BLTD vs. BBBL

Last updated Jun 24, 2026

BLTD (Bluemonte Long Term Bond ETF) and BBBL (Bondbloxx BBB Rated 10+ Year Corporate Bond ETF) are both Long-Term Bond funds. Over the past year, BLTD returned 4.79% vs 6.49% for BBBL. With a 0.96 correlation, they move nearly in lockstep. BLTD charges 0.23%/yr vs 0.19%/yr for BBBL.

Performance

BLTD vs. BBBL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Long Term Bond ETF (BLTD) and Bondbloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLTD achieves a 0.84% return, which is significantly lower than BBBL's 1.71% return.

BLTD

• 1D: 0.18%
• 1M: 1.46%
• YTD: 0.84%
• 6M: 0.77%
• 1Y: 4.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBBL

• 1D: 0.21%
• 1M: 1.57%
• YTD: 1.71%
• 6M: 1.55%
• 1Y: 6.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BLTD vs. BBBL - Yearly Performance Comparison

	2026 (YTD)	2025
BLTD Bluemonte Long Term Bond ETF	0.84%	3.76%
BBBL Bondbloxx BBB Rated 10+ Year Corporate Bond ETF	1.71%	4.92%

Correlation

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

Return for Risk

BLTD vs. BBBL — Risk / Return Rank

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

BLTD

BLTD Risk / Return Rank: 21
BLTD Sharpe Ratio Rank: 22
BLTD Sortino Ratio Rank: 20
BLTD Omega Ratio Rank: 18
BLTD Calmar Ratio Rank: 22
BLTD Martin Ratio Rank: 21

BBBL

BBBL Risk / Return Rank: 24
BBBL Sharpe Ratio Rank: 25
BBBL Sortino Ratio Rank: 23
BBBL Omega Ratio Rank: 23
BBBL Calmar Ratio Rank: 26
BBBL Martin Ratio Rank: 24

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.

BLTD vs. BBBL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Long Term Bond ETF (BLTD) and Bondbloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL). 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.

	BLTD	BBBL	Difference
Sharpe ratio: Return per unit of total volatility	0.70	0.84	-0.13
Sortino ratio: Return per unit of downside risk	1.05	1.24	-0.19
Omega ratio: Gain probability vs. loss probability	1.12	1.15	-0.03
Calmar ratio: Return relative to maximum drawdown	1.00	1.20	-0.20
Martin ratio: Return relative to average drawdown	2.48	2.95	-0.48

BLTD vs. BBBL - Sharpe Ratio Comparison

The current BLTD Sharpe Ratio is 0.70, which is comparable to the BBBL Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of BLTD and BBBL, 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

BLTD vs. BBBL - Drawdown Comparison

The maximum BLTD drawdown since its inception was -4.80%, smaller than the maximum BBBL drawdown of -9.43%. Use the drawdown chart below to compare losses from any high point for BLTD and BBBL.

Drawdown Indicators

	BLTD	BBBL	Difference
Max Drawdown Largest peak-to-trough decline	-4.80%	-9.43%	+4.63%
Max Drawdown (1Y) Largest decline over 1 year	-4.80%	-5.45%	+0.65%
Current Drawdown Current decline from peak	-1.92%	-1.41%	-0.51%
Average Drawdown Average peak-to-trough decline	-1.60%	-3.27%	+1.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	2.20%	-0.26%

Volatility

BLTD vs. BBBL - Volatility Comparison

The current volatility for Bluemonte Long Term Bond ETF (BLTD) is 1.70%, while Bondbloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL) has a volatility of 1.90%. This indicates that BLTD experiences smaller price fluctuations and is considered to be less risky than BBBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLTD	BBBL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.70%	1.90%	-0.20%
Volatility (6M) Calculated over the trailing 6-month period	5.04%	5.80%	-0.76%
Volatility (1Y) Calculated over the trailing 1-year period	6.82%	7.77%	-0.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.82%	9.75%	-2.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.82%	9.75%	-2.93%

BLTD vs. BBBL - Expense Ratio Comparison

BLTD has a 0.23% expense ratio, which is higher than BBBL's 0.19% 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

BLTD vs. BBBL - Dividend Comparison

BLTD's dividend yield for the trailing twelve months is around 3.91%, less than BBBL's 5.71% yield.

Position	TTM	2025	2024
BBBL Bondbloxx BBB Rated 10+ Year Corporate Bond ETF	5.71%	5.77%	5.19%
BLTD Bluemonte Long Term Bond ETF	3.91%	2.48%	0.00%

Frequently Asked Questions

Can I hold both BLTD and BBBL in my portfolio?

With a correlation of 0.96, BLTD and BBBL 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, BLTD or BBBL?

BBBL has higher volatility (1.90%) compared to BLTD (1.70%). In terms of maximum drawdown, BLTD dropped -4.80% vs BBBL's -9.43%.

Which ETF is better, BLTD or BBBL?

On 1-year performance, BBBL leads with 6.49% vs 4.79% for BLTD. On fees, BBBL is cheaper at 0.19% per year. On volatility, BLTD has been the lower-risk option at 1.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BLTD or BBBL?

Over the 1-year period, BBBL has performed better with a 6.49% return vs 4.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BLTD or BBBL?

BBBL is cheaper with a 0.19% expense ratio, compared with 0.23% for BLTD.

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

BBBL has the higher dividend yield at 5.71%, compared with 3.91% for BLTD.

What is the main difference between BLTD and BBBL?

They also come from different issuers: Bluemonte and BondBloxx. Their fees differ too: 0.23% for BLTD and 0.19% for BBBL.

Which has better risk-adjusted returns?

BBBL currently has the higher Sharpe Ratio (0.84 vs 0.70), 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.