ESML vs BALT

Comparison between ISHARES ESG AWARE MSCI USA SMALL-CAP ETF (ESML, ETF) and Innovator Defined Wealth Shield ETF (BALT, ETF).

5-Year PerformanceESML has outperformed BALT, delivering a return of +6.8% compared to +5.9%

ESML vs BALT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ESML(ETF)	BALT(ETF)
Net Assets	$2.10B	$2.20B
Expense Ratio	0.17%	0.69%
Max Drawdown	41.97%	4.89%
Sharpe Ratio	1.79	1.74
5Y Beta	1.06	0.21
P/E Ratio	42.06	N/A
Forward P/E	15.88	N/A
5Y Dividends CAGR	12.42%	N/A
5Y EPS CAGR	14.91%	N/A
P/S Ratio	1.42	N/A
P/B Ratio	2.51	N/A

Net Assets

ESML

$2.10B

Winner

BALT

$2.20B

Expense Ratio

Winner

ESML

0.17%

BALT

0.69%

Max Drawdown

ESML

41.97%

Winner

BALT

4.89%

Sharpe Ratio

Winner

ESML

1.79

BALT

1.74

5Y Beta

ESML

1.06

Winner

BALT

0.21

P/E Ratio

ESML

42.06

BALT

N/A

Forward P/E

ESML

15.88

BALT

N/A

5Y Dividends CAGR

ESML

12.42%

BALT

N/A

5Y EPS CAGR

ESML

14.91%

BALT

N/A

P/S Ratio

ESML

1.42

BALT

N/A

P/B Ratio

ESML

2.51

BALT

N/A

ESML vs BALT - Historical Returns

Returns include dividend reinvestment.

Period	ESML	BALT
1 month	+6.58%	+0.89%
3 months	+4.85%	+0.70%
6 months	+17.50%	+3.17%
1 year	+36.74%	+7.68%
5 years(CAGR)	+6.76%	+5.92%
10 years(CAGR)	+10.61%	N/A
Max(CAGR)	+10.61%	+5.92%

Winner

ESML

+6.58%

BALT

+0.89%

Winner

ESML

+4.85%

BALT

+0.70%

Winner

ESML

+17.50%

BALT

+3.17%

Winner

ESML

+36.74%

BALT

+7.68%

5Y(CAGR)

Winner

ESML

+6.76%

BALT

+5.92%

10Y(CAGR)

ESML

+10.61%

BALT

N/A

Max(CAGR)

Winner

ESML

+10.61%

BALT

+5.92%

ESML vs BALT - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	ESML	BALT
2026	+13.03%	+1.37%
2025	+10.70%	+6.57%
2024	+12.55%	+10.32%
2023	+17.68%	+7.61%
2022	-18.01%	+2.48%
2021	+20.80%	+0.82%
2020	+19.56%	N/A
2019	+28.89%	N/A
2018	-10.88%	N/A

ESML vs BALT Drawdown Comparison

The maximum drawdown for ESML was -41.97%, occurring on Mar 23, 2020. Recovery took 206 trading sessions.

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

The current ESML drawdown is -0.29%. The current BALT drawdown is -0.06%.

Rank	ESML	BALT
#1	-41.97% Jan 16, 2020 - Nov 9, 2020	-4.89% Feb 20, 2025 - Jun 3, 2025
#2	-28.61% Nov 8, 2021 - Jul 16, 2024	-2.16% Jan 4, 2022 - Jul 8, 2022
#3	-26.68% Nov 25, 2024 - Sep 18, 2025	-1.98% Aug 25, 2022 - Nov 10, 2022
#4	-25.31% Aug 29, 2018 - Nov 27, 2019	-1.85% Jul 16, 2024 - Aug 19, 2024
#5	-9.04% Feb 26, 2026 - Apr 14, 2026	-1.84% Sep 14, 2023 - Nov 14, 2023
#6	-8.34% Jul 16, 2024 - Sep 19, 2024	-1.15% Feb 25, 2026 - Apr 14, 2026
#7	-7.95% Mar 15, 2021 - Apr 26, 2021	-1.14% Aug 30, 2024 - Sep 13, 2024
#8	-7.83% Jun 8, 2021 - Oct 20, 2021	-1.03% Mar 28, 2024 - May 9, 2024
#9	-7.16% Oct 27, 2025 - Dec 4, 2025	-0.85% Jul 31, 2023 - Aug 30, 2023
#10	-6.29% Apr 28, 2021 - Jun 8, 2021	-0.85% Nov 11, 2025 - Nov 25, 2025
#11	-5.39% Feb 24, 2021 - Mar 11, 2021	-0.76% Dec 16, 2024 - Dec 24, 2024
#12	-4.31% Nov 11, 2024 - Nov 25, 2024	-0.76% Mar 6, 2023 - Mar 21, 2023
#13	-4.08% Jan 20, 2021 - Feb 4, 2021	-0.62% Dec 11, 2025 - Dec 22, 2025
#14	-4.06% Oct 6, 2025 - Oct 24, 2025	-0.58% Sep 27, 2021 - Oct 19, 2021
#15	-3.41% Jun 20, 2018 - Jul 9, 2018	-0.55% Oct 8, 2025 - Oct 20, 2025