BLST vs. BLUI

Last updated Aug 2, 2026

BLST (Bluemonte Short Term Bond ETF) and BLUI (Bluemonte Diversified Income ETF) are both exchange-traded funds - BLST is a Short-Term Bond fund actively managed by Bluemonte, while BLUI is a Multisector Bonds fund actively managed by Bluemonte. Both are actively managed. Over the past year, BLST returned 2.19% vs 7.13% for BLUI. Their 0.67 correlation means they have sometimes moved together and sometimes differently. BLST charges 0.23%/yr vs 0.75%/yr for BLUI.

Performance

BLST vs. BLUI - Performance Comparison

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

Returns By Period

In the year-to-date period, BLST achieves a 0.15% return, which is significantly lower than BLUI's 4.27% return.

BLST

• 1D: -0.12%
• 1M: -0.46%
• 6M: -0.11%
• YTD: 0.15%
• 1Y: 2.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 2.56%

BLUI

• 1D: -0.08%
• 1M: 0.25%
• 6M: 2.95%
• YTD: 4.27%
• 1Y: 7.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.24%

*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)
BLST Bluemonte Short Term Bond ETF	$264.65K	$283.89K	$412.69K
BLUI Bluemonte Diversified Income ETF	$274.13K	$213.50K	$247.19K

BLST vs. BLUI - Yearly Performance Comparison

	2026 (YTD)	2025
BLST Bluemonte Short Term Bond ETF	0.15%	2.68%
BLUI Bluemonte Diversified Income ETF	4.27%	3.60%

Correlation

The correlation between BLST and BLUI is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.64
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.67

The correlation between BLST and BLUI has been stable across timeframes, ranging from 0.64 to 0.67 - a consistent structural relationship.

Return for Risk

BLST vs. BLUI — Risk / Return Rank

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

BLST

BLST Risk / Return Rank: 48
BLST Sharpe Ratio Rank: 51
BLST Sortino Ratio Rank: 53
BLST Omega Ratio Rank: 48
BLST Calmar Ratio Rank: 46
BLST Martin Ratio Rank: 42

BLUI

BLUI Risk / Return Rank: 84
BLUI Sharpe Ratio Rank: 82
BLUI Sortino Ratio Rank: 85
BLUI Omega Ratio Rank: 86
BLUI Calmar Ratio Rank: 81
BLUI Martin Ratio Rank: 88

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.

BLST vs. BLUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Short Term Bond ETF (BLST) and Bluemonte Diversified Income ETF (BLUI). 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	BLUI	Difference
Sharpe ratio: Return per unit of total volatility	1.26	1.92	-0.66
Sortino ratio: Return per unit of downside risk	1.87	2.86	-0.99
Omega ratio: Gain probability vs. loss probability	1.22	1.38	-0.16
Calmar ratio: Return relative to maximum drawdown	1.67	3.01	-1.34
Martin ratio: Return relative to average drawdown	4.63	13.18	-8.56

BLST vs. BLUI - Sharpe Ratio Comparison

The current BLST Sharpe Ratio is 1.26, which is lower than the BLUI Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of BLST and BLUI, 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. BLUI - Drawdown Comparison

The maximum BLST drawdown since its inception was -1.69%, smaller than the maximum BLUI drawdown of -2.43%. Use the drawdown chart below to compare losses from any high point for BLST and BLUI.

Drawdown Indicators

	BLST	BLUI	Difference
Max Drawdown Largest peak-to-trough decline	-1.69%	-2.43%	+0.74%
Max Drawdown (1Y) Largest decline over 1 year	-1.69%	-2.43%	+0.74%
Current Drawdown Current decline from peak	-1.02%	-0.21%	-0.81%
Average Drawdown Average peak-to-trough decline	-0.41%	-0.34%	-0.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.61%	0.55%	+0.06%

Volatility

BLST vs. BLUI - Volatility Comparison

The current volatility for Bluemonte Short Term Bond ETF (BLST) is 0.64%, while Bluemonte Diversified Income ETF (BLUI) has a volatility of 0.97%. This indicates that BLST experiences smaller price fluctuations and is considered to be less risky than BLUI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLST	BLUI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.64%	0.97%	-0.33%
Volatility (6M) Calculated over the trailing 6-month period	1.79%	3.15%	-1.36%
Volatility (1Y) Calculated over the trailing 1-year period	2.24%	3.81%	-1.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.25%	3.84%	-1.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.25%	3.84%	-1.59%

BLST vs. BLUI - Expense Ratio Comparison

BLST has a 0.23% expense ratio, which is lower than BLUI's 0.75% expense ratio.

Dividends

BLST vs. BLUI - Dividend Comparison

BLST's dividend yield for the trailing twelve months is around 3.79%, less than BLUI's 5.12% yield.

Position	TTM	2025
BLST Bluemonte Short Term Bond ETF	3.79%	2.11%
BLUI Bluemonte Diversified Income ETF	5.12%	2.91%

Frequently Asked Questions

Can I hold both BLST and BLUI in my portfolio?

BLST and BLUI have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BLST or BLUI?

BLUI has higher volatility (0.97%) compared to BLST (0.64%). In terms of maximum drawdown, BLST dropped -1.69% vs BLUI's -2.43%.

Which ETF is better, BLST or BLUI?

On 1-year performance, BLUI leads with 7.13% vs 2.19% for BLST. On fees, BLST is cheaper at 0.23% per year. On volatility, BLST has been the lower-risk option at 0.64%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BLST or BLUI?

Over the 1-year period, BLUI has performed better with a 7.13% return vs 2.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BLST or BLUI?

BLST is cheaper with a 0.23% expense ratio, compared with 0.75% for BLUI.

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

BLUI has the higher dividend yield at 5.12%, compared with 3.79% for BLST.

What is the main difference between BLST and BLUI?

BLST is categorized as Short-Term Bond, while BLUI is Multisector Bonds. Their fees differ too: 0.23% for BLST and 0.75% for BLUI.

Which has better risk-adjusted returns?

BLUI currently has the higher Sharpe Ratio (1.92 vs 1.26), 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.