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

Correlation

The correlation between EALT and BALT is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

EALT vs. BALT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) and Innovator Defined Wealth Shield ETF (BALT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

EALT:

0.80

BALT:

1.71

Sortino Ratio

EALT:

1.06

BALT:

2.36

Omega Ratio

EALT:

1.15

BALT:

1.41

Calmar Ratio

EALT:

0.63

BALT:

1.60

Martin Ratio

EALT:

2.26

BALT:

8.03

Ulcer Index

EALT:

4.13%

BALT:

0.98%

Daily Std Dev

EALT:

13.33%

BALT:

4.96%

Max Drawdown

EALT:

-14.76%

BALT:

-4.89%

Current Drawdown

EALT:

-4.37%

BALT:

-0.03%

Returns By Period

In the year-to-date period, EALT achieves a -0.94% return, which is significantly lower than BALT's 1.46% return.


EALT

YTD

-0.94%

1M

4.28%

6M

-3.04%

1Y

10.56%

3Y*

N/A

5Y*

N/A

10Y*

N/A

BALT

YTD

1.46%

1M

1.53%

6M

1.59%

1Y

8.44%

3Y*

7.36%

5Y*

N/A

10Y*

N/A

*Annualized

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EALT vs. BALT - Expense Ratio Comparison

Both EALT and BALT have an expense ratio of 0.69%.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

EALT vs. BALT — Risk-Adjusted Performance Rank

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

EALT
The Risk-Adjusted Performance Rank of EALT is 6262
Overall Rank
The Sharpe Ratio Rank of EALT is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of EALT is 6161
Sortino Ratio Rank
The Omega Ratio Rank of EALT is 6363
Omega Ratio Rank
The Calmar Ratio Rank of EALT is 6262
Calmar Ratio Rank
The Martin Ratio Rank of EALT is 5858
Martin Ratio Rank

BALT
The Risk-Adjusted Performance Rank of BALT is 9191
Overall Rank
The Sharpe Ratio Rank of BALT is 9191
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 8989
Calmar Ratio Rank
The Martin Ratio Rank of BALT is 9090
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.

EALT vs. BALT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) 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.


The current EALT Sharpe Ratio is 0.80, which is lower than the BALT Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of EALT and BALT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

EALT vs. BALT - Dividend Comparison

Neither EALT nor BALT has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

EALT vs. BALT - Drawdown Comparison

The maximum EALT drawdown since its inception was -14.76%, which is greater than BALT's maximum drawdown of -4.89%. Use the drawdown chart below to compare losses from any high point for EALT and BALT.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

EALT vs. BALT - Volatility Comparison

Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) has a higher volatility of 2.69% compared to Innovator Defined Wealth Shield ETF (BALT) at 0.74%. This indicates that EALT'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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