Compare · 3 funds side by side · dividends reinvested

DFEB, BALT and SPY

Story of the three · Growth5Y$10,000 five years agoDividends reinvested · all three on one scale$17,118SPY · best of the three

02 / 04

DFEB, BALT and SPY, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

State Street SPDR S&P 500 ETFLow-Cost Core · S&P 5000.09%1.03%+8.7%+9.7%+21.7%+11.3%−8.9%13.6%$778B1.5

FT Vest U.S. Equity Deep Buffer ETF - FebruaryDefined Outcome · Buffer0.85%0.00%+6.9%+8.8%+13.8%+7.9%−4.1%5.7%$450M2.1

Innovator Defined Wealth Shield ETFDefined Outcome · Hedged equity0.69%0.00%+3.8%+5.5%+7.7%+6.1%−1.2%2.6%$3.3B2.3

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

End-of-day Nov 6, 2026 · returns include dividends · since: DFEB 2020 · BALT 2021 · SPY 1993

Head to Head

Swap sides Versus in desk

Head to Head

FT Vest U.S. Equity Deep Buffer ETF - February · $450M$14,594

DFEB

BALT

Innovator Defined Wealth Shield ETF · $3.3B$13,449

$10,000 five years ago, dividends reinvested

DFEBMeasureBALT

+6.9%Year to dateJan 1 → Nov 6+3.8%

+8.8%1 yearTotal return+5.5%

+13.8%3 years · per year$10,000 became $14,754 · $12,479+7.7%

+7.9%5 years · per year$10,000 became $14,594 · $13,449+6.1%

0.85%Expense ratio$85 · $69 a year on $10k · lower is better0.69%

0.00%Trailing 12-mo yield$0 · $0 a year on $10k0.00%

−4.1%Worst dropSmaller is better−1.2%

5.7%VolatilityLower is calmer2.6%

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

4–3DFEB wins

End-of-day Nov 6, 2026 · returns include dividends · 3Y and 5Y figures are per-year returns

More Ways to See the Pairs

DFEB vs BALT: Top 5 Holdings

Today

DFEB

[…]in top 5

BALT

in top 5[…]

Holdings […] not in today’s data

Held in common[…]

End-of-day Nov 6, 2026 · share of each fund

DFEB vs BALT Returns, Every Period

First TrustDFEB

+7.9%

5 years, per year

BALTInnovator

+6.1%

5 years, per year

DFEBBALTFaded: behind in that period

4–0DFEB wins

End-of-day Nov 6, 2026 · dividends in · faded = behind in that period

Defined Outcome vs Core: DFEB vs SPY

YTD

First TrustDFEB

+6.9%

SPYSPDR

+8.7%

+6.9%Year to date+8.7%

−4.1%Worst drop · 1Y−8.9%

5.7%Volatility · 1Y13.6%

0.0%Yield1.0%

$450MAssets$778B

2–2level

End-of-day Nov 6, 2026 · smaller drop and lower volatility win

Cost, Income and Risk

Fees: DFEB, BALT, SPY

Today

0.09%lowest, SPY

FundExpense ratioFee$10k

SPY0.09%$9

BALT0.69%$69

DFEB0.85%$85

End-of-day Nov 6, 2026 · fee on $10,000 a year

Yields: DFEB, BALT, SPY

1.03%highest, SPY

FundTrailing yieldYield$10k

SPY1.03%$103

DFEB0.00%$0

BALT0.00%$0

End-of-day Nov 6, 2026 · trailing 12-month yield

Income After Fees on $10,000

$94most kept, SPY

SPY$103 − $9 = $94

BALT$0 − $69 = −$69

DFEB$0 − $85 = −$85

KeptFee

End-of-day Nov 6, 2026 · yield in dollars minus the fee

Overlap: DFEB, BALT, SPY

Today

[…]holdings […]

DFEBBALTSPY

DFEB—[…][…]

BALT[…]—[…]

SPY[…][…]—

End-of-day Nov 6, 2026 · share held in common · outlined: the pair in versus

Return vs Bumpiness: 3 ETFs

+9.7%SPY, at 13.6% volatility

BALTWorst drop−1.2%2.6% vol

DFEBWorst drop−4.1%5.7% vol

SPYWorst drop−8.9%13.6% vol

End-of-day Nov 6, 2026 · up and left is better

Paid More vs Made More

YTD

SPYDFEB

+8.7%Year to date+6.9%

1.0%Yield0.0%

+9.7%Past year+8.8%

0.09%Fee0.85%

4–0SPY wins

End-of-day Nov 6, 2026

Popular Pairs Near These Three

SPYM vs SPY

YTD

SPDRSPYM

+8.8%

SPYSPDR

+8.7%

+8.8%Year to date+8.7%

1.1%Yield1.0%

$178BAssets$778B

2–0SPYM wins

End-of-day Nov 6, 2026

SCHD vs VIG

YTD

SchwabSCHD

+31.4%

VIGVanguard

+12.1%

+31.4%Year to date+12.1%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 6, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+3.2%

JEPIJ.P. Morgan

+5.3%

+3.2%Year to date+5.3%

12.8%Yield8.1%

$40.7BAssets$45.2B

1–1level

End-of-day Nov 6, 2026