BLTD vs. BBBL

Last updated Jun 4, 2026

BLTD (Bluemonte Long Term Bond ETF) and BBBL (Bondbloxx BBB Rated 10+ Year Corporate Bond ETF) are both Long-Term Bond funds. 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 0.26% return, which is significantly lower than BBBL's 1.22% return.

BLTD

• 1D: -0.32%
• 1M: 0.87%
• YTD: 0.26%
• 6M: -0.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBBL

• 1D: -0.39%
• 1M: 1.64%
• YTD: 1.22%
• 6M: 0.19%
• 1Y: 7.90%
• 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	0.26%	3.91%
BBBL Bondbloxx BBB Rated 10+ Year Corporate Bond ETF	1.22%	4.69%

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 (All Time) Calculated using the full available price history since Jun 24, 2025	0.96

Return for Risk

BLTD vs. BBBL — Risk / Return Rank

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

BBBL

BBBL Risk / Return Rank: 28
BBBL Sharpe Ratio Rank: 28
BBBL Sortino Ratio Rank: 27
BBBL Omega Ratio Rank: 27
BBBL Calmar Ratio Rank: 30
BBBL Martin Ratio Rank: 27

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.

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

Sharpe Ratios by Period

	BLTD	BBBL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.01	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.39	+0.25

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	—	-5.45%	—
Current Drawdown Current decline from peak	-2.48%	-1.89%	-0.59%
Average Drawdown Average peak-to-trough decline	-1.57%	-3.31%	+1.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.17%	—

Volatility

Volatility by Period

	BLTD	BBBL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.45%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	6.84%	7.86%	-1.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.84%	9.80%	-2.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.84%	9.80%	-2.96%

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 3.93%, less than BBBL's 5.74% yield.

Position	TTM	2025	2024
BBBL Bondbloxx BBB Rated 10+ Year Corporate Bond ETF	5.74%	5.77%	5.19%
BLTD Bluemonte Long Term Bond ETF	3.93%	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 ETF is better, BLTD or BBBL?

On fees, BBBL is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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 5.74%, compared with 3.93% 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.