BLTD vs. XTWY

Last updated Jun 26, 2026

BLTD (Bluemonte Long Term Bond ETF) and XTWY (BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF) are both exchange-traded funds - BLTD is a Long-Term Bond fund managed by Bluemonte, while XTWY is a Government Bonds fund tracking the Bloomberg US Treasury 20 Year Target Duration Index. Over the past year, BLTD returned 5.28% vs 4.53% for XTWY. Their correlation of 0.95 suggests significant overlap in exposure. BLTD charges 0.23%/yr vs 0.12%/yr for XTWY.

Performance

BLTD vs. XTWY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Long Term Bond ETF (BLTD) and BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (XTWY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLTD achieves a 1.63% return, which is significantly lower than XTWY's 2.55% return.

BLTD

• 1D: 0.01%
• 1M: 1.84%
• YTD: 1.63%
• 6M: 1.08%
• 1Y: 5.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XTWY

• 1D: -0.04%
• 1M: 3.85%
• YTD: 2.55%
• 6M: 1.27%
• 1Y: 4.53%
• 3Y*: -2.77%
• 5Y*: —
• 10Y*: —

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

BLTD vs. XTWY - Yearly Performance Comparison

	2026 (YTD)	2025
BLTD Bluemonte Long Term Bond ETF	1.63%	3.76%
XTWY BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF	2.55%	3.25%

Correlation

The correlation between BLTD and XTWY is 0.95 - 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 (1Y) Calculated over the trailing 1-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.95

The correlation between BLTD and XTWY has been stable across timeframes, ranging from 0.95 to 0.95 - a consistent structural relationship.

Return for Risk

BLTD vs. XTWY — Risk / Return Rank

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

BLTD

BLTD Risk / Return Rank: 22
BLTD Sharpe Ratio Rank: 22
BLTD Sortino Ratio Rank: 21
BLTD Omega Ratio Rank: 20
BLTD Calmar Ratio Rank: 24
BLTD Martin Ratio Rank: 22

XTWY

XTWY Risk / Return Rank: 14
XTWY Sharpe Ratio Rank: 15
XTWY Sortino Ratio Rank: 14
XTWY Omega Ratio Rank: 13
XTWY Calmar Ratio Rank: 15
XTWY 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. XTWY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Long Term Bond ETF (BLTD) and BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (XTWY). 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	XTWY	Difference
Sharpe ratio: Return per unit of total volatility	0.77	0.40	+0.38
Sortino ratio: Return per unit of downside risk	1.15	0.66	+0.49
Omega ratio: Gain probability vs. loss probability	1.13	1.07	+0.06
Calmar ratio: Return relative to maximum drawdown	1.10	0.48	+0.62
Martin ratio: Return relative to average drawdown	2.73	1.11	+1.62

BLTD vs. XTWY - Sharpe Ratio Comparison

The current BLTD Sharpe Ratio is 0.77, which is higher than the XTWY Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of BLTD and XTWY, 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. XTWY - Drawdown Comparison

The maximum BLTD drawdown since its inception was -4.80%, smaller than the maximum XTWY drawdown of -25.92%. Use the drawdown chart below to compare losses from any high point for BLTD and XTWY.

Drawdown Indicators

	BLTD	XTWY	Difference
Max Drawdown Largest peak-to-trough decline	-4.80%	-25.92%	+21.12%
Max Drawdown (1Y) Largest decline over 1 year	-4.80%	-9.48%	+4.68%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.16%	—
Current Drawdown Current decline from peak	-1.15%	-12.77%	+11.62%
Average Drawdown Average peak-to-trough decline	-1.60%	-12.25%	+10.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	4.10%	-2.16%

Volatility

BLTD vs. XTWY - Volatility Comparison

The current volatility for Bluemonte Long Term Bond ETF (BLTD) is 1.79%, while BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (XTWY) has a volatility of 2.95%. This indicates that BLTD experiences smaller price fluctuations and is considered to be less risky than XTWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLTD	XTWY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.79%	2.95%	-1.16%
Volatility (6M) Calculated over the trailing 6-month period	5.09%	7.99%	-2.90%
Volatility (1Y) Calculated over the trailing 1-year period	6.85%	11.45%	-4.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.84%	17.54%	-10.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.84%	17.54%	-10.70%

BLTD vs. XTWY - Expense Ratio Comparison

BLTD has a 0.23% expense ratio, which is higher than XTWY's 0.13% 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. XTWY - Dividend Comparison

BLTD's dividend yield for the trailing twelve months is around 3.88%, less than XTWY's 4.56% yield.

Position	TTM	2025	2024	2023	2022
BLTD Bluemonte Long Term Bond ETF	3.88%	2.48%	0.00%	0.00%	0.00%
XTWY BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF	4.56%	4.56%	4.65%	3.86%	1.08%

Frequently Asked Questions

Can I hold both BLTD and XTWY in my portfolio?

With a correlation of 0.95, BLTD and XTWY 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 is riskier, BLTD or XTWY?

XTWY has higher volatility (2.95%) compared to BLTD (1.79%). In terms of maximum drawdown, BLTD dropped -4.80% vs XTWY's -25.92%.

Which ETF is better, BLTD or XTWY?

On 1-year performance, BLTD leads with 5.28% vs 4.53% for XTWY. On fees, XTWY is cheaper at 0.12% 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.

Which ETF has performed better, BLTD or XTWY?

Over the 1-year period, BLTD has performed better with a 5.28% return vs 4.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BLTD or XTWY?

XTWY is cheaper with a 0.12% expense ratio, compared with 0.23% for BLTD.

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

XTWY has the higher dividend yield at 4.56%, compared with 3.88% for BLTD.

What is the main difference between BLTD and XTWY?

BLTD is categorized as Long-Term Bond, while XTWY is Government Bonds. They also come from different issuers: Bluemonte and BondBloxx. Their fees differ too: 0.23% for BLTD and 0.12% for XTWY.

Which has better risk-adjusted returns?

BLTD currently has the higher Sharpe Ratio (0.77 vs 0.40), 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.