BDBT vs. BIV

Last updated Jul 15, 2026

BDBT (Bluemonte Core Bond ETF) and BIV (Vanguard Intermediate-Term Bond Index ETF) are both Intermediate Core Bond funds. Over the past year, BDBT returned 3.63% vs 3.58% for BIV. With a 0.96 correlation, they move nearly in lockstep. BDBT charges 0.23%/yr vs 0.03%/yr for BIV.

Performance

BDBT vs. BIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Core Bond ETF (BDBT) and Vanguard Intermediate-Term Bond Index ETF (BIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BDBT achieves a -0.10% return, which is significantly higher than BIV's -0.43% return.

BDBT

• 1D: 0.24%
• 1M: -0.47%
• 6M: -0.38%
• YTD: -0.10%
• 1Y: 3.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BIV

• 1D: 0.26%
• 1M: -0.38%
• 6M: -0.58%
• YTD: -0.43%
• 1Y: 3.58%
• 3Y*: 4.26%
• 5Y*: -0.06%
• 10Y*: 1.76%

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

BDBT vs. BIV - Yearly Performance Comparison

	2026 (YTD)	2025
BDBT Bluemonte Core Bond ETF	-0.10%	3.70%
BIV Vanguard Intermediate-Term Bond Index ETF	-0.43%	4.31%

Correlation

The correlation between BDBT and BIV is 0.96 - 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 (1Y) Calculated over the trailing 1-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.96

The correlation between BDBT and BIV has been stable across timeframes, ranging from 0.96 to 0.96 - a consistent structural relationship.

Return for Risk

BDBT vs. BIV — Risk / Return Rank

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

BDBT

BDBT Risk / Return Rank: 30
BDBT Sharpe Ratio Rank: 32
BDBT Sortino Ratio Rank: 31
BDBT Omega Ratio Rank: 28
BDBT Calmar Ratio Rank: 31
BDBT Martin Ratio Rank: 30

BIV

BIV Risk / Return Rank: 28
BIV Sharpe Ratio Rank: 30
BIV Sortino Ratio Rank: 29
BIV Omega Ratio Rank: 26
BIV Calmar Ratio Rank: 28
BIV Martin Ratio Rank: 27

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.

BDBT vs. BIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Core Bond ETF (BDBT) and Vanguard Intermediate-Term Bond Index ETF (BIV). 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.

	BDBT	BIV	Difference
Sharpe ratio: Return per unit of total volatility	0.95	0.89	+0.06
Sortino ratio: Return per unit of downside risk	1.40	1.31	+0.09
Omega ratio: Gain probability vs. loss probability	1.16	1.15	+0.01
Calmar ratio: Return relative to maximum drawdown	1.27	1.13	+0.13
Martin ratio: Return relative to average drawdown	3.44	2.98	+0.46

BDBT vs. BIV - Sharpe Ratio Comparison

The current BDBT Sharpe Ratio is 0.95, which is comparable to the BIV Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of BDBT and BIV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BDBT vs. BIV - Drawdown Comparison

The maximum BDBT drawdown since its inception was -2.88%, smaller than the maximum BIV drawdown of -18.95%. Use the drawdown chart below to compare losses from any high point for BDBT and BIV.

Drawdown Indicators

	BDBT	BIV	Difference
Max Drawdown Largest peak-to-trough decline	-2.88%	-18.95%	+16.07%
Max Drawdown (1Y) Largest decline over 1 year	-2.88%	-3.18%	+0.30%
Max Drawdown (3Y) Largest decline over 3 years	—	-6.07%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.74%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-18.95%	—
Current Drawdown Current decline from peak	-1.90%	-2.22%	+0.32%
Average Drawdown Average peak-to-trough decline	-0.78%	-3.38%	+2.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.06%	1.20%	-0.14%

Volatility

BDBT vs. BIV - Volatility Comparison

The current volatility for Bluemonte Core Bond ETF (BDBT) is 1.16%, while Vanguard Intermediate-Term Bond Index ETF (BIV) has a volatility of 1.23%. This indicates that BDBT experiences smaller price fluctuations and is considered to be less risky than BIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BDBT	BIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.16%	1.23%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	2.98%	3.14%	-0.16%
Volatility (1Y) Calculated over the trailing 1-year period	3.86%	4.05%	-0.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.87%	6.41%	-2.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.87%	5.50%	-1.63%

BDBT vs. BIV - Expense Ratio Comparison

BDBT has a 0.23% expense ratio, which is higher than BIV's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BDBT vs. BIV - Dividend Comparison

BDBT's dividend yield for the trailing twelve months is around 3.88%, less than BIV's 4.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BDBT Bluemonte Core Bond ETF	3.88%	2.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BIV Vanguard Intermediate-Term Bond Index ETF	4.26%	4.01%	3.79%	3.09%	2.41%	3.42%	2.95%	2.75%	2.88%	2.69%	3.01%	3.02%

Frequently Asked Questions

Can I hold both BDBT and BIV in my portfolio?

With a correlation of 0.96, BDBT and BIV 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 is riskier, BDBT or BIV?

BIV has higher volatility (1.23%) compared to BDBT (1.16%). In terms of maximum drawdown, BDBT dropped -2.88% vs BIV's -18.95%.

Which ETF is better, BDBT or BIV?

On 1-year performance, BDBT leads with 3.63% vs 3.58% for BIV. On fees, BIV is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BDBT or BIV?

Over the 1-year period, BDBT has performed better with a 3.63% return vs 3.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BDBT or BIV?

BIV is cheaper with a 0.03% expense ratio, compared with 0.23% for BDBT.

Which ETF pays a higher dividend yield, BDBT or BIV?

BIV has the higher dividend yield at 4.26%, compared with 3.88% for BDBT.

What is the main difference between BDBT and BIV?

They also come from different issuers: Bluemonte and Vanguard. Their fees differ too: 0.23% for BDBT and 0.03% for BIV.

Which has better risk-adjusted returns?

BDBT currently has the higher Sharpe Ratio (0.95 vs 0.89), 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.