BCKT vs. BNDD

Last updated Jun 24, 2026

BCKT (LifeX 2030 Income Bucket ETF) and BNDD (Quadratic Deflation ETF) are both Government Bonds funds. Both are actively managed. At a 0.08 correlation, their price movements are largely independent. BCKT charges 0.25%/yr vs 1.02%/yr for BNDD.

Performance

BCKT vs. BNDD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LifeX 2030 Income Bucket ETF (BCKT) and Quadratic Deflation ETF (BNDD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCKT achieves a 0.31% return, which is significantly lower than BNDD's 6.53% return.

BCKT

• 1D: 0.07%
• 1M: 0.18%
• YTD: 0.31%
• 6M: 0.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BNDD

• 1D: -0.16%
• 1M: 3.05%
• YTD: 6.53%
• 6M: 5.33%
• 1Y: 4.37%
• 3Y*: -4.21%
• 5Y*: —
• 10Y*: —

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

BCKT vs. BNDD - Yearly Performance Comparison

	2026 (YTD)	2025
BCKT LifeX 2030 Income Bucket ETF	0.31%	1.09%
BNDD Quadratic Deflation ETF	6.53%	-2.73%

Correlation

The correlation between BCKT and BNDD is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.08

Return for Risk

BCKT vs. BNDD — Risk / Return Rank

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

BCKT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BNDD

BNDD Risk / Return Rank: 15
BNDD Sharpe Ratio Rank: 15
BNDD Sortino Ratio Rank: 14
BNDD Omega Ratio Rank: 14
BNDD Calmar Ratio Rank: 18
BNDD 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.

BCKT vs. BNDD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LifeX 2030 Income Bucket ETF (BCKT) and Quadratic Deflation ETF (BNDD). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BCKT	BNDD	Difference
Sharpe ratio: Return per unit of total volatility	—	0.42	—
Sortino ratio: Return per unit of downside risk	—	0.66	—
Omega ratio: Gain probability vs. loss probability	—	1.08	—
Calmar ratio: Return relative to maximum drawdown	—	0.72	—
Martin ratio: Return relative to average drawdown	—	1.55	—

Drawdowns

BCKT vs. BNDD - Drawdown Comparison

The maximum BCKT drawdown since its inception was -1.00%, smaller than the maximum BNDD drawdown of -30.87%. Use the drawdown chart below to compare losses from any high point for BCKT and BNDD.

Drawdown Indicators

	BCKT	BNDD	Difference
Max Drawdown Largest peak-to-trough decline	-1.00%	-30.87%	+29.87%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.09%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.75%	—
Current Drawdown Current decline from peak	-0.58%	-24.94%	+24.36%
Average Drawdown Average peak-to-trough decline	-0.28%	-19.39%	+19.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.82%	—

Volatility

Volatility by Period

	BCKT	BNDD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.66%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.27%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.57%	10.49%	-8.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.57%	13.35%	-11.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.57%	13.35%	-11.78%

BCKT vs. BNDD - Expense Ratio Comparison

BCKT has a 0.25% expense ratio, which is lower than BNDD's 1.02% expense ratio.

Dividends

BCKT vs. BNDD - Dividend Comparison

BCKT's dividend yield for the trailing twelve months is around 17.96%, more than BNDD's 3.53% yield.

Position	TTM	2025	2024	2023	2022	2021
BCKT LifeX 2030 Income Bucket ETF	17.96%	5.36%	0.00%	0.00%	0.00%	0.00%
BNDD Quadratic Deflation ETF	3.53%	3.82%	3.85%	4.30%	43.17%	1.04%

Frequently Asked Questions

Can I hold both BCKT and BNDD in my portfolio?

BCKT and BNDD have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BCKT or BNDD?

On fees, BCKT is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BCKT or BNDD?

BCKT is cheaper with a 0.25% expense ratio, compared with 1.02% for BNDD.

Which ETF pays a higher dividend yield, BCKT or BNDD?

BCKT has the higher dividend yield at 17.96%, compared with 3.53% for BNDD.

What is the main difference between BCKT and BNDD?

They also come from different issuers: Stone Ridge and KraneShares. Their fees differ too: 0.25% for BCKT and 1.02% for BNDD.