FOPC vs. BLUI

Last updated Jun 25, 2026

FOPC (Frontier Asset Opportunistic Credit ETF) and BLUI (Bluemonte Diversified Income ETF) are both Multisector Bonds funds. Over the past year, FOPC returned 4.13% vs 7.12% for BLUI. A 0.70 correlation means they provide meaningful diversification when combined. FOPC charges 0.87%/yr vs 0.75%/yr for BLUI.

Performance

FOPC vs. BLUI - Performance Comparison

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

Returns By Period

In the year-to-date period, FOPC achieves a 0.83% return, which is significantly lower than BLUI's 3.62% return.

FOPC

• 1D: 0.33%
• 1M: 0.73%
• YTD: 0.83%
• 6M: 0.80%
• 1Y: 4.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLUI

• 1D: -0.03%
• 1M: 0.00%
• YTD: 3.62%
• 6M: 3.51%
• 1Y: 7.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FOPC vs. BLUI - Yearly Performance Comparison

	2026 (YTD)	2025
FOPC Frontier Asset Opportunistic Credit ETF	0.83%	3.72%
BLUI Bluemonte Diversified Income ETF	3.62%	3.60%

Correlation

The correlation between FOPC and BLUI is 0.71, 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	0.71
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.70

The correlation between FOPC and BLUI has been stable across timeframes, ranging from 0.70 to 0.71 - a consistent structural relationship.

Return for Risk

FOPC vs. BLUI — Risk / Return Rank

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

FOPC

FOPC Risk / Return Rank: 45
FOPC Sharpe Ratio Rank: 46
FOPC Sortino Ratio Rank: 48
FOPC Omega Ratio Rank: 44
FOPC Calmar Ratio Rank: 43
FOPC Martin Ratio Rank: 42

BLUI

BLUI Risk / Return Rank: 70
BLUI Sharpe Ratio Rank: 65
BLUI Sortino Ratio Rank: 68
BLUI Omega Ratio Rank: 70
BLUI Calmar Ratio Rank: 68
BLUI Martin Ratio Rank: 77

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.

FOPC vs. BLUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Frontier Asset Opportunistic Credit ETF (FOPC) and Bluemonte Diversified Income ETF (BLUI). 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.

	FOPC	BLUI	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.84	-0.41
Sortino ratio: Return per unit of downside risk	2.12	2.70	-0.58
Omega ratio: Gain probability vs. loss probability	1.26	1.36	-0.10
Calmar ratio: Return relative to maximum drawdown	1.90	2.94	-1.04
Martin ratio: Return relative to average drawdown	6.10	12.85	-6.74

FOPC vs. BLUI - Sharpe Ratio Comparison

The current FOPC Sharpe Ratio is 1.43, which is comparable to the BLUI Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of FOPC and BLUI, 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

FOPC vs. BLUI - Drawdown Comparison

The maximum FOPC drawdown since its inception was -2.18%, smaller than the maximum BLUI drawdown of -2.43%. Use the drawdown chart below to compare losses from any high point for FOPC and BLUI.

Drawdown Indicators

	FOPC	BLUI	Difference
Max Drawdown Largest peak-to-trough decline	-2.18%	-2.43%	+0.25%
Max Drawdown (1Y) Largest decline over 1 year	-2.18%	-2.43%	+0.25%
Current Drawdown Current decline from peak	-0.61%	-0.16%	-0.45%
Average Drawdown Average peak-to-trough decline	-0.44%	-0.36%	-0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.68%	0.56%	+0.12%

Volatility

FOPC vs. BLUI - Volatility Comparison

The current volatility for Frontier Asset Opportunistic Credit ETF (FOPC) is 1.00%, while Bluemonte Diversified Income ETF (BLUI) has a volatility of 1.06%. This indicates that FOPC experiences smaller price fluctuations and is considered to be less risky than BLUI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FOPC	BLUI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.00%	1.06%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	2.30%	3.08%	-0.78%
Volatility (1Y) Calculated over the trailing 1-year period	2.90%	3.90%	-1.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.13%	3.90%	-0.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.13%	3.90%	-0.77%

FOPC vs. BLUI - Expense Ratio Comparison

FOPC has a 0.87% expense ratio, which is higher than BLUI's 0.75% expense ratio.

Dividends

FOPC vs. BLUI - Dividend Comparison

FOPC's dividend yield for the trailing twelve months is around 4.25%, less than BLUI's 4.70% yield.

Position	TTM	2025	2024
BLUI Bluemonte Diversified Income ETF	4.70%	2.91%	0.00%
FOPC Frontier Asset Opportunistic Credit ETF	4.25%	4.42%	0.06%

Frequently Asked Questions

Can I hold both FOPC and BLUI in my portfolio?

FOPC and BLUI have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FOPC or BLUI?

BLUI has higher volatility (1.06%) compared to FOPC (1.00%). In terms of maximum drawdown, FOPC dropped -2.18% vs BLUI's -2.43%.

Which ETF is better, FOPC or BLUI?

On 1-year performance, BLUI leads with 7.12% vs 4.13% for FOPC. On fees, BLUI is cheaper at 0.75% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FOPC or BLUI?

Over the 1-year period, BLUI has performed better with a 7.12% return vs 4.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FOPC or BLUI?

BLUI is cheaper with a 0.75% expense ratio, compared with 0.87% for FOPC.

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

BLUI has the higher dividend yield at 4.70%, compared with 4.25% for FOPC.

What is the main difference between FOPC and BLUI?

They also come from different issuers: Frontier and Bluemonte. Their fees differ too: 0.87% for FOPC and 0.75% for BLUI.

Which has better risk-adjusted returns?

BLUI currently has the higher Sharpe Ratio (1.84 vs 1.43), 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.