Innovator Defined Wealth Shield ETF (BALT)
| Assets | $3.25B |
| Expense Ratio | 0.69% |
| PE Ratio | n/a |
| Forward PE | n/a |
| Shares Out | 93.73M |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 227,604 |
| Open | 34.88 |
| Previous Close | 34.78 |
| Day's Range | 34.81 - 34.96 |
| 52-Week Low | 32.79 |
| 52-Week High | 35.15 |
| Beta | 0.14 |
| Holdings | 6 |
| Inception Date | Jul 1, 2021 |
About BALT
Fund Home PageThe Innovator Defined Wealth Shield ETF (BALT) is an exchange-traded fund that is based on the S&P 500 index. The fund aims to participate in the price movement of the SPDR S&P 500 ETF (ticker: SPY), up to a cap while buffering the first 15-20% decline. The fund resets it's buffer and cap levels every three-months BALT was launched on Jul 1, 2021 and is issued by Innovator.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Option on State Street® SPDR® S&P 500® ETF | n/a | 95.22% |
| Option on State Street® SPDR® S&P 500® ETF | n/a | 4.45% |
| Deposits With Broker For Short Positions | n/a | 0.78% |
| Us Bank Mmda - Usbgfs 9 | n/a | 0.32% |
| Option on State Street® SPDR® S&P 500® ETF | n/a | -0.36% |
| Option on State Street® SPDR® S&P 500® ETF | n/a | -0.42% |
Performance
BALT had a total return of 4.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.66%.
News
As Markets Teeter, Downside Protection ETF BALT Appeals
Selloffs increased last week amid growing concern about AI-rattled markets, with the Nasdaq-100 down 2.3% in the last five days. That has investors spooked, with many calling their advisors.
The Numbers Are In: Active ETF Innovation Pulling Big Flows
The ETF ecosystem is broad, and growing almost every day. Hundreds of ETFs launch each year, diversifying the options available to investors and advisors.
Buffer ETF BALT Hits $3 Billion Milestone as Costs Rise
The ETF ecosystem has proved a fertile ground for investing innovation. Each year, numerous strategies launch, embracing the wrapper's flexibility, transparency, and tax efficiency.
Why investors are flocking to defined-outcome ETFs
Kathmere Capital CIO Nick Ryder and Goldman Sachs Asset Management Third Party Wealth co-head Bryon Lake join CNBC's Dominic Chu on “ETF Edge” to break down Goldman's Innovator acquisition and how def...
Inside Goldman's $2 billion defined-outcome ETF acquisition
Bryon Lake, Goldman Sachs Asset Management Third Party Wealth co-head, joins Dominic Chu on 'Halftime Report' to discuss what buying Innovator Capital Management means for the firm, the opportunity in...
Time for a buffer? Defined outcome strategies in a down market
Safeguarding against downside risks remains an evergreen strategy for investors this year, with ETFs that offer a "buffer" increasingly in demand.