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Launched · SEC filings

Bluemonte Core Bond ETF

BDBTNYSE ArcaBluemonteB

$24.48−0.02 (−0.08%)

As of Nov 2, 2026, 3:59 PM ET

B67/ 100

Rank 40 of 116 in US Aggregate Bond

B67/100Rank 40 of 116inUS Aggregate Bond
Intraday session: down, 76 prints from 24.50 to 24.48. Range 24.48 to 24.53. Use the arrow keys to read each point.24.4924.5124.5224.5310 AM12 PM2 PM4 PM
Expense ratio
0.22%*
Fund size
$494M
1Y total return
−0.2%
Yield · Last 12 months
4.16%
Holdings
7
Avg volume · 30D
53.6K sh
52W range
low $22.80high $25.82
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Aug 31, 2027. Without it: 0.27%.

The ETF.net BDBT Grade

B

Score 67 out of 100

Category
US Aggregate Bond⁠
Rank
40 of 116
Six-pillar profile for BDBT. Scores out of 100: Cost 69, Risk 47, Mission 100, Tradability 58, Holdings 33, Durability 47. Strongest: Mission (100). Weakest: Holdings (33). Leans toward Mission.

Score 67 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B69 out of 100
    Rank 35 of 115

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 100

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C47 out of 100
    Rank 55 of 116

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B58 out of 100
    Rank 38 of 116

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D33 out of 100
    Rank 96 of 115

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C47 out of 100
    Rank 72 of 116

Our read on BDBT

ETF.net Research

In short

BAn active manager's take on the plainest job in bonds: core fixed income at 0.22% net of a waiver through August 31, 2027, below the typical core bond fund, paid out monthly.

Stated mandate

The Fund seeks total return and income. It is actively managed and normally invests at least 80% of net assets, including investment borrowings, in investments providing exposure to bonds.

Why people hold it

  • Active management priced like a cheap fund: 0.22% net of a waiver through August 31, 2027 (0.27% gross), below the category median across 114 funds.
  • Distributions land monthly, not in quarterly lumps.
  • Does what the prospectus says: total return and income, with at least 80% of net assets in bond exposure, and a portfolio that lines up closely with that mandate.sec.gov
  • Lands in the upper half of a crowded broad bond field whose leaders are nearly all index trackers.

Worth knowing

  • The index giants are far cheaper: AGG, BND, SPAB and SCHZ each charge 0.03%. You are paying up for the active call.
  • The 0.22% depends on a waiver running through August 31, 2027. The stated gross fee is 0.27%.
  • Launched June 2025, so the record is short and spans one rate backdrop. Trading is moderate rather than heavy, so limit orders earn their keep.

BDBT Performance

Launched Jun 20, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
BDBT$9,979
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. BDBT $9,979. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025May 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BDBT. Periods over one year show the average yearly return.
PeriodBDBT
Year to date−0.6%
1 month+2.1%
3 months+0.2%
1 year−0.2%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BDBT
YearReturn barBDBT
2026 YTD−0.6%
2025+3.7%

History from Jun 23, 2025

BDBT in the news

BDBT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
4.16%Last 12 months
Payout per share
$1.02Last 12 months
Last payment
$0.11 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2025–2026

One bar per payment. 15 payments from 2025 to 2026 YTD. Jul 30, 2025 $0.07; Aug 28, 2025 $0.08; Sep 29, 2025 $0.08; Oct 30, 2025 $0.08; Nov 25, 2025 $0.08; Dec 30, 2025 $0.17; Feb 25, 2026 $0.09; Mar 27, 2026 $0.08; Apr 28, 2026 $0.08; May 27, 2026 $0.08; Jun 26, 2026 $0.08; Jul 29, 2026 $0.08; Aug 27, 2026 $0.09; Sep 28, 2026 $0.08; Oct 28, 2026 $0.11. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Oct 28, 2026Oct 30, 2026$0.11
Sep 28, 2026Sep 30, 2026$0.08
Aug 27, 2026Aug 31, 2026$0.09
Jul 29, 2026Jul 31, 2026$0.08
Jun 26, 2026Jun 30, 2026$0.08
May 27, 2026May 29, 2026$0.08
Apr 28, 2026Apr 30, 2026$0.08
Mar 27, 2026Mar 31, 2026$0.08
Feb 25, 2026Feb 27, 2026$0.09
Dec 30, 2025Dec 31, 2025$0.17
Nov 25, 2025Nov 26, 2025$0.08
Oct 30, 2025Oct 31, 2025$0.08

See all 15 payments⁠

$10,000 in BDBT 1 year ago paid $399 in dividends.⁠

BDBT Risk

Risk pillarC47 out of 100Rank 55 of 116 in US Aggregate Bond
How much the fund’s monthly returns vary, scaled to a year.
4.0%
Annualised · 16 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.51
vs 3-month T-bills · 16 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−4.4%
16 months · trough Sep 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.08
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

BDBT Cost

Compare BDBT and BKAG

Overpaying vs BKAG, cheapest in US Aggregate Bond

$4,558

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BDBT 0.22%

    $4,558

  • BKAG 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • BDBT 0.22%
  • BKAG 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K$5K051015202530BDBT $4,558BKAG $0

Year by year

YearBDBTBKAGOverpaying
10$401$0$401
20$1,561$0$1,561
30$4,558$0$4,558
How the 0.22% is worked out

Full fee 0.27%− waiver 0.05%= you pay 0.22%

The waiver ends Aug 31, 2027. After that the fee is 0.27% unless Bluemonte renews it. Source: prospectus, Aug 2026.

Other funds in US Aggregate Bond

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