IBTH vs BALT

Comparison between ISHARES IBONDS DEC 2027 TERM TREASURY ETF (IBTH, ETF) and Innovator Defined Wealth Shield ETF (BALT, ETF).

5-Year PerformanceBALT has outperformed IBTH, delivering a return of +5.9% compared to +0.5%

IBTH vs BALT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IBTH(ETF)	BALT(ETF)
Net Assets	$2.10B	$2.20B
Expense Ratio	0.07%	0.69%
Max Drawdown	18.73%	4.89%
Sharpe Ratio	0.02	1.74
5Y Beta	-0.02	0.21
5Y Dividends CAGR	43.04%	N/A

Net Assets

IBTH

$2.10B

Winner

BALT

$2.20B

Expense Ratio

Winner

IBTH

0.07%

BALT

0.69%

Max Drawdown

IBTH

18.73%

Winner

BALT

4.89%

Sharpe Ratio

IBTH

0.02

Winner

BALT

1.74

5Y Beta

Winner

IBTH

-0.02

BALT

0.21

5Y Dividends CAGR

IBTH

43.04%

BALT

N/A

IBTH vs BALT - Historical Returns

Returns include dividend reinvestment.

Period	IBTH	BALT
1 month	+0.28%	+0.89%
3 months	+0.51%	+0.70%
6 months	+1.52%	+3.17%
1 year	+3.98%	+7.68%
5 years(CAGR)	+0.50%	+5.92%
Max(CAGR)	+0.62%	+5.92%

IBTH

+0.28%

Winner

BALT

+0.89%

IBTH

+0.51%

Winner

BALT

+0.70%

IBTH

+1.52%

Winner

BALT

+3.17%

IBTH

+3.98%

Winner

BALT

+7.68%

5Y(CAGR)

IBTH

+0.50%

Winner

BALT

+5.92%

Max(CAGR)

IBTH

+0.62%

Winner

BALT

+5.92%

IBTH vs BALT - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	IBTH	BALT
2026	+0.83%	+1.37%
2025	+5.34%	+6.57%
2024	+3.47%	+10.32%
2023	+4.12%	+7.61%
2022	-9.28%	+2.48%
2021	-3.46%	+0.82%
2020	+4.20%	N/A

IBTH vs BALT Drawdown Comparison

The maximum drawdown for IBTH was -16.17%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

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

The current IBTH drawdown is -1.43%. The current BALT drawdown is -0.06%.

Rank	IBTH	BALT
#1	-16.17% Aug 4, 2020 - Oct 20, 2022	-4.89% Feb 20, 2025 - Jun 3, 2025
#2	-3.13% Mar 9, 2020 - Mar 30, 2020	-2.16% Jan 4, 2022 - Jul 8, 2022
#3	-1.43% Apr 21, 2020 - Jul 9, 2020	-1.98% Aug 25, 2022 - Nov 10, 2022
#4	-0.88% Apr 1, 2020 - Apr 20, 2020	-1.85% Jul 16, 2024 - Aug 19, 2024
#5	-0.23% Jul 9, 2020 - Jul 15, 2020	-1.84% Sep 14, 2023 - Nov 14, 2023
#6	-0.19% Mar 3, 2020 - Mar 5, 2020	-1.15% Feb 25, 2026 - Apr 14, 2026
#7	-0.15% Jul 24, 2020 - Jul 28, 2020	-1.14% Aug 30, 2024 - Sep 13, 2024
#8	-0.06% Jul 15, 2020 - Jul 21, 2020	-1.03% Mar 28, 2024 - May 9, 2024
#9	-0.04% Jul 31, 2020 - Aug 4, 2020	-0.85% Jul 31, 2023 - Aug 30, 2023
#10	N/A	-0.85% Nov 11, 2025 - Nov 25, 2025
#11	N/A	-0.76% Dec 16, 2024 - Dec 24, 2024
#12	N/A	-0.76% Mar 6, 2023 - Mar 21, 2023
#13	N/A	-0.62% Dec 11, 2025 - Dec 22, 2025
#14	N/A	-0.58% Sep 27, 2021 - Oct 19, 2021
#15	N/A	-0.55% Oct 8, 2025 - Oct 20, 2025