LFBE vs. BLTD

Last updated Jun 4, 2026

LFBE (LifeX 2065 Longevity Income ETF) and BLTD (Bluemonte Long Term Bond ETF) are both exchange-traded funds - LFBE is a Government Bonds fund actively managed by Stone Ridge, while BLTD is a Long-Term Bond fund managed by Bluemonte. With a 0.97 correlation, they move nearly in lockstep. LFBE charges 0.25%/yr vs 0.23%/yr for BLTD.

Performance

LFBE vs. BLTD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LifeX 2065 Longevity Income ETF (LFBE) and Bluemonte Long Term Bond ETF (BLTD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LFBE achieves a -0.38% return, which is significantly lower than BLTD's 0.26% return.

LFBE

• 1D: -0.36%
• 1M: 0.65%
• YTD: -0.38%
• 6M: -1.72%
• 1Y: 4.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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)

LFBE vs. BLTD - Yearly Performance Comparison

	2026 (YTD)	2025
LFBE LifeX 2065 Longevity Income ETF	-0.38%	2.96%
BLTD Bluemonte Long Term Bond ETF	0.26%	3.91%

Correlation

The correlation between LFBE and BLTD is 0.97 - 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	0.97

Return for Risk

LFBE vs. BLTD — Risk / Return Rank

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

LFBE

LFBE Risk / Return Rank: 17
LFBE Sharpe Ratio Rank: 18
LFBE Sortino Ratio Rank: 17
LFBE Omega Ratio Rank: 16
LFBE Calmar Ratio Rank: 18
LFBE Martin Ratio Rank: 18

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.

LFBE vs. BLTD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LifeX 2065 Longevity Income ETF (LFBE) 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.

	LFBE	BLTD	Difference
Sharpe ratio: Return per unit of total volatility	0.53	—	—
Sortino ratio: Return per unit of downside risk	0.83	—	—
Omega ratio: Gain probability vs. loss probability	1.09	—	—
Calmar ratio: Return relative to maximum drawdown	0.66	—	—
Martin ratio: Return relative to average drawdown	1.72	—	—
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

	LFBE	BLTD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.65	-0.29

Drawdowns

LFBE vs. BLTD - Drawdown Comparison

The maximum LFBE drawdown since its inception was -7.65%, which is greater than BLTD's maximum drawdown of -4.80%. Use the drawdown chart below to compare losses from any high point for LFBE and BLTD.

Drawdown Indicators

	LFBE	BLTD	Difference
Max Drawdown Largest peak-to-trough decline	-7.65%	-4.80%	-2.85%
Max Drawdown (1Y) Largest decline over 1 year	-6.76%	—	—
Current Drawdown Current decline from peak	-4.11%	-2.48%	-1.63%
Average Drawdown Average peak-to-trough decline	-2.89%	-1.57%	-1.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	—	—

Volatility

Volatility by Period

	LFBE	BLTD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.57%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.31%	6.84%	+1.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.37%	6.84%	+2.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.37%	6.84%	+2.53%

LFBE vs. BLTD - Expense Ratio Comparison

LFBE has a 0.25% expense ratio, which is higher than BLTD's 0.23% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

LFBE vs. BLTD - Dividend Comparison

LFBE's dividend yield for the trailing twelve months is around 8.29%, more than BLTD's 3.93% yield.

Position	TTM	2025
BLTD Bluemonte Long Term Bond ETF	3.93%	2.48%
LFBE LifeX 2065 Longevity Income ETF	8.29%	12.22%

Frequently Asked Questions

Can I hold both LFBE and BLTD in my portfolio?

With a correlation of 0.97, LFBE 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.

Which ETF is better, LFBE or BLTD?

On fees, BLTD is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LFBE or BLTD?

BLTD is cheaper with a 0.23% expense ratio, compared with 0.25% for LFBE.

Which ETF pays a higher dividend yield, LFBE or BLTD?

LFBE has the higher dividend yield at 8.29%, compared with 3.93% for BLTD.

What is the main difference between LFBE and BLTD?

LFBE is categorized as Government Bonds, while BLTD is Long-Term Bond. They also come from different issuers: Stone Ridge and Bluemonte. Their fees differ too: 0.25% for LFBE and 0.23% for BLTD.