Innovator Defined Wealth Shield ETF (BALT)
Innovator Defined Wealth Shield ETF operates in the Asset Management - Cryptocurrency industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $34.69, up 0.06% on the session, giving a market capitalisation of $2.79B. Its beta of 0.18 implies it has historically moved less than the broad market.
The Innovator Defined Wealth Shield ETF is engineered to replicate the gains of the SPDR S&P 500 ETF Trust (SPY), up to a specified maximum, while also providing a degree of safeguard against market downturns. It aims to absorb the first 20% of losses for investors over each three-month outcome period. This ETF is suitable for long-term holding, as its protective mechanisms reset quarterly after every outcome period.
Innovator Defined Wealth Shield ETF is most often compared with the following Financial Services names: