BBBL vs. LIBD

Last updated Jun 4, 2026

BBBL (Bondbloxx BBB Rated 10+ Year Corporate Bond ETF) and LIBD (LifeX 2065 Inflation-Protected Longevity Income ETF) are both exchange-traded funds - BBBL is a Long-Term Bond fund tracking the Bloomberg U.S. Corporate BBB 10+ Year Index - Benchmark TR Gross, while LIBD is a Inflation-Protected Bonds fund actively managed by Stone Ridge. BBBL is passively managed, while LIBD is actively managed. Over the past year, BBBL returned 7.90% vs 3.91% for LIBD. Their correlation of 0.87 suggests significant overlap in exposure. BBBL charges 0.19%/yr vs 0.25%/yr for LIBD.

Performance

BBBL vs. LIBD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bondbloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL) and LifeX 2065 Inflation-Protected Longevity Income ETF (LIBD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBBL achieves a 1.22% return, which is significantly higher than LIBD's 0.48% return.

BBBL

• 1D: -0.39%
• 1M: 1.64%
• YTD: 1.22%
• 6M: 0.19%
• 1Y: 7.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LIBD

• 1D: -0.40%
• 1M: 0.93%
• YTD: 0.48%
• 6M: -1.01%
• 1Y: 3.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BBBL vs. LIBD - Yearly Performance Comparison

	2026 (YTD)	2025
BBBL Bondbloxx BBB Rated 10+ Year Corporate Bond ETF	1.22%	7.83%
LIBD LifeX 2065 Inflation-Protected Longevity Income ETF	0.48%	3.37%

Correlation

The correlation between BBBL and LIBD is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (All Time) Calculated using the full available price history since Jan 7, 2025	0.87

The correlation between BBBL and LIBD has been stable across timeframes, ranging from 0.86 to 0.87 - a consistent structural relationship.

Return for Risk

BBBL vs. LIBD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBBL

BBBL Risk / Return Rank: 28
BBBL Sharpe Ratio Rank: 28
BBBL Sortino Ratio Rank: 27
BBBL Omega Ratio Rank: 27
BBBL Calmar Ratio Rank: 30
BBBL Martin Ratio Rank: 27

LIBD

LIBD Risk / Return Rank: 16
LIBD Sharpe Ratio Rank: 17
LIBD Sortino Ratio Rank: 16
LIBD Omega Ratio Rank: 15
LIBD Calmar Ratio Rank: 17
LIBD Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BBBL vs. LIBD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bondbloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL) and LifeX 2065 Inflation-Protected Longevity Income ETF (LIBD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BBBL	LIBD	Difference
Sharpe ratio: Return per unit of total volatility	1.01	0.49	+0.52
Sortino ratio: Return per unit of downside risk	1.48	0.75	+0.73
Omega ratio: Gain probability vs. loss probability	1.18	1.08	+0.09
Calmar ratio: Return relative to maximum drawdown	1.46	0.63	+0.82
Martin ratio: Return relative to average drawdown	3.65	1.36	+2.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBBL vs. LIBD - Sharpe Ratio Comparison

The current BBBL Sharpe Ratio is 1.01, which is higher than the LIBD Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of BBBL and LIBD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BBBL	LIBD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	0.49	+0.52
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.29	+0.11

Drawdowns

BBBL vs. LIBD - Drawdown Comparison

The maximum BBBL drawdown since its inception was -9.43%, which is greater than LIBD's maximum drawdown of -7.31%. Use the drawdown chart below to compare losses from any high point for BBBL and LIBD.

Drawdown Indicators

	BBBL	LIBD	Difference
Max Drawdown Largest peak-to-trough decline	-9.43%	-7.31%	-2.12%
Max Drawdown (1Y) Largest decline over 1 year	-5.45%	-6.19%	+0.74%
Current Drawdown Current decline from peak	-1.89%	-3.69%	+1.80%
Average Drawdown Average peak-to-trough decline	-3.31%	-3.20%	-0.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.17%	2.89%	-0.72%

Volatility

BBBL vs. LIBD - Volatility Comparison

Bondbloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL) has a higher volatility of 2.45% compared to LifeX 2065 Inflation-Protected Longevity Income ETF (LIBD) at 2.14%. This indicates that BBBL's price experiences larger fluctuations and is considered to be riskier than LIBD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBBL	LIBD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.45%	2.14%	+0.31%
Volatility (6M) Calculated over the trailing 6-month period	5.75%	5.64%	+0.11%
Volatility (1Y) Calculated over the trailing 1-year period	7.86%	8.08%	-0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.80%	9.64%	+0.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.80%	9.64%	+0.16%

BBBL vs. LIBD - Expense Ratio Comparison

BBBL has a 0.19% expense ratio, which is lower than LIBD's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BBBL vs. LIBD - Dividend Comparison

BBBL's dividend yield for the trailing twelve months is around 5.74%, less than LIBD's 11.50% yield.

Position	TTM	2025	2024
BBBL Bondbloxx BBB Rated 10+ Year Corporate Bond ETF	5.74%	5.77%	5.19%
LIBD LifeX 2065 Inflation-Protected Longevity Income ETF	11.50%	13.52%	0.00%

Frequently Asked Questions

Can I hold both BBBL and LIBD in my portfolio?

BBBL and LIBD have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBBL or LIBD?

BBBL has higher volatility (2.45%) compared to LIBD (2.14%). In terms of maximum drawdown, BBBL dropped -9.43% vs LIBD's -7.31%.

Which ETF is better, BBBL or LIBD?

On 1-year performance, BBBL leads with 7.90% vs 3.91% for LIBD. On fees, BBBL is cheaper at 0.19% per year. On volatility, LIBD has been the lower-risk option at 2.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBBL or LIBD?

Over the 1-year period, BBBL has performed better with a 7.90% return vs 3.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBBL or LIBD?

BBBL is cheaper with a 0.19% expense ratio, compared with 0.25% for LIBD.

Which ETF pays a higher dividend yield, BBBL or LIBD?

LIBD has the higher dividend yield at 11.50%, compared with 5.74% for BBBL.

What is the main difference between BBBL and LIBD?

BBBL is categorized as Long-Term Bond, while LIBD is Inflation-Protected Bonds. They also come from different issuers: BondBloxx and Stone Ridge. Their fees differ too: 0.19% for BBBL and 0.25% for LIBD.

Which has better risk-adjusted returns?

BBBL currently has the higher Sharpe Ratio (1.01 vs 0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.