Core Viewpoint - Innovator Defined Wealth Shield ETF (BALT) has reached a 52-week high, increasing by 11.47% from its 52-week low of $30.07 per share, indicating potential for further gains [1] Group 1: Fund Overview - BALT employs an active strategy aimed at capital appreciation and downside protection, targeting returns that match the performance of the SPDR S&P 500 ETF Trust [2] - The fund aims for a 20% buffer every three-month outcome period and charges an annual fee of 69 basis points [2] Group 2: Market Context - The defined outcome ETF sector is gaining attention due to concerns over AI overvaluation and a shift towards broader diversification among investors [3] - There is a growing trend of investors seeking safer investment options, which serves as a tailwind for BALT [3] Group 3: Performance Outlook - BALT is expected to maintain strong performance in the near term, supported by a positive weighted alpha of 7.03, suggesting potential for further rally [4]
Defined Outcome ETF (BALT) Hits New 52-Week High
ZACKS·2026-01-02 16:50