Inside Goldman's $2 billion defined-outcome ETF acquisition

Bryon Lake, Goldman Sachs Asset Management Third Party Wealth co-head, joins Dominic Chu on 'Halftime Report' to discuss what buying Innovator Capital Management means for the firm, the opportunity in defined-outcome ETFs and more.

CNBC Television • Dec 8, 2025

Why investors are flocking to defined-outcome ETFs

Kathmere Capital CIO Nick Ryder and Goldman Sachs Asset Management Third Party Wealth co-head Bryon Lake join CNBC's Dominic Chu on “ETF Edge” to break down Goldman's Innovator acquisition and how defined outcome ETFs can help investors seek income and downside protection.

CNBC Television • Dec 8, 2025

BALT: Too Conservative, Even For Conservative Investors

The Innovator Defined Wealth Shield ETF offers a 20% downside buffer over a 3-month period, making it extremely conservative. BALT's tight upside cap results in modest returns, lagging significantly during strong equity rallies and underperforming even some safe fixed income funds. Despite its equity structure, BALT's risk/reward profile is less attractive than alternatives like PJAN or ACIO, which balance downside protection with upside potential.

Seeking Alpha • Nov 20, 2025

BALT: Financial Gymnastics For Little Value; Not Worth It

Innovator Defined Wealth Shield ETF offers 20% downside protection on SPY but severely caps upside, making it a loss mitigation tool rather than a growth vehicle. SPY remains a superior long-term investment due to its low cost, broad diversification, and strong historical performance versus BALT's capped returns. BALT's structure is best suited for investors prioritizing capital preservation over growth, but timing of entry within outcome periods is critical.

Seeking Alpha • May 29, 2025

Defined Outcome ETFs for Downside Protection

We highlight some prominent defined outcome ETFs that offer downside protection to the major indices.

Zacks Investment Research • May 21, 2025

5 Defensive ETF Strategies to Follow Amid Market Meltdown

We highlight some defensive investment strategies for investors amid the ongoing chaos.

Zacks Investment Research • Mar 12, 2025

The Zacks Analyst Blog CCOR, BALT, XRMI, PHDG and HEQT

CCOR, BALT, XRMI, PHDG and HEQT are included in this Analyst Blog.

Zacks Investment Research • Mar 6, 2025

Low-Beta ETFs to Hedge Against Trade War Risks

Investors seeking to remain invested in the equity world with downside protection should invest in low-beta ETFs.

Zacks Investment Research • Mar 5, 2025

VIDEO: ETF of the Week: Biggest ETF Stories of 2024

On this special New Year's episode of “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth joined Chuck Jaffe of Money Life to talk about the year in review.

ETF Trends • Jan 6, 2025

5 ETF Strategies to Survive a Historically Weak September

Wall Street falters at the start of September. The weak trend is likely to continue, given that September is one of the market's historically worst months.

Zacks Investment Research • Sep 4, 2024