ETY vs BALT

Comparison between Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY, ETF) and Innovator Defined Wealth Shield ETF (BALT, ETF).

5-Year PerformanceETY has outperformed BALT, delivering a return of +9.1% compared to +5.9%

ETY vs BALT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETY(ETF)	BALT(ETF)
Net Assets	$2.50B	$2.50B
Expense Ratio	N/A	0.69%
Max Drawdown	64.57%	4.89%
Sharpe Ratio	0.04	1.34
5Y Beta	0.93	0.20
5Y Dividends CAGR	4.98%	N/A

Net Assets

ETY

$2.50B

BALT

$2.50B

Expense Ratio

ETY

N/A

BALT

0.69%

Max Drawdown

ETY

64.57%

Winner

BALT

4.89%

Sharpe Ratio

ETY

0.04

Winner

BALT

1.34

5Y Beta

ETY

0.93

Winner

BALT

0.20

5Y Dividends CAGR

ETY

4.98%

BALT

N/A

ETY vs BALT - Historical Returns

Returns include dividend reinvestment.

Period	ETY	BALT
1 month	-0.69%	+0.35%
3 months	+3.20%	+2.00%
6 months	+0.71%	+3.34%
1 year	+4.07%	+7.01%
5 years(CAGR)	+9.13%	+5.91%
10 years(CAGR)	+12.58%	N/A
Max(CAGR)	+8.52%	+5.91%

ETY

-0.69%

Winner

BALT

+0.35%

Winner

ETY

+3.20%

BALT

+2.00%

ETY

+0.71%

Winner

BALT

+3.34%

ETY

+4.07%

Winner

BALT

+7.01%

5Y(CAGR)

Winner

ETY

+9.13%

BALT

+5.91%

10Y(CAGR)

ETY

+12.58%

BALT

N/A

Max(CAGR)

Winner

ETY

+8.52%

BALT

+5.91%

ETY vs BALT - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	ETY	BALT
2026	-1.73%	+1.97%
2025	+11.01%	+6.57%
2024	+35.10%	+10.32%
2023	+21.52%	+7.61%
2022	-20.72%	+2.48%
2021	+34.82%	+0.82%
2020	+6.29%	N/A
2019	+31.23%	N/A
2018	-10.18%	N/A
2017	+29.36%	N/A
2016	+4.62%	N/A
2015	+9.12%	N/A
2014	+12.87%	N/A
2013	+25.11%	N/A
2012	+16.30%	N/A
2011	-13.08%	N/A
2010	-2.81%	N/A
2009	+36.46%	N/A
2008	-25.83%	N/A
2007	-8.21%	N/A
2006	+0.25%	N/A

ETY vs BALT Drawdown Comparison

The maximum drawdown for ETY was -52.91%, occurring on Nov 20, 2008. Recovery took 1419 trading sessions.

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

The current ETY drawdown is -4.26%. The current BALT drawdown is -0.07%.

Rank	ETY	BALT
#1	-52.91% Jun 1, 2007 - Jan 18, 2013	-4.89% Feb 20, 2025 - Jun 3, 2025
#2	-42.40% Feb 12, 2020 - Nov 17, 2020	-2.16% Jan 4, 2022 - Jul 8, 2022
#3	-24.43% Sep 13, 2018 - Jun 20, 2019	-1.98% Aug 25, 2022 - Nov 10, 2022
#4	-24.03% Dec 31, 2021 - Feb 5, 2024	-1.85% Jul 16, 2024 - Aug 19, 2024
#5	-21.28% Feb 19, 2025 - Jun 25, 2025	-1.84% Sep 14, 2023 - Nov 14, 2023
#6	-14.39% Sep 22, 2025 - Mar 30, 2026	-1.15% Feb 25, 2026 - Apr 14, 2026
#7	-13.90% Nov 3, 2015 - Aug 5, 2016	-1.14% Aug 30, 2024 - Sep 13, 2024
#8	-12.52% Sep 3, 2014 - Nov 5, 2014	-1.03% Mar 28, 2024 - May 9, 2024
#9	-11.93% Jul 20, 2015 - Nov 3, 2015	-0.85% Jul 31, 2023 - Aug 30, 2023
#10	-8.97% Jan 26, 2018 - May 8, 2018	-0.85% Nov 11, 2025 - Nov 25, 2025
#11	-8.63% Sep 8, 2016 - Jan 26, 2017	-0.76% Dec 16, 2024 - Dec 24, 2024
#12	-8.09% May 21, 2013 - Jul 15, 2013	-0.76% Mar 6, 2023 - Mar 21, 2023
#13	-7.21% Jul 10, 2024 - Aug 30, 2024	-0.62% Dec 11, 2025 - Dec 22, 2025
#14	-6.77% Nov 28, 2014 - Feb 27, 2015	-0.58% Sep 27, 2021 - Oct 19, 2021
#15	-6.17% Jan 22, 2014 - Feb 18, 2014	-0.55% Oct 8, 2025 - Oct 20, 2025