BDBT vs. BLTD

Last updated Aug 2, 2026

BDBT (Bluemonte Core Bond ETF) and BLTD (Bluemonte Long Term Bond ETF) are both exchange-traded funds - BDBT is a Intermediate Core Bond fund actively managed by Bluemonte, while BLTD is a Long-Term Bond fund actively managed by Bluemonte. Both are actively managed. Over the past year, BDBT returned 1.55% vs -0.23% for BLTD. Their correlation of 0.92 means they have usually moved in the same direction. Both charge a 0.23% expense ratio.

Performance

BDBT vs. BLTD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Core Bond ETF (BDBT) 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, BDBT achieves a -0.79% return, which is significantly higher than BLTD's -2.29% return.

BDBT

• 1D: -0.34%
• 1M: -1.32%
• 6M: -0.98%
• YTD: -0.79%
• 1Y: 1.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 2.61%

BLTD

• 1D: -0.41%
• 1M: -3.04%
• 6M: -2.55%
• YTD: -2.29%
• 1Y: -0.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 1.25%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BDBT Bluemonte Core Bond ETF	$803.26K	$825.50K	$1.18M
BLTD Bluemonte Long Term Bond ETF	$336.09K	$325.12K	$448.15K

BDBT vs. BLTD - Yearly Performance Comparison

	2026 (YTD)	2025
BDBT Bluemonte Core Bond ETF	-0.79%	3.70%
BLTD Bluemonte Long Term Bond ETF	-2.29%	3.76%

Correlation

The correlation between BDBT and BLTD is 0.92, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.92
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.92

The correlation between BDBT and BLTD has been stable across timeframes, ranging from 0.92 to 0.92 - a consistent structural relationship.

Return for Risk

BDBT vs. BLTD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BDBT

BDBT Risk / Return Rank: 26
BDBT Sharpe Ratio Rank: 27
BDBT Sortino Ratio Rank: 25
BDBT Omega Ratio Rank: 24
BDBT Calmar Ratio Rank: 27
BDBT Martin Ratio Rank: 26

BLTD

BLTD Risk / Return Rank: 13
BLTD Sharpe Ratio Rank: 13
BLTD Sortino Ratio Rank: 12
BLTD Omega Ratio Rank: 12
BLTD Calmar Ratio Rank: 14
BLTD Martin Ratio Rank: 14

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BDBT vs. BLTD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Core Bond ETF (BDBT) 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.

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	BLTD	Difference
Sharpe ratio: Return per unit of total volatility	0.63	0.13	+0.51
Sortino ratio: Return per unit of downside risk	0.94	0.22	+0.71
Omega ratio: Gain probability vs. loss probability	1.11	1.03	+0.08
Calmar ratio: Return relative to maximum drawdown	0.85	0.17	+0.68
Martin ratio: Return relative to average drawdown	2.09	0.39	+1.70

BDBT vs. BLTD - Sharpe Ratio Comparison

The current BDBT Sharpe Ratio is 0.63, which is higher than the BLTD Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of BDBT and BLTD, 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. BLTD - Drawdown Comparison

The maximum BDBT drawdown since its inception was -2.88%, smaller than the maximum BLTD drawdown of -4.97%. Use the drawdown chart below to compare losses from any high point for BDBT and BLTD.

Drawdown Indicators

	BDBT	BLTD	Difference
Max Drawdown Largest peak-to-trough decline	-2.88%	-4.97%	+2.09%
Max Drawdown (1Y) Largest decline over 1 year	-2.88%	-4.97%	+2.09%
Current Drawdown Current decline from peak	-2.57%	-4.97%	+2.40%
Average Drawdown Average peak-to-trough decline	-0.85%	-1.75%	+0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.17%	2.19%	-1.02%

Volatility

BDBT vs. BLTD - Volatility Comparison

The current volatility for Bluemonte Core Bond ETF (BDBT) is 1.02%, while Bluemonte Long Term Bond ETF (BLTD) has a volatility of 1.75%. This indicates that BDBT experiences smaller price fluctuations and is considered to be less risky than BLTD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BDBT	BLTD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.02%	1.75%	-0.73%
Volatility (6M) Calculated over the trailing 6-month period	3.03%	5.21%	-2.18%
Volatility (1Y) Calculated over the trailing 1-year period	3.87%	6.74%	-2.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.86%	6.82%	-2.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.86%	6.82%	-2.96%

BDBT vs. BLTD - Expense Ratio Comparison

Both BDBT and BLTD have an expense ratio of 0.23%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

BDBT vs. BLTD - Dividend Comparison

BDBT's dividend yield for the trailing twelve months is around 3.97%, less than BLTD's 4.51% yield.

Position	TTM	2025
BDBT Bluemonte Core Bond ETF	3.97%	2.21%
BLTD Bluemonte Long Term Bond ETF	4.51%	2.48%

Frequently Asked Questions

Can I hold both BDBT and BLTD in my portfolio?

With a correlation of 0.92, BDBT 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 is riskier, BDBT or BLTD?

BLTD has higher volatility (1.75%) compared to BDBT (1.02%). In terms of maximum drawdown, BDBT dropped -2.88% vs BLTD's -4.97%.

Which ETF is better, BDBT or BLTD?

On 1-year performance, BDBT leads with 1.55% vs -0.23% for BLTD. Both ETFs have the same 0.23% expense ratio. On volatility, BDBT has been the lower-risk option at 1.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BDBT or BLTD?

Over the 1-year period, BDBT has performed better with a 1.55% return vs -0.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BDBT or BLTD?

BDBT and BLTD have the same expense ratio: 0.23% per year.

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

BLTD has the higher dividend yield at 4.51%, compared with 3.97% for BDBT.

What is the main difference between BDBT and BLTD?

BDBT is categorized as Intermediate Core Bond, while BLTD is Long-Term Bond.

Which has better risk-adjusted returns?

BDBT currently has the higher Sharpe Ratio (0.63 vs 0.13), 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.