LIFT vs. LFDR

Last updated Jun 4, 2026

LIFT (LifeX 2028 Income Bucket ETF) and LFDR (LifeX Durable Income ETF) are both Government Bonds funds from Stone Ridge. Both are actively managed. At a 0.50 correlation, their price movements are largely independent. Both charge a 0.25% expense ratio.

Performance

LIFT vs. LFDR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LifeX 2028 Income Bucket ETF (LIFT) and LifeX Durable Income ETF (LFDR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LIFT achieves a 0.72% return, which is significantly higher than LFDR's -0.39% return.

LIFT

• 1D: 0.00%
• 1M: 0.31%
• YTD: 0.72%
• 6M: 1.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LFDR

• 1D: -0.36%
• 1M: 0.65%
• YTD: -0.39%
• 6M: -1.72%
• 1Y: 4.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LIFT vs. LFDR - Yearly Performance Comparison

	2026 (YTD)	2025
LIFT LifeX 2028 Income Bucket ETF	0.72%	1.16%
LFDR LifeX Durable Income ETF	-0.39%	-0.09%

Correlation

The correlation between LIFT and LFDR is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 25, 2025	0.50

Return for Risk

LIFT vs. LFDR — Risk / Return Rank

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

LFDR

LFDR Risk / Return Rank: 17
LFDR Sharpe Ratio Rank: 18
LFDR Sortino Ratio Rank: 17
LFDR Omega Ratio Rank: 17
LFDR Calmar Ratio Rank: 17
LFDR 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.

LIFT vs. LFDR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LifeX 2028 Income Bucket ETF (LIFT) and LifeX Durable Income ETF (LFDR). 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.

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

Sharpe Ratios by Period

	LIFT	LFDR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.24	0.19	+2.05

Drawdowns

LIFT vs. LFDR - Drawdown Comparison

The maximum LIFT drawdown since its inception was -0.49%, smaller than the maximum LFDR drawdown of -7.77%. Use the drawdown chart below to compare losses from any high point for LIFT and LFDR.

Drawdown Indicators

	LIFT	LFDR	Difference
Max Drawdown Largest peak-to-trough decline	-0.49%	-7.77%	+7.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.75%	—
Current Drawdown Current decline from peak	-0.05%	-4.12%	+4.07%
Average Drawdown Average peak-to-trough decline	-0.09%	-2.95%	+2.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.57%	—

Volatility

Volatility by Period

	LIFT	LFDR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.56%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.71%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.24%	8.37%	-7.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.24%	9.61%	-8.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.24%	9.61%	-8.37%

LIFT vs. LFDR - Expense Ratio Comparison

Both LIFT and LFDR 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

LIFT vs. LFDR - Dividend Comparison

LIFT's dividend yield for the trailing twelve months is around 31.05%, more than LFDR's 8.27% yield.

Position	TTM	2025
LFDR LifeX Durable Income ETF	8.27%	13.10%
LIFT LifeX 2028 Income Bucket ETF	31.05%	8.63%

Frequently Asked Questions

Can I hold both LIFT and LFDR in my portfolio?

LIFT and LFDR have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LIFT or LFDR?

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, LIFT or LFDR?

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

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

LIFT has the higher dividend yield at 31.05%, compared with 8.27% for LFDR.