TBLL vs BALT
Comparison between INVESCO SHORT TERM TREASURY ETF (TBLL, ETF) and Innovator Defined Wealth Shield ETF (BALT, ETF).
5-Year PerformanceBALT has outperformed TBLL, delivering a return of +6.1% compared to +3.5%
TBLL vs BALT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
TBLL
$2.60B
BALT
$2.60B
Expense Ratio
Winner
TBLL
0.08%
BALT
0.69%
Max Drawdown
Winner
TBLL
1.30%
BALT
4.89%
Sharpe Ratio
TBLL
-0.46
Winner
BALT
1.37
5Y Beta
Winner
TBLL
-0.00
BALT
0.19
5Y Dividends CAGR
TBLL
88.06%
BALT
N/A
TBLL vs BALT - Historical Returns
Returns include dividend reinvestment.
1M
TBLL
+0.32%
Winner
BALT
+0.83%
3M
TBLL
+0.87%
Winner
BALT
+1.81%
6M
TBLL
+1.71%
Winner
BALT
+2.68%
1Y
TBLL
+3.77%
Winner
BALT
+6.98%
5Y(CAGR)
TBLL
+3.48%
Winner
BALT
+6.09%
10Y(CAGR)
TBLL
+2.40%
BALT
N/A
Max(CAGR)
TBLL
+2.40%
Winner
BALT
+6.01%
TBLL vs BALT - Annual Returns (2017 - 2026)
Returns include dividend reinvestment.
| Year | TBLL | BALT |
|---|---|---|
| 2026 | +2.02% | +3.26% |
| 2025 | +4.21% | +6.57% |
| 2024 | +5.11% | +10.32% |
| 2023 | +4.98% | +7.61% |
| 2022 | +1.12% | +2.48% |
| 2021 | -0.02% | +0.82% |
| 2020 | +0.87% | N/A |
| 2019 | +2.16% | N/A |
| 2018 | +1.83% | N/A |
| 2017 | +0.62% | N/A |
TBLL vs BALT Drawdown Comparison
The maximum drawdown for TBLL was -0.63%, occurring on Feb 14, 2022. Recovery took 631 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 -0.01%.
| Rank | TBLL | BALT |
|---|---|---|
| #1 | -0.63% May 11, 2020 - Nov 9, 2022 | -4.89% Feb 20, 2025 - Jun 3, 2025 |
| #2 | -0.52% Mar 18, 2020 - May 11, 2020 | -2.16% Jan 4, 2022 - Jul 8, 2022 |
| #3 | -0.36% Sep 28, 2023 - Oct 20, 2023 | -1.98% Aug 25, 2022 - Nov 10, 2022 |
| #4 | -0.18% Dec 19, 2023 - Dec 21, 2023 | -1.85% Jul 16, 2024 - Aug 19, 2024 |
| #5 | -0.17% Apr 1, 2019 - Apr 4, 2019 | -1.84% Sep 14, 2023 - Nov 14, 2023 |
| #6 | -0.16% Sep 24, 2018 - Oct 22, 2018 | -1.15% Feb 25, 2026 - Apr 14, 2026 |
| #7 | -0.15% Dec 19, 2019 - Jan 23, 2020 | -1.14% Aug 30, 2024 - Sep 13, 2024 |
| #8 | -0.14% Mar 13, 2020 - Mar 18, 2020 | -1.03% Mar 28, 2024 - May 9, 2024 |
| #9 | -0.11% Dec 4, 2018 - Dec 7, 2018 | -0.85% Jul 31, 2023 - Aug 30, 2023 |
| #10 | -0.10% Nov 10, 2022 - Nov 14, 2022 | -0.85% Nov 11, 2025 - Nov 25, 2025 |
| #11 | -0.10% Nov 13, 2017 - Nov 28, 2017 | -0.76% Dec 16, 2024 - Dec 24, 2024 |
| #12 | -0.10% Aug 17, 2018 - Aug 22, 2018 | -0.76% Mar 6, 2023 - Mar 21, 2023 |
| #13 | -0.09% Nov 6, 2023 - Nov 9, 2023 | -0.62% Dec 11, 2025 - Dec 22, 2025 |
| #14 | -0.08% Dec 15, 2023 - Dec 19, 2023 | -0.58% Sep 27, 2021 - Oct 19, 2021 |
| #15 | -0.08% Jul 11, 2024 - Jul 15, 2024 | -0.55% Jul 16, 2026 - Aug 3, 2026 |
Correlation
Correlation between TBLL and BALT is 1.00 which considered as a very strong positive correlation - the stocks move almost identically together.
1.00
-101
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