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BALT vs JULV

Innovator Defined Wealth Shield ETF

BALTBCboe

VanEck U.S. Equity Buffer ETF - July

JULV—NYSE Arca

Overlap

Expense ratio

JULV −0.19pt a year

BALT0.69%JULV0.50%

Avg volume · 30D

BALT 1.1×the volume

BALT569KJULV524K

BALT vs JULV Performance

Oct 2, 2026 – Nov 2, 2026

−0.2%BALT−0.7%JULV

Oct 2, 2026 to Nov 2, 2026. BALT −0.2%. JULV −0.7%. Use the arrow keys to read each point.−0.5%0%0.25%0.5%Oct 2Oct 16Nov 2
Expense ratio
BALT 0.69%
JULV 0.50%, better
Fund size
BALT $3.47B
JULV $77M
1Y total return
BALT +5.8%
JULV No data
Holdings
BALT 3
JULV 3
Avg volume (30D)
BALT 569K sh, better
JULV 524K sh
NAV per share
BALT $34.93
JULV $30.78
52W range

ETF.net Grade

  • —JULVNot yet graded
BALT: Cost 65, Risk 63, Mission 78, Tradability 64, Holdings not scored, Durability 82.
Pillar letters and Scores for BALT, JULV, with each pillar’s weight
PillarBALTJULV
Cost30% weightB65Not scored
Mission25% weightA78Not scored
Risk15% weightB63Not scored
Tradability15% weightB64Not scored
Holdings10% weightNot scoredNot scored
Durability5% weightA82Not scored

Rank among S&P 500 Buffer 20% funds

How we build Categories ›

S&P 500 Buffer 20%⁠

Category · 24 funds
See all 24 ›

BALT ranks 1st of 24 funds in the S&P 500 Buffer 20% Category.

  1. Rank 1BBALTInnovator Defined Wealth Shield ETFScore 65
  2. Rank 2BPSFJPacer Swan SOS Flex (July) ETFScore 62
  3. JULVNot yet graded

Our read on each fund

ETF.net Research

BALTBInnovator Defined Wealth Shield ETF

JULV—VanEck U.S. Equity Buffer ETF - July

In short

BALT Most buffer ETFs hand you a cushion once a year. BALT rebuilds a 20% one every three months: four fresh starts against S&P 500 drawdowns. The trade-off is that the cap resets with it, and it starts low.

JULV No data

Stated mandate

BALT The fund seeks to track the return of SPDR S&P 500 ETF Trust (SPY), subject to a cap, while buffering investors against losses. It targets a 20% buffer during each three-month outcome period and resets quarterly.

JULV No data

Why people hold it

  • BALT Deep and short-dated: it targets a 20% buffer against losses in the S&P 500 ETF it references, over a three-month outcome period, then resets for the next quarter.innovatoretfs.com
  • 0.69% a year, under the typical fee in its deep-buffer group, and it has been running the quarterly reset since launching in 2021.
  • One of the larger funds doing 20% buffers on the S&P 500, and one of the strongest implementations in that peer group.

JULV No data

Worth knowing

  • BALT A deep buffer over a short window buys a low ceiling. The cap is set fresh each three-month period, and it is far tighter than what annual buffer funds start with.
  • The 20% cushion is measured from the start of each outcome period. Buy mid-quarter and the buffer and cap you actually own differ from the headline terms.innovatoretfs.com
  • Cheaper 20% buffer options exist: PBFR at 0.50%, Pacer's Swan SOS Flex funds (PSFJ, PSFM) at 0.49%.

JULV No data

Full BALT profile⁠

Full JULV profile⁠

BALT vs JULV Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BALT vs JULV Cost

Overpaying BALT vs JULV

$3,450

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BALT 0.69%

    $13,429

  • JULV 0.50%

    $9,979

$10,000
30 years

Cost over time

  • BALT 0.69%
  • JULV 0.50%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530BALT $13,429JULV $9,979

Year by year

YearBALTJULVOverpaying
10$1,232$900$332
20$4,697$3,460$1,237
30$13,429$9,979$3,450

Expense ratio

  • 0.69%BALT
  • 0.50%JULV, cheaper
  • Middle half of S&P 500 Buffer 20% funds
  • Median 0.74%

JULV 5th cheapest of 24 funds

BALT 9th cheapest of 24 funds

BALT vs JULV Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
BALT None
JULV None

Distribution history

BALTAll BALT payments⁠

No distribution history available.

JULVAll JULV payments⁠

No distribution history available.

BALT vs JULV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BALT 2.4%JULV No data
Return per unit of riskSharpe ratio, 3 years
BALT 1.37JULV No data
Worst fallMax drawdown, 5 years
BALT −4.9%JULV No data
Market sensitivityBeta, 5 years
BALT 0.18JULV 0.00

BALT and JULV in the news

All news⁠

Popular comparisons

  • BALTBvsPSFJB

    Innovator Defined Wealth Shield ETF · Pacer Swan SOS Flex (July) ETF

    Expense ratio
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    Category
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    Expense ratio
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  • JULV—vsPSFDB

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    Expense ratio
    0.50% · 0.49%
    Category
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  • BALTBvsPSFOB

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    Expense ratio
    0.69% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • JULV—vsPSFOB

    VanEck U.S. Equity Buffer ETF - July · Pacer Swan SOS Flex (October) ETF

    Expense ratio
    0.50% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.