BALT vs REMX

Comparison between Innovator Defined Wealth Shield ETF (BALT, ETF) and VANECK RARE EARTH AND STRATEGIC METALS ETF (REMX, ETF).

5-Year PerformanceBALT has outperformed REMX, delivering a return of +6.0% compared to -1.5%

BALT vs REMX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BALT(ETF)	REMX(ETF)
Net Assets	$2.60B	$2.70B
Expense Ratio	0.69%	0.53%
Max Drawdown	4.89%	92.95%
Sharpe Ratio	1.36	1.29
5Y Beta	0.20	1.21
5Y Dividends CAGR	N/A	13.97%

Net Assets

BALT

$2.60B

Winner

REMX

$2.70B

Expense Ratio

BALT

0.69%

Winner

REMX

0.53%

Max Drawdown

Winner

BALT

4.89%

REMX

92.95%

Sharpe Ratio

Winner

BALT

1.36

REMX

1.29

5Y Beta

Winner

BALT

0.20

REMX

1.21

5Y Dividends CAGR

BALT

N/A

REMX

13.97%

BALT vs REMX - Historical Returns

Returns include dividend reinvestment.

Period	BALT	REMX
1 month	+0.55%	-18.32%
3 months	+1.71%	-19.90%
6 months	+2.36%	-13.34%
1 year	+6.83%	+70.89%
5 years(CAGR)	+5.99%	-1.46%
10 years(CAGR)	N/A	+6.96%
Max(CAGR)	+5.95%	-3.95%

Winner

BALT

+0.55%

REMX

-18.32%

Winner

BALT

+1.71%

REMX

-19.90%

Winner

BALT

+2.36%

REMX

-13.34%

BALT

+6.83%

Winner

REMX

+70.89%

5Y(CAGR)

Winner

BALT

+5.99%

REMX

-1.46%

10Y(CAGR)

BALT

N/A

REMX

+6.96%

Max(CAGR)

Winner

BALT

+5.95%

REMX

-3.95%

BALT vs REMX - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	BALT	REMX
2026	+2.59%	+3.07%
2025	+6.57%	+90.95%
2024	+10.32%	-34.70%
2023	+7.61%	-17.59%
2022	+2.48%	-31.65%
2021	+0.82%	+72.76%
2020	N/A	+60.59%
2019	N/A	-0.28%
2018	N/A	-50.42%
2017	N/A	+80.08%
2016	N/A	+31.53%
2015	N/A	-44.36%
2014	N/A	-28.72%
2013	N/A	-33.75%
2012	N/A	-13.86%
2011	N/A	-38.19%
2010	N/A	+23.01%

BALT vs REMX Drawdown Comparison

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

The maximum drawdown for REMX was -90.19%, occurring on Mar 16, 2020. This drawdown has not yet recovered.

The current REMX drawdown is -63.69%.

Rank	BALT	REMX
#1	-4.89% Feb 20, 2025 - Jun 3, 2025	-90.19% Apr 11, 2011 - Mar 16, 2020
#2	-2.16% Jan 4, 2022 - Jul 8, 2022	-15.28% Mar 3, 2011 - Mar 31, 2011
#3	-1.98% Aug 25, 2022 - Nov 10, 2022	-10.06% Jan 3, 2011 - Mar 3, 2011
#4	-1.85% Jul 16, 2024 - Aug 19, 2024	-9.15% Nov 11, 2010 - Dec 21, 2010
#5	-1.84% Sep 14, 2023 - Nov 14, 2023	-2.04% Dec 30, 2010 - Jan 3, 2011
#6	-1.15% Feb 25, 2026 - Apr 14, 2026	-1.89% Nov 4, 2010 - Nov 10, 2010
#7	-1.14% Aug 30, 2024 - Sep 13, 2024	-1.50% Oct 29, 2010 - Nov 4, 2010
#8	-1.03% Mar 28, 2024 - May 9, 2024	-0.95% Apr 5, 2011 - Apr 7, 2011
#9	-0.85% Jul 31, 2023 - Aug 30, 2023	-0.05% Dec 21, 2010 - Dec 23, 2010
#10	-0.85% Nov 11, 2025 - Nov 25, 2025	N/A
#11	-0.76% Dec 16, 2024 - Dec 24, 2024	N/A
#12	-0.76% Mar 6, 2023 - Mar 21, 2023	N/A
#13	-0.62% Dec 11, 2025 - Dec 22, 2025	N/A
#14	-0.58% Sep 27, 2021 - Oct 19, 2021	N/A
#15	-0.55% Oct 8, 2025 - Oct 20, 2025	N/A

Correlation

Correlation between BALT and REMX is -0.40 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.40

-101