BCKT vs. LFAI

Last updated Jun 23, 2026

BCKT (LifeX 2030 Income Bucket ETF) and LFAI (LifeX 2050 Longevity Income ETF) are both Government Bonds funds from Stone Ridge. Both are actively managed. Their correlation of 0.80 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.

Performance

BCKT vs. LFAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LifeX 2030 Income Bucket ETF (BCKT) and LifeX 2050 Longevity Income ETF (LFAI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCKT achieves a 0.24% return, which is significantly higher than LFAI's -0.05% return.

BCKT

• 1D: -0.11%
• 1M: 0.11%
• YTD: 0.24%
• 6M: 0.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LFAI

• 1D: -0.46%
• 1M: 1.16%
• YTD: -0.05%
• 6M: -0.02%
• 1Y: 3.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BCKT vs. LFAI - Yearly Performance Comparison

	2026 (YTD)	2025
BCKT LifeX 2030 Income Bucket ETF	0.24%	1.09%
LFAI LifeX 2050 Longevity Income ETF	-0.05%	0.15%

Correlation

The correlation between BCKT and LFAI is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.80

Return for Risk

BCKT vs. LFAI — 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.

LFAI

LFAI Risk / Return Rank: 16
LFAI Sharpe Ratio Rank: 17
LFAI Sortino Ratio Rank: 16
LFAI Omega Ratio Rank: 15
LFAI Calmar Ratio Rank: 16
LFAI 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.

BCKT vs. LFAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LifeX 2030 Income Bucket ETF (BCKT) and LifeX 2050 Longevity Income ETF (LFAI). 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	LFAI	Difference
Sharpe ratio: Return per unit of total volatility	—	0.57	—
Sortino ratio: Return per unit of downside risk	—	0.86	—
Omega ratio: Gain probability vs. loss probability	—	1.10	—
Calmar ratio: Return relative to maximum drawdown	—	0.66	—
Martin ratio: Return relative to average drawdown	—	1.75	—

Drawdowns

BCKT vs. LFAI - Drawdown Comparison

The maximum BCKT drawdown since its inception was -1.00%, smaller than the maximum LFAI drawdown of -8.64%. Use the drawdown chart below to compare losses from any high point for BCKT and LFAI.

Drawdown Indicators

	BCKT	LFAI	Difference
Max Drawdown Largest peak-to-trough decline	-1.00%	-8.64%	+7.64%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.30%	—
Current Drawdown Current decline from peak	-0.66%	-3.02%	+2.36%
Average Drawdown Average peak-to-trough decline	-0.28%	-3.50%	+3.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.99%	—

Volatility

Volatility by Period

	BCKT	LFAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.58%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.55%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.57%	6.18%	-4.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.57%	7.13%	-5.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.57%	7.13%	-5.56%

BCKT vs. LFAI - Expense Ratio Comparison

Both BCKT and LFAI have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

BCKT vs. LFAI - Dividend Comparison

BCKT's dividend yield for the trailing twelve months is around 17.97%, more than LFAI's 13.50% yield.

Position	TTM	2025	2024
BCKT LifeX 2030 Income Bucket ETF	17.97%	5.36%	0.00%
LFAI LifeX 2050 Longevity Income ETF	13.50%	16.48%	1.91%

Frequently Asked Questions

Can I hold both BCKT and LFAI in my portfolio?

BCKT and LFAI have a correlation of 0.80, 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 LFAI?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BCKT or LFAI?

BCKT and LFAI have the same expense ratio: 0.25% per year.

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

BCKT has the higher dividend yield at 17.97%, compared with 13.50% for LFAI.