FOUR vs. BALT
Compare and contrast key facts about Shift4 Payments, Inc. (FOUR) and Innovator Defined Wealth Shield ETF (BALT).
BALT is an actively managed fund by Innovator. It was launched on Jul 1, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FOUR or BALT.
Key characteristics
| FOUR | BALT | |
|---|---|---|
| YTD Return | 32.88% | 9.31% |
| 1Y Return | 57.04% | 10.47% |
| 3Y Return (Ann) | 11.71% | 6.50% |
| Sharpe Ratio | 1.30 | 3.53 |
| Sortino Ratio | 1.99 | 5.41 |
| Omega Ratio | 1.25 | 1.82 |
| Calmar Ratio | 1.30 | 5.69 |
| Martin Ratio | 3.86 | 30.83 |
| Ulcer Index | 14.47% | 0.34% |
| Daily Std Dev | 42.80% | 2.98% |
| Max Drawdown | -69.95% | -2.16% |
| Current Drawdown | -5.84% | -0.03% |
Correlation
The correlation between FOUR and BALT is 0.43, 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
FOUR vs. BALT - Performance Comparison
In the year-to-date period, FOUR achieves a 32.88% return, which is significantly higher than BALT's 9.31% 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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Risk-Adjusted Performance
FOUR vs. BALT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shift4 Payments, Inc. (FOUR) 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.
Dividends
FOUR vs. BALT - Dividend Comparison
Neither FOUR nor BALT has paid dividends to shareholders.
Drawdowns
FOUR vs. BALT - Drawdown Comparison
The maximum FOUR drawdown since its inception was -69.95%, which is greater than BALT's maximum drawdown of -2.16%. Use the drawdown chart below to compare losses from any high point for FOUR and BALT. For additional features, visit the drawdowns tool.
Volatility
FOUR vs. BALT - Volatility Comparison
Shift4 Payments, Inc. (FOUR) has a higher volatility of 12.81% compared to Innovator Defined Wealth Shield ETF (BALT) at 0.76%. This indicates that FOUR'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.