BLTD vs. SASS

Last updated Aug 4, 2026

BLTD (Bluemonte Long Term Bond ETF) and SASS (M.D. Sass Concentrated Value ETF) are both exchange-traded funds - BLTD is a Long-Term Bond fund actively managed by Bluemonte, while SASS is a Actively Managed fund actively managed by M.D. Sass. Both are actively managed. Their 0.59 correlation means they have sometimes moved together and sometimes differently. BLTD charges 0.23%/yr vs 0.75%/yr for SASS.

Performance

BLTD vs. SASS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Long Term Bond ETF (BLTD) and M.D. Sass Concentrated Value ETF (SASS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BLTD

• 1D: 0.35%
• 1M: -2.70%
• 6M: -1.94%
• YTD: -1.95%
• 1Y: 0.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 1.56%

SASS

• 1D: 0.79%
• 1M: -1.73%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BLTD Bluemonte Long Term Bond ETF	$317.91K	$316.46K	$451.36K
SASS M.D. Sass Concentrated Value ETF	$4.59K	$3.21K	$39.40K

BLTD vs. SASS - Yearly Performance Comparison

	2026 (YTD)
BLTD Bluemonte Long Term Bond ETF	-3.96%
SASS M.D. Sass Concentrated Value ETF	-2.50%

Correlation

The correlation between BLTD and SASS is 0.59, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 4, 2026	0.59

Return for Risk

BLTD vs. SASS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BLTD

BLTD Risk / Return Rank: 10
BLTD Sharpe Ratio Rank: 11
BLTD Sortino Ratio Rank: 10
BLTD Omega Ratio Rank: 10
BLTD Calmar Ratio Rank: 11
BLTD Martin Ratio Rank: 11

SASS

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BLTD vs. SASS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Long Term Bond ETF (BLTD) and M.D. Sass Concentrated Value ETF (SASS). 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	SASS	Difference
Sharpe ratio: Return per unit of total volatility	0.02	—	—
Sortino ratio: Return per unit of downside risk	0.07	—	—
Omega ratio: Gain probability vs. loss probability	1.01	—	—
Calmar ratio: Return relative to maximum drawdown	0.02	—	—
Martin ratio: Return relative to average drawdown	0.05	—	—

Drawdowns

BLTD vs. SASS - Drawdown Comparison

The maximum BLTD drawdown since its inception was -4.97%, smaller than the maximum SASS drawdown of -9.61%. Use the drawdown chart below to compare losses from any high point for BLTD and SASS.

Drawdown Indicators

	BLTD	SASS	Difference
Max Drawdown Largest peak-to-trough decline	-4.97%	-9.61%	+4.64%
Max Drawdown (1Y) Largest decline over 1 year	-4.97%	—	—
Current Drawdown Current decline from peak	-4.63%	-3.53%	-1.10%
Average Drawdown Average peak-to-trough decline	-1.76%	-3.53%	+1.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.21%	—	—

Volatility

Volatility by Period

	BLTD	SASS	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.79%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.22%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.67%	16.68%	-10.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.81%	16.68%	-9.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.81%	16.68%	-9.87%

BLTD vs. SASS - Expense Ratio Comparison

BLTD has a 0.23% expense ratio, which is lower than SASS's 0.75% expense ratio.

Dividends

BLTD vs. SASS - Dividend Comparison

BLTD's dividend yield for the trailing twelve months is around 4.50%, while SASS has not paid dividends to shareholders.

Position	TTM	2025
BLTD Bluemonte Long Term Bond ETF	4.50%	2.48%
SASS M.D. Sass Concentrated Value ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both BLTD and SASS in my portfolio?

BLTD and SASS have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BLTD or SASS?

On fees, BLTD is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BLTD or SASS?

BLTD is cheaper with a 0.23% expense ratio, compared with 0.75% for SASS.

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

BLTD has the higher dividend yield at 4.50%, compared with 0.00% for SASS.

What is the main difference between BLTD and SASS?

BLTD is categorized as Long-Term Bond, while SASS is Actively Managed. They also come from different issuers: Bluemonte and M.D. Sass. Their fees differ too: 0.23% for BLTD and 0.75% for SASS.