BLST vs. BDBT

Last updated Jun 24, 2026

BLST (Bluemonte Short Term Bond ETF) and BDBT (Bluemonte Core Bond ETF) are both exchange-traded funds - BLST is a Short-Term Bond fund managed by Bluemonte, while BDBT is a Intermediate Core Bond fund managed by Bluemonte. Over the past year, BLST returned 3.24% vs 3.98% for BDBT. Their correlation of 0.93 suggests significant overlap in exposure. Both charge a 0.23% expense ratio.

Performance

BLST vs. BDBT - Performance Comparison

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

Returns By Period

In the year-to-date period, BLST achieves a 0.35% return, which is significantly higher than BDBT's 0.29% return.

BLST

• 1D: 0.08%
• 1M: 0.35%
• YTD: 0.35%
• 6M: 0.52%
• 1Y: 3.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BDBT

• 1D: 0.08%
• 1M: 0.60%
• YTD: 0.29%
• 6M: 0.44%
• 1Y: 3.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BLST vs. BDBT - Yearly Performance Comparison

	2026 (YTD)	2025
BLST Bluemonte Short Term Bond ETF	0.35%	2.68%
BDBT Bluemonte Core Bond ETF	0.29%	3.70%

Correlation

The correlation between BLST and BDBT 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 (1Y) Calculated over the trailing 1-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.93

The correlation between BLST and BDBT has been stable across timeframes, ranging from 0.93 to 0.93 - a consistent structural relationship.

Return for Risk

BLST vs. BDBT — Risk / Return Rank

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

BLST

BLST Risk / Return Rank: 44
BLST Sharpe Ratio Rank: 45
BLST Sortino Ratio Rank: 49
BLST Omega Ratio Rank: 43
BLST Calmar Ratio Rank: 42
BLST Martin Ratio Rank: 41

BDBT

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

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.

BLST vs. BDBT - Risk-Adjusted Trends Comparison

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

	BLST	BDBT	Difference
Sharpe ratio: Return per unit of total volatility	1.45	1.03	+0.41
Sortino ratio: Return per unit of downside risk	2.19	1.54	+0.65
Omega ratio: Gain probability vs. loss probability	1.26	1.18	+0.08
Calmar ratio: Return relative to maximum drawdown	1.92	1.39	+0.54
Martin ratio: Return relative to average drawdown	5.89	3.94	+1.95

BLST vs. BDBT - Sharpe Ratio Comparison

The current BLST Sharpe Ratio is 1.45, which is higher than the BDBT Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of BLST and BDBT, 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

BLST vs. BDBT - Drawdown Comparison

The maximum BLST drawdown since its inception was -1.69%, smaller than the maximum BDBT drawdown of -2.88%. Use the drawdown chart below to compare losses from any high point for BLST and BDBT.

Drawdown Indicators

	BLST	BDBT	Difference
Max Drawdown Largest peak-to-trough decline	-1.69%	-2.88%	+1.19%
Max Drawdown (1Y) Largest decline over 1 year	-1.69%	-2.88%	+1.19%
Current Drawdown Current decline from peak	-0.82%	-1.51%	+0.69%
Average Drawdown Average peak-to-trough decline	-0.37%	-0.75%	+0.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.55%	1.01%	-0.46%

Volatility

BLST vs. BDBT - Volatility Comparison

The current volatility for Bluemonte Short Term Bond ETF (BLST) is 0.73%, while Bluemonte Core Bond ETF (BDBT) has a volatility of 1.13%. This indicates that BLST experiences smaller price fluctuations and is considered to be less risky than BDBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLST	BDBT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.73%	1.13%	-0.40%
Volatility (6M) Calculated over the trailing 6-month period	1.69%	2.89%	-1.20%
Volatility (1Y) Calculated over the trailing 1-year period	2.25%	3.86%	-1.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.25%	3.86%	-1.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.25%	3.86%	-1.61%

BLST vs. BDBT - Expense Ratio Comparison

Both BLST and BDBT 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

BLST vs. BDBT - Dividend Comparison

BLST's dividend yield for the trailing twelve months is around 3.38%, less than BDBT's 3.52% yield.

Position	TTM	2025
BDBT Bluemonte Core Bond ETF	3.52%	2.21%
BLST Bluemonte Short Term Bond ETF	3.38%	2.11%

Frequently Asked Questions

Can I hold both BLST and BDBT in my portfolio?

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

BDBT has higher volatility (1.13%) compared to BLST (0.73%). In terms of maximum drawdown, BLST dropped -1.69% vs BDBT's -2.88%.

Which ETF is better, BLST or BDBT?

On 1-year performance, BDBT leads with 3.98% vs 3.24% for BLST. Both ETFs have the same 0.23% expense ratio. On volatility, BLST has been the lower-risk option at 0.73%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BLST or BDBT?

Over the 1-year period, BDBT has performed better with a 3.98% return vs 3.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BLST or BDBT?

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

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

BDBT has the higher dividend yield at 3.52%, compared with 3.38% for BLST.

What is the main difference between BLST and BDBT?

BLST is categorized as Short-Term Bond, while BDBT is Intermediate Core Bond.

Which has better risk-adjusted returns?

BLST currently has the higher Sharpe Ratio (1.45 vs 1.03), 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.