BLTD vs. IBGK

Last updated Jun 5, 2026

BLTD (Bluemonte Long Term Bond ETF) and IBGK (iShares iBonds Dec 2054 Term Treasury ETF) are both Long-Term Bond funds. With a 0.97 correlation, they move nearly in lockstep. BLTD charges 0.23%/yr vs 0.07%/yr for IBGK.

Performance

BLTD vs. IBGK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Long Term Bond ETF (BLTD) and iShares iBonds Dec 2054 Term Treasury ETF (IBGK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLTD achieves a 0.50% return, which is significantly higher than IBGK's -0.13% return.

BLTD

• 1D: 0.24%
• 1M: 0.66%
• YTD: 0.50%
• 6M: -0.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBGK

• 1D: 0.23%
• 1M: 0.48%
• YTD: -0.13%
• 6M: -1.16%
• 1Y: 3.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BLTD vs. IBGK - Yearly Performance Comparison

	2026 (YTD)	2025
BLTD Bluemonte Long Term Bond ETF	0.50%	3.91%
IBGK iShares iBonds Dec 2054 Term Treasury ETF	-0.13%	3.02%

Correlation

The correlation between BLTD and IBGK is 0.97 - 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	0.97

Return for Risk

BLTD vs. IBGK — Risk / Return Rank

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

IBGK

IBGK Risk / Return Rank: 14
IBGK Sharpe Ratio Rank: 14
IBGK Sortino Ratio Rank: 14
IBGK Omega Ratio Rank: 13
IBGK Calmar Ratio Rank: 14
IBGK Martin Ratio Rank: 14

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. IBGK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Long Term Bond ETF (BLTD) and iShares iBonds Dec 2054 Term Treasury ETF (IBGK). 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	IBGK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.03	+0.66

Drawdowns

BLTD vs. IBGK - Drawdown Comparison

The maximum BLTD drawdown since its inception was -4.80%, smaller than the maximum IBGK drawdown of -14.62%. Use the drawdown chart below to compare losses from any high point for BLTD and IBGK.

Drawdown Indicators

	BLTD	IBGK	Difference
Max Drawdown Largest peak-to-trough decline	-4.80%	-14.62%	+9.82%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.29%	—
Current Drawdown Current decline from peak	-2.25%	-8.99%	+6.74%
Average Drawdown Average peak-to-trough decline	-1.57%	-8.07%	+6.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.93%	—

Volatility

Volatility by Period

	BLTD	IBGK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	6.83%	9.36%	-2.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.83%	11.80%	-4.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.83%	11.80%	-4.97%

BLTD vs. IBGK - Expense Ratio Comparison

BLTD has a 0.23% expense ratio, which is higher than IBGK's 0.07% 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. IBGK - Dividend Comparison

BLTD's dividend yield for the trailing twelve months is around 3.92%, less than IBGK's 4.71% yield.

Position	TTM	2025	2024
BLTD Bluemonte Long Term Bond ETF	3.92%	2.48%	0.00%
IBGK iShares iBonds Dec 2054 Term Treasury ETF	4.71%	4.59%	3.15%

Frequently Asked Questions

Can I hold both BLTD and IBGK in my portfolio?

With a correlation of 0.97, BLTD and IBGK 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 IBGK?

On fees, IBGK is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BLTD or IBGK?

IBGK is cheaper with a 0.07% expense ratio, compared with 0.23% for BLTD.

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

IBGK has the higher dividend yield at 4.71%, compared with 3.92% for BLTD.

What is the main difference between BLTD and IBGK?

They also come from different issuers: Bluemonte and iShares. Their fees differ too: 0.23% for BLTD and 0.07% for IBGK.