BALT vs PXF

Comparison between Innovator Defined Wealth Shield ETF (BALT, ETF) and INVESCO FTSE RAFI DEVELOPED MARKETS EX-U.S. ETF (PXF, ETF).

5-Year PerformancePXF has outperformed BALT, delivering a return of +14.8% compared to +6.1%

BALT vs PXF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BALT(ETF)	PXF(ETF)
Net Assets	$2.80B	$2.90B
Expense Ratio	0.69%	0.43%
Max Drawdown	4.89%	65.71%
Sharpe Ratio	1.27	1.73
5Y Beta	0.19	0.72
5Y Dividends CAGR	N/A	20.92%

Net Assets

BALT

$2.80B

Winner

PXF

$2.90B

Expense Ratio

BALT

0.69%

Winner

PXF

0.43%

Max Drawdown

Winner

BALT

4.89%

PXF

65.71%

Sharpe Ratio

BALT

1.27

Winner

PXF

1.73

5Y Beta

Winner

BALT

0.19

PXF

0.72

5Y Dividends CAGR

BALT

N/A

PXF

20.92%

BALT vs PXF - Historical Returns

Returns include dividend reinvestment.

Period	BALT	PXF
1 month	+1.05%	+5.14%
3 months	+1.79%	+4.85%
6 months	+2.75%	+7.47%
1 year	+6.77%	+35.93%
5 years(CAGR)	+6.10%	+14.83%
10 years(CAGR)	N/A	+11.76%
Max(CAGR)	+5.99%	+5.63%

BALT

+1.05%

Winner

PXF

+5.14%

BALT

+1.79%

Winner

PXF

+4.85%

BALT

+2.75%

Winner

PXF

+7.47%

BALT

+6.77%

Winner

PXF

+35.93%

5Y(CAGR)

BALT

+6.10%

Winner

PXF

+14.83%

10Y(CAGR)

BALT

N/A

PXF

+11.76%

Max(CAGR)

Winner

BALT

+5.99%

PXF

+5.63%

BALT vs PXF - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	BALT	PXF
2026	+3.46%	+21.53%
2025	+6.57%	+42.94%
2024	+10.32%	+5.44%
2023	+7.61%	+17.64%
2022	+2.48%	-9.89%
2021	+0.82%	+15.16%
2020	N/A	+1.75%
2019	N/A	+17.66%
2018	N/A	-15.52%
2017	N/A	+23.77%
2016	N/A	+8.91%
2015	N/A	-5.40%
2014	N/A	-5.31%
2013	N/A	+22.01%
2012	N/A	+13.11%
2011	N/A	-17.35%
2010	N/A	+3.74%
2009	N/A	+37.81%
2008	N/A	-41.42%
2007	N/A	+2.78%

BALT vs PXF Drawdown Comparison

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

The maximum drawdown for PXF was -64.74%, occurring on Mar 9, 2009. Recovery took 2408 trading sessions.

The current BALT drawdown is -0.12%. The current PXF drawdown is -0.46%.

Rank	BALT	PXF
#1	-4.89% Feb 20, 2025 - Jun 3, 2025	-64.74% Dec 19, 2007 - Jul 14, 2017
#2	-2.16% Jan 4, 2022 - Jul 8, 2022	-41.56% Jan 26, 2018 - Jan 7, 2021
#3	-1.98% Aug 25, 2022 - Nov 10, 2022	-26.85% Jan 12, 2022 - Jul 26, 2023
#4	-1.85% Jul 16, 2024 - Aug 19, 2024	-14.06% Mar 19, 2025 - May 2, 2025
#5	-1.84% Sep 14, 2023 - Nov 14, 2023	-11.27% Jul 13, 2007 - Oct 11, 2007
#6	-1.15% Feb 25, 2026 - Apr 14, 2026	-10.91% Feb 27, 2026 - May 6, 2026
#7	-1.14% Aug 30, 2024 - Sep 13, 2024	-10.24% Jul 28, 2023 - Dec 13, 2023
#8	-1.03% Mar 28, 2024 - May 9, 2024	-9.35% Sep 26, 2024 - Mar 5, 2025
#9	-0.85% Jul 31, 2023 - Aug 30, 2023	-8.79% Oct 31, 2007 - Dec 19, 2007
#10	-0.85% Nov 11, 2025 - Nov 25, 2025	-8.39% Jun 7, 2021 - Jan 11, 2022
#11	-0.76% Dec 16, 2024 - Dec 24, 2024	-7.30% Jul 12, 2024 - Aug 21, 2024
#12	-0.76% Mar 6, 2023 - Mar 21, 2023	-5.58% Jun 2, 2026 - Aug 5, 2026
#13	-0.62% Dec 11, 2025 - Dec 22, 2025	-5.18% Jan 8, 2021 - Feb 11, 2021
#14	-0.58% Sep 27, 2021 - Oct 19, 2021	-5.02% Nov 12, 2025 - Dec 3, 2025
#15	-0.55% Jul 16, 2026 - Aug 3, 2026	-4.64% May 17, 2024 - Jul 12, 2024