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 +7.9% compared to +5.9%

IPAC vs BALT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IPAC(ETF)	BALT(ETF)
Net Assets	$2.60B	$2.60B
Expense Ratio	0.09%	0.69%
Max Drawdown	35.11%	4.89%
Sharpe Ratio	0.97	1.03
5Y Beta	0.83	0.20
5Y Dividends CAGR	16.42%	N/A

Net Assets

IPAC

$2.60B

BALT

$2.60B

Expense Ratio

Winner

IPAC

0.09%

BALT

0.69%

Max Drawdown

IPAC

35.11%

Winner

BALT

4.89%

Sharpe Ratio

IPAC

0.97

Winner

BALT

1.03

5Y Beta

IPAC

0.83

Winner

BALT

0.20

5Y Dividends CAGR

IPAC

16.42%

BALT

N/A

IPAC vs BALT - Historical Returns

Returns include dividend reinvestment.

Period	IPAC	BALT
1 month	+0.22%	+0.28%
3 months	+4.05%	+1.24%
6 months	+7.15%	+2.08%
1 year	+21.17%	+6.22%
5 years(CAGR)	+7.87%	+5.92%
10 years(CAGR)	+8.78%	N/A
Max(CAGR)	+7.19%	+5.88%

IPAC

+0.22%

Winner

BALT

+0.28%

Winner

IPAC

+4.05%

BALT

+1.24%

Winner

IPAC

+7.15%

BALT

+2.08%

Winner

IPAC

+21.17%

BALT

+6.22%

5Y(CAGR)

Winner

IPAC

+7.87%

BALT

+5.92%

10Y(CAGR)

IPAC

+8.78%

BALT

N/A

Max(CAGR)

Winner

IPAC

+7.19%

BALT

+5.88%

IPAC vs BALT - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	IPAC	BALT
2026	+11.41%	+2.39%
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 IPAC drawdown is -3.14%. The current BALT drawdown is -0.29%.

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	-3.84% Jan 20, 2021 - Feb 8, 2021	-0.62% Dec 11, 2025 - Dec 22, 2025
#14	-3.81% Jun 22, 2026 - Jul 20, 2026	-0.58% Sep 27, 2021 - Oct 19, 2021
#15	-3.06% Jul 23, 2025 - Aug 7, 2025	-0.55% Oct 8, 2025 - Oct 20, 2025