IBGL vs. BLTD
IBGL (iShares iBonds Dec 2055 Term Treasury ETF) and BLTD (Bluemonte Long Term Bond ETF) are both exchange-traded funds - IBGL is a Government Bonds fund tracking the ICE 2055 Maturity US Treasury Index, while BLTD is a Long-Term Bond fund managed by Bluemonte. Over the past year, IBGL returned 3.63% vs 4.79% for BLTD. With a 0.96 correlation, they move nearly in lockstep. IBGL charges 0.07%/yr vs 0.23%/yr for BLTD.
Performance
IBGL vs. BLTD - Performance Comparison
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Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with IBGL at 0.84% and BLTD at 0.84%.
IBGL
- 1D
- 0.09%
- 1M
- 2.24%
- YTD
- 0.84%
- 6M
- 0.49%
- 1Y
- 3.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BLTD
- 1D
- 0.18%
- 1M
- 1.46%
- YTD
- 0.84%
- 6M
- 0.77%
- 1Y
- 4.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBGL vs. BLTD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IBGL iShares iBonds Dec 2055 Term Treasury ETF | 0.84% | 3.08% |
BLTD Bluemonte Long Term Bond ETF | 0.84% | 3.76% |
Correlation
The correlation between IBGL and BLTD is 0.96 - 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 | 0.96 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025 | 0.96 |
The correlation between IBGL and BLTD has been stable across timeframes, ranging from 0.96 to 0.96 - a consistent structural relationship.
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Return for Risk
IBGL vs. BLTD — Risk / Return Rank
IBGL
BLTD
IBGL vs. BLTD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2055 Term Treasury ETF (IBGL) 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.
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.
| IBGL | BLTD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.12 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.50 | 1.00 | -0.50 |
| Martin ratioReturn relative to average drawdown | 1.20 | 2.48 | -1.27 |
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Drawdowns
IBGL vs. BLTD - Drawdown Comparison
The maximum IBGL drawdown since its inception was -9.37%, which is greater than BLTD's maximum drawdown of -4.80%. Use the drawdown chart below to compare losses from any high point for IBGL and BLTD.
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Drawdown Indicators
| IBGL | BLTD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.37% | -4.80% | -4.57% |
Max Drawdown (1Y)Largest decline over 1 year | -7.23% | -4.80% | -2.43% |
Current DrawdownCurrent decline from peak | -3.36% | -1.92% | -1.44% |
Average DrawdownAverage peak-to-trough decline | -4.02% | -1.60% | -2.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.02% | 1.94% | +1.08% |
Volatility
IBGL vs. BLTD - Volatility Comparison
iShares iBonds Dec 2055 Term Treasury ETF (IBGL) has a higher volatility of 2.07% compared to Bluemonte Long Term Bond ETF (BLTD) at 1.70%. This indicates that IBGL's price experiences larger fluctuations and is considered to be riskier than BLTD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBGL | BLTD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.07% | 1.70% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 6.24% | 5.04% | +1.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.99% | 6.82% | +2.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.43% | 6.82% | +3.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.43% | 6.82% | +3.61% |
IBGL vs. BLTD - Expense Ratio Comparison
IBGL has a 0.07% 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
IBGL vs. BLTD - Dividend Comparison
IBGL's dividend yield for the trailing twelve months is around 4.65%, more than BLTD's 3.91% yield.
| Position | TTM | 2025 |
|---|---|---|
BLTD Bluemonte Long Term Bond ETF | 3.91% | 2.48% |
IBGL iShares iBonds Dec 2055 Term Treasury ETF | 4.65% | 3.52% |
Frequently Asked Questions
With a correlation of 0.96, IBGL 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.
IBGL has higher volatility (2.07%) compared to BLTD (1.70%). In terms of maximum drawdown, IBGL dropped -9.37% vs BLTD's -4.80%.
On 1-year performance, BLTD leads with 4.79% vs 3.63% for IBGL. On fees, IBGL is cheaper at 0.07% per year. On volatility, BLTD has been the lower-risk option at 1.70%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BLTD has performed better with a 4.79% return vs 3.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBGL is cheaper with a 0.07% expense ratio, compared with 0.23% for BLTD.
IBGL has the higher dividend yield at 4.65%, compared with 3.91% for BLTD.
IBGL is categorized as Government Bonds, while BLTD is Long-Term Bond. They also come from different issuers: iShares and Bluemonte. Their fees differ too: 0.07% for IBGL and 0.23% for BLTD.
BLTD currently has the higher Sharpe Ratio (0.70 vs 0.41), 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.
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