BLTD vs. GOVZ
BLTD (Bluemonte Long Term Bond ETF) and GOVZ (iShares 25+ Year Treasury STRIPS Bond ETF) are both exchange-traded funds - BLTD is a Long-Term Bond fund actively managed by Bluemonte, while GOVZ is a Government Bonds fund tracking the ICE BofA Long US Treasury Principal STRIPS Index. BLTD is actively managed, while GOVZ is passively managed. Over the past year, BLTD returned 0.11% vs -7.04% for GOVZ. Their correlation of 0.92 means they have usually moved in the same direction. BLTD charges 0.23%/yr vs 0.15%/yr for GOVZ.
Performance
BLTD vs. GOVZ - Performance Comparison
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Returns By Period
In the year-to-date period, BLTD achieves a -1.95% return, which is significantly higher than GOVZ's -6.61% return.
BLTD
- 1D
- 0.35%
- 1M
- -2.70%
- 6M
- -1.94%
- YTD
- -1.95%
- 1Y
- 0.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 1.56%
GOVZ
- 1D
- 0.34%
- 1M
- -6.59%
- 6M
- -5.59%
- YTD
- -6.61%
- 1Y
- -7.04%
- 3Y*
- -6.86%
- 5Y*
- -14.55%
- 10Y*
- —
- ALL TIME*
- -14.11%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $317.91K | $316.46K | $451.36K | |
| $6.32M | $6.57M | $8.03M |
BLTD vs. GOVZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BLTD Bluemonte Long Term Bond ETF | -1.95% | 3.76% |
GOVZ iShares 25+ Year Treasury STRIPS Bond ETF | -6.61% | 2.30% |
Correlation
The correlation between BLTD and GOVZ is 0.92, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025 | 0.92 |
The correlation between BLTD and GOVZ has been stable across timeframes, ranging from 0.92 to 0.92 - a consistent structural relationship.
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Return for Risk
BLTD vs. GOVZ — Risk / Return Rank
BLTD
GOVZ
BLTD vs. GOVZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bluemonte Long Term Bond ETF (BLTD) and iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ). 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 | GOVZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.94 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.02 | -0.48 | +0.50 |
| Martin ratioReturn relative to average drawdown | 0.05 | -0.96 | +1.01 |
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Drawdowns
BLTD vs. GOVZ - Drawdown Comparison
The maximum BLTD drawdown since its inception was -4.97%, smaller than the maximum GOVZ drawdown of -59.65%. Use the drawdown chart below to compare losses from any high point for BLTD and GOVZ.
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Drawdown Indicators
| BLTD | GOVZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.97% | -59.65% | +54.68% |
Max Drawdown (1Y)Largest decline over 1 year | -4.97% | -14.87% | +9.90% |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.42% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -57.63% | — |
Current DrawdownCurrent decline from peak | -4.63% | -58.96% | +54.33% |
Average DrawdownAverage peak-to-trough decline | -1.76% | -40.35% | +38.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.21% | 7.33% | -5.12% |
Volatility
BLTD vs. GOVZ - Volatility Comparison
The current volatility for Bluemonte Long Term Bond ETF (BLTD) is 1.79%, while iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ) has a volatility of 4.53%. This indicates that BLTD experiences smaller price fluctuations and is considered to be less risky than GOVZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BLTD | GOVZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.79% | 4.53% | -2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 5.22% | 11.06% | -5.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.67% | 15.52% | -8.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.81% | 23.80% | -16.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.81% | 23.17% | -16.36% |
BLTD vs. GOVZ - Expense Ratio Comparison
BLTD has a 0.23% expense ratio, which is higher than GOVZ's 0.15% 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. GOVZ - Dividend Comparison
BLTD's dividend yield for the trailing twelve months is around 4.50%, less than GOVZ's 5.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BLTD Bluemonte Long Term Bond ETF | 4.50% | 2.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GOVZ iShares 25+ Year Treasury STRIPS Bond ETF | 5.53% | 5.00% | 4.68% | 3.84% | 3.69% | 1.76% | 0.39% |
Frequently Asked Questions
With a correlation of 0.92, BLTD and GOVZ 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.
GOVZ has higher volatility (4.53%) compared to BLTD (1.79%). In terms of maximum drawdown, BLTD dropped -4.97% vs GOVZ's -59.65%.
On 1-year performance, BLTD leads with 0.11% vs -7.04% for GOVZ. On fees, GOVZ is cheaper at 0.15% per year. On volatility, BLTD has been the lower-risk option at 1.79%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BLTD has performed better with a 0.11% return vs -7.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GOVZ is cheaper with a 0.15% expense ratio, compared with 0.23% for BLTD.
GOVZ has the higher dividend yield at 5.53%, compared with 4.50% for BLTD.
BLTD is categorized as Long-Term Bond, while GOVZ is Government Bonds. They also come from different issuers: Bluemonte and iShares. Their fees differ too: 0.23% for BLTD and 0.15% for GOVZ.
BLTD currently has the higher Sharpe Ratio (0.02 vs -0.46), 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.
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