RJVI vs. BLUI

Last updated Jun 4, 2026

RJVI (RJ Eagle Vertical Income ETF) and BLUI (Bluemonte Diversified Income ETF) are both Multisector Bonds funds. A 0.80 correlation means they provide meaningful diversification when combined. RJVI charges 0.51%/yr vs 0.75%/yr for BLUI.

Performance

RJVI vs. BLUI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RJ Eagle Vertical Income ETF (RJVI) and Bluemonte Diversified Income ETF (BLUI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RJVI achieves a 1.92% return, which is significantly lower than BLUI's 3.27% return.

RJVI

• 1D: -0.28%
• 1M: 0.82%
• YTD: 1.92%
• 6M: 1.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLUI

• 1D: -0.19%
• 1M: 0.02%
• YTD: 3.27%
• 6M: 3.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RJVI vs. BLUI - Yearly Performance Comparison

	2026 (YTD)	2025
RJVI RJ Eagle Vertical Income ETF	1.92%	0.50%
BLUI Bluemonte Diversified Income ETF	3.27%	1.02%

Correlation

The correlation between RJVI and BLUI is 0.80, 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 Oct 3, 2025	0.80

RJVI vs. BLUI - Sectors Allocation Comparison

Sectors	RJVI	BLUI
Healthcare	14.6%	-
Financial Services	13.2%	-
Utilities	12.7%	1.5%
Consumer Defensive	12.3%	-
Energy	11.0%	46.7%
Technology	11.0%	0.6%
Communication Services	9.8%	-
Industrials	9.1%	-
Real Estate	6.2%	51.0%
Basic Materials	-	-
Consumer Cyclical	-	0.3%

Return for Risk

RJVI vs. BLUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RJ Eagle Vertical Income ETF (RJVI) and Bluemonte Diversified Income ETF (BLUI). 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

	RJVI	BLUI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	1.97	-1.08

Drawdowns

RJVI vs. BLUI - Drawdown Comparison

The maximum RJVI drawdown since its inception was -3.12%, which is greater than BLUI's maximum drawdown of -2.43%. Use the drawdown chart below to compare losses from any high point for RJVI and BLUI.

Drawdown Indicators

	RJVI	BLUI	Difference
Max Drawdown Largest peak-to-trough decline	-3.12%	-2.43%	-0.69%
Current Drawdown Current decline from peak	-1.25%	-0.43%	-0.82%
Average Drawdown Average peak-to-trough decline	-1.02%	-0.37%	-0.65%

Volatility

Volatility by Period

	RJVI	BLUI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	4.14%	3.89%	+0.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.14%	3.89%	+0.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.14%	3.89%	+0.25%

RJVI vs. BLUI - Expense Ratio Comparison

RJVI has a 0.51% expense ratio, which is lower than BLUI's 0.75% expense ratio.

Dividends

RJVI vs. BLUI - Dividend Comparison

RJVI's dividend yield for the trailing twelve months is around 2.61%, less than BLUI's 4.72% yield.

Position	TTM	2025
BLUI Bluemonte Diversified Income ETF	4.72%	2.91%
RJVI RJ Eagle Vertical Income ETF	2.61%	0.93%

Frequently Asked Questions

Can I hold both RJVI and BLUI in my portfolio?

RJVI and BLUI have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RJVI or BLUI?

On fees, RJVI is cheaper at 0.51% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RJVI or BLUI?

RJVI is cheaper with a 0.51% expense ratio, compared with 0.75% for BLUI.

Which ETF pays a higher dividend yield, RJVI or BLUI?

BLUI has the higher dividend yield at 4.72%, compared with 2.61% for RJVI.

What is the main difference between RJVI and BLUI?

They also come from different issuers: Carillon Tower Advisers and Bluemonte. Their fees differ too: 0.51% for RJVI and 0.75% for BLUI.