JOJO vs. BLUI

Last updated Jun 4, 2026

JOJO (ATAC Credit Rotation ETF) and BLUI (Bluemonte Diversified Income ETF) are both Multisector Bonds funds. A 0.64 correlation means they provide meaningful diversification when combined. JOJO charges 1.28%/yr vs 0.75%/yr for BLUI.

Performance

JOJO vs. BLUI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ATAC Credit Rotation ETF (JOJO) 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, JOJO achieves a 2.29% return, which is significantly lower than BLUI's 3.27% return.

JOJO

• 1D: -0.25%
• 1M: 0.31%
• YTD: 2.29%
• 6M: 2.64%
• 1Y: 9.64%
• 3Y*: 6.59%
• 5Y*: —
• 10Y*: —

BLUI

• 1D: -0.19%
• 1M: 0.02%
• YTD: 3.27%
• 6M: 3.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JOJO vs. BLUI - Yearly Performance Comparison

	2026 (YTD)	2025
JOJO ATAC Credit Rotation ETF	2.29%	6.50%
BLUI Bluemonte Diversified Income ETF	3.27%	3.80%

Correlation

The correlation between JOJO and BLUI is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 24, 2025	0.64

JOJO vs. BLUI - Sectors Allocation Comparison

Sectors	JOJO	BLUI
Utilities	99.7%	1.5%
Real Estate	0.3%	51.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	0.3%
Consumer Defensive	-	-
Energy	-	46.7%
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Technology	-	0.6%

Return for Risk

JOJO vs. BLUI — Risk / Return Rank

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

JOJO

JOJO Risk / Return Rank: 42
JOJO Sharpe Ratio Rank: 41
JOJO Sortino Ratio Rank: 45
JOJO Omega Ratio Rank: 45
JOJO Calmar Ratio Rank: 40
JOJO Martin Ratio Rank: 37

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.

JOJO vs. BLUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ATAC Credit Rotation ETF (JOJO) 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.

	JOJO	BLUI	Difference
Sharpe ratio: Return per unit of total volatility	1.46	—	—
Sortino ratio: Return per unit of downside risk	2.23	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	1.96	—	—
Martin ratio: Return relative to average drawdown	5.66	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JOJO	BLUI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	1.97	-2.02

Drawdowns

JOJO vs. BLUI - Drawdown Comparison

The maximum JOJO drawdown since its inception was -28.43%, which is greater than BLUI's maximum drawdown of -2.43%. Use the drawdown chart below to compare losses from any high point for JOJO and BLUI.

Drawdown Indicators

	JOJO	BLUI	Difference
Max Drawdown Largest peak-to-trough decline	-28.43%	-2.43%	-26.00%
Max Drawdown (1Y) Largest decline over 1 year	-4.93%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-9.43%	—	—
Current Drawdown Current decline from peak	-5.89%	-0.43%	-5.46%
Average Drawdown Average peak-to-trough decline	-15.82%	-0.37%	-15.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.71%	—	—

Volatility

Volatility by Period

	JOJO	BLUI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.83%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.62%	3.89%	+2.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.31%	3.89%	+7.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.31%	3.89%	+7.42%

JOJO vs. BLUI - Expense Ratio Comparison

JOJO has a 1.28% expense ratio, which is higher than BLUI's 0.75% expense ratio.

Dividends

JOJO vs. BLUI - Dividend Comparison

JOJO's dividend yield for the trailing twelve months is around 5.13%, more than BLUI's 4.72% yield.

Position	TTM	2025	2024	2023	2022	2021
BLUI Bluemonte Diversified Income ETF	4.72%	2.91%	0.00%	0.00%	0.00%	0.00%
JOJO ATAC Credit Rotation ETF	5.13%	4.78%	4.88%	4.30%	3.63%	2.53%

Frequently Asked Questions

Can I hold both JOJO and BLUI in my portfolio?

JOJO and BLUI have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JOJO or BLUI?

On fees, BLUI is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JOJO or BLUI?

BLUI is cheaper with a 0.75% expense ratio, compared with 1.28% for JOJO.

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

JOJO has the higher dividend yield at 5.13%, compared with 4.72% for BLUI.

What is the main difference between JOJO and BLUI?

They also come from different issuers: ATAC and Bluemonte. Their fees differ too: 1.28% for JOJO and 0.75% for BLUI.