LIBD vs. BLTD

Last updated Jun 4, 2026

LIBD (LifeX 2065 Inflation-Protected Longevity Income ETF) and BLTD (Bluemonte Long Term Bond ETF) are both exchange-traded funds - LIBD is a Inflation-Protected Bonds fund actively managed by Stone Ridge, while BLTD is a Long-Term Bond fund managed by Bluemonte. Their correlation of 0.91 suggests significant overlap in exposure. LIBD charges 0.25%/yr vs 0.23%/yr for BLTD.

Performance

LIBD vs. BLTD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LifeX 2065 Inflation-Protected Longevity Income ETF (LIBD) 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, LIBD achieves a 0.48% return, which is significantly higher than BLTD's 0.26% return.

LIBD

• 1D: -0.40%
• 1M: 0.93%
• YTD: 0.48%
• 6M: -1.01%
• 1Y: 3.91%
• 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)

LIBD vs. BLTD - Yearly Performance Comparison

	2026 (YTD)	2025
LIBD LifeX 2065 Inflation-Protected Longevity Income ETF	0.48%	1.84%
BLTD Bluemonte Long Term Bond ETF	0.26%	3.91%

Correlation

The correlation between LIBD and BLTD is 0.91, 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 Jun 24, 2025	0.91

Return for Risk

LIBD vs. BLTD — Risk / Return Rank

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

LIBD

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

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.

LIBD vs. BLTD - Risk-Adjusted Trends Comparison

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

	LIBD	BLTD	Difference
Sharpe ratio: Return per unit of total volatility	0.49	—	—
Sortino ratio: Return per unit of downside risk	0.75	—	—
Omega ratio: Gain probability vs. loss probability	1.08	—	—
Calmar ratio: Return relative to maximum drawdown	0.63	—	—
Martin ratio: Return relative to average drawdown	1.36	—	—
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

	LIBD	BLTD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.65	-0.36

Drawdowns

LIBD vs. BLTD - Drawdown Comparison

The maximum LIBD drawdown since its inception was -7.31%, which is greater than BLTD's maximum drawdown of -4.80%. Use the drawdown chart below to compare losses from any high point for LIBD and BLTD.

Drawdown Indicators

	LIBD	BLTD	Difference
Max Drawdown Largest peak-to-trough decline	-7.31%	-4.80%	-2.51%
Max Drawdown (1Y) Largest decline over 1 year	-6.19%	—	—
Current Drawdown Current decline from peak	-3.69%	-2.48%	-1.21%
Average Drawdown Average peak-to-trough decline	-3.20%	-1.57%	-1.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.89%	—	—

Volatility

Volatility by Period

	LIBD	BLTD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.64%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.08%	6.84%	+1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.64%	6.84%	+2.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.64%	6.84%	+2.80%

LIBD vs. BLTD - Expense Ratio Comparison

LIBD 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

LIBD vs. BLTD - Dividend Comparison

LIBD's dividend yield for the trailing twelve months is around 11.50%, more than BLTD's 3.93% yield.

Position	TTM	2025
BLTD Bluemonte Long Term Bond ETF	3.93%	2.48%
LIBD LifeX 2065 Inflation-Protected Longevity Income ETF	11.50%	13.52%

Frequently Asked Questions

Can I hold both LIBD and BLTD in my portfolio?

With a correlation of 0.91, LIBD 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, LIBD 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, LIBD or BLTD?

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

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

LIBD has the higher dividend yield at 11.50%, compared with 3.93% for BLTD.

What is the main difference between LIBD and BLTD?

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