---
ticker: "BALT"
name: "Innovator Defined Wealth Shield ETF"
url: "https://etf.net/etf/BALT"
grade: "B"
score: 67
graded_at: "2026-10-12"
category: "S&P 500 Buffer 20%"
category_rank: "1 of 24"
methodology: "https://etf.net/methodology"
---

# BALT: Innovator Defined Wealth Shield ETF

Grade **B**, Score 67 of 100. Rank 1 of 24 in S&P 500 Buffer 20%.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 65 | 9 of 24 |
| Mission | 78 | 3 of 4 |
| Risk | 67 | 4 of 23 |
| Tradability | 67 | 6 of 24 |
| Holdings | Not scored | — |
| Durability | 85 | 1 of 24 |

## Top holdings

The fund holds 3 positions. These are the largest 3, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Spy 12/31/2026 1.91 C | 101.19% |
| 2 | — | Spy 12/31/2026 762.63 P | 1.60% |
| 3 | — | Us Bank Mmda - Usbgfs 9 09/01/2037 | 0.17% |

Source: etf.net, https://etf.net/etf/BALT. Please cite the page URL.