BDBT vs. IBTO

Last updated Jun 4, 2026

BDBT (Bluemonte Core Bond ETF) and IBTO (iShares iBonds Dec 2033 Term Treasury ETF) are both Intermediate Core Bond funds. Their correlation of 0.93 suggests significant overlap in exposure. BDBT charges 0.23%/yr vs 0.07%/yr for IBTO.

Performance

BDBT vs. IBTO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Core Bond ETF (BDBT) and iShares iBonds Dec 2033 Term Treasury ETF (IBTO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BDBT achieves a 0.09% return, which is significantly higher than IBTO's -0.58% return.

BDBT

• 1D: -0.20%
• 1M: 0.20%
• YTD: 0.09%
• 6M: -0.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBTO

• 1D: -0.21%
• 1M: -0.17%
• YTD: -0.58%
• 6M: -1.02%
• 1Y: 4.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BDBT vs. IBTO - Yearly Performance Comparison

	2026 (YTD)	2025
BDBT Bluemonte Core Bond ETF	0.09%	3.68%
IBTO iShares iBonds Dec 2033 Term Treasury ETF	-0.58%	3.52%

Correlation

The correlation between BDBT and IBTO is 0.93, 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 Jun 24, 2025	0.93

Return for Risk

BDBT vs. IBTO — Risk / Return Rank

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

IBTO

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

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. IBTO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Core Bond ETF (BDBT) and iShares iBonds Dec 2033 Term Treasury ETF (IBTO). 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.

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

Sharpe Ratios by Period

	BDBT	IBTO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.05	0.43	+0.62

Drawdowns

BDBT vs. IBTO - Drawdown Comparison

The maximum BDBT drawdown since its inception was -2.88%, smaller than the maximum IBTO drawdown of -8.36%. Use the drawdown chart below to compare losses from any high point for BDBT and IBTO.

Drawdown Indicators

	BDBT	IBTO	Difference
Max Drawdown Largest peak-to-trough decline	-2.88%	-8.36%	+5.48%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.66%	—
Current Drawdown Current decline from peak	-1.71%	-2.63%	+0.92%
Average Drawdown Average peak-to-trough decline	-0.70%	-2.37%	+1.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.26%	—

Volatility

Volatility by Period

	BDBT	IBTO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.32%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.83%	4.46%	-0.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.83%	6.61%	-2.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.83%	6.61%	-2.78%

BDBT vs. IBTO - Expense Ratio Comparison

BDBT has a 0.23% expense ratio, which is higher than IBTO's 0.07% 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. IBTO - Dividend Comparison

BDBT's dividend yield for the trailing twelve months is around 3.53%, less than IBTO's 4.15% yield.

Position	TTM	2025	2024	2023
BDBT Bluemonte Core Bond ETF	3.53%	2.21%	0.00%	0.00%
IBTO iShares iBonds Dec 2033 Term Treasury ETF	4.15%	4.05%	4.23%	1.66%

Frequently Asked Questions

Can I hold both BDBT and IBTO in my portfolio?

With a correlation of 0.93, BDBT and IBTO 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, BDBT or IBTO?

On fees, IBTO is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BDBT or IBTO?

IBTO is cheaper with a 0.07% expense ratio, compared with 0.23% for BDBT.

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

IBTO has the higher dividend yield at 4.15%, compared with 3.53% for BDBT.

What is the main difference between BDBT and IBTO?

They also come from different issuers: Bluemonte and iShares. Their fees differ too: 0.23% for BDBT and 0.07% for IBTO.