LFAI vs. BCKT

Last updated Jun 24, 2026

LFAI (LifeX 2050 Longevity Income ETF) and BCKT (LifeX 2030 Income Bucket ETF) are both Government Bonds funds from Stone Ridge. Both are actively managed. Their correlation of 0.80 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.

Performance

LFAI vs. BCKT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LifeX 2050 Longevity Income ETF (LFAI) and LifeX 2030 Income Bucket ETF (BCKT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LFAI achieves a 0.10% return, which is significantly lower than BCKT's 0.31% return.

LFAI

• 1D: 0.16%
• 1M: 1.32%
• YTD: 0.10%
• 6M: 0.09%
• 1Y: 3.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BCKT

• 1D: 0.07%
• 1M: 0.18%
• YTD: 0.31%
• 6M: 0.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LFAI vs. BCKT - Yearly Performance Comparison

	2026 (YTD)	2025
LFAI LifeX 2050 Longevity Income ETF	0.10%	0.15%
BCKT LifeX 2030 Income Bucket ETF	0.31%	1.09%

Correlation

The correlation between LFAI and BCKT is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.80

Return for Risk

LFAI vs. BCKT — Risk / Return Rank

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

LFAI

LFAI Risk / Return Rank: 16
LFAI Sharpe Ratio Rank: 17
LFAI Sortino Ratio Rank: 16
LFAI Omega Ratio Rank: 15
LFAI Calmar Ratio Rank: 16
LFAI Martin Ratio Rank: 17

BCKT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

LFAI vs. BCKT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LifeX 2050 Longevity Income ETF (LFAI) and LifeX 2030 Income Bucket ETF (BCKT). 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.

	LFAI	BCKT	Difference
Sharpe ratio: Return per unit of total volatility	0.54	—	—
Sortino ratio: Return per unit of downside risk	0.82	—	—
Omega ratio: Gain probability vs. loss probability	1.09	—	—
Calmar ratio: Return relative to maximum drawdown	0.63	—	—
Martin ratio: Return relative to average drawdown	1.65	—	—

Drawdowns

LFAI vs. BCKT - Drawdown Comparison

The maximum LFAI drawdown since its inception was -8.64%, which is greater than BCKT's maximum drawdown of -1.00%. Use the drawdown chart below to compare losses from any high point for LFAI and BCKT.

Drawdown Indicators

	LFAI	BCKT	Difference
Max Drawdown Largest peak-to-trough decline	-8.64%	-1.00%	-7.64%
Max Drawdown (1Y) Largest decline over 1 year	-5.30%	—	—
Current Drawdown Current decline from peak	-2.86%	-0.58%	-2.28%
Average Drawdown Average peak-to-trough decline	-3.50%	-0.28%	-3.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	—	—

Volatility

Volatility by Period

	LFAI	BCKT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.54%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.17%	1.57%	+4.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.12%	1.57%	+5.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.12%	1.57%	+5.55%

LFAI vs. BCKT - Expense Ratio Comparison

Both LFAI and BCKT have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

LFAI vs. BCKT - Dividend Comparison

LFAI's dividend yield for the trailing twelve months is around 13.48%, less than BCKT's 17.96% yield.

Position	TTM	2025	2024
BCKT LifeX 2030 Income Bucket ETF	17.96%	5.36%	0.00%
LFAI LifeX 2050 Longevity Income ETF	13.48%	16.48%	1.91%

Frequently Asked Questions

Can I hold both LFAI and BCKT in my portfolio?

LFAI and BCKT have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LFAI or BCKT?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LFAI or BCKT?

LFAI and BCKT have the same expense ratio: 0.25% per year.

Which ETF pays a higher dividend yield, LFAI or BCKT?

BCKT has the higher dividend yield at 17.96%, compared with 13.48% for LFAI.