HEGD vs BALT

AHEGD

BBALT

Measures won3–3level · of 6 · 5Y

$10,000 · 5Y$14,042HEGD · BALT $13,449

Lowest cost0.69%BALT · $69 on $10k

Most income0.34%HEGD · $34 on $10k

Smallest drop−1.2%BALT · worst fall in 1Y

Held in common[…]HEGD and BALT

HEGD

BALT

Swan Hedged Equity US Large Cap ETF · $719MInnovator Defined Wealth Shield ETF · $3.3B

+14.0%3 years · per year$14,811 · $12,479+7.7%

+7.0%5 years · per year$14,042 · $13,449+6.1%

0.88%Expense ratio$88 · $69 on $10k · lower wins0.69%

0.34%12-mo yield$34 · $0 on $10k0.00%

−4.6%Worst dropSmaller wins−1.2%

8.5%VolatilityLower wins2.6%

3–3Level

$10,000 · 5 yearsOne scale

Shared top holdingsHEGD · BALT

They share no top holdings, or holdings aren’t on file […]

Held in common[…]

End-of-day Nov 6, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

Both

5Y2 funds

#			Trend
1	AHEGD	Swan Hedged Equity US Large Cap ETFRead Desk		0.88%	0.34%	+0.3%	+4.0%	+4.2%	+14.0%	+7.0%	−4.6%	$719M
2	BBALT	Innovator Defined Wealth Shield ETFRead Desk		0.69%	0.00%	+0.2%	+3.8%	+5.5%	+7.7%	+6.1%	−1.2%	$3.3B

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Both

5Y2 funds

#			Trend
1	AHEGD	Swan Hedged Equity US Large Cap ETFRead Desk		0.88%	0.34%	+0.3%	+4.0%	+4.2%	+14.0%	+7.0%	−4.6%	$719M
2	BBALT	Innovator Defined Wealth Shield ETFRead Desk		0.69%	0.00%	+0.2%	+3.8%	+5.5%	+7.7%	+6.1%	−1.2%	$3.3B

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

HEGD vs BALT

HEGD

Swan Hedged Equity US Large Cap

$14,042

BALT

Innovator Defined Wealth Shield

$13,449

MeasureHEGDBALT

Fee0.88%0.69%

Cost on $10k a year$88$69

Yield0.34%0.00%

5 years, per year+7.0%+6.1%

3 years, per year+14.0%+7.7%

Worst drop · 1Y−4.6%−1.2%

Volatility · 1Y8.5%2.6%

3–3measures won
level

Nov 6, 2026 · $10,000 five years ago, dividends reinvested

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

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

Overlap: HEGD, BALT

Today

[…]holdings […]

HEGDBALT

HEGD—[…]

BALT[…]—

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

Income After Fees on $10,000

−$54most kept, HEGD

HEGD$34 − $88 = −$54

BALT$0 − $69 = −$69

KeptFee

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