BLTD vs. SCHQ
BLTD (Bluemonte Long Term Bond ETF) and SCHQ (Schwab Long-Term U.S. Treasury ETF) are both exchange-traded funds - BLTD is a Long-Term Bond fund actively managed by Bluemonte, while SCHQ is a Government Bonds fund tracking the Bloomberg U.S. Long Treasury Index. BLTD is actively managed, while SCHQ is passively managed. Over the past year, BLTD returned 0.11% vs -1.33% for SCHQ. Their 0.97 correlation means they have historically moved very closely together. BLTD charges 0.23%/yr vs 0.03%/yr for SCHQ.
Performance
BLTD vs. SCHQ - 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 SCHQ's -2.90% return.
BLTD
- 1D
- 0.35%
- 1M
- -2.70%
- 6M
- -1.94%
- YTD
- -1.95%
- 1Y
- 0.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 1.56%
SCHQ
- 1D
- 0.36%
- 1M
- -3.17%
- 6M
- -2.56%
- YTD
- -2.90%
- 1Y
- -1.33%
- 3Y*
- -0.04%
- 5Y*
- -7.19%
- 10Y*
- —
- ALL TIME*
- -4.12%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $317.91K | $316.46K | $451.36K | |
| $13.53M | $14.79M | $18.63M |
BLTD vs. SCHQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BLTD Bluemonte Long Term Bond ETF | -1.95% | 3.76% |
SCHQ Schwab Long-Term U.S. Treasury ETF | -2.90% | 3.98% |
Correlation
The correlation between BLTD and SCHQ is 0.97 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.97 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025 | 0.97 |
The correlation between BLTD and SCHQ has been stable across timeframes, ranging from 0.97 to 0.97 - a consistent structural relationship.
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Return for Risk
BLTD vs. SCHQ — Risk / Return Rank
BLTD
SCHQ
BLTD vs. SCHQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bluemonte Long Term Bond ETF (BLTD) and Schwab Long-Term U.S. Treasury ETF (SCHQ). 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 | SCHQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.98 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.02 | -0.19 | +0.21 |
| Martin ratioReturn relative to average drawdown | 0.05 | -0.41 | +0.46 |
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Drawdowns
BLTD vs. SCHQ - Drawdown Comparison
The maximum BLTD drawdown since its inception was -4.97%, smaller than the maximum SCHQ drawdown of -46.13%. Use the drawdown chart below to compare losses from any high point for BLTD and SCHQ.
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Drawdown Indicators
| BLTD | SCHQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.97% | -46.13% | +41.16% |
Max Drawdown (1Y)Largest decline over 1 year | -4.97% | -7.05% | +2.08% |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.38% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -40.93% | — |
Current DrawdownCurrent decline from peak | -4.63% | -38.39% | +33.76% |
Average DrawdownAverage peak-to-trough decline | -1.76% | -26.61% | +24.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.21% | 3.23% | -1.02% |
Volatility
BLTD vs. SCHQ - Volatility Comparison
The current volatility for Bluemonte Long Term Bond ETF (BLTD) is 1.79%, while Schwab Long-Term U.S. Treasury ETF (SCHQ) has a volatility of 2.30%. This indicates that BLTD experiences smaller price fluctuations and is considered to be less risky than SCHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BLTD | SCHQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.79% | 2.30% | -0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 5.22% | 6.30% | -1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.67% | 8.41% | -1.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.81% | 14.41% | -7.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.81% | 15.20% | -8.39% |
BLTD vs. SCHQ - Expense Ratio Comparison
BLTD has a 0.23% expense ratio, which is higher than SCHQ's 0.03% 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. SCHQ - Dividend Comparison
BLTD's dividend yield for the trailing twelve months is around 4.50%, less than SCHQ's 4.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
BLTD Bluemonte Long Term Bond ETF | 4.50% | 2.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHQ Schwab Long-Term U.S. Treasury ETF | 4.92% | 4.54% | 4.58% | 3.79% | 2.88% | 1.69% | 1.51% | 0.44% |
Frequently Asked Questions
With a correlation of 0.97, BLTD and SCHQ 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.
SCHQ has higher volatility (2.30%) compared to BLTD (1.79%). In terms of maximum drawdown, BLTD dropped -4.97% vs SCHQ's -46.13%.
On 1-year performance, BLTD leads with 0.11% vs -1.33% for SCHQ. On fees, SCHQ is cheaper at 0.03% 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 -1.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHQ is cheaper with a 0.03% expense ratio, compared with 0.23% for BLTD.
SCHQ has the higher dividend yield at 4.92%, compared with 4.50% for BLTD.
BLTD is categorized as Long-Term Bond, while SCHQ is Government Bonds. They also come from different issuers: Bluemonte and Charles Schwab. Their fees differ too: 0.23% for BLTD and 0.03% for SCHQ.
BLTD currently has the higher Sharpe Ratio (0.02 vs -0.16), 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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