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

Correlation

The correlation between RSPN and BALT is 0.78, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

RSPN vs. BALT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500® Equal Weight Industrials ETF (RSPN) and Innovator Defined Wealth Shield ETF (BALT). The values are adjusted to include any dividend payments, if applicable.

15.00%20.00%25.00%30.00%35.00%40.00%45.00%50.00%NovemberDecember2025FebruaryMarchApril
30.13%
22.01%
RSPN
BALT

Key characteristics

Sharpe Ratio

RSPN:

0.25

BALT:

1.57

Sortino Ratio

RSPN:

0.52

BALT:

2.34

Omega Ratio

RSPN:

1.07

BALT:

1.40

Calmar Ratio

RSPN:

0.24

BALT:

1.60

Martin Ratio

RSPN:

0.84

BALT:

8.29

Ulcer Index

RSPN:

6.08%

BALT:

0.95%

Daily Std Dev

RSPN:

20.03%

BALT:

5.00%

Max Drawdown

RSPN:

-61.64%

BALT:

-4.89%

Current Drawdown

RSPN:

-12.47%

BALT:

-1.60%

Returns By Period

In the year-to-date period, RSPN achieves a -4.27% return, which is significantly lower than BALT's -0.13% return.


RSPN

YTD

-4.27%

1M

-3.40%

6M

-5.86%

1Y

5.34%

5Y*

18.15%

10Y*

10.57%

BALT

YTD

-0.13%

1M

0.03%

6M

1.32%

1Y

7.69%

5Y*

N/A

10Y*

N/A

*Annualized

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RSPN vs. BALT - Expense Ratio Comparison

RSPN has a 0.40% expense ratio, which is lower than BALT's 0.69% expense ratio.


Expense ratio chart for BALT: current value is 0.69%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BALT: 0.69%
Expense ratio chart for RSPN: current value is 0.40%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
RSPN: 0.40%

Risk-Adjusted Performance

RSPN vs. BALT — Risk-Adjusted Performance Rank

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

RSPN
The Risk-Adjusted Performance Rank of RSPN is 4141
Overall Rank
The Sharpe Ratio Rank of RSPN is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of RSPN is 4242
Sortino Ratio Rank
The Omega Ratio Rank of RSPN is 4141
Omega Ratio Rank
The Calmar Ratio Rank of RSPN is 4343
Calmar Ratio Rank
The Martin Ratio Rank of RSPN is 4040
Martin Ratio Rank

BALT
The Risk-Adjusted Performance Rank of BALT is 9292
Overall Rank
The Sharpe Ratio Rank of BALT is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of BALT is 9292
Sortino Ratio Rank
The Omega Ratio Rank of BALT is 9494
Omega Ratio Rank
The Calmar Ratio Rank of BALT is 9090
Calmar Ratio Rank
The Martin Ratio Rank of BALT is 9191
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.

RSPN vs. BALT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Equal Weight Industrials ETF (RSPN) 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 chart of Sharpe ratio for RSPN, currently valued at 0.25, compared to the broader market-1.000.001.002.003.004.00
RSPN: 0.25
BALT: 1.57
The chart of Sortino ratio for RSPN, currently valued at 0.52, compared to the broader market-2.000.002.004.006.008.00
RSPN: 0.52
BALT: 2.34
The chart of Omega ratio for RSPN, currently valued at 1.07, compared to the broader market0.501.001.502.002.50
RSPN: 1.07
BALT: 1.40
The chart of Calmar ratio for RSPN, currently valued at 0.24, compared to the broader market0.002.004.006.008.0010.0012.00
RSPN: 0.24
BALT: 1.60
The chart of Martin ratio for RSPN, currently valued at 0.84, compared to the broader market0.0020.0040.0060.00
RSPN: 0.84
BALT: 8.29

The current RSPN Sharpe Ratio is 0.25, which is lower than the BALT Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of RSPN 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.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.25
1.57
RSPN
BALT

Dividends

RSPN vs. BALT - Dividend Comparison

RSPN's dividend yield for the trailing twelve months is around 1.03%, while BALT has not paid dividends to shareholders.


Drawdowns

RSPN vs. BALT - Drawdown Comparison

The maximum RSPN drawdown since its inception was -61.64%, which is greater than BALT's maximum drawdown of -4.89%. Use the drawdown chart below to compare losses from any high point for RSPN and BALT. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-12.47%
-1.60%
RSPN
BALT

Volatility

RSPN vs. BALT - Volatility Comparison

Invesco S&P 500® Equal Weight Industrials ETF (RSPN) has a higher volatility of 13.93% compared to Innovator Defined Wealth Shield ETF (BALT) at 3.96%. This indicates that RSPN'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.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
13.93%
3.96%
RSPN
BALT