BALT ETF Analysis: Innovator Defined Wealth | BATS
Defined Outcome | BATS, USA | Market Cap: 2.709m USD | 12M Return: 6.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 19.5M
Warnings
No concerns identified
Tailwinds
Seasonality 5 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 July 27, 2026, the stock is trading at USD 34.34 with a total of 656,925 shares traded. Over the past week, the price has changed by -0.01%, over one month by +0.22%, over three months by +1.15% and over the past year by +6.05%.
Current recommended Stop Loss: 34.10 (which is 0.7% or 3 ATR below the current price).
Innovator Defined Wealth has no consensus analysts rating.