BLUI vs. PSDM

Last updated Aug 4, 2026

BLUI (Bluemonte Diversified Income ETF) and PSDM (PGIM Short Duration Multi-Sector Bond ETF) are both Multisector Bonds funds. Both are actively managed. Over the past year, BLUI returned 7.19% vs 3.97% for PSDM. Their 0.64 correlation means they have sometimes moved together and sometimes differently. BLUI charges 0.75%/yr vs 0.40%/yr for PSDM.

Performance

BLUI vs. PSDM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Diversified Income ETF (BLUI) and PGIM Short Duration Multi-Sector Bond ETF (PSDM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLUI achieves a 4.33% return, which is significantly higher than PSDM's 1.61% return.

BLUI

• 1D: 0.06%
• 1M: 0.31%
• 6M: 3.19%
• YTD: 4.33%
• 1Y: 7.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.24%

PSDM

• 1D: 0.13%
• 1M: 0.07%
• 6M: 1.26%
• YTD: 1.61%
• 1Y: 3.97%
• 3Y*: 5.70%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.71%

*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)
BLUI Bluemonte Diversified Income ETF	$274.76K	$210.61K	$248.62K
PSDM PGIM Short Duration Multi-Sector Bond ETF	$2.09M	$1.46M	$1.32M

BLUI vs. PSDM - Yearly Performance Comparison

	2026 (YTD)	2025
BLUI Bluemonte Diversified Income ETF	4.33%	3.60%
PSDM PGIM Short Duration Multi-Sector Bond ETF	1.61%	3.50%

Correlation

The correlation between BLUI and PSDM is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.62
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.64

The correlation between BLUI and PSDM has been stable across timeframes, ranging from 0.62 to 0.64 - a consistent structural relationship.

Return for Risk

BLUI vs. PSDM — Risk / Return Rank

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

BLUI

BLUI Risk / Return Rank: 80
BLUI Sharpe Ratio Rank: 76
BLUI Sortino Ratio Rank: 80
BLUI Omega Ratio Rank: 82
BLUI Calmar Ratio Rank: 77
BLUI Martin Ratio Rank: 85

PSDM

PSDM Risk / Return Rank: 90
PSDM Sharpe Ratio Rank: 89
PSDM Sortino Ratio Rank: 92
PSDM Omega Ratio Rank: 92
PSDM Calmar Ratio Rank: 85
PSDM Martin Ratio Rank: 90

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.

BLUI vs. PSDM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Diversified Income ETF (BLUI) and PGIM Short Duration Multi-Sector Bond ETF (PSDM). 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	PSDM	Difference
Sharpe ratio: Return per unit of total volatility	1.90	2.27	-0.38
Sortino ratio: Return per unit of downside risk	2.83	3.53	-0.71
Omega ratio: Gain probability vs. loss probability	1.37	1.47	-0.10
Calmar ratio: Return relative to maximum drawdown	2.97	3.35	-0.38
Martin ratio: Return relative to average drawdown	13.02	14.69	-1.66

BLUI vs. PSDM - Sharpe Ratio Comparison

The current BLUI Sharpe Ratio is 1.90, which is comparable to the PSDM Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of BLUI and PSDM, 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. PSDM - Drawdown Comparison

The maximum BLUI drawdown since its inception was -2.43%, which is greater than PSDM's maximum drawdown of -1.19%. Use the drawdown chart below to compare losses from any high point for BLUI and PSDM.

Drawdown Indicators

	BLUI	PSDM	Difference
Max Drawdown Largest peak-to-trough decline	-2.43%	-1.19%	-1.24%
Max Drawdown (1Y) Largest decline over 1 year	-2.43%	-1.19%	-1.24%
Max Drawdown (3Y) Largest decline over 3 years	—	-1.19%	—
Current Drawdown Current decline from peak	-0.14%	-0.05%	-0.09%
Average Drawdown Average peak-to-trough decline	-0.34%	-0.17%	-0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.55%	0.27%	+0.28%

Volatility

BLUI vs. PSDM - Volatility Comparison

Bluemonte Diversified Income ETF (BLUI) has a higher volatility of 0.92% compared to PGIM Short Duration Multi-Sector Bond ETF (PSDM) at 0.67%. This indicates that BLUI's price experiences larger fluctuations and is considered to be riskier than PSDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLUI	PSDM	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.92%	0.67%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	3.14%	1.49%	+1.65%
Volatility (1Y) Calculated over the trailing 1-year period	3.81%	1.75%	+2.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.84%	2.01%	+1.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.84%	2.01%	+1.83%

BLUI vs. PSDM - Expense Ratio Comparison

BLUI has a 0.75% expense ratio, which is higher than PSDM's 0.40% expense ratio.

Dividends

BLUI vs. PSDM - Dividend Comparison

BLUI's dividend yield for the trailing twelve months is around 5.11%, more than PSDM's 4.81% yield.

Position	TTM	2025	2024	2023
BLUI Bluemonte Diversified Income ETF	5.11%	2.91%	0.00%	0.00%
PSDM PGIM Short Duration Multi-Sector Bond ETF	4.81%	4.57%	5.17%	2.91%

Frequently Asked Questions

Can I hold both BLUI and PSDM in my portfolio?

BLUI and PSDM have a correlation of 0.62, 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 PSDM?

BLUI has higher volatility (0.92%) compared to PSDM (0.67%). In terms of maximum drawdown, BLUI dropped -2.43% vs PSDM's -1.19%.

Which ETF is better, BLUI or PSDM?

On 1-year performance, BLUI leads with 7.19% vs 3.97% for PSDM. On fees, PSDM is cheaper at 0.40% per year. On volatility, PSDM has been the lower-risk option at 0.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BLUI or PSDM?

Over the 1-year period, BLUI has performed better with a 7.19% return vs 3.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BLUI or PSDM?

PSDM is cheaper with a 0.40% expense ratio, compared with 0.75% for BLUI.

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

BLUI has the higher dividend yield at 5.11%, compared with 4.81% for PSDM.

What is the main difference between BLUI and PSDM?

They also come from different issuers: Bluemonte and PGIM. Their fees differ too: 0.75% for BLUI and 0.40% for PSDM.

Which has better risk-adjusted returns?

PSDM currently has the higher Sharpe Ratio (2.27 vs 1.90), 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.