BALT vs TBLL

Comparison between Innovator Defined Wealth Shield ETF (BALT, ETF) and INVESCO SHORT TERM TREASURY ETF (TBLL, ETF).

5-Year PerformanceBALT has outperformed TBLL, delivering a return of +5.9% compared to +3.4%

BALT vs TBLL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BALT(ETF)	TBLL(ETF)
Net Assets	$2.50B	$2.50B
Expense Ratio	0.69%	0.08%
Max Drawdown	4.89%	1.30%
Sharpe Ratio	1.35	0.78
5Y Beta	0.20	-0.00
5Y Dividends CAGR	N/A	69.64%

Net Assets

BALT

$2.50B

TBLL

$2.50B

Expense Ratio

BALT

0.69%

Winner

TBLL

0.08%

Max Drawdown

BALT

4.89%

Winner

TBLL

1.30%

Sharpe Ratio

Winner

BALT

1.35

TBLL

0.78

5Y Beta

BALT

0.20

Winner

TBLL

-0.00

5Y Dividends CAGR

BALT

N/A

TBLL

69.64%

BALT vs TBLL - Historical Returns

Returns include dividend reinvestment.

Period	BALT	TBLL
1 month	+0.38%	+0.31%
3 months	+1.79%	+0.90%
6 months	+3.00%	+1.73%
1 year	+6.91%	+3.92%
5 years(CAGR)	+5.92%	+3.37%
10 years(CAGR)	N/A	+2.38%
Max(CAGR)	+5.92%	+2.38%

Winner

BALT

+0.38%

TBLL

+0.31%

Winner

BALT

+1.79%

TBLL

+0.90%

Winner

BALT

+3.00%

TBLL

+1.73%

Winner

BALT

+6.91%

TBLL

+3.92%

5Y(CAGR)

Winner

BALT

+5.92%

TBLL

+3.37%

10Y(CAGR)

BALT

N/A

TBLL

+2.38%

Max(CAGR)

Winner

BALT

+5.92%

TBLL

+2.38%

BALT vs TBLL - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	BALT	TBLL
2026	+1.94%	+1.51%
2025	+6.57%	+4.21%
2024	+10.32%	+5.11%
2023	+7.61%	+4.98%
2022	+2.48%	+1.12%
2021	+0.82%	-0.02%
2020	N/A	+0.87%
2019	N/A	+2.16%
2018	N/A	+1.83%
2017	N/A	+0.62%

BALT vs TBLL Drawdown Comparison

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

The maximum drawdown for TBLL was -0.63%, occurring on Feb 14, 2022. Recovery took 631 trading sessions.

Rank	BALT	TBLL
#1	-4.89% Feb 20, 2025 - Jun 3, 2025	-0.63% May 11, 2020 - Nov 9, 2022
#2	-2.16% Jan 4, 2022 - Jul 8, 2022	-0.52% Mar 18, 2020 - May 11, 2020
#3	-1.98% Aug 25, 2022 - Nov 10, 2022	-0.36% Sep 28, 2023 - Oct 20, 2023
#4	-1.85% Jul 16, 2024 - Aug 19, 2024	-0.18% Dec 19, 2023 - Dec 21, 2023
#5	-1.84% Sep 14, 2023 - Nov 14, 2023	-0.17% Apr 1, 2019 - Apr 4, 2019
#6	-1.15% Feb 25, 2026 - Apr 14, 2026	-0.16% Sep 24, 2018 - Oct 22, 2018
#7	-1.14% Aug 30, 2024 - Sep 13, 2024	-0.15% Dec 19, 2019 - Jan 23, 2020
#8	-1.03% Mar 28, 2024 - May 9, 2024	-0.14% Mar 13, 2020 - Mar 18, 2020
#9	-0.85% Jul 31, 2023 - Aug 30, 2023	-0.11% Dec 4, 2018 - Dec 7, 2018
#10	-0.85% Nov 11, 2025 - Nov 25, 2025	-0.10% Nov 10, 2022 - Nov 14, 2022
#11	-0.76% Dec 16, 2024 - Dec 24, 2024	-0.10% Nov 13, 2017 - Nov 28, 2017
#12	-0.76% Mar 6, 2023 - Mar 21, 2023	-0.10% Aug 17, 2018 - Aug 22, 2018
#13	-0.62% Dec 11, 2025 - Dec 22, 2025	-0.09% Nov 6, 2023 - Nov 9, 2023
#14	-0.58% Sep 27, 2021 - Oct 19, 2021	-0.08% Dec 15, 2023 - Dec 19, 2023
#15	-0.55% Oct 8, 2025 - Oct 20, 2025	-0.08% Jul 11, 2024 - Jul 15, 2024