BALT
Innovator Defined Wealth Shield ETF·CBOE
--
--(--)
--
--(--)
Key Stats
Assets Under Management
2.10BUSD
Fund Flows (1Y)
835.81MUSD
Dividend Yield
--
Discount/Premium to NAV
0.10%
Shares Outstanding
62.00M
Expense Ratio
0.69%
About Innovator Defined Wealth Shield ETF
Issuer
Innovator
Brand
Innovator
Inception Date
Jun 30, 2021
Structure
Open-Ended Fund
Index Tracked
--
Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Innovator Capital Management LLC
Distributor
Foreside Fund Services LLC
BALT actively manages FLEX options in efforts to participate in the price return of the SPDR S&P 500 ETF Trust (SPY), up to a cap, and provide partial downside protection over a three-month outcome period. The fund foregoes some upside return as well as the S&P 500s dividend component, because the options are written on the price (not total) return version of the index. In exchange for preventing realization of the first 15-20% of the losses in value of SPY shares, investors forego upside participation above a certain threshold, which is reset quarterly. Investors who buy at any other time than the quarterly reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the outcome period to pursue the intended results. The targeted buffers and caps do not include the funds expense ratio.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Large Cap
Niche
Broad-based
Strategy
Buy-write
Geography
U.S.
Weighting Scheme
Fixed
Selection Criteria
Fixed
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.33% | +2.12% | +0.42% | +6.44% | +25.25% | +31.27% |
NAV Total Return | -0.00% | +1.98% | +0.20% | +5.76% | +24.78% | +0.24% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Technology
33.58%
Financial Services
12.73%
Communication Services
11.16%
Consumer Cyclical
10.60%
Healthcare
9.43%
Industrials
8.18%
Consumer Defensive
5.18%
Energy
3.22%
Utilities
2.25%
Technology
33.58%
Financial Services
12.73%
Communication Services
11.16%
Consumer Cyclical
10.60%
Healthcare
9.43%
Industrials
8.18%
Consumer Defensive
5.18%
Energy
3.22%
Utilities
2.25%
Show more
Asset
Region
99.48%
0.41%
0.12%
Category
Ratio
North America
99.48%
Europe
0.41%
Asia
0.12%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
SPY 03/31/2026 1.7 C
99.75%
SPY 03/31/2026 681.92 P
2.09%
US BANK MMDA - USBGFS 9 09/01/2037
0.14%
Cash & Other
-0.06%
SPY 03/31/2026 545.54 P
-0.17%
SPY 03/31/2026 696.24 C
-1.75%
Top 10 Weight 100%
6 Total Holdings
Is SPY better than BALT?
Dividends
No data is currently available
How Much Does BALT Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy BALT?
Fund Flows
