BALT vs CWI

Comparison between Innovator Defined Wealth Shield ETF (BALT, ETF) and STATE STREET(R) SPDR(R) MSCI ACWI EX-US ETF (CWI, ETF).

5-Year PerformanceCWI has outperformed BALT, delivering a return of +9.9% compared to +6.1%

BALT vs CWI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BALT(ETF)	CWI(ETF)
Net Assets	$2.80B	$2.80B
Expense Ratio	0.69%	0.30%
Max Drawdown	4.89%	62.39%
Sharpe Ratio	1.27	1.24
5Y Beta	0.19	0.78
5Y Dividends CAGR	N/A	11.50%

Net Assets

BALT

$2.80B

CWI

$2.80B

Expense Ratio

BALT

0.69%

Winner

CWI

0.30%

Max Drawdown

Winner

BALT

4.89%

CWI

62.39%

Sharpe Ratio

Winner

BALT

1.27

CWI

1.24

5Y Beta

Winner

BALT

0.19

CWI

0.78

5Y Dividends CAGR

BALT

N/A

CWI

11.50%

BALT vs CWI - Historical Returns

Returns include dividend reinvestment.

Period	BALT	CWI
1 month	+1.05%	+4.11%
3 months	+1.79%	+4.25%
6 months	+2.75%	+5.30%
1 year	+6.77%	+25.92%
5 years(CAGR)	+6.10%	+9.89%
10 years(CAGR)	N/A	+9.67%
Max(CAGR)	+5.99%	+5.53%

BALT

+1.05%

Winner

CWI

+4.11%

BALT

+1.79%

Winner

CWI

+4.25%

BALT

+2.75%

Winner

CWI

+5.30%

BALT

+6.77%

Winner

CWI

+25.92%

5Y(CAGR)

BALT

+6.10%

Winner

CWI

+9.89%

10Y(CAGR)

BALT

N/A

CWI

+9.67%

Max(CAGR)

Winner

BALT

+5.99%

CWI

+5.53%

BALT vs CWI - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	BALT	CWI
2026	+3.46%	+14.39%
2025	+6.57%	+32.76%
2024	+10.32%	+7.58%
2023	+7.61%	+15.05%
2022	+2.48%	-15.80%
2021	+0.82%	+8.00%
2020	N/A	+8.58%
2019	N/A	+22.09%
2018	N/A	-14.65%
2017	N/A	+25.95%
2016	N/A	+6.67%
2015	N/A	-4.94%
2014	N/A	-1.28%
2013	N/A	+12.22%
2012	N/A	+13.69%
2011	N/A	-14.44%
2010	N/A	+8.51%
2009	N/A	+35.42%
2008	N/A	-41.96%
2007	N/A	+15.36%

BALT vs CWI Drawdown Comparison

The maximum drawdown for BALT was -4.89%, occurring on Apr 8, 2025. Recovery took 71 trading sessions.

The maximum drawdown for CWI was -60.77%, occurring on Mar 9, 2009. Recovery took 1668 trading sessions.

The current BALT drawdown is -0.12%. The current CWI drawdown is -1.03%.

Rank	BALT	CWI
#1	-4.89% Feb 20, 2025 - Jun 3, 2025	-60.77% Oct 31, 2007 - Jun 18, 2014
#2	-2.16% Jan 4, 2022 - Jul 8, 2022	-34.64% Jan 26, 2018 - Nov 13, 2020
#3	-1.98% Aug 25, 2022 - Nov 10, 2022	-29.42% Jun 14, 2021 - May 9, 2024
#4	-1.85% Jul 16, 2024 - Aug 19, 2024	-25.24% Jul 3, 2014 - May 5, 2017
#5	-1.84% Sep 14, 2023 - Nov 14, 2023	-13.85% Mar 19, 2025 - May 2, 2025
#6	-1.15% Feb 25, 2026 - Apr 14, 2026	-12.72% Jul 13, 2007 - Oct 1, 2007
#7	-1.14% Aug 30, 2024 - Sep 13, 2024	-11.47% Feb 25, 2026 - May 6, 2026
#8	-1.03% Mar 28, 2024 - May 9, 2024	-9.50% Sep 26, 2024 - Mar 17, 2025
#9	-0.85% Jul 31, 2023 - Aug 30, 2023	-8.03% Jul 12, 2024 - Aug 23, 2024
#10	-0.85% Nov 11, 2025 - Nov 25, 2025	-7.91% Feb 26, 2007 - Apr 3, 2007
#11	-0.76% Dec 16, 2024 - Dec 24, 2024	-5.32% Jun 22, 2026 - Aug 12, 2026
#12	-0.76% Mar 6, 2023 - Mar 21, 2023	-4.96% Nov 12, 2025 - Dec 10, 2025
#13	-0.62% Dec 11, 2025 - Dec 22, 2025	-4.92% Feb 16, 2021 - Apr 15, 2021
#14	-0.58% Sep 27, 2021 - Oct 19, 2021	-4.84% Jun 2, 2026 - Jun 15, 2026
#15	-0.55% Jul 16, 2026 - Aug 3, 2026	-4.58% Jan 21, 2021 - Feb 9, 2021