BLUI vs. BDBT

Last updated Jul 14, 2026

BLUI (Bluemonte Diversified Income ETF) and BDBT (Bluemonte Core Bond ETF) are both exchange-traded funds - BLUI is a Multisector Bonds fund managed by Bluemonte, while BDBT is a Intermediate Core Bond fund managed by Bluemonte. Over the past year, BLUI returned 7.48% vs 3.42% for BDBT. A 0.68 correlation means they provide meaningful diversification when combined. BLUI charges 0.75%/yr vs 0.23%/yr for BDBT.

Performance

BLUI vs. BDBT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Diversified Income ETF (BLUI) and Bluemonte Core Bond ETF (BDBT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLUI achieves a 3.90% return, which is significantly higher than BDBT's -0.34% return.

BLUI

• 1D: 0.00%
• 1M: 0.14%
• 6M: 3.04%
• YTD: 3.90%
• 1Y: 7.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BDBT

• 1D: -0.34%
• 1M: -0.71%
• 6M: -0.50%
• YTD: -0.34%
• 1Y: 3.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BLUI vs. BDBT - Yearly Performance Comparison

	2026 (YTD)	2025
BLUI Bluemonte Diversified Income ETF	3.90%	3.60%
BDBT Bluemonte Core Bond ETF	-0.34%	3.70%

Correlation

The correlation between BLUI and BDBT is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.68

The correlation between BLUI and BDBT has been stable across timeframes, ranging from 0.67 to 0.68 - a consistent structural relationship.

Return for Risk

BLUI vs. BDBT — Risk / Return Rank

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

BLUI

BLUI Risk / Return Rank: 81
BLUI Sharpe Ratio Rank: 78
BLUI Sortino Ratio Rank: 82
BLUI Omega Ratio Rank: 83
BLUI Calmar Ratio Rank: 76
BLUI Martin Ratio Rank: 85

BDBT

BDBT Risk / Return Rank: 29
BDBT Sharpe Ratio Rank: 30
BDBT Sortino Ratio Rank: 29
BDBT Omega Ratio Rank: 27
BDBT Calmar Ratio Rank: 29
BDBT Martin Ratio Rank: 29

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.

BLUI vs. BDBT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Diversified Income ETF (BLUI) and Bluemonte Core Bond ETF (BDBT). 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.

	BLUI	BDBT	Difference
Sharpe ratio: Return per unit of total volatility	1.97	0.89	+1.07
Sortino ratio: Return per unit of downside risk	2.91	1.32	+1.59
Omega ratio: Gain probability vs. loss probability	1.39	1.15	+0.24
Calmar ratio: Return relative to maximum drawdown	3.09	1.19	+1.90
Martin ratio: Return relative to average drawdown	13.58	3.26	+10.32

BLUI vs. BDBT - Sharpe Ratio Comparison

The current BLUI Sharpe Ratio is 1.97, which is higher than the BDBT Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of BLUI and BDBT, 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

BLUI vs. BDBT - Drawdown Comparison

The maximum BLUI drawdown since its inception was -2.43%, smaller than the maximum BDBT drawdown of -2.88%. Use the drawdown chart below to compare losses from any high point for BLUI and BDBT.

Drawdown Indicators

	BLUI	BDBT	Difference
Max Drawdown Largest peak-to-trough decline	-2.43%	-2.88%	+0.45%
Max Drawdown (1Y) Largest decline over 1 year	-2.43%	-2.88%	+0.45%
Current Drawdown Current decline from peak	-0.21%	-2.13%	+1.92%
Average Drawdown Average peak-to-trough decline	-0.35%	-0.78%	+0.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.55%	1.05%	-0.50%

Volatility

BLUI vs. BDBT - Volatility Comparison

The current volatility for Bluemonte Diversified Income ETF (BLUI) is 0.98%, while Bluemonte Core Bond ETF (BDBT) has a volatility of 1.29%. This indicates that BLUI experiences smaller price fluctuations and is considered to be less risky than BDBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLUI	BDBT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.98%	1.29%	-0.31%
Volatility (6M) Calculated over the trailing 6-month period	3.11%	2.98%	+0.13%
Volatility (1Y) Calculated over the trailing 1-year period	3.83%	3.86%	-0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.85%	3.87%	-0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.85%	3.87%	-0.02%

BLUI vs. BDBT - Expense Ratio Comparison

BLUI has a 0.75% expense ratio, which is higher than BDBT's 0.23% expense ratio.

Dividends

BLUI vs. BDBT - Dividend Comparison

BLUI's dividend yield for the trailing twelve months is around 5.05%, more than BDBT's 3.88% yield.

Position	TTM	2025
BDBT Bluemonte Core Bond ETF	3.88%	2.21%
BLUI Bluemonte Diversified Income ETF	5.05%	2.91%

Frequently Asked Questions

Can I hold both BLUI and BDBT in my portfolio?

BLUI and BDBT have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BLUI or BDBT?

BDBT has higher volatility (1.29%) compared to BLUI (0.98%). In terms of maximum drawdown, BLUI dropped -2.43% vs BDBT's -2.88%.

Which ETF is better, BLUI or BDBT?

On 1-year performance, BLUI leads with 7.48% vs 3.42% for BDBT. On fees, BDBT is cheaper at 0.23% per year. On volatility, BLUI has been the lower-risk option at 0.98%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BLUI or BDBT?

Over the 1-year period, BLUI has performed better with a 7.48% return vs 3.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BLUI or BDBT?

BDBT is cheaper with a 0.23% expense ratio, compared with 0.75% for BLUI.

Which ETF pays a higher dividend yield, BLUI or BDBT?

BLUI has the higher dividend yield at 5.05%, compared with 3.88% for BDBT.

What is the main difference between BLUI and BDBT?

BLUI is categorized as Multisector Bonds, while BDBT is Intermediate Core Bond. Their fees differ too: 0.75% for BLUI and 0.23% for BDBT.

Which has better risk-adjusted returns?

BLUI currently has the higher Sharpe Ratio (1.97 vs 0.89), 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.