BLTD vs. BLST

Last updated Jun 24, 2026

BLTD (Bluemonte Long Term Bond ETF) and BLST (Bluemonte Short Term Bond ETF) are both exchange-traded funds - BLTD is a Long-Term Bond fund managed by Bluemonte, while BLST is a Short-Term Bond fund managed by Bluemonte. Over the past year, BLTD returned 4.79% vs 3.24% for BLST. Their correlation of 0.86 suggests significant overlap in exposure. Both charge a 0.23% expense ratio.

Performance

BLTD vs. BLST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Long Term Bond ETF (BLTD) and Bluemonte Short Term Bond ETF (BLST). 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 higher than BLST's 0.35% return.

BLTD

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

BLST

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

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

BLTD vs. BLST - Yearly Performance Comparison

	2026 (YTD)	2025
BLTD Bluemonte Long Term Bond ETF	0.84%	3.76%
BLST Bluemonte Short Term Bond ETF	0.35%	2.68%

Correlation

The correlation between BLTD and BLST is 0.86, 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	0.86
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.86

The correlation between BLTD and BLST has been stable across timeframes, ranging from 0.86 to 0.86 - a consistent structural relationship.

Return for Risk

BLTD vs. BLST — 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

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

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. BLST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Long Term Bond ETF (BLTD) and Bluemonte Short Term Bond ETF (BLST). 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	BLST	Difference
Sharpe ratio: Return per unit of total volatility	0.70	1.45	-0.74
Sortino ratio: Return per unit of downside risk	1.05	2.19	-1.14
Omega ratio: Gain probability vs. loss probability	1.12	1.26	-0.14
Calmar ratio: Return relative to maximum drawdown	1.00	1.92	-0.92
Martin ratio: Return relative to average drawdown	2.48	5.89	-3.41

BLTD vs. BLST - Sharpe Ratio Comparison

The current BLTD Sharpe Ratio is 0.70, which is lower than the BLST Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of BLTD and BLST, 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. BLST - Drawdown Comparison

The maximum BLTD drawdown since its inception was -4.80%, which is greater than BLST's maximum drawdown of -1.69%. Use the drawdown chart below to compare losses from any high point for BLTD and BLST.

Drawdown Indicators

	BLTD	BLST	Difference
Max Drawdown Largest peak-to-trough decline	-4.80%	-1.69%	-3.11%
Max Drawdown (1Y) Largest decline over 1 year	-4.80%	-1.69%	-3.11%
Current Drawdown Current decline from peak	-1.92%	-0.82%	-1.10%
Average Drawdown Average peak-to-trough decline	-1.60%	-0.37%	-1.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	0.55%	+1.39%

Volatility

BLTD vs. BLST - Volatility Comparison

Bluemonte Long Term Bond ETF (BLTD) has a higher volatility of 1.70% compared to Bluemonte Short Term Bond ETF (BLST) at 0.73%. This indicates that BLTD's price experiences larger fluctuations and is considered to be riskier than BLST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLTD	BLST	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.70%	0.73%	+0.97%
Volatility (6M) Calculated over the trailing 6-month period	5.04%	1.69%	+3.35%
Volatility (1Y) Calculated over the trailing 1-year period	6.82%	2.25%	+4.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.82%	2.25%	+4.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.82%	2.25%	+4.57%

BLTD vs. BLST - Expense Ratio Comparison

Both BLTD and BLST 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

BLTD vs. BLST - Dividend Comparison

BLTD's dividend yield for the trailing twelve months is around 3.91%, more than BLST's 3.38% yield.

Position	TTM	2025
BLST Bluemonte Short Term Bond ETF	3.38%	2.11%
BLTD Bluemonte Long Term Bond ETF	3.91%	2.48%

Frequently Asked Questions

Can I hold both BLTD and BLST in my portfolio?

BLTD and BLST have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BLTD or BLST?

BLTD has higher volatility (1.70%) compared to BLST (0.73%). In terms of maximum drawdown, BLTD dropped -4.80% vs BLST's -1.69%.

Which ETF is better, BLTD or BLST?

On 1-year performance, BLTD leads with 4.79% 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, BLTD or BLST?

Over the 1-year period, BLTD has performed better with a 4.79% return vs 3.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BLTD or BLST?

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

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

BLTD has the higher dividend yield at 3.91%, compared with 3.38% for BLST.

What is the main difference between BLTD and BLST?

BLTD is categorized as Long-Term Bond, while BLST is Short-Term Bond.

Which has better risk-adjusted returns?

BLST currently has the higher Sharpe Ratio (1.45 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.