LIAU vs. BCKT

Last updated Jun 4, 2026

LIAU (LifeX 2060 Inflation-Protected Longevity Income ETF) and BCKT (LifeX 2030 Income Bucket ETF) are both exchange-traded funds - LIAU is a Inflation-Protected Bonds fund actively managed by Stone Ridge, while BCKT is a Government Bonds fund actively managed by Stone Ridge. Both are actively managed. A 0.63 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.

Performance

LIAU vs. BCKT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LifeX 2060 Inflation-Protected Longevity Income ETF (LIAU) 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, LIAU achieves a 0.65% return, which is significantly higher than BCKT's 0.31% return.

LIAU

• 1D: -0.40%
• 1M: 0.64%
• YTD: 0.65%
• 6M: -0.67%
• 1Y: 4.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BCKT

• 1D: -0.06%
• 1M: 0.03%
• YTD: 0.31%
• 6M: 0.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LIAU vs. BCKT - Yearly Performance Comparison

	2026 (YTD)	2025
LIAU LifeX 2060 Inflation-Protected Longevity Income ETF	0.65%	-0.95%
BCKT LifeX 2030 Income Bucket ETF	0.31%	1.09%

Correlation

The correlation between LIAU and BCKT is 0.63, 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 25, 2025	0.63

Return for Risk

LIAU vs. BCKT — Risk / Return Rank

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

LIAU

LIAU Risk / Return Rank: 18
LIAU Sharpe Ratio Rank: 19
LIAU Sortino Ratio Rank: 18
LIAU Omega Ratio Rank: 18
LIAU Calmar Ratio Rank: 19
LIAU 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.

LIAU vs. BCKT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LifeX 2060 Inflation-Protected Longevity Income ETF (LIAU) 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.

	LIAU	BCKT	Difference
Sharpe ratio: Return per unit of total volatility	0.59	—	—
Sortino ratio: Return per unit of downside risk	0.89	—	—
Omega ratio: Gain probability vs. loss probability	1.10	—	—
Calmar ratio: Return relative to maximum drawdown	0.79	—	—
Martin ratio: Return relative to average drawdown	1.79	—	—
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

	LIAU	BCKT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.30	1.34	-1.64

Drawdowns

LIAU vs. BCKT - Drawdown Comparison

The maximum LIAU drawdown since its inception was -9.95%, which is greater than BCKT's maximum drawdown of -1.00%. Use the drawdown chart below to compare losses from any high point for LIAU and BCKT.

Drawdown Indicators

	LIAU	BCKT	Difference
Max Drawdown Largest peak-to-trough decline	-9.95%	-1.00%	-8.95%
Max Drawdown (1Y) Largest decline over 1 year	-5.38%	—	—
Current Drawdown Current decline from peak	-4.43%	-0.59%	-3.84%
Average Drawdown Average peak-to-trough decline	-5.24%	-0.26%	-4.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.37%	—	—

Volatility

Volatility by Period

	LIAU	BCKT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.22%	1.53%	+5.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.69%	1.53%	+7.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.69%	1.53%	+7.16%

LIAU vs. BCKT - Expense Ratio Comparison

Both LIAU 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

LIAU vs. BCKT - Dividend Comparison

LIAU's dividend yield for the trailing twelve months is around 9.36%, less than BCKT's 17.96% yield.

Position	TTM	2025	2024
BCKT LifeX 2030 Income Bucket ETF	17.96%	5.36%	0.00%
LIAU LifeX 2060 Inflation-Protected Longevity Income ETF	9.36%	12.93%	1.04%

Frequently Asked Questions

Can I hold both LIAU and BCKT in my portfolio?

LIAU and BCKT have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LIAU 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, LIAU or BCKT?

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

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

BCKT has the higher dividend yield at 17.96%, compared with 9.36% for LIAU.

What is the main difference between LIAU and BCKT?

LIAU is categorized as Inflation-Protected Bonds, while BCKT is Government Bonds.