BBLB vs. BLTD

Last updated Jun 4, 2026

BBLB (JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF) and BLTD (Bluemonte Long Term Bond ETF) are both exchange-traded funds - BBLB is a Government Bonds fund tracking the ICE U.S. Treasury 20+ Year Bond Index, while BLTD is a Long-Term Bond fund managed by Bluemonte. With a 0.97 correlation, they move nearly in lockstep. BBLB charges 0.04%/yr vs 0.23%/yr for BLTD.

Performance

BBLB vs. BLTD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF (BBLB) and Bluemonte Long Term Bond ETF (BLTD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBLB achieves a -0.36% return, which is significantly lower than BLTD's 0.26% return.

BBLB

• 1D: -0.40%
• 1M: 0.77%
• YTD: -0.36%
• 6M: -1.96%
• 1Y: 5.09%
• 3Y*: -1.70%
• 5Y*: —
• 10Y*: —

BLTD

• 1D: -0.32%
• 1M: 0.87%
• YTD: 0.26%
• 6M: -0.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BBLB vs. BLTD - Yearly Performance Comparison

	2026 (YTD)	2025
BBLB JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF	-0.36%	3.26%
BLTD Bluemonte Long Term Bond ETF	0.26%	3.91%

Correlation

The correlation between BBLB and BLTD is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 24, 2025	0.97

BBLB vs. BLTD - Sectors Allocation Comparison

Sectors	BBLB	BLTD
Communication Services	99.9%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	100.0%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

BBLB vs. BLTD — Risk / Return Rank

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

BBLB

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

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.

BBLB vs. BLTD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF (BBLB) and Bluemonte Long Term Bond ETF (BLTD). 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.

	BBLB	BLTD	Difference
Sharpe ratio: Return per unit of total volatility	0.52	—	—
Sortino ratio: Return per unit of downside risk	0.82	—	—
Omega ratio: Gain probability vs. loss probability	1.09	—	—
Calmar ratio: Return relative to maximum drawdown	0.68	—	—
Martin ratio: Return relative to average drawdown	1.70	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BBLB	BLTD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.52	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	0.65	-0.82

Drawdowns

BBLB vs. BLTD - Drawdown Comparison

The maximum BBLB drawdown since its inception was -21.06%, which is greater than BLTD's maximum drawdown of -4.80%. Use the drawdown chart below to compare losses from any high point for BBLB and BLTD.

Drawdown Indicators

	BBLB	BLTD	Difference
Max Drawdown Largest peak-to-trough decline	-21.06%	-4.80%	-16.26%
Max Drawdown (1Y) Largest decline over 1 year	-7.53%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.95%	—	—
Current Drawdown Current decline from peak	-8.93%	-2.48%	-6.45%
Average Drawdown Average peak-to-trough decline	-8.94%	-1.57%	-7.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.00%	—	—

Volatility

Volatility by Period

	BBLB	BLTD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.55%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.80%	6.84%	+2.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.83%	6.84%	+6.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.83%	6.84%	+6.99%

BBLB vs. BLTD - Expense Ratio Comparison

BBLB has a 0.04% expense ratio, which is lower than BLTD's 0.23% 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

BBLB vs. BLTD - Dividend Comparison

BBLB's dividend yield for the trailing twelve months is around 5.00%, more than BLTD's 3.93% yield.

Position	TTM	2025	2024	2023
BBLB JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF	5.00%	5.03%	5.34%	2.82%
BLTD Bluemonte Long Term Bond ETF	3.93%	2.48%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BBLB and BLTD in my portfolio?

With a correlation of 0.97, BBLB and BLTD move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BBLB or BLTD?

On fees, BBLB is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BBLB or BLTD?

BBLB is cheaper with a 0.04% expense ratio, compared with 0.23% for BLTD.

Which ETF pays a higher dividend yield, BBLB or BLTD?

BBLB has the higher dividend yield at 5.00%, compared with 3.93% for BLTD.

What is the main difference between BBLB and BLTD?

BBLB is categorized as Government Bonds, while BLTD is Long-Term Bond. They also come from different issuers: JPMorgan and Bluemonte. Their fees differ too: 0.04% for BBLB and 0.23% for BLTD.