Shift the baseline

Use Baseline Shift to move selected characters up or down relative to the baseline of the surrounding text. Shifting the baseline is especially useful when you’re hand-setting fractions or adjusting the position of a picture font.

Select the characters or type objects you want to change. If you don’t select any text, the shift applies to new text you create.
In the Character panel, set the Baseline Shift option. Positive values move the character’s baseline above the baseline of the rest of the line; negative values move it below the baseline.
Type with different Baseline Shift values