EJUL vs. BALT
Compare and contrast key facts about Innovator Emerging Markets Power Buffer ETF - July (EJUL) and Innovator Defined Wealth Shield ETF (BALT).
EJUL and BALT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EJUL is a passively managed fund by Innovator that tracks the performance of the MSCI Emerging Markets Index. It was launched on Jun 28, 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 EJUL 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
EJUL vs. BALT - Performance Comparison
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EJUL vs. BALT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EJUL Innovator Emerging Markets Power Buffer ETF - July | 1.38% | 20.20% | 4.38% | 3.50% | -10.92% | -3.56% |
BALT Innovator Defined Wealth Shield ETF | -0.00% | 6.65% | 9.98% | 7.45% | 2.54% | 0.82% |
Returns By Period
EJUL
- 1D
- 0.57%
- 1M
- -1.09%
- YTD
- 1.38%
- 6M
- 3.61%
- 1Y
- 18.83%
- 3Y*
- 8.78%
- 5Y*
- 2.47%
- 10Y*
- —
BALT
- 1D
- 0.13%
- 1M
- -0.77%
- YTD
- -0.00%
- 6M
- 2.06%
- 1Y
- 6.74%
- 3Y*
- 7.16%
- 5Y*
- —
- 10Y*
- —
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EJUL vs. BALT - Expense Ratio Comparison
EJUL has a 0.89% expense ratio, which is higher than BALT's 0.69% expense ratio.
Return for Risk
EJUL vs. BALT — Risk / Return Rank
EJUL
BALT
EJUL vs. BALT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Emerging Markets Power Buffer ETF - July (EJUL) 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.
| EJUL | BALT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.98 | 1.51 | +0.47 |
Sortino ratioReturn per unit of downside risk | 2.95 | 2.32 | +0.63 |
Omega ratioGain probability vs. loss probability | 1.44 | 1.43 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.99 | 1.95 | +1.04 |
Martin ratioReturn relative to average drawdown | 16.21 | 12.95 | +3.26 |
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
| EJUL | BALT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.98 | 1.51 | +0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 1.71 | -1.48 |
Correlation
The correlation between EJUL and BALT is 0.51, 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.
Dividends
EJUL vs. BALT - Dividend Comparison
Neither EJUL nor BALT has paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EJUL Innovator Emerging Markets Power Buffer ETF - July | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.64% |
BALT Innovator Defined Wealth Shield ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EJUL vs. BALT - Drawdown Comparison
The maximum EJUL drawdown since its inception was -21.61%, which is greater than BALT's maximum drawdown of -4.89%. Use the drawdown chart below to compare losses from any high point for EJUL and BALT.
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Drawdown Indicators
| EJUL | BALT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.61% | -4.89% | -16.72% |
Max Drawdown (1Y)Largest decline over 1 year | -6.34% | -3.48% | -2.86% |
Max Drawdown (5Y)Largest decline over 5 years | -21.61% | — | — |
Current DrawdownCurrent decline from peak | -1.63% | -0.92% | -0.71% |
Average DrawdownAverage peak-to-trough decline | -6.77% | -0.35% | -6.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.17% | 0.52% | +0.65% |
Volatility
EJUL vs. BALT - Volatility Comparison
Innovator Emerging Markets Power Buffer ETF - July (EJUL) has a higher volatility of 3.42% compared to Innovator Defined Wealth Shield ETF (BALT) at 0.62%. This indicates that EJUL'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
| EJUL | BALT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.42% | 0.62% | +2.80% |
Volatility (6M)Calculated over the trailing 6-month period | 5.19% | 1.84% | +3.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.55% | 4.48% | +5.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.61% | 3.36% | +7.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.56% | 3.36% | +8.20% |