SPGP vs BALT

Comparison between INVESCO S&P 500 GARP ETF (SPGP, ETF) and Innovator Defined Wealth Shield ETF (BALT, ETF).

5-Year PerformanceSPGP has outperformed BALT, delivering a return of +7.3% compared to +5.9%

SPGP vs BALT - Performance Comparison

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Key Characteristics

Financial metrics and valuation ratios

Metric	SPGP(ETF)	BALT(ETF)
Net Assets	$2.10B	$2.20B
Expense Ratio	0.36%	0.69%
Max Drawdown	42.43%	4.89%
Sharpe Ratio	1.08	1.74
5Y Beta	1.02	0.21
P/E Ratio	18.77	N/A
Forward P/E	16.28	N/A
PEG Ratio	0.70	N/A
5Y Dividends CAGR	8.12%	N/A
5Y EPS CAGR	23.14%	N/A
Debt to Equity	76.23%	N/A
P/S Ratio	2.23	N/A
P/B Ratio	3.45	N/A

Net Assets

SPGP

$2.10B

Winner

BALT

$2.20B

Expense Ratio

Winner

SPGP

0.36%

BALT

0.69%

Max Drawdown

SPGP

42.43%

Winner

BALT

4.89%

Sharpe Ratio

SPGP

1.08

Winner

BALT

1.74

5Y Beta

SPGP

1.02

Winner

BALT

0.21

P/E Ratio

SPGP

18.77

BALT

N/A

Forward P/E

SPGP

16.28

BALT

N/A

PEG Ratio

SPGP

0.70

BALT

N/A

5Y Dividends CAGR

SPGP

8.12%

BALT

N/A

5Y EPS CAGR

SPGP

23.14%

BALT

N/A

Debt to Equity

SPGP

76.23%

BALT

N/A

P/S Ratio

SPGP

2.23

BALT

N/A

P/B Ratio

SPGP

3.45

BALT

N/A

SPGP vs BALT - Historical Returns

Returns include dividend reinvestment.

Period	SPGP	BALT
1 month	+4.50%	+0.89%
3 months	+0.28%	+0.70%
6 months	+5.99%	+3.17%
1 year	+19.68%	+7.68%
5 years(CAGR)	+7.33%	+5.92%
10 years(CAGR)	+14.86%	N/A
Max(CAGR)	+14.18%	+5.92%

Winner

SPGP

+4.50%

BALT

+0.89%

SPGP

+0.28%

Winner

BALT

+0.70%

Winner

SPGP

+5.99%

BALT

+3.17%

Winner

SPGP

+19.68%

BALT

+7.68%

5Y(CAGR)

Winner

SPGP

+7.33%

BALT

+5.92%

10Y(CAGR)

SPGP

+14.86%

BALT

N/A

Max(CAGR)

Winner

SPGP

+14.18%

BALT

+5.92%

SPGP vs BALT - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	SPGP	BALT
2026	+2.83%	+1.37%
2025	+9.79%	+6.57%
2024	+8.64%	+10.32%
2023	+21.05%	+7.61%
2022	-13.53%	+2.48%
2021	+37.67%	+0.82%
2020	+14.92%	N/A
2019	+39.98%	N/A
2018	+0.65%	N/A
2017	+34.72%	N/A
2016	+1.84%	N/A
2015	+6.62%	N/A
2014	+17.46%	N/A
2013	+26.61%	N/A
2012	+14.10%	N/A
2011	+1.02%	N/A

SPGP vs BALT Drawdown Comparison

The maximum drawdown for SPGP was -42.07%, occurring on Mar 23, 2020. Recovery took 185 trading sessions.

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

The current SPGP drawdown is -0.64%. The current BALT drawdown is -0.06%.

Rank	SPGP	BALT
#1	-42.07% Feb 13, 2020 - Nov 5, 2020	-4.89% Feb 20, 2025 - Jun 3, 2025
#2	-22.88% Dec 2, 2024 - Aug 13, 2025	-2.16% Jan 4, 2022 - Jul 8, 2022
#3	-22.80% Oct 1, 2018 - Apr 3, 2019	-1.98% Aug 25, 2022 - Nov 10, 2022
#4	-22.65% Dec 29, 2021 - Jul 31, 2023	-1.85% Jul 16, 2024 - Aug 19, 2024
#5	-19.36% Aug 5, 2015 - Jan 25, 2017	-1.84% Sep 14, 2023 - Nov 14, 2023
#6	-16.83% Jul 25, 2011 - Jan 26, 2012	-1.15% Feb 25, 2026 - Apr 14, 2026
#7	-11.16% Jan 6, 2026 - Apr 17, 2026	-1.14% Aug 30, 2024 - Sep 13, 2024
#8	-10.69% Jul 24, 2019 - Oct 24, 2019	-1.03% Mar 28, 2024 - May 9, 2024
#9	-9.68% Jul 31, 2023 - Dec 13, 2023	-0.85% Jul 31, 2023 - Aug 30, 2023
#10	-9.65% Jan 26, 2018 - Mar 9, 2018	-0.85% Nov 11, 2025 - Nov 25, 2025
#11	-9.57% Jul 16, 2024 - Oct 4, 2024	-0.76% Dec 16, 2024 - Dec 24, 2024
#12	-8.58% Sep 19, 2014 - Nov 11, 2014	-0.76% Mar 6, 2023 - Mar 21, 2023
#13	-8.55% Apr 2, 2012 - Aug 7, 2012	-0.62% Dec 11, 2025 - Dec 22, 2025
#14	-8.04% May 3, 2019 - Jun 20, 2019	-0.58% Sep 27, 2021 - Oct 19, 2021
#15	-7.95% Sep 19, 2012 - Jan 22, 2013	-0.55% Oct 8, 2025 - Oct 20, 2025