BALT ETF Analysis: Innovator Defined Wealth | BATS
Defined Outcome | BATS, USA | Market Cap: 2.917m USD | 12M Return: 6.7% | US45783Y8553 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 14.4M
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.1 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The Innovator Defined Wealth Shield ETF (BALT) is a defined outcome ETF that allocates at least 80% of its net assets to investments providing exposure to the State Street® SPDR® S&P 500® ETF Trust (SPY), a widely tracked S&P 500 index fund managed by State Street Global Advisors. The fund is structured as non-diversified, meaning it concentrates its holdings in a narrower set of securities rather than spreading investments across many issuers. Launched in mid-2021, BALT falls within the defined outcome category of ETFs, which is designed to deliver a predetermined range of investment outcomes, typically combining equity market participation with built-in downside buffers or protection levels over a set outcome period.
- Equity volatility spike drives demand for wealth shield strategies
- Options pricing widens, increasing buffer costs for BALT
- Competitor defined outcome ETFs pressure BALT market share
As of September 22, 2026, the stock is trading at USD 34.98 with a total of 553,906 shares traded. Over the past week, the price has changed by +0.66%, over one month by +0.81%, over three months by +2.13% and over the past year by +6.71%.
Current recommended Stop Loss: 34.70 (which is 0.8% or 2.3 ATR below the current price).
Innovator Defined Wealth has no consensus analysts rating.