Innovator Defined Wealth Etf Profile
| BALT Etf | USD 31.40 0.14 0.44% |
PerformanceVery Weak
| Odds Of DistressBelow Average
|
Innovator Defined is selling for under 31.40 as of the 10th of March 2025; that is 0.44 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 31.35. Innovator Defined has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 11th of September 2024 and ending today, the 10th of March 2025. Click here to learn more.
The fund invests at least 80 percent of its net assets in FLexible EXchange Options that reference the SPDR SP 500 ETF Trust . Innovator Defined is traded on BATS Exchange in the United States. The company has 57.56 M outstanding shares of which 6.3 M shares are currently shorted by private and institutional investors with about 0.0 trading days to cover. More on Innovator Defined Wealth
Moving together with Innovator Etf
| 0.67 | INOV | Innovator ETFs Trust | PairCorr |
| 0.78 | BUFR | First Trust Cboe | PairCorr |
| 0.81 | BUFD | FT Cboe Vest | PairCorr |
| 0.79 | PSEP | Innovator SP 500 | PairCorr |
| 0.9 | PJAN | Innovator SP 500 | PairCorr |
| 0.77 | PJUL | Innovator SP 500 | PairCorr |
Moving against Innovator Etf
Innovator Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Large Cap ETFs, Size And Style ETFs, Defined Outcome, Innovator ETFs, Shipping, Services (View all Sectors) |
| Issuer | Innovator Capital Management |
| Inception Date | 2021-06-30 |
| Benchmark | SPDR S&P 500 ETF Trust |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.23 Billion |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Innovator Capital Management, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Robert T. Cummings, Yin Bhuyan |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Oct |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 5.0 |
| Market Maker | Citadel |
| Total Expense | 0.69 |
| Management Fee | 0.69 |
| Country Name | USA |
| Returns Y T D | (0.06) |
| Name | Innovator Defined Wealth Shield ETF |
| Currency Code | USD |
| Open Figi | BBG011MFV0P6 |
| In Threey Volatility | 2.9 |
| 1y Volatility | 2.46 |
| 200 Day M A | 30.8112 |
| 50 Day M A | 31.6382 |
| Code | BALT |
| Updated At | 10th of March 2025 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.91 |
Innovator Defined Wealth [BALT] is traded in USA and was established 2021-06-30. The fund is listed under Defined Outcome category and is part of Innovator ETFs family. The entity is thematically classified as Large Cap ETFs. Innovator Defined Wealth currently have 187.36 M in assets under management (AUM). , while the total return for the last 3 years was 6.7%.
Innovator Defined Wealth currently holds about 9.93 M in cash with 1.1 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.27.
Check Innovator Defined Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Innovator Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Innovator Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Innovator Defined Wealth Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Innovator Defined Wealth Etf Constituents
| Spy 09/30/2022 0.94 C | 201.84% |
| Spy 09/30/2022 301.8 P | 0.70999996% |
| Spy 09/30/2022 377.25 P | 5.9299998% |
| Spy 09/30/2022 386.3 C | 8.2600005% |
Innovator Defined Wealth Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Innovator Defined. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0012 | |||
| Jensen Alpha | 0.0072 | |||
| Total Risk Alpha | 0.016 | |||
| Sortino Ratio | 0.2769 |
Innovator Defined Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Innovator Defined Wealth. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of Innovator Defined Wealth is measured differently than its book value, which is the value of Innovator that is recorded on the company's balance sheet. Investors also form their own opinion of Innovator Defined's value that differs from its market value or its book value, called intrinsic value, which is Innovator Defined's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innovator Defined's market value can be influenced by many factors that don't directly affect Innovator Defined's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innovator Defined's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Defined is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Defined's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.