Compare · 3 funds side by side · dividends reinvested

BALT, SPY and BUFD

Story of the three · Growth5Y$10,000 five years agoDividends reinvested · all three on one scale$17,493SPY · best of the three

02 / 04

BALT, SPY and BUFD, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

State Street SPDR S&P 500 ETFLow-Cost Core · S&P 5000.09%1.01%+11.2%+13.5%+21.9%+11.8%−8.9%13.7%$778B1.5

FT Vest Laddered Deep Buffer ETFDefined Outcome · Buffer0.10%0.00%+7.4%+9.3%+12.5%+7.5%−3.4%5.9%$2.2B2.0

Innovator Defined Wealth Shield ETFDefined Outcome · Hedged equity0.69%0.00%+4.4%+6.2%+7.7%+6.2%−1.2%2.7%$3.3B2.4

Rank among the three1st → 3rdFee, drop and volatility: lower ranks higherAvg rank: mean of the 8 ranks · 1 is best

End-of-day Nov 9, 2026 · returns include dividends · since: BALT 2021 · SPY 1993 · BUFD 2021

Head to Head

Swap sides Versus in desk

Head to Head

Innovator Defined Wealth Shield ETF · $3.3B$13,532

BALT

SPY

State Street SPDR S&P 500 ETF · $778B$17,493

$10,000 five years ago, dividends reinvested

BALTMeasureSPY

+4.4%Year to dateJan 1 → Nov 9+11.2%

+6.2%1 yearTotal return+13.5%

+7.7%3 years · per year$10,000 became $12,502 · $18,118+21.9%

+6.2%5 years · per year$10,000 became $13,532 · $17,493+11.8%

0.69%Expense ratio$69 · $9 a year on $10k · lower is better0.09%

0.00%Trailing 12-mo yield$0 · $101 a year on $10k1.01%

−1.2%Worst dropSmaller is better−8.9%

2.7%VolatilityLower is calmer13.7%

BALTSPY Winner of the row, in its colourEach row: the bigger of the two fills its side

2–6SPY wins

End-of-day Nov 9, 2026 · returns include dividends · 3Y and 5Y figures are per-year returns

More Ways to See the Pairs

BALT vs SPY: Top 5 Holdings

Today

BALT

[…]in top 5

SPY

in top 527.8%

BALTStockSPY

not top 5AAPL7.9%

not top 5NVDA7.1%

not top 5MSFT6.2%

not top 5AMZN4.0%

not top 5GOOGL2.6%

Held in common[…]

End-of-day Nov 9, 2026 · share of each fund

BALT vs SPY Returns, Every Period

InnovatorBALT

+6.2%

5 years, per year

SPYSPDR

+11.8%

5 years, per year

BALTSPYFaded: behind in that period

0–4SPY wins

End-of-day Nov 9, 2026 · dividends in · faded = behind in that period

Defined Outcome vs Core: BALT vs SPY

YTD

InnovatorBALT

+4.4%

SPYSPDR

+11.2%

+4.4%Year to date+11.2%

−1.2%Worst drop · 1Y−8.9%

2.7%Volatility · 1Y13.7%

0.0%Yield1.0%

$3.3BAssets$778B

2–2level

End-of-day Nov 9, 2026 · smaller drop and lower volatility win

Cost, Income and Risk

Fees: BALT, SPY, BUFD

Today

0.09%lowest, SPY

FundExpense ratioFee$10k

SPY0.09%$9

BUFD0.10%$10

BALT0.69%$69

End-of-day Nov 9, 2026 · fee on $10,000 a year

Yields: BALT, SPY, BUFD

1.01%highest, SPY

FundTrailing yieldYield$10k

SPY1.01%$101

BALT0.00%$0

BUFD0.00%$0

End-of-day Nov 9, 2026 · trailing 12-month yield

Income After Fees on $10,000

$92most kept, SPY

SPY$101 − $9 = $92

BUFD$0 − $10 = −$10

BALT$0 − $69 = −$69

KeptFee

End-of-day Nov 9, 2026 · yield in dollars minus the fee

Overlap: BALT, SPY, BUFD

Today

0.0%most shared, SPY and BUFD

BALTSPYBUFD

BALT—[…][…]

SPY[…]—0.0%

BUFD[…]0.0%—

End-of-day Nov 9, 2026 · share held in common · outlined: the pair in versus

Return vs Bumpiness: 3 ETFs

+13.5%SPY, at 13.7% volatility

BALTWorst drop−1.2%2.7% vol

BUFDWorst drop−3.4%5.9% vol

SPYWorst drop−8.9%13.7% vol

End-of-day Nov 9, 2026 · up and left is better

Paid More vs Made More

YTD

SPYBUFD

+11.2%Year to date+7.4%

1.0%Yield0.0%

+13.5%Past year+9.3%

0.09%Fee0.10%

4–0SPY wins

End-of-day Nov 9, 2026

Popular Pairs Near These Three

SPYM vs SPY

YTD

SPDRSPYM

+11.3%

SPYSPDR

+11.2%

+11.3%Year to date+11.2%

1.0%Yield1.0%

$179BAssets$778B

1–0SPYM wins

End-of-day Nov 9, 2026

SCHD vs VIG

YTD

SchwabSCHD

+33.2%

VIGVanguard

+14.8%

+33.2%Year to date+14.8%

3.0%Yield1.5%

$122BAssets$109B

2–0SCHD wins

End-of-day Nov 9, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+6.6%

JEPIJ.P. Morgan

+7.5%

+6.6%Year to date+7.5%

12.4%Yield7.9%

$40.7BAssets$45.2B

1–1level

End-of-day Nov 9, 2026