BulletShares 2029 Corporate Bond ETF | 0.16% | 7.51% | 3.45% | 8.61% | -12.88% | -0.59% |
BALT Innovator Defined Wealth Shield ETF | -0.13% | 6.65% | 9.98% | 7.45% | 2.54% | 0.82% |
Returns By Period
In the year-to-date period, BSCT achieves a 0.16% return, which is significantly higher than BALT's -0.13% return.
BSCT
- 1D
- 0.32%
- 1M
- -0.93%
- YTD
- 0.16%
- 6M
- 1.41%
- 1Y
- 5.40%
- 3Y*
- 5.23%
- 5Y*
- 1.51%
- 10Y*
- —
BALT
- 1D
- 0.10%
- 1M
- -0.87%
- YTD
- -0.13%
- 6M
- 1.97%
- 1Y
- 6.64%
- 3Y*
- 7.11%
- 5Y*
- —
- 10Y*
- —
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BSCT vs. BALT - Expense Ratio Comparison
BSCT has a 0.10% expense ratio, which is lower than BALT's 0.69% expense ratio.
Return for Risk
BSCT vs. BALT — Risk / Return Rank
BSCT
BALT
BSCT vs. BALT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2029 Corporate Bond ETF (BSCT) and Innovator Defined Wealth Shield ETF (BALT). 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.
| BSCT | BALT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.74 | 1.49 | +0.25 |
Sortino ratioReturn per unit of downside risk | 2.44 | 2.29 | +0.15 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.43 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.80 | 1.91 | +0.89 |
Martin ratioReturn relative to average drawdown | 11.75 | 12.79 | -1.04 |
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
| BSCT | BALT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.74 | 1.49 | +0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 1.70 | -1.39 |
Correlation
The correlation between BSCT and BALT is 0.15, 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
BSCT vs. BALT - Dividend Comparison
BSCT's dividend yield for the trailing twelve months is around 4.58%, while BALT has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BSCT Invesco BulletShares 2029 Corporate Bond ETF | 4.58% | 4.53% | 4.51% | 3.89% | 2.65% | 1.94% | 2.24% | 0.86% |
BALT Innovator Defined Wealth Shield ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BSCT vs. BALT - Drawdown Comparison
The maximum BSCT drawdown since its inception was -19.14%, which is greater than BALT's maximum drawdown of -4.89%. Use the drawdown chart below to compare losses from any high point for BSCT and BALT.
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Drawdown Indicators
| BSCT | BALT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.14% | -4.89% | -14.25% |
Max Drawdown (1Y)Largest decline over 1 year | -1.93% | -3.48% | +1.55% |
Max Drawdown (5Y)Largest decline over 5 years | -19.14% | — | — |
Current DrawdownCurrent decline from peak | -0.93% | -1.05% | +0.12% |
Average DrawdownAverage peak-to-trough decline | -5.49% | -0.35% | -5.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.46% | 0.52% | -0.06% |
Volatility
BSCT vs. BALT - Volatility Comparison
Invesco BulletShares 2029 Corporate Bond ETF (BSCT) has a higher volatility of 1.08% compared to Innovator Defined Wealth Shield ETF (BALT) at 0.61%. This indicates that BSCT's price experiences larger fluctuations and is considered to be riskier than BALT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BSCT | BALT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.08% | 0.61% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 1.60% | 1.84% | -0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.11% | 4.48% | -1.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.74% | 3.36% | +2.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.35% | 3.36% | +3.99% |