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BLV vs. BLTD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BLV vs. BLTD

Last updated Jun 4, 2026

BLV (Vanguard Long-Term Bond ETF) and BLTD (Bluemonte Long Term Bond ETF) are both Long-Term Bond funds. With a 0.99 correlation, they move nearly in lockstep. BLV charges 0.03%/yr vs 0.23%/yr for BLTD.

Performance

BLV vs. BLTD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Long-Term Bond ETF (BLV) and Bluemonte Long Term Bond ETF (BLTD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BLV achieves a 0.28% return, which is significantly higher than BLTD's 0.26% return.

BLV

1D
-0.31%
1M
1.09%
YTD
0.28%
6M
-0.86%
1Y
6.59%
3Y*
2.02%
5Y*
-3.33%
10Y*
0.99%

BLTD

1D
-0.32%
1M
0.87%
YTD
0.26%
6M
-0.57%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

BLV vs. BLTD - Yearly Performance Comparison

2026 (YTD)2025
BLV
Vanguard Long-Term Bond ETF		0.28%4.35%
BLTD
Bluemonte Long Term Bond ETF		0.26%3.91%

Correlation

The correlation between BLV and BLTD is 0.99 - 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 (All Time)
Calculated using the full available price history since Jun 24, 2025

0.99

BLV vs. BLTD - Sectors Allocation Comparison

Sectors
BLV
BLTD

Financial Services

0.0%
100.0%

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Financial Services

BLV
0.0%
BLTD
100.0%

Basic Materials

BLV

-

BLTD

-

Communication Services

BLV

-

BLTD

-

Consumer Cyclical

BLV

-

BLTD

-

Consumer Defensive

BLV

-

BLTD

-

Energy

BLV

-

BLTD

-

Healthcare

BLV

-

BLTD

-

Industrials

BLV

-

BLTD

-

Real Estate

BLV

-

BLTD

-

Technology

BLV

-

BLTD

-

Utilities

BLV

-

BLTD

-

Compare stocks, funds, or ETFs

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Vanguard Long-Term Bond ETF

Bluemonte Long Term Bond ETF

Often compared with BLV:
BLV vs. BNDBLV vs. TLTBLV vs. VGLTBLV vs. BIVBLV vs. BSVBLV vs. EDVBLV vs. VBLAX
Often compared with BLTD:
BLTD vs. BLUIBLTD vs. BLUXBLTD vs. BLGRBLTD vs. BDBTBLTD vs. PCLBLTD vs. BLUCBLTD vs. BLST

Return for Risk

BLV vs. BLTD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BLV
BLV Risk / Return Rank: 2323
Overall Rank
BLV Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
BLV Sortino Ratio Rank: 2222
Sortino Ratio Rank
BLV Omega Ratio Rank: 2121
Omega Ratio Rank
BLV Calmar Ratio Rank: 2424
Calmar Ratio Rank
BLV Martin Ratio Rank: 2323
Martin Ratio Rank
BLTD
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.

BLV vs. BLTD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Long-Term Bond ETF (BLV) and Bluemonte Long Term Bond ETF (BLTD). 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.

BLVBLTDDifference
Sharpe ratioReturn per unit of total volatility
0.81

—

—

Sortino ratioReturn per unit of downside risk
1.21

—

—

Omega ratioGain probability vs. loss probability

1.14

—

—

Calmar ratioReturn relative to maximum drawdown

1.15

—

—

Martin ratioReturn relative to average drawdown

2.92

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BLV vs. BLTD - Sharpe Ratio Comparison

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Sharpe Ratios by Period

BLVBLTDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.81

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.26

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.08

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.37

0.65

-0.28

Drawdowns

BLV vs. BLTD - Drawdown Comparison

The maximum BLV drawdown since its inception was -38.29%, which is greater than BLTD's maximum drawdown of -4.80%. Use the drawdown chart below to compare losses from any high point for BLV and BLTD.

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Drawdown Indicators

BLVBLTDDifference

Max Drawdown

Largest peak-to-trough decline

-38.29%

-4.80%

-33.49%

Max Drawdown (1Y)

Largest decline over 1 year

-5.73%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-15.16%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-36.27%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-38.29%

—

—

Current Drawdown

Current decline from peak

-24.14%

-2.48%

-21.66%

Average Drawdown

Average peak-to-trough decline

-9.51%

-1.57%

-7.94%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.26%

—

—

Volatility

BLV vs. BLTD - Volatility Comparison

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Volatility by Period

BLVBLTDDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.50%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

5.62%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

8.15%

6.84%

+1.31%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.97%

6.84%

+6.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.98%

6.84%

+5.14%

BLV vs. BLTD - Expense Ratio Comparison

BLV has a 0.03% expense ratio, which is lower than BLTD's 0.23% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BLV vs. BLTD - Dividend Comparison

BLV's dividend yield for the trailing twelve months is around 4.80%, more than BLTD's 3.93% yield.

PositionTTM20252024202320222021202020192018201720162015
BLTD
Bluemonte Long Term Bond ETF		3.93%2.48%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BLV
Vanguard Long-Term Bond ETF		4.80%4.67%5.09%4.06%4.17%3.37%6.12%3.57%4.07%3.63%4.16%4.37%

Frequently Asked Questions

With a correlation of 0.99, BLV and BLTD 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.

On fees, BLV is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

BLV is cheaper with a 0.03% expense ratio, compared with 0.23% for BLTD.

BLV has the higher dividend yield at 4.80%, compared with 3.93% for BLTD.

They also come from different issuers: Vanguard and Bluemonte. Their fees differ too: 0.03% for BLV and 0.23% for BLTD.

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