LFDR vs. BCKT

Last updated Jun 23, 2026

LFDR (LifeX Durable Income ETF) and BCKT (LifeX 2030 Income Bucket ETF) are both Government Bonds funds from Stone Ridge. Both are actively managed. A 0.72 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.

Performance

LFDR vs. BCKT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LifeX Durable Income ETF (LFDR) 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, LFDR achieves a 0.36% return, which is significantly higher than BCKT's 0.24% return.

LFDR

• 1D: -0.61%
• 1M: 1.81%
• YTD: 0.36%
• 6M: 0.30%
• 1Y: 3.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BCKT

• 1D: -0.11%
• 1M: 0.11%
• YTD: 0.24%
• 6M: 0.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LFDR vs. BCKT - Yearly Performance Comparison

	2026 (YTD)	2025
LFDR LifeX Durable Income ETF	0.36%	-0.46%
BCKT LifeX 2030 Income Bucket ETF	0.24%	1.09%

Correlation

The correlation between LFDR and BCKT is 0.72, 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 Sep 24, 2025	0.72

Return for Risk

LFDR vs. BCKT — Risk / Return Rank

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

LFDR

LFDR Risk / Return Rank: 15
LFDR Sharpe Ratio Rank: 16
LFDR Sortino Ratio Rank: 15
LFDR Omega Ratio Rank: 13
LFDR Calmar Ratio Rank: 15
LFDR Martin Ratio Rank: 15

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.

LFDR vs. BCKT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LifeX Durable Income ETF (LFDR) 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.

	LFDR	BCKT	Difference
Sharpe ratio: Return per unit of total volatility	0.47	—	—
Sortino ratio: Return per unit of downside risk	0.73	—	—
Omega ratio: Gain probability vs. loss probability	1.08	—	—
Calmar ratio: Return relative to maximum drawdown	0.57	—	—
Martin ratio: Return relative to average drawdown	1.41	—	—

Drawdowns

LFDR vs. BCKT - Drawdown Comparison

The maximum LFDR drawdown since its inception was -7.77%, which is greater than BCKT's maximum drawdown of -1.00%. Use the drawdown chart below to compare losses from any high point for LFDR and BCKT.

Drawdown Indicators

	LFDR	BCKT	Difference
Max Drawdown Largest peak-to-trough decline	-7.77%	-1.00%	-6.77%
Max Drawdown (1Y) Largest decline over 1 year	-6.75%	—	—
Current Drawdown Current decline from peak	-3.40%	-0.66%	-2.74%
Average Drawdown Average peak-to-trough decline	-2.97%	-0.28%	-2.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	—	—

Volatility

Volatility by Period

	LFDR	BCKT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.94%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.84%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.17%	1.57%	+6.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.55%	1.57%	+7.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.55%	1.57%	+7.98%

LFDR vs. BCKT - Expense Ratio Comparison

Both LFDR 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

LFDR vs. BCKT - Dividend Comparison

LFDR's dividend yield for the trailing twelve months is around 8.21%, less than BCKT's 17.97% yield.

Position	TTM	2025
BCKT LifeX 2030 Income Bucket ETF	17.97%	5.36%
LFDR LifeX Durable Income ETF	8.21%	13.10%

Frequently Asked Questions

Can I hold both LFDR and BCKT in my portfolio?

LFDR and BCKT have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LFDR 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, LFDR or BCKT?

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

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

BCKT has the higher dividend yield at 17.97%, compared with 8.21% for LFDR.