IPAC vs BALT
Comparison between ISHARES CORE MSCI PACIFIC ETF (IPAC, ETF) and Innovator Defined Wealth Shield ETF (BALT, ETF).
5-Year PerformanceIPAC has outperformed BALT, delivering a return of +8.4% compared to +6.1%
IPAC vs BALT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
IPAC
$2.70B
Winner
BALT
$2.80B
Expense Ratio
Winner
IPAC
0.09%
BALT
0.69%
Max Drawdown
IPAC
35.11%
Winner
BALT
4.89%
Sharpe Ratio
IPAC
1.16
Winner
BALT
1.22
5Y Beta
IPAC
0.81
Winner
BALT
0.19
5Y Dividends CAGR
IPAC
16.42%
BALT
N/A
IPAC vs BALT - Historical Returns
Returns include dividend reinvestment.
1M
Winner
IPAC
+3.05%
BALT
+0.51%
3M
Winner
IPAC
+5.57%
BALT
+1.80%
6M
Winner
IPAC
+9.67%
BALT
+3.08%
1Y
Winner
IPAC
+25.51%
BALT
+6.67%
5Y(CAGR)
Winner
IPAC
+8.41%
BALT
+6.15%
10Y(CAGR)
IPAC
+9.08%
BALT
N/A
Max(CAGR)
Winner
IPAC
+7.70%
BALT
+6.02%
IPAC vs BALT - Annual Returns (2014 - 2026)
Returns include dividend reinvestment.
| Year | IPAC | BALT |
|---|---|---|
| 2026 | +19.06% | +3.77% |
| 2025 | +25.63% | +6.57% |
| 2024 | +7.18% | +10.32% |
| 2023 | +14.24% | +7.61% |
| 2022 | -13.68% | +2.48% |
| 2021 | +3.83% | +0.82% |
| 2020 | +11.23% | N/A |
| 2019 | +18.82% | N/A |
| 2018 | -13.52% | N/A |
| 2017 | +24.89% | N/A |
| 2016 | +6.70% | N/A |
| 2015 | +3.73% | N/A |
| 2014 | -5.19% | N/A |
IPAC vs BALT Drawdown Comparison
The maximum drawdown for IPAC was -30.99%, occurring on Mar 23, 2020. Recovery took 702 trading sessions.
The maximum drawdown for BALT was -4.89%, occurring on Apr 8, 2025. Recovery took 71 trading sessions.
The current BALT drawdown is -0.04%.
| Rank | IPAC | BALT |
|---|---|---|
| #1 | -30.99% Jan 26, 2018 - Nov 9, 2020 | -4.89% Feb 20, 2025 - Jun 3, 2025 |
| #2 | -29.61% Sep 13, 2021 - Jul 12, 2024 | -2.16% Jan 4, 2022 - Jul 8, 2022 |
| #3 | -22.39% Apr 28, 2015 - Feb 10, 2017 | -1.98% Aug 25, 2022 - Nov 10, 2022 |
| #4 | -15.45% Sep 26, 2024 - May 12, 2025 | -1.85% Jul 16, 2024 - Aug 19, 2024 |
| #5 | -11.49% Feb 11, 2026 - Jun 16, 2026 | -1.84% Sep 14, 2023 - Nov 14, 2023 |
| #6 | -11.16% Jul 30, 2014 - Mar 18, 2015 | -1.15% Feb 25, 2026 - Apr 14, 2026 |
| #7 | -9.95% Jul 16, 2024 - Aug 23, 2024 | -1.14% Aug 30, 2024 - Sep 13, 2024 |
| #8 | -5.42% Oct 28, 2025 - Dec 15, 2025 | -1.03% Mar 28, 2024 - May 9, 2024 |
| #9 | -5.17% Feb 16, 2021 - Jun 7, 2021 | -0.85% Jul 31, 2023 - Aug 30, 2023 |
| #10 | -4.99% Oct 6, 2025 - Oct 27, 2025 | -0.85% Nov 11, 2025 - Nov 25, 2025 |
| #11 | -4.52% Jun 7, 2021 - Sep 3, 2021 | -0.76% Dec 16, 2024 - Dec 24, 2024 |
| #12 | -4.12% Aug 30, 2024 - Sep 19, 2024 | -0.76% Mar 6, 2023 - Mar 21, 2023 |
| #13 | -3.97% Jun 22, 2026 - Aug 4, 2026 | -0.62% Dec 11, 2025 - Dec 22, 2025 |
| #14 | -3.84% Jan 20, 2021 - Feb 8, 2021 | -0.58% Sep 27, 2021 - Oct 19, 2021 |
| #15 | -3.06% Jul 23, 2025 - Aug 7, 2025 | -0.55% Jul 16, 2026 - Aug 3, 2026 |
Correlation
Correlation between IPAC and BALT is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.
0.90
-101
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