Innovator Defined Wealth Shield ETF (BALT)
| Assets | $2.50B |
| Expense Ratio | 0.69% |
| PE Ratio | n/a |
| Shares Out | 74.98M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 910,826 |
| Open | 34.27 |
| Previous Close | 34.27 |
| Day's Range | 34.21 - 34.31 |
| 52-Week Low | 32.04 |
| 52-Week High | 34.36 |
| 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 | 99.39% |
| Deposits With Broker For Short Positions | n/a | 8.47% |
| Us Bank Mmda - Usbgfs 9 | n/a | 0.60% |
| Option on State Street® SPDR® S&P 500® ETF | n/a | 0.01% |
| Option on State Street® SPDR® S&P 500® ETF | n/a | -0.01% |
| Option on State Street® SPDR® S&P 500® ETF | n/a | -8.46% |
Performance
BALT had a total return of 6.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.95%.
News
Buffer ETFs Give Cash-Shy Investors a Way Back In
With the S&P 500 hovering near 7,500, plenty of investors are sitting on piles of cash, too nervous to put money to work near record highs. That tension was in focus during a May panel hosted by Goldm...
The Inflation Impact: 3 ETF Approaches for Managing Risk
It certainly seems like the threat of inflation won't be going away any time soon. On Wednesday, June 10, the CPI numbers for May came out, showing that the index rose 0.5% for the month.
Can Buffer ETFs Replace Bonds? Goldman Thinks So
Goldman Sachs Group, Inc.'s (GS) asset management division said its ETF platform crossed $100 billion in assets last week, just two months after closing its acquisition of Innovator Capital Management...
Goldman Sachs ETFs Hit $100 Billion AUM
Goldman Sachs Asset Management (GSAM) made a big announcement this week, touting $100 billion in total ETF AUM. The milestone comes following the firm's recent acquisition of Innovator ETFs adding sev...
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.